Cricket is one of the second most popular sport in the world with over 2.5 billion fans across the globe. Also known as a “gentleman’s game” cricket fans are mostly found in Asia, Australia and the UK. However, as of late, it is beginning to resurge in popularity in other countries. Thus, here is our sports betting tutorial to learn How to Bet on Cricket the fast and easy way.
Before we begin, betting on cricket requires the bettor to know the basic rules of crickets. This is because knowing how to play helps gamblers decide which bet is more advantageous and profitable to them. Therefore, it is common sense before you bet on sports, to learn the rules of the sport you bet on.
Once you know the game it is just a matter of learning how to read betting odds and place wagers.
How to Bet on Cricket – Beginners Guide to Cricket Betting
Learning how to Read Cricket Betting Odds
The first step in learning how to bet on cricket is to learn how to read betting odds for cricket. In American odds, the favorite will typically have a negative (-) sign in front of their number. On the other hand, the underdog will generally have a positive (+) sign in front of the number.
If the bookmaker feels that both teams have the same odds of winning, the odds will be -110. This is because a sportsbook charges a commission for every wager, they take which is usually a `10% commission.
Example of Cricket Betting odds
England -200
Australia +170
In this example, England is the favorite team to win at -200 betting odds. This means that if you are betting $200 to win $100. If you bet on Australia at +170 odds, it means you risk $100 to win $170. Of course, you can wager as little or as much as you want depending on the limits of the bookmaker.
Most Common Type of Cricket Bets
Match Betting – This is the most common and simplest way to bet on cricket. For this type of wager, you simply bet on who will win the match or whether the game will be a tie. Furthermore, some sportsbooks offer odds on “double chance” which allows bettor to wager on a side to win or draw.
Betting on the Over/Under –This where gamblers predict whether the number of runs by both teams will be over or under a number. Also known as betting on the totals, the sportsbook determines the number of the final score of the game.
Other popular cricket wagers include proposition bets. These are wagers that do not have any direct connection with the final result of the game. Such wagers include betting on the total number of runs by either team or first team to score.
Now that you know the basics of betting on cricket, you need to find a good Korean online sportsbook. Finding a good sportsbook is essential as you want a sports betting website that covers most cricket leagues and tournaments.
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