What is Cricket Betting?

Cricket betting refers to the act of predicting the results of a cricket match and placing a wager on the outcome. With over 2.5 billion participants worldwide, cricket is the second most popular sports in the world, bringing plenty of opportunities to bet on it. You can check out here for a detailed guide into cricket betting.

Cricket bets are placed through a bookie/sportsbook who is authorised and legalised to make bets on behalf of individuals. The sportsbooks are able to keep their operations running through the punters who have lost their money placing bets. 

Cricket Formats

At an international level, cricket is played in three formats; Test Matches, One-Day Internationals and T20 Internationals. All matches are regulated by the International Cricket Council (ICC). Test matches are a series of 5-day matches. These five days are called a test and it is considered as the most complete form of cricket. The winner of the coin toss gets to bat first.

One-Day Internationals is a form of cricket played between two international teams, in which each team faces a fixed number of overs, usually fifty although 40 and 60 are also used. Also known as Limited International Overs, they are the one-day equivalent of Test Matches, contested between nations. The matches last for about eight hours.

T20 Internationals are a relatively new form of cricket, having been introduced in 2003. It is a short form of cricket, lasting about 80 minutes per innings, with thirty minute intervals in between innings. This format has enjoyed high popularity in Australia, India, and South Africa mainly because of its franchise model. Like football or basketball, high net worth individuals can own these cricket teams and run them as a business.

Tips and Strategies in Cricket Betting

Strategy is at the forefront of every seasoned punter placing his bets. It is particularly important in cricket since the game offers three formats in which it is played. This variety of options to make money highlight the need for a detailed course of action. The following are a few tips to be considered:

1. Multiply Your Chances Through In-Play Betting

Also known as live betting, In-play betting offers the opportunity for punters to place bets in real time as the match is happening. Unlike pre-match betting where odds are pre-determined, in-game bets are dependent on how the teams are performing and how the match is proceeding. 

2. Research on Top Player and Team Statistics

When using this strategy, the punter is guided by the top batter, best player, or top bowler during a particular series. Take into consideration the players that might have the highest impact on the final match score. Also take note of the team’s form. Losing the first match of the series or a home game could indicate poor future performance as getting back the winning mojo will be difficult.

3. Analyse the Pitch and Predicted Weather Conditions

Weather conditions will inform the punter’s favourite choice. For example, bad weather severely affects the visiting bowler’s performance. A cricket pitch without grass will place favour on the batter. A damp pitch will have batters anticipating a lesser bounce with sudden loss of pace, as well as skidding

4. Over/Under Score

This betting strategy entails calculating the total number of runs/wickets for the tournaments and events. The punter then predicts that the total runs will be over or under the amount indicated by the sportsbooks.  

Conclusion

Betting has always been a risky endeavour and there are numerous instances where lack of strategy has spelled doom for many. The research that has gone into formulating these strategies above removes the inherent risk in cricket betting. Track the performance of each strategy and use them in scenarios that promise the best outcomes. Check out these tips to incorporate into your strategy.