Cricket has been the most popular sport across the world. India has the biggest fan following in this particular sport. With this number of followers, this game also has many betters betting on its unpredictable outcomes. The cricket odds are the most important part of this betting. The cricket odds are the ones on which the whole betting is dependent on.
So it’s very important to know about the odds and their role in this sport before taking any action.In this article, you will get a beginner’s guide to take you through some important points to keep in mind as a fresher while betting.
What are the odds in cricket?
First you need to understand what these odds are and how to use them in the game of betting. The cricket odds are the possibilities of the happenings in the match before it’s going to happen, it can be related to the team winning or to any player’s scores or playing time. The odds are set on the higher number. The bet has a format for example, ‘two to one’ and ‘three to two’ means if you bet Rs. 100, you will get Rs.200 back after your winning and if it’s ‘three to two’ on your Rs.100 your return will be Rs.150 along with your original bet. Two to one means the probability of the team winning is two in three chances in the entire match.
There are three types of odds in the cricket field: Fractional, Decimal, and American. There is not any difference between them and they can convert into one another. These names are just some alternate ways to represent them in cricket.
A Way to Understand the Odds
Decimal odds are the most common one and very easy to understand. All the bookmakers, (the ones who own this business) have their business online and offline on both platforms to reach out to a wide range of people. That is why the odds term that they use to conduct this online is the Decimal one. The higher the number, the higher the possibility is.
In simple words, if the bookmakers put 0.50 online then it is a 50% chance that the playing team will win. Or if you see 0.90 then it means that there is a 90% chance of the winning. However, do not always believe in the bookmaker’s written possibilities because they are doing a business and always want people to bet on their given numbers.
Can Cricket Betting Odds Change?
The odds in cricket can change anytime. The odds at the start are a lot different than the odds at the end of the match. This can happen because of many reasons.
Cricket odds can be affected by many factors and one of them is the performance of the team. If the performance of the team is going well, then the odds will be lower or if the team’s performance is very poor then the odds will become higher.
These odds can also change by the type of the game being played, if it’s a test match then the odds will be higher in this game but if it’s a twenty20 then the odds tend to go lower.
Another factor that affects the odds is the calculation done by the bookmaker, different bookmakers use different types of calculation to determine the odds. So, you have to keep these things in mind while placing a bet online.
Tips to Keep in Mind While Betting
As of now you have got an idea on what these odds are, so now you can start your betting while keeping these points in mind.
- Compare the different bookmaker’s odds to get the surety of your possibility.
- Pay attention to the odds which are already implied, this will get your chances high.
- Don’t be afraid if the team you bet on is being an underdog because sometimes the odds can change the whole game.
Conclusion
In the above mentioned information, you got to know about the cricket odds and how to bet on those odds. The whole cricket game is full of chances, when the match is going on you don’t know which team will turn the game upside down in just one shot. Betting is a game of luck.
