These days, cricket betting is quite popular among enthusiasts globally. It is a process wherein bettors predict distinct outcomes of a match, and place wagers accordingly.
If you are a cricket fan, you can add an extra layer of excitement and thrill by placing bets. However, you must know cricket betting basics and tips to make wise & informed betting decisions.
CBTF Tips is a reliable platform that provides the best cricket betting tips. With expertise and knowledge, you can place successful bets and win huge sums of money. Read the cricket betting beginner’s guide to bet like a pro.
The Best Cricket Betting Strategies You Must Know!
If you are a newbie, apart from learning cricket betting basics, you must choose a betting platform wisely, considering various factors in mind, such as privacy & security, terms & conditions, authenticity & verification, display quality, and more. Also, follow the best and most popular betting strategies to make profits with minimal risk.
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Flat Betting
In this bet, you place uniform-sized wagers, regardless of what you lose or win. In other words, irrespective of winning or losing the last bet, you place the same amount of money on the next bet. This strategy is also known as level betting or fixed betting.
It is a simplistic mathematical strategy to bet effectively. The idea behind the flat bet is to manage risk and maintain a uniform or steady betting pattern. It helps in avoiding large risks while helping you gain money.
If you are a newbie, you can try flat betting to potentially earn profits over time with minimal risk.
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Dogon Betting Strategy
It is quite popular among the beginners. The strategy is based on the principle of ‘playing catch-up’, i.e., the bettor doubles the rates at every step to balance out the losses in previous rounds. The bettor continues to double until the recovery is made.
It is essential for you to use the strategy wisely. Due to doubling up the stakes, and losing bets, you may face bankruptcy sooner. The strategy can be relied on perfectly if you have an infinite bank balance, which is certain to be untrue.
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Percentage of Bank
Among inexperienced bettors, the strategy is quite famous. It is based on a bankroll-focused system, enabling you to minimize losses by unpredictable cricket bets. In this strategy, you may start betting on a particular percentage of the whole deposit, as per your wish.
For instance: You have INR 2000 in your betting account, and your percentage of bank rate is 5%. So, your first bet is INR 100. At the odds of 2.00, if you win, you get a payout of 2100. In the next wager, you can again bet on 5% of your deposit i.e. 2100. You can bet on INR 105. The same goes for losses. If you lose your first bet, you may have INR 1900 in your account.
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The Kelly Criterion
The main purpose of the strategy is to maintain a balance between risk and reward while betting on cricket outcomes. You may minimize the risk and potentially earn huge sums of money.
The Kelly Criterion formula is (bp-q)/b = f, where b= cricket odds (in decimal); p= expected chances of winning, q= expected chance of losing; and f= percentage of bankroll you can stake on a wager.
Apart from learning cricket betting basics, you can both theoretically and practically learn the strategy to win successful bets.
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Ladder System
It is a straightforward cricket betting strategy, mainly used by bettors. You may place bets on the amount you won on the previous bet. In this strategy, you specify the exact number of bets in a cycle. Through the ladder system, you can check your losses easily, as you usually place wagers on selections with low odds.
The betting tip you must follow is to go for a 3 or 5 ladder, considering every new bet has a chance of losing it.
Bottom Line!
If you wish to start cricket betting, follow the beginner’s guide to the best strategies to maximize profits easily. Stay updated with the latest cricket news, such as upcoming matches, injuries of players, venues of the tournaments, and more so that you can place successful wagers in no time.
If you wish to follow reliable betting tips and tricks, follow CBTF Tips today.
