Cricket has been around since the 18th century and is considered as one of the oldest sports in history. Its popularity is far reaching also, as it is heavily played in the UK, India, Australia and South Africa.
How To Bet On Cricket
If you’re new to cricket, we strongly suggest you learn the fundamentals of the game. After all, if you wish to place a bet on a match, it would be wise to understand the intricacies of the game let alone the very basic rules that make up this gentleman’s sport.
The following guide will help you navigate through the various markets, bet types and other information deemed necessary in order to successfully turn more of your bets into profitable outcomes.
Popular Cricket Bet Markets
Betting markets are not strategies and therefore this will only cover the types of bet you can place. Cricket betting strategies are the safest and most consistent way of making winnings from those markets, therefore we highly recommend you read into this further or make your own. A strategy can help you approach betting in a more structured and reliable manner. Your strategy therefore can take into account all or some of the below betting types:
This is the most entry-level type of bet a punter could place. As the name suggests, a punter places a stake on odds given for either team or the draw. This single type of bet means that there’s only one winning outcome, and that’s for your pick to be correct.
Completed Match Betting
Fairly straightforward, this type of bet also has one possible outcome to win – by betting on whether or not you believe a match will finish on the day or not. External factors can come into play and therefore this makes for a more risky bet. Bad weather for example, happens to interfere more often than we’d like. This means therefore that a match may be postponed, thus not finalising on the day. Simply bet on whether yes, the match will conclude on the day, or no, it won’t.
Generally speaking, 1 out of 4 cricket matches played end in a draw. This gives punters good reason to value this type of bet as it is a recurring pattern. As a punter, your choices are simple; will this match end in a tie? Your choices are two, yes or no. Pick correctly to win your bet!
Other popular markets amongst punters:
Innings Run – correctly pick the number of runs that will be scored in the first innings of the match
Top Bowler – pick a player you think will take the most wickets during a match or series
Top Batsman – pick a player you think will score the most goals during a match or series
Bowler Match Bets – pick from two players, who will take the most wickets in a match or series
Batsman Match Bets – pick from two players, who will score the most runs in a match or series
Tournament Outright Winner – pick the winning team of a cricket tournament
Series Winner – pick the winning team in a series
Over/Under Score – the sportsbook will post predictive scores. You will then have to pick those scores and bet whether the actual score will be over or under that of the bookmakers
Series Score – bet on the final overall score of a particular series
Method of Dismissal – a batsman can be caught, run out, stumped or otherwise. Here you must pick the reason for a batsman’s dismissal
Win Toss – pick the team that you think will win the coin toss at the start of the match
Toss Combination – pick the team you think will win the coin toss but also the outcome of having the first choice. This means choosing the team that wins the coin toss and whether they choose to bowl or bat first
Odd / Even Runs – pick whether the number of runs by a team at the end of the match, will be an odd or even number
Most Runs Out – pick which team you think will have the most runs out at the end of match or series
Man of the Match / Player of the Series – pick a single player you believe will be crowned man of the match or player of the series
How Betting Odds Work
As you being to navigate through the various markets on a specific match or series, it’s important to understand how odds work. This will help you make a better decision and finding value in a market others might not. The best way to profit in fact is to find good value bets, meaning cricket odds that are more in your favour than that of the bookmakers.
Let’s for instance take two teams and review their odds
under the To Win The Match market:
1. Kings XI Punjab is listed as the underdog in the match at 2.20
2. Mumbai Indians instead, are listed as favourites with odds of 1.66
If you were to place a stake of £10 on Kings XI Punjab, your return would be £22.
£10 (stake) x 2.20 (odds) = £22 returned
Total profit: £12 (minus your original £10 stake)
Mumbai Indians would instead return £16.66 for the same stake amount of £10.
£10 (stake) x 1.66 (odds) = £16.66
Total profit: £6.66 (minus your original £10 stake)
Therefore the above calculation can be used across all markets. It becomes a little more complex when betting more than just single bets. Do not be discouraged however, there are plenty of betting calculators, free calculators, that can quickly sum up your potential winnings so that you don’t have to break out the old pen and paper, giving yourself a headache!
How Do I Bet On Cricket?
You can follow our guide above for more information! However if you don’t have time, here’s a quick guide:
- Sign up to a betting site or bookmaker of your choice. If you are new to a site, we suggest taking advantage of any welcome offers on tap!
- Fund your wallet.
- Navigate to the Cricket section, and find a selection of markets per match or series
- Once you find your market, pick and odds, simply add a stake amount. A statement will provide you with your potential winnings.
- Sit back and enjoy the game!
Is Cricket Betting Legal?
UK betting sites are regulated by the UKGC are fundamentally subject to upholding a legal standard. Failure to do so would mean having their license revoked therefore you can play with peace of mind.
This however is not a standard around the world, meaning we cannot recommend sites outside of the UK.
Which is the best Cricket Betting Site?
The options are plenty and generally we would recommend you stick to some of the most notable names in the business such as: Bet365, Ladbrokes, Betfair and so on. They are popular for a reason, and attract thousands due to their service, better odds, bigger markets and general website usability.
This does not mean there aren’t smaller bookmakers that should be recognised. In fact, we suggest you shop around for the best new player welcome offers to take advantage and earn some insurance!
Will I Receive My Winnings?
This is a top concern for most new players as in the past, less regulation and authoritative presence meant some had a bad experience. In more recent times, due to gambling commissions such as the UKGC, less of the stories appear to be common and therefore we recommend you find a UK betting site or bookmaker to ease your mind and play with confidence.
Should I take a Welcome Offer?
Indeed you should. Of course, some welcome offers will have terms and conditions which may come as a surprise to some. We therefore recommend you always read the finer print to prevent any disappointment at a later stage. However, most Welcome Offers or Bonuses, reward the new player with an extra level of insurance by refunding your first loss or by gifting you the same amount deposit, in bonus money.