Cricket Betting in Sri Lanka: Everything You Need to Know
Cricket betting in Sri Lanka has been growing exponentially in recent years after its legalization in 2010. As the most popular sport in the South Asian island country, it’s also among the best sport to bet on. In this article, find everything you need to know about cricket betting, from the betting markets, and odds to the best leagues, teams, and players to bet on.
Before starting, it is essential to understand the cricket betting markets, also known as bet types. So, what are the available betting markets in Sri Lanka?
Well, there are so many betting types depending on the sportsbook. There are basic cricket betting markets and advanced options as well.
The basic markets include match betting, outright winner, series winner, tied match, top bowler, top batsman, and batsman contest. If you are well conversant with cricket, you can opt for the advanced betting options, including batsman runs, runs from next delivery, dismissal methods, live/in-play betting, handicap betting, etc.
Cricket Betting Odds
Another essential aspect that bettors need to be conversant with is the betting odds, and here, the emphasis is on the cricket odds formats and how they work.
The first odds format is decimal odds, otherwise known as European odds, and it represents the total amount a player wins for every $1 staked.
Second is Moneyline or American or US odds, and here, you need to take note of two terms; underdog, which has a + symbol, and favorite with a – symbol. Underdog American odds is a representation of the total amount won for every $100 staked. In contrast, favorite American odds is a representation of the total amount you need to bet to win $100.
The last odds format is Fractional, or UK odds, and this is a fractional representation of the money a player wins in comparison to the stake. The digit on the left is the amount you will win while that on the right is the amount you need to wager.
Best Cricket Sportsbooks in Sri Lanka
There are hundreds of bookies in Sri Lanka, so choosing the best one can be a challenge for beginners. So, what factors should inform your decision?
The first thing to consider is the reputation of the bookmaker. Go for a trusted bookmaker that is licensed and regulated by any of the renowned regulatory authorities. The next thing to consider is the markets and odds. A good cricket bookmaker has vast betting markets and the highest odds. Last, be on the lookout for a bookie with the best cricket betting bonus among other promotions.
Cricket Leagues, Teams, and Players to Bet On
Finally, it’s important to acquaint yourself with the Sri Lankan cricket environment, talk of the top leagues, teams, and the prolific players.
The best leagues to bet on are the professional leagues, including the first-class tournaments where teams battle it out for the SLC Tier A and B Premier Trophy, and the List A tournament (Premier Limited Overs Tournament and the Twenty20 Tournament). Besides the top-tier competitions, there are two other provincial leagues; Inter-Provincial Cricket and Super Four Provincial.
When it comes to the best teams, some of the dominant names include Badureliya Sports Club, Bloomfield Cricket and Athletic Club, Chilaw Marians Cricket Club, Galle Cricket Club, and Sinhalese Sports Club, just to mention a few. As for the top players, the biggest names in the game right now include Dinesh Chandimal, Wanindu Hasaranga, Lasith Abeyratne, Kavindu Kulasekara, and Akash Senaratne.
Folks, that’s the end of this guide to cricket betting in Sri Lanka. Now that you know a thing or two about cricket betting, it’s time to go ahead and try your luck. Don’t forget to check out predictions and what punters and experts are saying about the matches before placing your bet.