Best Betting Odds for Cricket 2021

Do you know your Jaffas from your Googlys? Your lollys from your red-inkers? If that makes any sense, it sounds like you’re ready to dive into the world of Cricket betting.

And we’re two steps ahead of you – here’s our complete guide to the very best betting odds on cricket – this £100 bet credits at Bet365 is a great start. To the uninitiated, cricket may seem to last forever, but that just means more time to get your wagers in – show them how it’s done.

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Most Important Reasons to Compare Best Cricket Odds

All punters, new and old need to understand the reasons for comparing odds. It is a very simple fact that the better the odds you get, the better your chances of winning. There’s something else too, putting cricket aside just for a minute, a bookie that has the best odds for golf will not necessarily have the best odds for snooker, or any other sport for that matter. You must compare.

If you wish to place a bet with a bookie online, the first thing you need to check is what odds they offer. If they do not provide good odds or higher odds, you will earn less when you win a bet. Why would you be interested in betting with a bookie where you gain a lesser amount?

That is the primary reason we urge our readers to use a good Cricket odds comparison tool like ours, so that you can easily see which site offers you the best betting odds for Cricket. You will not only save your valuable time but also, if you win your bet, you get more money.

Comparing the Cricket betting odds UK is needed by all punters and not only newbies. Professional punters learn eventually who offers the best bookie cricket odds, but they would not be aware of the new sportsbook and may miss out on them. Due to the fierce competition, new bookies also aim at giving higher odds. So, we suggest professional punters to also go through our cricket odds analysis tool to get the best bookie odds for cricket as well as some cricket betting tips you can put into practice.

Online vs Offline: Chasing the Best Odds for Cricket

If you live in the UK, you might have a handful of local bookies to go to and place a bet with easily. We agree that it would be a fun and easy task. But if you think again, what are you missing? We would say you are missing a lot. You probably live in an area in the UK where you can access two local bookies. You go to one of them and the cricket betting odds UK they offer on the upcoming Bangladesh cricket match is 8/13. You have already braved the traffic and spent money on transport to get to the bookies. You really don’t want to go to the other bookie. You settle down with 8/13. On the contrary, your friend logs in to our site. He opened up our cricket odds comparison tool and clicked on the Bangladeshi cricket match. Using our tool, he found that the online bookmaker X provides the best betting odds for cricket at 8/11 and because he already knows what the best apps for cricket betting are, he’s smiling!

He creates a bet slip immediately and let’s say he wins the bet. He earns more money than you on the same amount sitting right in his house. He did not travel; he did not face the traffic or harsh weather, and he probably got even more offers playing online. The world of online gambling is increasing in popularity for these very reasons. We recommend placing bets online with the best bookie odds for cricket. With our guides to the best bookmaker UK, the best android betting apps, and even the best greyhound betting sites available at the click of a mouse, there really is nothing to lose!

The History of Betting Odds in Cricket

Betting on cricket can be traced back to the 1600s while the terms of odds, such as the use of terms like eight to eleven to refer the risks, was founded back in the sixteenth century, even before the development of probability theory. Nowadays, however, you will find odds are provided by online bookmakers in three different formats, namely Decimal Odds, Fractional Odds and American Odds. Let us go through them for better understanding.

Decimal Odds Explained: Decimal Odds are the most used or common way bookmakers represent their odds in Europe. That is why it is sometimes also referred to as European Odds. It is simple to calculate the Decimal Odds as all you need is basic mathematical understanding. The formula used is your stake money multiplied with the odds, which is equal to your winnings.

Say you are backing the team Manchester United and its decimal odds to win are 1.82. If you place a bet worth £100 your potential return on your bet would be £182. Remember that this also includes your original stake of 100 pounds, which means you won the amount of £82. The formula looks like this: Your Bet x Decimal Odds = Your Potential Winnings

Fractional Odds: This is yet another way of expressing the odds. As the name suggests, they are displayed in a fractional form. Some people also refer to them as UK odds as they are widely used in the UK and Ireland. The numerator is the amount of your wager will yield, and the denominator is the amount bet. If you wager on Manchester United for 10/15. Here, for every £150 spent, your possible net profit is £100. Remember, you will also get the original amount you staked as well. So, in this example, you get £250 (150+100).

American Odds: American odds are furthermore classified as favourites and underdogs. As the name says, it is mainly used to cater to US players. American odds are also called money line odds.

Favourites come with a preceding – symbol. Like we know, -3 is higher than -6. Similarly, -200 has a better chance to win than -120 favourite. In other words, you ignore the minus sign, even then 200 is bigger than 120.

Underdogs come with a preceding + symbol. The higher the number means, the larger the underdog. Here, a +120 underdog has a better chance to win than a +200 underdog.

How Are Cricket Odds Being Calculated?

The way that each bookie creates their odds has changed drastically over time. Once dominated by the old Vegas oddsmaker, now it is under the hands of online sportsbook, algorithms and software. Odds are crafted to attract equal action on both sides of a betting line. In an ideal world, bookies receive equal betting volume on both sides of a wager (win or lose), they will take between 5 to 10 per cent on the juice. Mathematicians and statisticians have a leading role in determining odds today. It takes a lot of cost and resources to determine the right odds to mitigate the sportsbook risk. To save cost, some even copy other sportsbook odds; some outsource odds making and so on. If a sportsbook offers unusual bets, chances are they created the odds themselves. To stand out, sports bookies use marketing campaigns to attract more people.

How to find out the expected value with cricket odds comparison?

An expected value of a bet determines how much we can assume to gain from a bet. Thus, this is a very important calculation when comparing bookies’ odds. The formula is (chances of winning) x (Value won for each bet) – (Chances of losing) x (Value lost for each bet). If you know your above values, you simply need to put them in this formula to know your expected rewards.

How are best cricket odds calculated?

Bookmakers first create their betting lines based on the opinions of experts as to the outcome of any given event. But that’s not the end of the process, bookies will continue to adjust their betting lines in accordance with betting trends. The process is exactly the same whether it relates to tennis betting odds or cricket betting odds.

Cricket Odds Betting Strategies

Cricket is an interesting sport where you can bet on all the different match types happening around the globe. A match can last anywhere between three hours for a limited overs game and a maximum of five days if it’s a Test. So, depending on the different types of matches, you can apply different betting strategies. Cricket betting strategies are very different from tennis betting strategies or football betting strategies. Different cricket betting strategies work best for various people depending on the type of match you choose. Here we have explained two strategies for you:

Arbitrage betting

It is a betting system in which each player tries to gain some earnings or profit by placing a bet not only on one but more than one result of the same match. Punters who place these sorts of bets are known as arbers in the betting world. While traditionally arbitrage betting involved placing bets on multiple results offered by a single bookie, with online bookies, the strategy has evolved to placing bets on different results and different odds offered by more than 1 online bookie.

Matched betting

It is a form of betting strategy where you are usually required to create an account with two bookies where one of them offers some bonus bets. The bonus bet is used to cover one of the outcomes, and then you place a bet on the other outcome on the other site, as a result, either way you get the winnings from the bet.

Both matched betting and arbitrage betting work great when there are just two possible results of a particular match or event. Various sports are ideal for this type of betting strategy, but getting the best odds available is a must. Whether it’s cricket odds, basketball odds or baseball odds, the first thing you must do is make a comparison and only go with the best option.

As an immensely popular sporting activity around the world, there are numerous wagering markets available for cricket, including the following:

  • ICC Cricket World Cup
  • ICC Champions Trophy
  • ICC World Twenty20
  • One Day Internationals (ODIs)
  • County Championship events
  • Indian Premier League (IPL)
  • Caribbean Premier League or CPL
  • The Ashes events series between England and Australia
  • International Tests
  • Big Bash League
  • NatWest T20 Blast

Cricket Betting Options To Try Out – Best Cricket Betting Odds

Betting on cricket comes with plenty of different options. Here are the most common wager available on the best betting sites for cricket you’ll find online:

  • Match-winner: As the name suggests, you will be placing your money on the winner of the game. Of course, there is the draw and tie options too;
  • 1st Over Total runs: the bookie will set a line for the total runs during the first over. You have to foretell if the total runs will be more or less than that;
  • Top Batsman: if you think that a particular player will get the most runs in a certain period; you can place a bet on it;
  • Top Team Batsman: if you think that a particular player on one team will get the most runs of their innings; you can place a bet on it;
  • Method of dismissal: This cricket market lets you place your money on the first wicket. Pick between the different options and receive some solid odds;
  • Most Match Sixes: you can bet on which team will make more sixes during the match;
  • Man of the Match: You can bet on who will become the man of the match.

Did You Know? – Our Quick Cricket Facts

  • There have been a number of spot fixing and ball tampering events scandals in cricket history, with the South Africa scandal particularly memorable for players. The most famous recent example involved Cameron Bancroft of Australia in collusion with national captain Steve Smith and vice-captain David Warner using sandpaper to rough up the ball while they toured South Africa.
  • Twenty20 cricket which finishes the game in just twenty overs, gained quick popularity ever since it started in the year 2012. It was first introduced to resolve the problem of low attendance at events held in the UK in the late 1990s and early 2000s. But it turned out to be very popular and now we can see it as a full fledged sport with a huge number of matches happening every year at both the international as well as domestic level. All nations that play Test matches now even have their own domestic or local T20 competitions.

Odds Comparison FAQ

Q1: Is your odds comparison service free of charge?

Betting.co.uk offers a free service so you can easily compare the bookmakers and know who provides you with the best cricket odds in the industry. We’ll also show you the best online betting offers available.

Q2: Why should I not bet with my standard bookie?

Your standard bookie may not be giving you the best odds in the industry. It is always a good move to first compare odds and check the difference between your standard bookie odds and the best bookie odds. If the difference is not much, you can carry on with your bookie as we understand you have a comfort level. But if the difference is significant, it is worth trying a new bookie offering better odds or different events.

However, it’s worth taking a look at our blacklisted bookmaker online and blacklisted casinos online reviews to make sure you’re placing bets with a popular and trusted operator.

Q3: Are there differences between online vs offline odds?

Odds can differ between various sportsbooks, but bookies usually offer exactly the same Cricket betting odds UK on an individual match whether you’re playing online or offline. However, to encourage bettors into going online, certain sportsbooks have special offers that are exclusive to their website members. That’s why you can sometimes see better cricket betting odds UK online, usually as a part of some bonus offer.

Q4: Is it wise to sign up with two bookmakers?

Answer: Yes. It is always good to sign up with more than one bookmaker. This way you can get the best bookmaker cricket odds and also be able to place bets depending on which bookmaker offers you better odds. In other words, you take the best from both of the bookies you sign up with. No single bookmaker is ideal and offers everything a punter wants. You might even be able to find a better bonus offer from a new bookie – such as the Will Hill sign up offer or BetVictor sign up offers.

Q5: Why should I read the reviews online before signing up?

Online reviews give an idea of the best bookmaker cricket odds. The ratings tell you a lot more and help you decide if it is worth it to sign up for the bookmaker. You will also come to know if the site is a scam or fraud. You can rely on our honest and unbiased reviews of bookies to learn a lot about them and any of their sporting events. Before signing up, it’s also worth checking out our gambling sites PayPal and best bookmaker apps for free bets guides.

Conclusion – Final Thoughts on Our Cricket Odds Comparison

With our Cricket odds evaluation, you can easily make a decision on which bookmaker is the best for you because we find the best betting odds for cricket for you. Understanding the cricket betting odds UK options, betting markets, and your range of options for betting is important in order to develop your skills and increase your wins. Besides seeing the best cricket odds, it is also vital to see what are the types of cricket betting markets available, what are the types of the games given as well as the welcome bonus offered. Most online bookies offer great welcome bets which are very handy if you are new to online betting. It’s also worth checking out some betting guides before getting started to different tournaments and leagues – such as our guides to cricket betting and betting strategies for horse racing.

There are plenty of online betting sites in the market, that, in order to get ahead of the competition, the top bookies regularly update their betting odds and also their promotional offers. It might get confusing as to which operator you should try out, which is where Betting.co.uk comes to the rescue, with our expert operator comparisons and reviews – from the best greyhound betting sites right here to the cricket odds. With our cricket odds comparison, you can find the best bookmaker cricket odds, and enjoy your betting adventure, while increasing your chances of winning the bets you place.

We can also help you choose the betting providers with the best variety of payment options. Take a look at our online betting with Skrill and EcoPayz accepted betting sites reviews for a good insight.

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