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What are Live Betting Odds? Live betting odds are simply betting odds that are updated in real-time. All online sportsbooks adjust their odds for an upcoming event according to a variety of factors. Those factors might include the latest results in other events, fitness or injury worries, weather concerns, the weight of betting in the market and so on. Because such changes are made as and when a sportsbook deems it necessary, you can’t expect betting odds to remain the same from hour to hour. Let alone from day to day or week to week. Since betting odds change, any betting decision you make should always be based on the most up-to-date odds available. This is especially the case if you are an experienced bettor who understands the importance of value. What might be a poor value bet at one time might actually be a good value bet later on, when the odds have drifted. Of course, the converse is also true when the odds contract. Having ready access to live betting odds can therefore help you to make the best decisions based on the latest information.