Cricket is among the most popular sports in the world, and one of the most betted upon. In fact, millions of dollars are wagered on cricket matches every year.
However, not all punters can win consistently when placing bets on cricket. Many beginners lose money because they do not know how to bet effectively or analyze match situations properly. This article will discuss how to bet on cricket and some great tips that can help you become a better punter.
What Makes Cricket Betting Popular
Cricket has been around for centuries, and people have always placed bets on it. However, there is the advent of online sportsbooks, where everyone is betting on cricket online from anywhere in the world. This makes it easier to bet on your favorite team or player.
Cricket can be played in three different ways, all of which evolved from the original Test format. With so many different ways to play the game, there are more fans – and more ways to bet.
There are three types of cricket on which you can wager:
Test cricket is the longest form of cricket played at the international level. In test matches, teams play each other for about five days, with each day being split into two innings (or four if there are fewer than 100 overs bowled). Each team gets two innings daily, with the result determined at the end of both combined innings. The matches usually last four to five days, depending on how many overs are bowled per day and how quickly a team bats or bowls.
One Day International Cricket
This format of cricket was first introduced in 1971 and continues to be popular. A match lasts for 50 overs (each consisting of six balls bowled by one bowler). The victorious team is declared as soon as it has scored more runs than its opponent during its innings (when all wickets fall). The Cricket World Cup is an example of a One Day International Cricket tournament. This makes it a very popular event to bet on after every four years.
T20 cricket which is also known as Twenty-twenty cricket, is the shortest, fastest, and probably the most popular variant of cricket. It is the newest addition to the International Cricket arena and has quickly earned a large following among cricket enthusiasts. A Twenty20 International match usually lasts three hours and features big-hitting, outstanding fielding, and skillful bowling.
How to Calculate Cricket Betting Odds
There are three main cricket betting odds types: decimal, fractional, and American. All three have their calculations for calculating payouts when placing bets on cricket matches.
For gamblers, decimal odds are straightforward to comprehend. This option is now available on practically every sports betting platform. The format is a numerical representation of the predicted wager return, including the stake.
Decimal odds formula = Stake * Odds = Return
For example, if you were placing a bet on a team that was currently priced at 1/1 (meaning they were even money), then your decimal odds would be 1.0, which means that for every dollar that you bet on this team, you’ll win $1.00 back if they win the match. If you wanted to place $20 on this team at those odds, your total payout would be $20 x 1 = $20.
Fractional odds represent the profit linked with the stake. The profit you’ll make if you stake the amount on the fraction’s right side is shown on the left side of the fraction.
If the fractional odds are 5/1, it suggests that if you put $100 into a team, you’ll probably get $500 back. It demonstrates that the more money you invest, the more money you win.
However, there is an opposing viewpoint. What does it indicate if the odds are 1/5? That is to say; if you put $500 on the table, you will only get a $100 return. Such wagering is not only unsuitable for viewers but also for investors. It’s sometimes referred to as “negative betting.”
There are two types of Moneyline odds:
They have a negative sign, indicating that betting on that event will result in you winning less than your original wager.
They have a plus sign, indicating that betting on that event will allow you to win more money than your original stake.
Top Cricket Betting Tips
Cricket betting offers a great opportunity to make money from your knowledge and skill in predicting the outcome of different games. However, knowing how to place effective bets is important if you want to win consistently. Here are some top cricket betting tips:
Analyze Ratings and Rankings
Before placing a bet, it’s important to understand the rankings of teams and players in cricket. Ranks are typically determined by the average points earned by teams in recent matches, with higher-ranked teams earning more points for their wins than lower-ranked teams.
The team with the most points at the end of the season wins the championship and is ranked first. Players also have rankings based on their performance in recent matches, but these rankings are not combined with those of teams to determine overall rankings.
A team with a poor ranking may be more likely to lose its next match. Conversely, a team with a high ranking could be expected to win its next match. This is especially true if a team has won previous matches against teams ranked lower than theirs.
Check Weather Conditions
Weather conditions can affect the game in many ways. From how well players can see each other during play (and thus how well they can hit the ball) to whether or not it’s too hot for them to perform well (which could cause them to tire out quickly).
Also, gloomy conditions may favor team bowling, but a dry and sunny day may favor the batsmen. If it rains, the chances of a draw increase since less cricket will be played. The weather can also affect which team wins and how much they win.
Choose Your Cricket Betting Site Wisely
The first step to placing an effective bet is choosing your cricket betting site wisely. Hundreds of sites offer cricket betting opportunities, but not all are created equal. Some sites offer better odds than others, while others have better customer service.
There are several factors to consider when choosing a cricket betting site, including:
Longevity: How long has the site been around? Is it legitimate? A good site will have been in operation for several years and will have satisfied customers who can share their experiences with you.
Stability: Is the site stable? Does it have any downtime or other problems that might affect your ability to place bets? A good site will be available 24/7 and never experience technical difficulties preventing you from placing your bet on time.
Customer Service: Does the site offer customer service via email or phone? If you have questions about placing bets or need help with something related to your account, this is an important feature to look for. Most sites offer assistance via email or live chat, so you can get answers quickly without having to wait on hold for long periods.
Payment Options: What payment options does the site offer? Consider checking whether the site offers your preferred payment method.
So, before you start placing bets, check out this list of legal apps for betting on cricket. Make sure you have chosen a reputable site that will provide you with quality service and the best odds on all games being played throughout the year.
Check the Condition of the Pitch and Creases
If you are betting on a match at home, you can easily check out the pitch conditions and even get an idea about how it may play. However, if you have placed your bet online, you can also check out videos of previous matches played at similar venues to know what to expect. The pitch’s condition can affect how a match is played, so it’s important to keep this in mind while placing bets.
Follow Cricket Betting Experts’ Tips and their Predictions
Another thing that you should do when it comes to cricket betting is follow the experts’ predictions. Cricket experts include those who have been following the sport for years and know its ins and outs.
They can give accurate predictions about which team will win or lose based on their knowledge of the sport’s history and performance patterns. Study these experts’ predictions before placing your bets to understand better what might happen during a match or tournament.
Most Common Cricket Betting Mistakes
The world of Cricket betting is vast and varied, but there are some mistakes that many people make when they start to bet on the game. Here are some of the most common ones:
Lack of Familiarity with the Sport
The first thing you must remember when betting on cricket is that it’s not like other sports. Many people think they can place a bet on their favorite team, and they’ll win, but this isn’t always the case.
Unlike other sports like football or basketball, which have set rules and strategies that don’t change much over time, cricket constantly evolves as teams try to outdo each other in terms of tactics and playing styles.
Punters need to understand how different teams play before placing their bets. Otherwise, they may lose money because they didn’t realize how well suited their chosen team was against another opponent in that match.
Ignoring Injuries and Term Form
When you bet on a team, it is very important to take into account their current form and any injuries that may affect them during the match. If one player is injured, this could affect his performance during the match and make it harder for him to score runs or defend against attacks from other teams.
Betting with Emotions
Cricket betting can be an emotional rollercoaster where you may lose money due to your emotions getting involved in the game. It is advisable not to place bets on teams with players you know personally or against people you do not like personally. This way, you can avoid making bad decisions based on emotions rather than logic and facts, which can lead to losses in your cricket betting account.
In conclusion, it’s important to remember that betting is as much about skill as luck. The best way to make money from cricket betting is by understanding the game and predicting where the game will go. You should also keep an eye on the weather conditions and other factors that might affect the outcome of a match. But most importantly, you need to know how much money you can afford to lose before placing your bet.
Read more: How to Pick the Right Cricket Helmets?