Cricket Betting at letsbet — from BPL to the T20 World Cup
Bet on every moment of Bangladesh's most popular sport — before the match starts and while it is live. At letsbet you will find cricket alongside football and many other sports markets.
Cricket Formats and Tournaments — what to bet on in each
In Bangladesh, cricket is more than a sport — it is passion. From the streets of Dhaka to the stadiums, every Bangladesh Tigers match carries a special energy. At letsbet, you can engage with that passion more actively through betting.
T20 is the fastest format — every ball matters and odds change from moment to moment. BPL and IPL are played in this format, making them the two tournaments that attract the most bets from local fans. In the T20 World Cup, ICC international teams compete and the range of markets is much wider.
ODI matches, played over 50 overs, bring strategy to the fore. Run rate, partnerships, and mid-match momentum all come into play, and there is more time to make considered betting decisions.
Test cricket is a completely different experience — in five-day matches you get longer-term markets such as wickets, session results, and series outcomes. Tests have three possible results — Team A wins, Team B wins, and draw — so the odds are structured differently from T20.
Alongside international matches, letsbet regularly offers markets on ICC tournaments. Understanding the format of each tournament makes the whole experience more enjoyable.
Football and Other Sports — plenty of options beyond cricket
Alongside cricket, football betting holds a significant place at letsbet. From top European leagues to international tournaments — match winner, goalscorer, handicap, and over/under goals markets are available every day.
The main difference between cricket and football betting is the number of outcomes. In football, a draw is a common result, so there is a three-way market. In T20 cricket there is no draw — only one of the two teams wins. Understanding this difference makes choosing markets easier.
Tennis, badminton, and other individual sports generally have fewer markets, but live betting options are often interesting — especially when the pace of a match changes quickly.
For those interested in casino games, letsbet has a Virtual Casino — where you will find live dealer tables and interactive games together.
Football
Three-way market (win / draw / loss), goalscorer, handicap and over/under goals — live markets every day.
Popular Cricket Betting Markets — how each one works
The following markets are generally available for cricket matches at letsbet.
Which team will win?
Bet on either of the two teams. There is no draw in T20 or ODI, making this the simplest market. Example: if Team A wins, your bet pays out; if Team B wins, your bet is lost.
Who will win the toss?
Bet on which team will win the match toss. This is not related to the match result — it is a completely separate market. Usually the probability for both teams is roughly equal.
Who will score the most runs?
Bet on which batsman from a given team will score the most runs in an innings or across the full match. A player's consistent form within the team is a key factor here.
How many total runs will be scored?
The bookmaker sets a specific run total. You bet on whether the total runs scored will be more than that number (over) or fewer (under).
Who will take the most wickets?
Bet on which bowler will take the most wickets in an innings. Pitch conditions and environment are the key factors here.
Bet on multiple matches at once
Combine the results of three separate matches into one bet. If all are correct, the odds multiply and your return increases — if even one is wrong, the entire bet is lost.
For more details on available markets and the betting experience, see the letsbet Bet sportsbook page.
How to Read Odds — three formats explained simply
Odds on a betting site can be shown in three ways — decimal, fractional, and American. letsbet generally uses decimal format, which is the easiest to understand.
Example 1 — the same price in three formats:
Say you bet ৳500 on Team A to win. The odds are — decimal 3.00, fractional 2/1, American +200 — all three are the same price. If the bet wins, you get back ৳1,500 (৳1,000 profit + ৳500 original stake). If the bet loses, you lose ৳500.
Example 2 — odds on the favourite:
Team B to win — odds decimal 1.80, fractional 4/5, American -125. American minus odds show how much you need to bet to win ৳100 profit. On a ৳500 bet, if it wins you get back ৳900 (৳400 profit).
Decimal odds are the simplest — multiply the odds by your stake to get the total return. The higher the odds, the less likely the outcome is considered to be.
| Format | Team A (underdog) | Team B (favourite) |
|---|---|---|
| Decimal | 3.00 | 1.80 |
| Fractional | 2/1 | 4/5 |
| American | +200 | -125 |
| Return on ৳500 bet | ৳1,500 | ৳900 |
Live In-Play Betting — odds shift as the match goes on
The most engaging betting experience in cricket is in-play or live betting. You can place bets after the match has started — and odds are reset after every wicket, six, or over.
Consider this example — Team A is scoring quickly in the first five overs. In that situation, Team A's odds of winning will shorten and Team B's odds will lengthen. But if two quick wickets fall, the situation reverses — odds shift fast.
In live betting, death-over tactics, powerplay use, and spin bowling attacks all have a direct effect on odds movement. So when live betting, keeping close attention to the match situation is important.
In Test cricket, live betting is even more strategic — session-based markets, the run at which the next wicket will fall, or how many runs will be scored in the next session — these kinds of short-term markets are available to bet on.
If you want to follow matches and bet from anywhere, you can do both through the letsbet App.
Some Practical Tips before you start betting
- Choose one market: Start with a simple market like match winner or over/under. Rather than betting across many markets at once, focus on one or two.
- Stick to a budget: Set a fixed amount for each betting session in advance and do not bet more than that. Betting is for entertainment — chasing losses by increasing bets is not a good idea.
- Understand the format: Even when betting on the same market in T20 and Test, the situation is different. In T20, a single over can change the match; in Test, you need to watch a full day's play before making a judgement.
- Be careful with multi bets: Multi bets offer higher potential returns, but also higher risk. If one of three selections is wrong, the entire bet is lost.
- Play responsibly: Betting is purely for entertainment. Read the responsible gaming guidelines and set your own limits.
Multi Bet Example
Three selections — decimal odds 1.60, 1.80 and 1.90.
Combined odds: 1.60 × 1.80 × 1.90 = 5.47 (approximately).
Potential return on a ৳100 bet: ৳547 — but only if all three selections are correct.
If one selection is wrong, you lose the full ৳100.
Start cricket betting at letsbet — get a bonus on your first deposit
When you join letsbet, you get a 200% bonus on your first deposit, up to ৳8,000. Example: deposit ৳1,000 and receive a ৳2,000 bonus — total balance ৳3,000, wagering requirement ৳30,000 (15 times the bonus). Minimum deposit is just ৳100 — via bKash, Nagad, Rocket or Upay. Withdrawals are generally completed within 15 minutes to 2 hours. Regular players in the VIP programme receive weekly cashback.
For ages 21 and over. Betting is for entertainment purposes.
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