Cricket Betting Odds
Cricket is a popular team game considered a national pastime in both Great Britain and India. Opponents meet on a green field to play with the bat and ball in pursuit of victory. This is a fascinating spectacle of interest to sports fans from all over the world, and it has a lot of advantages. Before and during the match, it is possible to place bets at betting shops in India. Studying the pre-match line with already-known odds of events helps sports strategists to place profitable bets.
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What are Cricket Betting Odds?
Many Indian users most often bet money on the victory of their favorite team. When it comes to the balance of power in this game, it is not as simple to understand as in soccer, so sometimes it is easier to choose a single favorite. Still, the ability to analyze the situation and consider the odds of winning can improve the profitability of gambling bets with different bookmakers, including Crickex.
Cricket betting odds are commonly referred to as a probability of a particular outcome occurring, expressed in numbers. As a rule, the higher the odds of an event are, the less profitable deals are offered. For big winnings, you need to be able to take risks and not play at the lowest odds. A key feature of cricket betting is that the odds set by bookmakers do not always reflect the real power of the teams. For this sport, over or underestimating the athletic potential of opponents is considered common. Such a twist makes cricket attractive in the eyes of bettors.
Types of Cricket Betting Odds
If soccer is considered to be the most well-known and popular sporting game, then cricket occupies an honorable second place. It is easy to make money on it before and while watching the matches. Beginners may encounter difficulties during their first attempts at betting. The variety of betting types is impressive and confusing at the same time. Bets are accepted not only on totals. This can be seen in the example of the match between such teams as Tasmania Tigers and Victoria.
Depending on the format of the cricket tournament, bettors can guess:
- the winner of the meeting;
- probability of a draw;
- the number of runs in the course of the meeting or a separate segment of the match;
- individual and overall total runs;
- loss or victory with a handicap;
- the first serve of the game;
- the best batters and pitchers in the contest.
When choosing the type of cricket betting, it is the odds of occurrence of a particular event are also of great importance. To understand the sporting logic, it is recommended to rely on expert sources and your own observations of the matches taking place on the green field. Bookmakers in India accept bets with different odds, i. e. numerical multipliers that are set with the inclusion of the establishment’s margin. They are set in different formats:
- decimal (2.06, 1.17);
- fractional (9/20, 83/100);
- American (-116, +152).
Hong Kong, Malaysian and Indonesian odds are used a little less frequently. The focus on customer satisfaction has led to the fact that bookmakers’ websites have a menu to choose a convenient format for displaying multipliers.
Professional Indian bettors choose a convenient odds format. Beginners should be guided by traditional decimal values. Using them as an example is the easiest way to understand the probability that the bet will be successful:
- High probability – multipliers from 1.01 to 1.49;
- Medium probability – multipliers from 1.50 to 1.99;
- Low probability – multipliers greater than 2.00.
Most often bets with small odds turn out to be successful. At the same time, bets with big multipliers bring profit less often, however, the winnings are impressive. For a deeper understanding of the principles of odds, we recommend learning more about American, decimal, and fractional odds multipliers.
How Do Decimal Odds Work?
The decimal odds are most often used by bookmakers on the European continent. This format remains popular because it is easy to understand. Multiplying the betting money by the odds is enough to calculate the amount of winnings in case of a successful bet. If a user bets 200 rupees on the outcome of a match with a multiplier of 1.75, he may win 350 Indian rupees, of which 150 coins will be net profit. Let’s consider decimal odds using a specific example.
Let’s say a cricket match between the teams of New Zealand and Sri Lanka is scheduled. You can bet on New Zealand’s winning at odds of 1.37 and the other team’s winning is to be bet at odds of 3.1. A bettor who bets Rs. 100 on New Zealand can win Rs. 137 with a net profit of Rs. 37. In the case of the Sri Lankan team’s win, the net profit with a bet of 100 Indian rupees is 210 rupees. As you can see, Sri Lanka’s win brings in a larger sum, except that it is less likely to happen. However, unexpected outcomes are common in cricket, so there are almost no outsiders in the sport.
How Do Fractional Odds Work?
Fractional odds are typical for bookmakers who keep the tradition. In this case, the indicator has the form of an ordinary fraction, in which the numerator shows the amount of net income, and the denominator the probable winnings. The fractional format is not always convenient but if it is the only one in the bookmaker’s office, it is important to be able to decipher it.
For example, consider the same meeting between the athletes of New Zealand and Sri Lanka. The odds for the first team to win is 37/100. The deciphering of the indicator looks like this: for every 100 betting units, you can get 37 units of net profit. Similarly, the fractional odds for the Sri Lankan cricket team’s win can be broken down as follows: you can win 21 units of money for every 10 units bet, which means a direct profit of 210 rupees for every 100 units bet.
As you can see, there is nothing difficult about this calculation of the likely outcomes of a cricket match. The illusion of complexity arises because bettors are unaccustomed to the fractional format.
How Do American Odds Work?
The American system odds are most often used by betting operators with registration in the United States. This is mostly a promotional campaign, although there are also fans of American odds. Multipliers can have positive and negative values. The positive multiplier demonstrates the net income for a bet of 100 monetary units. The negative multiplier notifies about the amount of bet that needs to be made to win 100 rupees or dollars.
The American odds for Sri Lanka and New Zealand are +210 and -270, respectively. It turns out that if the bettor believes in a Sri Lankan victory and is willing to bet 100 rupees, his net payout will be 210 rupees. In the case of a New Zealand win, the odds are listed with a negative value. There is a high probability of exactly this outcome, so the initial bet will increase much less than in the case of an opponent’s victory. To get 100 rupees of extra profit it is necessary to bet 270 rupees. After a few simple calculations, we get the same results: a bet of 100 units will result in a win of Rs. 37.
It does not matter what system odds are specified by the bookmaker. The ability to understand them enables you to play in any bookmaker and make exclusive bets, which not all betting operators can offer.
How To Find The Best Online Cricket Betting Odds?
It is possible to find the best cricket betting only after studying the offers of several reliable bookmakers. The more establishments will be inspected, the better are the chances of finding the best options for cash winnings and minimizing the risks. Experts also make mistakes in their predictions, and this understanding is the way to find the most realistic bets with high odds.
Indian cricket-loving bettors shouldn’t be limited to one brand. Dozens of platforms with excellent reputations are ready to offer exclusive deals. Also, new operators regularly appear in the market and are able to tweak the odds in favor of the players to attract customers.
The favorite cricket team doesn’t always win. Understanding this fact keeps novice Indian bettors from making mistakes and suggests considering sports betting as a way to snap a quick profit. Sometimes it’s worth betting on your favorite team’s main rival to come out of the deal a winner, and as a reward, treat yourself with a visit to a real cricket game.
How To Use Betting Odds?
Understanding the odds of sporting events, including cricket games, contributes to their competent use in making your own predictions. Indian bettors can avoid many mistakes by applying knowledge of odds along with other practical betting tips.
Very often beginners in betting look only at the odds, it is a common mistake. Before making a gambling bet, it is necessary to analyze different sources of information to minimize the chance of making a mistake.
In cricket betting, it is important not only to look at the pre-match line in a timely manner but also to investigate the professional side of the issue. The score and outcome of matches are influenced by the location of the game, the physical and psychological fitness of athletes, the existence of injuries, and the statistics of past meetings with similar opponents. Studying predictions from cricket experts adds a little more safety to betting.
View More than One Bookmaker
Bookmakers that provide services to Indian bettors cover the same cricket matches while offering different odds. Often players choose one bookmaker and do not go beyond its offers, although it is always a good idea to look at other betting options. In addition, third-party platforms may offer exclusive events worthy of attention. Estimate how many different bets you can make at Parimatch, 4rabet, and Dafabet.
Keep in mind the possibility of betting on different outcomes for the same event. This is a chance to compensate for losses by taking advantage of the offers of several bookmakers.
Bookmaker’s offices, like the casinos that are popular in India, offer bonuses to their customers. Watching athletes batting is much more enjoyable if there is an opportunity to invest in a bet with bonus funds. So, such a bookmaker as Parimatch offers gifts to players from the time of registration.
A bonus of up to 20,000 rupees will not be superfluous for users who decide to take up cricket betting in the long run.
A more attractive 200% first deposit bonus is offered by 4rabet. The beginner’s bonus is subject to a wager of x10 and involves betting at odds of 1.8 or more. In case of failure to meet the conditions, it will be canceled after 7 days.
The list of current bonuses is constantly changing. Their use increases the profitability of risky bets. Before activating the bonuses, it is important to make sure that the wagering of a particular offer is feasible.
When choosing reliable bookmakers, Indian betting enthusiasts do not need to have doubts about the guarantee of winning payouts. However, the anxiety about the accuracy of the bets made remains. To make a winning bet, it is recommended to take into account the following points:
- Study statistics and pay attention to the physical fitness of individual athletes and the team as a whole;
- For one-day matches, pay more attention to skill, and for multi-day matches, focus on the stamina of the opponents;
- Pay attention to the countries where the games are played because not all teams tolerate a change in climate conditions without affecting their performance.
It is a good idea for Indian cappers to keep an eye on their bankroll. If emotional control seems to be lost and bets are made without a clear strategy, it is highly recommended to get help or follow the tips in the Responsible Gambling section.
Putting Knowledge into Practice
Every year, the popularity of cricket in India grows among ordinary spectators as well as bettors. The chance to hit the jackpot after analyzing the game of the favorite team is available to every user who is familiar with the information provided. Understanding how betting works, the benefits of deals with different odds, and a careful search for the best bookmaker lead to analytical leisure with real monetary profits.
Now that you’ve learned the nuances of cricket betting, you’ll be able to put them into practice. Trust a licensed betting operator to feel the weight of ringing coins in your wallet soon.
Top Cricket Matches for Betting in India
Of course, let’s talk about some of the most popular cricket tournaments in India. The most popular tournaments in India are the Indian Premier League (IPL), Ranji Trophy, and Syed Mushtaq Ali Trophy. More about each league is below.
Indian Premier League (IPL)
The Indian Premier League (IPL) is a prime event for cricket betting enthusiasts. Established by the Board of Control for Cricket in India (BCCI) in 2007, the IPL is a thrilling T20 cricket tournament that offers plenty of opportunities for wagering.
The IPL typically takes place annually between March and May, featuring eight franchise teams representing various Indian cities or states. These include the Mumbai Indians, Chennai Super Kings, Delhi Capitals, Royal Challengers Bangalore, Kolkata Knight Riders, Sunrisers Hyderabad, Punjab Kings, and Rajasthan Royals.
The format of the IPL makes for exciting betting prospects. Each team plays each other twice in a round-robin format during the league stage. The top four teams progress to the playoffs, which follow a unique format that gives an extra opportunity for the top two teams to reach the final.
Betting on IPL matches involves various options. From predicting the overall tournament winner to wagering on individual match outcomes, top run-scorers, top wicket-takers, and even specific occurrences like number of boundaries, sixes, or hat-tricks, the possibilities are extensive.
Please remember, betting should always be done responsibly and within legal bounds. With our platform, you can immerse yourself in the electrifying world of IPL betting, combining the love of cricket with the thrill of wagering.
Ranji TrophyThe Ranji
Trophy is a first-class cricket championship played in India, involving teams from regional and state cricket associations. Named after Kumar Shri Ranjitsinhji, the tournament was first held in 1934. The Ranji Trophy is typically held from November to February. The tournament consists of teams representing 38 regional cricket associations. They compete in a round-robin format in the league phase, with the top teams from each group advancing to the knockout stage. The winner of the final match is declared the champion.
Syed Mushtaq Ali
TrophyThe Syed Mushtaq Ali Trophy is a Twenty20 cricket tournament in India, organized by the BCCI. Named after the Indian cricketer, Syed Mushtaq Ali, the tournament was first held in the 2006-07 season. The Syed Mushtaq Ali Trophy is typically held in January and February each year. The tournament consists of 38 teams divided into groups. They compete in a round-robin format in the group stage, with the top teams from each group advancing to the knockout stage. The winner of the final match is declared the champion.
As for the winners in the last few years, I can provide the information up to 2021:
- IPL: The Mumbai Indians were the winners in 2019 and 2020.
- Ranji Trophy: Saurashtra won the 2019-2020 season.
- Syed Mushtaq Ali Trophy: Tamil Nadu won the 2020-2021 season.
International Cricket Council (ICC)
World CupThe ICC World Cup is the most prestigious cricket tournament globally, held every four years. The first edition was held in 1975. The tournament features One Day International (ODI) cricket matches with 50 overs per side. As of the 2019 World Cup, 10 teams participate in the tournament. These teams compete in a round-robin format, with the top four teams advancing to the semi-finals. The winners of the semi-finals play the final match to decide the World Cup champion.The 2019 World Cup was won by England.Something wrong with view
ICC T20 World Cup
The ICC T20 World Cup is an international championship of Twenty20 cricket. The tournament began in 2007 and is typically held every two years. However, the schedule can be disrupted due to various factors, such as the COVID-19 pandemic in 2020. Sixteen teams participate in the tournament. These teams are divided into two groups for the Super 12 stage, with each team playing five matches. The top two teams from each group advance to the semi-finals. The winners of the semi-finals play the final match to determine the T20 World Cup champion. The 2016 T20 World Cup was won by West Indies.Something wrong with view
ICC Champions Trophy
The ICC Champions Trophy is a One Day International (ODI) cricket tournament. It was inaugurated as the ICC Knock Out Tournament in 1998 and has been played approximately every two to four years. The last edition was held in 2017, with the future of the tournament unclear due to the introduction of the ICC World Test Championship. The Champions Trophy features the top eight teams in the ICC ODI rankings. These teams are divided into two groups of four, with the top two teams from each group advancing to the semi-finals. The 2017 ICC Champions Trophy was won by Pakistan.Something wrong with view
ICC World Test Championship
The ICC World Test Championship is a league competition for Test cricket, introduced in 2019 to provide a context to all test matches. The inaugural edition ran from August 2019 to June 2021.Nine of the twelve Test-playing nations participate in the Championship. Each team plays a Test series against six of the other eight teams. Each series consists of between two and five matches, so not all teams will play the same number of matches. Points are awarded for wins, draws, and ties, with the two teams with the most points at the end of the league stage playing a final match to determine the champion. The inaugural 2019-2021 ICC World Test Championship was won by New Zealand.
Delve into the thrilling world of cricket betting with India’s leading online platform. We offer an interactive and secure platform for cricket enthusiasts who wish to test their knowledge and foresight. From IPL to the ICC World Cup, bet on your favorite matches and teams, and engage in a riveting experience that brings you closer to the game you love. With our platform, you can place wagers confidently, knowing that you’re partaking in a fair, regulated, and legal activity. So, whether you’re a seasoned bettor or a novice taking your first step, join us to immerse yourself in the exciting realm of cricket betting.Something wrong with view
Delve into the thrilling world of cricket betting with India’s leading online platform. We offer an interactive and secure platform for cricket enthusiasts who wish to test their knowledge and foresight. From IPL to the ICC World Cup, bet on your favourite matches and teams, and engage in a riveting experience that brings you closer to the game you love. With our platform, you can place wagers confidently, knowing that you’re partaking in a fair, regulated, and legal activity. So, whether you’re a seasoned bettor or a novice taking your first step, join us to immerse yourself in the exciting realm of cricket betting.