Get to Know Betting Types to Be a Cricket Guru!

Have you read many cricket betting types articles full of nonsense but still don’t get it? The four simplest betting types: Predict the Winner, Predict OU & OE, Yes or No, Specific Options—become a cricket betting master in just 10 minutes!

Are there different phases in betting? There are pre-match and in-play betting. Are there different betting ways? There are traditional, exchange, and parlay. Continue reading to get more detailed explanations.

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Online Cricket Betting Types
Pre-match vs. Live Betting
How Cricket Odds Work

Online Cricket Betting Types

To make it easier to understand, we’ve organized the 4 main types of cricket bets and listed common betting markets. This will help you differentiate between various betting types.

Predict the Winner

When you place a bet and see teams as options, you can identify it as this type of bet. Common betting markets include:

Match Winner
Predict which team will win the entire match.

Outright Winner
Predict the team that will win the final championship for the entire season or tournament.

Toss Winner
Predict which team will win the coin toss.

Most Fours/Sixes
Predict which team will score the most boundaries (Fours or Sixes).

Highest Score in Over
Predict which team will score the highest runs in a single over.

Highest Opening Partnership
Predict which team will have the highest score for their opening partnership.

Betting Types - Predict the Winner — Predict the Winner

How to judge which team is more likely to win?

Apart from checking the past matches between the two teams, which is the most direct indicator, you can also determine it by the odds. Typically, lower odds indicate a higher probability of winning.

When is the Outright Winner settled?

Settlement usually occurs within 1 day after the end of the season.

Predict OU & OE

Over/Under: Predict whether a certain statistic in the match will be over or under a set number.
Odd/Even: Predict whether a certain statistic in the match will be odd or even.

These two betting types mainly focus on predicting various statistics in the match, such as scores or counts. Common betting markets include:

Innings Runs
Predict the total score of a team for the entire innings. Different formats of cricket matches allow each team one or two innings to bat.

Over Runs
Predict the score for a single over.

Session Runs
Predict the total score across multiple overs.

Highest Over Score
Predict the highest score in a single over.

Betting Types - Predict OU and OE for Innings Runs, Over Runs, Session Runs, and Highest Over Score — Predict OU and OE for Innings Runs, Over Runs, Session Runs, and Highest Over Score

First Delivery Runs
Predict how many runs will be scored from the first ball of a specific over.

Wickets
Predict the score when a specific wicket falls, or the number of times a team gets out in a particular way during the match.

Betting Types - Predict OU and OE for First Delivery Runs, Wickets — Predict OU and OE for First Delivery Runs, Wickets

Highest Individual Score
Predict the highest individual score in the match.

Sixes/Fours
Predict the number of boundaries (fours and sixes) scored in the match, which can apply to the entire match, a single team, or a specific player.

Betting Types - Predict OU and OE 3 for Highest Individual Score, Sixes/Fours — Predict OU and OE for Highest Individual Score, Sixes/Fours

Player Runs
Predict a specific player’s score.

Ducks
Predict the number of batsmen from both teams or a specific team who will be out without scoring any runs.

Extras
Predict the total extras scored by both teams or a specific team.

Wides
Predict the number of wide balls bowled by both teams or a specific team.

Betting Types - Predict OU and OE for Player Runs, Ducks, Extras, Wides — Predict OU and OE for Player Runs, Ducks, Extras, Wides

What is the average score per innings in different formats of cricket matches?

Test Match: 300-400

ODI: 250-300

T20: 150-180

T10: 100-150

Which Over/Under market is easiest to predict?

The Innings Runs and Over Runs markets are usually the most popular and easier to predict.

Because they involve total scores or runs per over, which are readily available and easy to analyze.

Does the venue affect betting predictions?

Yes, the home team usually has a greater advantage. Additionally, smaller venues tend to offer more scoring opportunities.

Yes or No

It can also be called a Fancy Bet, where you get to predict if a specific event will happen in a cricket match! Common markets are similar to Predict OU & OE, but the difference is that you choose between “Yes” or “No.”

Will there be a tie?
Predict whether a tie will occur. This is a relatively special bet, usually with only a “Yes” option, as ties are uncommon in cricket, which results in high odds.

Will there be a Boundary Sixes/Fours?
Predict whether a boundary (six or four) will occur in a specific over of the match.

A Fifty / Hundred Score
Predict whether any player will score 50 or 100 runs in the match.

Betting Types - Yes or No for a tie, a boundary, a fifty, a hundred — Yes or No for a tie, a boundary, a fifty, a hundred

Can there be a tie in a cricket match?

The odds for a tie are usually over 10, meaning there’s less than a 10% chance of a tie occurring. While ties have happened in cricket history, they are extremely rare.

Why are there markets for a half-century or century score?

It is because achieving a half-century or century is a significant milestone for a batsman in a match, which is why these two betting markets exist.

Specific Options

This betting type usually involves setting multiple options to predict specific events or player performances in a match. Common betting markets include:

Method of Dismissal
Predict the method of dismissal for a specific team, player, or number of dismissals in a match.

Player Performance
Predict which player will be the best performer in the match, or the highest run scorer, highest wicket taker, or a player who will score 50/100 runs, etc.

Most common methods of dismissal in cricket:

Caught: Accounts for about 40% of dismissals.

Bowled: Accounts for between 20% and 30% of dismissals.

Who decides the Player of the Match?

The Player of the Match is typically determined by the match’s officiating team. However, in some major tournaments, the media, commentary teams, and even fan voting can influence the final decision.

Many online articles group betting types, phases, and ways together, making it difficult for beginners to understand the differences between them. That’s why Vegas11 offers the most beginner-friendly explanation of cricket betting types, helping you clearly understand the different categories!

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Pre-match vs. Live Betting

In cricket betting, choosing the betting phase is the first step in placing a bet. It is divided into two phases: pre-match betting and live betting, which are the two largest categories in all betting types.

For example, if you want to predict which team will win a match, you can choose to place your bet either before the match or during the match.

Pre-Match Betting: Betting is placed before the match begins, with odds set based on factors such as team strength, player conditions, and other variables.

Live Betting (In-Play Betting): Real-time betting placed during the match, with odds constantly changing according to the progress of the match.

In-play Pre-match betting displayed on different betting platforms

When is the best time to place a live bet?

Live betting is often most suitable when key players are injured, a team concedes points, or there are player substitutions, as odds tend to fluctuate during these moments.

For example, when a team loses runs, the market may become less favorable, causing their odds to rise. If a bettor believes the team’s strength is still underestimated, they can take advantage of the higher odds to place a bet.

Can both pre-match and live bets be placed?

Of course! Pre-match betting usually offers similar odds for both teams, while live betting tends to have more significant odds variations (you can watch the match live to better assess the teams’ current situation and make a more informed prediction).

How Cricket Odds Work

After understanding the betting types, make sure you know how the odds work, as the returns for each betting way can differ. Incorrect bets may lead to unnecessary losses.

In Indian betting platforms, odds are primarily displayed in decimal format. Depending on the betting method, different calculation methods apply:

Traditional (Fixed)
The most common form of betting, where the odds are fixed at the time of placing the bet and remain unchanged.

e.g., the odds are 1.50, a bet of 100 will result in a win of 100 x 1.5 = 150 (including the stake)

Exchange (Back/Lay)
A betting way where you bet against other bettors instead of a traditional bookmaker. The main difference is that you can set your own odds.
- Back:
  Predicting that a specific outcome will occur, with odds calculated the same way as traditional betting.
- Lay:
  Predicting that a specific outcome will not occur. It’s important to note that the odds displayed are the ones you offer to other bettors.
  
  If you lose, you will need to pay the bettor the corresponding payout.
  
  e.g., the odds are 1.50 and you bet 100, you will earn 100 from the other bettor if you win. If you lose, you will pay the other bettor 100 x 1.5 = 150.

Parlay
This refers to a betting way where the odds of multiple bets are multiplied together to form a combined wager. You only pay one stake, and the payout is higher than that of separate bets.

e.g., the odds for both bets are 1.50 and 1.62, a bet of 100 will earn (1.50 x 1.62) x 100 = 243.

Why can’t a parlay bet be placed?

Different betting platforms have various restrictions. A parlay bet may not be placed due to factors like the sport type, bet type, number of selections, or maximum odds limits.

1. Check if the selected market allows parlays.

2. Verify that you haven’t exceeded the platform’s parlay selection limit.

3. Confirm that the odds of the bet haven’t reached the platform’s maximum limit.

How much does a Lay bet cost if it loses or wins?

Assuming a bet of 100 with odds of 1.80.

If you lose: You need to pay 100 x odds of 1.80 = 180. In addition to losing your stake, you’ll also need to pay an extra 80 as the opponent’s payout.

If you win: You will get back your stake and win the opponent’s 100 stake, so you’ll receive a total of 200.