Cricket spread betting EXPLAINED

Did you know you can also place cricket spread bets as well as fixed odds bets on your Spreadex account?

Spread betting works by playing on a 'spread' or prediction on the number of things to happen in a match.

Step 1: Choose a market. E.g. the 'spread' on a team's Total Runs in an ODI may be 290 - 300.
Step 2: Decide if you think the final outcome will be higher or lower than the spread.
Step 3: If higher (e.g. more than 300 runs) you would buy. If lower (fewer than 290) you would sell.
Step 4: Your profit or loss depends on the difference between your buy or sell level and the final outcome, multiplied by your stake.

Remember that unlike fixed odds betting, you can lose more than your initial stake with spread betting should the bet go against you.

See more in our short video on sports spread betting.

CRICKET SPREAD BETS EXPLAINED

Bet on Runs, Bowler Performance or wides, 4s or 6s. Find out more via the links below.

Cricket series spread bets

Cricket Supremacy spread bets

Batsmen cricket spread bets

Bowler cricket spread bet

Run-related cricket spread bets

HOW TO PLACE A CRICKET SPREAD BET

To place a bet, look at the Spreadex prediction or spread on the market in question. If you think the outcome will be higher than our price, then you would buy on the spread. If you think the outcome will be lower than our price, then you would sell on the spread.

The more right you are the more you can win, but the opposite is the case if you get it wrong, as you may lose more than your initial stake.

Use the 'i' button to get further information on specific bets when looking at live markets offered by Spreadex.

Click here to see an example of a cricket spread bet.

In-play cricket betting

Cricket is arguably the perfect sport for spread betting with the scoring pattern of team and batsmen runs ideal for opening and closing bets in-play to either take a profit or cut a loss.

Before a match our traders will make a prediction or 'spread' on the amount of runs a team, or each individual batsmen, will score.

This spread is constantly updated after every ball and will move up or down depending on the run-rate, number of wickets to have fallen or the changing pitch or weather conditions.

This allows spread betters to pit their skill and judgement against our traders and open or close bets at any time during the game to try and turn a profit.

Cricket series bets

50/100 Ups: The combined number of runs, scored by individual batsman, over and above either 50 or above 100, in a series.

Player Runs/wickets: The total number of runs scored, or wickets taken, by a named player during an entire series.

For example, Spreadex may predict that two leading batsmen will score between 405-425 and 390-410 runs each over a full Test series.

Total 4s/6s/run-outs/wides: The total number of 4s, 6s, run-outs or wides during a series.

Cricket supremacy bets

For a Supremacy spread bet, the winning margin is based on either one point per run won by or 10 points per wicket won by.

For example Spreadex may quote Team A over Team B with a Supremacy price of 10-20.

If Team A beats team B by 60 runs, the market will make-up at 60. So a £4 buy at 20 in this instance will result in a £160 profit ((60-20) x £4 = £160).

However, if Team B won by one wicket, the market would make-up at -10 and the £4 buy at 20 would result in a £120 loss ((-10-20) x £4 = -£120).

Batsmen cricket bets

One of the most popular markets among Spreadex clients, Batsmen Runs bets are based on the total number of runs a batsman will score, either in one innings, over a full match or over a series.

For example Spreadex may quote 55-60 for an opening batsman’s first innings runs in a Test match.

If that batsman was out for 25 runs, the market would settle at 25. So a £2 sell at 55 would result in a £60 profit ((55-25) x £2 = £60).

If the batsman had made 70 before having his wicket taken, the £2 sell at 55 would have lost £30 ((55-70) x £2 = -£30).

Bowler cricket bets

Series Wickets: A prediction, or 'spread', of how many wickets a named individual will take over a series.

Bowler Performance: Bet on a bowler's performance over a single Test match based on 10 points being awarded per wicket with a bonus of 25 points awarded for a five wicket haul (potential 50 point bonus if bowler takes five wickets in each innings).

Player Performance: Bet on a named player's performance in a One Day match. Players are awarded points on the following basis: 1 point per run, 10 per catch, 20 per wicket and 25 per stumping. So if a wicket keeper took two catches, made one stumping and hit 24 runs with the bat, his market would make up at 69 ((10 x 2) + 25 + 24).

Run-related cricket bets

Batsmen Runs: A prediction of how many runs a batsman will score, either in an innings or over a whole match. 

Team Runs: As above, but for a full team's runs as opposed to an individual player.

First 6/15 Over Runs: The total number of runs a team will score after either 6 or 15 overs.

Session Runs: The total number of runs scored by a team in a particular session of play in a match. 

Fall of Next Wicket: The number of runs a team will have scored when the next wicket falls.

Index-based cricket bets

25:10 Index: Spread based on the winning team being awarded 25 points and the losing team receiving 0.

If the game is a draw, both teams receive 10 points.

Outright Index: Bet on how a team will perform ahead of a major tournament.

E.g. we may offer an index based on 60 points awarded to a tournament winner, 40 points to the runner-up, 20 points to the losing semi-finalists and 10 points to the losing quarter-finalists.

YOU MAY ALSO LIKE