Spreadex: The Online Casino That Puts Indian Players First – Cricket spread betting is a way of betting on the “spread” or predicting the outcome of a cricket match.
Step 1: Choose which spread you want to play, e.g. a Batsman Runs quote from 37 – 43 Runs.
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Step 2: Buy if you think the result will be higher than 43, sell if you think it will be less than 37.
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Step 3: Your P&L is determined by the difference between your buy or sell rate and the final yield rate, multiplied by your participation.
Watch our short video ‘how to’ guide below, or alternatively read on for a written explanation of cricket spread betting.
To make a bet, look at the prediction or spread on the question market. If you think the result will be higher than our price, then you should buy on the spread. If you think the result will be lower than our price, then you will sell on the spread.
The more right you are, the more you can win, but the opposite if you are wrong, because you can lose more than your initial participation.
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Use the “i” button to get more information about specific bets when viewing the live market offered by.
Try our interactive widget below for an example of how cricket spread betting works for a £10 theoretical bet on various markets.
The widget shows in more detail how spread betting markets can vary in volatility. For example, the range of results for Team Runs or Multi-Fours spread bet is greater than Batsman Runs or 1st Match Wicket markets, which in turn are more volatile than Total Sixes. Therefore, it is important to choose a stake level that you are comfortable with different markets.
Try using widgets for different cricket markets to see how the potential profit and loss levels can vary. This will help you practice cricket spread betting and give you an idea of how the market works before you try it yourself.
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It’s the morning of the 1st Ashes Test, and you’d think it would be a while before England took the Australian wicket, so look at the Wickets spread.
Australia’s 1st wicket quote at 34-39, suggests a prediction of 34 to 39 runs before taking the 1st wicket. Decided to buy £2 to 39.
As you might have predicted, Australia enjoyed a century before England took their 1st wicket, leaving them with a £122 ((100 – 39) x £2) advantage.
Let’s say that England was quite quick off the mark, knocking out an Australian batsman after 60 runs in total. You also make a profit of £22 ((60 – 39) x £2).
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However, if the English bowlers are in great form that day, and take 1 wicket after only 3 runs, you will lose £72 ((3 – 39) x £2).
On the contrary, let’s say at the start of England’s first innings, you think Australia will quickly start dispatching England’s batsmen, so look at the wide wicket.
They offer 1 England Wicket spread of 28-32, and choose to sell £2 to 28. In classic English fashion, they collapse quickly, losing the wicket after only 5 runs, leaving you with a profit of £46 ((28 – 5) x £2).
Even in the scenario where England hold out a little longer, and make 24 runs before losing their first wicket, you still have a profit of £8 ((28 – 24) x £2).
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Conversely, if England manage, say, 50 runs before losing a wicket, they will lose £44 ((28 – 50) x £2).
Cricket is undoubtedly the perfect sport for spread betting and the scoring pattern of teams and batsmen is ideal for opening and closing bets in the game to take profit or cut losses.
Before the match, our traders will make a prediction or ‘spread’ on how many runs a team, or each individual batsman, will score.
This spread is constantly updated after every ball and will move up or down depending on the run rate, the number of wickets that have fallen or changes in the pitch or weather conditions.
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This allows the best spread to put their skill and judgment against our traders and bet open or close at any time of the game to try to make a profit.
50/100 Up: The combined number of runs, scored by an individual batsman, over 50 or over 100, in a series.
Player Runs / Wickets: The total number of runs scored, or wickets taken, by the named player during the series.
For example, you can predict that the top two batsmen will score between 405-425 and 390-410 runs each in a complete Test series.
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For advantage spread betting, the winning margin is based on one point per run won by or 10 points per wicket won by.
If team A beats team B by 60 runs, the market will appear at 60. So buying £4 at 20 in this case will make a profit of £160 ((60-20) x £4 = £160).
However, if Team B wins by one wicket, the market will settle at -10 and a £4 buy at 20 will result in a loss of £120 ((-10-20) x £4 = -£120).
One of the most popular markets among customers, Batsmen Runs bets are based on the total number of runs a batsman will score, whether in an innings, a whole match or a series.
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If the batsman is out for 25 runs, the market will settle at 25. So a £2 sale at 55 will generate £60 profit ((55-25) x £2 = £60).
If the batsman has made 70 before taking his wicket, selling £2 at 55 will lose £30 ((55-70) x £2 = -£30).
Series Wickets: A prediction, or “spread”, how many wickets an individual named will take in a series.
Bowler’s Performance: Hold on a bowler’s performance in a test match based on 10 points awarded per wicket with a bonus of 25 points awarded for five wicket hauls (potential bonus of 50 points if a bowler takes five wickets in each innings).
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Player Performance: Bet on the performance of a named player in a one-day match. Players are awarded points on the following basis: 1 point for running, 10 for catching, 20 for wicket and 25 for stumping. So if a keeper takes two catches, makes a stumping and scores 24 runs with the bat, the market will increase to 69 ((10 x 2) + 25 + 24).
Batsmen Runs: Predict how many runs a batsman will score, either in an innings or a complete match.
First 6/15 Over Runs: The total number of runs a team will score after 6 or 15 overs.
Session Runs: The total number of runs scored by a team in a given session of play in a match.
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Fall of Next Wicket: The number of runs a team has scored when the next wicket falls.
Index 25:10: The spread is based on the winning team getting 25 points and the losing team getting 0.
For example. We can offer an index based on 60 points awarded to the winner of the tournament, 40 points to the runner-up, 20 points to the losing semi-finalist and 10 points to the losing quarter-finalist.
Also provides full fixed odds cricket betting services with several markets offered in the game and three Cash Out options available.
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You can find all the fixed odds of your favorite cricket bets like Matching odds, Top Batsmen, Top Bowler, over/under, next Man Out, Dismissal Method etc.
Bet on Total Points, First Try Time, Total Try, Tryscorers Shirt Number, Match Performance, Bookings and more.
Bet on match advantage, player 25:10s, total set, total game, game advantage, X court, total points and many more.
In relation to publishing betting, Ltd. is authorized and regulated by the Financial Conduct Authority. Spread betting carries a high level of risk to your capital and can result in greater losses than your initial stake/deposit. It may not be suitable for everyone, so make sure you understand all the risks involved.
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