7 Actionable Cricket Betting Strategies

How Does A Cricket Betting Strategy Work?

The ever-increasing popularity of cricket doesn’t solely boil down to the beautiful sport that it is; it’s also about the diverse betting options it gives to punters. The best cricket betting sites offer competitive odds across multiple markets, including straight bets (for example, match winner, outright winner), player bets (top team batsman/bowler, Man of the Match), team bets (win toss, over/under ‘n’ number of runs, first innings score), and in-play bets (method of dismissal, runs to be made off the first delivery).

An effective cricket betting strategy is one that, well, ensures (or lays the foundation of) winnings. And these can be used regardless of the type of bet you go for, be it singles, doubles, or accas.

In this guide, we will explore seven such cricket betting strategies which you can use to better your chances of making a profit from your stake.

Please note: This article is for the more advanced cricket bettor. So if you’re only starting out, we suggest you first understand the fundamentals of how to bet on cricket. This will help you learn the ropes.

Top 7 Cricket Betting Strategies

The systems detailed below can be applied to the world’s top cricket tournaments. That said, please remember that there are certain preconditions that these must follow to be able to work in your favour, as you will see when we explore this in detail. Also, there are a few other cricket betting strategies we haven’t covered as we think they’re highly volatile and even unscientific, really, and they could result in more losses than winnings.

NOTE: The seven can be used as IPL betting strategies as well, and these can be applied outside of cricket too.

  1. Dogon Strategy
  2. Flat Betting Strategy
  3. ‘Percentage of Bank’ Betting Strategy
  4. Oscar’s Grind
  5. Ladder System
  6. Danish System
  7. Kelly Criterion Betting Strategy

#1 Dogon Strategy

  • This cricket betting strategy is purely mathematical, more popular among newbies.
  • The Dogon strategy is based on the principle of ‘playing catch-up’, where you double the stakes at every step to offset all losses incurred in the previous rounds. You continue with this until you’ve recovered what you had lost with the starting bet, plus earned planned profits.
  • Please remember that Dogon is an elementary cricket betting strategy that can hold you in good stead in the short term, but if indulged in recklessly, it may lead to bankruptcy in the future. That’s because the strategy is reliant on perfect conditions and on the assumption that a bettor’s bankroll is infinite, which is actually not true, as we know.


Below is an example:

  • Round#1: You bet ₹100; lose
  • Round#2: You bet ₹200; lose
  • Round#3: You bet ₹400; lose
  • Round #4: You bet ₹800; win

Here, we bet a total of ₹1,500 over four rounds and end up with a profit of ₹100, which is essentially what we started with. Note that we would’ve registered the same profit had we won the bet at any of the earlier steps. This is what the Dogon cricket betting strategy is all about: with every subsequent bet, you try to offset all previous losses, plus earn a profit equal to the starting stake.

#2 Flat Betting

  • How to win with cricket betting if you’re a novice? The answer is Flat betting: a cricket betting strategy that’s simple, mathematical, and geared to work for punters who’re still testing the waters.
  • The principle is that you’ll go for ‘flat’ bets; that is, every stake is worth the same amount, no matter how many wagers you place.
  • If you’re risk-averse, it’s best to go with a small flat bet.
  • Flat betting is the ideal cricket betting strategy for minimising risks and ensuring you don’t erode your bankroll over time.

 

Below is an example:

Suppose you have ₹2,000 in your betting account, and your flat betting figure is a fixed ₹100. This means you place the first bet worth ₹100. If you lose, your betting account gets slashed to ₹1,900. But you don’t revise the stake, and instead, your next bet is again ₹100.

#3 ‘Percentage of Bank’ Cricket Betting Strategy

  • Yet another bankroll-based cricket betting strategy mainly beneficial for inexperienced bettors. Much like flat betting, the ‘percentage of bank’ system seeks to cut losses, minimise risks, and leave enough wiggle room for you.
  • However, for this to work, every bet of yours must be equal to a fixed percentage of your bankroll.
  • The most common slabs are conservative (1-2% of bankroll), moderate (3-5%), aggressive (6-10% ), and chaotic (= or > 10% of bankroll).
  • The author reckons that the sweet spot here is the moderate slab, where you wager 3% of your bankroll on relatively volatile outcomes and 5% on the more apparent ones.
  • Ideally, steer clear of the ‘aggressive’ and ‘chaotic’ slabs, for that would be risking too much.
  • This cricket betting strategy is sometimes also referred to as the ‘Dynamic Bank’ strategy since the absolute value of the stake depends on your bankroll.


Below is an example:

Your betting account has ₹2,000, and your ‘percentage of bank’ rate is 5%. So, your first bet is ₹100 on your team to win at odds of 2.00.

  • If your selection wins, you get a payout of ₹200, and your bankroll increases to ₹2,100. Your next wager is again 5% of your bankroll, but this time, it’s ₹105 (5% x ₹2,100)
  • Likewise, if you lose the bet, your bankroll is reduced to ₹1,900, and then your next wager would be ₹95 (5% x ₹1,900).

#4 Oscar’s Grind

  • The Oscar’s Grind cricket betting strategy is a tweak to the Dogon system. However, unlike the latter, you don’t increase your stake after every lost bet. Instead, you do that only when you win a bet, while waiting out (keeping your stake the same) the losing ones.
  • This cricket betting strategy classifies sports betting into ‘sittings’ and ‘units’. Every sitting begins with a unit bet, and it ends when you’ve earned a unit profit. For example, suppose your unit stake is ₹100, and the odds are fixed at 1.0. In that case, the ‘sitting’ will end only when you’ve earned back a profit of ₹100.
  • If you’re lucky enough and win with your very first unit bet, that would mean you’ve earned a profit of ₹100, and so, a new sitting would start.
  • However, should you lose your first bet, then according to Oscar’s Grind, you continue betting with ₹100 until your wager comes through eventually. And when you do win, your bet amount increases by the initial unit stake of ₹100. And it stays ₹200 until you win the next bet again, at which point it increases to ₹300.
  • How to win with cricket betting if you’re still new and learning the ropes? Tip: Avoid Oscar’s Grind like the plague.


Below is an example:

Serial No. Unit Stake (₹) Result Net Profit (₹)
Bet 1 100 Loss (-) 100
Bet 2 100 Loss (-) 200
Bet 3
100 Loss (-) 300
Bet 4
100 Win (-) 200
Bet 5
200 Loss (-) 400
Bet 6
200 Win (-) 200
Bet 7
300 Win (+) 100

As you can see, your sitting ends with seven wagers when you eventually end up with the ₹100 profit. However, it’s easy to understand how this cricket betting strategy could go horribly wrong and wipe out your bankroll sooner than later. If you are a regular bettor, you’d know that it’s possible to get into a woeful losing streak anytime, and should that happen, you’d end up chasing losses and wagering multiple times your original unit stake. Not a wise move by any stretch of imagination.

#5 Ladder System

  • Another straightforward, mathematical cricket betting strategy, where the whole amount you win on a bet is staked on the next bet.
  • Can be used by pros and starters alike.
  • Ideally, always choose outcomes with relatively lower odds, that is, the ones with a high possibility of panning out, for example, taking a punt on Australia in a Test match against Bangladesh. The Aussies have all the chance in the world to beat Bangladesh, so they’ll have lower odds riding on them.
  • Moreover, with this cricket betting strategy, you specify the exact number of bets in a cycle. Experts suggest you go for a 3- or 5-step ladder at the most, considering every new bet induces that one chance of losing it all.
  • The Ladder system is ideal for checking losses as you mainly bet on selections with low odds.
  • However, the major downside of this cricket betting strategy is that if you lose any bet, you lose everything.


Below is an example of a 5-step Ladder:

Step Stake (₹) Odds Profit (₹)
1 200 1.20 240
2 240 1.30 312
3
312 1.10 343.20
4
343.20 1.40 480.48
5 480.48 1.50 720.72

#6 Danish System

Ok, so you don’t have to be Danish in order to use this cricket betting strategy. That (was probably not needed) out of the way, let’s begin:

  • The Danish System is a simple, progressive cricket betting strategy, where you increase the stake by one unit (or the stake you started with) as well as the odds by at least 0.5.
  • Suppose you place a ₹100 bet on odds of 1.50. If you lose, the next bet will be worth ₹200, and you’ll be playing at odds of 2.0. If you lose again, the subsequent wager will be₹300 at odds of 2.5. So on and so forth. This will continue till you win a bet, after which the whole thing restarts.
  • This strategy has its fair share of detractors as it is undoubtedly risky. That’s because if you get into a losing streak, your bet amount and odds will keep increasing, sending your losses spiralling out of control. Also, each subsequent selection that you back — at odds of 0.50 higher than the previous – has a lower chance of winning theoretically. So you could be staring down the barrel, really.
  • The major difference between this cricket betting strategy and the Dogon system is that in the latter, you only increase the bet value with every loss, but the odds remain the same. With the Danish System, your stake and the odds go up every time you lose a bet.
  • Ergo mathematically, the Danish cricket betting strategy has more potential to help you recover past losses and bag a bigger profit as you get the progression advantage (of bet value and odds increasing simultaneously, generating a better chance to write off losses).


Below is an example:

Serial No. Unit Stake (₹) Odds Result
1 100 1.5 Loss
2 200 2.0 Loss
3
300 2.5 Loss
4
400 3.0 Loss
5
500 3.5 Win


#7 Kelly Criterion Betting Strategy

  • The primary objective of this cricket betting strategy is to strike that balance between risk and reward, helping you maximise your returns and minimise the degree of volatility.
  • From a sports betting standpoint, this strategy seeks to help you figure what’s the optimum amount you can stake on a particular bet without risking your bankroll.
  • For Kelly Criterion to work, you have to factor in the possibility (or the expected chance) of a bet to come through. That’s because only then can you stake more on a selection with a higher probability of winning, and likewise, stake less on a wager that doesn’t have as much of a chance to come through.
  • Now, coming up with this probability will require you to thoroughly understand the game/players involved, and therefore, it is imperative that you are objective and realistic in your judgement.
  • As you might’ve understood, there’s no definite answer to that ‘expected chance’ of a wager winning, and this is where the Kelly Criterion cricket betting strategy becomes complicated. Unless you can remove personal bias and assign a bet its ‘actual’ possibility with accuracy, Kelly Criterion won’t reap desired results.


The Kelly Criterion Formula

(bp-q)/b = f

where,

  • b= odds (in decimal)-1
  • p= expected chance of the bet winning
  • q= expected chance of the bet losing
  • f= percentage of your bankroll you can stake on the wager


Below is an example:

Let’s say you want to place a bet on India vs Australia, with the Men in Blue assigned odds of 3.0. According to you, the chances of India winning is 60%. So, the likelihood of India not winning is obviously 40%.

Applying the formula to this example:

b= (3 -1) = 2.0
p= 60% = 0.6
q= 40% = 0.4
Therefore, f= (bp-q)/b = (1.2-0.4)/2 = 0.4

Based on this formula, you should ideally be staking 0.4 or 40% of your bankroll on the wager. This is that sweet spot where, mathematically and in an ideal world, you can maximise your profit from the wager and minimise the risk.

T20/IPL Betting Strategy

The shortest format of the game is arguably the most exciting to bet on because the odds are typically more lucrative and move faster than ODIs and Test matches, offering you a relatively better shot at turning a profit.

However, with games coming on thick and fast and the hundreds of markets (both in-play and pre-match), nailing down a particular line of attack can be challenging. That said, to make it easier for you, here are a few IPL betting strategies, which you can also apply to any T20 match worldwide.

1. Take on over/under markets

In T20 cricket, one of the more popular bets is to predict the number of runs the batting team could score. These come in several shapes and forms, but the most common of them is the ‘over/under runs’ within the first six overs as well as in the innings.

In the first six overs of powerplay, only two fielders can be stationed outside the 30-yard circle, so the batting team tries to go hammer and tongs. In that situation, it’s good to back them to score over the projected runs. But once the powerplay is up, fielders drop back, and the batters tend to play more cautiously, so runs start drying up. When that happens (and if the batting team has lost a wicket or two), it’s wise to bet on them to score under the bookie’s run line.

2. Use team composition to your advantage

A crucial IPL betting strategy — or cricket betting strategy in general — is to understand the composition of the two teams taking the field and analyse the mini head-to-head rivalries in every game. For example, typically, it is difficult to play a bowler who spins the ball away from the batsman’s body. So, a right-handed batter finds it easier to play off-spin, while a left-hander plays leg-spin bowling more effectively.

Therefore, the idea is to search for these tiny discrepancies in both the teams and bet accordingly. For instance, look for a contest between a right-handed batsman and a leg spinner, or a big hitter who can clear any stadium with ease.

3. Watch out for early wickets

Yet another important IPL betting strategy. In T20 cricket, the key to putting up a big total on the board is not losing early wickets. So, a couple of wickets falling within the powerplay overs creates an absolute helter-skelter. At this point in live betting, it will make sense if you back the batting team and then cash out after the next few overs when the batsmen have steadied the ship, and the odds have gone down again.

4. Mind the gaps in play

We’re talking about the two strategic time-outs in a match. The bowling team must take it between the sixth and the ninth over, whereas the batting camp must take one from overs 13 to 16.

The compulsory strategic time-outs – two and a half minutes each – are really tricky as they could impede the momentum, particularly for the batting team. When play resumes, the batters often have lost concentration and can do something silly, leading to a wicket that could not have come at a more inopportune time.

However, with this IPL betting strategy, you can be ready to pounce on the advantage and make a good, quick buck using live betting sites and apps.

5. Know the venue

Now, this is an oft-overlooked cricket betting strategy, but we strongly suggest you don’t ignore it.
Remember that not all stadiums are built the same. The bigger a stadium is (in terms of straight and square boundary sizes), the more difficult it is for batsmen to hit those massive 6s out of the park.

For example, Delhi’s Feroz Shah Kotla is the smallest cricketing venue in terms of playing area, with a straight boundary of just 60 metres and a square boundary of only 56 meters. This means more runs both square and straight off the wicket.

There are other factors you must watch out for as well, including how the team batting second has generally fared at the ground, if it’s a batting-friendly wicket, or whether the pitch is more suited for spin or pace. Thankfully, with some of India’s best cricket analysis websites, you can deep dive into such data points easily and use them to your advantage.

Cricket Betting Strategy: Key Takeaways

We urge you to start steady and slow.

  • First things first, you must be disciplined to crack the code to how to win with cricket betting.
  • Know all the different cricket bets like the back of your hand.
  • Use live cricket score sites and apps for real-time updates on ongoing matches.
  • Understand how each cricket betting strategy works, do a couple of dry runs (without staking real money), and go ahead with it only if you feel confident.
  • Periodically monitor your performance as that will give you invaluable insights: whether your cricket betting strategy is reaping dividends, or if you can fare better with another, more profitable betting system.
  • Monitoring will help you understand where your losses could be coming from so you can plug them.
  • Keep track of all the bets – you can create a simple spreadsheet for that — you’re placing, the tournaments you’re wagering on, and your winnings. This will tell you if you generally win more on a particular tournament or if a specific format (ODI, Test, T20s) suits you more.
  • Look around for meaty welcome bonuses and free bets.
  • When funding your betting account, choose from the safest and most commonly used betting payment methods.

NOTE: When you’re watching your favourite team on the ground, rally behind them with your friends and family, let it all out, wear your heart on your sleeves if you wish. But when you don the punter’s hat, throw emotions out of that double-hung window of yours. If you truly want to master any cricket betting strategy, be dispassionate and unbiased in your approach.

Cricket Betting Strategy FAQs

1️⃣ Can I make money using cricket betting strategies?

Absolutely. After all, that’s what any strategy is aimed at: to help you win. If you can pair these cricket betting strategies with tips from some of the best match prediction sites, even better. However, please remember that sports betting, as skill-based it is, also depends on luck. That’s simply because while you can perfect your strategy, you cannot predict the outcome of a match. Can you?

Cricket Betting Advice

2️⃣ Is there a one-size-fits-all approach to choosing the best cricket betting strategy?

No, there isn’t. There are multiple strategies, and each of those is geared to work differently. We have discussed those already in this article, but to answer your question in brief, the cricket betting strategy you choose should work for you (and not just any system that may be used more commonly).

Cricket Betting Advice

3️⃣ How to win with cricket betting?

You only need to follow the sport and understand the workings of it. Who are the usual run scorers? Who takes the most wickets? Who has the maximum 6-hitting prowess? Who delivers consistent performances match after match? Just understand the various betting markets, make use of free bets and bonuses, and spot high-value odds, and you should be good.

Cricket Betting Advice

4️⃣ Which bookmakers do you recommend for me to apply a cricket betting strategy?

At the beginning of this article, we have discussed the betting sites where you could put your strategies to use. But those aside, you can also try some of India’s best cricket betting apps to wager on your favourite team/player using any of the cricket betting strategies discussed here.

Cricket Betting Advice

CricketBettingAdvice Final Say

As you might have seen, every cricket betting strategy has its unique application, and there isn’t a cookie-cutter solution, really. The strategy you pick has to be aligned with your objective, viz, if you want to make instant profits or keep winning small amounts over a protracted period.

We hope that with this guide, you now have a better understanding of how to win with cricket betting. Please remember that some strategies are more volatile than the others (but they also pay out more), whereas others are safer but not meant for instant gratification. That said, if you do the legwork – shop around for handsome odds, follow the sport, understand betting markets – and can master a cricket betting strategy, you undoubtedly improve your chances of winning handsomely.

Bet responsibly.

Author: info

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