How to Bet on Cricket: Registration & Odds Guide
Table of contents

Cricket is the most popular sport in India. Besides the biggest league, IPL, the national team’s T20, ODI, and Test matches, as well as regional leagues, are also highly celebrated.

Betting on matches adds to the excitement of watching the game. This article will guide you step by step on how to bet on cricket.

What is betting on cricket?

Betting on cricket involves placing wagers on various aspects of a cricket match. This can include predicting the outcome of the match, the performance of individual players, the number of runs scored, and many other elements. People place bets through bookmakers or online betting platforms, and the odds are determined based on the likelihood of different outcomes.

Step-by-Step to Bet on Cricket

If you're looking to get started with cricket betting, the first step is to understand the platform you're using. Choose a reliable and secure site that offers a wide range of betting options, transparent payment methods, and strong security measures.

In this guide, we’ll walk you through the process using Vegas11, a favorite platform among Indian players, with both visual and text instructions to make it easy to follow.

Register on a Betting Site

Joining a reliable and well-reviewed online betting site and registering an account is the first step. You will need to provide basic information (such as name, date of birth, nationality, phone number, and email), verify via SMS or email, and then set a password.

Register Steps
Register Steps

Add Bank Account

After registration, the next step is to add a bank account, as the platform won't be able to transfer funds to your account without it. Some platforms may also require identity verification before proceeding

Steps to Add a Bank Account on Vegas11

  1. Log in to the official website and click on "Account" at the bottom right.
  2. Click on "Bank account management".
  3. Enter your username, account number, IFSC, and upload a photo of your passbook to complete the process.
Add a Bank Account
Add a Bank Account

Deposit

Choose your deposit method and amount (each betting site may vary, some may have fees). On Vegas11, the minimum deposit is ₹500.

Deposit Steps:

  1. Click on "Deposit".
  2. Select a deposit method (Bank Transfer, UPI, or Cryptocurrency), all with no fees.
  3. Enter the deposit amount and click "Proceed" to be redirected to the transfer page.
  4. After payment, funds will be credited to your account within 5 minutes.
Deposit Steps
Deposit Steps

Select Bonus

Online betting sites often offer promotions to players, and you can choose whether to claim them based on the terms and conditions of the offer.

Note: Most promotions require you to apply before placing bets! Make sure to receive the bonus before you start betting.

Promotion Steps
Promotion Steps

Choose Sports Lobby

Go to your preferred sports provider to bet on cricket. Vegas11 offers 8 cricket sportsbooks for players to choose from: 9wickets, SABA, MD365, BTI, LUCKY, PANDA, INPLAYMATRIX, and SABA EXCHANGE.

  • Different betting providers offer varying odds (you can compare them), and each provider has its own minimum and maximum bet limits!
  • For beginners, it's recommended to use the SABA Sports provider, as it features a user-friendly interface, a wide range of pre-match betting options, and free live streams.
Bet on Cricket at 8 sports lobbies
8 sports providers

Vegas11 SABA Sports not only offers free live streams, but also provides detailed match statistics, allowing you to track the progress of the match in real time while betting on cricket.

Bet on Cricket at SABA
SABA
The names of the 8 platforms
The names of the 8 platforms

Place Bet

Choose your preferred cricket betting type (e.g., Match Winner, Toss Winner, Innings Runs, etc.), then enter your "Bet Amount" and click 'Bet' to place your wager.

  • You can choose to place your bet either before the cricket match starts or during the match!
SABA Betting steps
SABA Betting steps

As shown in the image, find your preferred betting type, click on the "Odds" (2.47), then enter your bet amount of ₹50 to place the bet.

Can I cancel if I bet on the wrong team?

Once a sports bet is successfully placed, it cannot be canceled or modified.

Can I bet on Team A and Team B at the same time?

Yes, you can. If you bet on the wrong team, it’s usually recommended to place the same amount of bet on the opposing team to offset the match! (This may result in a small loss due to the odds difference).

How long after the match ends can I receive my winnings?

Winnings are usually distributed within 30 minutes after the match ends. If they haven’t been credited, please contact the casino’s customer service.

Will cricket bets be refunded if it’s a draw?

Unless you specifically bet on a draw, all other bets will be considered "lost" and will not be refunded.

Why are some matches unavailable for pre-match betting?

There are two common reasons:
1. Not every match is available for pre-match betting (it depends on the oddsmaker).
2. The oddsmaker is adjusting the odds, which temporarily disables the betting options for that match. You can place a bet once the adjustments are complete, typically within 5-10 minutes.

How to Read Cricket Odds

Cricket Odds are Displayed in 3 Formats: Decimal, American, and Fractional. The most common format in India is "Decimal".

Decimal Odds

Decimal Odds also known as European Odds, are displayed as decimals and include the stake.

For example, if the odds are 2.11 and you bet ₹100 on Gulf Giants, you would receive ₹211 if the bet wins (with a net profit of ₹111).

Decimal Odds
Decimal Odds

American Odds

American Odds are displayed as "positive" and "negative" numbers. Positive numbers indicate the net profit for a ₹100 bet, while negative numbers show how much you need to bet in order to win ₹100.

  • For example: +114 means you will net ₹114 for every ₹100 bet, while -159 means you need to bet ₹159 to net ₹100.
American Odds
American Odds

Fractional Odds

Fractional Odds, also known as "British odds" are typically displayed in the "X/Y" format. When you bet Y units, you can win X units in profit.

  • For example, if the odds are 18/25, a ₹25 bet would win ₹18 in profit, a ₹50 bet would win ₹36 in profit.
Fractional Odds
Fractional Odds
  • Different sports lobbies may display odds in different formats! Beginners often struggle to determine whether the stake is included in the odds, so be careful not to misinterpret them. Here’s a handy odds calculator to help!

Typically, the higher the odds, the lower the probability, meaning the likelihood of the event happening is smaller. However, if you win, you can earn a higher payout. In cricket, a draw is almost impossible, so the odds for betting on a draw are usually higher than for betting on either team to win.

Cricket Betting Odds Calculation Guide

Here’s how to calculate payouts using common decimal odds for beginners:

  • Match: 2nd Women ODI
  • Teams: Australia VS England
  • Betting Time: Pre-match
  • Bet Type: Fixed Match Winner
    • Betting on Australia: Bet ₹100, if Australia wins, the total payout will be ₹126 (₹100 × odds of 1.26), net profit after deducting the original stake is ₹26.
    • Betting on England: Bet ₹100, if England wins, the total payout will be ₹360 (₹100 × odds of 3.60), net profit after deducting the original stake is ₹260.
Odds calculation
Odds calculation

Calculate Parlay Odds for Cricket Bets

Multiply the odds of each cricket match in the parlay to calculate the total odds. Then, multiply the total odds by the bet amount to determine the potential payout.

Example: Parlay bet on 3 matches

  • Odds for Match A: 2.58
  • Odds for Match B: 2.22
  • Odds for Match C: 2.95

2.58 × 2.22 × 2.95 = 16.89x. a ₹100 bet would give you ₹1,689.

  • Parlay bets carry a higher risk, if any one match fails to win, the entire parlay bet will lose. Here’s a free parlay calculator to help you.
Parlay Calculator
Parlay Calculator
How many legs in a parlay are most profitable?

It’s recommended for beginners to start with 2-4 leg parlays to reduce the risk of losing money.

If each match has a 50% win probability, a 2-leg parlay has a 25% chance of winning, a 3-leg parlay has a 12.5% chance, a 4-leg parlay has a 6.25% chance, and a 5-leg parlay has a 3% chance.

Can different sports be combined in a parlay?

Yes, it’s called a mixed parlay, where you can combine events from different sports such as cricket, football, badminton, and more into one parlay bet.

If one leg of a cricket parlay loses, do I still win money?

No, you need all events in the parlay to win in order to make money.

How many legs can a parlay have at most?

Most sportsbooks allow up to 15 legs in a parlay.

What is the required bet amount for a parlay?

On Vegas11, the minimum bet for a parlay is ₹53.

Withdrawing winnings from Vegas11

After the match ends, the winning amount will be added directly to your account balance. You can then request a withdrawal, and the funds should be received within about 5-10 minutes.

If a withdrawal fails, it’s likely that the accumulated "valid betting amount" in your account hasn’t met the platform's requirements. You can directly contact Vegas11's 24/7 customer support for assistance.

Is there a withdrawal fee at Cricket Betting sites?

Most Cricket Betting sites do not charge a withdrawal fee for bank withdrawals, and there is no limit on the number of withdrawals. However, for USDT withdrawals, exchanges may charge a 1% - 2% transaction fee, which is not imposed by the casino.

Is there a minimum withdrawal amount at Cricket Betting sites?

Most Cricket Betting sites in India have a minimum withdrawal amount of ₹1000.

How long does it take to withdraw from a Cricket Betting site?

Withdrawal times vary by betting site. Typically, funds are received within 5 to 15 minutes, but some casinos may take up to 24 hours.

It is recommended to choose reputable casinos with high brand recognition, operating for over 5 years in India, and with positive reviews for the safest gaming experience.

What documents are required for withdrawal verification?

1. A photo of your ID card.

2. Bank account documents.

3. Photos of both the front and back of your bank card.

Withdrawal Steps
Vegas11 Withdrawal Steps
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