cricket betting exchange ukBetting Exchanges Explained 2022
Some of you reading this guide might ask ‘what is a betting exchange?’ Whilst others of you will have heard of exchanges, but have no idea how they work. Well, that’s exactly what this guide will set out to explain.
Along with simplifying how betting exchanges work, we will also aim to tell you why you might want to use one, how to ensure that you are getting value odds and explain some important terminology relating specifically to betting exchanges.
Firstly, to get yourself up to speed with the nuts and bolts of how betting exchanges work it’s well worth exploring some of our online betting guides which go into much more detail about very specific betting strategies that rely on betting exchanges.
One thing you need to remember is that when you bet with a bookmaker, you are placing a ‘back’ bet, whereas a bet placed on an exchange is always referred to as a ‘lay’ bet.
When you want to place a bet with a bookmaker, you can only wager using the odds they happen to be offering for the outcome of a specific event and you are betting against the bookmaker. Those odds will include the bookmaker’s profit margin, which is variable, but can be as high as 20%. In essence, that means that you are not getting the best value for money.
Put simply, your bookie has a vested interest in the outcome of a sporting event in as much that it will always ensure it makes a profit, regardless of that outcome. For example, a football match between Spurs and Man City will have odds assigned for both teams to win. Regardless of your opinion about the match and even if you select the team that you do not want to win, you are placing a back bet.
By comparison, a betting exchange offers more competitive odds than you’ll find at a bookie, because its betting market is driven by supply and demand. When you place a bet on an exchange, you are betting against another individual, not the exchange itself. If you want exchange betting explained in very simple terms, then think of the exchange as a platform that facilitates peer-to-peer wagering for a small commission.
Any bets that you place on an exchange are always referred to as lay bets. That is irrespective of your own opinion about the outcome of a sporting event. When we go into more detail about some betting strategies that rely on how betting exchanges work a little later in this guide, that will become clearer.
The odds for an event should express the likelihood of it happening. So, if you were betting on something with a fifty-fifty chance, a coin flip for example, the odds should be evens, which is 1/1 fractional, or 2.0 shown as a decimal.
If the odds are lower than that, you will receive less of a payout than you should if you win the coin flip, indicating that the odds are of poor value. That is a much-simplified version, but the theory should bring home to you the importance of getting value to increase your chances of long-term success.
It is in that department that a betting exchange has benefits beyond that of a bookmaker. There are two factors which increase the likelihood that the odds you will find on a betting exchange are good value. Firstly, there’s no bookmaker profit margin built into the odds. Secondly, poor value wagers are unlikely to find a buyer on a betting exchange.
In most cases, a happy medium is reached between buyer and seller, if not, the bet will be cancelled. One way to double-check that the odds you see on an exchange are reasonable, is to use an odds comparison tool like Oddschecker, which compares the odds you can get from multiple bookmakers and betting exchanges in an easy-to-read format.
You will have to pay a commission to the betting exchange if your bet wins, but you will know in advance exactly what this will be, as the applicable commission charges are always shown before you place your bet. This is preferable to using a bookie, where you don’t know how much profit margin is built into their odds.
There are a few very specific and complex betting strategies that rely entirely on the correct use of a betting exchange, arbitrage betting and matched betting being two examples. Here, we will give you just a brief overview of both of those.
The underlying concept of arbitrage betting is finding discrepancies in a bookie’s odds and placing a back bet, which you would then cover with a lay bet on an exchange. Although that sounds a very simple concept, there is far more to it than first meets the eye and it comes with risks.
Bookies are very good at spotting arbs and quickly correcting them, so to get ahead of the game you would need to use some specialist arb finder software, which comes at a substantial cost. The software identifies qualifying bets, those where the back odds (at your bookie) are higher than the lay odds (on the betting exchange).
There are two main risk factors where arbing is concerned, the first is the human error factor. Arbing is very intense and unless it is carried out correctly, the cost of making a mistake, such as omitting to place a lay bet, can be very costly.
Secondly, bookmakers do not like arbers. If your betting patterns suggest any evidence that you are engaged with arbitrage betting, the most likely outcome is that your bets will be cancelled and your account will be closed without notice.
Matched betting is similar to arbing in that it relies on placing simultaneous back and lay bets. However, matched bettors only place their back bets using bookie bonuses or free bet offers. Again, specialist software must be used to identify those offers, which will eat into your potential profits.
Bookies are especially vigilant at spotting bettors whose main betting activity is using bonuses and promotions. Although you may read that this can be offset by placing ‘mug bets’ (small bets that are destined to lose) the reality is that you will inevitably end up having multiple accounts closed.
We have already explored most aspects of how a betting exchange works and it has a lot of similarities to spread betting. If that is making little sense at this stage, don’t worry, we have also prepared a beginner’s guide to spread betting, which is certain to set you straight when asking the question “what is a betting exchange?”.
If you are used to working with fractional odds, which is quite likely if you are UK-based, then there is a bit more of a learning curve for you. Betting exchange odds and those used for spread betting are always represented in the decimal odds format. But don’t worry if you are not familiar with decimal odds, there are plenty of useful online odds format calculators available, which will quickly (and reliably) convert them for you.
Sports spread betting has many similarities to the principles of certain forms of trading. So, if you have any familiarity with trading forex or CFDs, you will grasp the concept immediately.
For those of you who are in the dark, in spread betting there are always two prices, a ‘bid’ price and an ‘ask’ price. The objective is for you to predict whether the price of the underlying market (the event outcome) will be lower than the bid price, or higher than the ask price.
Although theoretically speaking it is possible to win more money when spread betting than when betting with a bookie, there is also a much higher risk of losing more than your initial stake. You have to be absolutely spot-on with your predictions to avoid that scenario, so an advanced level of knowledge is needed before you try this out.
The more you learn about betting tactics and strategies, the more chances you will have of becoming a successful bettor. Even if you are not too keen on some of the more complex betting strategies we have mentioned, there are some wagering tactics that you should always build into your strategy, accumulator betting is one of those.
Knowing how to win accumulator bets, or at least how to use them to their best advantage, is one of those tactics and is a subject we recommend that you explore in detail.
We hope that you have enjoyed reading our guide to exchange betting and that you now have a much better understanding of how betting exchanges work and the ways you can use them to your advantage.
As you will have seen, there are downsides to some of the betting strategies that make very specific use of betting exchanges, but there are also many ways to use them to your advantage, even for the casual punters amongst you.
cricket betting exchange ukBetting Exchanges – Compare The Best Sites In UK 2022
Betting exchanges offer the same opportunities to bet as a bookmaker with a few differences; customers can buy and sell the outcome at betting exchange sites, and they can trade in real-time throughout the event. We take a look exactly at operators offering exchanges with efficient bet odds such as Betfair exchange, Smarkets, and other exchange betting websites.
A betting?exchange is not actually a bookie, it is a matchmaking service that matches bets from backers and layers.?this is great for punters because there is no conflict of interest between you and the company.?Traditional bookmakers want you to lose.?Betting?exchanges?take commission rates?on bets so it actually works in their favour if you win as you bet more.
A betting exchange, also known as sports betting exchanges, is an online market for online customers to place bets on the result of specific events. Like a traditional bookmaker, exchanges offer similar opportunities to bet like a professional sportsbook but with some differences.
Unlike a regular bookmaker, betting exchanges do not go about setting their own odds, instead they allow for peer-to-peer betting to happen. This means that the odds are decided by other users and not the betting exchange, meaning that there are a wider variety of odds available.
When you are placing a bet you will be doing it against another individual or a market maker, which means that your odds when you place a bet on a betting exchange will be better than with a normal bookie. They basically operate like a stock exchange showing orders (or bets) of gamblers that are either positive or negative about an event. In fact, you can even?make use of betting exchanges to bet on the financial market or .
Betting exchanges operate by offering a platform that combines bettors. The exchange then charges a premium on net market profits only –? depending on traders charge a branch-low 2% commission or some of them 0% commission.
You have the right to return to and determine the result when you bet on an exchange. This offers a degree of versatility that a bookmaker cannot do.
A wager exchange operates by matching wager with different views of the probability of a result and allowing them both the stakes and the odds to agree so that they can bet money without the bookmaker being required.
If you haven’t joined the best betting exchange, you are missing out on a lot of fun. It is an exciting and profitable activity that allows you to place your bets and win money. You may even make some money if you choose to use your skills to help handicap a particular team or bet on a sporting event.
These offer by far the best odds around because you are not actually betting against the bookie. You are betting against other players. You can also bet on something not happening, so if you think the favourite doesn’t stand a chance of winning you can “lay bet” them. Let’s look at Brazil as an example here. They are currently 4.2 on Betfair exchange which means if you “Back” them to win with ￡10 you will win ￡32 (￡10×4.2 = ￡42 less your stake of ￡10 = ￡32). But, if you think they will lose, you don’t need to bet on every other team, you just “Lay bet” them. You essentially become the bookie and accept a ￡10 bet at 4.2 from someone else. What this means is that if you “Lay bet” them for ￡10 to win and they do not you get the ￡10 someone else staked on the bet. However, as the odds are 4.2 if you lose you end up paying out ￡42 to the person who bet against you (￡32 win liability and the ￡10 stake). So you stand to make ￡10 but lose ￡32.
The key to winning with betting exchanges is finding the best odds. For example you might also learn how to join on different?online betting promotions, so on that section of the site our top list will display you the best odds
There are three main betting exchanges which we have listed below. Each of them offers a welcome bonus amount once you have deposited funds. It is always worth opening accounts with all three and funding will a token amount of ￡50 to get the welcome bonus. The betting exchanges give new customers extra money to bet with as part of their strategy to increase business as they assume you will come back for more after your initial bet. This is fair enough and a good way to increase your betting budget.
Betfair?– the biggest and best –?Claim your ￡10 welcome bet here
Smarkets?– the new kid on the block –?Claim your free ￡20 World Cup special bet here
BetDaq?– a well-established player based in Ireland?–?Claim your ￡25 no-lose bet here
Betting and winning on losers
The best thing about betting exchanges (even more so than the better odds) is that you can bet against a losing outcome.?This could be a horse not winning or a football match not scoring enough goals.?You do this by laying bets on the best betting exchange, which means you are essentially acting as the bookie accepting bets from people.
Regulation and financial security
Of course, you can’t lay bets as a bookie as you need to be regulated, but through a betting exchange, it is structured as a lay bet so you can win from losing. The major betting exchanges are all regulated by the relevant gambling commission rates and have strong financial backing. You should never place or lay bets on an exchange that is not regulated or financially backed.
Range of markets and specialty bets
Online betting exchanges offer some of the broadest ranges of markets to bet on.?It’s possible to bet on pretty much anything there is a market for from the major sporting events to reality TV.
Betting on non-traditional markets is only possible if there is significant demand from market makers and those prepared to lay bets.?The exchange takes no risk on the best, so can provide the platform to match interests.
The table below the UK betting exchanges’ lowest commission rates listed however, each commission rate functions somewhat differently from others.
To help us understand these rates more thoroughly before we decide to open a new betting exchange account and who, in the next sections we give more detailed explanations about betting exchange commission rates.
Betting exchanges are also praised for offering better rates than conventional online sportsbooks.
Furthermore, if the opportunity at a higher price is not available then this is a false scenario and the sportsbook is the safest place to make the bet.
Choosing the Nations League Semi-Final between the Netherlands and England as an example and looking explicitly at the price to bet on the Netherlands we consider the following price comparison and liquidity comparison results.
The top betting exchanges in the UK have very good liquidity and odds on straight bets, and the bigger ones have well-placed and outside bet categories. However, if you are looking for multiple bets this is not really possible as finding a market maker or layer that is prepared to offer such long odds will be rare. For multiple bets, you are better off going with a traditional fixed odds bookmaker. For normal to win or place betting, betting exchanges still offer the best odds around.
If you compare betting exchanges to stock exchanges you can see why live and in-play betting is so popular. The odds most change with demand based on what is happening at the underlying event. They are a very good indicator of what is actually happening in the exchange market because it is driven by crown consensus rather than firm odds.
As placing a bet is so fast on the exchange you can bet during a race or in the last few minutes of a football match. This also means you can use betting exchanges to hedge other bets, take betting profits early to shut down a losing bet before it gets any worse.
It is clear that the rewards of betting with the best betting exchanges can be better than with traditional bookies.?But punters should be aware that there are considerable risks to laying bets on exchanges.
If you lay a bet and the odds are long you can potentially lose many many times more than the stake.?Always ensure you fully understand the risks involved with laying bets as they can be large.
Betting Exchanges are wonderful things.?They add a competitive edge to?gambling?that you just don’t get with?traditional bookies. The best betting exchanges have fantastic liquidity on all the major and most of the minor markets that enable you to bet against other gamblers, not the house. The house takes a commission on winnings so the odds are always better. Because betting exchanges don’t make more money when you lose the welcome offers are not as good as fixed-odds betting sites, but they still have some good incentives for new players to open an account.
MatchBook – Free ￡50 cashback when you join.
Founded in 2008 Matchbook is one of the fastest-growing betting exchanges. Because of its more international approach, there is often better liquidity on major events. Customers can also bet in the majority of major currencies including USD. Read Matchbook betting exchange reviews.
Get started with Matchbook here
Betfair Exchange – Free ￡10 bet when you sign up.
The best overall gambling website by far. In all aspects and games. I have always loved Betfair’s customer service and they treat customers more like clients. Some of the best functionality and range of markets too. Get ￡10 Betfair exchanges welcome offer when you sign up and deposit funds into a new account, . Read Betfair betting exchange reviews.
Get Started with Betfair here
Smarkets – Free ￡10 bet for new players
These guys offer slightly lower commission rates to Betfair exchange, currently, 2% so are worth a look. Major markets provide pretty decent liquidity so a good place for casual gamblers to try a bit of arbitrage. The Smarkets free ￡10 welcome offer is a good way to test the platform, . Which is probably the most user-friendly of all through exchanges. Read Smarkets betting exchange reviews.
Get started with Smarkets here
Betdaq – ￡25 no lose a bet
One of the original exchanges and because the customer base isn’t as large as Betfair they offer a pretty decent welcome offer to entice new players. Once you have deposited some funds you get a ￡25 BetDaq welcome offer no-lose bet and some pretty decent odds and markets. On the majority of its exchange platform’s offered sports, Betdaq commission is now 0% on all winning bets.
Get started with BetDaq here
Yes, but it’s not very long, there are only five. Smarkets, Betfair, BetDaq, Matchbook, and Ladbrokes betting exchange. These betting exchange sites all have varying commission rates applied to winnings and differing extra features. Smarkets for example are tied for the lowest commissions applied while also allowing for spread betting on their platform and has the widest list of countries accepted of all these UK Betting Exchanges.
The?best betting exchanges?in the UK depend on what sort of sports trader you are or if you are a matched bettor. Betfair is the most established betting exchange, followed by Betdaq, with Smarkets and Matchbook nipping at their heals by the increase in matched bettors looking to lay off bets. Both exchanges are improving in terms of liquidity and exchange markets on offer.
Smarkets was established in 2008 and is the newest exchange of wagering on sports. They made it known their intentions — they intend to take Betfair on. Smarkets hit ￡ 500 m lifetime trades in April 2014 — but it took less than a year to double that, making the ￡ 1bn trades in March 2015 come true. Their commission of 2 percent is very competitive and certainly gives an advantage over Betfair, the industry leader.
Get Started with Smarkets here
Betfair is the most popular and largest exchange of bets. It was formed in 2000 and operates under a license from Gibraltar. As of 2 February 2016, the company has been listed as “Paddy Power Betfair” on the London Stock Exchange market because of the merger between the two companies.
Get Started with Betfair here
Matchbook was founded in 2004 but only really grew in popularity after a group of investors acquired it in 2011. Their aim was to increase the liquidity to compete with Betfair in their existing markets. The commission rate is small if you approve an existing bid in a sector, at just 1.5 percent, and 0.75 percent if you post a bid. This is awesome. Matchbook claims to have “the biggest amount of assets available in US sports” It covers NFL, NBA, NHL, and MLB.
Get started with Matchbook here
Betdaq was established in 2000 and acquired in February 2013 by Ladbrokes. Betdaq had only about a 7 percent share of the betting market in the UK and Ireland when Ladbrokes took over. At the time she was Betfair’s biggest rival. In most markets a sufficient amount of liquidity. It is considered the 2nd largest exchange of bets, behind Betfair. This is the only remaining betting platform with a public API. So Betfair’s a perfect alternative platform for creating bots and games. Unlike Betfair’s main rival, Betdaq doesn’t charge their highest-earning traders a Premium fee. The Betdaq commission has introduced a 0% commission on the majority of its offered sports on its exchange market.
Get started with BetDaq here
It is interesting to note that Ladbrokes has been around for over a century. It began in 1886 with commissions at Ladbroke Hall for trained horses. A few years later, Ladbrokes moved to London where his gambling headquarters was built, enabling us to enjoy his internationally renowned gambling operations. Newly enrolled consumers are getting ￡20 in free bets and a ￡5 stake in sports. The ￡20 bonus amount will be split into four ￡5 tranches so you can use them instantly. You’ll have 7 days to make use of the free bets.
The betting exchanges we mentioned in this article are all great, so it all comes down to your personal preferences. However, there are some things that you should pay attention to before making your final selection. That’s why we decided to cover some of them and help you with your choice. Let’s take a look at what makes the best betting exchange.
Welcome bonuses come in all shapes and sizes on online gambling platforms. Those who decide to sign up for a betting exchange will usually get a free bet bonus just for signing up on the platform. These are usually called no deposit welcome bonuses as you’re not required to make any deposits to trigger the promotion — just register and confirm your account.
One important thing to take into account is that every betting exchange has a welcome bonus. They mainly exist to attract new players to the platform and give them a head start for making their first bet. All in all, welcome bonuses of all kinds are great, as it’s always a great feeling to receive a gift as a new user.
If you don’t have prior experience in claiming welcome bonuses, we suggest you read the terms and conditions for the gift you’re about to receive. Some rewards have rules that you should understand to get the best possible user experience once you sign up on the best betting exchange.
Many betting exchanges don’t leave their users without additional bonuses once they spend their welcome bonus. What’s more, every site has a section where regular users can check out for new promotions. These can be virtually anything, but there are several types of regular promos that stand out from the crowd.
To make real-money bets, you need to make a real-money deposit, and that’s possible by using an adequate payment method. The good news is that many of these exchanges accept all the popular payment options in the UK, meaning you can make a deposit or request a withdrawal using options such as credit cards, bank transfers, e-wallets, and more.
The most common payment method is a credit card as it is widely regarded as the fastest and the most affordable one. However, many punters also enjoy using e-wallets such as Neteller, Skrill, PayPal, ClickandBuy, and more. Before you open an account on a betting exchange site of your choice, make sure to check whether it supports the payment method you use.
Customer support plays an essential role in many online gambling platforms, and betting exchanges are no exception to the rule. These sites can be confusing, especially to newcomers, who usually require assistance once they open an account. One of the most common ways you can contact customer support nowadays is by using the live chat feature, which is present on the majority of betting exchange sites.
The entire world is going mobile, and online betting exchanges are no exception to this rule. An increasing number of players nowadays prefer placing bets by using their mobile devices rather than using desktop or laptop computers. That’s why many betting exchanges and other similar gambling platforms decided to step up their game and make mobile betting available.
In this report, we will report on what betting exchanges are, how they compare to online sportsbooks, and how you can increase your chances with your selection. A betting exchange is an online service that covers betting on a variety of sports such as football, basketball, tennis, golf, poker, and other sports.
It is companies that allow betting providers to exchange odds and bet against each other, rather than betting against bets on the sports system. While sportsbooks are focused on fixed-odds betting, betting exchanges offer a fluid marketplace where customers can play against others. The best betting exchange offers better odds than a sportsbook, but higher odds on a stock exchange have better odds, while a small commission rate on a betting exchange is charged for winning a bet.
When you bet on traditional sportsbooks, the book’s oddsmakers try to get the public to bet 50/50 on both sides of the market. If they cannot, they will be leading the line to build a lead to win, not the other way around.
Unlike traditional bets on sports, where players are only allowed to place bets, betting exchanges are places where betting providers can not only place bets but also accept bets from other players. In short, a betting exchange is a peer-to-peer betting network, but it differs from a betting network in that it is a stock exchange set up to facilitate transactions.
As you can see, there are many factors to take into account when choosing an online gambling platform — especially online betting exchanges. There are many options out there, and we included some of the best ones on this page.
What matters the most is that all these platforms are licensed and regulated by an official regulatory body, meaning you don’t have to worry about illegal operations and scams. All sites featured on this page are safe and secure, protecting you and your funds with cutting-edge technologies.
After you make sure that the site is safe, it’s time to pay attention to the overall quality of the offer, number of users, liquidity, and more. We took all these things into account when creating this article and the list in it so that you can enjoy the best betting exchange options.
Perhaps one of the most important aspects to cover is bonuses and promotions that are offered to new and regular users. You can rest assured that all sites on this page offer some of the best bonuses in the industry that are bound to give you a head start.
Therefore, feel free to make your final choice and start your online betting exchange journey by depositing cricket betting exchange ukBetting Exchanges – Compare The Best Sites In UK 2022 money and making your first bet. Once you get into the swing of things, you’ll understand why many punters prefer placing bets this way.
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cricket betting exchange ukCricket betting Guide & Best Sites for UK players in 2022
Are you searching for the best cricket betting sites?
Then you have come to the right page! All the UK bookmakers listed below offer top cricket odds and choice of markets for online cricket betting.
Here’s a quick Top 10 of the best cricket betting sites online.
Bet36510betBetfredQuinnbetSportingIndexWilliamHillMobileWinsMrPlay SportsSpreadexVbetHollywoodbetsAll the best cricket betting sites are established in the UK and licensed by the UK Gambling Commission for a trustworthy start to your cricket betting.
We have also provided a cricket betting guide to help you make the most out of your bets.
If you fancy using cricket betting exchange sites instead of the traditional online bookmaker sites then check out the site we recommend below.
The best cricket UK betting site for exchange bets has to be Betfair.
The sport of cricket developed in England and it was the national sport of the country in the 18th century. It did not take long for cricket to take off in other countries of the world.
Colonists were one of the main sources of cricket in other countries, such as the West Indies, India, Australia and New Zealand. These are now four of the leading international teams in world cricket, along with England.
Thanks to the internet, it is possible to bet on cricket matches from around the world. However it is thought cricket betting was common in the 17th and 18th century. The UK Gaming Act 1664 was introduced to try and prevent punters betting large sums of money on cricket, which means it must have been popular at the time.
The people of the 1600’s would be astounded to see the wealth of cricket betting options available today. First, let’s take a look at the best matches and events for cricket betting.
Cricket is played throughout the year. Thanks to the number of countries which play and their location, you will always find a series of some description being played, regardless of the weather/season in your own country.
However, arguably the most popular tournament for online cricket betting is the ICC Cricket World Cup. This is a One Day International tournament, with the top ten teams in the world competing against each other in a 50 over match. The group stage is a round robin format with the top four teams playing in the semi-final.
England won the most recent Cricket World Cup (2019) in dramatic fashion and the tournament always attracts plenty of betting action.
In addition to the Cricket World Cup, we now have a Twenty20 World Cup on which to bet. This is the shortest format of the international game and teams have 20 overs each to bat and bowl. This is arguably the most exciting format of cricket for placing bets because it is fast paced and produces plenty of boundaries and wickets in a short space of time.
Another big Twenty20 cricket tournament is the Indian Premier League. This is contested by franchises in India, who bid for the best players in the world at auction. The crowds are fantastic and this is one of the major annual cricket events for betting.
The longest format of cricket is the Test Match and the biggest Test Match series is the Ashes. This is a five match series contested by Australia and England and has a long history. The most eagerly anticipated Test series around the world, plenty of cricket punters choose to bet on the Ashes.
Outside of international cricket and the Indian Premier League, there are many options for betting. Domestic tournaments in England, Australia, India, West Indies, New Zealand and South Africa are just a small sample of what is available.
There are so many matches taking place in various formats around the globe, you will never be stuck for a cricket match on which to bet.
Cricket work in much the same way as other sports, such as football and tennis. At many of the top online bookmaker sites, you will have the option to select which betting type format you would like cricket odds to be displayed.
You can choose from fractional (3/1), decimal (4.00) and moneyline (+300).
Which of these odds you would like to use when betting on cricket is up you.
However fractional odds tend to be more popular in the United Kingdom among the best UK cricket bookmaker sites.
Decimal odds are widely used in other European countries and moneyline odds are frequently found in the United States and Canada.
There is no right or wrong answer when it comes to choosing which are the best odds to use for cricket. It depends which you are most comfortable with but many onsite UK bookmakers at cricket matches have taken to displaying odds in decimal format, more so than fractional as they are a little easier to understand.
Let’s now have a look at the most popular types of cricket bets so you can get a better understanding of which betting types you might choose to use.
As with most sports, the cricket match betting winner market tends to be one of the most popular cricket bet type markets. You simply select the team you think is going to win the match and place your bet accordingly. It is as simple as that and even if you do not support either of the two teams playing, betting on one of them will add some extra spice to the match.
A similar cricket betting type market to match winner is series winner. International teams tend to play each other in a series of matches, such as the best of three or five matches rather than one-off games.
The Ashes is a good example and England and Australia will play five matches to determine the overall winner. Whether it is a Test Match, ODI or T20 series, you can bet on the series winner.
Betting on the performance of individual players in a match or series has become a very popular way to bet on cricket in recent years. It could be the leading run scorer in a game/series or the leading wicket taker in game/series. You can also bet on who will be named man of the match.
The opening batsman are often key to an innings and odds for the highest opening partnership are easily found at a UK bookmaker sites.
You do not select players when betting on this cricket betting type market but instead select the team from which you believe the highest opening partnership will come.
Another cricket betting market which has taken off in recent years is the number of boundaries. This could be the total number of fours or sixes hit in an innings or match. With attacking batting becoming the norm, even in Test Matches, the number of boundaries is a good cricket betting market.
Additional cricket betting markets you may wish to consider include time of first wicket, any century and a specific batsman or bowler to score 50/100 runs or take 5 or more wickets.
Cricket can often produce a draw result. This is when the match is tied and in terms of Test Match cricket, this can happen when the weather puts a stop to play and not enough overs have been bowled by either team to produce a result. Also, teams can bat for long periods and this can result in the match ending in a draw.
In the shorter formats of the game such as 50 over and 20 over matches, draws can happen. However drawn cricket matches are still a rare occurrence outside of weather interference.
Nonetheless, you may decide to place a draw no bet on a cricket match. If the team on which you bet wins the match, your bet will be a winner.
However, if the match ends in a draw, you will receive your money back. The odds for draw no bet will be shorter than for match winner due to the fact you have covered the draw in the same bet.
In terms of cricket betting and especially the shorter formats, draws are uncommon outside of weather related stoppages, when many UK betting sites will offer a refund anyway if it is washout.
Cricket betting in-play is very prominent now thanks to the internet. There are so many permutations during a game of cricket, especially in the Test Match format which lasts up to five days, that anything can happen.
One team may look comfortable at 120/1 but suffer a collapse and be reduced to 180/7. This will change the odds dramatically, so predicting when this might happen is key when live cricket betting.
It is also possible to bet on upcoming individual aspects of the match. You can place a bet on who will be the next batsman out or if a player will reach their 50 or 100.
even works on a ball-by-ball basis. You can bet on whether the next ball will result in a boundary, wicket or a wide, that is how detailed live cricket betting has become online.
Cricket betting live is very exciting but you must be disciplined because it is possible to lose a lot of money, very quickly.
With so many cricket matches taking place around the world, it pays to have a good strategy when betting on cricket.
Much of this revolves around research and there is a wealth of information available for free on the internet. For example, when betting on international cricket, some teams will have a great record against others, especially when playing at home.
Take England for example, they have won just 5 of their last 29 away Test Match series. However, at home England have won 6 of their last 8 Test Match series.
You would back England to beat most teams at home in a Test Match series over three matches or more but would be hesitant to do the same when they are playing away.
Taking note of the wicket condition is also very important, especially when betting on bowlers and batsmen. Some wickets favour seam bowlers whereas others favour spinners.
It would not be worth backing a fast bowler to be top wicket taker if the surface is favouring the spinner. Likewise, some batsmen perform better against fast bowlers than spinners and vice versa.
The playing conditions can also have an impact on a match. For example, on the fourth day of a Test Match there could be a lot of cloud cover and the ball starts to swing a lot. This will favour the bowlers and you may wish to back a specific bowler to be the leading wicket taker or back a team to win knowing the conditions are in their favour.
It is surprising how often the conditions can change the outlook of a game, especially in Test Match cricket.
For example, when England played Ireland at Lord’s in July 2019, Ireland required just 182 runs to win the match in their second innings.
However, the weather conditions were perfect for seam bowling and England bowled Ireland out for just 38 runs.
Tip: Always keep an eye on the weather forecast when betting on cricket. It can make a massive difference to the outcome on any given day.
When betting on international cricket, some players will prefer playing at a specific venue more than others. It may be the home of their club team for example or a ground where they have played well in the past.
Either way, it is worth checking the record of players at each venue before placing a bet on them in a match.
When betting on ODI and Twenty20 cricket, the size of the ground is very important. If the boundary is short, expect to see more fours and sixes than you would if the boundary was long.
The distance of the boundary rope can be the difference between a four and a six.
If you are betting on the match winner market, you may wish to wait until the toss has been completed. It is a matter of luck which team wins the toss.
However deciding whether to bat or bowl is a calculated decision. The weather conditions or wicket condition can determine if a team decides to bat or bowl first and that can sometimes have a significant bearing on the outcome of the game.
In terms of T20 cricket, matches can be very unpredictable. Some would say it is best to avoid betting on this form of cricket because it is impossible to predict what is going to happen with any certainty.
So, the top cricket betting tip is to do your research. That includes team and player form both in home and away matches, pitch and weather conditions, result cricket betting exchange ukBetting Exchanges – Compare The Best Sites In UK 2022 of the toss and head-to-head records. Having all this information to hand will allow you to make an informed cricket bet.
