When it comes to online cricket betting, one of the first skills every player must master is understanding betting odds. Odds are not just random numbers—they represent probability, risk, and potential winnings.
On Fairdeal Live, odds are displayed in easy-to-read formats, but if you’re a beginner, they may seem confusing at first. Don’t worry—this guide will walk you through everything step by step.
By the end of this blog, you’ll learn:
- What betting odds mean in cricket
- Different formats of odds used on Fairdeal Live
- How to calculate winnings from odds
- Tips to read odds like a pro
- Why understanding odds improves your betting success
🏏 Introduction: Why Betting Odds Matter
Cricket is unpredictable—one over can change the entire match. Betting odds are the platform’s way of showing:
- The likelihood of an outcome (Team A winning, a batsman scoring 50+, total runs in an over, etc.)
- How much money you’ll win if your prediction is correct.
For example, in a CSK vs MI match, if CSK odds are 1.80 and MI odds are 2.10, Fairdeal is telling you CSK is more likely to win, but MI will give you higher returns if they pull off a victory.
👉 Want to start betting? First, Register on Fairdeal and create your Fairdeal ID.
📊 Types of Betting Odds on Fairdeal Live
Fairdeal Live supports common odds formats that are widely used in international betting.
1. Decimal Odds (Most Common in India)
- Example: 2.00
- Meaning: You win 2x your stake (including your bet).
- If you bet ₹1,000 at 2.00 → you get ₹2,000 back if correct.
2. Fractional Odds (Popular in UK Markets)
- Example: 3/1 (read as “three to one”)
- Meaning: You win 3 units for every 1 unit staked.
- Bet ₹1,000 → Win ₹3,000 + your stake.
3. American Odds (+ / – system)
- Example: +200 means a ₹100 bet wins ₹200.
- Example: –150 means you must bet ₹150 to win ₹100.
👉 On Fairdeal Live, decimal odds are default, making it beginner-friendly for Indian players.
🪙 How to Read Betting Odds: Step-by-Step
Step 1: Identify the Odds Format
Fairdeal shows odds in decimals (e.g., 1.50, 2.75, 3.20).
Step 2: Understand What They Represent
- Lower odds = higher probability, lower payout
- Higher odds = lower probability, higher payout
Step 3: Calculate Potential Winnings
Formula:
Winnings = Stake × Odds
Example:
- Bet: ₹1,000
- Odds: 2.50
- Payout = ₹1,000 × 2.50 = ₹2,500 (₹1,500 profit + ₹1,000 stake returned)
🎯 Example: Betting on a Cricket Match
Match: India vs Australia (T20)
- India odds: 1.70
- Australia odds: 2.20
- If you bet ₹1,000 on India → Win ₹1,700 (₹700 profit).
- If you bet ₹1,000 on Australia → Win ₹2,200 (₹1,200 profit).
👉 Notice how betting on the underdog (Australia) gives higher returns, but risk is also greater.
⚖️ Why Odds Keep Changing in Live Cricket
On Fairdeal Live, odds are dynamic and change ball by ball.
Reasons Odds Shift:
- Wickets falling
- Run rate increasing/decreasing
- Player injuries
- Toss results
- Pitch and weather conditions
Example: If Virat Kohli starts hitting boundaries, odds for India winning will drop because they’re more likely to win now.
📌 Types of Cricket Bets You Can Place with Odds
Fairdeal Live allows a variety of cricket betting markets:
- Match Winner Odds – Which team will win
- Top Batsman Odds – Who scores the most runs
- Top Bowler Odds – Who takes the most wickets
- Over/Under Odds – Total runs in a match/over
- In-Play Odds – Live ball-by-ball betting
👉 Explore more markets on the Fairdeal Games page.
💡 Tips for Using Odds to Improve Your Betting
- Don’t Always Chase High Odds
- Higher odds = higher risk. Balance with safer bets.
- Compare Odds Across Markets
- Sometimes, side bets (top batsman) give better value than match winner.
- Follow Match Trends
- Use live odds movement as a clue to what’s happening in the game.
- Bankroll Management
- Never bet more than 5–10% of your wallet in one bet.
- Use Bonuses for Extra Value
- Fairdeal offers deposit bonuses—learn how in Fairdeal Bonuses Explained.
🎁 Benefits of Understanding Odds
- ✅ Make informed betting decisions
- ✅ Calculate profits in advance
- ✅ Spot undervalued bets
- ✅ Avoid emotional betting
- ✅ Increase long-term chances of success
🔐 Responsible Betting with Odds
Fairdeal promotes responsible gaming. Even if odds look attractive, remember:
- Set deposit and time limits
- Never chase losses
- Treat betting as entertainment, not guaranteed income
👉 For more, see Fairdeal Responsible Gaming.
🙋 FAQs on Fairdeal Live Cricket Betting Odds
Q1. Which odds format is best for beginners?
Decimal odds are easiest to understand and are default on Fairdeal Live.
Q2. Can odds guarantee my win?
No. Odds only represent probability—they don’t ensure outcomes.
Q3. Why are odds different for each team?
Because one team is statistically more likely to win.
Q4. Do odds change during live matches?
Yes, Fairdeal updates odds in real time as the game progresses.
Q5. How do I check odds before betting?
Simply log in to Fairdeal Live Login and navigate to cricket markets.
🏁 Conclusion
Betting odds are the language of cricket betting. Once you learn how to read and calculate them, you’ll have a clear edge in making smarter betting decisions.
On Fairdeal Live, odds are transparent, beginner-friendly, and updated in real time to reflect the thrill of live cricket. Whether you’re betting on the match winner, top batsman, or over-by-over runs, understanding odds is the key to maximizing your experience.
👉 Ready to put your knowledge into practice? Register on Fairdeal Live today and start exploring cricket betting odds like a pro.
