How Cricket Betting Works
Cricket betting involves forecasting match results and staking money on your predictions. It is not just about picking winners; it is about understanding the game, the players, and the conditions. You can bet on various aspects, like the total runs in an inning or the performance of individual players.
Odds in cricket mean the probability of a specific event. For example, if a team, let’s say Pakistan, is favored to win, the potential payout will be less than the amount wagered. On the other hand, if a team is expected to lose, the potential payout is usually higher.
Steps To Place a Bet on Cricket
First, you must choose a reputable betting platform with a proper license. Before proceeding, you must read reviews to understand what other bettors say about the site. Here are the steps to place a bet on cricket after choosing a site:
- Register your account by providing details like name, email, etc.
- Use a credit card, e-wallet, or cryptocurrency to deposit funds
- Understand and master cricket odds to place a successful bet with a good payout
- Choose a cricket match you want to bet on – for example, Pakistan vs. India
- Select the betting type and the amount you wish to wager
- Confirm your bet and wait for the outcome
- The platform will add winnings to your account if your bet wins
Best Sites For Playing Cricket Betting Online
Finding the best cricket betting sites is not easy. You must consider various factors, such as reliability, security measures, user-friendly interface, and competitive odds. The platform must offer multiple betting markets, including in-play options.
In addition, good customer service, easy deposit and withdrawal methods, and attractive bonuses or promotions are also important. Make sure you choose a betting site with a proper license from a regulatory authority. The purpose is to ensure online betting is legal and responsible. The best cricket betting sites to place bets and increase your chances of winning are:
Cricket Betting Markets and Types of Bets
Understanding cricket betting markets is important to know the categories and types of bets you can place on cricket matches and tournaments. Each of the following has its own set of possible odds and outcomes.
| Types of Bets | How It Works | Pros | Cons |
| Match Betting | Bet on the outcome of a single match | Simple and straightforward, good for beginners | Limited potential for high returns |
| Series Winner | Bet on the overall winner of a cricket series | Higher potential returns allow for analysis over multiple games | Requires more knowledge and understanding of the teams |
| Outright Winner | Bet on the team to win a tournament outright | High potential returns, exciting to follow a tournament | High risk, as many teams are involved |
| Top Batsman/Bowler | Bet on the player to score the most runs or take the most wickets | It allows focusing on individual performances. | Dependent on individual performance, which can be unpredictable |
| Man of the Match | Bet on the player to be named the Man of the Match | High potential returns, exciting to follow individual performances | It is very unpredictable, as it depends on a single game’s performance |
| Toss Winner | Bet on a team to win the toss at the start of the match | Simple and straightforward, 50-50 chance | Purely based on luck, no skill involved |
| Highest Opening Partnership | Bet on the team to have the highest opening partnership in terms of runs | It ensures you focus on early-game performance | Limited to the performance of the opening batsmen |
| Over/Under Score | Bet on whether the total score will be over or under a certain amount | Allows for strategic betting based on team and pitch conditions | Requires good knowledge of the teams and game conditions |
Master Cricket Betting Odds
Odds represent the numerical values focusing on the likelihood of a cricket event based on wagering. Odds are actually the probability of a specific outcome of a cricket match or a particular event during the game. You must understand cricket betting odds because they help you make better decisions and increase your winning chances.
How To Calculate Cricket Betting Odds
The calculation is easy when it comes to cricket betting odds because you just divide 100% by the probability or likelihood of the outcome. For instance, the bookmaker determines India has an 80% chance of winning. The bookmaker would calculate the odds as follows: 100/80 = 1.25. This means that India’s odds of winning are 1.25.
Now, if you decide to bet 100 Dirhams on India, you can calculate your potential winnings using the formula:
Winnings = Odds x Bet amount.
So, in this case, your winnings would be 1.25 * AED 100 = AED 125. If India wins the match, you will get your initial bet back, plus your winnings, for AED 225. If India loses, you will lose your AED 100 bet.
Different Types of Cricket Betting Odds
There are three general types of odds in cricket betting. These include:
- Decimal odds
- Fractional odds
- Moneyline odds
Decimal odds have a simple representation because they represent the total payout from a successful bet, including the stake. For instance, if the decimal odds are 1.5 and you bet 10 Dirhams, your total return will be 15 Dirhams (AED 10 stake + AED 5 winnings) if you win.
As the name indicates, fractional odds are presented as a faction. For example, 4/1 reads as four-to-one – so you stand to win 4 Dirhams for every 1 Dirham you bet. Moneyline odds or American odds have a positive or negative representation. A positive number means the profit you will make from a 100 Dirham bet. On the other hand, a negative number tells you the amount you need to stake to make a 100 Dirham profit.
In addition to these three types of cricket betting odds, it’s important to understand some specific terms for Indian and Pakistani bettors. These include lay betting, lambi, and bhav. Let’s explore them:
Lay Betting
Lay betting means you bet against a specific outcome. For instance, if you lay Pakistan for AED 10 at odds of 1.5, you bet Pakistan will not win. So, if the Pakistani cricket team loses, you win AED 10. On the other hand, if Pakistan wins, you lose money. Here is the calculation of how you will lose money:
AED 10 x (1.5 – 1) = AED 5. So, you will lose 5 Dirhams.
Lambi
Cricket enthusiasts, particularly Pakistanis and Indians, use this term when betting on the number of runs scored during a match. Keep in mind that most bettors use Lambi betting in the first innings. For example, let’s say the lambi for the Indian team’s first innings is 150 runs. So, if you think India will score more than 150 runs, you can bet on it.
Bhav
Bhav is a simple term that Indians use to refer to odds in cricket betting. The term is very common in the Indian subcontinent. Remember, this is the same as the odds I explained above, but the purpose of talking about Bhav is to inform you of the terminology.
Factors Affecting Cricket Betting Odds
Some important factors to consider when placing bets on cricket are:
- Team performance
- Historical match-ups
- Pitch condition
- Weather conditions
- Team conditions
Suppose India and Australia are set to play a cricket match. India has been performing well recently, and historically, they have a good record against Australia. The game is in India, on a pitch that favors spin bowling. The weather forecast predicts overcast conditions. India’s team includes several in-form spinners. Considering these factors, the betting odds would likely favor India.
Best Cricket Betting Tips
- Don’t put all your money on one outcome.
- Stay updated with cricket news and player performance.
- Understand different formats, such as test, ODI, and T20, because they require different strategies.
- Consider the venue because home advantage is a significant factor in cricket.
- Understand how different types of pitches affect the game.
- Look at player match-ups because some may perform better against specific opponents.
- Consider recent injuries and study how they will impact a team’s performance.
- Understand the importance of toss because it is a huge advantage in certain conditions.
- Analyze the historical data, specifically past performances, to get insights into future outcomes for cricket matches.
- Consider player form, understand market movements, and avoid chasing losses.
- Avoid emotional betting and look for value bets.
- Keep a record of your bets to streamline your future strategy.
