{"id":35772,"date":"2023-09-21T12:00:59","date_gmt":"2023-09-21T12:00:59","guid":{"rendered":"https:\/\/cricketexpert.net\/?page_id=35772"},"modified":"2023-11-02T11:05:16","modified_gmt":"2023-11-02T11:05:16","slug":"odds-in-cricket-betting","status":"publish","type":"page","link":"https:\/\/cricketexpert.net\/betting-academy\/how-to-bet-on-cricket\/odds-in-cricket-betting\/","title":{"rendered":"Odds in Cricket Betting"},"content":{"rendered":"<p><strong><a href=\"\/cricket-betting-sites\/\">Cricket betting<\/a><\/strong> rates, simply put, represent the probability of an event happening during a match. Bookmakers use a mix of data analysis, team\/player performance history, and expertise to arrive at these rates.<\/p>\n<p>Rates (or odds) can vary across different <strong><a href=\"\/betting-sites\/\">betting sites<\/a><\/strong> and may change leading up to and during the game. They are crucial for calculating potential returns on bets.<\/p>\n<p>In this article we will give you an in-depth explanation of cricket betting rates, with real life examples of the 3 most popular odds formats that are available.<\/p>\n<!-- TABLE ROW START -->\n        <div class=\"bwss-container-hp-bk-row\">   <div class=\"bwss-hp-bk-row-wrapper\">\n                <div class=\"bwss-bk-logo\">\n                <a href=\"\/go\/cricbabaregistration\/\" target=\"_blank\" rel=\"sponsored\"><img alt=\"Cricbaba\" title=\"Cricbaba\" data-src=\"\/wp-content\/themes\/generatepress\/assets\/images\/bookmakers-logo\/a2tBtJWHQ72MeUJkAavYUfB6FI2buHnx15zHA28q.svg\"><\/a> <!--Bookie Logo-->\n                <div class=\"bwss-stars-hp-table\">\n                    <img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/icons\/bws-full-star.svg\" class=\"bwss-table-stars\" alt=\"star\"><img 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Logos-->\t\t\t\t\t<img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/payment-logos\/jWLsC2NvMGPty5r3gj2cTVzqH05w3Du1KmG5msKx.svg\" class=\"bwss-payment-logos\" alt=\"Payment Methods\" title=\"Payment Methods\">\t\t\t\t\t<img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/payment-logos\/5vy74n7SWwFFx4xw0fiU0VfKO8Zcf5lTzb4ha9d9.svg\" class=\"bwss-payment-logos\" alt=\"Payment Methods\" title=\"Payment Methods\">\t\t\t\t\t<img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/payment-logos\/8JMMg3HAG9QWwhM85P89rKlZ6cBqAe6AWPPYmdAy.svg\" class=\"bwss-payment-logos\" alt=\"Payment Methods\" title=\"Payment Methods\">\t\t\t\t\t<img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/payment-logos\/VVdq6HNw93DwFCMeRYK34ISTpnrlk0Jdc5DuIw8g.svg\" class=\"bwss-payment-logos\" alt=\"Payment Methods\" title=\"Payment Methods\">\t\t\t\t\t<img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/payment-logos\/4oKAmtedpQihNzfM6n39KBbAanVkirLHHIh6QeV4.svg\" class=\"bwss-payment-logos\" alt=\"Payment Methods\" title=\"Payment Methods\">\t\t\t\t<div class=\"bwss-more-payment\">+1<\/div>\t\t\t\t<div class=\"bwss-extra-payment-box\"> <!--Extra Payment Methods Logos-->\t\t\t\t\t<img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/payment-logos\/UeGL6qusDco4KLvZzJN2A6v4YyMlvCl6m4dZEXIn.svg\" class=\"bwss-payment-logos\" alt=\"Payment Methods\" title=\"Payment Methods\"><\/div><\/div>\n                <\/div>\n                <div class=\"bwss-bk-affiliate\"><div class=\"bwss-bonus-value\"><\/div> <!--Bonus values--><a href=\"\/go\/cricbabaregistration\/\" target=\"_blank\" rel=\"sponsored\"><button class=\"bwss-button-claim-bonus-table-hp\">REGISTER NOW<\/button><\/a> <!--Go-link bookie-->\n                    <div class=\"bwss-review-link\"><a href=\"\/betting-sites\/cricbaba\/\">Cricbaba Review<\/a><\/div> <!--Payment Methods Logos-->\n                <\/div><\/div>\n        <\/div>\n        \n<h2>Decimal Odds<\/h2>\n<p>Decimal odds are the most commonly used odds notation and are mostly used in India and Europe.<\/p>\n<p>If you are new to betting, we recommend only looking at this section on Decimal odds, as they are by far the easiest odd type to understand. Decimal odds are most commonly used in India and are represented as a numerical value, greater than 1.00.<\/p>\n<p>Decimal odds tell you how much you stand to win for every unit staked. The higher the odds, the higher the payout if you win. On the other hand, higher odds also indicate a lower likelihood of an outcome to happen.<\/p>\n\n<p>Let's consider the following example:<\/p>\n<ul>\n<li><strong>Match<\/strong>: India vs New Zealand &#8211; T20 World Cup Semi-Final<\/li>\n<li><strong>Decimal Odds<\/strong>: India (1.90), New Zealand (2.75)<\/li>\n<\/ul>\n<p>In this high-stakes T20 World Cup Semi-Final, India is favoured with odds of 1.90, indicating a higher probability of winning the match. On the other hand, New Zealand is considered the underdog with odds of 2.75.<\/p>\n<p>Now, let's see how the potential winnings are calculated for a \u20b9500 bet:<\/p>\n<ul>\n<li>If you bet \u20b9500 on India and they win, you will get \u20b9950 in your account: \u20b9500 x 1.90 = \u20b9950 (\u20b9450 profit + \u20b9500 original bet).<\/li>\n<li>If you bet \u20b9500 on New Zealand and they win, you will get \u20b91375 in your account: \u20b9500 x 2.75 = \u20b91375 (\u20b9875 profit + \u20b9500 original bet).<\/li>\n<\/ul>\n<p>As you can see, the total return always includes your initial stake as well. Simply multiply the odds by your stake, and then subtract your initial stake to calculate your net profit.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-35774 aligncenter\" src=\"https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Decimal_2_1-1.jpg\" alt=\"Decimal odds explained\" width=\"870\" height=\"435\" title=\"\" srcset=\"https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Decimal_2_1-1.jpg 870w, https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Decimal_2_1-1-300x150.jpg 300w, https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Decimal_2_1-1-768x384.jpg 768w\" sizes=\"(max-width: 870px) 100vw, 870px\" \/><\/p>\n<h2>Fractional Odds<\/h2>\n<p>Fractional odds are popular in the UK and are represented in fractions. These odds show how much profit you can make on a bet relative to your stake and can be a little bit harder to understand for beginners.<\/p>\n<p><strong>Tip<\/strong>: most <strong><a href=\"\/\">online bookmakers<\/a><\/strong> allow you to change the format of the cricket betting rates on their platform. We recommend always using decimal odds, as they are the easiest to understand.<\/p>\n<!-- TABLE ROW START -->\n        <div class=\"bwss-container-hp-bk-row\">   <div class=\"bwss-hp-bk-row-wrapper\">\n                <div class=\"bwss-bk-logo\">\n                <a href=\"\/go\/1xbet\/\" target=\"_blank\" rel=\"sponsored\"><img alt=\"1xBet\" title=\"1xBet\" data-src=\"\/wp-content\/themes\/generatepress\/assets\/images\/bookmakers-logo\/oPxUqoTrmRepoNCUPDXc2FsZoarKzG2WQSYNcTsY.svg\"><\/a> <!--Bookie Logo-->\n                <div class=\"bwss-stars-hp-table\">\n                    <img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/icons\/bws-full-star.svg\" class=\"bwss-table-stars\" alt=\"star\"><img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/icons\/bws-full-star.svg\" class=\"bwss-table-stars\" alt=\"star\"><img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/icons\/bws-full-star.svg\" class=\"bwss-table-stars\" alt=\"star\"><img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/icons\/bws-full-star.svg\" class=\"bwss-table-stars\" alt=\"star\">\n                <\/div>\n                <\/div>\n                <div class=\"bwss-bk-pros\">\n                <div class=\"bwss-pros\">\n                    \t\t\t\t<div class=\"bwss-pro-container\">\t\t\t\t\t<img class=\"bwss-pro-symbol\" data-src=\"\/wp-content\/themes\/generatepress_child\/assets\/images\/bws-icon-pros.svg\" alt=\"\">\t\t\t\t\t<div class=\"bwss-pro\">Covers all major sports.<\/div><br> <!--Bookie Nexus Pro 0-->\t\t\t\t<\/div>\t\t\t\t<div class=\"bwss-pro-container\">\t\t\t\t\t<img class=\"bwss-pro-symbol\" data-src=\"\/wp-content\/themes\/generatepress_child\/assets\/images\/bws-icon-pros.svg\" alt=\"\">\t\t\t\t\t<div class=\"bwss-pro\">Quick & easy registration.<\/div><br> <!--Bookie Nexus Pro 1-->\t\t\t\t<\/div>\t\t\t\t<div class=\"bwss-pro-container\">\t\t\t\t\t<img class=\"bwss-pro-symbol\" data-src=\"\/wp-content\/themes\/generatepress_child\/assets\/images\/bws-icon-pros.svg\" alt=\"\">\t\t\t\t\t<div class=\"bwss-pro\">Offers all convenient payment methods.<\/div><br> <!--Bookie Nexus Pro 2-->\t\t\t\t<\/div>\n                <\/div>\n                <\/div>\n                <div class=\"bwss-pay-methods\">\n                <div class=\"bwss-payment-title\">Payment Methods<\/div>\n                <div class=\"bwss-payment-logos-wrapper\"> <!--Payment Methods Logos-->\t\t\t\t\t<img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/payment-logos\/jWLsC2NvMGPty5r3gj2cTVzqH05w3Du1KmG5msKx.svg\" class=\"bwss-payment-logos\" alt=\"Payment Methods\" title=\"Payment Methods\">\t\t\t\t\t<img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/payment-logos\/5vy74n7SWwFFx4xw0fiU0VfKO8Zcf5lTzb4ha9d9.svg\" class=\"bwss-payment-logos\" alt=\"Payment Methods\" title=\"Payment Methods\">\t\t\t\t\t<img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/payment-logos\/8JMMg3HAG9QWwhM85P89rKlZ6cBqAe6AWPPYmdAy.svg\" class=\"bwss-payment-logos\" alt=\"Payment Methods\" title=\"Payment Methods\">\t\t\t\t\t<img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/payment-logos\/VVdq6HNw93DwFCMeRYK34ISTpnrlk0Jdc5DuIw8g.svg\" class=\"bwss-payment-logos\" alt=\"Payment Methods\" title=\"Payment Methods\">\t\t\t\t\t<img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/payment-logos\/4oKAmtedpQihNzfM6n39KBbAanVkirLHHIh6QeV4.svg\" class=\"bwss-payment-logos\" alt=\"Payment Methods\" title=\"Payment Methods\"><\/div>\n                <\/div>\n                <div class=\"bwss-bk-affiliate\"><div class=\"bwss-bonus-value\"><\/div> <!--Bonus values--><a href=\"\/go\/1xbet\/\" target=\"_blank\" rel=\"sponsored\"><button class=\"bwss-button-claim-bonus-table-hp\">REGISTER NOW<\/button><\/a> <!--Go-link bookie-->\n                    <div class=\"bwss-review-link\"><a href=\"\/betting-sites\/1xbet\/\">1xBet Review<\/a><\/div> <!--Payment Methods Logos-->\n                <\/div><\/div>\n        <\/div>\n        \n<p>Let\u2019s have a look at an example of how fractional odds work.<\/p>\n<ul>\n<li><strong>Match<\/strong>: Australia vs. England &#8211; The Ashes Test Series<\/li>\n<li><strong>Fractional Odds<\/strong>: Australia (5\/2), England (6\/4)<\/li>\n<\/ul>\n<p>The Ashes rivalry between Australia and England is always intense. In this Test series, Australia has fractional odds of 5\/2, meaning for every \u20b92 bet, you would win \u20b95 in profit. On the other hand, England has fractional odds of 6\/4, implying that for every \u20b94 bet, you would win \u20b96 in profit.<\/p>\n<p>Let's consider a \u20b9300 bet for a better understanding:<\/p>\n<ul>\n<li>If you bet \u20b9300 on Australia and they win, you will receive \u20b91,050 in your account: \u20b9300 x 5\/2 = \u20b9750 (+ \u20b9300 original stake).<\/li>\n<li>If you bet \u20b9300 on England and they win, you will receive \u20b9750 in your account: \u20b9300 x 6\/4 = \u20b9450 (+ \u20b9300 original stake).<\/li>\n<\/ul>\n<p>The most notable difference between decimal and fractional odds is that the initial stake still has to be added to the winnings to calculate your total return.<\/p>\n<p>You can learn more about this type of cricket rates in our <strong>fractional odds guide<\/strong>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-35778 aligncenter\" src=\"https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Fractional_2_1-1.jpg\" alt=\"Fractional odds explained \" width=\"870\" height=\"435\" title=\"\" srcset=\"https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Fractional_2_1-1.jpg 870w, https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Fractional_2_1-1-300x150.jpg 300w, https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Fractional_2_1-1-768x384.jpg 768w\" sizes=\"(max-width: 870px) 100vw, 870px\" \/><\/p>\n<h2>Money Line Odds<\/h2>\n<p>Money Line odds are prevalent in the United States and are represented with positive and negative values.<\/p>\n<p>In moneyline odds, positive values indicate the potential profit on a \u20b9100 bet, while negative values show how much you need to bet to win \u20b9100.<\/p>\n<p>The underdog is shown by positive odds, while the favorite team is shown with negative money line odds.<\/p>\n<!-- TABLE ROW START -->\n        <div class=\"bwss-container-hp-bk-row\">   <div class=\"bwss-hp-bk-row-wrapper\">\n                <div class=\"bwss-bk-logo\">\n                <a href=\"\/go\/22bet\/\" target=\"_blank\" rel=\"sponsored\"><img alt=\"22bet\" title=\"22bet\" data-src=\"\/wp-content\/themes\/generatepress\/assets\/images\/bookmakers-logo\/oosNWGQ5dqllI5EikRx0ehtVJu6zob4b40k0NXRw.svg\"><\/a> <!--Bookie Logo-->\n                <div class=\"bwss-stars-hp-table\">\n                    <img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/icons\/bws-full-star.svg\" class=\"bwss-table-stars\" alt=\"star\"><img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/icons\/bws-full-star.svg\" class=\"bwss-table-stars\" alt=\"star\"><img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/icons\/bws-full-star.svg\" class=\"bwss-table-stars\" 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    <\/div>\n                <div class=\"bwss-bk-affiliate\"><div class=\"bwss-bonus-value\"><\/div> <!--Bonus values--><a href=\"\/go\/22bet\/\" target=\"_blank\" rel=\"sponsored\"><button class=\"bwss-button-claim-bonus-table-hp\">REGISTER NOW<\/button><\/a> <!--Go-link bookie-->\n                    <div class=\"bwss-review-link\"><a href=\"\/betting-sites\/22bet\/\">22bet Review<\/a><\/div> <!--Payment Methods Logos-->\n                <\/div><\/div>\n        <\/div>\n        \n<p>Let's consider the following example:<\/p>\n<ul>\n<li><strong>Match<\/strong>: Pakistan vs. West Indies &#8211; ODI Series<\/li>\n<li><strong>Money Line Odds<\/strong>: Pakistan (-120), West Indies (+150)<\/li>\n<\/ul>\n<p>In this exciting ODI series between Pakistan and West Indies, Pakistan has negative Money Line odds of -120, indicating they are the favorites. A bet of \u20b9120 is needed to win \u20b9100 in profit if Pakistan wins.<\/p>\n<p>On the other hand, West Indies has positive Money Line odds of +150, making them the underdogs. For every \u20b9100 you bet on West Indies, you will stand to receive \u20b9150 if your bet is successful.<\/p>\n<p>Let's consider a \u20b9200 bet for each team:<\/p>\n<ul>\n<li>If you bet \u20b9200 on Pakistan and they win, you will receive \u20b9366.67. The calculation is as follows: \u20b9200\/120 x 100 = \u20b9166.67 (+ \u20b9200 original stake).<\/li>\n<li>If you bet \u20b9200 on West Indies and they win, you will receive \u20b9500. The calculation is as follows: \u20b9200\/100 x 150 = \u20b9300 (+ \u20b9200 original stake).<\/li>\n<\/ul>\n<p>Just like fractional odds, moneyline odds only show you how much profit you make. The total payout will, of course, also include your initial stake again.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-35779 aligncenter\" src=\"https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Money_Line_2_1-1.jpg\" alt=\"Money line odds explained\" width=\"870\" height=\"435\" title=\"\" srcset=\"https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Money_Line_2_1-1.jpg 870w, https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Money_Line_2_1-1-300x150.jpg 300w, https:\/\/cricketexpert.net\/wp-content\/uploads\/BetIndia_Cricket_Betting_Rates_Money_Line_2_1-1-768x384.jpg 768w\" sizes=\"(max-width: 870px) 100vw, 870px\" \/><\/p>\n<h2>What Are the Best Cricket Betting Rates to Use?<\/h2>\n<p>The three most popular types of cricket betting rates can all be useful in different circumstances. However, we recommend using decimal odds for all your calculations because they are by far the easiest to understand.<\/p>\n<p>In decimal odds, you can just multiply your stake by the odds to calculate your potential return. Do remember to subtract your initial stake if you want to calculate the net profit.<\/p>\n<p>If you register an account with an online betting site and see that the odds are displayed in fractions or moneyline, you are often able to change this to decimal odds in the settings of your account.<\/p>\n<!-- TABLE ROW START -->\n        <div class=\"bwss-container-hp-bk-row\">   <div class=\"bwss-hp-bk-row-wrapper tags-yellow-border\">\n                <div class=\"bwss-bk-logo\">\n                <a href=\"\/go\/parimatchregistration\/\" target=\"_blank\" rel=\"sponsored\"><img alt=\"Parimatch\" title=\"Parimatch\" data-src=\"\/wp-content\/themes\/generatepress\/assets\/images\/bookmakers-logo\/O22XgpNbSATh0A4PEjxVcfpzzcHKBVm7v8JOwjss.svg\"><\/a> <!--Bookie Logo-->\n                <div class=\"bwss-stars-hp-table\">\n                    <img data-src=\"https:\/\/cricketexpert.net\/wp-content\/themes\/generatepress\/assets\/images\/icons\/bws-full-star.svg\" class=\"bwss-table-stars\" 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Bookmakers use a mix of data analysis, team\/player performance history, and expertise to arrive at these rates. Rates (or odds) can vary across different betting sites and may change leading up to and during the game. They are crucial for &#8230; <a title=\"Odds in Cricket Betting\" class=\"read-more\" href=\"https:\/\/cricketexpert.net\/betting-academy\/how-to-bet-on-cricket\/odds-in-cricket-betting\/\" aria-label=\"More on Odds in Cricket Betting\">Read more<\/a><\/p>\n","protected":false},"author":34,"featured_media":0,"parent":35170,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"inline_featured_image":false,"footnotes":""},"categories":[472],"_links":{"self":[{"href":"https:\/\/cricketexpert.net\/wp-json\/wp\/v2\/pages\/35772"}],"collection":[{"href":"https:\/\/cricketexpert.net\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cricketexpert.net\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cricketexpert.net\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/cricketexpert.net\/wp-json\/wp\/v2\/comments?post=35772"}],"version-history":[{"count":1,"href":"https:\/\/cricketexpert.net\/wp-json\/wp\/v2\/pages\/35772\/revisions"}],"predecessor-version":[{"id":37628,"href":"https:\/\/cricketexpert.net\/wp-json\/wp\/v2\/pages\/35772\/revisions\/37628"}],"up":[{"embeddable":true,"href":"https:\/\/cricketexpert.net\/wp-json\/wp\/v2\/pages\/35170"}],"wp:attachment":[{"href":"https:\/\/cricketexpert.net\/wp-json\/wp\/v2\/media?parent=35772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cricketexpert.net\/wp-json\/wp\/v2\/categories?post=35772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}