Cricket is not just a sport but a religion in India, where millions of fans eagerly wait for an enthralling series. Whether it’s the IPL, tour matches, or ICC events, there is no way a true cricket fan would dare to miss any of the action.
With every cricket tournament or series, there is a chance to win big cash prizes, attracting thousands of gamblers to try their luck. However, cricket betting is not entirely luck-based; the majority of credit goes to skills as well.
Timing and awareness are everything, making it the biggest mantra to crack the winning algorithm. If you are someone who is trying to get an upper hand on these games, here are the tips you need to engrave in your mind while placing your bets.
Types of Bets in Cricket
Betting platforms like Lotus365 Shop offer two types of betting options: one is fantasy teams, and the other is live bets.
Fantasy Team
As the name suggests, fantasy team is all about creating your best possible fantasy playing 11 that is the combination of both the teams. You have to choose a minimum of 1 and a maximum of 8 players from the following categories (batsman, bowler, wicketkeeper, and all-rounder) with 100 credit limits in hand.
Each of the team players will curate points; based on that, you will rank on the points table. The ranking will decide your winnings; however, you are also required to choose a captain and vice-captain of the team, which is usually a game changer.
The captain multiplies the points of the player by 2x and the vice-captain by 1.5x, and this is where your entire fate relies on. Both the captain and vice-captain significantly impact the rankings of the team, making it a vital step for bettors.
Live Bets
Live bets let you place your stakes in-between the game; however, in fantasy bets, you cannot do such a thing. It’s a quick-time event that lets you bet on the probability of happening. For example, during an IPL match between CSK and RCB, you might be asked, will Virat Kohli hit a six in the powerplay?
The odds may be 2.00 for yes, and if you place a ₹1000 bet on yes and if that happens, you will get ₹2000 in return. The betting odds are entirely dependent on how the team starts and the game is moving forward.
So if you are clear with how the betting works in cricket, let’s move forward with when to place your stakes.
When to Place Bets?
Stats and analysis are the major factors that will help you make sensible choices. First, let’s talk about when to place stakes on fantasy team betting. You have to ensure that your fantasy teams have all 11 players playing in the match. If you end up choosing a player that is not part of the playing squad, you won’t get the points.
So the best time to create your team is just after the toss and the team has been announced. You would have approximately a 30-minute window to make necessary adjustments.
Moreover, you should not neglect factors like pitch type, venue, weather, and past performance of the players. For the live bets, things are different, and the entire strategy is a turnaround.
In live bets you need to pay close attention to the current situation and understand the factors and stats. For example, in the above passage, we talked about the probability of Virat Kohli hitting a six. As per the stats, since 2008, Virat has smashed 67 sixes in IPL powerplay in 199 innings.
So the chances of Virat hitting a six in the powerplay become 0.28%, considering the 2309 balls he faced. So this is how and when to place your bets in cricket.
Final Verdict
It’s easy to get influenced by the heat of the moment and place bets aggressively. First, ensure a proper betting strategy and set a betting limit on the amount that you can bear to lose.
Bet responsibly and take a look at the entire rules and regulations for fair participation and making informed decisions.
