If you are an avid cricket fan, then you have probably thought about betting on it. It’s exciting to watch a cricket match, but it gets even more thrilling when you place a bet on the fixtures you’d like to watch. Here is our guide on how to go about it.
Related Reading: Best Cricket Betting Sites in India
Is cricket betting legal?
Most betting activities in India are illegal. But the law on online gambling is still a grey area. That said, you can bet on cricket online and it will not land you in any problems with the law.
Can you make money on cricket betting?
Making real money in cricket betting depends on your level of discipline and commitment. You need to research, stay updated, and bet regularly.
How you place your stakes will also determine how much money you make. Some players stake high on low-risk matches and make real money in various cricket leagues.
Choosing a betting site
With a myriad of betting sites available, it is crucial to choose a provider that works for you. This could be a site that offers in-play betting if that’s what you like to bet on. Bonuses and promotions may also improve your cricket betting experience.
Creating a betting account
After identifying the best betting platform, you need to create an account to get started. With most providers, this is a simple process that takes just a few minutes.
Choosing a deposit option
What follows is choosing a deposit option that works for you. This could be a bank transfer, credit/debit cards, or an e-wallet. In most cases, e-wallets are the most reliable.
Depositing funds into your account
With a safe and secure cash deposit method, funding your betting account should be super easy. You just need to log into your betting account, select your ideal deposit method listed on the site, and deposit your money. From there, you can wager on your favourite selections.
Main cricket events
The IPL
The Indian Premier League ranks among the most prestigious cricket tournaments. It brings together the most exceptional global cricketing talent as well as a legion of fans. The betting odds in these events are quite lucrative. If you bet carefully, you stand a chance to win big.
Twenty20 World Cup
Punters wait for most world cup sporting events with great anticipation. And besides the entertainment, bettors view the Twenty20 World Cup as an incredible betting opportunity. This is an action-packed cricket event with a lot of money for grabs. All you need to do is have an excellent betting strategy.
Cricket World Cup
Every sport has a main event that takes place every few years. In cricket, this event is the world cup. Several nations are featured in this tournament and punters have a lot to bet on. There is plenty of value in most cricket world cup fixtures. With a refined betting formula, you are likely to record some good wins.
The Ashes
The Ashes is a cricket event that commands a huge following in England and beyond. Bettors from all over the world like to wager on this series. It is usually a rivalry between two teams and one of the reasons why most gamblers love it is its promising odds.
Popular betting markets
Match betting
Match betting is the most common bet type. You only need to choose between a home team win, away team win or draw. If you get your choice right, you win.
Tournaments outright winner
In each tournament, there is a team that outshines all the others and emerges as the winner. In this bet type, punters need to pick the outright winner. If your prediction is right, your bet pays off at the end of the tournament.
Man of the match
Every cricket match has a player who puts in the performance. The man of the match bet is all about wagering on the player that will stand out throughout the match.
Tied match
Teams are prone to tie, especially in tough fixtures where the teams have almost the same strengths. Placing a tied bet is super easy, as you only need to choose yes or no.
Best cricket betting strategies
Take your time and research before betting. Betting without research is a recipe for failure. In cricket, players miss matches due to illness or injuries. Before any match starts, it is important that you research the players that will play. Also, you want to know the home team because some teams have a better winning record when playing from the home ground. The research will undoubtedly help you win more.
Know the tournament you are betting on
Every cricket enthusiast loves a particular tournament. You probably follow your favourite league closely, and you know when it begins and ends. Additionally, you have a clue about the team that’s likely to perform exemplary well. The problem with betting on a tournament that you don’t usually follow is that you know little about it.
Choose the right betting site
There are plenty of online cricket betting providers, but their services vary. While some are known for their orderly website, others are pretty congested. An ideal betting site should have favourable terms. A site that accepts INR will save you from the hassle of converting currency. If it offers mobile betting, you can place bets while on the go.
Take a look at the player statistics
Researching the players’ statistics may help you predict the outcome of a match more accurately. For instance, a team that has players with incredible statistics is likely to be triumphant in most fixtures. So, before you place a bet on any fixture, take a moment to go through the players’ figures and this will increase your chances of winning.
Find the best odds
When betting, you want to get the highest returns possible. For this reason, it’s prudent to always look for fixtures with the highest odds. Selecting cricket betting options with lucrative odds is likely to reward you handsomely whenever you get the predictions right.
As you can see, betting on cricket is not as difficult as most people think. You just need to choose the best site, familiarise yourself with popular cricket leagues, and start wagering. With a reasonable staking plan and a little bit of luck, you are likely to make some good money. Good luck!