Cricket betting exchanges have gained popularity in India over the years, and today, they remain one of the biggest betting markets. With more cricket betting apps downloaded, more people are connecting and making offers to each other based on their wisdom rather than being governed by bookmakers. Cricket exchange betting, like virtual sports games, allows for maximum profits for its players, which upsets the bookmakers as they can get a piece of this win which would be the tradition with the regular bookmaker’s betting methods. A feature that stands out with this platform is that it charges the lowest commission on the net market profit, which doesn’t affect the players.
What Is Cricket Exchange Betting?
It is a wagering platform that connects people to people. It lets players wager against other players. For instance, in a match between India and England, if you think India will win, you can bet against another player who believes England will win. If your bet is successful, you get the amount the other player lost. Alternatively, they would lose what you had wagered on Indian cricket betting apps you download and play on.
It’s a type of betting that requires skill and knowledge of the two playing teams and the statistics of all their previous matches. Cricket matches have lots of statistics, even for previous matches. Therefore, it’s up to you to thoroughly research before placing the bets. Remember, you must be 100% sure of your prediction before placing your bets; otherwise, you risk chasing victories and losing money.
How Cricket Betting Exchange Works
Cricket is a famous and loved sport worldwide, and in India, it’s a favourite of many and is easier and fun to bet on. Cricket Betting live can either be market betting or match betting. In match betting, the odds will keep changing as the game progresses and the outcome becomes clearer. On the other hand, market betting provides a set price for the entire match duration, regardless of how it turns out.
While both bets have benefits, market bets tend to stand out because they offer better value. And to decide which market is best, there isn’t a wrong one provided you find one you like, offers opportunities for gaining profits, and has signup bonuses offers.
Cricket betting exchange offers almost the same chances to place bets as regular bookmakers, but there are a few differences. In the betting exchange marketplace, players can buy odds they believe will give the best possible outcomes or those that will lose. For example, take a cricket match between India and Australia, where India is expected to win.
Instead of picking odds that will place India to win, players can pick odds on Australia to lose the game. Another wager will match these bets in the online marketplace, making it a win-win situation for all players.
Some popular cricket markets you can bet on include;
- Total runs scored – this is where you have to place bets on whether the total number of runs both teams scored when combined can be under/over the number.
- First Six Overs – This is where you can place bets on teams you believe will win the match’s first six overs.
- Points Margin – This is when you place bets on the team you believe to win, and by how many points, can be +1 or -1.
- Match Handicap is placing bets on whether team A will win with less than/more than X number of runs, also known as overs handicap.
Types Of Bets Available In Cricket Betting Exchange
Cricket betting exchange is a type of virtual sports game that offers various types of bets for players to make money. The concept of this betting practice is almost the same as that of the stock exchange. Buyers and sellers are bettors betting on the cricket match outcome. Here are the types of bets you can place on the cricket betting exchange:
- Head-to-head – this bet involves two teams that face each other across two innings. The team whose players score the most runs during the innings wins. Head-to-head cricket exchange betting comes in various options. For instance- the team that will score the most sixes ( sixes heads), the team who will win the first five overs (overheads), or the team who will have more wickets at the end of the innings (wickets heads).
- Match Winner – this bet plays out if a team wins the match outright. Players must place this bet before the match begins. While most players tend to bet on their favourite players, it’s crucial to determine and be sure they will win before placing their money on this bet. They might not win straight off, and you will be stuck chasing victory. Therefore, don’t risk your cash unless you are sure they will win and are 100% confident.
- Over/Under Nine and a Half Overs – this bet allows the players to bet whether less than or more than 9 1/2 overs will be bowled in the game. Players must know how many balls are required for ten full matches to work out this bet. So, ten by 20 will give 200 balls per over, and 9.5 overs means there should be more than 200 balls per over. That means it’s less likely that less than ten overs will be bowled.
Playing on a cricket betting exchange is quite different from traditional bookmakers. These differences are necessary to understand before you start your betting experience. This guide covered most of the ins and outs of the platform and all that you need to know for successful betting. Now you can create your account, claim your signup bonus offers and start experiencing an exceptional betting experience with the best possible outcomes.
