okay Cricket Betting — Complete Guide to Smart Betting on BPL, IPL and T20 World Cup
Across every cricket format and every major tournament, okay gives you a wide range of betting options. From before the first ball to before the last — betting opportunities are always open.
Cricket's three formats and major tournaments
For anyone interested in cricket betting, the first question is — which format should you bet on? T20, ODI and Test matches are each different in nature, so betting strategies differ too. At okay, you can bet across all three formats.
The fastest format
In this 20-over format, every ball counts. BPL (Bangladesh Premier League), IPL and the T20 World Cup are the three tournaments most popular with fans in Bangladesh. Results can shift quickly, making live betting especially appealing here.
The fifty-over contest
In a One Day International, both teams bat for 50 overs. Strategy shifts mid-innings, and the dynamics of wickets and run-scoring differ between the powerplay and the death overs. The ICC Cricket World Cup is the highest stage for this format.
The five-day test
The longest and historically most respected format of cricket. Across five days and four innings, weather, pitch conditions and squad depth all influence betting. A draw is also a valid result here.
BPL, IPL and international matches
For cricket fans in Bangladesh, the BPL (Bangladesh Premier League) season is a celebration in itself. Local franchise teams face off and betting interest runs high. India's IPL is also hugely popular here, as the world's top players take part. Beyond these, the ICC T20 World Cup and the Tigers' international series consistently bring the betting market to life.
At okay, you can bet across various markets for matches in all these tournaments. From pre-match bets placed before the game to in-play options during the match, every type of bettor will find something that suits them here.
Football and other sports betting
Alongside cricket, okay offers betting on football and several other sports. In football there are typically three possible outcomes — Team A wins, Team B wins, or a draw. This three-way structure differs from cricket's two-way outcomes (except in Test matches), so odds are arranged differently as well.
In limited-overs cricket a draw is almost never an option, so one team's probability of winning is directly the inverse of the other's. Handicap betting is more common in football because the gap in quality between teams is often larger. Cricket, on the other hand, has unique markets like top batsman, man of the match and top wicket-taker that you won't find in other sports.
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Cricket vs football betting — key differences
- Cricket usually has two outcomes (three in Tests); football always has three possible results.
- Cricket has innings-based specialist markets such as session totals and over-by-over runs.
- Football has goalscorer and corner markets — similar in concept to cricket's but entirely different.
- Live in-play betting is available in both sports — you can make decisions as the match unfolds.
Popular betting markets with examples
Several markets are available for cricket betting at okay. Once you understand each one, placing a bet becomes much easier.
Match Winner
A bet on which team will win the match. If Team A's odds are 1.65 and Team B's are 2.30 in a T20 match, a ৳500 bet on Team B returns ৳1,150 if Team B wins (৳650 profit).
Most commonToss Betting
A bet on who wins the toss before the match begins. With a 50-50 probability, odds on both sides tend to be close — a simple market with a quick result.
Quick resultTop Batsman
A prediction of which batter will score the most runs in an innings or across the whole match. Each batter has separate odds — a lesser-known batter will have higher odds.
Requires analysisOver/Under Runs
A bet on whether total runs in specific overs or a full innings will be over or under a set number. For example, whether more than 50 runs will be scored in the first 6 overs.
Stats-basedTop Wicket-Taker
A prediction of which bowler will take the most wickets in the match. Pace vs spin, pitch type and weather are all relevant to this market.
Bowling-focusedMulti Bet
With three selections at decimal odds of 1.60, 1.80 and 1.90, the combined odds are 1.60 × 1.80 × 1.90 = 5.47. If all three selections are correct, a ৳100 bet returns ৳547 — but if any one is wrong, the full ৳100 is lost.
High risk-rewardHow to read odds
Odds represent how much you receive for each winning bet on a given outcome. Across the world, odds are written in three formats — decimal, fractional and American.
The same value in three formats
A bet on Team A to win, shown in three formats: Decimal 2.50 = Fractional 3/2 = American +150. A ৳1,000 bet returns a total of ৳2,500 if Team A wins (৳1,500 profit + original ৳1,000). If Team A loses, the full ৳1,000 is lost.
What favourite odds look like
If Team B is a strong favourite, their odds might be Decimal 1.50 = Fractional 1/2 = American −200. American minus odds show how much you need to stake to win 100 units. In this case, a ৳1,000 bet returns ৳1,500 (৳500 profit).
The decimal format is the most straightforward because total returns can be worked out by simple multiplication. At okay, you can choose whichever format you prefer.
Comparison table of three formats
| Format | How it is written | Team A example | Team B example |
|---|---|---|---|
| Decimal | Whole number | 2.50 | 1.50 |
| Fractional | Profit/stake | 3/2 | 1/2 |
| American | +/− value | +150 | −200 |
| On a ৳1,000 bet, a Team A win returns ৳2,500 total; a Team B win returns ৳1,500. The numbers are for illustration only. | |||
The odds examples are for explanation purposes only — they are not live market prices and are no guarantee of winning. Betting is for entertainment. Please read the responsible gaming policy before placing any bet.
Live in-play betting — odds shift with every wicket
In-play betting means placing bets while the match is in progress. Every wicket, every six, every maiden over causes odds to shift instantly. The team under pressure sees their odds go up; the team ahead sees theirs come down.
Say the target is 160 runs and Team B has scored 70 runs for 3 wickets after 10 overs. In that situation, Team B's odds of winning will naturally rise because the task has become harder. But if 30 runs come off the next two overs, the picture changes again.
In-play betting is most fast-moving in T20 matches because the situation can change every ball. The position at the end of the powerplay, a spinner's dominance in the middle overs, or a pinch-hitter in the death overs — every moment affects the market.
- The odds right after the first wicket falls can sometimes be a good moment to place a bet.
- If extra runs come in the powerplay, the over total market for the innings moves accordingly.
- In Test matches, if the pitch behaves differently in the final session of the day, bowling markets become interesting.
Some useful habits in cricket betting
Betting is one form of entertainment — it is not a way to earn income. That said, following a few basic habits makes the experience more enjoyable and helps avoid uncontrolled spending.
- Set a budget: Decide in advance how much you will bet for each match or each week. Do not go beyond that limit.
- Focus on one market: For new bettors, it is better to start with just the match winner market — it is straightforward and results are known quickly.
- Understand the format: Team strategies differ between T20 and Test matches. Toss, pitch type and weather are three factors that influence betting markets.
- Be careful with multi bets: Even if the combined odds on a multi bet look large, one wrong selection means the entire bet is lost.
- No rushing in live betting: In-play odds change fast. Take a moment before placing a bet — make your decision based on observation, not emotion.
- Responsible gaming: If betting starts to feel like pressure rather than enjoyment, take a break. Reading the responsible gaming guidelines will show you how to set your own limits.
What betting is not
Betting is not a guaranteed source of income. There is no certainty of winning any bet. No matter how favourable the odds may seem, the outcome is always uncertain. Treat betting as entertainment and spend accordingly.
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Cricket Betting at okay
Open an account at okay and get a 100% bonus on your first deposit, up to ৳5,000 (20x wagering applies). For example, if you deposit ৳1,000, your balance becomes ৳2,000 and the wagering requirement is ৳20,000. Minimum deposit is just ৳300 — via bKash, Nagad, Rocket, or bank transfer. Withdrawals are usually processed within 1 hour. Live chat support in Bengali and English is available 24/7.