Buzzin Cricket

Are you a huge cricket fan that follows every test match, one day international and T20 game across the globe? If this is the case, then you may well have added to your interest in a cricket match by putting a few pounds on the result.

Betting on sporting events is something that more and more people are doing, but rather than the standard markets, an increasing number of sports fans are spread betting on a range of different outcomes.

Sports spread betting is something that can be done online from the comfort of your own home. You don’t even have to miss a minute of the action, as you can make your bets while still watching the cricket on the TV. Even better, if you’re actually at the ground, whether it’s Lords or The Oval, you can bet on your mobile and consequently cheer for one team louder than the other.

Spread betting offers punters an interesting alternative to the traditional betting markets. The bookmaker makes a prediction for a certain event to occur and then sets a range or spread. It is then up to you to decide whether you think the actual result will be higher or lower than the spread set by the bookmaker. If you feel the prediction has been pitched too low, you can bet high and win if you’re successful.

One example of a sports spread bet in the cricketing arena could be betting on how many runs you think a certain batsman will score in the series. The bookie may have predicted that England batsman Kevin Pietersen will score between 320 and 340 runs in the home test match series against Pakistan. It’s then up to you to decide whether the prediction is too high or too low and in turn whether to buy or sell.

If you bet correctly, the amount of money you win will depend on your stake and how right you are. If you bet £1 on Pietersen to score more than 340 runs and he did indeed score 400, then you would receive £60. Conversely, if the England batsman only scores 300, then you would lose £40 – the stake multiplied by how wrong you were.

From the above example you’ll probably have noticed that spread betting gives you the opportunity to get big winnings. On the other hand you can lose huge amounts as well, if your prediction is incorrect. This is something worth keeping in mind when you place your bet. In contrast to fixed-odds betting, the amount of money you will win or lose is not known when you make your spread bet, perhaps making this form of gambling even more exhilarating.

Cricket is just one of a number of sports you can place spread bets on, with football, golf and tennis three of more than a dozen others. Given the number of different cricket markets there are and the fact that you can bet in-play, you may feel that cricket spread betting meets all of your needs.

Spreading betting can result in losses that exceed your original deposit. Remember to bet responsibly.