How to Read Betting Odds for Cricket – From a Complete Beginner’s Guide

When it comes to sports betting, cricket is probably the most popular game, not just in England but around the world. It is a game that has been around for centuries and is known for being a great team game, great for socialising and entertaining, as well as being a source of entertainment, especially when it comes to the Ashes, the annual test series between England and Australia. It has been so popular that the sport has created odds that can be fun to bet on, whether you are a passionate cricket fan or not. It can be tricky to navigate if you are not familiar with how to read betting odds for cricket, so here is a simple guide to help you out.

Get To Know The Terms

To start with, there is a distinction to be made between first-class and second-class cricket. The former is played between countries, with each side playing two tests, and the latter takes place between teams, with each match being worth five or ten points, depending on the competition. In both cases, matches are played between June and October, with the summer months being the most popular with cricket fans, and all matches, except those involving the England national team, being between days 1 and 14, with day 1 being the earliest match and day 14 the latest. The exception to this is the international test matches, which are given their own set of terms, such as the captain’s run and the golden opportunity.

Cricket Is Predominantly Played In England

It is well known that most cricket is played in England, with the country winning the unofficial World Cup in 2018, having hosted the previous year’s edition, as well as the ICC Cricket World Cup in 2019. The reason behind this is that, historically, cricket was mainly played as a leisure sport by the upper classes, and it was only in the 19th century that the game started becoming more popular amongst the general public. Even now, three months of the year is considered prime time for cricket in England, with matches usually taking place on Saturday afternoons, although this is less common now as football, the other major sport in England, has overtaken cricket in popularity, especially amongst millennials. The exception to this is during the school holidays, when children, and especially young boys, become obsessed with cricket and play it night and day, meaning that matches might be played on a Thursday or Friday night as well as Saturday afternoons. In addition to this, English cricket fans will often travel to other countries to support their teams in tests and ODIs (One-Day Internationals), with the United Kingdom hosting as many as seven major international events per year, the most prominent of which is the Ashes, the name given to the annual test series between England and Australia, which sees the two countries battling it out for dominance in the sport.

Which Country Does Cricket Come From

Cricket has been around for so long that it is difficult to pinpoint exactly where it came from. The closest that anyone has got is James Wiseman, an English clergyman, who lived in India in the 18th century and introduced the sport to the country. Since then, cricket has caught on in popularity and is now played around the world, with the number of Test Match cricket matches passing the million mark in 2019. The next closest countries to cricket’s origins are also members of the Commonwealth, including Australia, New Zealand and the United Kingdom, the latter two being the most prominent countries in the sport. The game’s popularity has also extended to North America, where minor cricket leagues have sprung up, with several professional teams, such as the Milwaukee Brewers and the Toronto Raptors, having their own cricket teams, as well as college and university campuses creating their own leagues. In addition to this, USA cricket fans will often travel to England to attend Test Match cricket matches, with several college and university campuses hosting their own cricket teams.

The Most Popular Currency For Cricket Betting Is..

It is well-known that cricket is a very popular sport to bet on, especially with the Ashes, the series between England and Australia, drawing in huge betting markets every year. The most popular currency to bet on cricket with, however, is not pounds sterling or dollars, however, it is the rupee. This is mainly down to the fact that, historically, India has been a country that loves to gamble and has a very vibrant betting industry, especially when it comes to cricket. This is because, for many years, betting in India has been banned, with the government deeming it unethical, due to the country’s huge population and many illegal gambling businesses existing in the country. This is why, when you see odds for cricket, you will often see them written in Indian rupees, with even money (fair odds) being the most popular choice, followed by underdogs and then favourites.

Why Should You Always Trust The TRS (The Racing Society)

The term ‘The Racing Society’ is typically used when referring to the Tote (the governing body for horse racing in England and Wales), in order to provide some perspective. This is because, historically, most of the early pioneers of football, the game we now know as football, often set up shop in London and, as such, became known as ‘The London Football Club’. The London Football Club would go on to become the forefathers of modern football and the Tote would recognise their contribution by giving them the nickname, ‘The Racing Society’. This is why, when you see odds for cricket, you should always trust the Tote, as they are meant to be the authority on all things related to horseracing in England and Wales.

It Is Viable To Bet Against The Run Of House

Just like any other sport or activity, there is always the opportunity to bet on the outcome of a cricket match, with this specific wager, known as ‘Back The Run Of House’, offering the bettor the chance to bet on the team that will score the most runs (a ‘run’ is how they score run-outs in cricket). This is a very popular choice amongst cricket fans, especially those in the United Kingdom, where run-outs are relatively uncommon, due to the sport’s origins, and, as such, there is a greater tendency towards batting, the team’s that score the most runs batting first, offering the bettor the chance to bet on which team will score the most runs, as opposed to which team will win, with this option becoming more attractive as the size of the pointspread increases. For example, a 50/1 (one-and-a-half to one) run-out spread might mean that you could make a profit of £100 on Back The Run Of House, whereas a 150/1 (one-and-a-half to two) run-out spread would mean that you could make a profit of £500, which is a lot of money to be made from a trivial wager, one that is based on statistical chances, rather than on the form of the teams or the quality of their individual players.

Which Side Is My Money Best On?

It is always interesting to see which side of the betting ring your money is best on. The most popular option amongst cricket fans is to put your money on the side of the team that they feel is going to win. This is mainly because they feel that, historically, this is the most profitable option. The exception to this is when they feel that the team they support is a clear favourite to win, in which case they might want to put their money, or part of their stake, on that side. If a match is tied after each team has scored the same number of runs, a classic situation in an England v Australia test match, for example, then the option to choose a ‘no result’ outcome, whereby your stake is returned to you, is a popular choice amongst those who want to hedge their bets or just play it safe.

Why Would I Choose To Bet On Underdogs?

Underdogs are by far the most fun option when it comes to betting on cricket. This is mainly because, historically, the odds are generally very favourable towards the underdog, with these odds typically increasing the greater the disparity between the two teams. For example, take the 2019 Ashes, the most recent test series between England and Australia. At the time of writing, England were 3/1 (three to one) underdogs, with Australian odds of 4/1 (four to one) and 5/1 (five to one) for the series. Due to the dominance of the two countries in the sport, as well as the general public’s dislike of ‘establishment’ cricket, teams such as New Zealand, which the general public often consider to be Australia’s main rival, are widely admired for turning down invitations to join the Cricket World Cup, preferring to focus on domestic cricket, instead.

Additional Reading

If you want to read more, you can click on the links below to access more detailed information on specific topics relating to reading betting odds for cricket: