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Cricket's three formats and familiar competitions

Cricket is played in three main formats — T20, ODI and Test. The style of play differs across each format, and so do the betting markets.

T20 ODI Test

T20 format gives each team just 20 overs, so the pace is fast and the situation can change from moment to moment. BPL and IPL are held in this format, and both tournaments are the most popular among Bangladesh fans.

ODI, or one-day matches, give each team 50 overs. Strategy is more complex here — run rate, powerplay and middle-over play all play a big role in setting market odds. ICC One-Day International series and the World Cup are held in this format.

Test matches run over five days and are the longest form of cricket. A draw is a valid result in Tests, so you can bet on three possible outcomes — Team A win, Team B win, or draw. Pitch conditions, weather and the use of spin are important factors.

The T20 World Cup, Asia Cup and ICC Champions Trophy are major international tournaments where the Bangladesh Tigers take part and fan interest is at its highest.

477 bet cricket tournament formats and market types

How betting on football and other sports differs

Alongside cricket, football is also popular for betting at 477 bet. In football, three outcomes are possible for each match — home win, away win and draw — which differs from T20 or ODI cricket, where there are usually only two outcomes.

Football offers markets such as goalscorer, half-time score and number of corners. Just as the situation changes over by over in cricket, odds in football shift quickly after each goal. Live betting feels a little different in each sport — in cricket, a single wicket falling can change the course of a match.

Markets are also available on tennis, badminton and other sports. Each sport has its own market structure; cricket has specific markets like the toss or top batsman that other sports do not. It makes sense to bet on sports you follow closely.

Betting is for entertainment — it is not a source of income. Read the Responsible Gaming page for guidance on playing responsibly.

Cricket vs football markets: Cricket offers toss bets, top wicket-taker and over run markets that are not found in football.

The draw factor: A draw is possible in Test cricket and football, but in T20 or ODI one team usually wins.

In-play pace: T20 betting can shift on every ball; in football the big changes come after a goal.

7 popular cricket markets players choose

Below is a brief introduction to each market and a simple example of how it works.

Match Winner

A bet on which team will win the match. Example: in a T20 between Team A and Team B, if you pick Team B and they win, your bet is successful.

Simplest

Toss Winner

A bet on which team will win the toss. The toss is essentially a 50-50 chance, so odds are roughly even. A quick and fun market.

Fast result

Top Batsman

Which batsman in a given team will score the most runs. Example: pick which batsman from Team A will be the top scorer in the innings.

Specialist knowledge

Total Runs Over/Under

Whether the total runs in a match will be over or under a set number. Example: T20 total runs over or under 320.

Stats-based

Multi Bet

Combine several selections into one bet. Example: pick 3 selections across 3 separate matches and the odds multiply — but all of them must win.

Higher returns

Powerplay Runs

A bet on how many runs will be scored in the first 6 overs (powerplay). The form of the openers and pitch conditions are key factors here.

T20 special

Method of First Wicket

How the first wicket will fall — caught, bowled, LBW or run out. A fun market for those who like to analyse in a little more detail.

Specialist pick

How to read odds — three formats explained simply

Odds are written in three ways — Decimal, Fractional and American (Moneyline). 477 bet generally uses decimal odds, but knowing all three means you can read odds anywhere.

Format For a Team A win Meaning
Decimal 3.00 ৳1,000 stake → total return ৳3,000 (profit ৳2,000)
Fractional 2/1 ৳2 profit for every ৳1 staked, plus original stake returned
American +200 ৳200 profit on a ৳100 stake (plus sign = underdog)

Example 1 (even chance): Team A's odds of winning are 3.00 decimal, 2/1 fractional, +200 American — all three say the same thing. On a ৳1,000 bet, if Team A wins you get back ৳3,000 in total (৳2,000 profit plus ৳1,000 stake); if they lose, you lose ৳1,000.

Example 2 (favourite): If Team B is the favourite, odds are 1.80 decimal, 4/5 fractional, -125 American. Negative American odds show how much you need to stake to win ৳100. On a ৳1,000 bet, if Team B wins you get back ৳1,800 in total (৳800 profit).

Lower odds mean the outcome is considered more likely and the profit is smaller. Higher odds mean it is considered less likely, but you win more if it comes in. These numbers are market estimates — not guaranteed outcomes.

477 bet odds formats and betting calculation guide

Live in-play betting — how odds change during a match

In-play betting is the option to place bets after a match has started. In cricket this is especially engaging because every wicket, every six or a run-out can change the course of a match — and odds shift accordingly.

When a wicket falls: The batting team's odds lengthen (their chance of winning decreases) and the bowling team's odds shorten.

As overs progress: If the run rate is maintained, the batting team's odds shorten — the pressure eases.

After the powerplay: A good start without losing wickets causes the batting team's win odds to shorten quickly.

Duckworth-Lewis: If the target changes due to rain or bad light, in-play odds update to reflect the new situation.

In in-play betting, watch the match carefully before making your decision. Situations change fast, so timing matters. Live betting is easy on the 477 bet mobile app; the Android APK and iOS versions are available through official channels — see the 477 App page for details.

In-Play Markets

  • Next wicket to fall
  • Runs in the next over
  • Current match winner
  • Total runs in remaining innings
  • Sixes in the last 5 overs

How multi bets work

In a multi bet or accumulator, several bets are combined into one. The odds of each selection are multiplied together, so the potential return is larger — but if even one selection is wrong, the entire bet is lost.

Selection Odds
Selection 1 1.40
Selection 2 1.60
Selection 3 1.70
Combined odds 3.81 (1.40 × 1.60 × 1.70, approximate)

A ৳100 bet returns ৳381 if all three win. But if any single selection is wrong, the full ৳100 is lost. Multi bets are exciting but carry higher risk.

Things to remember about multi bets

  • Every selection must win independently.
  • Higher odds mean a bigger return — but the risk increases too.
  • Two related bets from the same match generally cannot be combined.
  • Try multi bets with small stakes — it is for entertainment.

Some practical tips for cricket betting

01

Set a budget first

Before each session, decide how much you will stake. Stop when you reach that limit — betting is entertainment, not a way to recover losses.

02

Choose markets to match the format

Powerplay markets are popular in T20; innings-based markets are more common in Test. Knowing the format makes it easier to choose a market.

03

No big bets on emotion

There is a tendency to place large bets on your favourite team's matches out of emotion. Make decisions with a clear head — look at the match information, not your feelings.

04

Know the rules

Before placing a bet, read 477 bet's terms and conditions. Have a clear understanding of wagering requirements and restricted markets.

Start cricket betting at 477 bet

Open an account at 477 bet and get a 150% bonus on your first deposit, up to ৳8,000 (wagering 20x the bonus). Minimum deposit is just ৳100 — via bKash, Nagad, Rocket, Upay or bank transfer. Withdrawals are usually completed in 10–45 minutes. Minimum withdrawal ৳500. For players aged 21+. Betting is for entertainment.

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What else is at 477 bet beyond cricket

Beyond cricket, 477 bet also has the popular JILI slot game Charge Buffalo — a high-volatility slot known for fast spins. Visit the Charge Buffalo page to find out more.

If you enjoy live casino, the Aster Live section has table games from Evolution and Pragmatic Play Live — with full details on playing live with real dealers.

The 477 VIP program also has four tiers from Bronze to Platinum — regular players receive weekly cashback benefits.

Common Questions About Cricket Betting

T20 and ODI formats generally have the most markets, as these matches finish in a day and results come quickly. Test matches do have markets, but because they run over five days, in-play markets are more popular. BPL and IPL T20 matches typically have the most markets open.

If a match is cancelled, bets are usually refunded. If a result is determined by the Duckworth-Lewis method, that is treated as a valid result. The specific rules can vary by market, so it is worth checking 477 bet's terms and conditions.

Yes, you can do live in-play betting on mobile using the 477 bet Android APK and iOS app. Both apps are available through official channels. Even on a smaller screen, browsing markets and placing bets is straightforward.

No. Decimal odds of 1.00 mean you get back exactly what you staked — no profit at all. These odds indicate the market considers the outcome almost certain, but in cricket surprising results are always possible. The lower the odds, the lower the profit — keep that in mind.

Both are T20 format tournaments, so the types of markets are much the same. However, because IPL is a larger international tournament, it may have slightly more markets available. BPL is Bangladesh's own tournament — local fans naturally know more about the form of the players involved.

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