Re: How do Sportsbooks get live odds when they have live betting ?

I don't think people are manually updating the odds in real-time, more likely there is a central server using sophisticated algorithms that is taking care of the live sport events.

They actually use elves and wizzards Grin

. It will be all automated with fancy algorithms but how do they get the odds from the live games is what I'd like to know. Say if there's a minor league game or a womens football playing a friendly who is updating the odds or stats as it can't be automated especially if its not on tv. It is quite fascinating how it all works and would love to know more.

Every sport event is getting recorded as it is playing out by the officials and all the stats are getting uploaded in real time that's why Flashscore can update the livescores because they are receiving the feeds and aggregating them. Now the odds providers simply attach the odds to this and voila.

well if you would watch it in real time on the tennis court or something like that and do as fast bets as you can wouldnt it be possible to get some profit?

Some pro bettors actually are sitting in the stadiums and betting on their phones as the events are happening so they have an edge over the books because the tv and online livescores are getting a slight delay.