Cricket betting has long gone beyond Central Asia and is gaining popularity all over the world. In Bangladesh, betting on this sport has always been and remains popular. But the number of newcomers continues to increase. Therefore, together with Mostbet experts from https://mostbet-bdt.com/, we decided to write a guide with the basic concepts of cricket betting.
How Cricket Betting Odds Work
Cricket betting odds are an indicator that helps you understand the probability of the outcome of an event and the potential profit from the bet. The lower the odds, the more confident the bookmaker is in the outcome and the lower your profit will be. If the odds are higher, it means that the outcome is less likely, but the possible winnings will be greater.
For example, if India is playing against England and the bookmaker thinks India is the favourite, the odds might be 2.0. This means that if you bet ৳100 on India and India wins, you will receive ৳200 (which includes your initial deposit and ৳100 profit). However, if the odds are higher, for example 4.0, and you bet the same ৳100, your profit will be ৳400.
The main points to consider when dealing with odds:
- The lower the odds, the higher the probability of the outcome;
- The higher the odds, the greater your possible winnings will be;
- To calculate your possible winnings, simply multiply your bet by the odds.
Thus, odds not only show the probability of an outcome, but also help you understand how much you can win with a successful bet.
Cricket Betting Options
Betting on cricket may seem simple, but understanding the different types of bets will help you better appreciate their potential profit. Here are the main betting categories you may encounter when betting at Most Bet:
- Pre-match bets. These are bets that are placed before the match starts;
- Betting on the course of a match. Betting during the match, which allows you to take into account what is happening in real time;
- Single bet. A bet on one specific outcome;
- Express bets. A bet that combines several selections or outcomes. To win, all parts of an express bet must be correct;
- Team betting. Bets related to results concerning the whole team;
- Player-centred betting. Bets centred on the individual performance of players. This may include betting on how many points a particular player will score or how many wickets he will take.
The Main Types of Cricket Betting
When you are betting on cricket, you have several options to help you choose what to bet on. The experts at Most Bet have provided a list of the most popular markets in betting on this sport.
Direct Bet
A straight bet is a bet on which team will win. It can be a bet on winning a particular match, a draw or even a tournament in general.
Over/Under Bet
An over/under bet involves you guessing whether the total score will be higher or lower than a specified value. For example, if a bet is placed that a team will score more or less than 250 runs, you make a selection depending on how you think the team will perform.
Handicap
Handicap bets evenly distribute the odds between the teams. If one team is deemed to be stronger, a handicap will even things out. For example, if India is considered stronger than Pakistan, a handicap bet might offer India a starting minus 20 runs and Pakistan plus 20 runs. India would have to win by a margin of more than 20 runs for a handicap bet to be a winning bet.
Innings Wound
An innings run bet is a bet on the number of runs a team will score in one particular innings. This type of bet is popular in one-day matches where the events in one innings can be very dynamic.
Unique Bets (e.g. First Ball and First Over, etc.)
You can also bet on specific moments of the match, such as the first ball or the first over. For example, you can predict whether the first ball will score runs or take a wicket, or how many runs will be in the first over.
On the Player
Player of the match betting allows you to choose who will be the best player in the match. It does not require an in-depth knowledge of statistics, but it is important to choose versatile players who perform well in both attack and defence.
Best Bowler/Batsman
Betting on the best bowler involves picking the player who will take the most wickets in the match, while betting on the best batsman involves picking the player who will score the most runs.
To the Draw
A win the toss bet is a simple 50/50 bet where you pick which team will win the toss, and the odds for this bet are usually 2.0.
On the Total in the Series
If a match or tournament consists of several games, you can bet on the total score of the series. For example, you can bet that a team will win the series with a certain score, as is done in the Ashes tournament.
On the Winner of the Series
Finally, the series winner bet allows you to pick the team that will win the entire tournament. This is a long term bet and is called a futures bet as you are picking a winner that will be determined in the future.
How to Track Your Bets and Winnings in Cricket
Keeping track of your betting and cricket winnings has become easier thanks to modern betting platforms such as Mostbet. These sites provide convenient tools to manage and analyse your gambling activity.
To track your bets, go to your account page and find the “Bet History” section. Here you will see a detailed list of all the bets you have placed, including winning and losing bets. This information helps you to see how your bets are performing and to analyse which strategies are working best.
Operators like Most Bet also allow you to filter and sort data by date, bet type and other criteria. This will help you easily find the information you need and understand how and when certain results were achieved.