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Types of Cricket Bets: Complete Guide to Betting Markets

Types of Cricket Bets: Complete Guide to Betting Markets

Last Updated on July 23, 2026 by Maurya

Cricket betting looks simple from the outside. You pick a team, you back them to win, and you wait. But spend five minutes on any sportsbook during an IPL match or an Ashes Test and you’ll see dozens of markets stacked on top of each other — top batter, method of first dismissal, runs in the first over, session winners, and plenty more. For a newcomer, it’s overwhelming. For an experienced punter, it’s where the real value hides.

  1. Match Winner (Match Odds)

This is the foundation of cricket betting and the market with the highest liquidity by far.

How it works: You back one team to win the match. In limited-overs cricket (T20s and ODIs), it’s usually a two-way market — Team A or Team B — because ties are rare and often resolved by a Super Over. In Test and first-class cricket, the draw becomes a genuine third outcome, turning it into a three-way market.

What sharp bettors know: Match odds move dramatically with the toss, pitch reports, and weather. In day-night ODIs at venues where dew makes chasing easier, the team batting second often gets a meaningful edge that pre-toss odds don’t fully reflect. In Test cricket, the draw is chronically underestimated by casual bettors when rain is forecast for days four and five.

Common mistake: Betting the favourite blindly. T20 cricket in particular is high-variance — a strong side loses to a weaker one far more often than in most sports because a single over can swing a match.

  1. Outright / Tournament Winner

How it works: You bet on which team will win an entire competition — the World Cup, the IPL, the Big Bash, a bilateral series. These are long-term (“ante-post”) bets placed before or during the tournament.

Things to consider: Odds on outrights are longest before the tournament begins, but so is your uncertainty. Squad injuries, form, and even scheduling (which team gets the friendliest venues) all matter. Many bettors prefer to wait until the group stage reveals genuine form, accepting shorter odds for better information.

Related market — series winner: In bilateral series (e.g., a five-Test series), you can back a team to win the series rather than an individual match. Series score betting (predicting the exact result, like 3–1) offers longer odds for those confident in a specific outcome.

  1. Top Batter / Top Bowler Markets

These are among the most popular player-based markets, and among the most misunderstood.

Top team batter: You pick which player will score the most runs for their team in a match (or an innings, depending on the book’s rules). Openers carry a structural advantage in T20 cricket — they face the most deliveries and get the powerplay fielding restrictions — which is why they’re usually priced shortest.

Top match batter: Same concept, but across both teams. Harder to hit, longer odds.

Top bowler: Most wickets for a team or in the match. Death-overs specialists in T20 and new-ball bowlers in Tests tend to dominate here, but conditions matter enormously — a raging turner in Chennai changes the calculus completely compared to a green seamer at Headingley.

Read the rules: Bookmakers differ on how they settle ties, what happens if a player doesn’t bat, and whether the market covers one innings or the whole match. This is one of the markets where settlement rules genuinely change the value of a bet, so read them before you place anything.

  1. Player Performance Markets

Beyond “top” markets, sportsbooks now offer a deep catalogue of individual player props:

  • Player runs over/under: Will Virat Kohli score more or fewer than 32.5 runs? These lines are set per match and are the bread and butter of prop bettors who study matchups (batter vs. specific bowling attacks, venue history, recent form).
  • Player to score a fifty/century: A yes/no market with longer odds. Century markets in T20 are lottery-adjacent; in Tests and ODIs they’re more predictable for elite, in-form batters on flat pitches.
  • Player wickets over/under: Same concept for bowlers.
  • Player boundaries: Number of fours or sixes an individual will hit.
  • Method of dismissal: How a specific batter will get out — caught, bowled, LBW, run out, stumped. Caught is statistically the most common dismissal in professional cricket, which is why it’s always the shortest price.

Why these markets attract serious bettors: Bookmakers price hundreds of props per match, and they can’t sharpen every line equally. Bettors who genuinely know a player’s record against left-arm spin, or a venue’s boundary dimensions, occasionally find soft lines here that don’t exist in the heavily-traded match odds market.

  1. Innings and Team Total Markets

Innings runs over/under: Will the team batting first score more or fewer than, say, 168.5 in a T20? This is essentially cricket’s version of the totals market in other sports. Pitch reports, average first-innings scores at the venue, and boundary sizes drive these lines.

Team total (bands): Some books offer bracketed outcomes — e.g., 140–159, 160–179, 180+ — with correspondingly better odds for narrower predictions.

Runs in the first over / first six overs (powerplay): Short-window markets popular with in-play bettors. The powerplay runs line is a favourite of bettors who track opening batters’ intent and opening bowlers’ economy rates.

Highest opening partnership: Which team’s opening pair will put on more runs. A niche market, but one where knowledge of specific opening combinations pays off.

  1. Session and Segment Betting (Test Cricket)

Test cricket’s length creates markets that don’t exist elsewhere:

  • Session betting: Backing outcomes within a single session (morning, afternoon, evening) — most commonly session runs or session wickets over/under.
  • Day of result: Which day the Test finishes on, or whether it goes the distance.
  • Lead after first innings: Which team will hold the first-innings advantage.

Session markets reward bettors who actually watch the game and can read a pitch’s behaviour hour by hour — a genuine edge over models that only see the scorecard.

  1. Toss and Pre-Match Markets

Toss winner: A pure coin flip, priced close to even money on both sides. There is no edge here, ever, and no analysis that helps. If you bet it, you’re betting for fun — which is fine, as long as you know that’s what you’re doing.

Toss and match double: Combining the toss winner with the match winner for longer odds. Occasionally interesting at venues with an extreme toss advantage (day-night matches with heavy dew, or deteriorating subcontinental pitches where batting first is close to decisive).

  1. Match Specials and Exotic Markets

This is the long tail — markets built for entertainment more than analysis, though value occasionally appears:

  • Man/Player of the Match: Predicting the official award winner. Note that this leans heavily toward players on the winning side and toward match-defining batting performances.
  • A fifty/century/hat-trick to be scored in the match: Yes/no markets on milestone events.
  • Most sixes: Which team hits more.
  • Odd/even runs: Whether a team’s total is odd or even — pure coin-flip novelty.
  • Method of first dismissal / first-wicket method: How the first wicket of the match falls.
  • Tied match: Rare, priced accordingly long.
  1. Handicap and Spread-Style Markets

Handicap betting: One team gets a virtual runs head start (e.g., Team B +25.5 runs). Useful when one side is a heavy favourite and the straight match odds offer no value. Handicaps in cricket are settled on the run margin (or wickets, depending on the book’s rules for chases), so read settlement terms carefully — this market has more rule variation between bookmakers than almost any other.

Exchange trading: On betting exchanges, cricket’s slow-burn nature makes it one of the most traded sports in the world. Traders back and lay the same outcome at different odds as the match swings, aiming to lock in profit regardless of the result. This is closer to financial trading than traditional betting and comes with its own learning curve, commission structures, and risks.

  1. Live (In-Play) Betting

Almost every market above has a live version, with odds recalculating ball by ball. Cricket is arguably the best in-play sport there is: wickets cause instant, violent odds swings, and momentum genuinely shifts within overs.

Two honest warnings, though. First, latency: the odds you see are seconds behind the live action, and the pictures you’re watching may be further behind still. Bookmakers protect themselves with bet delays; casual bettors reacting to what they just watched are often too late. Second, chasing: in-play betting’s speed makes it the easiest format in which to chase losses. Decide your stakes before the match, not during it.

How to Choose the Right Market for You

A few principles that separate disciplined bettors from the crowd:

Match your market to your knowledge. If you follow one team obsessively, player props and team totals reward that depth far more than match odds, where the whole market’s opinion is already baked in.

Respect variance by format. Test cricket outcomes are the most predictable; T20 is the least. Adjust stake sizes accordingly — the same confidence level justifies a smaller stake in T20.

Read settlement rules before you bet, not after. Rain rules (DLS), tie rules, minimum-overs requirements, and “player must bat” clauses vary between bookmakers and regularly turn winning positions into voided or losing ones.

Track everything. Keep a record of every bet, the market, your reasoning, and the result. Most people who think they’re profitable aren’t; a spreadsheet tells the truth.

Set limits and keep them. Deposit limits, loss limits, and time limits exist on every licensed platform for a reason. If betting ever stops feeling optional, support exists — organisations like GamCare (UK), the National Council on Problem Gambling (US), and equivalent bodies in most regulated markets offer free, confidential help.

Final Thoughts

Cricket offers one of the deepest betting menus in all of sport — from the straightforward match winner to session runs, method of dismissal, and everything between. The bettors who last aren’t the ones who know the most markets; they’re the ones who understand a few markets deeply, read the rules, manage their bankroll, and treat the whole thing as entertainment with an analytical edge rather than a source of income.

Start with the markets you understand, stake small, and let your knowledge — not the adrenaline of a last-over finish — decide where your money goes.

FAQs

What is the most popular cricket betting market? The match winner market, by a wide margin. It carries the deepest liquidity and the sharpest odds, which also makes it the hardest market to beat.

Is the draw a realistic outcome to bet on? Only in Test and first-class cricket, where weather and flat pitches make draws common. Casual bettors consistently underprice the draw when rain is forecast.

Which cricket format is best for betting? It depends on your goal. Test cricket rewards patient, analytical bettors with lower variance. T20 offers more markets and more action but is far less predictable.

Are player prop bets easier to win than match bets? Not easier — but they can be less efficiently priced. Bookmakers can’t sharpen hundreds of prop lines per match, so genuine specialist knowledge finds more value there than in match odds.

Is cricket betting legal? It depends entirely on where you live. It’s legal and regulated in the UK, Australia, and many other markets, but restricted or prohibited in others, including most Indian states. Always verify local laws and use licensed operators only.

Maurya
About Maurya

Maurya is an experienced iGaming writer at JackpotBetOnline, bringing more than 15 years of industry experience across online casinos, sports betting, slots, bonuses, payment methods, and betting markets. With a reader-first approach, Maurya creates clear, well-researched, and practical content while closely following the latest iGaming trends, regulatory developments, new casino releases, and responsible gambling practices.