Cricket
L89 Cricket Odds: Reading Prices and Payouts
Key Points
- Decimal odds multiply your stake to give the total return.
- Implied probability is one divided by the odds, before the bookmaker margin.
- Compare prices across markets and read settlement rules.
- Examples are illustrations, not tips.
- 18+ only
- Official partner site
- Checked 5 Nov 2026
- Bet with limits
Odds are the scoreboard of betting: a compact way of saying how likely the book thinks something is and what you collect if it happens. Misreading them is the cheapest way to lose money. This page uses decimal odds, the most common format on modern sportsbooks, and shows small examples. The sums are illustrations, not tips. At the time of checking (5 November 2026), BTi was the sportsbook provider we saw in the L89 lobby, and the formats shown are set by the book itself.
Decimal odds in plain terms
A decimal price shows total return per unit staked. At 2.00, a stake of 100 Taka returns 200, which is 100 profit plus your stake back. At 1.50, 100 returns 150. At 4.00, 100 returns 400. Higher numbers mean a lower chance in the market's view and a bigger reward.
| Odds | Stake | Total return | Profit |
|---|---|---|---|
| 1.50 | 100 | 150 | 50 |
| 2.00 | 100 | 200 | 100 |
| 3.00 | 100 | 300 | 200 |
| 4.00 | 100 | 400 | 300 |
Implied probability
Divide one by the odds to see what the price implies. Odds of 2.00 imply 50%. Odds of 4.00 imply 25%. Odds of 1.25 imply 80%. If you think the real chance is higher than the implied one, there may be value. If not, the price is not for you.
Remember the margin. Add up implied probabilities of every outcome in a market and you will usually get more than 100%. The surplus is the bookmaker's built-in margin. Our odds explainer and value betting article go further.
- Implied probability = 1 / decimal odds
- Add all outcomes to see the margin
- Value means your estimate beats the price
Cricket quirks
Cricket adds complications: draws in Tests, ties and super overs, rain-reduced targets and abandoned matches. Each of these can change how your bet is settled. Read the market rules for every bet type, not just the price. For the draw market in long matches, see the Test cricket guide.
Using odds responsibly
Short odds do not mean safe. A 1.20 favourite loses roughly one match in six if the price is accurate. Long odds do not mean cheap lottery tickets; they are long for a reason. Choose a stake that is small relative to your budget and avoid combining many selections to chase large returns. Combined bets multiply both the price and the chance of losing. For more habits, read the cricket tips page and visit the cricket betting hub.
Three moves
Read a cricket price in 3 steps
- 1Convert it
Divide one by the odds to see the implied probability.
- 2Check the rules
Confirm how ties, draws, rain and abandonments are settled.
- 3Set the stake
Choose an amount within your budget, and avoid chasing a loss.