Crickex helps you enjoy the game and Cricket betting with the best odds. We stand out from our competitors. Around 2.5 billion individuals watch cricket across the globe. Cricket betting has been growing with pace and is in the trend for all the cricket lovers out there.
You can not only enjoy the match, but also make the most out of it by having profits on your table.
Cricket originated in the United Kingdom during the 19th Century. There are two teams, each of 11 players who compete in the game.
The user guide below helps you take a closer look at it. The article below helps you understand what is cricket betting odds and the bookmakers keep their price. Why to be a step away, when you can do it all by yourself.
Cricket betting odds- A guide for beginners
Cricket betting is a kind of gambling and is one of the most popular sports betting on cricket, this can help you earn a lot of profit. No matter if you are a novice or a pro, we will help you come up with the best betting which will help you achieve the maximum profits.
In the test matches, the cricket often witnesses the patience of the spectators around. Due to different situations or conditions such as weather, roster shape, and other factors the betting odds can vary significantly sometimes. Want to learn how to bet on cricket successfully. We have numerous cricket tips which will help you to get a better position for making the best choices. Crickex helps you enjoy cricket, and are user-friendly.
Our guide will discuss how cricket betting odds works and how you can improve your chances of betting success.
How cricket betting odds work?
We have experts or traders who work hard to catch all the insights on cricket. It becomes highly essential that you have all the information related to the match, the team nad the pitch before you make any prediction regarding the match, A player who can take cricket odds on different tournaments. Lots of individuals have confusion when it comes to cricket betting odds. How do we define odds?
Let’s take an example:
In an Ashes Test at Lords, England is playing Australia. The bookmark has priced the win of England at 3/1.
What do these odds present?
Let’s use the calculation mentioned below to determine the probability of winning in England. The example below will help you understand the Crickex odds more properly.
1*(3+1)*100=25
In the fractional odds, we will divide one by the two numbers. Followed by this it is multiplied by 100. We can conclude from the above calculation that the chance of winning is around 25% for England.
Now let us consider the situation where the research work has been completed by your side and you come to know that Australia’s top two wickets have fallen.
But according to the recent form, you have also derived insights that in the last ten Test innings, England has made over 350 runs.
With all of the data you have, you can come to a conclusion that England has a higher chance of winning. The assumption made by the bookmaker turns out to be false. This can be better termed as that you have got your value bet.
Value bet is defined as the wager where the chances of winning are much greater than what the bookmaker has to offer.
IPL Odds
We offer odds that are of most value. Odds that can ever let you down. We analyze the performance of the team in the various tournaments, the behaviour of the captain of the team and many other factors.
How to understand Crickex Cricket Betting Odds
In 3 different ways, Crickex cricket betting odds can be noted. Let’s know about them in depth.
American Odd
These are Cricket betting odds which are written in whole numbers and have an indication of plus or negative ahead of them.
For example, let us consider.
Team A: +120
Team B: -140
The plus sign in front of team A indicates that it is an underdog, and an amount of $100 is needed to have the profit of the amount shown above.
The negative sign indicates the opposite of it. The individual needs to bet $100.
Fractional Odds
This Fractional odds are used mostly in the UK.
For example:15/1
This will be considered as you bet $1 to win $1.50.
Decimal Odds
These are easier to read. For example: say the outcome is 60%. You would do it as:
100%(total)/50%(this outcome)=2.0
For example, the probability to win is around 65%. The math behind this would look like: 100/65=1.54.
For every unit you bet, there will be a profit of 1.54 units
How to calculate cricket betting odds
In any of the sports, the candidates must have the value of online betting. In simpler words, the bets which will fetch you the maximum profits. The formula mentioned below helps you calculate the value:
Value+(Decimal Odds* The Assessed Probability)-1.
For example, let us consider a test game going on between Australia and New Zealand. The Crickex Cricket Bangladesh offers 3.00 to get a win for Australia.
By doing the study and research we gain insights that Australia has only 40% of winning the match. The question here is, does 3.0 is of any value for the betting?
Value=(3.0*0.40)-1=1.20-1=0.20
For a bet to be considered worthy, the value must be above zero. In order to discover the best betting value, the player must have a good understanding of the game and how the betting odds are calculated. The player must be aware of the game taking place, the team, the shape of the team, and their performance in various tournaments.
Crickex Cricket Betting Markets
We offer you enough reasons to choose us, Crickex Cricket Betting Markets is available to help you 24*7. Cricket betting odds offer you various methods of payment making it convenient for you. The interface for the option of payment is user-friendly. Cricket is very much secure and trusted. The payment option offered here provides the players with an option to deposit and withdraw money through Bangladeshi payment operators. Live cricket satta rates are also given to the users.
Crickex Bangladesh offers customers different types of discounts. For all the sports lovers, who are very much into betting, you get a 100% welcome bonus as soon as you join us and deposit. In order to make a deposit, the player must sign in to their respective account and go to the section of deposit.
At Crickex Cricket we deny funding from any of the third parties. We believe in exchanging official works very quickly. The players also get the advantage of cancelling the withdrawal request by contacting customer care at any point of time. At live Crickex Cricket odds Bangladesh we accept payments from different operators such as Bkash, Nagad as well as Rocket.
