700bet Cricket Betting — all formats from T20 to Test on one platform
Popular markets for BPL, IPL and international matches, live in-play betting and clear odds formats — all laid out here for easy understanding.
Cricket's three formats and Bangladesh's favourite tournaments
To understand cricket betting, it helps to know the differences between formats. T20 is the fastest version — each team faces just 20 overs, and the result can sometimes flip on the very last ball. BPL (Bangladesh Premier League) and IPL are played in this format, and both are the most popular leagues among Bangladeshi fans.
ODI (One-Day International) is played over 50 overs per side. Strategy can shift significantly mid-match, which gives the betting markets more depth. The T20 World Cup and ICC Champions Trophy are held across these two formats.
Test cricket is a five-day game — the oldest and most strategy-driven format. The Tigers' Test matches include the possibility of a draw, which does not exist in T20 or ODI, so you can bet on three outcomes here: team A wins, team B wins, or draw.
Alongside BPL and IPL, 700bet also offers markets for international T20s and ICC tournaments. BPL draws the most attention each season in Bangladesh, as it is our home competition.
Football and other sports betting — how it differs from cricket
Alongside cricket, 700bet also offers football betting. In football, each match has three possible results — home win, away win and draw. Cricket T20 and ODI have no draw, so those markets offer just two options: team A wins or team B wins.
A football match concludes within 90 minutes, so the pace of change in live betting is quite different from cricket. In cricket, odds shift gradually after a wicket or a strong over, whereas in football they reset quickly right after a goal.
Sports like Kabaddi, badminton or tennis typically have markets limited to Match Winner and Set Score, but cricket offers dozens of separate markets — from the toss to a century scored. That variety is a big part of why cricket betting is so popular among Bangladeshi players.
Number of markets by sport
| Sport | Market types |
|---|---|
| Cricket T20 | Match Winner, Toss, Top Batsman, Over/Under, Multi Bet |
| Cricket Test | Match Winner, Draw, Innings Runs, Top Scorer |
| Football | 1X2, Goals Over/Under, Both Teams to Score |
| Tennis | Match Winner, Set Score |
7 betting markets played most in cricket
What each market is and how it works — explained with simple examples.
Match Winner
The simplest market. You just pick which team will win. If you back team A and team A wins, your bet is successful. There is no draw in T20 or ODI, so there are only two options.
Easy StartToss Betting
Bet on the toss result before the match starts. It is simply a matter of which team — A or B — wins the toss. This is a separate market with no connection to the match result.
Pre-MatchTop Batsman
Bet on which batsman will score the most runs in an innings. This market covers who will be the highest scorer for team A, with different odds for each player listed.
Individual PerformanceTotal Runs Over/Under
The bookmaker sets a specific number, such as 165. You bet on whether the team's total runs will be above that (Over) or below it (Under). If they exceed it, Over wins; if they fall short, Under wins.
Runs-BasedMulti Bet
Placing bets on multiple matches or markets at once. If all selections are correct, the odds multiply and the return increases, but one wrong selection means the entire bet loses. The risk is higher, but so is the potential return.
Multi SelectionLive In-Play Markets
Betting while the match is in progress — for example, how many runs will be scored in the next over, or who will take the next wicket. Odds update after every ball, so decisions need to be made quickly.
Real-TimeBetting Exchange
Here you bet against other players rather than against the bookmaker. You can take two positions: BACK (in favour) or LAY (against). Odds on exchange markets are generally more flexible.
Peer-to-PeerDecimal, Fractional and American — how to read odds
700bet displays odds in three formats. The same bet's value can be written three ways, but the meaning is the same. Two practical examples are given below.
Example 1 — the same odds in three formats
Team A to win, stake ৳1,000:
| Format | Value | Result |
|---|---|---|
| Decimal | 3.00 | Win returns ৳3,000 (profit ৳2,000 + stake ৳1,000); a loss means ৳1,000 is gone |
| Fractional | 2/1 | Same value — ৳2 profit for every ৳1 staked |
| American | +200 | Plus means underdog — ৳200 profit on a ৳100 stake |
Example 2 — favourite's odds
Team B to win, stake ৳1,000:
| Format | Value | Result |
|---|---|---|
| Decimal | 1.25 | Win returns ৳1,250 (profit ৳250) |
| Fractional | 1/4 | ৳1 profit for every ৳4 staked |
| American | -400 | Minus means favourite — a ৳400 stake returns ৳100 profit |
The decimal format is the easiest to follow — just multiply the stake by the odds to get the total return. In the American format, a plus (+) sign means underdog and a minus (−) means favourite. Fractional odds come from British tradition, but all three formats express the same underlying value differently.
Betting is primarily for entertainment. Following responsible gaming guidelines is always important — it is recommended never to bet beyond your means.
Odds shift with wickets and overs — how in-play betting works
Live in-play betting means you can place bets even after the match has started. At 700bet, odds change with every event as the match progresses.
For example, if team A is batting and has lost 5 wickets in 10 overs, the odds for team A winning will rise (meaning their probability drops) and team B's odds will fall. As soon as a wicket falls, the bookmaker immediately sets new odds.
Powerplay overs typically produce more runs, so Over/Under market odds move more during that phase. If no wickets fall in the middle overs, odds tend to shift in favour of the batting team.
700bet's live betting section covers not just cricket but football too. You can also visit our W Live Casino section for live dealer games, where baccarat or roulette is streamed with a real dealer.
LIVE Decisions in live betting need to be made fast. Odds can change within seconds, so knowing the markets in advance gives you an edge.
Useful tips for cricket betting
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Start with one market. Match Winner and Toss Betting are the simplest — get comfortable with those first before moving on to more complex markets.
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Set a budget beforehand. Decide how much you are willing to bet before you start. Avoid placing large bets to chase losses — betting is a form of entertainment, not a way to grow wealth.
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Watch the pitch and weather. On a spin-friendly pitch, batting odds shift, and if rain shortens a match, Over/Under markets can also change.
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Keep the number of selections low in Multi Bets. A 3–4 selection combo can give a good return, but the more selections you add, the greater the risk — since every single one must be correct.
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Avoid rushing in live betting. Because odds change fast, making decisions under pressure is not ideal. Waiting for the next market is always an option.
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Read the terms and conditions. Before using any bonus or promotion, it is worth reading the terms and conditions once — especially regarding wagering requirements.
Honor of Juma — a different kind of gaming experience
Alongside cricket, visit the Honor of Juma page at 700bet for a completely different gaming experience. It is separate from cricket betting — find out more there.
Is betting purely for entertainment?
Yes. Cricket betting is an entertainment activity. No betting strategy guarantees consistent profit. For more information about betting, see the FAQ page.
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