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There are plenty of online betting sites to choose from. Above are the ones we strongly recommend for cricket betting online as they offer the best variety of bets and competitive odds.
How to bet on Cricket?
Betting on cricket is relatively simple. With a variety of straight forward to the more complex bet types, there is a bet type for everyone to enjoy responsibly.
The most popular cricket bets are:
- Match Betting
- Completed Match
- Tied Match
- Innings Runs
- Top Bowler
- Top Batsman
- Bowler Match Bets
- Batsman Match Bets
- Over/Under Score
- Win Toss
- Odd/Even Runs
- Man of The Match
- Most Sixes
For more information about the basics of cricket have a look at our beginner’s guide to cricket.
Latest Cricket News
Cricket Betting Odds
Below are a few pointers on cricket betting. Above all, you need to see if there is value in the bet you are about to place
Odds are based on 2 factors:
- The chance (probability) of the outcome (based on historical data).
- The margin
The first of which, probability, is easy to explain. Let’s use a cricket match between South Africa and England as an example.
South Africa – 50%
England – 30%
Draw – 20%
Total Probability – 100%
As you can see, there are 3 possible outcomes which are the odds the bookie will offer.
Then comes the margin the bookie adds, or profit. Bookies usually operate on a set margin. This could be by sport type, overall, as an operator or whatever they feel brings them the most profit.
Determining the Value of a Bet
As a punter you need to certainly look at the value of each bet. Therefore, after having done your research, you should calculate if there is any value for you in placing the bet.
But how do we calculate the bet value? It is a very simple calculation:
Value = (Decimal Odds x Your Assessed Probability) – 1
Let’s use an example where we are betting on South Africa to beat England. The bookie is offering us odds of 3.00 for South Africa to win. We feel that looking at South Africa’s current form and historical data there is a 60% chance South Africa could win this match.
However, are these odds of any value to us? Let’s see by calculating the value of above example:
Value = (3.00 x 0.60) – 1 = 0.8
Where the value is greater than 0, it is known as a ‘value bet’. So, given the odds of 3.00 and our assessed probability of 60%, there is 80% value in the odds on offer of 3.00 for South Africa to win the match.
As such, be sure to look at the value in the bets you want to place, but no matter how much you stand to make, always remember to set yourself a betting budget and don’t bet beyond your limit. Gamble responsibly.
Best Cricket Betting Leagues
Most top bookmakers offer bets on the top cricket leagues from around the world. From the ICC Cricket World Cup to the Indian Premier League (IPL) all the way down south to our very own Mzansi Super League and the Momentum One Day Cup.
Live Betting and In-Play
With the advancement in technology you are now able to place bets while a game is in-play. Examples of in-play cricket bets are, will the next ball be hit for a 4, 6 or will the batsmen be out?
Cricket Online Betting Sites that offer in-play bets usually also offer punters who have placed a bet, a live stream of the game, replays of key events as they happen or live commentating to support in-play bets.
