Live online betting has the potential to become a universal tool for gambling with a high potential for problems thanks to its broad availability (temporal, local, financial, and social) and the flexibility in the ways of treating and gaining rewards.Gambling, generally, has a whole system of specific characteristics and mechanisms. There are some common phenomena, like chasing loses, belief in the possibility for betterment, and searching. However, there are many types of gambling. Each type of gambling has specific, attractive features. Sport gamblers, slot machine players, poker players, casino players - these are the groups of people who have slightly different perspectives on gambling and its positives and negatives; they have different motivations for gambling (conscious and unconscious). In an online environment, gambling becomes more accessible and also more flexible in terms of the game features offered to players. With online gambling, there has also emerged a new type of gambling – live online betting. At first glance it may seem to be just another form of gambling. However, live online betting is more flexible and multifunctional, and it can be handled in different ways. The game can be immediate or long-term, social or solitary, expert or thoughtless, adrenaline or relaxation. From this point of view, live online betting may expose more people to gambling and possibly trap them with addiction or problems.