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What are cricket betting odds & how to increase chances of winning

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Last Updated on 3 months by Charbel Coorey

What are cricket betting odds & how to increase chances of winning | Learn the key tips and tricks about cricket betting and how to increase chances of wins

Cricket is a fairly complex sport that requires careful study of the cricket betting tips, rules and dynamics on the pitch. On the other hand, thanks to its difficulty this discipline allows you to choose between dozens of types of bets, based on the preferences of the bettor. Here we will present you how to read cricket betting odds and key tips to increase your chances of winning.

What are cricket betting odds?

One of the crucial elements to pay attention to when betting on any sport is the odds and sports predictions. Cricket betting odds shows the probability that a given event will occur. They are often in the form of numbers that appear next to the different cricket teams. Learning to understand cricket betting odds can help you make money on sports betting.

Odds remain different from one sportsbook to another as people have different opinions when it comes to what they think is likely to happen in a cricket match. When you start betting on cricket, you should know that the odds are never constant. They keep fluctuating based on different factors. Bookmakers apply complex mathematical formulas and add a margin to establish the most likely outcome when setting cricket betting odds. Each bookmaker has a specific default margin that it uses when setting betting odds for this sport.

What are cricket betting odds & how to increase chances of winning | Learn the key tips and tricks about cricket betting and how to increase chances of wins

If you are new to sports betting, cricket odds will seem difficult to understand, but this will improve as you continue to immerse yourself in this form of sports betting. Cricket betting odds are usually displayed in the following formats:

Decimal odds

This is one of the simpler formats used by most bookmakers. For example, in a cricket match between India and Australia, the decimal odds may appear as follows.

India 1.70

England: 2.80

It follows from these odds that the Indian team is considered to be the favourite. The favourite refers to the cricket team that is expected to win a match.

From these cricket odds, you can calculate the potential earnings for supporting either team. If, for example, you choose to bet $100 on England, you will make a profit of $280 if the team wins. The formula to calculate potential winnings in this format is to multiply the odds by your stake (2.80 x 100= 280).

Fractional Odds

In addition to decimal odds, betting sites also offers betting odds for cricket in the form of fractions. Let’s take the same example, but this time, we’ll show the odds as fractions.

India (1.5/1) against England (2.5/1).

If you see these odds, it means that for every dollar you bet on England, you will get a return of $2.5 if the team wins. For every dollar you bet on India, you will get a return of 1.5 if the team wins.

Tips on How to Bet on Cricket

When it comes to betting on cricket, one has several chances to win. The key is to discover how to access each opportunity and learn strategies to bet properly and make a profit. In this section, we will compile some of the most tried and tested cricket betting tips, tricks and techniques to bet effectively on cricket betting online.

Be aware of what betting is

We must be very clear about what we are facing, that is, that cricket betting is a form of gambling and therefore we have to internalize the possibility that our picks may be wrong.

Set a maximum amount to bet

If you have already tried it and it has convinced you, the next step is to invest in order to make a profit. But with your head. Set a maximum amount to bet and do not go over that limit. Don’t gamble what you can’t lose. A good rule of thumb is not to bet more than 5% of your bankroll on a single bet.

Study the stats and past results for each field

There are great online tools that allow you to see past trends in almost every field. Trends like pitch characteristics, run rate, total innings, and match winners can give you a pretty good idea of ​​where your money would be best placed. CricBlog’s match previews provide key information such as stats and pitch reports to help you make a decision.

Understand the concept of betting odds

Once you determine your budget, you should familiarise yourself with the concept of betting odds. Understanding these figures is crucial because they choose the probability of winning and how much profit can be made.

Keep track of your bets

Create a document to record all your bets, with the day, the teams or players, the amount bet and the result. This way you will be able to control if you are doing well or badly or what type of bets are best for you.

Understanding the impact weather has on gameplay

The weather makes a difference in the markets to play cricket games. On sunny days the advantage goes to the batsmen and works against the faster bowlers. However, the incessant sunlight will bake the field and cause it to crack, and this will favor spinners towards the end of the game.

Therefore you’ll need to keep a close eye on weather while betting on a cricket match.


By keeping these tips in mind, you increase your chances of success in betting. In this case, you will ensure that betting does not become a troublesome experience.

Charbel Coorey
Charbel Cooreyhttps://cricblog.net
Charbel is the owner & founder of cricblog.net, based in Sydney, Australia. He started the website to fulfill his love for the game of cricket. Charbel has been featured on other publications including OP India, Times of India, and The Roar, among others. He is also a keen fantasy sports player. Charbel has also had the privilege of interviewing cricketers on the CricBlog TV YouTube channel, including James Neesham, Rassie van der Dussen, Andrew Tye, Shreyas Gopal, Jaydev Unadkat and Saurabh Netravalkar: https://www.youtube.com/@cricblogtv For any story tips or questions, you can contact Charbel at charbelcoorey@cricblog.net.

Read the latest cricket stories and news on CricBlog and bet on your favorite cricket teams at 24betting India sportsbook. All new players get a welcome bonus on the first deposit.

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