Cricket Bet Types Explained

Markets, Odds, and Settlement Logic

Cricket betting offers a wide range of market types that behave differently depending on match format, timing, and settlement rules. Unlike simple "win or lose" bets, cricket markets are designed to reflect the unique flow of the game, including innings structure, overs, weather impact, and live momentum changes.

This guide explains the most common cricket bet types used across sportsbook and exchange-style platforms, with a focus on how each market works, how odds are applied, and how bets are settled. The explanations below follow industry-standard logic used by professional cricket betting providers serving players in Bangladesh and Myanmar.

Educational content only. No betting strategy or profit guarantee is implied.

Match Winner (Moneyline)

What Is a Match Winner Bet in Cricket?

The Match Winner market is the most straightforward and widely used cricket bet type. In this market, players simply select which team they believe will win the match. The outcome is determined by the official match result as declared by the governing body or tournament authority.

However, unlike football, cricket matches can end in situations such as No Result, Tie, or Super Over, which directly affect how Match Winner bets are settled. If a match is abandoned due to weather before meeting minimum overs requirements, Match Winner bets are typically void. If the match result is decided using the Duckworth–Lewis–Stern (DLS) method, the DLS-adjusted winner is used for settlement.

In tournaments that allow Super Overs, the Super Over winner is usually considered the official match winner unless stated otherwise in the market description. This distinction is important because different platforms may label markets as "Match Winner (Including Super Over)" or "Match Winner (Regular Overs Only)."

Key Settlement Points

  • Official result as declared by governing body is final
  • DLS-adjusted winner counts for settlement
  • Super Over winner typically counts unless specified otherwise
  • Bets void if match abandoned before minimum overs

Important: Because of these variations, players should always review the market description before placing a Match Winner bet, especially during knockout matches or rain-affected fixtures.

Handicap Bets (Run Line / Asian Handicap)

How Handicap Betting Works in Cricket

Handicap betting in cricket is designed to balance uneven matches by giving one team a virtual advantage or disadvantage in runs or wickets. This market is commonly used when one team is significantly stronger than the other, making simple Match Winner odds unattractive.

For example, a team may be given a -10.5 run handicap, meaning they must win the match by at least 11 runs for the bet to be successful. Conversely, a weaker team might receive a +10.5 run handicap, allowing them to lose by up to 10 runs while still covering the bet.

Handicap bets are settled after the final result is confirmed, including any DLS adjustments. In rain-affected matches where the official result stands, handicap calculations are applied to the final adjusted score. If the match is abandoned with no official result, handicap bets are usually void.

Example: Strong Team

Team A: -10.5 runs

Must win by 11+ runs for bet to win

Example: Weak Team

Team B: +10.5 runs

Can lose by up to 10 runs and bet still wins

Why Popular: Handicap markets are popular among experienced bettors because they offer more competitive odds and reflect relative team strength more accurately than simple winner markets.

Over / Under (Total Runs or Wickets)

Understanding Over/Under Markets in Cricket

Over/Under betting allows players to wager on whether a specific statistic will exceed or fall below a predefined line. In cricket, this typically includes total match runs, team runs, innings runs, or total wickets.

For example, a market may offer "Total Match Runs Over/Under 312.5." If the combined runs scored by both teams exceed 312, the Over bet wins; otherwise, the Under bet wins.

Settlement depends on the completion of the relevant innings. If a match is shortened but officially completed under DLS, Over/Under bets are settled based on the final adjusted totals. However, if the relevant innings does not reach the minimum threshold defined by the market, the bet may be void.

Common Over/Under Markets

Match Total Runs

Combined runs by both teams

Team Total Runs

Single team's total runs

Innings Total

Specific innings score

Powerplay Runs

First 6 overs (T20/ODI)

Live Betting: Over/Under markets are especially common in live betting, where lines update dynamically based on run rate, remaining overs, and wickets lost. Because these markets are sensitive to in-play events, odds can change rapidly during live action.

Session & Inning-Based Bets

What Are Session Bets in Cricket?

Session betting focuses on specific segments of a match rather than the final result. Common session markets include Powerplay runs, first 10 overs, first innings total, or team to score highest in a specific phase.

These markets are popular in live betting environments because they allow players to engage with the game in smaller time frames. For example, a bet may be placed on whether a team will score more than 55 runs in the first 6 overs of a T20 match.

Session bets are settled once the defined segment is completed. If the session is interrupted and cannot be completed, the bet may be void depending on platform rules. Unlike full-match markets, session bets are less affected by overall match outcomes and more influenced by immediate performance.

Powerplay Runs

First 6 overs total

First 10 Overs

Opening phase runs

Over-by-Over

Specific over total

Important: Session bets are less affected by overall match outcome and more influenced by immediate performance. They offer faster results but require close attention to in-play conditions.

Player Performance Markets

Individual Player Statistics

Player markets focus on individual performance rather than team outcomes. These markets are popular because they allow bettors to leverage knowledge of specific players' form, conditions, and matchups.

Common player markets include Top Batsman, Top Bowler, Player Runs Over/Under, Player Wickets, and Most Sixes/Fours. Settlement typically requires the player to participate in the match - if a player doesn't bat or bowl, bets are usually void.

Batting Markets

  • Top Batsman - Highest scorer in match/innings
  • Player Runs O/U - 30.5, 50.5, 100.5 runs
  • Most Sixes/Fours - Player with most boundaries

Bowling Markets

  • Top Bowler - Most wickets in match/innings
  • Player Wickets - 2+, 3+ wickets
  • Best Bowling Figures - Economy rate, maidens

Critical Rule: Player must participate for bet to stand. If a player doesn't bat or bowl due to injury, tactical decision, or match conditions, bets are typically void.

Exchange-Style Markets (Back & Lay)

Exchange Betting vs Traditional Sportsbook Markets

Exchange-style cricket markets allow users to bet for (Back) or against (Lay) an outcome, effectively acting as a market participant rather than betting against the platform. Odds in exchange markets are determined by supply and demand, not fixed pricing.

This structure offers greater flexibility but also introduces additional complexity. Exchange bets may settle differently during abandoned matches or unusual situations, and liquidity plays a major role in price stability.

Exchange markets are commonly used for Match Odds, Session Markets, and Player Performance, and are best suited for users who understand how market-driven odds work.

Back (Bet For)

Betting on an outcome to happen. Similar to traditional betting.

Example: Back Team A to win at odds of 2.00

Lay (Bet Against)

Betting on an outcome NOT to happen. Acting as the bookmaker.

Example: Lay Team A to win - you win if they lose or draw

Key Differences from Sportsbook

  • Market-Driven Odds: Prices determined by supply and demand, not platform
  • Liquidity Impact: Price stability depends on market activity and volume
  • Commission: Typically charged on net winnings (e.g., 2-5%)
  • Settlement Variations: May differ during abandoned matches or unusual situations

Advanced Users Only: Exchange markets offer greater flexibility but require understanding of market-driven odds, liquidity, and settlement mechanics. Best for experienced bettors.

Summary: Choosing the Right Cricket Bet Type

Cricket offers a diverse set of betting markets designed to reflect the complexity of the sport itself. Match Winner bets provide simplicity, while Handicap and Over/Under markets offer more nuanced exposure. Session and exchange-style markets allow deeper engagement but require a stronger understanding of settlement logic.

Choosing the right bet type depends on match format, platform rules, and personal familiarity with cricket dynamics. Understanding how each market works is essential for avoiding confusion and ensuring informed participation.

This documentation does not guarantee outcomes. Cricket betting should be treated as entertainment, not income.