Definition and Implementation of Spread Betting in Cricket

What is the strategy that you use most when betting on cricket matches? One can find numerous different answers to this question from professional bettors. But they all are meant for wages with fixed odds. What if you spice up the game? What if your next betting session was not fixed but rather had playoff spread as the primary focus?

If you know about spread betting, then it will be a breeze for you. But if you don’t, then no need to worry as we will be discussing this in detail today. Our primary focus in writing this article today is for punters to understand the value of spread betting in cricket. You will find how this betting strategy differs from others. Also, find out how you can implement it in different leagues, championships, and matches.

What is the first thing that comes to your mind when you hear “spread betting”? Is it how the word “spread” indicates a range? Yes, you are thinking correctly. The basic definition of spread betting is to bet on various outcomes. Unlike traditional fixed odds betting, this gives you a higher chance of increasing your earnings. You bet on fixed outcomes like coin toss winners or which team will win the match in regular wages. But when you are betting on spreads, the markets are more versatile. Your earnings are also ranged so that you won’t have a steady output.

Now, are you wondering what will be discussed in the article below? We have prepared this ultimate guide on playoff spread and betting for beginners and professionals. We have two main topics of discussion today: –

  • Types of Spread Betting
  • Cricket Spread Betting Examples

Types of Playoff Spread and Spread Betting

You need to know the types of available markets to understand how spread betting works fully. The main markets are based on runs, bets on series, supremacy-based bets, etc. We have shared all the markets below, but find the steps for making spread bets before that.

Step 1: Find the best that suits you, say a batsman run quote of 350-400 in a test series.

Step 2: Buy the bet if you think the outcome will be higher than 400. Sell if you believe that the batters’ final runs will be less than 350.

Step 3: Your Profit or Loss is determined at the end of the bet. Each point difference will decide your profit margins between your buy/sell level and outcome level.

Now, let’s look at all the types of betting markets available out there.

Batsman Runs: Prediction of runs scored by a single batsman in a match or an inning.

Team Runs: Prediction of the whole team’s runs in a match or an inning.

First 6/15 Over-Runs: Runs scored by a team after completing the first six or 15 overs.

Session Runs: Prediction of runs scored by a team in a session of the match.

Series Wickets: Spread a bowler’s number of wickets taken in a series.

Supremacy Bets: Margins are based on one point per run won by or on the number of wickets left multiplied by 10.

50/100 Ups: Count the total runs scored by a named batsman in a series like the Ashes Cup.

Player Runs/wickets: Total number of runs scored or wickets taken by a famous player.

Total 4s/6s/run-outs/wides: As the name suggests, the total number of 4s, 6s, run-outs, and wides during a series.

Cricket Playoff Spread and Spread Betting Examples

There are two things to note for playoff spread and spread betting during a cricket match or series. The first is “when to buy a bet,” and The second is “when to sell a bet.” You can find numerous spread markets at the beginning of a new series, say Ashes Cup. Now, how will you decide whether you want to buy or sell?

Let’s look at an example for an Australia VS England Batsmen Runs spread. You are given a quote of Australia’s first wicket at 35-39. Here you have bought 39 at Rs. 100. If Australia’s batters make a century before going down, then your profit is { 100 * (100-30)}. But if they are bowled out at say 10, then you have to incur the losses {100 * (10-39)}. Similarly, If you chose to sell at 35 in the earlier quote, the outcomes would have differed. Here, the winning scenarios are reversed as you will make a profit if Australia loses their wicket at the earliest

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