Thursday, July 18, 2024
HomeScheduleHow to...

How to Bet on Cricket: Strategies & Guide in 2024


In 2024, cricket sport loved by billions around the world. It’s a game that involves two teams, each taking turns to bat and bowl. The aim is to score runs when batting and to get the opposing players out when bowling. Cricket is especially popular in countries like England, Australia, Pakistan, and the West Indies, aside from its massive fan base in India.

As cricket has grown in popularity, so has the interest in cricket betting. People from all over the globe, not just in India, enjoy placing bets on cricket matches. Betting adds an extra layer of excitement for fans, allowing them to guess who will win the match, who will be the top scorer, or how many runs a team might score, among other things. In this article we will explore how to place a proper bet on a cricket sport betting site, so we lose less and win more, but before let’s have a look at types of matches, and top major cricket tournaments and leagues around the world. 

Types of Cricket Matches

  • Test Cricket: The traditional format of the game, played over five days, offering a deep and strategic experience of cricket.
  • One Day International (ODI): A faster-paced version, where each team bats for a fixed number of 50 overs, blending strategy with excitement.
  • Twenty20 (T20): The shortest and most explosive format, with each team batting for just 20 overs, making for a fast and action-packed game.

Major Cricket Tournaments and Leagues Around the World

  • ICC Cricket World Cup: The pinnacle of ODI cricket, bringing together the world’s best teams to compete for the coveted title.
  • ICC T20 World Cup: A global tournament showcasing the thrill of T20 cricket, with teams competing in a shorter, more dynamic format.
  • The Ashes: A historic Test series between England and Australia, known for its intense rivalry and rich tradition.
  • Indian Premier League (IPL): A hugely popular T20 league featuring international and Indian stars, known for its high energy and big hitting.
  • Big Bash League (BBL) in Australia: Australia’s premier T20 competition, attracting talent from around the world and entertaining fans with its fast-paced action.
  • Caribbean Premier League (CPL): The West Indies’ answer to the IPL, combining the region’s vibrant culture with explosive T20 cricket.

How do betting odds work & their types: 

Betting odds represent the probability of a specific outcome in a sporting event. In cricket betting, these odds can be presented in different formats, such as decimal, fractional, or American odds, but they all serve the same purpose: to show the likelihood of an event occurring and how much you can win if you bet on that outcome.

  • Decimal Odds: This is a straightforward format where the number represents the total payout (stake + profit) for every unit of currency wagered. For example, if India has odds of 1.50 to win against England, and you bet 100, your total payout would be 150 (50 profit + your 100 stake) if India wins.
  • Fractional Odds: Common in the UK, these odds show the profit you stand to make on a bet relative to your stake. So, if the odds are 3/1 (read as “three to one”) and you bet 100, you’d win 300 in profit plus get your 100rs stake back if your bet wins.
  • Hong Kong Odds: These odds show the net profit you would earn from a bet, not including your original stake. If the odds are positive, it indicates how much profit you’ll make on a bet of 1 unit. For example, if a team has odds of 2.00 in Hong Kong format, and you bet 100, you would win 200 in profit. So, your total return would be 300 (your 200 profit + your 100 stake back).
  • Malay Odds: In this format, odds can be positive or negative and reflect the profit or stake needed for a win. Positive Malay odds, like 0.5, mean you would win 50 in profit on a 100 bet, bringing your total return to 150 (50 profit + 100 stake). Negative Malay odds, such as -0.5, indicate you need to bet 50 to win 100 in profit, so your total return would also be 150 (100 profit + 50 stake). This format succinctly communicates the potential returns or the amount required to secure a win.

Types of Bets in Cricket

  • Match Betting: This is the most straightforward bet where you simply pick the winner of a particular match. For instance, betting on Team A to win against Team B.
  • Top Batsman/Bowler: You bet on who you think will score the most runs (top batsman) or take the most wickets (top bowler) in a match or series. For example, betting on a player like Virat Kohli to be the top batsman in an India vs. Australia match.
  • Total Runs: This bet involves predicting whether the total runs scored by a team or in the match will be over or under a certain number provided by the bookmaker. For instance, betting that the total runs in a T20 match will be over 160.5.
  • Player Performance Points: Some bookmakers offer bets on a player’s overall performance in a match, calculated through a points system that accounts for runs scored, wickets taken, catches, and more. For example, betting that a player like Ben Stokes will score over a certain number of performance points.
  • Method of Dismissal: This bet involves predicting how a particular batsman will be dismissed (caught, bowled, LBW, etc.). It’s a more specific and often higher odds bet.
  • Man of the Match/Player of the Series: Betting on who will be named the Man of the Match or the Player of the Series, based on their overall contribution.

Examples with Logic

  • For Match Betting, if Team A is highly ranked and playing at home against a lower-ranked Team B, odds might favor Team A heavily. A bet on Team A would yield a smaller profit due to the perceived higher probability of their win.
  • In Total Runs, consider a T20 match at a ground known for high scores with clear weather forecasted. Betting on “over” for a relatively moderate total could be logical given these conditions.

What you need to know before placing a bet: 

Setting a Budget

It’s like deciding how much to spend on a fun day out. Pick an amount you’re okay with losing, because betting can be risky. Stick to this budget to keep betting fun and worry-free.

Doing Your Homework

Before betting, check how teams and players are doing. Look at their recent games, if anyone is hurt, and even the weather. It’s like doing a little homework to make a smarter guess.

Finding Good Bets

Look for bets where you think you have a better chance of winning than what the odds say. It’s like hunting for a bargain where you get more value for your money.

Using Stats and Past Games

Use past game results and player stats as your guide. It’s like using a map to find treasure. This info helps you make smarter bets.

What are the things to know when you choose your betting sports website to place a bet!

When choosing a betting site, you’re looking for a spot that’s safe, plays fair, and offers lots of choices. Think of it as picking a great place to eat out — you want it to be legit, secure, give you good value for money, and have a wide menu. Here’s how Fun88 measures up:

  • Legality: Just like you’d want a restaurant to have its health checks in order, Fun88 is all above board. It’s registered and operates under strict regulations, ensuring it’s a safe bet for your gaming.
  • Security: You wouldn’t leave your wallet lying around in just any place. Fun88 uses top-level security to protect your information and money, just like a top-notch eatery ensures your dining experience is safe and enjoyable.
  • Odds: Looking for a meal that’s worth every penny? In betting terms, that’s getting good odds. Fun88 offers competitive odds, giving you a better chance at winning, akin to finding a restaurant that offers the best value for money.

Betting Options: Variety is the spice of life, and just like a menu with lots of options, Fun88 provides a wide range of sports and betting types, including cricket among many others. It’s like being able to order anything from sushi to spaghetti and finding it all tastes great.

Bookmarked post
New Staff
New Staff
Authors and editors staff at ICC Cricket Schedule.

Related Articles

Latest Cricket NEWS