Cricket spread betting is a way of betting on a 'spread' or prediction of outcomes to happen in a cricket match.
Step 1: Select which spread you want to play on, e.g. a Batsman Runs quote of 37 - 43 Runs.
Step 2: Buy if you think the outcome will be higher than 43, sell if you think it will be less than 37.
Step 3: Your P&L is determined by the difference between your buy or sell level and the final outcome level, multiplied by your stake.
Watch our short video 'how to' guide below, or alternatively read on for a written explanation of cricket spread betting.
It's easy to open an account
Bet on Runs, Bowler Performance or wides, 4s or 6s. Find out more via the links below.
Cricket spread betting training
Cricket spread betting 'buy' example
Cricket spread betting 'sell' example
Cricket series spread bets
Cricket Supremacy spread bets
Batsmen cricket spread bets
Bowler cricket spread bet
Run-related cricket spread bets
To place a bet, look at the Spreadex prediction or spread on the market in question. If you think the outcome will be higher than our price, then you would buy on the spread. If you think the outcome will be lower than our price, then you would sell on the spread.
The more right you are the more you can win, but the opposite is the case if you get it wrong, as you may lose more than your initial stake.
Use the 'i' button to get further information on specific bets when looking at live markets offered by Spreadex.
Try our interactive widget below for examples of how cricket spread betting works for a theoretical £10 bet on different markets. Alternatively, read on for more examples explaining how to place a cricket spread bet. The widget shows in more detail how spread betting markets can differ in volatility. For example, the range of the outcomes for a Team Runs or Multi-Fours spread bet are greater than for the 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 you are comfortable with for different markets. Try using the widget for different cricket markets to see how potential profit and loss levels can vary. This will help you practice cricket spread betting and give you an idea of how the markets work before you try for real yourself.
It’s the morning of the 1st Test of the Ashes, and you think it is going to be a while before England take an Australian wicket, so take a look at Spreadex’s Wickets spreads. Spreadex is quoting 1st Australia Wicket at 34-39, suggesting a prediction of 34 to 39 runs before the 1st wicket is taken. You decide to buy £2 at 39. As you predicted, Australia rack up a century before England take their 1st wicket, leaving you with a profit of £122 ((100 – 39) x £2). Let’s say England were slightly quicker off the mark, bowling out an Aussie batsman after 60 runs total. You still would have made a profit of £22 ((60 – 39) x £2). However, if England’s bowlers are in fine form that day, and take the 1st wicket after just 3 runs, you would incur a loss of £72 ((3 – 39) x £2).
Inversely, let’s say that at the start of England’s 1st innings, you think Australia will quickly start dispatching of English batsmen, so you take a look at Spreadex’s Wicket spreads. Spreadex are offering a 1st England Wicket spread of 28-32, and you choose to sell £2 at 28. In classic England fashion, they collapse quickly, losing a wicket after just 5 runs, leave you with a profit of £46 ((28 – 5) x £2). Even in a scenario where England last a tad longer, and make 24 runs before losing their 1st wicket, you would still end up with a profit of £8 ((28 – 24) x £2). On the flip side, if England manage, say, 50 runs before losing a wicket, you would lose £44 ((28 – 50) x £2).
Cricket is arguably the perfect sport for spread betting with the scoring pattern of team and batsmen runs ideal for opening and closing bets in-play to either take a profit or cut a loss.
Before a match our traders will make a prediction or 'spread' on the amount of runs a team, or each individual batsmen, will score.
This spread is constantly updated after every ball and will move up or down depending on the run-rate, number of wickets to have fallen or the changing pitch or weather conditions.
This allows spread betters to pit their skill and judgement against our traders and open or close bets at any time during the game to try and turn a profit.
50/100 Ups: The combined number of runs, scored by individual batsman, over and above either 50 or above 100, in a series.
Player Runs/wickets: The total number of runs scored, or wickets taken, by a named player during an entire series.
For example, Spreadex may predict that two leading batsmen will score between 405-425 and 390-410 runs each over a full Test series.
Total 4s/6s/run-outs/wides: The total number of 4s, 6s, run-outs or wides during a series.
For a Supremacy spread bet, the winning margin is based on either one point per run won by or 10 points per wicket won by.
For example Spreadex may quote Team A over Team B with a Supremacy price of 10-20.
If Team A beats team B by 60 runs, the market will make-up at 60. So a £4 buy at 20 in this instance will result in a £160 profit ((60-20) x £4 = £160).
However, if Team B won by one wicket, the market would make-up at -10 and the £4 buy at 20 would result in a £120 loss ((-10-20) x £4 = -£120).
Batsmen cricket bets
One of the most popular markets among Spreadex clients, Batsmen Runs bets are based on the total number of runs a batsman will score, either in one innings, over a full match or over a series.
For example Spreadex may quote 55-60 for an opening batsman’s first innings runs in a Test match.
If that batsman was out for 25 runs, the market would settle at 25. So a £2 sell at 55 would result in a £60 profit ((55-25) x £2 = £60).
If the batsman had made 70 before having his wicket taken, the £2 sell at 55 would have lost £30 ((55-70) x £2 = -£30).
Bowler cricket bets
Series Wickets: A prediction, or 'spread', of how many wickets a named individual will take over a series.
Bowler Performance: Bet on a bowler's performance over a single Test match based on 10 points being awarded per wicket with a bonus of 25 points awarded for a five wicket haul (potential 50 point bonus if bowler takes five wickets in each innings).
Player Performance: Bet on a named player's performance in a One Day match. Players are awarded points on the following basis: 1 point per run, 10 per catch, 20 per wicket and 25 per stumping. So if a wicket keeper took two catches, made one stumping and hit 24 runs with the bat, his market would make up at 69 ((10 x 2) + 25 + 24).
Run-related cricket bets
Batsmen Runs: A prediction of how many runs a batsman will score, either in an innings or over a whole match.
Team Runs: As above, but for a full team's runs as opposed to an individual player.
First 6/15 Over Runs: The total number of runs a team will score after either 6 or 15 overs.
Session Runs: The total number of runs scored by a team in a particular session of play in a match.
Fall of Next Wicket: The number of runs a team will have scored when the next wicket falls.
Index-based cricket bets
25:10 Index: Spread based on the winning team being awarded 25 points and the losing team receiving 0.
If the game is a draw, both teams receive 10 points.
Outright Index: Bet on how a team will perform ahead of a major tournament.
E.g. we may offer an index based on 60 points awarded to a tournament winner, 40 points to the runner-up, 20 points to the losing semi-finalists and 10 points to the losing quarter-finalists.
Cricket fixed odds bets
Spreadex also provides a full fixed odds cricket betting service with many markets offered in-play and three Cash Out options available.
You can find all your favourite fixed odds cricket bets such as Match Odds, Top Batsmen, Top Bowler, Over /Under, Next Man Out, Method of Dismissal etc with prices displayed in fractional or decimal format.
Click here to see our Fractional/Decimal Odds Conversion Table.
Click here to see our Accumulator and Multiple bets guide.
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