Cricket Betting Odds, Fixtures and Rates

It’s important to shop around for the best cricket odds before placing your bet, otherwise you will be leaving money on the table every time. Profitable cricket betting is about more than just choosing the correct winner or top batsman, it’s about finding value for your bets.

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How to Bet

How to Read Cricket Odds

The odds feed above features outright odds, in other words, odds for a particular team winning the match.

Fractional Odds

This system is most popular in the UK. The odds are shown, of course, as a fraction where you break it down into units. For instance, for 7/4 odds, it would take a bet of 4 units to win a profit of 7 units for a total payout of 11 units.

Example: If you were to bet Rs. 400 on the Chennai Super Kings to win at 7/4 odds. You would receive a 700 profit plus your initial bet of 400 for a total payout of Rs. 1100.

Another way to view it is to convert the fraction to a decimal (7/4=1.75) this represent your profit multiple. So, again, if you bet Rs. 400 and CSK wins, you would receive a profit of (1.75 x 400) Rs. 700 + initial bet of Rs. 400 for a total payout of Rs. 1100. Therefore the formula is: fractional odds x bet = profit => profit + initial bet = total payout.

Decimal Odds

This is the default view for our odds feed and is most popular in Europe. This is only a personal preference, but we prefer its simplicity. To read decimal odds, you simply use the following formula: decimal odds x bet = total payout

Example: If India was showing odds of 2.75 to win again England, and you Bet Rs. 1000 on India, you would receive (2.75 x 1000) Rs. 2750 as a total payout if India won the match.  Therefore, your profit would be Rs. 1750.

American Odds

You will mostly find this format in the US and it uses a (+) and (-) system of notation. In the most simple terms, the (+) shows how much a bettor will profit per 100 units bet. Whereas, the (-) indicates how much one needs to bet to win 100 units.

Example: For the +175 shown above, if you place a bet on the Mumbai Indians at +175 for Rs. 100, you will profit Rs. 175, plus your initial bet of Rs. 100 for a total payout of Rs. 275.

If the odds were -175, you would need to bet Rs. 175 to profit Rs. 100 for a total payout of Rs. 275.

Again, it is completely a matter of personal preference what format you choose to view the odds, but for us, we prefer the simplicity of the decimal odds system. We find it easier to compare for value.

How to Take Advantage of Cricket Odds Shopping

The main advantage of using odds feeds is to compare the odds to find value on a bet you want to place. You may be really confident that a particular team will win a match, but you should get the most value possible for that bet. Odds value shopping is an absolute key to maximizing your profits and being a profitable cricket bettor. 

  1. Open accounts at several cricket betting sites. This will allow you to take advantage when you find a better value on odds at one particular betting site over another.
  2. Keep a small balance at each site. Odds can sometimes change in an instant, so you may not have time to transfer funds to take advantage of the value available. Keeping at least a small balance at each site will allow you to place bets at a moment’s notice.
  3. Use ewallets to move money. If you don’t have the bankroll to spread out among different sites, utilize the speed and efficiency of ewallets to move money between betting sites. Of course, it is not as fast as simply leaving a balance at each betting site, but it is the next best option. See our banking guide for more information on the advantages of ewallets and which ones we recommend for India.

IPL betting: Cricket Betting Rates

The Indian Premier League 2020 season is already underway. It means you should be checking out the IPL betting rates of a match, or multiple matches and analyze it properly. There is a total of 60 cricket matches that will be played in 2020 IPL over its due course and you must make the most of it by betting online.

Betting markets have come up with some tasty cricket betting odds and there will be a lot of betting options to choose from. You can even bet on the winner of the entire season. Simply put, the IPL betting rate is the odds of a match, or a prop wager.

Betway match odds for IPL 2020

Betway match odds for IPL 2020

If you are interested in online cricket betting, you can check out odds provided by BodogBetway and Bet365, three of the best IPL betting sites for cricket fans. For placing your IPL satta, you must check out the odds well before reaching to a conclusion.

ComeOn can also be an option for bettors. If you are thinking of placing IPL satta on ComeOn, you can use this cricket betting strategy guide as well. You can learn how to deposit and how to withdraw on ComeOn. You can also check the full review of ComeOn. 

For a full-fledged review on cricket betting apps, you can check this out.

Betting Options

There will be a lot of cricket matches where you could be betting on cricket. Based on your betting experience, you can avoid a lot of dangerous bets and can make use of the options that are provided by the betting markets.

Some of the IPL betting rates that you could run across in terms of prop bets are like who will win the toss, top team batsman, top team bowler, total runs in the match and many more. You can avoid a lot of dangerous bets like who will the toss as it is purely based on luck and you can certainly make use of the fantastic betting provided by the sportsbooks.

Best Cricket Betting Sites In India Based On Betting Experience

Based on our betting experience, we found Bet365 to be one of the best online betting apps in India. You must however check all the online betting app reviews done by us and choose the one that fits best in your case.

Indian Premier League is one of the most popular T20 tournaments which is being played right now and you must pick the platform which has the best betting experience and customer service to bet on cricket.

You can choose Bet365 or Betway as your IPL betting app.

Responsible Gambling

Online betting site take its commitment to responsible gaming very seriously. It has put in place a number of measures to ensure that its players are educated about the impact of compulsive gambling. It also advises players who are battling a gambling addiction to reach out to organizations. These can be Gamblers Anonymous or Responsible Gambling.

Major online betting sites have provided players with multiple options to curb their gambling activities, should they feel they are fighting gambling addiction. Some of these options include deposit limits, the protection of minors and self-exclusion lists with timeframes ranging from 1 week to 6 months.