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Cricket betting markets explained, from T20 to Test

The format decides which markets exist and how risky a bet is. Learn the vocabulary first, then the settlement traps.

Cricket has more bet types than most sports, and the same word can mean different things depending on the format. A "winner" bet in a T20 is a two-way choice, while in a Test match a draw is a real third outcome. This guide walks through the formats, the markets you will see most often in Bangladesh, and the situations where a bet is settled in a way people do not expect.

Three formats, three kinds of bet

FormatLengthWhat it means for betting
T2020 overs for each side, about three hours of playFast, high-scoring, prices move quickly. BPL and IPL are played in this format.
ODI50 overs for each sideMore time for a comeback, so early wickets matter less than in a T20.
TestUp to five days, two innings eachA draw is possible, so the result market has three outcomes, and three-way markets often carry a larger margin.

The markets you will meet most often

  • Match winner. Pick the team that wins. In T20 and ODI this is normally two-way. In a Test it is three-way: home, away or draw.
  • Top batter or top bowler. The player who scores the most runs, or takes the most wickets, for a team or in the whole match. The rules on players who do not bat or bowl differ between markets.
  • Team total or match total. You bet over or under a number of runs. Lines usually end in .5, such as 165.5, so there is no tie on the number.
  • Player runs or wickets. A line for one player, for example over or under 28.5 runs.
  • Tournament winner. A long-term bet where the stake is tied up for weeks, so budget for it separately.

When the game does not finish normally

Most surprises happen after the first ball, not before it. Rain can shorten a limited-overs match, and the umpires may use the Duckworth-Lewis-Stern method (DLS) to reset the target. The idea is simple. Each side starts with two resources: the overs it will face and the wickets it has in hand. When overs are lost, the target is scaled to the resources each side actually received. Losing overs late in an innings costs more than losing them early, because late overs are the most productive.

What matters for your bet is how the market treats the official result. As a general pattern, a match-winner bet is often settled on the DLS result if one is declared, and often cancelled with the stake returned if the match is abandoned without one. Totals markets are stricter: many need the full overs to be bowled, and a bet can be void when a rain-shortened innings ends early. These are patterns, not promises. Every market has its own rule, and the rule that applies to you is the one shown for that market.

Ties are another trap. A tied limited-overs game may be decided by a super over, but whether your market follows the super over or treats the result as a tie depends on the wording. In a Test, a tie and a draw are different results, and a bet on the draw does not win if the match is tied.

A worked example in taka

You like the look of Team B to score above 165.5 runs and stake 400 BDT at 1.90. If the innings finishes at 171, the return is 400 × 1.90 = 760 BDT, a profit of 360 BDT. If it finishes at 158, you lose the 400 BDT. Now suppose rain stops play after 14 overs with the score on 112. Depending on the rules of that market, the bet could be void and the 400 BDT returned, or settled on the score at that point. The same match, the same stake, and two very different outcomes, which is why the rule text matters more than the price.

For a Test result, imagine prices of 2.20 for the home side, 3.20 for the draw and 3.60 for the away side. Their implied chances are 45.5%, 31.3% and 27.8%, a total of 104.5%. The extra 4.5 points are the margin you pay, explained in odds explained.

A short checklist before you place a cricket bet

  1. Check the format and the number of overs the market assumes.
  2. Read what happens if the match is shortened, abandoned or tied.
  3. For player bets, read whether the player must bat or bowl for the bet to stand.
  4. Decide your stake first, using the ideas in staking and budgets.
  5. Skip anyone who sells "sure" cricket predictions. No one can know the result of a ball that has not been bowled.

To see how a slip looks on the site, read how to bet, and see cricket and football betting for the overview.

Keep reading

You must be 18 or older. Gambling can be addictive, so set a budget before you play and only use money you can afford to lose. See Responsible gaming.
FAQ

Quick answers

What happens to my bet if rain stops the match?
It depends on the market and the rain. If an official result is declared, many match-winner bets follow it. If the match is abandoned, bets are often cancelled and the stake is returned, and totals bets often need a minimum number of overs. Read the rule shown on the market before you bet.
Is a tie the same as a draw?
No. A draw means the match ended without a result, which is possible in Tests. A tie means both sides finished level on runs. Markets treat the two differently.
Does my top batter bet win if the player does not bat?
Some markets keep the bet if the player was named in the starting team, and others void it. The market rules say which one applies.
Which format is easiest for a beginner?
Many people start with T20 because there are only two outcomes and the match is over in an evening. Easier to follow does not mean easier to win, and stakes should stay small.

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