Cricket Betting at 299bet — Top Markets for BPL, IPL and T20 World Cup
299bet brings cricket fans in Bangladesh a wide range of betting markets — from match winner to top batsman — with live odds updates.
Cricket Formats and Tournaments — How Does Betting Work in Each?
Cricket's three formats — T20, ODI and Test — each work differently for betting. T20 matches finish in just a few hours, so live odds change fast. During the BPL season, fans in Bangladesh are most active — every wicket or six can turn the whole situation around. IPL and ICC T20 World Cup also feature international-level competition with much deeper markets.
ODI cricket's fifty-over span allows more opportunity to adjust mid-game strategy. The "total runs over/under" market is quite popular with bettors in this format. Test cricket is a five-day game — session-by-session markets are available, such as the number of wickets on day one or who will take the lead in the first innings.
Compared to football and other sports, cricket betting is a bit more detailed — dozens of markets can be open in a single match. Football betting mainly focuses on match result, goalscorer or corners. Both sports are available at 299bet, though this page is primarily about cricket. 299bet also offers basketball betting — you can place bets on NBA and international tournament matches too.
T20 Format
In this fast-paced game, odds shift with almost every ball. The most live markets are available in BPL and IPL.
Most MarketsODI and Test
In longer formats, session-based and total runs markets are more popular. A favourite among strategic bettors.
Session MarketsPopular Betting Markets — How Each One Works
The variety of markets is what makes cricket betting interesting. Below are seven familiar markets with a brief explanation of each.
Match Winner
A bet on which team will win the match. No draw in T20 or ODI, so there are two options — Team A wins or Team B wins.
Toss Winner
A bet on which team will win the toss. The toss result is independent of the match result — it is an entirely separate market.
Top Batsman
A bet on which batter will score the most runs in that innings. A multi-option market — listed separately for each team.
Total Runs Over/Under
A bet on whether the total runs scored will be above or below a set number. For example — will the first innings score more than 170 runs?
Multi Bet
A multi bet combines bets from several different matches. All selections must be correct to receive the total return.
Over of First Wicket
A bet on which over the first wicket will fall in. This market is most active during the powerplay overs.
Handicap
A bet where one team is given a virtual run advantage or deficit to level the contest. Used when there is a clear difference in quality between the two teams.
Odds in Three Formats — Decimal, Fractional, American
On online betting platforms, odds are usually displayed in three ways. The numbers look different but mean the same thing.
Example of Team A winning: Decimal 2.50 = Fractional 3/2 = American +150. On a ৳1,000 bet, if Team A wins the return is ৳2,500 (৳1,500 profit + ৳1,000 stake); if they lose, ৳1,000 is gone.
If Team B is the favourite: Decimal 1.50 = American -200 (minus odds show how much you need to stake for ৳100 profit). On a ৳1,000 bet, if Team B wins the return is ৳1,500 (৳500 profit).
Betting is purely for entertainment — it is not a guaranteed way to earn income. Read the Responsible Gaming page for more on responsible betting.
Odds Change When a Wicket Falls — How In-Play Betting Works
The appeal of live betting is that the terms of a bet change as the situation develops. In a T20 match, when a team loses 2 wickets for just 10 runs, their odds of winning go up — meaning a bet on that team offers a higher potential return.
Conversely, if a batter reaches fifty quickly, their odds of finishing as top batsman come down — because they are already ahead. Once the powerplay ends, if maintaining the run rate becomes difficult, odds in the "total over/under" market also shift.
In-play betting requires quick decisions. The 299bet mobile app shows live scores and odds together, helping you follow the match even when you are away from the ground.
Multi Bet and Betting Exchange — Two Options for Bettors
Multi Bet
A multi bet is formed by combining bets from several separate matches. The odds multiply to create a larger potential return — but if any single selection is wrong, the entire bet is lost.
Example: decimal odds of 1.40, 1.50 and 1.60 across three matches. Combined odds = 1.40 × 1.50 × 1.60 = 3.36 (approximately). On a ৳100 bet, if all three selections are correct the return is ৳336; if even one is wrong, the full ৳100 is lost.
Betting Exchange
An exchange has two types of bettors — BACK (you think the team will win) and LAY (you think the team will lose).
Example: BACK Team A at decimal 2.50 — on a ৳500 bet, if Team A wins you earn ৳750 profit (before commission); if they do not win, you lose ৳500. LAY Team A at the same odds — your liability is ৳750 (৳500 × 1.50); if Team A does not win you earn ৳500 (before commission); if they do win you pay out ৳750.
A Few Useful Points Before You Start
Understand the Format Before Betting
Betting strategy differs between T20 and Test cricket. In T20, the pressure in the final overs is intense; in Test, pitch conditions and weather are key factors.
Set a Budget
Decide in advance how much you will bet. Staying within that limit even after a loss is responsible betting. Betting is for entertainment — it is not a source of income.
Follow the Live Score
In in-play betting, it is important to understand the match situation before making a decision. Keep your preferred score app open.
Build Skill in One Market
Rather than spreading across many markets at once, focus on one to start. Gain experience with just match winner or just total runs, for example.
Read the Terms and Conditions
Before taking a bonus or special offer, check the terms and conditions page. Knowing the wagering requirements and other conditions in advance helps avoid confusion.
Get Started with Cricket Betting at 299bet
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