Betting on cricket doesn’t just require a passion for the sport and an understanding of the basic rules of the game. It also requires the adoption of a specific set of cricket betting strategies that appeal to your experience, skills level, and your risk appetite. So before you sign up for a sportsbook account, make sure you have a cricket betting strategy in place. Consider a strategy as a road map on how to enjoy betting and make a decent profit from it. If you’re planning to register for an account and bet, check out this guide on how to bet like a pro using a set of tested tips.
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Identify a bankroll
Before you even place real money bets, make sure you identify first your bankroll. This refers to the amount of money that you’re going to use when betting on cricket matches. Now, the recommended bankroll differs from one punter to the other. When setting your cricket betting strategy, identify an amount that you can afford to lose. And once the limit has been hit, learn to log off your account.
Play multiple types of cricket bets
Just like other sports, cricket gambling offers you access to different types of bets. Of these bets, the most popular is the match-winner and the outright bets. In match-winner, you are simply betting on the team that you think will win the match for the day. The outright, on the other hand, is a bet on the team that will win the tournament. In short, the former is a short-term look at a cricket match-up and the latter, a long-term view of the competition. Although these bets are easy to play, it’s recommended that you know the different types of bets offered by a cricket bookie operator.
Other bets that you can consider are over/under, toss coin winner, and other prop bets. You can also rely on a specific cricket betting strategy like putting your money on an underdog to win the match in the Indian Premier League (IPL). This can be risky for first-time punters but it offers great payouts depending on the published odds of the sportsbook.
Learn to read the odds
If you’re building a tested cricket betting strategy, you should have a solid understanding of how cricket betting odds work. In cricket gambling, the betting odds represent the likelihood that an event or outcome is happening. For example, in IPL betting online, it tells you which team is favored or the underdog.
In cricket betting sites, the cricket match odds are displayed in three formats - the decimal odds, represented as 1.65, the fractional, as 5/2, and the Moneyline odds, like -120. Of these formats, the most popular format that’s used in online cricket betting is in decimal and it’s the easiest way to interpret. For example, if your IPL bookie advertises your cricket team with odds of 1.65, it means that the team has a 60.6% percent probability of winning the match (1/odds). Knowing how to read the odds should be part of your overall cricket betting strategy.
Read and don’t forget to research
All successful punters research and study the market before they participate in online sports betting. And this should be part of your plans if your building your cricket betting strategy. When it comes to research, it starts with understanding the different teams in participation, the players, and their skills level. Knowing the head-to-head match-ups can also help in making an informed bet in cricket. Also, learning a few things about their recent form and health can help you identify which team is favored and the underdog.
Also, research as part of the cricket betting strategy requires knowing the field and regularly checking the weather. Some teams and cricket players play best (or poorly) in certain fields, and the weather can have an impact on the performance or the overall result of the cricket match. Often, a long spell of rain will affect the performance of bowlers, particularly spinners who will struggle in gripping the ball.
🤔 Is there are a perfect cricket betting strategy that can guarantee a winning bet every time?
No. There’s no sure bet in cricket betting since there are several factors that are beyond your control. For example, the weather and player’s skills and momentum can go against you. Since there’s no perfect cricket betting strategy, you should follow a few tested tips.
❓ What is the perfect strategy for beginning punters: to play pre-match or enjoy the challenge of live cricket betting?
For beginners, it’s best to start with pre-match betting. Here, the odds are on display and you can make your bet before the start of the match. Live cricket betting, on the other hand, works best for experienced punters who have access to complete match information. Here, momentum and odds change in real-time.
🏏 As a new punter, where can I get tips and suggestions on how to build my cricket betting strategy?
As mentioned in this brief cricket betting guide, you should read first about odds and the different types of bets. You can also check out our other betting resources on cricket.