This means, whenever you win a bet all you have to do is multiply your wager amount with the odds to calculate your winnings from that match. Another case, suppose you bet 200 rupees on Australia to win the match at 2.2, and Australia actually wins the match, then you will get 200*2.2=484 rupees back. So, this is how bets work and especially how bet365 live cricket odds work.
Cricket betting on bet365 is all about odds. Those who are new to the world of cricket betting may find the odds and their representations a bit confusing. This article is titled ‘Bet365 cricket odds explained: Definitive guide' and that is exactly what we will aim to achieve.
All you do is take 100% and divide that by the probability of an outcome. For example, say the outcome is 50%. You’d do this: 100% (total) / 50% (this outcome) = 2.0. Let’s look at one more example…. Say the probability to win is 65%. The math would look like this: 100/65 = 1.54.
This guide on cricket odds will clearly explain in simpler words all about winning bets in cricket, especially IPL. You will also be able to find match odds meaning in cricket in this detailed guide. Some of you may be wondering how to understand bet365 cricket odds and find out all the details.
The website features the Bet365 cricket odds in decimals but it can be changed into fractions as per your convenience. So whichever method you choose to go with, you will make 1.5x times the amount of your bet. All in all, understanding the Bet365 cricket odds is important to make the most of your bet365 cricket bet.
Cricket Betting Odds Explained. As prospective online cricket bettors probably know, they must first open an account with a betting site and fund it, before they can make a selection and place a bet. As you are about to place the bet, you will see a display of betting odds for cricket, such as the following one from 10Cric, a reputed betting site: The chart above is a display of odds offered on some ICC World Cup matches.
Cricket Betting Odds Explained It is very important to understand how to use the odds to place winning and profitable bets and how cricket betting works in India. Since your winnings depend on the odds, you need to find the most profitable offer to get more money.
In short, the published cricket betting odds will tell you that this team is the odds on favorite to win the match. Also, the cricket betting odds will tell you about your potential payout. When you wager INR 1,000 on the Mumbai Indians to win the match, the potential payout is calculated at INR 1,540.