A livestream refers to a real-time broadcast of an event over the internet. Livestreaming allows viewers to watch events as they happen, eliminating the need for recorded or delayed content. In the context of sports, livestreaming enables fans to watch games, matches, and tournaments from anywhere in the world. Livestreaming with software like vMix provides additional features such as graphics, overlays, and live statistics, enhancing the viewing experience. Livestreams can be accessed on various platforms, including websites, social media platforms, and dedicated livestreaming services.