Let us say we have bettor A and B. Both are winners, and can pick winning bets at a great rate of lets say 65%. On average, bettor A receives odds of 1.90, while bettor B is doing some line shopping and receives on average betting rates of 2.00. Let's say they are looking to start IPL betting this year and will bet on 60 games during the season. On average, this would leave them both with about 39 winning bets and 21 losers.
Here is an example of two different punters X and Y to further highlight the importance of earning the highest possible cricket odds. Let’s say that both X and Y can select winning bets at a rate of 75%. Bettor X receives odds of 1.80 on an average. But bettor Y does some thorough research and lands a higher average betting rate of around 2.50.
What is Cricket betting Odds? Getting the best cricket betting odds is more than just half the battle. Few sportsbooks provide better betting rates than others on cricket, like Parimatch. It serves the professional market, offers up-to-date cricket odds on every match and tournament, and welcomes all bettors with open arms.
Melbet Cricket Betting Odds. Cricket is a team sport with a huge following. This is primarily due to the high popularity of cricket in India, where more than a billion people live, and thanks to Indian fans, according to some reports, cricket is the second most popular sport in the world after football.
If you bet 325 rupees on Australia to win, at the odds of 4.60, you would receive 1,495 rupees if Australia beats India – 325 * 4.60 = 1,495 rupees. 325 x 4.60 = 1,495. So all you have to do is multiply how much you wager on your event with the odds (rate) to find out how much you will get if your bet wins.
The Delhi-born has flattened 152 fours – 27th most by an Indian player, and 94 gigantic sixes. In the list of best batting strike-rate, Pant sits at the 4th place, with a career SR of 162.69. Among fellow Indian cricketers, Rishabh Pant’s strike rate is the highest, even higher than people like Rohit Sharma and Virat Kohli.
However, on average, Bob finds odds of 1.90, while Paul shops about a bit and finds odds of 2.00. Now, if they both make 1,000 bets each year, they will win 650 and lose 350 of them. If they are betting $100 on every match, their results at the end of the year would like: Bob: 650 x 0.90 + 350 x (-1) = 235 x $100 = $23,500.
For example, Chennai Super Kings might have odds of -300 to beat Sunrisers Hyderabad, who have an IPL cup rate of +200. The negative symbol means that Chennai is the favorite. So, you would have to wager INR 300 for a return of INR 100. On the other hand, Hyderabad is the underdog because of the positive sign.
Cricket betting online through sportsbook sites means free bets, regular access to cricket betting odds and much more. When registering with bookmakers like betway and bet365, you get more than a cricket match and a bet slip to add bets; online sportbooks have rewarding bonuses to encourage punters with their betting.