Betting On Cricket
Cricket has been around for hundreds of years, and people have probably been betting on the outcome of its matches since day one. It’s a sport played around the globe, but its popularity in Australia is near unmatched when compared with the rest of the world. Most Australians know how the game is played and have a favourite team, but betting on any sport can make it more exciting. Also, the more you know about a sport, the better your chances of being successful betting on it. Here are the ins and outs of betting on this national sport.
How the Betting Works
Each game will have a favourite and an underdog team. The favourite is labelled with a number with a minus (-) symbol, and the underdog team is labelled with a plus (+) symbol. The numbers represent how much you stand to win with a $100 bet, but don’t worry about doing any math. When you’re betting online, you can simply type in an amount before you even place a bet and see what the payout will be. For example, if the match is Australia against England, and Australia is the favourite with -190 and you placed a $10 bet, you would win $5.26 if you’re right. If you bet on England with +250, that same bet, if England won, would pay out $25. You can also bet on the game ending in a tie, and this is always the highest payout. In this example match, a tie might be labelled a +600. A $10 bet on the tie would pay out $60 if there’s a tie.
All sports have futures betting. This means that you can bet on an outcome that will be decided in the future, it’s as simple as that. It’s not for those who want to know whether or not they won quicker, it’s for the more patient sort, but the patience can really pay off. You won’t see any numbers with the minus (-) symbol. Instead, every team will have a number with a plus (+) symbol.
The favourite team will have the lowest payout, and the team with the least likelihood of winning will have the highest payout, but either way, the payouts can be pretty high. For example, if you were to bet on the T20 Big Bash, Perth Scorchers may be the favourite team at +450, while the Brisbane Heat may have the lowest likelihood of winning at +1000. If you were to bet on the favourite in this instance, a $100 bet would pay out $450, and a bet on Brisbane would pay out $1,000 with a $100 bet.
Most sports also have additional, specialty bets, and Cricket is no exception. Australian players who want a more in-depth experience will delight in being able to not only bet on the overall outcome of the game, but also smaller details of the game. For example, you can bet on who will win the toss, whether the total runs will be odd or even for the game as a whole or for a specific team, what the first ball outcome is, and several other specialty bets that can pay off hugely and be a lot of fun to try out. If you bet that the method of the first wicket is a run out, you could win $1,000 on a $100 bet instantly! Talk about a payday.
Where to Bet
We recommend reading our article about betting on sports in Australia in general, because we compare the difference between traditional sportsbooks and betting exchanges, before you decide on where to play. Once you’ve decided on which of the two you want to play in, we have hand picked the best online casinos to place bets on sports that are specifically crafted with the Australian bettor in mind, and they all allow you to bet on Cricket matches. All of our recommended online bookmakers offer the highest level of safety and security, allow players to deposit and withdraw with the most accessible methods, and most of them even allow you to play in Australian dollars. Check them out and go with the one that fits your preferences, but know that they’re all top of the line.