Cricket Odds
Looking for cricket odds on all of the latest matches and tournaments? Well, look no further. This page features information on all of the latest daily and weekly match odds offered by some of the leading sports betting providers on the internet.
Not only that, but below you will also find some advice and tips on betting odds and how you can start taking steps towards cricket betting success today.
Jun 4, 2023
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Cricket Betting Odds
Few things are quite as essential in the world of sports betting than betting odds. These little pieces of information are a fundamental part of making a wager on the latest cricket matches or other events, as they are key to helping you decide the benefits of actually making the bet.
The value of any winnings you secure is dependent on not only the money you wager but the odds on offer, so here we have provided a few key pointers on what you need to understand in relation to cricket odds.
Cricket Odds Example: How do odds work?
How do odds work? It’s simple, really. Let’s look ahead to the T20 World Cup in Australia in 2020 and use an India against Bangladesh game as an example.
Odds for that match would be displayed as something like this: India to win 1.20, Bangladesh to win at 5.00 and the draw at 12.00. You can also choose to see odds in the fractional format too.
Decimal odds include the stake in the number you see quoted, while in fractional odds you need to add it yourself. For example, 1.20 = 1/5, 5.00 = 4/1, and 12.00 = 11/1.
To work out your winnings, you just multiply your stake by the odds. A a ₹2,000 bet on India at 1.20 would return ₹2,400 (2,000 x 1.2).
If you are using fractional odds, you would find your winning returns and then add your stake - so the sum for the same wager would be ₹2,000 x 1/5 = 400 + 2,000 = 2,400.
That's it - you now know how odds work!
Learn to Read the Odds
As we have highlighted, understanding cricket odds or odds related to other sports is not hugely complicated. However, the real skill lies in being able to quickly assess the range of odds on offer to make the right decisions when it comes to your betting.
The purpose of this page is to give you an idea of the best cricket odds available on a number of sites as we want you to be able to compare what is being offered by different brands. Why? So you can maximise any potential winnings by going with the best offer available.
Why the Odds Really Matter
Let’s look at this a little further to fully explain what we mean. If you were to stick with only making bets on a single site, you may enjoy plenty of success. However, what if other sites are actually offering higher cricket odds than your brand of choice?
Being able to assess odds from different sites gives you a clearer picture of the playing field and means you can hand-pick the best odds which will ultimately ensure you secure the highest winnings. Doing this could have a host of benefits, with a fundamental one being that your winnings will overall be higher. Put simply, checking odds from a range of different brands on a site like this just makes sense.
Shop for the Best Cricket Prices
It is a simple truth that when it comes to money, we all want a good deal. Whether you’re shopping for gifts or just to get some new clothes, it is understandable that you want your hard-earned rupees to go as far as possible – so why should it be any different with cricket betting?
Finding the best cricket rates is a lot like shopping around for the best deal. After all, you assess your options and ultimately make a decision on which would provide the biggest benefits in the long run. That is why you should not limit yourself to simply betting on one site, but instead look at odds across the board to make key decisions going forward.
Best Places for Cricket Betting Odds Online
Cricket’s reputation and popularity across the world mean it is a key part of the sports betting services offered by a host of sites. However, answering the key question as to which provider is the best for cricket odds is not so simple.
There are no hard and fast rules when it comes to cricket betting, and that means that no sites are specifically better than others. This is why it is important to keep your options open and look at the bet that you are considering from all possible angles – and that means having a clear understanding of the odds available and where you can get them.
FAQ Cricket Odds Online
Do I always get the highest possible odds at CricketPrediction.com?
Yes. The comparison table we have provided above features all of the best cricket odds from the world's most trusted sports betting websites.
What does odds value mean?
Also known in some circles as expected value or profit expectation, this is the idea of calculating whether a bet you make will have a positive or negative outcome and is regarded as a key part of betting strategy. You can use the concept to figure out if a bet is actually worth making or not. Another way to think about it is - am I getting bigger odds on an event than the possibility of that event happening is?
It is possible to beat the cricket odds long term?
Absolutely, but a vital aspect of doing that is to do your research and assess all of your options before diving in. A key part of this is to check all of the odds available and make sure you are getting the biggest odds available each time. Never take 7.00 if you can get 8.00, for example.
Do cricket odds change?
Yes, cricket odds fluctuate depending on how many people are taking those odds. If lots of people are backing the favourite, for example, then the bookmakers will shorten to the price to balance their liabilities. They will also extend the odds on the underdog to attract people to bet on them instead. Match prices are also tweaked right until until the fixture starts as team news, pitch conditions, and other information becomes clear.
How are odds compiled?
Sports betting providers will ultimately assess the probability of a specific outcome within a cricket match or other event based on a range of different factors, before then adjusting those basic odds to create a market that includes their 'margin'. You will see the odds went converted to percentages never equal 100%. They will always be a few points over. This is the bookmaker's margin or guaranteed profit, assuming bets are placed proportionally on their prices.
When are cricket odds released?
This can vary. For example, initial betting odds for a major upcoming tournament may be available months in advance, while those related to a specific match may only emerge in the week or days before it takes place. It ultimately depends on what you're looking to bet on.
