All hardcore cricket fans should definitely try to use either knowledge and love for the game to make some money in the world of online cricket betting. One of the best websites for that is definitely Indibet. If you are intimidated by the idea of online cricket betting, you don’t have to worry. With our help and some good old lady luck, you should be just fine. As long as you start small and don’t bet recklessly, you should be fine. We will guide you through the entire process of choosing the right online betting site (like Indibet), creating a betting account, an ewallet, and how to place your first cricket bet. After you follow our directions and start implementing them in your online cricket betting strategy, you will be able to bet on cricket with ease. Always remember to bet in moderation and not get greedy. Let’s get started with your online cricket betting journey on Indibet.
Betting Using Indibet: Things to Know
Choose the right site
While the internet is filled with numerous betting websites for cricket, we recommend the following:
- Spin Palace
All of these are excellent options, however, if you aren’t able to choose, try your hand at Indibet. 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 Indibet 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.
What is sports betting?
Sports betting consists of betting a monetary amount on a certain outcome or outcome of a sporting event. The purpose of a sports bet is to benefit from a forecast or prediction made so that the bettor tries to win money from his guess.
There are various models of sports betting, such as predicting the outcome of a soccer match: how many cards will be shown to a particular team, who will score the next corner, etc. In tennis, for example, there are bets where you can predict which of the players will win a certain set or in Game X of set Y, how much Player A will win Player B.
It exists on the platforms and internet page of each bookmaker with a section of many data and helps such as a comparator of competitions and utilities where you can see, for example, the statistics of the goals of each team in the Champions League or of the type of sport that you choose.
How do betting odds work?
Whenever you try to place bets on a cricket betting site like Indibet, 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 Indibet?
- First things first, you’ll need to login to your Indibet 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 Indibet.
What are the risks of online cricket betting?
Whenever you log in to your Indibet account and place bets using an online betting platform like Indibet, there are always some inherent risks associated with it. The most obvious risk is the risk of losing your hard earned money.
In sports betting, they are in real time, the bettor will not get rich overnight, so forget about the misconception of betting large sums of money on some games to get a lot of money. The best advice is to start slow, go slow, bet small amounts of money at a time, and play a ton of games.
Never leave anything to chance is another important tip to remember. There are many bettors who view sports betting only as a form of gambling and rarely do their homework when it comes to researching and analyzing games and their predictions. That’s right, before placing a bet you should always do a survey, checking the performance of each team and its players. We advise bettors to follow the forecasts to better prepare for the games they will be betting on.
One should never place a bet before learning correctly how betting works and how the odds are calculated. Being able to evaluate the odds and potential winnings is extremely essential.
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.