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Micro Betting – Tips for Beginners

In this article we will take a deep dive into the world of micro betting. Micro betting is an exciting new way of accessing sports betting, which has only been made possible due to new online betting technology and the legalization of sports betting in more states. If this is a new concept for you, have no fear. We’ll cover the ins and outs of micro betting for beginners, and offer tips for the more experienced bettors, too.

Micro betting explained.

Micro betting is one of many new advances being offered now thanks to the availability of online sports betting. Being able to bet from home, at any time, means that sports betting houses can offer their clientele a much wider range of betting options, including live betting. Micro betting is what happens when live betting meets prop betting.

If betting on live games sounds interesting to you, read on for more information about this fun area within sports betting. When you’re ready to try it yourself, check out our list of the best online sportsbooks in the US.

Micro Sports Betting Explained

Micro betting is indeed a form of sports betting, but it is different from traditional sports betting lines you may already be familiar with. Micro betting does not refer to the size of the bet, which you may think given the name “micro.” Instead, the “micro” nature of this type of gambling refers to small instances in gameplay that bettors place bets on.

The biggest difference between micro sports betting and other more old-school forms is that with traditional brick-and-mortar betting shops, one had to make a bet in advance of a game. The reason for this is simple – bettors had no way of quickly and safely communicating their bets to a betting house while a game was happening.

The appearance of online sports betting has changed all of that. Not only can bettors place their bets from home, but they can also bet while watching a game unfold live. This has opened the way for live betting, in which players make decisions on a bet that has already happened. Still, this alone is not micro betting. Let’s explain the difference.

Live Betting vs. Micro Gambling

In a traditional betting scenario, a bettor would choose the outcome of a game they want to bet on, let’s say the Chiefs beating the Eagles during the Super Bowl. They would have to submit this bet to a sportsbook in advance of the game starting, then sit back and watch the results. In live betting, the bettor can actually make a call during the game. Of course, this means that the odds are bound to change as different actions unfold in the game.

Live betting has allowed for sportsbooks to set responsive odds depending on how a game is unfolding in real time. Though it might seem complex since the odds can constantly change, that is also what makes it exciting for bettors. Bettors who enjoy live betting like feeling a part of the action and analyzing outcomes as the game goes on.

Remember back at the traditional sports book, when we bet on the Chiefs winning? Now imagine that instead of betting only on the straight outcome of the game, we had bet on which player would score the most touchdowns, or which team would be dealt a penalty card, or who would fumble a ball… These prop bets are smaller (micro) bets within the course of the game and go beyond betting on the overall winner and loser.

Micro gambling allows players to make lightning-fast decisions on these types of actions within a game. Because they happen in real time, bets also have to be made within a certain time frame since they are based on outcomes like, “what will happen during the next drive”, “who will score the next point”, and so on.

Our Top Micro Gambling Tips

The first important thing to know if you want to get in on micro sports betting yourself is that this is a high-paced form of betting. That comes with its own risks and rewards. If you like watching and responding to action happening in the moment, it could be for you. However, if you prefer to make your decisions in advance and then sit back and enjoy the game, waiting for the outcome, you might want to stick to traditional forms of betting instead.

A key factor to micro gaming is that odds change second to second. That means you have to be very fast in seeing an opportunity, making a decision, and getting your bet in. There are some tools that can help you with this. If you have a sports betting app on your phone, having this on hand while watching the game is probably the fastest way to assess odds and get in your bets on time.

A pro tip we can share is to try this out with small sums before moving on to larger ones. That goes with any new form of gaming you try, but is especially true when odds are as quickly changing as with this vertical. You want to try the process for yourself and see if you find any stumbling blocks when placing your bet, so that when it really matters, you aren’t caught off guard.

Though betting happens in the moment, you can also familiarize yourself with the types of bets available on your sports betting app of choice in advance. This kind of preparation is invaluable. Speaking of preparation, just because actions are happening live doesn’t mean that research is no longer useful in this type of bet. You should still analyze teams and individual player performance as you would for regular sports betting.

Knowing key information about players and how they are likely to perform can only help you in the heat of the moment. That preparation is the key to making split-second decisions in micro betting.

Micro betting is a relatively new form of sports betting, but sports betting professionals see it as the future in many ways. At the very least, there is consensus that micro betting is likely to appeal to a new group of gamblers. Why is that? It’s because micro betting generally takes less time and investment than other forms of sports betting.

Though we still do recommend familiarizing yourself with the sports you bet on and doing the prep work, with micro betting you at least do not have to wait so long for results. You can know in an instant what an outcome is. This is really appealing to so-called “casual bettors” who do not want to wait around for a full game to pass, or for a full season of the game, as some wagers are based on!

Those who aren’t interested in playing the long-game (literally) can instead access sports betting in this fun new way. That’s why it is likely to become more and more popular. Sports betting experts also predict that this could be a burgeoning new market, allowing growth as the result of many small bets from new bettors, rather than waiting on large sums from a few more seasoned bettors.

Types of Micro Bets by Sport

The types of bets you can make may continue to change as micro betting becomes more widely available, but for now, here are a few ways you can bet on your sport of choice!

  • Football: Field goals (scores or misses), next drive results, next play results.
  • Baseball: Inning moneyline/totals, batting results, pitching results, team to score in a given inning.
  • Soccer: Next goal (two- or three-way-moneylines), corner kicks in a given timeframe.
  • Tennis: Winner of the next point.
  • Golf: Results of a given shot.
  • Basketball: Free throws (make or miss).

Frequently Asked Questions

We hope this micro betting analysis has made you feel more confident about trying it for yourself! As you can see, there are countless ways of betting within sport, and so many sports to choose from. If you are in one of the lucky US states with legal online sports betting, there’s no reason you can’t try out micro gambling on the next big game. If you have further questions, please read the most commonly asked questions we get on this topic.

1. What is the best sport for micro gambling?

We believe soccer is the best sport for micro gambling because it is one of the most played games in the world. That means a soccer game is on often, so bettors can dip in and out of matches easily to place these quick, focused bets. You can learn more about the types of bets to make on various sports here.

2. Is micro betting popular?

Micro betting is relatively new thanks to new technology and legal online betting platforms, but it is projected to be an extremely popular vertical in time. In 2023, the president of Sportradar called micro betting the fastest-growing segment of live betting. He predicted it could earn $20 billion by 2027. However, it is still only available in some states with legal sports betting and online sportsbooks.

3. What is the top tip for micro sports betting?

Though micro betting differs from traditional sports betting, our top tip is the same: research your sport of choice a lot. If you can learn as much as you can before a game, your split-second decisions while the game is happening will likely be better. Performance analysis – both of your teams and of your own betting outcomes – is the key factor to success in betting; that, and luck!

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