All cricket fans who pride themselves for their knowledge of the game should definitely try their hand at online cricket betting using Bet Star Exchange. If online cricket betting is something you are totally unfamiliar with, you don’t have to be disheartened. We will guide you through the process and soon you will be able to successfully bet on cricket matches and make some good money using the knowledge of the game you love. You won’t have to guess your way to your winnings, your carefully analysed and researched bets will help you rake in the money. Blind guess work might give you a few lucky wins here and there but such luck is bound to run out and you will eventually suffer heavy losses. We will tell you how to choose the right online cricket betting site for yourself (such as Bet Star Exchange), create a betting account, an ewallet, and how to place your first cricket bet. If you follow our directions and learn on the way, you will soon be able to glide into the world of cricket betting. However, you should always be careful and cautious while betting on cricket (and sports in general). A few wins shouldn’t put you on a path of reckless betting. Always bet responsibly. Now, let’s talk a little more about Bet Star Exchange.
Betting Using Bet Star Exchange: Things to Know
Choose the right site
While the internet is filled with numerous betting websites for cricket, we recommend the following:
- Bet Star Exchange
- Spin Palace
- Sportsbet cricket
All of these are excellent options, however, if you aren’t able to choose, try your hand at Bet Star Exchange. You will like it in all probability. You will always have the option of trying some other website later as well.
Choose the preferred deposit option
Once you have chosen the site, you will need to deposit some money in your betting account as you won’t be able to start betting without it. If you are placing your bets from India, your options are a little limited. Online betting sites like Bet Star Exchange don’t let you bet on credit, so you will need to deposit some money.
There are many different deposit options for betting sites, and here are a couple of the most popular ones:
- Debit cards
- Credit cards
- Prepaid cards
While debit/credit cards are the simplest and most direct, they might not work at times. Do try them out though, the worst that could happen is that they are declined. You can also set up e wallets or prepaid cards. While these are a little more complicated to set up, once they get going, things go on like a breeze.
How do betting odds work?
Whenever you try to place bets on a cricket betting site like Bet Star Exchange, you will be given some odds. Odds signify how much you stand to win if the bet you place wins.
For instance, if you place a $10 bet on Royal Challengers Bangalore to beat Sunrisers Hyderabad, at 1.72 odds, you will get back $17.20 if they win, where $10 was the original bet and $7.20 are your winnings.
If you bet $10 on Sunrisers Hyderabad with 2.10 odds to win, and they win, you will get back $21, where $10 is your original bet and $11 are your winnings.
In case you bet on the wrong team, you will just lose the amount you had bet (in this case $10). The odds don’t have any bearing on how much money you’d lose in case the team you selected didn’t win.
How to place bets using Bet Star Exchange?
- First things first, you’ll need to login to your Bet Star Exchange account.
- Click on the menu icon in the top left corner of your screen, and scroll down until you find ‘Cricket’.
- Now you’ll see several cricket matches. Choose the one you want to bet on.
- When you’ve found the match you want to be on, click on the bet you want to make.
- When you’ve picked the bet you want to make, choose your stake and click on ‘Place Bet’.
- Congratulations! You’ve successfully placed your first bet with Bet Star Exchange.
What are the risks of online cricket betting?
Whenever you login to your Bet Star Exchange account and place bets using an online betting platform like Bet Star Exchange, there are always some inherent risks associated with it. The most obvious risk is the risk of losing your hard earned money. When you place your bet on a certain team and that team loses, you will lose all the money that you bet on that team. Depending on how much money you bet on that team, you stand to lose a significant amount of money. That is obviously never a good thing. So be careful while betting and don’t bet recklessly. Cricket is a sport after all, there are no guarantees and any team can lose on any given day. So never go ahead and bet your entire retirement savings or family jewels on a match just because you are very sure about a certain team’s victory.