In terms of universal popularity, cricket is second only to football. In addition to the billions of fans who keenly follow their favourite teams, over 2.5 billion people play the sport. Knowing this, it should come as no surprise that cricket generates a boatload of betting activity at land-based and online sportsbooks.
This tutorial prepared by betting experts from https://www.betting-sites.in/ will introduce readers to cricket betting. You’ll find out what kinds of bets you can make, how to understand the odds and a few other helpful tips that will increase your chances of becoming a profitable cricket bettor.
Types of Cricket Wager
When you check out the wagering menu for a specific cricket match, you will come across a variety of betting options. Some of them will be easier to understand than others. Let’s start by going over five of the most popular and easy-to-understand types of cricket wagers.
Match Winner
This is perhaps the easiest type of bet to understand. Wagering on the match-winner is exactly what the name implies. You simply have to choose which side will be victorious. If the team you wagered on to win the match prevails, then you win your bet. If they lose, then your bet loses.
Totals
Totals are also pretty straightforward although there are a few different types. You can wager on player totals, team totals, and match totals. In all cases, the bookmaker sets the total and you wager on whether the player, team or match produces fewer runs than the set total or more runs than the set total. For example, the bookie sets the match total at 50. This means you can either wager on the teams combining for more than 50 runs or less than 50 runs.
Top Batter
If you follow your team closely, you’ll get a feel for how each player typically performs. If you have a sense of which player will score the most runs, then you can place a Top Batter or Top Batsman wager. If the player you wager on scores the most runs in the match, then you win your bet. You can get great odds on this type of wager.
Top Bowler
The Top Bowler wager is similar to a Top Batsman wager. The difference is that you are wagering on which bowler will produce the highest number of wickets throughout the match. Like the Top Batsman wager, you can find some very attractive odds in this market.
Toss Winner
Wagering on the toss winner does not require any skill or cricket knowledge. With this bet, you are merely wagering on which team wins the coin toss for the match. It’s a 50-50 proposition. One of the attractive things about this wager is that it is settled before the match even begins.
How to Read Odds
Knowing how to read the odds is critical. The odds tell you several things such as which team is favoured to win and, more importantly, how much your wager stands to win. You can think of the odds as a price tag.
Odds are displayed in various formats. The most common odds formats are decimal odds, American odds, and fractional odds. Most bookies let you choose which format the odds are displayed in. Let’s say the wager you want to make has even odds. They would be displayed in the following manner:
- Decimal Odds: 2.00
- American Odds: +100
- Fractional Odds: 1/1
To illustrate things, we’ll look at a Bangladesh Premier League match between Khulna Tigers and Comilla Victorians. Using the fractional format, the odds for the match-winner are:
- Khulna Tigers 11/10
- Comilla Victorians 8/11
Using decimal odds, you’d see:
- Khulna Tigers 2.10
- Comilla Victorians 1.73
American odds would be displayed as:
- Khulna Tigers +110
- Comilla Victorians -137
While they look very different, these odds are exactly the same. What do they tell us? Well, they tell us that the Victorians are the favourites. They also tell us how much a punter stands to win. If you wager €10 on Khulna, you stand to win €11 for a total return of €21. If you wager €10 on Comilla, you stand to win €7.30 for a total return of €17.30.
Tips for Betting on Cricket
Betting on cricket is essentially the same as betting on any other sport. One of the key components to any successful sports betting strategy is getting the best odds. Getting the best odds means that you are getting the biggest returns on your winning bets. You should also take advantage of any enhanced odds or profit boost promotions to further increase the amount you can win.
It may sound boring, but the most profitable sports bettors do their share of research. Head-to-head results, recent play, and individual and team streaks are among the things that factor into the handicapping process. With so many cricket betting options to choose from, studying a match can make it a lot easier to pick out those hidden gems.
Of course, we cannot understate the importance of responsible bankroll management and betting within your limits. While cricket bettors are bound to endure some stressful moments, sports betting in general should be viewed as a simple form of entertainment. Wagering responsibly will ensure that you can endure a cold streak and live to play another day.
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