Given the huge popularity of cricket worldwide, it is only natural that the sport has become equally popular in the sports betting world. For people not yet familiar with betting techniques, it might seem like an intimidating landscape to get involved in.
But there are established methods that people use to make informed bets, and if you learn them then your chances of winning increase significantly. Once you’ve created your strategy, you can give it a try at Leon Casino. This is one of the best betting sites out there.
Getting the fundamentals down
Before you get started, you should, of course, familiarize yourself with the fundamentals of the game first. You should also learn about back and lay meaning in cricket betting. Back betting involves putting your money down on something that will happen, whereas lay betting means putting your money down on something that won’t.
What kinds of bets are there?
Let’s start by reviewing what kinds of bets are out there. Before you develop a strategy, you need to be able to choose from among the options and know what you are getting into.
- Match betting. Match betting involves betting on one single match;
- Series winner betting. Series winner betting is similar to individual match betting but bets are placed upon the results of an entire series;
- Series correct score. Series correct score bets involve an entire test series, and a bet being placed on the final test score in the series. People who bet this way need to pay attention to every test in the series as odds can fluctuate considerably;
- Top team batsman. Betting on the top team batsman also requires careful attention to an entire series. When you bet on the top team batsman, you need to determine the likely cumulative scores of different batsmen throughout a series and bet on who the overall top scorer will be;
- Top team bowler. It is also possible to place bets on the top bowler on each team. The score is based upon the number of wickets scored per bowler within any given season;
- Series handicap. You can bet on a series winner that takes into consideration a handicap that is predetermined before the start of a series. The winner is determined by calculating the difference made by the handicap. It is a slightly more complex, yet interesting way to bet.
Betting types
Betting types in cricket betting can be divided into two major categories: in-play betting and spread betting. We will explain what these mean in the sections below.
In-play betting
In-play betting involves betting on series while they are happening. This can be an effective way to go as you can add to initial bets as series go along. As there can be a lot of changes throughout the course of a given series, you can adjust your strategy gradually and possibly end up winning much bigger. You can also go against an initial bet if you see that your early predictions were off.
Spread betting
Spread betting involves spreading out a bet on different aspects of team performance. This can include:
- Team victories
- Numbers of runs
- Batsmen and bowler favorites
- 4s and 6s
Spread betting is broken into two types: buying and selling. Buying is when you expect to be above the spread, and selling is when you expect to be below it.
Common mistakes in cricket betting
There are things that you should keep an eye out for when you get started in the world of cricket betting. Certain kinds of mistakes are common, and you should familiarize yourself with these tendencies so that you do not make the same mistakes yourself.
- Betting without sufficient knowledge
Betting without really knowing how the sport works will cause you problems. You might be able to look at recent rankings and see who is on top at the moment, but this could all change suddenly. Just as you wouldn’t bet on a boxing match without knowing the full history of the boxers, so too should you educate yourself before getting involved in cricket betting.
Take the time to get to know players, teams, how teams play in different conditions and against each other, who has more endurance, etc. Learn who the best batters and bowlers are. The more you learn, the better off you will be when it comes time to bet.
- Betting based upon emotions
Sports are exciting. And for this reason, we tend to look at matches and make predictions based upon what we hope will happen. This is the wrong way to look at it. You can watch your favorite team, for sure, but accurate betting means putting your emotions aside and relying on statistics. The more mathematical you make the betting process, the more likely your chances of winning will be.
- Chasing your losses
When people start losing, they often have a tendency to “chase” their losses by making more bets to compensate. This can be a dangerous cycle to get into, because losses can start to snowball and you can soon find yourself out of a lot of money. Rather than doing this, take the time to step back and consider why you lost a bet, and try to use a better strategy in the future.
Conclusion
The key to developing a sound cricket betting strategy is first of all to thoroughly familiarize yourself with the game itself. Learn about the players, the teams, the coaches, individual team rivalries, etc. Study how external factors like the weather can influence different teams’ outcomes. Then you can start working on developing a betting strategy. Keep working on it over time and you will surely end up with a good outcome.
