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Cricket Betting Odds  

Discover the best cricket betting odds in India for ALL live and upcoming cricket matches here with OCBscores.

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cricket odds explained

Cricket Betting Odds Explained 

Firstly, we want to help you learn how to understand cricket odds at online bookmakers. 

Odds essentially tell the story of how likely an event is to happen. A match odd can be turned into a percentage, which displays the bookmaker's prediction of an event's likelihood. Online cricket betting odds are normally displayed in a decimal format, but it is possible to change them to fractions or even American - we'll explain more about those later. 

Here’s an example of cricket odds: Let's say India are favorites to beat England in a one day international match taking place as part of the Cricket World Cup. The odds might be India at 1.50 to win the match. This means that for every 1 rupee staked on the bet, 1.5 would be returned if the bet won. 

How Do Bookmakers Set Their Odds? 

Betting sites use various factors when setting their odds. Naturally, the most important is their judgment of how likely an event - like a team winning a match - is to happen. To do this, they take into account things such as the form book, head-to-head records, weather conditions, pitch reports and much more. 

how bookies set their odds image with OCB logo

Match odds can also change if a lot of people are placing bets on a certain outcome. For example, India's odds to win the Cricket World Cup are always likely to be smaller than in some other countries as a result of how much money people in this country are placing on that bet. 

Lastly, bookies have a margin for their odds too. This is why you cannot back both teams to win and make money. The margin ensures that the betting site is sure to make profit overall. 

Why Are Odds Important?  

Cricket betting odds are crucial as they display how much money you can win from a bet. Lower odds means smaller returns, while higher odds means you win more money if it wins. 

While you might prefer to use the same online bookmaker for all your cricket bets, it can pay off to shop around sometimes. The difference in odds between 1.20 and 1.30 might seem small, but the higher the stake, the larger the difference in the potential profits up for grabs becomes. 

Why Do Odds Change? 

Cricket odds offered before the start of a match can change for many reasons. Perhaps news has come out of an injury to a team's star bowler, affecting their chances of winning a match. 

If poor weather is expected, then the chances of a Test match ending in a draw will increase. In turn, the cricket odds for a draw would be lowered by betting sites as a result. 

During a match, cricket odds can change rapidly, even after each ball. A wicket or a big shot can have a surprising impact on the odds available, depending on the state of the game. 

Types of Odds  

Cricket odds can be displayed in a few different ways such as:  

  • Decimal: Standard in India, examples include 1.25, 2.5, 4.0, 9.6 and so on. 
  • Fraction: Commonly found in Britain, 2/1 and 9/4 are prime examples of fraction odds. 
  • American: Sometimes called the money line, these odds are displayed as a + or -. 

How to find the Best Cricket Betting Odds? 

Here at OCBscores, we only ever recommend sites with good cricket betting odds. Our list of the best cricket betting sites in India is therefore a very good place for you to start off with if you're looking for an overall great platform to place your bets on.

But perhaps the most efficient method would be by scrolling to the top of this page and where we present the best cricket odds per match (pre-match & in-play) from our trusted partners.

However, there may be some betting sites which offer better odds for some cricket matches which we do not offer. In this case, you might need to DYOR on the sites we do not currently have partnerships with and check out their match rates manually and comparing the odds that are being offered. 

Cricket betting odds screenshot on mobile, batsman and OCBscores logo in corner

How To Use Betting Odds 

Using cricket betting odds is simple once you get the hang of it, but can be complex at first. To begin with, you need to decide which format of cricket betting odds to have prices shown as. 

Decimal odds are the standard in India and most people find that they are the easiest for working out how much profit a bet would pay. You can play around with them and see which works best for you. 

What Can I Bet On? 

You have the choice of many different markets when browsing cricket match odds online. Naturally, it is possible to bet on a team to beat their opponents, but it is also possible to place a bet on a certain batter to score a century in a match. 

Outright cricket odds for tournaments are offered too. You can place a bet on the winner of the next Cricket World Cup or Indian Premier League well in advance. We have specific sections on our site for IPL Odds and other tournament odds - Be sure to check these out!

Most betting sites carry cricket odds for plenty of competitions, including domestic clashes and games being played all over the world. 

Calculating Your Payout 

You need to know how to understand cricket betting rates if you want to work out your payout

As we mentioned earlier, most betting sites in India use decimal odds as standard, but if you want to switch how they are displayed to fractions, you can usually do this in account settings

But decimal odds are the easiest format for calculating your potential payout. This is because the number shows the return for each rupee that is staked. 

So for cricket betting odds of 8.5, anyone staking 10 rupees would get 85 back if the bet won. This includes the stake, making it very easy to see how much would be returned back to you. 

Why Do High Odds Matter? 

High cricket odds matter as they could potentially put more money in your pocket if your bet goes on to win. 

It might seem like a waste of time to compare cricket betting odds, but the difference in prices dictates the potential profits available from a bet. 

For anyone who is placing high stakes bets, a lot of money is being left on the table by not taking the time to find the highest odds for a chosen selection. 

Placing bets at lower match odds than could be found elsewhere is just letting betting sites win. 

FAQs  

The best format for cricket betting odds is a matter of personal preference. Bookies in India typically show cricket odds as a decimal by default, but changing the options in the settings allow fractions to be used instead and some bookmakers even offer American odds as well. 
For decimal cricket odds, working out potential payouts is quite straightforward. Odds of 2.0 means doubling your money, with every 10 rupees staked returning 20 if the bet wins. 
Betting on a lower price when browsing cricket odds reduces your potential winnings. Checking different betting sites for today's match price can therefore put more money back in your pocket. 
Jamie Smith, sports contributor at ocbscores.com
Jamie SmithContributor

A sport obsessive, Jamie has been writing professionally for 15 years and now specialises in online betting content. Cricket is his favourite sport to watch - and have a bet on! - with the legendary England bowler James Anderson actually hailing from his home town.

Fact checked by: Dhruv

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