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Posted 09-18-2015 1:16:54 AM
Match Bet in Cricket
 

In these markets two named players compete against each other, either within a match or over an entire series or tournament. For example, a match bet between Andrew Strauss and Graeme Smith will be won by the player scoring the most runs in the one day international World Cup. Match bets are either proposed by the bookmakers, or can be selected by the bettor, who will then be given odds for that match-up. In online cricket betting tips sites the match bet is placed on specific team or player.

There are two types of bet available to the prospective cricket bettor - fixed price betting, or spread betting – and it is crucial to understand the main differences between them before choosing where to put your money.

Fixed price betting gives the punter the option of placing a set amount of money on a given event, such as the winner of a specific match. If correct, the bet will pay out a fixed amount in winnings as well as returning the amount staked. Although there are different ways of formulating a fixed price – American odds, fractional odds or decimal odds are the main systems used – the end result is the same. The stake is fixed at the outset with the bookmaker, and the potential winnings are determined at that point by the accepted odds. In other words, the potential profit or loss is known and cannot change.

 
  
 
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