In India, cricket betting involves setting a book where the bookmaker accepts bets on various cricket match outcomes. The process starts with analyzing team performance, player statistics, pitch conditions, and weather forecasts to determine accurate odds.
Local bookmakers in India use specialized software to manage their betting operations. This software helps track bets, calculate liabilities, and adjust odds in real-time based on betting patterns. Popular local platforms include Bet365 India, 10Cric, and Betway India, which offer cricket-specific betting options.
To set a balanced book, Indian bookmakers aim to have equal money on both sides of a bet. For example, in an India vs Pakistan match, they adjust odds to attract bets on both teams, ensuring profit regardless of the outcome. This involves monitoring local betting trends and adjusting odds accordingly.
Indian bookmakers also consider local factors like player injuries, team news, and home advantage. They use data from domestic tournaments like IPL and international series to set accurate odds. Mobile apps and online platforms have made cricket betting more accessible across India. |
