How to Bet on Cricket in India? Cricket brings joy to all Indians, and wealth as well. Mastering skills and strategies for betting on Cricket in India is needed if you want to earn extra money from your hobby. This article is written just for you, explaining how cricket betting odds work, and scooping on what the best Indian online sports betting bookmakers offer.
Table of Contents
How Cricket Betting Works?
How to bet on cricket in India?
Cricket betting involves predicting the outcomes and various aspects of cricket matches and tournaments. To start, you need to select a trustworthy online betting site with cricket markets, create an account, and deposit funds. Once you have set up your account, you can begin exploring the many betting options available.
It is critical to stay up-to-date with the latest cricket news to make informed betting decisions. Keeping yourself informed about the latest developments, team news, player injuries, and other relevant information can help you make better-informed choices when placing your bets.
How do Cricket Betting Odds Work?
How to Bet on Cricket? Cricket betting odds represent the bookmaker’s prediction of the likelihood of an outcome occurring. If the odds are shorter, it means that you will receive less money in case of a winning bet. The bookmaker is more confident about the outcome if the odds are shorter.
For instance, if India is assumed to be the favourite against Pakistan, the odds could be something like 2.0. To put this in fractional terms, decimal odds of 2.0 equate to 1/1 i.e. even money. If you wagered ₹100 on India at 2.0, you’d stand to win ₹200 (₹100 profit + ₹100 stake).
Let’s say India isn’t favoured as much. The odds, in this case, would be longer. Let’s say the odds are 4.0 (i.e. 3/1). The same ₹100 wager would return ₹400 in the event you win. So, what you can see here is that the odds tell you two things:
- How likely it is an outcome will occur (according to a bookmaker)
- How much you stand to win – you determine your return by multiplying your stake by the decimal odds e.g. ₹100 X 2.0 = 200
Now we can say that the higher the odds, the less likely the outcome is to occur. However, higher odds also mean greater returns.
What is Overround?
How to Bet on Cricket with Over-round?
Calculating the overround is a crucial step in assessing the quality of odds from any cricket betting site. An overround is the sum of all the odds for a particular outcome, and it’s designed to ensure that the operator remains profitable and financially stable in the long run.
The overround is calculated using the following formula:
Overround = 100% (which is the maximum probability of an event happening) – (implied probability or book%).
The implied probability of an outcome is derived by dividing 1 by the odds and then multiplying the result by 100.
For instance, if the odds on an event are 10.00, then the implied probability is 1/10 x 100 = 10%.
The value of odds is inversely proportional to the overround. In other words, the higher the overround, the lower the value of the odds. An overround of 0-3.5% indicates competitive odds, whereas a range of 3.5-5% is considered acceptable. Anywhere between 5-7% is generally considered low-value odds, and anything greater than 7% means that you should look for better options elsewhere.
To make things easier for you, we recommend using one of the many online overround and probability calculators available. Simply enter the odds (fraction, decimal) to calculate the value of the odds at a particular bookmaker.
How to Place a Cricket Bet
How to Bet on Cricket quickly? Cricket is not just a favourite sport for passion, it is also a way to earn extra income in India. If you want to make money from your favourite hobby, cricket betting is a good option. You can start betting on cricket online by following four simple steps.
- Firstly, choose a bookmaker that you want to use.
- Secondly, create a personal account on your preferred bookmaker’s platform.
- Thirdly, deposit funds into your personal account. Finally, place your cricket bets.
Let me explain each step in more detail below.
1. Choose a Cricket Betting Bookmaker
How to Bet on Cricket – Step 1:
It is not so surprising that there are hundreds of cricket betting sites in India as cricket is considered an Indian national sport. However, it might lead to user confusion when deciding what is the best cricket betting platform for real cash. This website has many good partners and we review each of them carefully before showing it to readers. You also might see several excellent sites listed in the next section. Before that, here are some tips to help you choose a suitable cricket betting site.
Secured payment: Payment using bank cards and transfers, UPI, with Indian local banks, are often the most secure and safe methods.
24/7 Customer service: It is hard to say what you might encounter errors during your gaming time at which time so the instant support at any time of the day is pretty significant.
Continuous promotion: It is better to join the biomarker that offers a welcome bonus for registering and the first deposit. It is believed to be a part of users winning.
- Mobile-friendly apps: Convenient is the key, the best betting site should have both websites and mobile versions where users can bet at anytime, anywhere.
2. Make a Deposit
How to Bet on Cricket – Step 2:
To place a bet on cricket or any other sport, you must first ensure that there is enough money in your account. To do so, select a deposit option like local bank transfer and initiate a transaction. Once you have some funds in your account, navigate to the sports betting section and click on “cricket:”. Each betting site has its payment partners and many Indian online bookmakers focus on cryptocurrencies.
Popular cash-based payment methods in India now:
- Google Pay
The cryptocurrencies for betting in India:
- USDT ERC20
- USDT TRC20
- Ripple XRP
- Dash Coin
3. Claim the Bonus
How to Bet on Cricket – Step 3:
Don’t forget to claim your bonus, as many online betting sites offer constant welcome bonuses, bonuses for first and second deposits, and cash rewards for referrals.
All cricket betting bonuses come with terms and conditions. It is important to read and understand these terms before accepting the offer to ensure that you know how the bonus works and what you need to do to hopefully profit from it.
4. Place Your Cricket Bet
How to Bet on Cricket – Step 4
If you want to place a bet on cricket, start by opening the “Sports” or “Cricket” section. From there, select the event and match that you are interested in. There are many cricket tournaments that take place every month. Different matches, teams, and tournaments, have different odds. In addition, pre-match and live stats are different so make sure you know how each work.
Once you have chosen a match, click on it to view all the available betting markets and odds. After that, simply make your bet, decide on the amount you want to bet, and confirm it. And that’s it! All you have to do now is wait for the match results. bet, and confirm it. And that’s it! All you have to do now is wait for the match results.
How to Bet on Cricket - 12 Main Types of Cricket Bets
How to Bet on Cricket in India?
Placing bets on cricket can be relatively easy, but knowing which wagers to make takes a bit more consideration. Before you start to assess the odds and whether or not they are potentially profitable, you need to know what each bet type refers to.
Cricket bets fall into two categories: pre-match bets that you make before a match starts and in-play bets that are made during a match. Cricket bets can be further categorized into single bets, accumulator/parlay bets, team bets, and player bets.
Handicap – These bets put one team/player at a disadvantage to create a more even contest. For example, let’s say India is regarded as better than Pakistan. A handicap bet could be something like India -20/Pakistan +20. In this situation, the bet assumes India is starting the game with -20 runs, while Pakistan is starting with +20 runs. Therefore, India will only be classed as the winner (based on this bet) if they win by more than 20 runs.
Innings Run – Instead of betting on the total number of runs in a cricket match, you can bet on the number of runs a team will score in a single innings. This is a popular way to bet on One Day International cricket tournaments because there’s often a lot of action in a single innings.
First Ball and First Over – The best online cricket betting sites can offer odds-on outcomes that are highly specific. Betting on what’s going to happen during the first ball or the first over is one example. For instance, you can bet on whether the bowler will take a wicket or whether runs will be scored. You can also bet on the outcome of the first over in terms of the number of runs to be scored or wickets to be taken.
Man of the Match – Placing bets on cricket players to be named man of the match is popular with fans of the sport. The man of the match is often the best all-round performer, so the key to making a pick in this cricket betting market is focusing on players who can perform well when batting and fielding.
Top Bowler – The top bowler in a cricket match is the player who takes the most wickets. This means you’re betting on the player you believe will eliminate the most batters.
Top Batsman – The top batter in a cricket match is the player who scores the most runs. This means you’re betting on the player you believe will score more points than everyone else.
Win Toss – Betting on the toss is a simple 50/50 bet because it will either be won by Team A or Team B. The odds on this bet are always going to be even-money (2.0).
Series Score – If the format sees two teams play multiple matches to determine a winner, such as the Ashes, you can bet on the series score. For example, if you use a recommended Indian online bookmaker to bet on the Ashes, you might pick England to win the series 3-2.
Outright Winner – Picking a team to win is known as an outright bet. This could be the winner of the toss, a match, or a tournament.
Over/Under – These bets require you to pick whether a result will finish above or below a set total. In cricket, over/under bets are popular ways to speculate on the total number of runs or wickets a team will take. For example, you can bet on the number of runs that India will score and whether the number of runs will be over or under that total.
Series Winner – If you don’t want to bet on the series score but like the idea of picking a team to win a cricket tournament, you can bet on the overall winner. This is basically an outright and it’s often called a futures bet because you’re picking the winner of a future contest.
How to Track Cricket Bets and Winnings?
It is easy to track odds, live scores and results in modern betting sites. They also notify you when you have won in the betting system. Again, it is about choosing all-in-one trusted bookmakers, which is the most important factor in How to Bet on Cricket in India.
How to Bet on Cricket - Popular Cricket Tournaments to Bet On
How to Bet on Cricket in India? Join the best cricket tournaments with high odds.
IPL (Indian Premier League)
The Indian Premier League (IPL) is a popular cricket tournament that takes place annually in India. It is famous for its electrifying atmosphere and star-studded teams, which have captivated cricket fans worldwide. The tournament follows a franchise-based format, where top players from around the world compete for their respective teams.
BBL (Big Bash League)
The Big Bash League (BBL) is a prominent and exhilarating cricket tournament and is Australia’s premier domestic Twenty20 (T20) competition, known for its explosive matches and dynamic teams.
T20, also known as Twenty20, is a vibrant and fast-paced cricket tournament format that has gained immense popularity around the world. T20 leagues, such as the Indian Premier League (IPL) and the Big Bash League (BBL), showcase teams competing in exciting matches lasting about three hours.
ODI, which stands for One Day International, is a famous format of cricket that brings together international teams for matches that are limited to 50 overs per side. ODI cricket offers a balanced combination of strategy, skill, and thrills, making it a favourite among cricket lovers.
Pakistan Super League
One of the most anticipated cricket events in Pakistan, the PSL offers high-quality cricket matches and a festive atmosphere. With its fame and popularity, the PSL also delivers plenty of online betting opportunities for cricket enthusiasts.
How to Bet on Cricket - Where to Bet to Earn Money
How to Bet on Cricket in India? The great cricket betting platforms present diverse betting markets, competitive odds, user-friendly interfaces, and confident payment options. Here are the top 10 cricket betting sites for you to choose from.
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How to Bet on Cricket - Cricket Betting Tips And Strategies
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In cricket, statistics are crucial. To improve your chances of winning, look at the pre-match stats for teams and players. The stats to focus on are recent results, batting averages, number of wickets taken, and overs/innings played.
To ensure that you make better picks, consider all possible outcomes before placing your bets. Familiarize yourself with various ways to wager money on cricket, including outrights, singles, in-play, and parlay bets. Make sure you understand each type of bet and make picks that suit your preferences.
When making your picks, keep in mind that cricket teams and players don’t exist in a vacuum. Head-to-head matches matter, and it’s essential to consider them before placing your bets. For example, a bowler might have strong career stats but may struggle against attacking batsmen. Therefore, it’s important to assess the head-to-head match-ups between teams and players before making your picks.
Lastly, it’s important to be conservative when placing bets. Don’t risk too much on a single wager. Each bet should be a small percentage of your bankroll’s total value. Remember, money is on the line, and it’s crucial to manage your bankroll wisely.
How to Bet on Cricket FAQs
It is easy to bet online in India through betting sites and mobile apps. These websites might have a license in a foreign country and accept Indian users with local currencies.
On paper, gambling apps are not illegal, especially games that are based on skills. Nagaland, Sikkim, and Kerela allow online gambling apps in their respective states however they are strictly regulated (only skill-based games are allowed) The apps must have licenses to operate in the said states.
Yes, it is a trusted app for Indians to play casino games, slot games, live casinos, and sports betting for real money. You can deposit and withdraw money through local bank transfers.
How to Bet on Cricket in India for Real Money
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