Cricket Betting Guide: A Complete Guide to Online Betting
Online cricket betting has become quite popular, and this has much to do with the popularity of the sport. Cricket started in England, but India is the world’s largest market for the game. The Indian Premier League is, for instance, the biggest cricket league in the world and attracts thousands of bettors.
If you are interested in online cricket betting, but you don’t know where to start, this article will serve as a guide. You can expect to find the following:
- Choosing a betting site.
- Creating a betting account.
- Claiming a betting bonus.
- Available cricket odds.
Choosing a Betting Site
The first step towards online cricket betting is choosing a betting site. If you are gambling in India, you have several options to choose from. However, when it comes to choosing a betting site, there are several things that you must consider. First, choose an online bookmaker that allows you to use Indian Rupees. Being able to gamble in your local currency is a key to online gambling. Also, keep an eye open for the bonuses and promotions on offer for both new and existing players.
Doing this can be quite valuable if you take full advantage. You can walk away with huge amounts of cash from bonuses without spending much of your money. Additionally, it is vital that the site offers the best cricket betting options, including a selection of other games like tennis, football, and horse racing. Since this is your first time for betting online, all these aspects matter.
If you are wondering which are the best sites that offer cricket betting, here is our list of recommended bookmakers that offer their services to Indian players:
Creating a Betting Account
Once you have selected your online betting site, the next step is registering with them. To complete this step, you do the following:
- Fill in your personal information. Include your full name, surname, and date of birth as well as your country of residence.
- Next, you will be required to fill in your residence. Here, you will enter your house number or name and the postal code. Then proceed to enter your contact information, either an email address or phone.
- After that, you can then choose your personal preferences. This includes your preferred language, time zone, and odds display.
- The last and most important step is choosing a unique username and a complex password. This way, you will be safeguarding your online betting account.
Once you are through registering for an account, you need to proceed to choose your payment options and make a deposit to your player account. If you are from India, you have limited options available, but you can select one that best suits you. Most popular sites accept the following methods:
- Debit/credit cards
Claiming a Betting Bonus
The majority of betting sites and online casinos offer betting bonuses. Most of these bonuses are designed for new players and can be provided in the form of free bets, risk free bets or deposit bonuses.
When you sign up at an online casino, make sure that you check out the type of bonus they offer. Some sites will offer a no deposit bonus or a welcome bonus. Before you can grab any offer, make sure that you read through the site’s terms and conditions regarding the bonuses.
Often, bonuses come with wagering requirements that must be fulfilled before you can withdraw any winnings. You may be required to wager the bonus amount for a stated number of times before you can take out the cash. Make sure that you can meet the T&Cs before you try for the bonus.
Available Cricket Odds
Once you have created and funded your player account, navigate to a bet that you like. Once you click on that bet, you will be presented with a table of available odds.
Betting odds indicate how much chances of winning you have if the bet you place wins. For example, if India is playing England in a One Day International, India has odds of 1.57 to win the match. The betting odd represents the likelihood of an outcome taking place. In this example, India has odds of 1.57 to win the game. The odds reflect on the bookmaker’s assessment of the chances of India winning.
If you want to succeed in sports betting, understanding the probability represented in the betting odds is quite important. Most importantly, you need to know how to convert the odds into their implied possibilities.
To calculate the amount you can expect to win from given odds, you use this formula: Your Profit = (Stake * Odds) – Stake.
In our example above, for instance, if you placed a bet of $10, your profit would be:
Profit = ($10* 1.57) – $ 10
Profit = ($15.70)- $ 10
Profit = $ 5.7
When it comes to online cricket betting, there are a few things that you must know. Start by creating an account with the most reputable online bookmaker and then choose the best game. From there, ensure that you learn how the odds work and make the most suitable bet option.