The number of people betting in India is increasing very fast day by day. New bettors know a little bit about betting and start placing bets, in which case they sometimes face losses. Before betting on a match, it is necessary to take updates related to it, so that the strength and weaknesses of the team can be known. Before you start betting, you need to follow some rules in order to win. Here we are going to tell you 10 golden rules of betting.
Important tips related to cricket betting:
Even if you are going to betting for the first time or are experienced in this matter, you still have to follow some important tips related to betting, as this can increase your chances of winning. Below we are going to tell you about some important tips given by experienced experts.
Read Pitch Report: The pitch is very important in any cricket match. It helps you to guess the likely winner of that match. The pitch report tells you whether it is helpful for the batsmen or for the bowlers. After that, you can guess the winner by yourself.
Consider the weather and temperature: Weather and temperature also play an important role in the game of cricket. Like if it rains before a match or it rains during the match, it makes a lot of difference. Due to rain in between, the team running in a strong position can also lose.
Study the team position: If you are placing a bet before the match, consider the players of the probable team and if you are placing a bet during the match, consider the performance of the players in the playing XI. Long travel or any type of fatigue before the match can affect a player’s performance.
View Players’ Past Performances: See also the player’s past performance and form before placing a bet. Because if a player is running in better form then his chances of performing better are more.
Read the Experts Analysis and Build Your Own Strategy: Many experts prepare their analysis before the match starts and reveal the likely winner. But do not rely solely on the analysis done by them and prepare your own strategy. You can use their analysis for your own knowledge only.
If you follow the above 5 tips before placing a bet, you can bet successfully. This tip can come in handy for any bettors, both novice and experienced. Apart from this, in order to start betting, you have to understand some important rules related to it in order to be successful while placing bets.
10 Golden Rules of Cricket Betting:
If you want to be successful in betting, you need to keep a few rules in mind when placing a bet. Below we are going to tell you 10 golden rules of betting.
(1) Do not bet on low odds:
Betting at low odds while betting can prove to be more risky and harmful. For example, if India favorite in the match between India and Australia and you have placed a bet of ₹ 10,000 to win India at the odds of 1.60, then if India will win you will only ₹ 6000 while losing ₹ 10,000 will have to be paid.
Apart from this, if you place a bet on the other team at an odds of 1.20 (20 paise) to set the book, you will only make a profit of ₹4000, that is, only ₹40% of the amount placed. That’s why always bet on a favorite team at a high price (1.85 to 1.90) so that you can get a profit of 60% to 70% after setting the book.
(2) Keep Patience:
If you have studied all the facts related to the match before placing a bet and you have placed a bet for one team to win then be patient and stick with it till the end. Many times the team on which the punter places a bet and one or two wickets fall early in the beginning and his sentiment falls, then he starts turning the bet in a hurry. In such a situation, he has to bear the loss from both sides. Always keep in mind that only one team will be the winner in the match.
(3) Respect Your Decision
If you have placed a bet before the start of the match or during the match for a team to win, respect your judgment and knowledge and stick to it. Because it is common to take risks in betting, it is not necessary that the bet you place will be successful, but you can also make more losses due to frequent changes in decisions. Similarly, follow the same strategy when playing a session or any fancy bet.
(4) Each bet should be of equal amount:
Often the punter after losing one bet places the next bet with a higher amount, although doing so can be more damaging. Because it is not necessary that you can win all the bets. If you lose all bets someday you may end up losing more. That’s why all bets with the same amount only. If your first bet is placed for ₹ 5000 and it wins or loses, then place the next bet also for ₹ 5000. With this you can reduce your losses, as well as if your strategy is successful, then you can also get a decent victory.
(5) Place Only One Bet in One Session:
If you are playing a session in a cricket match and suppose you have placed a (Yes or Back) bet to score 45 runs or more in 6 overs, then wait to place only one bet in it. It is not that the session has come down to 40, so make it Yes (Back) too. In such a situation, if you do not score 40 in any situation, then you will get double the loss. So be patient by placing a bet.
Similarly, if you have placed a (Not or Lay) bet for not making 45, then do not bet on (Not or Lay) again after the session increases to 50. Because sometimes more than 50 runs can be scored in 6 overs and then you can do double damage. To avoid losses, you place only one bet in one session and bet in all sessions with the same amount.
(6) Never put your full amount in a single bet:
Greed in the field of betting can prove to be the most harmful for you. Never place a bet for the full amount if your limit is ₹1,00,000 because if you lose that bet you will have no money to play after that. In such a situation, you will not be able to even cover your loss. That’s why always bet 10 to 15% of your entire limit so that you can bet throughout the league.
(7) Take Late Entry in the Match:
If you want to bet on a match, placing a bet immediately after the start of the match can be a bad decision. Taking late entry can prove to be a better decision for you. That’s why first watch the match for a few overs and then take a decision. Sometimes a few wickets fall at the beginning of the match, due to which the favorite team becomes the non-favorite.
In such a situation, it is possible that you may find the team you want to bet on at a non-favorite rate and you can win a good amount of money by laying instead of backing it. The advantage of entering a match late is that sometimes you can place a bet on a non-favorite team, and set the book by placing a Back on the favorite team when the odds of the match increase.
(8) Book Set is Necessary:
A lot of punters don’t set the book because they feel like their team is winning unilaterally so there’s no point in losing some money. But the course of the match can change at any time, a batsman can chase runs with a quick bat and a bowler can come back in the match by taking a few wickets at any time.
That’s why you must have seen that sometimes even the non-favorite team wins at 1.03 odds (03 paise). Like 25 runs are needed in the last over and the batsman scored or 6 runs are needed to win in the last over and the bowler defends. Any situation like this or similar can happen. If this happens and you are comfortable placing a bet on your favorite team at that time, you will end up losing the match when you have a chance to save your money and win a good amount.
(9) Don’t make your addiction to betting:
A lot of people are addicted to betting and they want to bet in every match in any case. If you bet on every match you can never be in profit because betting does not guarantee you profits. Sometimes the match can be according to your mind and sometimes it can be against your strategies, so always bet wisely. Avoid placing bets on less popular and all matches.
(10) Bet Responsibly:
Betting involves an element of financial risk, so it is important to bet carefully and responsibly. To follow this responsibility, you will also need to devise your own strategy and set a maximum daily bet limit. If you have lost a certain amount then leave that match and strategize for the next match.
Apart from this, do not consume alcohol before or while betting. Never play by borrowing from anyone. Don’t make betting your primary source of income, it just means you don’t depend on betting. Think of betting as just a part of the fun. Do not place bets without thinking and do a complete analysis before every match and then place a bet. Be patient in the event of a loss and stick to your strategy for the next bet.
If you love betting then the above-mentioned rules and tips will be very useful for you. Your knowledge in the field of betting can be the vehicle for your success. That’s why placing bets without thinking and knowing about any match can be harmful to you. Never bet on lesser-known matches, as they are not well known and are at high risk. Along with this, read the information given by the experts and also prepare your own strategy.