Cricket is one of the most popular sports to bet on, especially in the Indian subcontinent and the UK. Bookies and punters calculate their returns with the help of odds offered for a particular team or an event to occur. Let’s try to understand how the odds are read and how do they work. What is 90 11 in cricket betting? Let’s understand that in the context of cricket betting odds.
What is 90/11 in cricket betting
Whenever a bookie (For example, 1xBet) gives you the odds of 90/11, it is read as 90 to 11. It means that for every ₹11 that you will bet, you will win ₹90 if your bet is settled as a winner. Remember, the ₹90 is just your profit and not your payout. Your total payout will be ₹90 (profit) + ₹11 (initial stake) = ₹101.
Fractional odds are used throughout Europe, except for the UK, where they prefer their odds in decimals.
What are the other type of odds?
In addition to the fractional odds or European odds as seen above, there are two other popular ways in which odds are displayed, decimals, and American or `money-line´ odds.
Decimals are the simplest to understand, as they show the total payout in case your bet wins. For example, if you bet on India to win at the odds of 1.70, you will get back a total of ₹170 for every ₹100 you bet.
American odds are more confusing, as they show you the amount you need to bet to win ₹100 in case you are backing a favorite, or your winnings if you bet ₹100 if you are backing the underdog. For example, in a match between India and Bangladesh, if you bet in India at (-479), you will need to bet ₹479 to win ₹100, while if you bet in Bangladesh to win at (+350), a ₹100 bet will fetch you ₹350.
What is 90 11 in cricket betting? Now, you know!