While online cricket betting has seen a considerable rise in popularity in the last few years and its scale has grown to an unprecedented level, its more than just adding money to your wallet, selecting any odd, and confirming the bet. A significant amount of research and analysis goes into making such data-driven decisions and there are several steps that together help you place successful cricket bets online.
The following information will guide you through the most vital points that you should keep in mind to effectively learn how to bet on cricket online. These steps are followed by all bettors alike, no matter one’s experience level.
We will also understand how to bet on cricket online and provide you with expert tips and strategies that will bring out you’re a game. Let's get on with it!
Learn How to Bet on Cricket online
Learning how to play cricket betting on betting apps or sites starts with getting familiar with the cricket and the various cricket betting app or site’s interface.
After you have selected your favorite cricket betting app or website, you can follow the steps below to start making data informed decisions and rake in those profits.
- Sign up with your favourite cricket betting app or sites.
- Open an account and make your first deposit with your preferred banking method.
- Find the sports category and choose ‘Cricket'.
- Select any available match and go through the odds and the betting markets.
- Enter your betting amount on the betting slip.
- Confirm your bet and hedge as per the changing odds to book profits on both the sides
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How Do Cricket Betting Odds Work?
Cricket-betting odds are the indicators of how much money a bettor is set to win and lose in every bet then. The new bets are then placed on these odds. You will have to back or lay the teams. When you back a team, you’re favouring them to win and when you lay, it means that you are betting for the team to lose. Let's understand the cricket betting odds and learn how to bet on cricket online.
Let us assume the online cricket betting app has put the odds for a match between India and Australia at 50-55. This means that the odds on the Indian team is 50 and that of Australian team happens to be 55.
If you make a bet of INR 100 on the Indian team enjoying victory, you will receive INR 150 (100+50) back if India wins the match. By the same token, if India loses the match, then you shall lose the entire amount of 100 rupees.
Similarly, if you make a bet of INR 100 on Australia hoping they shall win the match, you will gain INR 155 (100+55) back if they do win. However, you will end up losing the entire amount if Australia loses the game.
Users can place various bets in other ways with these odds. What if you place a bet on a side losing the match based not on its probability of winning?
For example, if a user places a bet of INR 100 on India losing the match, the user will get INR 155 (100+55) back if India loses. However, if India wins the match, the user will lose only INR 55 (odds of the other team winning).
To make things interesting, many cricket betting app sites keep the odds in the form of decimals. Let us see how the decimal system of odds works.
Suppose the online betting website has placed the odds of a match between India and England at 1.2-3.1. Now, if a user places a bet of INR 100 on India winning the match, he will get INR 120 (100+ {100*1.2}) back if India wins.
As such, the decimals in this betting game are the proportion in which the money may increase or decrease depending on the outcome of one’s betting amount.
Most Popular Types of Cricket Betting
Cricket betting world is a complex system that involves many types of plays and bets. Here are some of the most popular types of cricket betting you should know as you learn how to play cricket betting.
Match Betting
At its simplest, a matched bet involves placing a back bet using the free bet at a bookmaker while placing the opposing lay bet at a betting exchange. More advanced versions involve placing the bets on multiple bookmakers (dutching) to avoid the commission charged for using an exchange.
Inning Runs
Betting on which team will be winning the game after a specific inning ends. You win your money only when the innings has been played till the very last over. If the score of the game is tied after the designated inning ends, all wagers will be no action.
Player
Player betting is a way of betting on a player who you think will contribute most towards his or her team, in terms of runs, wickets, catches, or stumpings.
Tournament Winner
With Tournament Betting, you aren't betting on a single game or outcome. You compete over multiple legs against other bettors. When the tournament ends, the prizes are distributed based on how you did.
Win Toss
Before the start of a cricket match, a coin is tossed to see which captain gets to select who will bat first and who will bowl first; and just like with most things in online cricket betting, you can bet on the outcome of this event too.
Over-Runs
An over–under or over/under (O/U) bet is a wager in which a sportsbook will predict a number for a statistic in a given game (usually the combined score of both teams), and bettors place their bets on the result that the actual number will be either higher or lower than the given number.
Cricket Betting Tips
By now, hopefully you have a better understanding of what cricket betting is all about and how to play cricket betting.
Below, we've included top “how to play cricket betting” tips to help you make the most of your betting experience:
Know your game
Understanding the technicalities and knowing how the game works is key to winning bets, regardless of the sport. With the rules having changed several times, and new formats added every now and then, a sport as diverse as cricket has significantly evolved over the years.
Before you learn how to bet on cricket online, take some time to familiarize yourself with cricket formats and gameplay. It is important to know these format dynamics to enhance your bet selection skills as not all teams perform well across all formats.
Do your homework
It pays to stay on top of your chosen team’s past performances as a way of predicting how they would fare in the next match. Keeping track of past records can help you get valuable analysis of future predictions.
Today, live cricket score sites provide you with all the latest scores and match updates in one place. That way, you have all the information on tap to bet on the top cricket tournaments worldwide and learn how to play cricket betting. Since cricket is a statistics-heavy sport, always do a thorough analysis before making your move.
How much money to risk?
If you start betting without a well-set limit, you may end up spending more money than you would have otherwise liked as you learn how to play cricket betting.
It is very important to estimate the amount of money you can use for betting. The habit of setting limits allows you to enjoy the betting experience without feeling burdened with the fear of losing more money than you can afford to lose.
Pro Tip: Just starting out? bet with smaller stakes. Test the waters first before going all in. Low deposit betting sites are perfect to get started.
Shortlist betting app or website
One big mistake many new players make while learning how to bet on cricket online is not registering with the right set of bookmakers. You must take a look at a range of factors, like credibility, payment security, ease of use and good customer support, before deciding on your preferred cricket betting app or website.
Once you have selected and registered on the betting sites, compare the odds across different websites before placing your bets. Comparing odds does not only help you identify the best odds but also maximizes your winnings if you win the odds.
Stay in check
Cricket betting can be very indulging. It’s easy to lose track of time and also how much you’re staking as you learn how to bet on cricket online, so ensure you take frequent breaks.
It is also important that you keep track of all your bets during the match. Prepare a basic bet-tracker sheet so you can assess your stats and modify the bet or cash out if needed. You need to practice this especially if you prefer to place bets on multiple betting sites. It helps you to stay in control and provides a clear picture of your spending.
Look for cricket promotions
We recommend you look for tailored promos at credible cricket betting sites. Cricket promotions and offers are meant to beef up your playing pot and enhance odds on multiple betting markets and events especially as you learn how to bet on cricket online.
Most betting apps and websites regularly come up with new betting offers and promotions to attract bettors and offer them an exciting gaming experience.
Analyze your performance and improve
As you practice how to play cricket betting, you must track your betting performance and analyze what worked and what did not. Remember these points when you place the next bet to constantly improve your betting performance.
You can even look at external post-match analysis published by cricket websites, and check their steps on analysis to check whether you are approaching the process of analyzing matches and deciding your bets correctly.
Best Online Cricket Betting Strategies
Online betting on sports is proliferating in India, and cricket is the frontrunner among favourite sports for people who are learning how to bet on cricket online. Bettors always get a wide variety of markers to decide from. So, when you are considering to be the perfect bettor, the right approach to cricket betting is a must. It is especially important if you do not know where to start.
Some key strategies to keep in mind before you know how to play cricket betting:
How Much Money Can You Risk?
It is crucial that you set only a small amount of your bankroll money for betting. Never place bets more than 2 to 3% of your bankroll. If you stick to this rule, you can avoid making unnecessary deposits in your account daily. A rule of thumb in betting is that you never rely on just betting as a your source of income. Always enter the betting field only with that much money, which, if lost, would not affect your daily life and needs.
Always Do a Pre-Match Analysis of Teams
Today, plenty of sites offer wealth of information associated with cricket betting and statistics for cricket fans free of cost. The range of information varies and may include knowledge of changes in management, trades, best players etc.
Stats will let you quickly nurture into the world of cricket betting. The best tip is to conduct a pre – match analysis before the game begins. Take a look at the weather reports to get an idea of the dew intensity and rain forecast.
Use the off-season to catch up on the team form, statistics, layout of the game, and player form relevant to the game. All these factors play a role in determining the game strategy and the toss selection of the teams, and can help you win while cricket betting.
Prepare a List of Pre-Match and In-Play Bets
Browse through the odds and its terms, and accordingly prepare a quick list of both the categories. Such lists help in saving time and ensure that you do not miss out on any quality bets.
Keep a Personal Tracker to Monitor All Your Bets
The most vital strategies include careful betting money management. It lets you enjoy cricket betting and have an opportunity for minting real profits. However, going crazy with the number poses a huge risk.
As you progress and learn how to bet on cricket online, take a break and decide wisely, set personal trackers that will help you: Set tight spending limits, keep a record of your bets placed.
It will help you to disclose your loss or profits over time while uncovering your strengths and weaknesses, and split 50 -50 between the winner of the match and your selection of props. It will prevent you from avoiding throwing your whole wallet down the drain while offering you more fun with multiple bets risk-free (mainly props).
Cricket Betting Glossary
Knowing how to bet on Cricket Online might get tricky sometimes with a lot of technical mambo-jumbos in use. Here are some of the keywords that are commonly used in the cricket betting world.
Betting Exchange
A betting exchange is a marketplace for customers to bet on the outcome of discrete events. Betting exchanges gives similar opportunities to bet as a bookmaker but with a few differences.
Bookmaker
In simple terms, A bookmaker is a person whose job is to take your money when you bet and to pay you money if you win.
Back
Back betting means you place bets on a certain outcome . For example, if you place a Back bet on a horse supposedly in the Melbourne Cup, you decide to wager on a certain horse to win the race. If the horse doesn’t secure top place, you end up losing your money. If your horse wins, you win your wager.
Lay
A Lay bet is when you bet on a certain outcome that you are hoping or predicting not to occur. It’s the opposite of back betting. For instance, if you bet on a football team not to win a certain match, and the team loses, you win your wager.
Session
Also known as In-play Live betting, session betting basically allows a cricket bettor to place their bets on live matches and games for a specified session.
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