How betting is done in cricket?
Indian markets worth millions of
rupees for cricket betting. As about 90% of the cricket fans all over the world
are based in India and that’s why there is so much craze for cricket in India.
Indian cricket fans not only like to watch and enjoy cricket matches but also like to make money through it by betting on upcoming matches. So, to clear all the confusion among cricket fans, we have made a detailed list of cricket betting tips and cricket predictions. As the modern world has changed the way of betting like olden days we used to bet through a bookie.
We are hopeful that after going
through this article you will get a clear picture about how betting is done in
cricket?
Different types of cricket
betting
There are various forms of
cricket like T20, Tests, ODI and Indian fans like to bet on all those forms.
So, you have to check out certain points before placing bets like match
conditions, ground conditions, pitch conditions, weather forecast, injury, and
team news. You have to stay updated about the cricket-related news.
Some most popular forms of
betting are:
Man of the match
Series winner
Score in 1st innings
Number of sixes and fours
Toss winner
Runs scored by an individual
player
Runs scored in partnership
Top bowler
Wickets.
Methods of dismissal
This is the most important thing
to consider while betting in cricket.
This is the way a batsman will
get out like caught (the batsman can get dismissed by being caught from behind,
from fielder or caught and bowled), stumped (if the batsman steps out if the
crease and opponent player hit the stumps with a bowl then he is out), run out
(if the fielder hits the wicket while the batsman is running between the
wickets he is out), hit wicket (if the player hits the wicket with any of
playing equipment or body parts then he is considered out).
There are numbers of online
betting sites and apps available you can use to place your bets like Betway,
1xbet, 10cric, dream 11, and MPL. You need to create an account on any of these
platforms and set your payment methods and now you are all set to place the
bets and win huge amounts of money.
Betting odds
Before going to place your 1st bet you need to know about betting odds and how it works.
Betting odds are chances of
occurrence of the outcome. It gives you an idea about the outcome of your
wager. Let’s take an example to understand in a simplified way.
Csk is playing against Rcb in a
T20 match
Then the chance of ask winning
can be calculated by the formula
Probability =1/ decimal odds
So in this case the decimal odd
of csk we say 2.3 then the chance of csk winning would be 1/ 2.3= 43.47%
This betting odd also allows you
to know the ROI of your bet if you win by the formula
Profit = [your bet * odds] – your
bet.
Let’s understand this by taking
another example if you have bet 1000 rupees on csk winning then your profit
would be [1000 * 2.3] – 1000 = 1300 rupees.
Conclusion
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