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WintipsSports bettingCricket Spread Betting - Information and strategy to play for newbies

Cricket Spread Betting - Information and strategy to play for newbies

Cricket is a familiar sport for the majority of online betting enthusiasts. Not only football and basketball, but cricket is also beloved and wagered upon with equal enthusiasm. The reality shows that cricket betting attracts a significant number of participants. However, you might have engaged only in betting at simpler levels and formats. In previous articles, we have mentioned the "Spread Betting" format. This is a unique, novel, and somewhat selective type of betting. In today's content, let's join Wintips to explore Cricket Spread Betting. We believe that the provided information will further enhance your fondness for cricket.

Cricket Spread Betting - Information and strategy to play for newbies
Cricket Spread Betting - Information and strategy to play for newbies

About Cricket 

Definition

Cricket is a sport that employs bats to hit the ball and is quite popular in certain countries within the Commonwealth, particularly in the United Kingdom. Depending on the region, this sport is known by various names such as:

  • Bat and Ball.
  • Stick Ball.
  • Wall Ball.
  • Wood Ball.

In Cricket, each team consists of 11 players. The game is played on a circular grass field. The objective of a Cricket match is for two teams to take turns, with one team acting as the bowling team and the other team actively batting. After all members of the batting team are out, they switch roles and become the bowling team, while the opposing team takes their turn to bat.

Game rules 

At the match's outset, one team selects two players to wield bats and stand at opposite ends of a flat area called the 'pitch.' At each end, there's a 'wicket': comprising three stumps sunk in the ground with two wooden pieces on top. The opposing team picks a 'bowler' to deliver the ball, and other members act as 'fielders.' The bowler aims to make the ball bounce and break the stumps of the wicket at the other end.

For the opposing batsmen, their goal is to defend their wicket and hit the ball away. When they hit, they run back and forth between ends, earning 'runs.' The opponents retrieve the ball, and the batsmen continue hitting and running until dismissed by the bowling team.

How to calculate points?

  • Points will be calculated in the case of running from 1 side of the field bridge to the three pillars on the other side.
  • The ball bounced outside the boundary of the field.
  • Hit the ball without contact with the ground, fly outside the boundary (even fly into the stands).

What is a point spread bet?

A point spread bet is a common wager in sports betting, especially when there's a perceived skill gap between teams. The point spread levels the field by giving the underdog a handicap. The favored team is the 'favorite': and the underdog is the 'underdog.' The spread predicts the winning margin for the favorite or the expected loss for the underdog. It's a number, and bettors can bet on either team to 'cover the spread.'

Cricket Spread Betting is a favorite among bettors
Cricket Spread Betting is a favorite among bettors

Here's how a point spread bet works:

  • If you bet on the favorite, they must win by a margin greater than the point spread for your bet to be successful. This is referred to as covering the spread.
  • If they win by exactly the spread amount, it's called a push, and your wager is usually refunded.
  • If you bet on the underdog, they can win the game outright or lose by a margin smaller than the point spread for your bet to win. Even if the underdog loses by the exact spread, you would still win the bet.

Cricket Spread Betting Overview

What is Cricket Spread Betting?

Cricket Spread Betting is a type of betting where you predict the outcome of various aspects of a cricket match. Instead of traditional bets like win/lose, spread betting focuses on the accuracy of your prediction relative to a predetermined spread set by the bookmaker. It's a more intricate form of betting that can be applied to various elements of the game, such as runs scored, wickets taken, player performances, and more.

In Cricket Spread Betting:

  • If you believe the actual outcome will be higher than the spread, you would "buy" the spread.
  • If you think the outcome will be lower, you would "sell" the spread.

Your accuracy relative to the spread determines your winnings or losses. The bigger the difference, the higher the potential win or loss. Cricket Spread Betting adds complexity and excitement, focusing on how the actual result differs from the predicted spread. Remember, spread betting is riskier than traditional bets, as losses can surpass your stake. Prior knowledge and understanding of cricket and the specific market is crucial before trying Cricket Spread Betting.

Cricket Spread Betting Rules

Cricket Spread Betting has certain rules that determine how bets are settled and how outcomes are calculated. Here are some key rules to keep in mind:

  • Spread Value: The bookmaker sets a spread for a specific market, such as total runs, wickets taken, or player performances.
  • Units: Your bet is made in "units." If you buy the spread and the outcome exceeds the spread, you win the difference in units. 
  • Stake and Win/Loss: Your potential win or loss depends on the difference between the actual outcome and the spread, multiplied by your stake per unit. 
  • Scenarios: For each spread market, there are specific scenarios that determine the outcome.
  • Void Bets: If a match is canceled or does not produce a valid outcome (e.g., due to weather conditions), the bets are void.
  • Time Frames: Bets are typically settled after the event is completed. The final statistics and outcomes are used to determine if your bet is successful.
  • Risk Management: Be cautious, as your losses can exceed your initial stake.
  • Market Variations: Different bookmakers might offer variations in their spread markets, rules, and settlement methods
  • Educate Yourself: Understanding the sport, the teams, the players, and the dynamics of the market you're betting on is crucial to making informed spread bets.
Know the rules of the game before placing a bet
Know the rules of the game before placing a bet

Always read and understand the specific rules and terms of Cricket Spread Betting for the bookmaker you're using. The rules of Cricket Spread Betting are quite simple. However, if you are a newbie, you should keep in mind a few special requirements. In this context, the efficiency gained from each new bet increases.

Cricket Spread Betting – How it works?

Cricket Spread Betting is a distinct type of wagering where you predict how certain aspects of a cricket match will compare to a predetermined spread. Here's a concise breakdown:

  • Select Market: Choose an aspect to bet on, like runs or player performance.
  • Spread Prediction: Predict if the outcome will be higher (buy) or lower (sell) than the spread set by the bookmaker.
  • Stake: Decide your bet amount per point of difference from the spread.
  • Outcome Determination: If the actual outcome surpasses the spread (buy) or falls short (sell), you win or lose.
  • Units: Bets are made in units, with winnings/losses calculated based on the difference from the spread.
  • Completion: After the match, actual stats are compared to the spread to settle bets.
  • Risk Management: Be cautious due to potential losses exceeding your stake.
  • Bookmaker Differences: Rules and markets can vary among bookmakers.
  • Research: Understand cricket and chosen markets for informed betting.

Cricket Spread Betting adds complexity and risk, so approach it with careful consideration and knowledge of the sport.

See also: The best quality free football tips for today and tomorrow

Popular Cricket Point Spread Betting Today

Runs

This is the anticipated number of runs a player will score.

Example: England vs. Australia – Kevin Pietersen runs.

  • Spread: 45 - 50 runs.
  • Outcome: Pietersen scores 75.

Gain = 25 x stake (if runs bought) / Loss = 30 x stake (if runs sold).

Team Runs

This refers to the projected total runs for a specific team.

Example: England vs. Ireland.

  • Spread: England: 178 - 183.
  • Outcome [innings total]: England [193-9] = 193.

Gain = 10 x stake (if England runs bought) / Loss = 15 x stake (if England runs sold).

Supremacy

Points are awarded to the winning team based on their margin over the opponent. Points depend on runs or wickets. The favorite's predicted margin is listed first. A negative result is possible, leading to larger wins or losses.

The types of bets with examples included are easy to understand
The types of bets with examples included are easy to understand

Example: South Africa vs. Australia.

  • Spread: South Africa vs. Australia 4 - 12.
  • Outcome: South Africa 141 - 4, Australia 110 = 31.

Gains = 19 x stake (if supremacy bought); Losses = 27 x stake (if supremacy sold).

Negative supremacy example: South Africa vs. Australia.

  • Spread: South Africa vs. Australia 4 - 12.
  • Outcome: South Africa 199 - 8, Australia 201 - 3 = -50.

Gains = 54 x stake (if supremacy sold); Losses = 62 x stake (if supremacy bought).

Win Index

Points for match winner (25) or draw (10).

Example: West Indies vs. New Zealand.

  • Spread: West Indies Win Index 17 - 19.
  • Outcome: West Indies win by 3 wickets.

Where should Cricket Spread Betting be played?

Here are the top 5 bookmakers worth considering if you are looking for an ideal playground for point spread betting in cricket:

Top 1. W88 bookmaker

When participating in betting at W88, players are often exposed to relatively aggressive point spreads that lean towards high-risk scenarios. This bookmaker is well-known within the community for offering handicap lines that are above the market average, especially in sports such as cricket, basketball, and football. For instance, if a team is considered significantly stronger, W88 might set the spread at +2.5 or even +3.0, instead of maintaining a safer margin like +1.5. Therefore, if you are a player who enjoys the thrill and prefers to back the underdog, W88 is the right destination for you.

W88 - High handicap, suitable for players who like to take risks and bet against the odds
W88 - High handicap, suitable for players who like to take risks and bet against the odds

However, to be successful when playing here, you must know how to read line movements and wait for the golden timing to place your bets. This is because the spreads offered by W88 tend to adjust rather quickly meaning the bookmaker reacts promptly to match news, line-ups, and injury updates. As such, just a single mistake in timing your bet placement could cost you the entire initial advantage. This is a place that demands not only the ability to "play," but also the skill to "read."

Top 2. Fun88 bookmaker

Fun88 offers a balanced yet highly effective approach. The spreads at Fun88 are priced very closely to the Asian market standards, allowing players to feel confident that they are not being unfairly priced as is the case with certain foreign platforms. The handicap levels are typically set at +0.25, +0.75, or +1.5, which are very common in Asian betting and easy to combine with other types of wagers.

Fun88 - Balanced spread, extremely suitable for cross-betting and handicap betting
Fun88 - Balanced spread, extremely suitable for cross-betting and handicap betting

What is particularly interesting is that Fun88 excels in parlay betting enabling players to combine multiple spreads in order to optimize profits. If you are someone who is strategic and enjoys blending handicap bets with over/under and side bets, then Fun88 is a hunting ground for great value. The betting environment here is stable enough for single bets and diverse enough for combination bets, creating optimal conditions for players to craft their own strategies.

Top 3. FB88 bookmaker

FB88 stands out for its flexible and diverse approach to spread offerings especially in the point spread category. For each match, you can often find between three to five different spread levels, giving players the ability to customize their wagers according to their preferred risk level. This is a major advantage for players who like to allocate capital wisely by betting on multiple lines to increase their chances of a full or partial win.

FB88 - Many flexible handicap levels, easy to play for both newbies and professionals
FB88 - Many flexible handicap levels, easy to play for both newbies and professionals

FB88 usually updates its spreads in close alignment with real-time match developments not too early like M88 and not too late like some smaller bookmakers. This helps you stay informed and react in a timely manner. Additionally, the spreads at FB88 are generally set at reasonable levels not too risky, yet not too conservative making them suitable for both beginners unfamiliar with betting lines and experienced players seeking to secure easier-to-predict matches. If you are looking for a user-friendly platform with many options and accessible betting lines, FB88 is definitely worth considering.

Top 4. M88 bookmaker

M88 adopts a distinctive style in setting lines, leaning toward protecting the interests of the bookmaker, as clearly reflected in their cautious spread settings. Here, you will rarely find "heavily skewed" handicap lines unless there is a major shift in the market. This makes M88 a safe playground for those who like to place large bets but dislike taking unnecessary risks.

M88 - Early odds, leaning towards defense and traditional analysis
M88 - Early odds, leaning towards defense and traditional analysis

Moreover, M88 often sets its spreads very early sometimes even before other bookmakers update theirs. This opens up opportunities for players who prefer early bets, allowing them to lock in favorable lines before the market reacts. However, because M88’s handicaps are typically based on traditional statistical models, the platform is less flexible in making real-time adjustments to the spread. In other words, this is a place for analytical players who are not swayed by emotions and are willing to commit to a long-term, well-defined strategy.

Top 5. BK8 bookmaker

BK8 on the other hand, offers a contrasting approach emphasizing stability and a balance between risk and reward. The spreads here are generally conservative, catering to players who prefer the “slow and steady” betting strategy. For example, when a strong team holds a clear advantage, BK8 will usually keep the point spread within the range of +1.25 to +1.75, avoiding overly aggressive lines in order to protect both the player and the bookmaker. This makes BK8 an ideal platform for those who prefer logic-based, rather than emotion-driven, betting.

BK8 - Stable spreads, ideal for tactical play and risk control
BK8 - Stable spreads, ideal for tactical play and risk control

Another major advantage of BK8 is its low profit margin meaning you can earn more on winning bets compared to some other bookmakers offering the same odds. The spreads are transparent and clearly displayed, accompanied by straightforward line movement charts, making the betting experience highly suitable for seasoned line readers. With BK8, you are entering a betting environment where strategy and patience are the key ingredients for success.

Conclusion

The above encompasses all the information regarding the Cricket Spread Betting format, along with detailed explanations. It's easy to see that cricket betting is truly intriguing, isn't it? It's not easy for any sport to attract as many bettors as cricket does.  You can choose betting companies or bookmaker apps to start cricket betting right now. Wishing you success and good fortune with cricket spread betting in 2025.

See also: Rugby league handicap betting - Overview of information

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