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Cricket Betting Strategy - How to bet on Cricket in 2024!

Publish Date:19/03/2020
Fact checked by: Jordan Noble

How to bet on Cricket?

As with most sports, betting on cricket will make it all the more exciting and enjoyable for you. Of course, it's nothing new to have a quick punt on your favourite cricket team before you settle down to watch them play, but there's another whole world of cricket betting out there for you to explore.

In this guide to cricket betting, we aim to show you the ropes and tell you how to place clever bets so that you can profit from your favourite sport. Along the way, we'll also tell you how to go about developing the best cricket betting strategy - the one that works for you.

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Key Takeaways

  • Learn about all of the different types of cricket bets
  • Use a reliable website for in-depth statistics
  • Start with small wagers whilst you're learning
  • Make the best use of bookie bonuses
  • Sign up to receive cricket tips and read cricket-related blogs

5 Tips for Mastering the Best Cricket Betting Strategy

Place multiple types of bets

If you've never wagered outside of the outright win market offered by every bookie, you don't know what you're missing. The side betting market for cricket is huge and you can take your pick from any number of alternative and exotic bet types. We'll go through some of those a little later in this guide. Another option is to use a matched betting strategy. Matched betting explained in basic terms means that you cover every bookie bet you place with a lay bet on a betting exchange. It can be a very effective strategy when used correctly, but it does require time and minute attention to detail to pull it off and make a profit.

However, if you don't want to go to the trouble of opening an account at a betting exchange and learning the the skills needed for a matched betting strategy, no problem. The more you understand about cricket and the extent of the cricket betting market, the easier it will become to spot opportunities to cover your wagers using in-play betting and ultimately develop your very own version of the best cricket betting strategy.

Do your homework

Cricket betting strategy

This is probably the most important tip we can give you, research the cricket teams and their players thoroughly, after all it's your money that you'll be betting on them. We give that same advice in our horse racing strategy guides, our golf strategy guides, in-depth research is absolutely vital for sports bettors. You'll find that fact emphasised in every guide on our website.

You need to know all about recent form, historical results, any team weaknesses, as well as any recurring instances where particular players slip up. These are all things that you can easily research online and the knowledge is certain to multiply the value of your best cricket betting strategy instantly.

Don’t disregard the value of cricket betting strategy blogs

We're not suggesting that you should take every cricket tip you see online and immediately use it to place a bet. Nor are we telling you to take on board everything that you read in cricket blog articles. However, there are very good reasons to investigate these sources of information.

Firstly, they'll give you a variety of different viewpoints and an overall feel for the game. Secondly, there's sentiment and we don't mean crying when your team loses, we are referring here to public sentiment. Public opinion is a great indicator of what your bookie's odds will look like. Lastly, there's always a chance that you will glean a snippet of information you can use to your advantage and will pay you back tenfold for all of that reading!

Discover the cricket betting markets

Most team sports have side betting markets that are unique to that sport. You'll see that the markets we cover in our football strategy guides are different to those available for cricket, but the principles remain the same. There are numerous cricket betting markets available to wager on and whilst it's tempting to dive straight in and start betting, it's much wiser to take your time and find the best odds and the most valuable offers.

Don’t go crazy with the numbers

As with most betting strategies, the best cricket betting strategy involves careful management of your bankroll. Many experienced punters stick to wagering no more than 5% of their total bankroll on one event and break it down further to 50% on a straight bet and 50% on a selection of side bets.

The benefits to this are threefold. Firstly, your bankroll will last longer. Secondly, you've increased your number of winning chances. Thirdly, but most importantly of all, you've had great fun betting and enjoyed your favourite sport alongside.

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Learn about cricket bets

There's lots of good reasons to make use of different types of bet. We've mentioned some of the benefits earlier in this guide, but the main reason is that the best cricket betting strategy makes use of every available betting option. We've detailed some bet types for you below, but we highly recommend keeping your eyes open for any others we might have missed out here.

Straight bets

Straight bets are made simply by predicting the outcome of an event and wagering on it.

  • Match bet - the outright winner of a single match
  • Tied Match bet - predicting a draw in a test match
  • Double Chance - win or draw
  • Series Winner - two teams over a series of matches
  • Outright Winner - winner of an entire test season, or a tournament

Team side bets

Side bets are also known as proposition or prop bets and might cover any potential team event during a match.

  • Win Toss - which team captain will win the toss
  • Toss Combination - which captain will win and will he choose to bat first
  • First Innings Score - number of runs in the first innings only
  • Match Score - total runs for the match
  • Over Under - more or less runs than the betting line
  • Sixes or Fours - which team will score the most sixes or the most fours
  • Run Outs - most team run outs

Player side bets

Side bets also cover individual player performances during a match.

  • Top Batsman - player who makes the most runs
  • Top Bowler - bowler who takes the most wickets
  • Batsmen Match - pick two players and predict which of them will make the most runs
  • Man of the Match - predict the most likely candidate
  • Century - will there be a century during the match, who will be the batsman

In play bets

There are hundreds of variations for in play cricket betting, these are some of the most popular.

  • Batsman Runs - made as a new batsman comes to the crease, market closes as first delivery is made
  • Runs Off Delivery - ball by ball opportunity, predict the number of runs off the next ball only
  • Method Of Dismissal - for the batter currently in the crease, select from run out, caught, LBW, stumped or bowled out

Other Strategies

We've mentioned a few strategies throughout this guide, but you'll find even more at Betting.co.uk. We highly recommend reading them because although they might not suit your betting style  right now, you might well use them in the future, or if you are considering betting on other sports.

As well as covering sport-specific topics such as the in-play tennis betting strategy, others are more general purpose, like our value betting guide, amongst others. Lastly, if you're still seeking the best sportsbook for cricket betting, we have numerous bookmaker reviews available on our website as well.

Conclusion

As with all forms of online betting, one of the most important components of the best cricket betting strategy is the preparation. Most of the time the deciding factor for your success will be how much you know about the team you’re betting on. Knowledge is power when it comes to betting. Finding the best websites for cricket betting or the best apps for cricket betting are also key factors, because you need a sportsbook that can offer you as much variety as possible.

Defining your version of the best cricket betting strategy might take some time, but ultimately you’re working towards a position where you’re savvy enough to put multiple bets on one match, and have a lot of fun doing it. One day you'll be able to look at your bankroll and smile, knowing that the effort you've put in has reaped rewards.

P.S. Before you go! Don't forget to look at our very latest guides covering bookies odds, greyhound bookies, Ecopayz betting sites, Skrill betting site reviews, as well as an article that will have lay betting explained to you in simple terms.

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