CRICKET BETTING TIPS
Placing a bet on cricket can provide a great deal of profit-making opportunities. There is a range of tournaments available to bet on, comprising of both domestic and international competitions. No matter your choice of bookie, you should have the opportunity to bet on cricket markets throughout the year.
If you’re new to betting on cricket, I am here to help. When you first approach the game, it can be difficult to gauge which markets are most appropriate. Which cricket odds suit your betting style? I’ll discuss how you can assess cricket betting odds in this guide.
Even if you bet on cricket regularly, we still offer a variety of cricket betting tips for you to peruse. Learning new tips and tricks can put you in a better position to make good choices.
CRICKET BETTING ODDS EXPLAINED
Cricket odds might seem confusing at times, particularly those who are new to the betting scene. What do odds represent? How can you tell if odds offer value?
These are common questions with cricket bettors. However, there are ways in which we can work out the value of cricket betting odds ourselves. Doing so can help you choose bets that offer value.
HOW TO UNDERSTAND CRICKET BETTING ODDS
Cricket odds are a way of displaying the probability of a particular event occurring. To explain this thoroughly, we’ll use an example. India is playing Pakistan in the ICC World Cup. Your bookmaker has India to win priced at 3/1.
What chance do these odds represent? Well, it’s reasonably simple to work out. We can use the following calculation to determine the implied probability of the India victory.
1 / (3 + 1) X 100 = 25
We divide one by the two numbers in the fractional odds. We then multiply this number by 100. Our calculation shows that the bookmaker has given India a 25% chance of winning.
Now, let’s say you’ve done your research and you’ve discovered Pakistan’s top two wicket-takers are out. You’ve also studied recent form and found that India has made over 300 runs in each of their last ten ODI innings.
Through this information, you might conclude that India has a much higher chance of winning than what the bookmaker odds suggest. In other words, you’ve found a value bet.
What exactly is a value bet? In essence, a value bet is a wager where the chances of an event occurring are greater than what the bookmakers think.
In our above example, we believe that the odds on India to win should be much shorter than what the bookmaker is offering.
Don’t be put off by the thought of needing to calculate probability. I recommend that you do, but there are betting sites that can do this for you.
HOW DO CRICKET BETTING ODDS WORK?
Let’s take our example a step further. We think we’ve found a value bet on the Win market for an India victory. So, if we’re correct, how much do we stand to win? For ease, we’ll say we place a ₹1000 bet on India to win. Before we go further, it’s important to point out that you should only spend what you can afford to lose.
So, ₹1,000 on odds of 3/1 are reasonably simple to work out. You stand to win ₹3,000, plus you’ll get your stake back. What if the odds are different? Odds of 11/4, for example, can be much more difficult to calculate.
The easiest way of doing this is to convert the fractional odds into decimal odds. We can do this by dividing the numbers in the fraction, then adding one, like so:
11 / 4 + 1 = 3.75
So, we have odds of 3.75. If we place ₹1000 on these odds, how much do we stand to win? We simply multiply our stake by the odds.
₹1000 X 3.75 = 3,750
If our bet is successful, we will receive ₹3,750 back from the bookmaker. This means we’ve made ₹2,750 profit.
Again, it’s important to reiterate that you don’t need to be a mathematician to bet wisely. When you enter your stake online, your potential returns will be displayed on your betting slip. However, it’s a good idea to get into the practice of calculating your odds.
MAIN CRICKET BETTING MARKETS
CRICKET BETTING TIPS TOO GOOD TO IGNORE
To give yourself a better chance of success when you bet on cricket, there are several strategies you can employ. I’ve listed our top cricket tips below.
Number one in our cricket betting tips list is, though, never spend more than you can afford to lose. It can be tempting to place a bet without putting much thought into it. This is particularly true of online betting.
Once you’ve deposited into your betting account, it’s easy to quickly run through this amount. Only deposit what you can afford to part with, and always think seriously about the bets you want to place.
Conditions can play a huge part in dictating a game. Another one of our cricket tips is to research the pitch conditions carefully. The pitch can have a massive impact on the result of a game.
Weather conditions are equally as important. Dry, sunny conditions typically work in the batting team’s favour. A dry pitch means little movement in the ball, which can lead to plenty of runs scored. It also makes it much more difficult to take wickets.
In contrast, overcast conditions are conducive to bowling. Seam bowlers find it easier to get swing and movement off the pitch. This makes it difficult for batters to judge the line of the ball as it approaches.
How old is the pitch? This particularly applies to Four Day and Test cricket. A Day 4 or 5 pitch can be difficult to bat on, with much more in it for the bowlers. At the toss, team captains pay attention to this too. Generally, captains will choose to bat first, if conditions are favourable, so the opposition will most likely be batting on the final day.
An older pitch is also favourable for spin bowling. Good spinners can find much more turn and bounce on a well-worn pitch, rather than on a new wicket.
Look At Player Statistics
Another way of increasing your chances of picking the right bet is to study player statistics. For example, it’s a good idea to look at average runs scored and strike rate. Has a particular player achieved a good record playing on English pitches? Do other players suit subcontinent conditions?
Similarly, you can find player stats focusing on how well that player has done against seam bowlers and spin bowlers. If you want to bet on a batsman to score a 50, for instance, have they struggled against spin in recent games? Does the opposition possess an excellent spinner? Or, if a player is expected to face a barrage of seam bowling, it’s a good idea to check out their previous record against the pacers.
It’s also important to check out a player’s recent form. If they’ve struggled for runs in recent games, their lack of time at the crease suggests they might struggle.
Cricket betting tips can help you in this aspect too. The best cricket betting tips will analyse previous statistics to come up with a prediction. Now, you don’t need to follow this prediction. However, reading the explanation can help you understand how seasoned punters approach their betting.
In-play cricket betting can be a fantastic way of betting on the sport. It’s important to follow the play as it happens to choose your live bets wisely.
There are several aspects you can consider when you bet in-play. Has a batsman come in who is renowned for scoring quickly? A bet on the number of runs scored in the next over might be worth considering.
Similarly, are wickets falling quickly? A couple of quick wickets with two new batsmen at the crease could spell danger for the batting side. Batters are at their most vulnerable when they first come out to bat. A bet on a wicket to be taken in the next over could also be a consideration.
Find The Best Odds
It sounds like an obvious thing to point out, but finding the best odds each time you bet is hugely important. It’s worth the time to compare odds available at several different bookmakers. Why? If we regularly take shorter odds than what’s available elsewhere, we miss out on profit.
MAIN CRICKET EVENTS TO BET ON
Cricket betting tips would be useless if there were no events to apply them on. Thankfully the cricketing calendar is jam packed with events. From major international tournaments to domestic leagues, fans of betting on cricket should be able to find a market. Let’s take a look at the most popular tournaments to consider when you bet on cricket.
The world-famous Ashes is a particular favourite for British bettors. The Ashes are played around every two years (though sometimes held slightly earlier or later). The rivalry between the two sides keeps viewers and bettors interested throughout the series.
The Ashes is arguably the most popular Test series to bet on worldwide. Bookmakers cater to fans of this prestigious event in many ways. Price boosts are extremely common, along with a range of Ashes-specific promotions.
The World Cup took the UK by storm in the summer of 2019, as England won their first-ever title. World Cup action can provide plenty of value, particularly if you look away from the favourites.
One market worth talking about here is the To Make The Final bet. There can be plenty of value to be found here. For example, New Zealand was not amongst the favourites to make the Final this year but they did just that. Should it have been a surprise? The New Zealanders also made the final four years earlier, and possess a pretty decent one day record.
So how can you make the most of World Cup betting? One focus should be to follow the results of each participant’s one day form in the lead up to the tournament. Consider which sides are in form, who possess quick run scorers and which teams possess consistent wicket-takers.
Twenty20 World Cup
It doesn’t make the headlines as much as its 50 over counterpart, but the Twenty20 World Cup is worth considering. In this format of the game, batters take many more risks at the crease. This can mean a huge number of runs scored in a short space of time. Or, plenty of wickets falling.
Betting accurately on a Twenty20 World Cup is a difficult task. One market worth considering here is the Method of Wicket. Batters need to score, and score quickly. Attempts at hitting sixes are more common in this form of the game. This also, though, increases the risk of getting caught.
The Indian Premier League is arguably the most famous Twenty20 domestic tournament in the world. The best cricketers from across the globe ply their trade in this league. Individual match markets and outright betting options are available at almost every cricket betting site for the IPL.