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What is Micro-Betting

What is Micro-Betting?

There have been so many progressions in sports betting in such little time, but a new focus is coming, known as micro betting. In-game betting, in particular, has become more prevalent, accounting for even more action at the average sportsbook.

In-game betting is so prevalent that it projects to make up for as much as 70% of all sports wagers placed in 2023. Because of that growth, there has been an opportunity for sportsbooks around the micro-betting idea.

Think of it in the same manner that fantasy sports changed the entire sports business. The goal becomes to engage fans and bettors outside of their home teams. Introducing micro-betting to supplement in-game betting is precisely the kind of change that we can anticipate.

What is Micro-Betting?

Think of micro-betting as a way to live bet on certain elements within a certain game. It is meant to combine in-play betting and props. But that is the 10,000-foot view of what micro-betting is about. Micro-betting is about betting on specific individual moments within that game. They don’t have to be related to the final score in any way. It also happens in real-time as the game moves along, much like in-play betting works.

The difference between micro-betting and live betting is that the micro wagers can settle far more quickly. There is not necessarily a need to wait for the game to end. You might not even have to wait for the next quarter or half to determine whether those wagers have won or lost.

For instance, instead of betting on a live total, spread, moneyline, or individual prop, the micro bet takes it to the next level. Players can find options down to the quarter or even half-inning (in the case of baseball). It can even come down to individual plays like pitches or at-bats. That kind of action keeps bettors engaged and interested in the action, whether their team is playing or not.

For bettors, it can also mean taking to rapidly changing odds, getting their bets in quickly, and seeing a result even quicker. For high-volume betters especially, micro-betting can be a game changer.

Best Micro Betting Sports  

What are the Most Popular Sports to Micro Bet?

For most sportsbooks, most of the action will center around the major sports: hockey, basketball, baseball, and football. Other options include racing, soccer, rugby, and more. But for micro-betting, the sports featured below are the best ones to choose from.

Let’s look at each of the four major sports and see what a micro bet might look like in each of those scenarios.

MLB Micro-Betting

Baseball is perhaps the best sport for micro-betting because of all the individual plays that occur over the course of a game. Bettors can wager on individual inning totals and moneyline, whether or not a team wills core in a particular inning, and even specific pitches and at-bats.

There is no shortage of betting options available on an MLB game. Instead of waiting for a game to finish to determine the result, bettors can wager on the action during any given inning, including props for players like total hits, RBI, runs, or strikeouts a pitcher will total. There is no shortage of options.

NFL Micro-Betting

The NFL remains king of the four major sports for plenty of reasons. Being able to micro-wager on each of the games has done nothing but help the popularity of America’s most popular sport. With most of the games taking place on the same day, bettors can wager on a litany of games and have results before the end of the day.

Micro-betting options can include the result of the next drive, the next play, and whether a field goal attempted will be made or missed. Bettors can use their observations of the game as it unfolds to make wagers and get in on ever-changing odds in the process.

NBA and NHL Micro-Betting

Betting on these two is similar in a lot of ways. For basketball, wagering on the first scorer, next field goal, and even determining whether the next shot will be a two- or three-pointer are all possible.

For the NHL, scoring is limited, but there are options for goals being scored within a certain frame of time, in addition to props like shots, hits, goals, points, saves, and more. Players can choose a 10-minute time frame and determine whether a goal will be scored.

Best Micro Betting Apps  

What Sportsbooks Offer Micro-Betting?

If you are looking to get involved with micro-betting, chances are there will be plenty of options in the very near future, however, at the moment four sportsbooks like like your best options.

PointsBet Sportsbook

PointsBet has been a leading innovator in live betting since their U.S. launch over 3 years ago. PointsBet has continued that innovation by leading the way with micro-betting. They already offer a polished micro-betting product across a number of different sports.

DraftKings Sportsbook

In terms of innovation in the sports betting industry, few brands can compete with DraftKings. While we would say the current PointsBet micro-betting product is slightly ahead of DraftKings', it seems like it is only a matter of time until the gap is closed and DraftKings can stake it's claim as the micro-betting leader.

FanDuel Sportsbook

Where DraftKings goes, FanDuel is never far behind. The claim to fame for FanDuel Sportsbook is that they have the highest-rated mobile app in the industry. It seems inevitable that FanDuel develops a micro-betting solution that belongs on the mobile betting leader's app.

BetMGM Sportsbook

If you are looking for a brand capable of proving a great micro-betting experience outside of the three already listed here, BetMGM Sportsbook is a brand worth watching. BetMGM offers one of the better live betting experiences on the market and already has the technology in place to expand its mircro-betting offerings.

Micro Betting is a Game Changer

In much the same way that live betting became a crucial move for sports betting, micro-betting looks to be the same. Players who want to make their wager and find out the result will love the idea of being able to bet on several in-game actions throughout the course of a single contest.

In much the same way that live betting dominates the current sports betting market, it may not be long before micro-betting takes up a similar share of the market.