Systems and methods for dynamically skipping a presentation of a portion of segments to catch up to live based on a skippable bit value is disclosed herein. For example, a streaming application generates a content item for live streaming where the content item comprises a plurality of segments. In response to determining that playing of the content item lags behind the live streaming of the content item, the streaming application determines a skippable bit value for a segment that follows the last played segment based on a manifest which includes skippable bit information. If the segment includes a first skippable bit value, requesting data for the segment may be skipped. For a corresponding segment subsequent to the skipped segment, if the corresponding segment includes a second skippable bit, data for the corresponding segment is requested and the corresponding segment is played from a respective network address.