If you’re looking to bet on the 2023 ICC Cricket World Cup you’ve come to the right place! Our Cricket World Cup betting guide has everything you need to know about the championship including a potential schedule and tournament favourites.
Cricket World Cup Betting
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Cricket World Cup 2021: Tournament Schedule
At the moment, the Cricket World Cup schedule is set to begin in October. However, this may change.
The First Round of the tournament will feature a mini-tournament. The mini-tournament will feature eight teams playing for the right to advance to the Super 12 stage.
The top four teams will qualify for the knockout portion of the tournament which will then be followed by the Semi-Finals and the Finals.
Cricket World Cup Betting Types
You can expect top online bookmakers to host a wide range of Cricket World Cup betting types. Some of the most popular betting types you can expect are:
Betting on Cricket World Cup matches is the simplest type of wager. All punters need to do is pick which team they think will win a match. In the case of a tie, most betting sites refund a user’s wager without a payout. Some bookmakers provide the option of betting on a tie. In this case, betting on a certain team to win would result in a lost bet in the event of a tie.
When you bet on Cricket World Cup outright winners, you’re wagering on which team will be Champions. So the objective of the bet is to pick the winner of the whole tournament and not any particular match.
Odds for outright winner bets are generally quite high due to a large number of variables. Odds may also fluctuate greatly before the start of the tournament based on team form and injuries to key players.
Betting on Cricket World Cup outright winners is available well in advance of the tournament. Be sure to shop around at different sportsbooks to find the best odds for your pick.
While tied matches are very rare in T20 cricket, most betting sites do give you the chance to wager on the outcome. The odds for tied matches are extremely high due to the low probability making it a great bet for a huge payout.
A tie in T20 cricket is defined as both teams having the exact same score at the end of both innings. A Super Over may decide the winner but for the purposes of the bet, the match will be declared a tie.
A betting on Cricket World Cup top batsman can be made for both a single match and the entire tournament. The objective of the bet is to predict the batsmen that scores the most runs out of all the teams. Alternatively, betting sites offer the chance to bet on the top batsmen for a particular team. In this case the batsmen will only be required to score the most runs on their team to win the bet.
When you bet on Cricket World Cup handicap bets the bookmaker uses a handicap to equalize lopsided matchups. In other words, it gives the underdog a certain advantage and the favourite a disadvantage to equalize the match.
In Twenty20 cricket, a result can come about in two ways. The team batting first wins by a certain number of runs, or the team batting second wins by a number of wickets. Handicap bets require favourites to win by a certain amount of runs or win with a certain number of wickets in hand. Underdogs, on the other hand, play the opposite side of the coin. If they lose by less than the number of runs or lose with fewer wickets in hand, the bet will win.
Team A has a handicap of -100 runs or 7 wickets. This means to win, they must beat Team B by 100 runs if batting first or 7 wickets if batting second. Team B will win if they can lose by less than 100 runs batting second or less than 7 wickets if batting first.
Cricket World Cup Betting Strategies
While there are no guarantees when Cricket World Cup betting, certain strategies can increase your chance of winning. Some strategies we recommend are:
When betting on Cricket World Cup matches it’s always best practice to take the conditions into account. This year’s World Cup will be played in Australia with conditions predominantly favouring fast bowlers with pace and bounce. Each ground in Australia will feature different attributes which can be important factors when Cricket World Cup betting.
Cricket World Cup history and statistics can be used to help predict how players will fare in the tournament. It’s best to be specific when analyzing player performances, taking opponents, conditions and form into consideration.
In-play bets can be of great value. While on paper one team may be favoured over another, the conditions and momentum of the match may prove otherwise. In-play bets give you the chance to take these factors into consideration before having to place your bet.
Live Betting Disclaimer: Please note: due to the Interactive Gambling Act in Australia, any form of live betting cannot be conducted online. Play betting can only be conducted via telephone.
Find the Best Odds
Cricket World Cup betting odds vary from bookmaker to bookmaker. It’s always best to find the bookmaker that has the best odds for the specific bet you’re looking to place. You may have to register to multiple sites to ensure you get the best odds on each bet, but it’s worth it!
The History of the Cricket World Cup
The Cricket World Cup history of T20 cricket is relatively short. The first championship took place in 2007 and six iterations have taken place since. Originally the tournament hosted 12 teams but expanded to 16 teams in 2012. The only team to have won the championship multiple times is the West Indies, both in 2012 and 2016.
The inaugural tournament in 2007 was played in South Africa where India defeated Pakistan in the final. Only two associate teams played in the tournament, selected through the 2007 ICC World Cricket League Division One.
The second tournament was held in 2009 in London, England. Pakistan were able to top Sri Lanka in the Finals to become the second T20 World Cup Champions. Due to the ICC ODI Cricket World Cup being held in 2011, the T20 World Cup was pulled up one year to 2010. The tournament took place in West Indies in May 2010, where England defeated Australia by 7 wickets in the Finals.
The 2012 ICC World Twenty20 was won by the West Indies by defeating Sri Lanka. The tournament was held in Sri Lanka and represented the first time a host nation competed in the finals. It was also the first time the Championship was held in Asia.
Sri Lanka took home the 2014 iteration of the tournament held in Bangladesh by beating India in the Finals. West Indies are the reigning champions having taken back the title in 2016 in India.
The Cricket World Cup favourites going into this year’s tournament are Australia, India and England.
|Year||Winning Team||Runner Up|
|2012||West Indies||Sri Lanka|
How we selected our bookmaker for the Cricket World Cup
With dozens of sports betting sites available in Australia, we had to separate what we believe to be the best betting sites. To do this we used a set of five criteria:
Naturally, punters are always looking for the best Cricket World Cup betting odds. Odds can vary from site to site, with some bookmakers providing higher odds than others. We scored each of the top bookmakers based on how their Cricket World Cup betting odds stacked up against each other.
The Cricket World Cup betting markets offered by online bookmakers are not always the same. Top betting sites tend to offer more variety in bets, giving punters more options to choose from. Each bookmaker was scored based on the number of betting markets and depth in bet types.
In-play or live Cricket World Cup betting is available at most top betting sites. Live betting allows you to bet on a range of betting markets while matches are already in progress. The odds of the bets fluctuate based on the state of play. Due to the Interactive Gambling Act in Australia, any form of live betting cannot be conducted online.
Live streaming of the Cricket World Cup is expected to be scheduled by top Australian bookmakers. Punters may be required to hold a funded account or a bet already in-play in order to use the live stream.
Cricket World Cup Betting FAQ
Use the FAQ section below to get answers to a number of commonly asked questions regarding Cricket World Cup betting:
When is the Cricket World Cup in 2021?
The Men’s World T20 World Cup is scheduled to be held in India in October to November 2021.
Who will win the Cricket World Cup in 2021?
There are many teams vying to become champions in 2021. Among the Cricket World Cup favourites, this year are Australia, England and India.
Who won the Cricket World Cup 2016?
The last iteration of the T20 Cricket World Cup was won back in 2016 by the West Indies. This was the team’s second T20 championship since its inauguration in 2007.
How can I watch the Cricket World Cup for free?
Australian fans can watch the tournament for free on local television and even online via live stream. Popular betting sites such as Ladbrokes & Unibet provide free live streaming of select matches for customers with a funded account.
Where can I bet on Cricket World Cup matches?
You will be able to bet on Cricket World Cup matches at a number of Australian bookmakers including bet365, PointsBet, Unibet, Ladbrokes, Betfair, PlayUp, Betstar.