Odds

Cricket betting odds form the backbone of the whole betting exercise whereby it is the odds that determine your potential winnings. As a punter, it is imperative for you to understand their importance and use, so that you can make the right choices and enhance your chances of winning more.

Here, we will provide you with all the deets about the odds that will make you an informed punter. A deep insight into the odds will not only help you to analyze the game better but also make a wise choice while placing your bets. This simply means, to win the bet, you need to be perfect with your basics of odds.

Let’s have a look:

What are Cricket Odds?

You always come across few numbers presented in either fractional or decimal format while you are placing your bet. Those numbers are what are called as odds, for example Team A: 1.3 and Team B: 4.4 etc.

Cricket odds basically serve the dual purpose in your cricket betting journey. Firstly, they determine your potential winnings. As you place your bet with a sportsbook, these odds impact as to how much you will earn out of your wagered money. In layman’s term, the higher the odds, the more you will win relative to your wagered money.

Secondly, they are reflectors of how likely an event will happen. And in this case, the reverse rule comes into being whereby lower the odds, the more likely an outcome shall be.