Cricket betting in 2026: how the odds work, what the markets cost and which bookmakers hold a UK licence

Updated October 2026
Licensed
usAvailable in US
Fast payouts
18+ Only

Data current as of 27 October 2026 and checked against the Gambling Commission’s public register. The page covers the price of a cricket bet and what surrounds it: how each format shapes the markets a bookmaker offers, where the bookmaker’s margin sits inside the odds, how in-play and cash-out change during a session, and what the ten GB-licensed brands reviewed here actually deliver. A calculation of margin for an illustrative two-way market sits where the price discussion belongs.

A ball on the centre spot of a grass pitch in morning light
A cricket side has 11 players.

Live betting and cash out on a cricket match

Live cricket betting sits closer to the action than any pre-match market. A wicket falls, the odds on the next batter lengthen in seconds; a fifty is reached and the match-total line drifts before the broadcast has caught up. In-play cricket betting is the act of placing a bet after the first ball has been bowled, on a market whose price the bookmaker reprices ball by ball. The bookmaker’s obligation is to settle on the result the moment the market closes; the punter’s obligation is to accept the price the screen shows at the moment the bet is confirmed.

The momentum of a cricket innings is unusual. A Test match stretches over five days, a session is roughly thirty overs, and the conditions change by the hour: the ball softens, the pitch dries, the lights come on. A punter watching a session unfold sees a market that responds to a wicket, a partnership of fifty, the introduction of a spinner, or a batting Powerplay. In an ODI the powerplay runs the first ten overs and is a window where field restrictions force risk; in a T20 it is the first six. The bookmaker’s in-play markets on these phases are where prices move fastest, and where the punter’s timing matters most.

An empty football stadium with floodlight masts at dusk
In an ODI each side bats a fixed 50 overs.

What follows from placing a bet live is the rule that the price the punter accepts is the price at which the bet is struck, regardless of what the screen shows a second later. Cricket betting live markets close briefly while a ball is in play; a bet placed during that closure is rejected. Cash out turns that same in-play market inside-out: rather than waiting for the result, the punter closes the bet early at a price the bookmaker sets. A cash-out offer is the bookmaker’s own valuation of the position at that moment, and it is invariably less generous than a full pre-match or in-play price because the bookmaker is taking the other side of the trade.

Live cricket bettors also see two features that are standard at GB-licensed bookmakers: a partial cash out, which settles part of the stake and leaves the rest running, and an auto cash out, which triggers when a chosen profit threshold is reached. Both are governed by the bookmaker’s own terms, and both can be suspended mid-innings without notice when the market itself is suspended. The suspension itself is the most practical fact about live betting: if the punter cannot see a price, the punter cannot place a bet.

The most consequential difference between live and pre-match betting is the bookmaker’s margin on a moving line. A pre-match market for the winner of a Test is a stable, two-or-three-way price that holds for days. The same market in-play is repriced continuously by a trader watching the match. The pre-match price has had time to be sharpened; the in-play price has not. The punter who places a bet a ball after a wicket falls is paying for that delay, in a margin that is wider than it was an over earlier and tighter than it will be by the next interval.

A live bet on cricket is settled on the result at the moment the market closes. If the match is abandoned, the bookmaker’s rules apply: most live markets on an abandoned match are voided, with the stake returned; a small number, on outcomes already settled by what has happened on the field (a batter past fifty, a partnership past a hundred), stand. The punter who values live betting for what it gives — a price that responds to the match — also pays for it in wider margins and shorter windows, and the cash-out price is the cleanest expression of that trade.

Cricket predictions, tips and the bankroll behind them

Cricket betting predictions are forecasts of outcomes the punter cannot control: the winner of a Test, the top batter in a T20, the team to hit the most sixes in an innings. Cricket betting tips are the public form of those forecasts: short, confident statements attached to a stake. Cricket match betting tips and free cricket betting tips prediction are the same product under different names, and what they share is the absence of any method that survives a closer look.

An empty courtroom with wooden benches in morning light
In rain-affected ODIs the Duckworth-Lewis-Stern method usually sets the target or result.

A prediction is built from form, conditions and the match-up. Form is the record of the two sides over the last few matches: win-loss, runs scored, wickets taken. Conditions are the pitch, the weather and the time of day. The match-up is the head-to-head and the specific players involved. None of these inputs is novel, none is hidden, and the punter who reads a betting prediction is reading a compressed summary of public information the bookmaker’s own traders have already priced.

What follows from that compression is that any tip with a confident edge is selling certainty that the odds have already discounted. A tipster who claims a permanent edge is claiming to know more than the market, which is what every trader in the market is trying to do; the average tipster is not the trader the bookmaker is pricing against. The free cricket betting tips prediction that arrives in a punter’s inbox before lunch is rarely a contrarian read; it is a popular read, and the popular read is the one the bookmaker has anticipated.

The bankroll is the practical answer to the prediction problem. A bankroll is the amount of money the punter has set aside to bet with, and staking a fixed percentage of it on each bet is the discipline that keeps a session of tipping from becoming a session of chasing. Cricket match betting tips that ignore staking advice are selling the wrong end of the trade; the tip is half of the bet, and the stake is the other half.

Today cricket betting tips and tips for cricket betting arrive in three forms. Form one is the betting prediction posted on a tipster site with a record advertised in points. Form two is the in-running commentary on a live stream, where a presenter is suggesting a stake on the next market. Form three is the punter’s own notes from a match they have watched. The boundary that separates a tip from advice is whether the tipster is staking their own money on the line; the boundary that separates a tip from marketing is whether the tipster is paid by the bookmaker.

What follows for the punter is the difference between an outcome and a price. A prediction is a forecast; a price is the cost of acting on the forecast. A forecast that the home side wins a Test against a forecast that the home side is at 2.5 (3/2) is a different fact with a different risk attached. The punter who treats a tip as an outcome rather than a price is acting on a forecast without pricing it, which is the most common way a tip loses. Tips and predictions have the same limit: the punter cannot know who will win, and the page that claims to know is selling a fantasy.

The closest the punter can get to a forecast is the bookmaker’s own market, which is itself the consensus of traders, form data and live information. Using a tip to enter a market that the bookmaker has mispriced is what every trader attempts, while using one to enter a market that has been priced correctly means paying a margin on top of the consensus. Either way, the bankroll is the discipline, the price is the cost, and the tip is the read.

Bet types, odds and the price of a cricket bet

Cricket betting odds are prices of outcomes on a cricket match. The two forms the punter sees at a GB bookmaker are fractional and decimal. Fractional odds of 5/1 mean a stake of £1 returns £6 (£5 profit plus the £1 stake); decimal odds of 6.00 mean the same. Conversion is mechanical: a/b in fractional becomes (a ÷ b) + 1 in decimal. The two forms carry the same information, and the punter who can read both pays no attention to which the screen shows.

A cricket bet is a contract on one outcome of one market. The market is the question the bookmaker is offering a price on: who wins the match, who wins the toss, who scores the most runs, what the total is at the close of play. The price is the punter’s reward for being right. The stake is the amount the punter puts down; the return is the stake plus any profit, paid out only if the bet wins.

The simplest cricket bet is the single: one selection, one stake, settled on one outcome. The double is two selections, both of which must win, with the price of the two multiplied into one combined price. A treble is three, an accumulator (“acca”) is four or more. The punter who backs a fourfold accumulator at 2.00, 2.00, 2.00 and 2.00 has a combined price of 16.00; a £5 stake returns £80 if all four win, and nothing if any one loses. A Lucky 15 is fifteen bets on four selections, covering singles, doubles, trebles and a fourfold; a Trixie is four bets on three selections; a Heinz is fifty-seven bets on six.

Each-way betting is a pair of bets of equal stake, one on the selection to win and one on the selection to place. In horse racing the place terms are clear; in cricket the place terms are set by the bookmaker and are most often one quarter the odds for a top-two finish or one fifth for a top-three. An each-way bet doubles the stake, so a £10 each-way bet costs £20.

A bet builder (also called a same-game multi) is a combination bet on outcomes from one match: the team to win, the top batter to score over a threshold, the total to be under a number. The combined price is multiplied across selections, and the margin is the bookmaker’s mark on each leg and on the combined product. The punter who likes a builder should check that each leg is independently priced; the bookmaker may offer a combined price below the multiplied singles.

In-play bets are the same markets priced live during the match. A cash out settles the bet at the bookmaker’s valuation before the match settles the outcome. Partial cash out and auto cash out are refinements. Ante-post markets are bets placed before a tournament starts: the winner of the World Cup before the first ball is bowled. Ante-post bets typically lose the stake if the selection does not start, and a Rule 4 deduction applies when a selection withdraws.

The price a punter sees is the price the punter pays, and the bookmaker’s margin sits inside it. A two-way market at decimal odds of 1.90 / 1.90 is the cleanest expression of a margin. The implied probability of each side is 1 ÷ 1.90, or about 52.63 per cent. The two sides together imply 105.26 per cent, and the excess over 100 per cent is the bookmaker’s margin: roughly 5 per cent. That is what the bookmaker keeps of every unit bet on this market, on average. A two-way market at 1.85 / 1.85 implies 54.05 per cent on each side and a bookmaker margin of about 8 per cent. A market at 1.95 / 1.95 implies 51.28 per cent each and a margin of about 2.5 per cent. The margin is the difference between a fair price and the offered price, and the punter who reads it is paying it on every bet.

The margin is not a fee charged at the end of the bet, and it is not a charge the punter sees itemised on the betting slip. It is the long-run cost the punter pays by accepting prices that, in aggregate, return less than a stake for every outcome. A market with a 5 per cent margin returns the punter, on average across many bets, 95 pence of stake plus winnings for every pound staked; the rest is the bookmaker’s take. That is the cost of the bet, and it is invisible until the punter asks what it is.

The calculation: an illustrative two-way market at decimal odds of 1.90 / 1.90. The implied probability of each side is 1 ÷ 1.90 = 52.6316 per cent. The two sides imply a total of 105.2632 per cent. The margin is the excess over 100 per cent, so 5.2632 per cent, or roughly 5 per cent rounded. A punter who backs a side at 1.90 on this market is paying, on average across many bets at this price, about 5 per cent of stake as the cost of the bet. The margin is a band, not a single figure: the bookmaker’s margin on a single match-winner market typically runs from about 2 to 8 per cent, the wider end of the band reflecting less popular events and the tighter end reflecting heavily priced events. The band itself is the right shape for the answer, because the actual margin varies by event, market and bookmaker.

A market on the outright winner of a Test series is wider than the margin on a single match; a market on a specific batter’s runs in an innings is wider still. The punter who watches the margin has a way to choose between two bookmakers offering the same match: the tighter margin is the cheaper bet, all else equal. The punter who watches the margin across markets has a way to choose between the markets: the match-winner market is usually tighter than the top-batter market, and the top-batter market is usually tighter than the method-of-dismissal market.

The odds are the price, the return is the payout, and the margin is the cost. Cricket betting odds and cricket bet odds are the same fact in different words, and reading them is the difference between paying 95 pence on the pound and paying 92 pence on the pound.

Cricket formats, tournaments and the calendar

Cricket betting sits on three international formats, a domestic calendar and a tournament cycle. A cricket side has eleven players. The three international formats are Test matches, One Day Internationals and Twenty20. The punter who bets on a cricket match is betting on one of these formats, and the markets a bookmaker offers on each are shaped by what the format allows. A Test match lasts up to five days with up to four innings in total (maximum two per team), with a minimum of ninety overs scheduled per day. A draw is an outcome, and markets on the draw are quoted as a third price alongside the two sides. A match not won by either side is a draw, and the punter who backs a draw is betting on the most common outcome of Test cricket.

An ODI each side bats a fixed fifty overs. A tie is an outcome: if scores are level when the chasing side is all out or out of overs the match is a tie. In rain-affected ODIs the Duckworth-Lewis-Stern method usually sets the target or result; if too few overs are played (typically twenty) the match is a no result and most markets are voided. A Twenty20 each team bats a maximum of twenty overs (one hundred and twenty legal deliveries), a bowler may bowl at most four overs, and a tied match is decided by a super over.

The punter who backs a T20 winner at 2.50 is betting on a match that ends inside three hours; the punter who backs a Test winner is betting on a match that ends across five days. The duration shapes the market. A Test match has session markets, over markets at the fall of a wicket, and partnership markets that last for an hour; a T20 has markets that reset every over. The in-play product is different on each format, and the punter who watches live betting on a Test will see a market that behaves very differently from the live market on a T20.

The International Cricket Council governs cricket; twelve full members hold Test status, and the World Test Championship began its inaugural season in 2019. The 2026 ICC Men’s T20 World Cup was held from 7 February to 8 March 2026, co-hosted by India and Sri Lanka with twenty teams, and India won, beating New Zealand by 96 runs in the final. The Hundred, the Indian Premier League, the Big Bash League, the Caribbean Premier League, the Pakistan Super League and the Vitality Blast are the T20 leagues a GB bookmaker prices most heavily. County cricket is the domestic English competition, and the Vitality Blast and the Royal London One-Day Cup are its limited-overs competitions.

The calendar a punter sees at a GB bookmaker in any given week is a stack of fixtures from all three formats. A punter betting on cricket in the English summer is betting on Test series, ODIs against touring teams, the Vitality Blast, the Hundred and county four-day cricket. A punter betting in the English winter is betting on tours abroad, the Big Bash, the BBL, the SA20 and Test series played in the southern hemisphere. The market depth varies with the calendar: a Test series between India and England prices a hundred markets a bookmaker will offer; a county four-day match between Sussex and Middlesex prices a tenth as many.

A cricket betting site at a GB bookmaker prices every international match and most domestic matches. The punter who wants to bet on cricket sees the World Cup, the Ashes, the IPL and the Hundred on the same page, with the depth of markets reflecting the popularity of the event. The match-winner market on the Ashes is the tightest margin on the calendar; the top-batter market on a Kent vs Sussex four-dayer is wider than the price on the same market at an Ashes Test. The punter who watches the margin is reading the popularity of the event into the price.

Cricket bet and betting on cricket are the same activity; cricket match betting, cricket World Cup betting and best cricket betting sites are the same set of bookmakers. Cricket betting sites that price Test match draw markets price T20 tie markets; the punter who looks for the draw on a T20 will not find it, because the format does not end in a draw.

Ten GB-licensed bookmakers for cricket, ranked and reviewed

A bookmaker listed here holds a Gambling Commission remote licence for Great Britain, and the licence number and holder are stated below from the Commission’s public register. The brands are reviewed by what they actually deliver on cricket: the markets they price, the in-play product, the welcome offer, the mobile app and the limits. A licence is a baseline, not a recommendation; a place in the comparison is not a licence.

Fitzdares – the small-stakes specialist with racing roots

Fitzdares is a long-established British bookmaker whose app offers cash out, accumulators, Lucky 15s, specials and antepost markets on horse racing, football, tennis, rugby, cricket, golf and American football, with in-play live odds. The product reads as a premium bookmaker with a betting exchange on the side; the welcome market is small and the limits are tighter than the big brands. Cricket coverage on Fitzdares runs through the international calendar with ante-post outrights on major series and match markets for Test, ODI and T20 internationals. The licence on the Commission’s register is 000400-R-103839-030, in the name of Fitzdares Limited.

Fitzdares suits the punter who wants a smaller bookmaker with a personal account manager and is comfortable with lower limits in exchange for the personal service. The Cricket betting product on Fitzdares is solid rather than spectacular: the match-winner market is priced but the in-play depth is thinner than at William Hill or Paddy Power.

Geoff Banks – the GB Sports Advisors shop with personal service

Geoff Banks is published by GB Sports Advisors Ltd and offers live in-play prices and ante-post prices on future events. The brand is a small independent bookmaker with a strong racing heritage that provides cricket markets covering the major international fixtures. Its official status is confirmed by the Gambling Commission licence 054095-R-330366-010, held by GB Sports Advisors Limited.

Geoff Banks suits the punter who wants a small bookmaker with a phone number at the end of it and is willing to accept a thinner market list in exchange for a personal touch. Cricket betting on Geoff Banks focuses on major international events and prominent domestic tournaments, offering a specialist service rather than sheer market volume.

BetVictor – Best Odds Guaranteed on racing, Smart Stats on cricket

BetVictor offers Best Odds Guaranteed on UK and Irish horse racing, enhanced live race streaming and a BetFinder feature for finding racing bets, alongside Smart Stats. The product is a serious sportsbook with a long history, a deep cricket offering and a welcome offer that depends on the season. The licence on the Commission’s register is 039576-R-319370-028, in the name of BV Gaming Limited.

BetVictor suits the punter who wants a serious sportsbook with deep market coverage and is comfortable with a slightly less polished app than the market leaders. Cricket betting on BetVictor spans the international calendar and the major domestic leagues, with Smart Stats adding value to match-winner and top-batter markets.

DAZN Bet – the streaming brand with a sportsbook attached

DAZN Bet deposits start at £5 by debit card, Apple Pay, Paysafecard, Trustly and Skrill, and at £20 by PayPal, with no processing fees. The product is a sportsbook built on top of the DAZN streaming platform, with the deposit limits set low for the casual punter and a cricket offering tailored to major international fixtures. Its operations are licensed under the Gambling Commission number 048756-R-327274-019, held by DZBT Limited.

DAZN Bet suits the punter who wants a streaming service and a sportsbook in one subscription and is comfortable with smaller welcome offers in exchange for the package. Cricket betting on DAZN Bet is built around the international calendar, with the in-play offering providing a sufficient complement to the streaming experience.

William Hill – the high-street name with Best Odds Guaranteed

William Hill pays Best Odds Guaranteed on UK and Irish horse racing from 8 AM on the day of the race, on both single and multiple bets; it does not apply to ante-post, tote or pari-mutuel bets. The product is the largest UK high-street bookmaker, with a deep cricket offering, a polished app and a Best Odds Guaranteed product that does not apply to cricket. The licence on the Commission’s register is 039225-R-319373-015, in the name of WHG (International) Limited.

William Hill suits the punter who wants the most recognised British bookmaker brand with the deepest market coverage and is comfortable with a slightly older app interface. Cricket betting on William Hill covers the international calendar, the major domestic leagues, the Hundred and county cricket, with in-play depth that rivals any competitor.

NetBet – Daily Boosts and Profit Boosts across the calendar

NetBet Sport offers Daily Boosts, Profit Boosts and free bet offers, a Bet Builder with instant dynamic odds, and sports stats for major leagues. The product is a European sportsbook with a UK arm and a wide range of boosted-odds markets across the calendar. It holds the Gambling Commission licence 039170-R-319343-032, registered to Netbet Enterprises Limited.

NetBet suits the punter who wants boosted odds on the major events and a wide range of bet builders across the calendar. Cricket betting on NetBet covers the international calendar with daily boosts on marquee events, and the in-play selection remains competitive against the larger brands.

Coral – the £40 in free bets welcome offer on a £20 stake

Coral’s sports welcome offer is described on its sports betting home page as a deposit and sports bet of £20 or more at minimum odds of 2.0 (1/1), with £40 in free bets issued within 7 days and expiring 7 days after issue, for new GB customers who opt in. The product is the second-largest UK high-street bookmaker after William Hill, with a deep cricket offering and a long-running welcome offer in the same shape every season. The licence on the Commission’s register is 054743-R-330863-014, in the name of LC International Limited.

Coral suits the punter who wants a deep market on a major high-street brand with a long-running welcome offer. Cricket betting on Coral follows the international calendar and the major domestic leagues, with in-play options comparable to the market leaders and a welcome offer with clear eligibility.

Midnite – the £25 in free bets on a £5 stake, with the EVS minimum

Midnite’s site cites Gambling Commission licence 101839 and shows in-play events, an acca builder, popular accas and price boosts with maximum-stake limits. Its sports welcome offer, as stated in the App Store listing, is a £5 or more pre-match bet at odds of EVS (2.0) or greater within 14 days of sign-up, with £25 in free bets and 50 free spins issued on settlement and valid for 7 days. The product is a newer UK-facing sportsbook with a low-cost welcome offer and a tightly-built in-play product. The licence on the Commission’s register is 101839-R-342850-001, in the name of Midnite Limited.

Midnite suits the punter who wants the lowest-cost entry to a GB-licensed sportsbook and is comfortable with a smaller brand. Cricket betting on Midnite includes the full international calendar with a streamlined market list, and the welcome offer requires the lowest qualifying stake among the reviewed operators.

Star Sports – the phone-and-email bookmaker with a 0800 number

Star Sports lets customers speak to a trader directly on 08000 521 321 to open an account, place bets or ask customer queries, and also offers support at [email protected]. The product is a long-established UK bookmaker with a phone-and-email customer service model, a deep racing heritage and a cricket offering built around the international calendar. The licence on the Commission’s register is 009177-R-104555-019, in the name of Star Racing Limited.

Star Sports suits the punter who wants a long-established UK bookmaker with a phone-and-email customer service and is willing to accept a thinner digital product in exchange for the personal service. Cricket betting on Star Sports is built around the major international events and the most prominent domestic tournaments.

Paddy Power – the Irish bookmaker with the price boosts

The Paddy Power Sports Betting app is published by Paddy Power PLC and covers football, horse racing, boxing, rugby, tennis, golf, darts, snooker and F1. The product is the largest Irish bookmaker and the second-largest in the UK by handle, with the deepest cricket offering on this list outside bet365 and a long-running welcome offer built around price boosts. The licence on the Commission’s register is 039439-R-319330-013, in the name of PPB Counterparty Services Limited.

Paddy Power suits the punter who wants the deepest market coverage on a major brand with a long-running welcome offer. Cricket betting on Paddy Power runs through the international calendar, the major domestic leagues, the Hundred and the IPL, with in-play depth second only to bet365 and price boosts on the bigger events every week.

Comparison of the ten reviewed brands

The table below sets each brand against its Gambling Commission licence number and the licence holder, alongside the operator’s own terms on the in-play cricket product. A licence number is a unique reference on the Commission’s public register; the holder is the legal entity that holds the licence. A “what the operator’s own terms state” column captures what the operator publishes about its cricket product on its home page or app store listing.

Brand Gambling Commission remote licence number and licence holder What the operator’s own terms state on cricket
Fitzdares 000400-R-103839-030 (Fitzdares Limited) App offers cash out, accumulators, Lucky 15s, specials and antepost markets on cricket, with in-play live odds
Geoff Banks 054095-R-330366-010 (GB Sports Advisors Limited) App offers live in-play prices and ante-post prices on future events
BetVictor 039576-R-319370-028 (BV Gaming Limited) Best Odds Guaranteed on UK and Irish racing; BetFinder and Smart Stats on racing and sports
DAZN Bet 048756-R-327274-019 (DZBT Limited) Deposits start at £5 by debit card, Apple Pay, Paysafecard, Trustly, Skrill and £20 by PayPal; no processing fees
William Hill 039225-R-319373-015 (WHG (International) Limited) Best Odds Guaranteed on UK and Irish horse racing from 8 AM on race day, single and multiple bets
NetBet 039170-R-319343-032 (Netbet Enterprises Limited) Daily Boosts, Profit Boosts and free bet offers, Bet Builder with instant dynamic odds, sports stats
Coral 054743-R-330863-014 (LC International Limited) Welcome offer: £40 in free bets on a £20 qualifying bet at minimum odds of 2.0, 7-day issue and 7-day expiry
Midnite 101839-R-342850-001 (Midnite Limited) In-play events, acca builder, popular accas, price boosts with maximum-stake limits; welcome offer £25 in free bets on a £5 qualifying bet at minimum odds of 2.0
Star Sports 009177-R-104555-019 (Star Racing Limited) Phone trading on 08000 521 321, email [email protected] for accounts, bets and queries
Paddy Power 039439-R-319330-013 (PPB Counterparty Services Limited) App covers football, horse racing, boxing, rugby, tennis, golf, darts, snooker, F1

The brands that share a licence holder sit on the same corporate group: WHG (International) Limited covers William Hill and a number of legacy WHG brands; LC International Limited covers Coral and Ladbrokes; PPB Counterparty Services Limited covers Paddy Power and Betfair. That is the corporate fact the licence number alone does not surface, and the punter who sees the brands listed separately on a comparison site should know they share a parent.

bet365 does not appear in the top ten of this comparison; the punter reading the cricket markets will, however, find bet365’s app referenced separately in the section on mobile apps below, where the fact that bet365 is the most downloaded sports betting app in the UK is the operative point. Several brands licensed in Great Britain do not appear in this top ten, and the punter who wants a wider set should check the Commission’s public register directly.

What online cricket betting covers in 2026

Online cricket betting is the activity of placing a bet on a cricket match, tournament or market through a remote bookmaker licensed in Great Britain. The licensed bookmaker accepts bets on real events under its remote general betting standard licence; the punter’s bet is placed online or through the bookmaker’s app; the bookmaker settles on the result; the punter receives a return only on a winning bet, with the stake returned on any bet that is voided.

The licensed bookmaker is the floor of the market. Every brand reviewed here holds a Gambling Commission remote licence for Great Britain, and the licence number is on the Commission’s public register. The brands are licensed under the Gambling Act 2005, which covers Great Britain (England, Scotland and Wales); Northern Ireland is outside the Act and has its own older law. A licence at the point of consumption is compulsory: providing gambling facilities in Great Britain without the licence the Act requires is an offence under section 33 of the Gambling Act 2005. Since the Gambling (Licensing and Advertising) Act 2014, an operator whose remote facilities are used in Great Britain needs a Commission licence wherever it is based. A Curaçao, Maltese or Gibraltar licence is not a substitute.

The unlicensed offshore bookmaker is the other side of the trade. A bookmaker serving GB customers without a Commission licence is breaking the law at the point of consumption. The punter who uses one is not committing a recorded offence but is losing the protections a GB licence buys: GAMSTOP coverage, a Commission complaints route, an approved dispute-resolution body, the 10x wagering cap on bonuses, the £150 financial vulnerability check. The bookmaker may also withhold funds in a dispute with no British redress.

What follows from the choice between licensed and unlicensed is the trade between protection and price. An unlicensed brand may offer tighter margins, larger welcome offers or higher limits; the punter pays for those in the loss of the protections named above. A licensed brand offers tighter margins on some events, smaller welcome offers and stricter verification, and pays the punter back in those protections. The trade is real, and the punter who knows what they are buying is making a real choice.

A bookmaker serving GB customers is verified before the first bet: name, address and date of birth, since 7 May 2019, including for a customer claiming a free bet or bonus. Identity verification before the first deposit means no anonymous play at a licensed site, and source-of-funds questions at higher spend are normal under the money-laundering rules. The punter who finds verification intrusive is buying a regulated market, and the regulation is the trade.

The fundamentals of cricket are the facts every punter needs before a bet. A cricket side has eleven players. The three international formats are Test matches, ODIs and T20. A Test match lasts up to five days with up to four innings in total. An ODI is fifty overs a side. A T20 is twenty overs a side. The ICC governs cricket, twelve full members hold Test status, and the World Test Championship began in 2019. The 2026 ICC Men’s T20 World Cup was held earlier in 2026 and won by India. A rain-affected ODI is usually settled by the Duckworth-Lewis-Stern method.

The shape of the market is the second fact a punter needs. Cricket betting sites price every international fixture and most domestic fixtures, with the depth of markets reflecting the popularity of the event. The biggest names in the calendar — the Ashes, the World Cup, the IPL — attract the deepest in-play coverage and the tightest margins. A county four-day match in September sits at the other end of the scale, with a thin in-play product and a wider margin. The punter who watches the calendar is reading the market depth into the price.

A bookmaker’s licence is a unique reference on the Gambling Commission’s public register. The punter can search for a brand by its business name, trading name, domain or account number. The search results include the licence categories, the holder, the registered address and the licence status. This register is the definitive test of whether a brand holds a licence; checking it is the only way to verify a provider.

Cricket betting law in Great Britain

Cricket betting law in Great Britain is set by the Gambling Act 2005, which covers England, Scotland and Wales. Northern Ireland is outside the Act and has its own older law, so a GB licence does not regulate Northern Ireland. The Gambling Commission (UKGC) is the regulator, a non-departmental public body sponsored by the Department for Culture, Media and Sport, and the Commission licenses the whole commercial market under the Act. The Gambling (Licensing and Advertising) Act 2014 amended sections 33 and 36 of the 2005 Act to require a Commission licence wherever an operator is based, if its remote facilities are used in Great Britain. A Curaçao, Maltese or Gibraltar licence is not a substitute.

The Commission issues licences in categories. The relevant one for cricket betting is the remote general betting standard (real events) licence, which every brand reviewed here holds. Other categories are remote general betting standard (virtual events), remote general betting limited, remote pool betting and remote betting intermediary (the licence for betting exchanges). A licence for virtual events does not cover real cricket, and a bookmaker holding only the virtual licence cannot offer real-event cricket markets.

There is no state monopoly and no cap on the number of licences. Any interested punter can search the Commission’s public register using the business name, trading name, domain or account number to view the holder and the categories held. Quote no count of licensed brands without its current access date, as the register is the only reliable source for that data.

The minimum age for any gambling activity in Great Britain is 18. Name, address and date of birth are verified before a customer can deposit or gamble, since 7 May 2019, including with a free bet or bonus. A punter who fails verification cannot place a bet, and the bookmaker that allows it is breaking the law.

What may be bet on is not set by statute. There is no list of permitted bets or markets: an operator holds a licence for a category and offers markets under its own rules and the Licence Conditions and Codes of Practice (LCCP). In-play betting is offered by GB bookmakers and the controls are the operator’s licence conditions and customer-protection duties; do not write that in-play is “unrestricted” as a legal conclusion. Esports are treated like any other event; virtual events are a separate licence category; bets on politics, TV shows and novelty markets are offered by GB bookmakers and no statutory prohibition was found. Betting exchanges run under a betting intermediary licence; the rates and rules specific to exchanges are stated only from each exchange’s terms. Spread betting that is not a financial product is inside General Betting Duty.

The legal frame the punter sits in is the Licence Conditions and Codes of Practice. The LCCP sets the customer-protection duties a licensed operator owes: identity verification before the first deposit, GAMSTOP participation, source-of-funds checks at higher spend, financial vulnerability checks at a certain threshold, deposit limits offered on a fixed time frame. The frame is the trade for being licensed, and the punter who buys a licensed brand is buying that frame.

The wagering cap in force since 19 January 2026 sets a maximum of 10x the bonus amount in wagering requirements; mixed-product promotions — an offer that requires gambling on two or more product types — are banned. The punter who sees a welcome offer with a 10x wagering requirement is looking at the cap; a brand offering 50x is offering what is no longer permitted. Whether the cap applies to free bets with no wagering condition is not established; the cap is a ceiling, not a floor.

The credit-card ban has been in force for gambling in Great Britain since 14 April 2020. Credit cards are not accepted at licensed bookmakers, and a payment through an e-wallet funded by a credit card is treated as a credit-card payment. Debit cards and bank-based payments are not covered by the ban. The punter who cannot deposit by credit card at a GB bookmaker is seeing the ban, and the bookmaker that accepts a credit-card payment is breaking the law.

There is no statutory cap on stakes in sports betting. Operators set their own maximum stakes and may restrict customers, and a bookmaker’s house rules sit beside the LCCP. The punter who sees a stake cap on a market is seeing the operator’s own ceiling, not the regulator’s.

The player pays no tax on betting winnings in Great Britain (general information, not tax advice; a professional gambler should ask HMRC or an adviser). General Betting Duty is the operator’s tax on gross profits, currently 15%; from 1 April 2027 a new remote betting rate of 25% applies within it, while remote bets on UK horse racing, bets on self-service betting terminals, pool betting and in-person betting stay at 15% (HM Government policy paper of 26 November 2025); spread betting has its own rates (3% financial, 10% other). Until 1 April 2027 the remote rate stays at 15%; whether operators pass duty on through odds is not established.

Advertising sits outside the Commission’s licensing remit. It is governed by the CAP Code (non-broadcast) and the BCAP Code (broadcast), enforced by the ASA, alongside the LCCP marketing conditions. CAP Code section 16: marketing must be socially responsible, must not be of strong appeal to under-18s, and no one who is or seems to be under 25 may be featured gambling or play a significant role. The “whistle-to-whistle” rule is industry, not law: since 1 August 2019 betting advertisements are not shown on TV from five minutes before a live sporting event to five minutes after it, before the 9pm watershed (horse and greyhound racing excluded). The Premier League clubs’ withdrawal of gambling sponsorship from the front of matchday shirts (from 2026/27; sleeves and hoardings remain) is voluntary.

Safer gambling on cricket betting sites

Safer gambling on cricket betting sites is the set of customer-protection duties a licensed operator owes a punter, and the public records a punter can use to enforce them. The customer-protection duties are set out in the Licence Conditions and Codes of Practice; the public records are the Gambling Commission’s public register, GAMSTOP, GamCare and the National Gambling Helpline.

GAMSTOP is the national multi-operator online self-exclusion scheme and a mandatory licence condition for online operators since 31 March 2020. A punter who signs up to GAMSTOP is excluded from every GB-licensed online bookmaker for a chosen period: six months, one year, five years, or five years with auto-renewal. After the minimum period the exclusion stays in place for a further seven years unless the punter asks GAMSTOP to remove it. GAMSTOP covers online sites and apps; betting shops use a separate service. A punter who is excluded by GAMSTOP cannot place a bet at any GB-licensed online bookmaker, and a bookmaker that accepts a bet from an excluded customer is breaking its licence condition.

A financial vulnerability check (LCCP condition 3.4.4, in force since 30 August 2024) applies to licensed remote betting when a customer’s deposits minus withdrawals exceed £150 in a rolling 30 days, since 28 February 2025. The check is a public-record check (for example bankruptcy or county court judgments), not an income check and not a credit reference check. Financial risk assessments (the “affordability checks” of the press) are announced in a staged plan (Commission article of 7 July 2026), with no start date — write “announced, staged, no start date”, never “in force”.

Deposit limits are a licence condition: operators must offer a gross deposit limit on a fixed time frame. The first changes have applied since 31 October 2025, a second phase was postponed to 30 September 2026, and whether it is live is not established. There is no state-set deposit or loss ceiling for betting: limits are the customer’s choice, and the punter who sets a deposit limit is choosing one. The customer-protection frame is the trade for being licensed.

Help is available from GamCare (the National Gambling Helpline), GambleAware, the NHS gambling clinics network, and Gamblers Anonymous. A punter who feels the betting is becoming a problem can call the National Gambling Helpline at any time of day; the call is free and confidential. The clinics offer treatment as well as advice.

The unlicensed offshore bookmaker sits outside all of this. A bookmaker serving GB customers without a Commission licence is not on GAMSTOP, and a punter who has self-excluded is not excluded there. A punter using an offshore brand has no Commission complaints route, no approved dispute-resolution body, no British consumer redress if funds are withheld, and the operator is not bound by the 10x bonus cap, the £150 vulnerability check, or the safer-gambling duties of the LCCP. The punter who chooses the offshore trade has been paying it in the loss of those protections, and the loss is the trade.

A punter who values the safer-gambling frame buys it at the licensed brand. The frame is the reason the bookmaker leaves the welcome offer smaller than the offshore brand, verifies before the first deposit, and offers GAMSTOP at every site. The frame is not a feature the bookmaker offers as a marketing line; it is the cost of the licence, and the punter who reads it is reading the cost.

Cricket betting bonuses and free bets

A cricket betting offer is a sum the bookmaker adds to the punter’s account, in cash, free bets, profit boosts or boosted odds, in exchange for the punter completing a condition. Cricket betting offers, cricket free betting, cricket free bet and cricket free bets are the same product under different names. The conditions that sit on the offer are the cost, and the ways the conditions vary are the ways the offers are not the same.

A “free bet” is a sum the bookmaker credits to the punter’s account for placing a bet at the bookmaker’s expense: the punter places the bet, and if it wins the punter receives the winnings, with the stake not returned. A free bet whose stake is paid back with a win is a “stake-returned” free bet and is rarer; most free bets in the GB market are stake-not-returned. The punter who treats a free bet as a £10 bonus is treating it as the £10 the stake would have paid if it had been a real bet, and the difference is the cost.

The wagering requirement is the condition that turns a bonus into turnover. The cap in force since 19 January 2026 is 10x the bonus amount; a £10 bonus with 10x wagering needs £100 of qualifying bets, and a brand offering 50x is offering what is no longer permitted. The wagering requirement is settled against the bonus amount, against the deposit plus the bonus, or against the deposit alone, depending on the bookmaker. The punter who reads the requirement is reading the cost.

The minimum odds are the price at which the qualifying bets count toward wagering. A 2.0 (1/1) minimum is the standard in the GB market; a 1.5 (1/2) minimum is generous; a 5.0 (4/1) minimum is restrictive. The minimum odds are the conditions the punter must accept to clear the offer, and the punter who accepts a low minimum is paying the bookmaker in narrower markets.

The expiry is the deadline at which the bonus or the free bet lapses. A 7-day expiry is the standard; a 30-day expiry is generous; a 1-day expiry is restrictive. The deadline is the period the punter has to clear the offer, and the punter who has not read it has not read the cost.

The cap on free-bet winnings is the maximum the punter can keep from a winning free bet. A cap of £500 is standard; a cap of £5,000 is generous; a cap of £100 is restrictive. The cap is the ceiling on what the punter keeps from the offer, and the punter who has not read it has not read the offer.

The Coral welcome offer, as stated on the operator’s home page, is “Get £40 in Free Bets when you bet £20”: a deposit and sports bet of £20 or more at minimum odds of 2.0 (1/1), with £40 in free bets issued within 7 days and expiring 7 days after issue, for new GB customers who opt in. The Midnite welcome offer, as stated in the App Store listing, is a £5 or more pre-match bet at minimum odds of 2.0 within 14 days of sign-up, with £25 in free bets and 50 free spins valid for 7 days.

A price boost is a single price the bookmaker raises above the market for a chosen event; an accumulator insurance refunds one leg of an accumulator if one selection loses; a profit boost raises the price of a chosen accumulator; a cashback refunds part of the stake on a losing bet. Each of these is a different product, and the punter who treats a price boost as a free bet is reading the wrong product.

Mixed-product promotions are banned under the wagering cap in force since 19 January 2026. An offer that requires gambling on two or more product types — “bet on football to get free spins” — is no longer permitted at a GB bookmaker. The punter who sees one is seeing the cap.

The condition that sits on a welcome offer is the trade the punter makes for the credit. A £40 free bet on a £20 qualifying stake is a 2:1 trade; a 10x wagering requirement on a £10 bonus is a 10:1 trade; the punter who accepts the trade is paying the bookmaker in turnover. The trade is the cost of the offer, and the punter who has not read it has not read the offer.

Cricket betting apps and the mobile product

A cricket betting app is a bookmaker’s sportsbook in the palm of the hand. The cricket betting apps, best cricket betting app and cricket betting app are the same product under different names; the best cricket betting apps is the comparison and the betting app for cricket is the brand. A bookmaker’s app is the practical form of the brand for the punter who bets from a phone, and the punter who has not tried the app has not tried the brand.

The screen a punter sees at a GB bookmaker’s app is the sportsbook. The cricket tab opens into the live and upcoming fixtures, with the international matches at the top and the domestic matches below. The match-winner market is one tap away; the in-play product is the second tap; the bet builder is the third. A well-built app is three taps from a placed bet, and a poorly built app is five.

bet365 is the official global betting partner of the UEFA Champions League and its app is described as the most downloaded sports betting app in the UK. The fact is the operative point for the punter who values the polish of the app: bet365 sets the standard for the depth of in-play markets, the speed of the cash-out product and the smoothness of the bet builder, and the punter who has used the brand has used the standard.

Fitzdares’ app offers cash out, accumulators, Lucky 15s, specials and antepost markets on horse racing, football, tennis, rugby, cricket, golf and American football, with in-play live odds. The product on the iOS App Store listing reads as a premium bookmaker with a betting exchange on the side; the welcome market is small and the limits are tighter than the big brands.

Geoff Banks’ app is published by GB Sports Advisors Ltd and offers live in-play prices and ante-post prices on future events. The product is a small independent bookmaker with a strong racing heritage and a cricket offering built around the international calendar. The punter who values the personal touch of a phone-and-email bookmaker will find the app matches.

BetVictor’s app offers Best Odds Guaranteed on UK and Irish horse racing, enhanced live race streaming and a BetFinder feature for finding racing bets, alongside Smart Stats. The product is a serious sportsbook with a long history, a deep cricket offering and a welcome offer that depends on the season.

NetBet’s app offers Daily Boosts, Profit Boosts and free bet offers, a Bet Builder with instant dynamic odds, and sports stats for major leagues. The product is a European sportsbook with a UK arm and a wide range of boosted-odds markets across the calendar.

The Paddy Power Sports Betting app is published by Paddy Power PLC and covers football, horse racing, boxing, rugby, tennis, golf, darts, snooker and F1. The product is the largest Irish bookmaker and the second-largest in the UK by handle, with the deepest cricket offering outside bet365.

Star Sports’ app lets customers speak to a trader directly on 08000 521 321 to open an account, place bets or ask customer queries, and also offers support at [email protected].

Lottoland UK’s app combines casino, lottery betting, sports betting and scratchcards, and it states it is licensed by the Gambling Commission for customers in Great Britain. The product is a lottery-led bookmaker with a sportsbook attached, and the cricket offering is built around the international calendar.

DAZN Bet’s app deposits start at £5 by debit card, Apple Pay, Paysafecard, Trustly and Skrill, and at £20 by PayPal, with no processing fees. The product is a sportsbook built on top of the DAZN streaming platform, with the deposit limits set low for the casual punter.

Midnite’s app cites Gambling Commission licence 101839 and shows in-play events, an acca builder, popular accas and price boosts with maximum-stake limits. The product is a newer UK-facing sportsbook with a low-cost welcome offer and a tightly-built in-play product.

Fitzwilliam Sports offers instant deposits, fast withdrawals, timeouts and deposit limits, and links to GambleAware, GamStop and Gamblers Anonymous. The product is a small independent bookmaker with a serious safer-gambling frame.

A punter who values the app’s polish buys at the major brands. The punter who values the personal service buys at the smaller brands. The punter who values the deposit limits buys at the bookmaker that states them. The app is the practical expression of the brand, and the punter who has tried the app has tried the brand.

The Spreadex and Kalooki notes from the register

Two brands sit on the licensed market and are not in the top ten above: Spreadex and Kalooki Sportsbook. Both hold Gambling Commission licences and both have a cricket-relevant product, and the punter who wants a wider set should know what they offer.

Spreadex is regulated by the FCA for spread betting and by the Gambling Commission for fixed-odds betting, and states that spread betting losses can exceed the deposit. The product is a financial spread-betting brand with a fixed-odds sportsbook attached, and the cricket offering on the fixed-odds side runs through the international calendar. The licence on the Commission’s register is held in the name of the spread-betting operator, and the fixed-odds product is a separate Commission licence. A punter who values the financial heritage and the FCA regulation buys at Spreadex; the punter who values the loss-can-exceed-deposit warning reads the spread-betting product carefully.

Kalooki Sportsbook is operated by Kalooki Sports Book Ltd (company number 12938274), licensed by the Gambling Commission under account number 57730, and is a GAMSTOP member. The product is a small independent bookmaker with a serious safer-gambling frame, a GAMSTOP membership and a cricket offering built around the international calendar. A punter who values the small brand and the GAMSTOP membership buys at Kalooki; the punter who values the deepest market coverage looks at the larger brands.

Where to verify a bookmaker’s licence

A bookmaker’s licence is a number on a register, and the punter who has not checked it has not verified the brand. The Commission’s public register can be searched by business name, trading name, domain or account number. The search returns the licence categories, the holder, the address the holder has registered and the status of the licence. The register is the whole test of who holds a licence, and the punter who has read it has read the licence.

A licence number looks like 000400-R-103839-030. The prefix “R-” denotes a remote licence. The middle group is the Commission’s account number. The suffix is the licence sequence. The punter who reads the number reads the licence.

A licensed operator must use the Commission’s logo on its home page or app store listing, with a link back to the register. The punter who clicks the link is verifying the brand.

An unlicensed offshore brand has no entry on the register. A domain that resolves to no Commission entry is unlicensed. The punter who has searched the register has verified the brand.

A licence number is a unique reference, and the punter who quotes it has quoted the brand. A licence is a baseline, not a recommendation; the punter who treats it as a recommendation has read the wrong thing.

The cricket betting market in 2026: a calculation of margin

The bookmaker’s margin is the cost the punter pays by accepting the odds on offer. The calculation below sets out the margin for an illustrative two-way market at decimal odds of 1.90 / 1.90, as an example of how the price is built rather than as a quoted price.

The implied probability of each side at 1.90 is 1 ÷ 1.90 = 52.6316 per cent. The two sides together imply a total of 105.2632 per cent. The margin is the excess over 100 per cent, so 5.2632 per cent, or roughly 5 per cent rounded. The punter who backs a side at 1.90 on this market is paying, on average across many bets at this price, about 5 per cent of stake as the cost of the bet.

The margin is a band, not a single figure: a typical two-way cricket market at a GB bookmaker carries a margin of roughly 2 to 8 per cent, with the tighter end of the band on the major matchevents and the wider end on the smaller domestic fixtures and the more exotic markets. The punter who watches the margin has a way to choose between two bookmakers offering the same match: the tighter margin is the cheaper bet, all else equal.

The calculation is an average over many bets, not a guaranteed outcome for any single bettor. The punter who backs a single side at 1.90 either wins the bet and returns 1.90 × stake, or loses the bet and returns nothing. The 5 per cent margin is the long-run cost across many bets, and the punter who treats it as a guaranteed cost has read the calculation wrong.

A punter’s checklist before placing a cricket bet

A punter who bets on cricket at a GB bookmaker is buying a licensed market. The checklist below sets out the practical steps a punkter should run before placing a bet, in the order the steps appear.

Step one: verify the brand’s licence using the Commission’s public register. Search the business name, trading name, domain or account number to see if the operator appears. The licence number shown in the register should always match the one displayed on the bookmaker’s own home page.

Step two: read the welcome offer. The qualifying stake, the minimum odds, the wagering requirement, the expiry, the cap on free-bet winnings. The trade is the cost.

Step three: check the market depth. The punter who bets on the Ashes gets the deepest in-play product; the punter who bets on a county four-dayer gets a thinner one. The depth of the in-play is the depth of the market.

Step four: check the margin. A two-way market at 1.90 / 1.90 implies a margin of about 5 per cent. A market at 1.85 / 1.85 implies about 8 per cent. A market at 1.95 / 1.95 implies about 2.5 per cent. The punter who watches the margin is reading the cost.

Step five: set a deposit limit. A licensed bookmaker offers a deposit limit on a fixed time frame. The punter who sets the limit is choosing the ceiling.

Step six: register with GAMSTOP if self-exclusion is the right answer. GAMSTOP excludes from every GB-licensed online bookmaker for the chosen period. The exclusion is the trade.

Cricket betting: the punter’s read in 2026

Cricket betting in 2026 is a licensed market on a sport with three formats, a packed calendar and a margin that sits inside every price. The punter who bets on a Test match at a GB bookmaker is buying the frame: identity verification, GAMSTOP, the £150 vulnerability check, the 10x wagering cap, and the dispute-resolution route. The punter who bets on a county four-dayer at an unlicensed offshore brand is buying tighter margins and losing the frame.

The trade is real, and the punter who knows what they are buying is making a real choice. The brands reviewed here all hold a Gambling Commission licence, and the licence number is the verification. The brands are reviewed by what they actually deliver: Fitzdares for the small-stakes specialist, Geoff Banks for the personal-service bookmaker, BetVictor for Best Odds Guaranteed and Smart Stats, DAZN Bet for the streaming-bundled sportsbook, William Hill for the high-street name, NetBet for Daily Boosts, Coral for the £40-in-free-bets welcome offer, Midnite for the lowest-cost entry, Star Sports for the phone-and-email service, Paddy Power for the deepest market coverage.

The punter who bets on cricket in 2026 is paying the bookmaker’s margin on every bet. The margin is the difference between a fair price and the offered price, and the punter who reads it is reading the cost. The margin is invisible until the punter asks, and the punter who asks is buying the cheaper bet.

Frequently asked questions about online cricket betting

What does betting on cricket actually involve?

Placing a bet on a cricket match at a GB bookmaker means choosing a market, choosing a price, choosing an outcome and confirming the bet. The bookmaker prices the market, the punter accepts the price, the bet is struck. The punter’s stake is returned on a voided bet; the punter’s stake plus winnings are returned on a winning bet. The bookmaker settles on the result the moment the market closes.

How does a punter bet on cricket at a GB-licensed bookmaker?

The punter opens an account at a brand holding a Gambling Commission remote licence, verifies name, address and date of birth, deposits by a payment method the bookmaker accepts (debit card, bank transfer or e-wallet; not credit card), and chooses a market on the cricket tab. The in-play product is available on the live tab during a match; the cash-out product is available while the bet is open; the bet builder is available on most major matches. The punter who wants the depth of in-play buys at the major brands; the punter who wants the personal service buys at the smaller brands.

How does a punter win at cricket betting?

Nobody can know who will win a cricket match, and the punter who treats a tip as a forecast without a price is acting on a forecast without pricing it. The bankroll is the discipline: staking a fixed percentage of the bankroll on each bet, accepting the bookmaker’s margin as the cost, and reading the form, the conditions and the match-up. The punter who reads the price is paying the cost; the punter who reads the form is making the forecast; the punter who reads the bankroll is keeping the discipline.

How can a punter check a bookmaker holds a Gambling Commission licence?

The punter can verify an operator by searching the Commission’s public register with the brand’s business name, trading name, domain or account number. The register displays the licence number, the holder, the address and the categories held. A licensed brand also displays the Commission’s logo on its home page or app store listing, providing a direct link to the register entry.

How is the return on a cricket bet worked out?

The return on a winning single bet is stake × odds. A £10 stake at 3.00 returns £30, of which £20 is profit and £10 is the stake returned. A double’s odds are the multiplied prices of the two legs, and a £10 stake at the combined price returns the combined price × £10. An each-way bet is two bets of equal stake, so the stake doubles; the place part pays at the place terms. The return on a free bet whose stake is not returned is stake × (odds − 1).

What is the bookmaker’s margin and where does it sit?

The bookmaker’s margin is the cost the punter pays by accepting the odds on offer. A two-way market at decimal prices of 1.90 / 1.90 implies 52.63 per cent on each side, totalling 105.26 per cent; the excess over 100 per cent is the margin, here about 5 per cent. A market at 1.85 / 1.85 carries a margin of about 8 per cent; a market at 1.95 / 1.95 carries a margin of about 2.5 per cent. The margin is the difference between a fair price and the offered price, and the punter who reads it is paying it on every bet, on average across many bets.

Content created by the «Boxing betting» team