With over 2.5 billion fans in the world, cricket is second only to football when it comes to popularity. Of course, when it comes to India things are reversed and cricket is a form of religion in the country.
This has made cricket one of the most popular games to bet on in India when it comes to online gambling. Although like all sports gambling, betting on cricket is fun, you should know how to bet on cricket, before you start to wager money on the sport.
Bankroll management is a crucial element of sports betting and casino gambling. Every single bettor has heard about the subject at least once in their betting career, but the thing is that only a small number of players apply bankroll management.
An effective management strategy is the first rule of betting on cricket, and the first rule of this strategy is: don’t bet with the money you can’t afford to lose! Wagering money that is meant for other purposes will make you too emotionally invested and cause you to make irrational betting decisions.
Decide how much money you can put aside for betting on cricket and never put more than 1% to 2% of your bankroll on a single bet. A great way to keep track of all of your profits and the size of your bankroll is to create a spreadsheet or write everything down.
Separating emotions from rational decisions is the hardest thing when it comes to any kind of betting, and wagering on cricket is no exception. If you are new to betting on cricket there is a high likelihood that you will be attached to your favorite team and wager money on them. This is why you need to create a new perspective of the sport before you start to bet.
An excellent way to form objective opinions about cricket games and their outcome is to do pre-match research. The research will help you make informed betting decisions based on factors like the form of the team, injured or missing players, previous encounters, etc.
After you finish the research you will be less likely to make emotionally-based decisions and more likely to make decisions based on the data you found.
Betting on specific markets
This is probably the most underrated thing when it comes to betting on cricket. When they hear the term cricket betting or for that matter sports wagering, most punters automatically think about picking the winner of the match.
While there is nothing wrong with these kinds of bets, there are other markets that can be more profitable to focus on. Why? Because if most of the money is being wagered on the outcome of the match, the bookies will invest more time in creating odds for that market rather than for the less attractive markets. This means that these odds will have less value for the players.
On the other hand, bookies will spend less time creating odds for the less popular markets and this means that they are more likely to make a mistake and create odds with more value for the players.
Selecting the best betting site
While if you are a newbie bettor it may seem that all the betting sites have the same odds and conditions, this is far from the truth. Sports betting sites have different odds, different rules, different promotions, and different markets.
Choosing the right site for the right kind of bet can separate the profitable bettors from the ones who lose money betting.
In general, the best betting sites for bettors are the ones that pay more attention to other sports. This means that they will be late in changing and adjusting the odds for specific markets. You should take advantage of these sites and their odds by placing bets that will have more value.
Finding information about the weather
Weather can have an impact on the outcome of cricket matches, and you should consider this before you decide to bet. While this impact is not as near as big as it was before it can still change the course of the game.
Of course, the weather is not an exact science, but you should do your research the best you can. Batting conditions, wicket softness, soil moisture, and ball swing are just some of the factors that get impacted by weather.
All of this means that the more information you have on the weather conditions the higher your chances are of choosing the correct market and putting the right bet.
As you can see, there are many factors to consider when betting on cricket. Bankroll management, data research, betting on specific markets, using different betting sites, and finding the information on the weather are all non-negotiable elements of a successful cricket bettor.