Cricket Betting Sites and Guide 2024

Overview of Cricket Betting Sites

Cricket betting sites offer a platform for fans to engage in wagering on various cricket matches and tournaments around the world. These websites generally provide a range of markets, including match outcomes, player performances, and long-term bets such as tournament winners or series results.

Key Features:

• Markets Offered: Users can bet on different aspects of the game.
• Live Betting: Allows bets to be placed on matches in real-time.
• Odds and Payouts: Competitive odds and various payout options are available.
• Security: Secure transactions and protection of personal information.
• Customer Support: Assistance for users to resolve queries or issues.

User Experience: They are designed to be user-friendly, often offering mobile compatibility for betting on the go. The best sites provide seamless navigation, easy deposit and withdrawal methods, and clear instructions for new users.

Regulation: Legitimate sites are licensed and regulated by recognized authorities. They promote responsible gambling practices and ensure fair play.

Bonuses and Promotions: Many sites attract users with signup bonuses, free bets, and promotional offers. These incentives can vary significantly from one site to another.

It’s important for users to research and choose a cricket betting site that is trustworthy and suits their betting preferences. Users must be aware of the legalities of online betting within their jurisdiction.

Understanding Cricket Betting Odds

When betting on cricket, it is crucial to comprehend the odds presented, as they indicate the probability of an event occurring and the potential return on a bet. The most common formats are Decimal, Fractional, and Moneyline/American odds.

Decimal Odds

Decimal odds are widely used globally and are straightforward to understand. They show the total amount one would receive for every $1 wagered, including the original stake. For example, if the decimal odds are 2.50 and a bettor wagers $100, the total return would be $250 ($100 x 2.50), which includes a $150 profit.

• Example of Decimal Odds Calculation:
  • Stake * Decimal Odds = Total Return
  • $100 * 2.50 = $250 Total Return

Fractional Odds

Fractional odds are commonly found in the UK and express the potential profit relative to the stake. They are written as fractions, like 3/1, which suggests that one could win $3 for every $1 staked, not including the original bet. To calculate the total return, one adds the stake to the profit.

• Conversion to Total Return:
  • (Stake * Fraction) + Stake = Total Return
  • ($100 * 3/1) + $100 = $400 Total Return

Moneyline/American Odds

Moneyline or American Odds can be positive or negative. Positive values indicate how much one would win on a $100 bet, whereas negative values show how much one needs to bet to win $100. Odds of +250 mean a $100 bet would result in a $250 profit, while odds of -250 mean one must bet $250 to win $100 in profit.

• Examples:
  • Positive Moneyline: Bet $100 to win $250 profit; Total Return = $350
  • Negative Moneyline: Bet $250 to win $100 profit; Total Return = $350

How to Choose the Best Cricket Betting Site

Choosing the best cricket betting site requires careful consideration of several critical factors. The site’s reputation, the variety of betting markets provided, the competitiveness of odds offered, the available banking options, mobile compatibility, and the quality of customer support all play an essential role in determining a top-tier betting experience.

Reputation and Licensing

A reputable cricket betting site should have a valid license from a recognized authority. Bettors should check for licensing information typically displayed at the site’s footer. This assures that the bookmaker operates legally and adheres to regulated standards of fair play and security.

Range of Betting Markets

The best sites provide a diverse range of betting markets, allowing bettors to wager on various outcomes within a match. This includes options like match winner, top batsman/bowler, total runs, and more. A wide assortment of markets caters to different betting preferences and strategies.

Competitive Odds

Odds determine the potential return on a bet. Sites need to offer competitive odds to ensure bettors are getting good value. Bettors can compare odds across multiple sites for the same events to determine which provides the best potential returns.

Banking Options

A site must offer multiple secure banking options, enabling users to deposit and withdraw funds with ease. Common methods include credit/debit cards, e-wallets, bank transfers, and even cryptocurrency. Each option should clearly list transaction times and any associated fees.

Mobile Compatibility

With the increasing popularity of mobile betting, a site must be optimized for mobile use. The best cricket betting sites provide either a mobile-responsive website or a dedicated app that is compatible across various devices, ensuring a seamless betting experience on the go.

Customer Support

Reliable customer support is crucial for addressing any issues bettors may face. Top cricket betting sites offer support through live chat, email, and telephone, with the addition of comprehensive FAQs. Support should be accessible 24/7, or at minimum during peak betting times.

Which Cricket Tournaments/leagues are Good to Bet on?

Here are some of Canada’s most famous cricket leagues and tournaments to bet on:

The CIBC National Cricket League

Once named the Scotiabank National T20 Championship, the CIBC National Cricket League is the first T20 cricket competition established by Canada Cricket. The league was first held in 2005 – played in Vancouver among teams from five different provinces of Canada. After this, it was once rekindled again in 2008 and played in Maple Leaf Cricket Club, Ontario – featuring teams from seven Canadian provinces.

In 2012, the CIBC National Cricket League was remodeled according to the Indian Premier League pattern and became Canada’s major domestic cricket tournament. Presently, the league features five franchise teams, each representing five regions of the country, just like the IPL. Today, several sportsbooks in Canada allow punters to bet on this league.

Global T20 Canada

This league is also known as the GT20 Canada. It was created in 2018 as a T20 franchise-based cricket tournament. While it is not yet one of the renowned cricket leagues globally, it has been a blooming event that promises to expand its scope in the coming years. The tournament was sanctioned by the ICC in 2018, and it already had two successful consecutive seasons in 2018 and 2019. Presently, there are six teams in the GT20 Canada, and the 2022 edition is expected to be held between June and July.

GT20 Canada seems to have again sparked the dying fire of cricket in Canada due to the massive number of enthusiasts it attracts and its extensive media coverage. You can bet on GT20 Canada on several sportsbooks today.

Popular Cricket Events for Betting

Cricket enthusiasts and bettors find a plethora of opportunities in major international and domestic tournaments. These events are not only popular for their competitive spirit but also for the betting potential they present.

ICC Cricket World Cup

The ICC Cricket World Cup is a flagship event in the international cricket calendar, typically held every four years. It sees participation from the top national teams around the world, making it a prime event for betting.

T20 World Cup

The T20 World Cup is known for its fast-paced matches and the unpredictable nature of the Twenty20 format. Bettors enjoy the frequent shifts in momentum, which can create exciting betting scenarios.

Indian Premier League (IPL)

India’s Indian Premier League (IPL) is one of the most lucrative and widely-followed T20 leagues globally. Bettors are drawn to its high-scoring matches and the star-studded line-ups.

The Ashes Series

The Ashes Series is an iconic Test cricket series between England and Australia. Held biennially, its rich history and competitive edge make it a focal point for cricket betting.

Big Bash League

Australia’s Big Bash League (BBL) is another major T20 domestic cricket league. It is popular among bettors due to its dynamic format and the inclusion of international cricket stars.

The Odds in Cricket Betting

How to Find the Best Odds

One major challenge punters face in online cricket betting is finding the best odds. Odds have two major functions – determining the amount you make from your wagers and reflecting how high your chances of winning are. For an outcome that has a high probability of happening, the odds are usually relatively small compared with outcomes that are less likely to happen. For instance, the odds for an underdog to beat a favorite team will usually be high and vice versa.

These odds are represented by American and British bookies using +/- integers or fractions, respectively. Decimal odds are used by European bookies and are the easiest to calculate. For instance, if you wager C$5 on an odd of 1.68, you must multiply both values – resulting in a payout of C$8.4.

According to studies, selecting the best odds in cricket betting can significantly increase your chance of winning. To get the best odds for your wagers, it is essential to compare what different bookmakers offer and select the one that best suits you.

Short-term and Long-term Bets

In online cricket betting, it is essential to know that you’re not limited to placing only short-term bets, that is, bets whose outcome will be known within a short period. One of the latest developments in the betting world is that you can wager on outcomes that will happen over a long period. This type of bet is also known as a futures bet. For instance, you can choose to bet on who will win the IPL before the league starts or when it is already underway.

Odds Range in Cricket Betting

Odds ranges in cricket betting mainly depend on the type of wagers placed. Odds are set by oddsmakers to strike a balance between punters and sportsbooks and ensure and ensure fair play. Stakes with low odds are often safer than those with high odds, as low odds mean that an outcome is more likely to occur. If an event has a higher probability of occurring, it is only fair that a bookie gives it a low payout.

Otherwise, most sportsbooks will go out of business. Big odds often mean an event is not very likely to occur, such as an underdog beating a favorite team in a match.

Popular Markets Available to Bet on in Cricket

Cricket is a widely accepted sport globally, and it is played in three different formats: Test cricket, One-day international, and T20 formats. Therefore, it can be only expected that a wide range of markets would be available to wager on. Here are the most popular markets available to bet on in cricket:

• Match Betting

This is the simplest form of cricket betting. It involves betting on either team involved in a match to win or the match to end in a draw. However, it is essential to keep in mind the format of the game you are betting on. For instance, draw options are not available in ODIs and T20s as they have limited overs.

• Tied Match Betting

This involves betting on a match to end in a tie; that is, both teams score the same number of runs after all innings have been exhausted for you to win. This is not very common, but it happens.

• Innings Runs

Innings runs bets involves betting or the exact number of runs to be scored in an inning or betting over/under a score set by the cricket betting sites.

• Series Winner

In a series, such as the Ashes, where several matches will be played to determine the winner, you can bet on who will win the series rather than betting on single matches.

• Prop Bets

Like in other sports, you can make proposition bets on a player or team in a cricket match. These bets involve predicting the top batsman, top bowler, man of the match, first innings score, most match sixes, etc.

Short-term betting in cricket

This is the most common type of cricket betting. It involves betting on an outcome that will be determined quickly. An example is betting on a test match, T20 or ODI and getting the results and payout the same day or week. The benefit of this kind of bet is that you get your payout quickly. Also, you can predict the outcome of a match using the current form of players and teams without the fear of any alteration in the long term.

Long-term betting in cricket

This is otherwise known as futures bet. It involves betting on an outcome that will take a long time to be determined, such as which team will win the IPL or which player will receive which award at the end of a tournament even before the league or tournament starts. This kind of cricket betting offers more thrill and entertainment and bigger cash rewards if won.

Live betting/In-Play betting in Cricket

The fast-evolving betting sector has made a lot of new exciting opportunities available. Today, a punter is not limited to placing only pre-match wagers. The live betting or in-play betting option in online cricket betting allows you to wager on a match already underway. This helps to place more informed bets as you can already see what form a match is taking before making your predictions.

Live betting covers a wide range of cricket betting markets and even offers unique ones – from match betting, tied match betting, innings runs to completed match betting and many other prop bets.

Betting Strategies and Tips

Before placing bets on cricket matches, it is important for bettors to have a strategy. Key factors include thorough match analysis, consistent risk management, and an understanding of how weather can impact gameplay outcomes.

Match Analysis

Match analysis is crucial in making informed betting decisions. Bettors should look at:

• Team Form: Consider recent performance of the teams involved.
• Head-to-Head Records: Analyze past encounters between the teams.
• Player Statistics: Focus on players’ form and match fitness.
• Venue History: Some teams perform better at certain venues.

Risk Management

Risk management is about preserving capital and ensuring long-term betting success. Essentials include:

• Setting a Budget: Only wager what one can afford to lose.
• Staking Plan: Use a consistent staking method, like a fixed percentage of the budget per bet.
• Diversifying Bets: Spread bets across different markets to mitigate losses.

Understanding the Weather Conditions

The weather significantly affects cricket, hence, understanding it is key:

• Pitch Conditions: Dry, sunny weather can lead to harder, more batting-friendly pitches.
• Swing Conditions: Overcast skies can assist swing bowlers.
• Match Interruptions: Rain can lead to delays and affect outcomes, with the Duckworth-Lewis-Stern method coming into play.

Bonuses and Promotions

Bonuses and promotions are vital in attracting and retaining bettors. Cricket betting sites offer various enticing deals to enhance the betting experience.

Welcome Offers

Welcome offers are designed to attract new users to a platform. They typically include deposit bonuses, where the site matches a certain percentage of the user’s initial deposit up to a specified limit. For example, a common offer might be a 100% match on the first deposit up to $200.

Free Bets

Free bets allow users to place a bet without risking their own money, essentially providing a chance to win for free. These can come with qualifying conditions, such as placing a bet on odds over a certain value, or as rewards for regular betting activity.

• Example of a Free Bet Promotion:
  • Bet $10 on any live cricket match, receive a $5 free bet.

Loyalty Programs

Loyalty programs reward users for their continued patronage. Points are usually accumulated with each bet, which can be exchanged for bonuses or prizes.

• Loyalty Program Tiers:
  • Silver: Basic level, provides access to common promotions.
  • Gold: Mid-level, includes enhanced odds and birthday bonuses.
  • Platinum: Top-tier, offers exclusive promotions and personal account management.

FAQs on Cricket Betting

Is cricket a good sport to bet on?

Cricket is undoubtedly one of the best sports to bet on. The sport spans various tournaments, leagues and formats for which multiple sportsbooks offer exciting odds and markets.

Is there any opportunity to make a good profit within cricket?

Cricket betting is full of endless opportunities as you can easily bet on a wide range of options and earn real money. While wagering on cricket, you can compare as many bookies as possible and choose the one that offers you the most profit.

How do I best get started in cricket betting?

Finding a licensed cricket betting site is the first step you should consider before wagering on cricket. Ensure you compare different sites and select the one that has the best odds and markets that suits you. Also, ensure you study the various leagues, tournaments and formats of the sport.

Is cricket a safe and fair market to bet on?

Cricket is a safe and fair market to bet on after finding a licensed and trustworthy sportsbook. The betting markets available are easy to understand, and you can easily find cricket betting sites that offer competitive odds.

Popular Stars in Cricket

Here are the most prominent stars in the world of cricket today:

Virat Kholi

Virat Kholi is an Indian cricketer and presently one of the most notable players in the world. He made his debut in 2008 in Royal Challengers Bangalore – a famous team in the IPL – and has remained there till date. Over the years, Virat has put up many outstanding performances in cricket and has made a significant impact in the IPL with several awards to his name.

David Warner

David Werner is an Australian professional cricket player who plays for the Australian national team. He was the captain and the left-handed batsman of the team. Werner is famous for his outstanding performances in the T20 World Cup and holds the record for the second-highest run-getter in the tournament. He has won awards like ICC Test Team of the Year, ICC ODI Team of the Year and ICC ODI Team of the Decade several times.

AB De Villiers

Also known as “Mr 360,” AB De Villiers is a professional cricketer who was the former Captain of the South African national team where he played as a wicket-keeper and a batsman. His career was filled with many outstanding performances for which he received several awards. Villiers has won the ICC ODI Player of the Year for three seasons.

Ellyse Perry

Ellyse Perry is a professional Australian cricketer who plays for the Australian international women’s team. She made her first debut in international cricket at 16 and has delivered outstanding performances. She has also won several awards, such as the Belinda Clark Awards and Rachael Heyhoe Flint Award multiple times.

The best Cricket National Teamsin the World

Although the best teams perform differently in the three formats of the sports, here is a list of the most prominent teams in the cricket world:

Indian Cricket Team

India undoubtedly has one of the best cricket teams globally and is known as the best in the T20 format. The ‘men in blue’ have a collection of top-rated and globally recognized players such as Virat Kohli and Rohit Sharma, who also play for one of the best teams in the IPL. The team has won the World Cup twice and has played in the tournament’s semi-final several times.

Australian Cricket Team

The Australian national team is one of the best teams in all cricket formats and the most successful in the ODIs. With many globally recognized talents such as Aaron Finch, Mitchell Starc and David Warner on the team, Australia remains one of the most formidable cricket teams to date. They have claimed the World Cup five times – the highest record held by any team in the tournament.

New Zealand National Cricket Team

Also known as the ‘team of blackcaps,’ the New Zealand cricket team is ranked second in the ODIs by the ICC. The team has notable cricket stars such as Trent Boult, Kane Williamson and Ross Taylor, who are known for their outstanding performances on the cricket pitch. The team was the runner up in the 2015 World Cup and the reigning Champions in the ODIs.

England National Cricket Team

The England national cricket team have appeared four times in the World Cup finals and have won the tournament once. They are one of the most formidable teams in the cricket world, filled with skilled and renowned batsmen such as Jos Butler and Jason Roy.