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Live Betting Drives Higher Player Spending and Garners More Betting Budget According to Comprehensive Analysis of 3.8 Million Players (Bettors): Optimove Insights

by GlobeNewswire
January 17, 2025
in Top News
Reading Time: 4 mins read

Analysis shows that U.S.A. bettors had an 87% increase in average bet amount per month from $846 pre-game (match) to $1583 for live; Greek players place on average 70% of their betting amounts live

Chart 1: On average 54% of the global monthly bet amount is placed through live bets

The data reveals the following percentages of total bet amounts placed live across key markets: Greece 70%, Italy 57%, Spain 55%, United States 52%, and United Kingdom 34%.
The data reveals the following percentages of total bet amounts placed live across key markets: Greece 70%, Italy 57%, Spain 55%, United States 52%, and United Kingdom 34%.

Chart 2: Live bettors have a higher monthly average spend than pre-match bettors

These data underscore the significant role live betting plays across these markets, consistently outpacing pre-match betting in both preference and average spending.
These data underscore the significant role live betting plays across these markets, consistently outpacing pre-match betting in both preference and average spending.

NEW YORK, NY, Jan. 17, 2025 (GLOBE NEWSWIRE) — Optimove Insights, the research arm of Optimove, the #1 CRM Marketing platform for iGaming and sports betting, has released a comprehensive analysis of live (in-play) betting trends. The analysis of 3,794,500 monthly sportsbook bettors from January to December 2024 in the United States, United Kingdom, Greece, Italy, and Spain reveals that live betting accounts for on average 54% of total bets, with Greece leading at 70%. The analysis also shows that in each country, the average monthly bet amount per player was higher for live versus pre-match bets. The U.S.A. led the way with bettors averaging the highest monthly live betting amount of $1583.90 vs. $846.20 for pre-game (match), an 87% increase. 

Further, the data reveals that players who bet live bet more on average per month than those who bet pre-match only. 

As defined by Investopedia: “Live betting, also known as “in-play betting,” refers to gambling that occurs after a game has started. It allows viewers to place bets throughout the game rather than only before its start.” 

The Optimove Insights analysis revealed the following:

On average, 54% of the global monthly bet amount is placed through live bets 

The analysis of the portion of live bet amount versus pre-match bet amount out of the total monthly bet amount is below: 

  • Greece: 70% of the total bet amounts placed live 
  • Italy: 57% of the total bet amounts placed live 
  • Spain: 55% of the total bet amounts placed live 
  • United States: 52% of the total bet amounts placed live 
  • United Kingdom: 34% of the total bet amounts placed live 

On average, fifty-four percent (54%) of the monthly bet amounts were live bets across the 5 countries analyzed. (See chart 1)

 Live bettors have a higher monthly average spend than pre-match bettors 

The analysis of the average monthly bet amount per player of live bets versus pre-match bets revealed the following: 

  • United States: 87% increase pre-match to live 
    Live bet:  $1,583.90 average monthly bet amount 
    Pre-match: $846.20 average monthly bet amount 
  • Greece:  156% increase pre-match to live 
    Live bet: $1,063.90 average monthly bet amount 
    Pre-match: $416.00 average monthly bet amount 
  • Italy: 368% increase pre-match to live 
    Live bet: $690.40 average monthly bet amount
    Pre-Match: $147.60 average monthly bet amount 
  • Spain: 94% increase pre-match to live 
    Live bet:  $932.40 average monthly bet amount 
    Pre-match: $479.70 average monthly bet amount
  • United Kingdom: 23% increase pre-match to live 
    Live bet:  $234.40 average monthly bet amount 
    Pre-match: $189.80 average monthly bet amount 

These data underscore the significant role live betting plays across these markets, consistently outpacing pre-match betting in both preference and average spending. (See chart 2)

This analysis illuminates the growing importance of live betting in driving player engagement and revenue for sportsbook operators. With live betting accounting for over half of total bet amounts in most markets, it is clear that real-time, dynamic betting experiences resonate strongly with players. Moreover, the higher average spend by live bettors highlights the potential for operators to enhance player lifetime value through targeted, timely personalized messages to players. 

About Optimove Insights   

Optimove Insights is the analytical and research arm of Optimove, dedicated to providing valuable industry insights and data-driven research to empower B2C businesses. 

Attachments

  • Chart 1: On average 54% of the global monthly bet amount is placed through live bets
  • Chart 2: Live bettors have a higher monthly average spend than pre-match bettors
CONTACT: Guy Leshno
Optimove
+447716089172
Guy_l@optimove.com

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GlobeNewswire
GlobeNewswire
GlobeNewswire,is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
GlobeNewswire
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