With the advancements in technology, legal online sports betting platforms are coming up with creative ways to provide greater access to their users. Nowadays, live sports betting platforms offer a plethora of betting options. The newest addition to the betting world is micro-betting. Contrary to live sports betting or in-game betting which allows players to bet on a game or event in real-time, micro betting enables users to bet on individual moments in a game and is not affected by the final score. Micro Betting Software is in high demand as it provides users with different betting options and some instant betting action.
With the rising popularity of micro sports betting now offer cutting-edge platforms with a wide variety of bets. The rising demand for in-play betting has urged sports betting platforms to provide a wide variety of bets and features to stay ahead of the competition and make a profit. Micro-betting is fundamentally live betting on individual elements of the game. It contains the elements of both live sports betting and prop betting.
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Micro Betting is similar to Prop Betting and involves betting on individual elements of the game that are not affected by the final outcome of the game. It can be referred to as the combination of live betting and prop betting. While live betting focuses on the final outcome of a game and prop betting relies on certain aspects of the game. Meanwhile, one of the major differences for micro betting is that they are settled rather quickly and punters are not required to wait till the end of the game to claim their winnings.
Micro bets are gaining immense popularity due to their ability to provide instant action to bettors. Instead of betting on the money line, spread, or the final outcome of the game, micro bets explore the depths and provide options to bet on specific elements like the next ball, projected score, no, of runs in an over, etc. Will it be single or double? Can the striker beat the defender? How many runs will the bowler concede in an over? Micro Bets like these provide virtually endless possibilities for bettors
The rising popularity of live sports betting and the increased demand for micro bets has opened various new opportunities for Micro Betting Platforms to provide various types of Micro betting. Segmented by sports, these are the most popular micro bets available in micro betting software.
Baseball is a popular sport that offers plenty of micro betting opportunities. Look at some of the most preferred options.
NFL is one of the most popular leagues in the United States. Similarly, it also features a staggering amount of micro betting options.
Bettors need to be attentive if they hope to make micro bets in the NBA. The fast-paced action makes it difficult and doesn’t provide a lot of options when it comes to micro NBA bets. One popular example is whether the next free throw will be a basket or miss.
NHL is also a fast-paced high-octane game. However, fewer points in hockey make it easier to place micro NHL bets. A potential NBA micro bet is which team will score next.
Golf is the perfect sport for micro-betting as bettors get plenty of time between holes and swings. If you are looking for a micro-betting option that is slow-paced and provides plenty of micro-bets, Golf is the perfect pick.
With plenty of soccer games happening around the world, you will find no shortage of micro-soccer bets. Take a look at some options.
Read More:- Mobile Sports Betting- Everything You Need to Know
Micro betting and live betting are fundamentally similar but quite different. While both include betting on sports, the bets are quite different and explore greater depths than live sports betting. Take a look at the primary differences between Micro Bets and Live Bets.
| Micro Bets | Live Bets |
| Instant Action and Payouts | Require the completion of half, or quarter game for bet results. |
| Micro Bets Go Deeper. Examples include at-bat in baseball, next pitch, next goal, free throw, etc. | Live Betting generally involves the outcome of the game or halftime. |
| Quick Results | Requires the Completion of the Game |
| Low Entry-point for budget bettors | Requires Big Bets |
| Can place bets anytime during the match | Bets are generally placed before the start of the match. |
Read More:- The Best Online Betting Games To Earn Real Money
Micro Betting offers various benefits to punters that aren’t present in live betting. Now that you are familiar with micro-bets, let’s take a look at the benefits of micro-betting software.
One of the best characteristics and benefits of micro-betting is flexibility. It offers to bet on various opportunities and elements of the game. Moreover, each opportunity is different from the one before, making sure that players are never out of options. Due to this flexibility, micro-sports betting offers an exciting betting experience and is also profitable for Micro Betting Solution Providers.
Micro Betting is faster than live betting and provides results in a manner of minutes. Contrary to live betting, micro-betting doesn’t require the match or game to be completed for the results. Quick results help in managing your bankroll and preparing your budget for future bets. This way players can bet more but in smaller amounts which remove the fear of going bankrupt. Micro bets can be more beneficial and exciting for an average bettor if they don’t change their bankroll.
Thanks to its fast-paced nature, micro betting always offers a high-octane and thrilling betting experience. Micro betting always offers a fruitful experience which n turn ensures user retention. User retention provides plenty of benefits for the operators as it provides higher ROI. Micro bets provide benefits to businesses as well as users by increasing profits and providing an immersive user experience.
Read More:- Online Sports Betting Industry Challenges, Problems, and Solutions
While Micro Betting provides a lot of benefits to both operators and users, it also requires operators to work harder to provide the best possible betting experience to users. Which results in a variety of challenges for operators dealing in micro bets.
Since micro betting involves betting on specific elements of the game, it is necessary to provide high-quality streaming of the matches to ensure an immersive user experience. While live betting providers can make do without a streaming service, micro-betting works best with it. A fast-paced experience is facilitated with a constant stream of the live match by syncing the wagering options with their particular events.
One of the hardest challenges of Micro betting Software Solutions is the problem of latency. Since it relies on fast-paced match streaming, specific events to bet on can come and go in the blink of an eye. A Micro Betting platform must provide minimal latency streams so users are updated with the events of the game.
Scaling a micro betting software is significantly harder than a traditional sportsbook betting platform because it requires more computational power and bandwidth speeds to properly function. The Micro betting software receives a lot of concurrent users every time a betting opportunity shows up, which results in a lot of data being submitted in a very short time. This could overload the server or crash if the software is not built with the highest industry standards.
Read More:- Numbers Betting Software Development – A Complete Guide Here
The popularity of micro sports betting has given rise to various sportsbook micro betting sites that offer a variety of micro bets. We have handpicked the best sportsbooks that offer micro-betting.
| Sportsbook | Bonus | Features |
| DraftKings | 20% upto $1000 | Variety of Betting Options, Various Rewards, DFS and Pools, Licensed Platform |
| Caesars Sportsbook | Bet Refund upto $1250 | User-friendly Interface, Odds Boosts, Mobile Friendly, variety of betting markets, lucrative rewards program. |
| BetMGM | Up to $1000 in Bonus Bets | Variety of bets, Dedicated mobile app for Android & iOS, Odds boosts, daily promotions. |
| FanDuel Sportsbook | Bet $5, get $150 in bonus bets | Lucrative Promotions & Offers, Dedicated Mobile app for Android & iOS, Daily Fantasy Sports. |
| BetRivers | Second chance bonus bet for up to $500 | Multiple betting markets, Accepts major payment options, Betting Tips, Promotions & Rewards |
BR Softech is a veteran Micro Betting Solutions Provider that offers cutting-edge Micro Betting Software to its clients. Our Sports betting developers are well-versed in advanced technologies and utilize their in-depth knowledge and skills to create highly robust and secure Micro betting platforms that can handle a large number of concurrent users. We also provide betting script APIs, micro betting APIs, and sports betting platforms that are packed with interactive features. We offer-
If you are interested in sports betting software development and want to create your own sportsbook solution, you can contact BR Softech.
Yes, we provide a wide range of sports betting APIs including Micro betting APIs, sportsbook APIs, live line APIs, analytics APIs, and more.
Yes, we develop highly personalized sports betting software that is bespoke and tailored to the client’s requirements.
Major sportsbooks now provide micro-betting services. However, Drafts Kings is considered the best micro-betting platform.
