Cricket Exchange betting has been growing in popularity over the past few years, and now it’s just about one of the largest markets out there, with some estimates putting it at $6 billion per year.
However, many casual cricket fans don’t fully understand how to bet on the Cricket Exchange, which leaves them missing out on thousands of dollars in potential winnings yearly. If you want to learn more about cricket exchange betting and how to win at cricket exchange betting, keep reading to find out how!
Cricket exchange betting is the act of making a wager against someone else. For example, if you think India will beat Pakistan, you could place a wager against someone who believes that Pakistan will be victorious. If your bet is successful, then you would collect the amount that they have lost, and they would lose what you have put up.
This particular type of betting requires quite a bit of skill because it requires knowledge about two teams and statistics on how each team has played in previous games. With so many statistics available for cricket matches, even for ones in the past, this is one way to do your research before placing any bets.
Cricket is an immensely popular sport across the world and one that you can bet on. Generally, betting on cricket is done through either of two options: match betting or market betting. With match betting, the odds offered change as the game progresses and the result becomes clearer. Market betting provides a set price for the entire duration of a match, regardless of how it plays out.
While both types of cricket bets have their advantages, we are going to focus on market cricket bets since they offer better value. When it comes to deciding what kind of market you want to get involved in, there are really no wrong answers here as long as you find one that suits your fancy and has opportunities for profits. However, if you’re not sure where to start, try these popular markets:
First Six Overs - Bets are placed on which team will win the first six overs of a game
Points Margin - Bets are placed on which team will win by how many points (either +1 or -1)
Total Runs Scored - Bets are placed on whether the total number of runs scored by both teams combined will be over/under this number
Match Handicap - Bets are placed on whether team A will win with more than/less than X number of runs; this is also known as overs handicap, though it could also be called totals handicap depending on the parameters used.
Cricket exchange betting is a type of sports betting. Here are the different types of bets available in cricket exchange betting.
A match winner bet usually pays out if a particular team wins the game outright. This bet must be placed before the start of play and, whilst it might be tempting to use your favourite player as an example, you should also consider how confident you are that this will actually happen before you place any money on this option.
If they don't win straight off, they may be chasing victory and come unstuck, so unless you're 100% confident in their success, it's best not to risk any cash on them here.
In head-to-head betting, there are two sides or teams with opposing players. These teams face each other across two innings; whichever team has more runs scored by its players during those innings is declared the winner.
There are various options for head-to-head cricket exchanges, including who will win the first five overs (known as 'overs heads'), which side will score more sixes ('sixes heads'), or which side will have more wickets when both innings end ('wickets heads').
Under/over nine and a half overs betting gives the chance to predict whether less than or more than nine and a half overs will be bowled in the match. To work out over 9.5 over bowling predictions, we need to know how many balls are needed for 10 full matches - 10 x 20 = 200 balls per over; under 9.5 over means more than 200 balls per over, meaning it is less likely that less than 10 overs will be bowled.
Mistake #1 - Ignoring Form: Cricket betting can be one of the most confusing sports for newcomers. While it is impossible to predict who will win or lose a match before it starts, if you take into account some of the statistics and forms from the teams, you can make an educated guess as to what is going on in their heads.
For example, just because your team had a great start doesn't mean they'll win all matches. If they are constantly chasing targets, they may get exhausted as the tournament progresses and their wins will drop off.
Mistake #2 - Thinking It's Just About Match-Specific Info: There are two major types of cricket betting on offer - Match Specific and Series Specific. These have different bets available so you should familiarize yourself with both options before investing any money.
One type is Match Specific, which has pre-match bets (Betting Odds) available during the game itself. Live In-Play betting also offers these odds, not during play, but rather when there is a break in play between overs and deliveries.
Then there are pre-game bets that have various methods of scoring, such as wicket counts, batting first scores, time odds, etc., which all factor into how much you bet on a certain team winning the game itself.
Live In-Play betting offers many more ways to bet than pre-match bets. You can place a live wager on where the next delivery will be bowled (off/leg), whether it'll be a maiden over or the current strike rate per over. You could even make up your bet based on anything happening in that particular game!
Other tips for beginners include making sure you're aware of the tournaments being played out at any given time - different countries follow each other closely by watching how their opponents fare and adjusting accordingly. They also invest in local knowledge about players by following them closely.
Yes, you will need to have wagered your winnings five times before you are able to withdraw them from your account.
There is no limit on the amount that you may stake per bet with Cricket Exchange.
In general, no result can exceed 99 in test cricket. For T20s, the maximum possible scores are 169 for ten wickets in hand, 180 for nine wickets in hand and 191 for eight wickets in hand.
Test cricket matches can never end with a margin greater than 500 runs either way – i.e., 600 v 400 – because once one team reaches 500 points, it returns to zero again (starting from 0). T20s always go up to 300 points either way due to the short length of these games - i.e., 550 v 350.
Cricket exchange betting isn’t just like any other type of sports betting; there are some important differences that you should be aware of before you make your next wager. This guide to cricket exchange betting covered all the ins and outs of the sport, including in-depth explanations of how betting exchanges work and the basics of setting up and using an account with a cricket exchange site. Now you can place your first cricket exchange bet because you know enough to ensure it will be successful.