The innovation of websites and mobile cricket betting has made it among the most loved sports in South Africa. You can now watch matches and place bets at the comfort of your home. Finding the best Cricket betting sites can be challenging, especially if you decide to do it on your own.
To make your work easier, we have listed our top cricket sportsbooks for South African players. You can bet on any of the sites with the confidence of reliability and safety.
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Online cricket betting is simple, but there are more complex bet types suitable for experienced players. Here are the most common cricket bet types.
The list is quite extensive and varies in different betting sites.
Cricket odds are based on two factors, chance or probability of an outcome and margin. Take an example of a match between South Africa and New Zealand.
For instance, if the probability of South Africa winning is 50%, New Zealand is 20%, and drawing is 30%, the total probability is 100%. From this, a bookmaker will offer odds on the three outcomes.
When it comes to the margin, bookmakers operate on a specific set of margins. They determine the value you get from your bets. High margins mean low value to a bettor. The best way to compare cricket odds is actually looking at the margins.
Calculating the value of your bet is essential in cricket betting. It helps you know whether placing the bet is worth it. Wondering how value calculation is done? It is very simple.
Bet Value= (Odds (Decimal) x Your Assessed Probability) – 1
Take our example of a South Africa and New Zealand match. Let’s say a bookmaker offers 3.0 for the South Africa team to win, and based on the past performances; you feel that the probability of this team winning the match is 60%.
The value of this bet will be (3.0 x 60%)-1= 0.8
Given 3.0 odds and 60% estimated probability, the value of placing this is 80%. From this example, you will agree that calculating a bet value before placing a bet is so much important.
Our top bookmakers offer all the popular cricket leagues across the world. Some of the popular ones include
Technological advancements have made it possible to place cricket bets while a game is in play. Like in other sports, the live betting odds are dynamic and keep changing depending on the match’s progress.
This gives players a chance to take advantage of the highest odds. Most online cricket betting sites also offer the live streaming feature that enables bettors to watch and follow their wagers.
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