Cricket betting from scratch: understand the format before the market

By Elin Norrgård, casino analyst — updated August 2026

Cricket is the sport most European bettors open, look at once and close. That is a shame, because the market depth is enormous and the pricing in some competitions is genuinely soft. The obstacle is that cricket has three formats which are, for betting purposes, three different sports — and betting a Test match with T20 assumptions is a guaranteed way to lose money confidently. So this page starts with the formats and only then reaches the markets. Euro examples are illustrative; availability varies by country.

The three formats, in the order they matter

T20 lasts about three hours. Each side bats once for a maximum of twenty overs — 120 legal deliveries — and scores in the region of 150 to 200. Batters attack from the first ball because there is no time to build, so variance is enormous and the better team loses often. For betting, a T20 match winner market is close to a weighted coin flip and prices sit near 1.80 on both sides in most fixtures.

ODI — one-day international — gives each side fifty overs and lasts a full day. Scores land around 250 to 320. There is time to recover from a bad start, so quality reasserts itself more than in T20, and the market prices favourites more sharply.

Test cricket runs up to five days with two innings each. It is the only format where the draw is a real outcome: if neither side can force a result in the available time, the match is drawn, and that happens in a substantial share of Tests. The three-way market is therefore genuine, and prices breathe across five days — a team can be 5.00 in the morning and 1.30 by evening after one collapsing session.

FormatLengthOvers per sideTypical scoreDraw possible?
T20≈3 hours20150–200No (tie decided by super over)
ODI≈8 hours50250–320No, except ties
TestUp to 5 daysUnlimited, two innings300–500 per inningsYes, and frequently

Match winner and the toss

The match odds market is two-way in the limited-overs formats and three-way in Tests. Convert prices as usual: 1.75 and 2.20 imply 57.1 and 45.5 percent, totalling 102.6 percent, so this market carries about 2.6 percent margin — competitive by any standard, and one reason cricket rewards the effort of learning it.

The toss deserves a paragraph because it is genuinely predictive, not folklore. The captain winning the toss chooses to bat or bowl first, and on a pitch that deteriorates over a Test the side batting first has a real advantage; in evening T20 matches, dew makes the ball slippery for the bowlers, so chasing is easier and captains almost always bowl first. Some books price a toss market, but the more useful application is knowing that a match odds price taken before the toss carries uncertainty that a price taken after does not.

Total runs and innings markets

Total innings runs is the cricket equivalent of a goals line, and it is the market where venue knowledge pays most directly. First-innings par scores per ground are published and vary enormously: a T20 par of 190 at one venue and 155 at another is normal, and that gap dwarfs any difference between the teams playing.

Related markets follow the same logic. Powerplay runs — the first six overs, when fielding restrictions apply — is a bet on an aggressive opening pair against a particular new-ball attack. Fall of first wicket, runs at the end of a stated over, and the highest opening partnership all break the innings into segments you can price if you know the conditions.

Top batter, top bowler and method of dismissal

Top batter asks who scores most runs for a side. It is a market where batting order is decisive: an opener faces far more deliveries than a number six and is systematically more likely to top the innings, which the price reflects only partially. Confirm the batting order before betting, because it changes between matches more than newcomers expect.

Top bowler is the wickets equivalent, and the same logic applies through overs bowled — a bowler who gets four overs at the death has different opportunities from one bowling in the powerplay.

Method of dismissal — caught, bowled, lbw, run out, stumped — is a novelty market. Caught is by far the most common at roughly 55 to 60 percent of dismissals, and the prices carry a margin often above 12 percent. Fun, expensive, small stakes.

Rain, and how the DLS method settles a match

Weather is not an edge case in cricket, it is a structural feature. When rain shortens a limited-overs match, the result is decided by the Duckworth-Lewis-Stern method, usually shortened to DLS.

The idea is simpler than its reputation. A batting side has two resources: overs remaining and wickets in hand. DLS keeps a table of how much scoring capacity a team has left for every combination of the two, and when overs are lost it recalculates the target in proportion to the resources each side actually had. A team chasing 280 in fifty overs that loses ten overs to rain does not face a linear reduction — because they still have all their wickets, their revised target is proportionally higher than a simple ratio would suggest.

Two betting consequences. First, in a match threatened by rain, a side batting second with wickets in hand is worth more than the scoreboard suggests, because DLS rewards preserved wickets. Second, in Test cricket, forecast rain makes the draw a live proposition and the draw price is often the most sensible bet on the card. Check the market rules for how your bookmaker treats matches abandoned without a DLS result — most void and return stakes.

Why the IPL has the deepest markets

The Indian Premier League is the most heavily bet cricket competition in the world, and depth follows money. An IPL fixture carries market coverage comparable to an NBA game: match odds, innings totals, powerplay runs, player runs and wickets lines, method of dismissal, and dozens of in-play markets updating between deliveries.

Depth cuts both ways. Enormous turnover means the main markets are sharply priced with low margins and high limits — good if you know the sport, unrewarding if you are guessing. International cricket, World Cups and the Ashes carry similar depth. Below that, the Big Bash, PSL, CPL and The Hundred offer decent coverage, and domestic first-class cricket may have three prices and a low ceiling.

In-play and staking

Cricket is arguably the ideal in-play sport: every delivery is a discrete event, prices reform between balls, and there is time to think — unlike football, where a goal reprices the market in a second. A set batter falling can shift a T20 line by ten points of implied probability instantly.

That rhythm is also the risk. A five-day Test invites overtrading, and a bettor who places forty small in-play bets pays the margin forty times. Pick moments rather than filling time. Flat stakes at one to two percent, a daily cap set before play starts, and a written log of every bet — the same discipline as any other sport, applied over a much longer day. The tools on our responsible gambling page are worth setting up before a Test series rather than during one.

Frequently asked questions

I have never watched cricket — which format should I start with?
T20, because a match finishes in about three hours and the rules you need are minimal: twenty overs each, highest score wins. Be aware that the short format has huge variance and the better side loses regularly, so prices sit close to even in most fixtures.
What is the DLS method and how does it affect my bet?
Duckworth-Lewis-Stern recalculates a target when rain shortens a limited-overs match, based on the overs and wickets each side had available. Because it rewards preserved wickets, a chasing team with wickets in hand is worth more than the raw scoreboard suggests when rain is forecast.
Why can a Test match be drawn?
Because a Test lasts a maximum of five days and needs twenty wickets to produce a result. If time runs out first — through slow scoring, a stubborn batting side or lost hours to rain — the match is drawn. That makes the Test market genuinely three-way and makes weather forecasts a real betting input.
Which cricket market has the best value for a newcomer?
Total innings runs, once you have looked up the venue's par score. Ground conditions vary far more than team quality in the short formats, first-innings averages per venue are published, and the market rewards that homework more reliably than trying to pick a T20 winner.

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