Do you love cricket? Do you also enjoy cricket betting? If yes, then you should understand the related risks and rewards. No matter you are a regular punter or just a casual gambler who tests his or her luck occasionally; you should know both the positive and negative impacts of cricket betting. Let’s roll.
The risks in cricket betting
Gambling means risk, which also means that there is no guaranteed payout here. So, the first risk is the loss of money of course. But, then there is pride. So, let’s discuss all of them in detail.
Loss of money: When you place a bet, you put some amount at stake. Now, there are chances that you might win and earn some extra bucks. But, it’s not certain because you might lose as well.
You cannot win every bet, not even if you put your money on the strongest team or player. Anything is possible in cricket until the last delivery. Be it the World Cup 2019, T20 matches, or IPL, you cannot guarantee that the strongest team will win or the in-form batsmen will hit the maximum sixes. So, there is a risk that you might lose the bet, and eventually, the money at stake will be gone as well.
Loss of money: Betting on cricket needs time. You cannot bet on a T20 or ODI without watching the game or without doing any research. In case you lose multiple bets, then there is a chance you might spend extra time researching the game or players so that you win the next bet. There nothing called a winning spree in the gambling world. So, the risk of time wastage is always there.
Loss of pride: Generally, happens when we talk about games where the stakes are very high. For instance, it’s called the mother of all games when India and Pakistan lock horns on the cricket field. A similar scenario is possible when Australia and England stand against each other in the Ashes. In such cases, two gamblers bets on their respective cricket team. However, one has to lose because there cannot be more than one winner in a cricket match.
Rewards of cricket betting
Don’t feel bad after knowing the risks for cricket betting because there are benefits as well. Sometimes, the perks could be huge. Let’s discuss some of the rewards here.
Money: What will you get after winning a bet? Money, of course. If you keep winning the bets, then you will a lot of money, which can be huge. Cricket betting is risky if you lose the money, but at the same time, it’s a plus point for your lifestyle if you win some extra cash.
There are no thumb rules to win a good amount of money. You need to think smart, understand the game, and take risks. You don’t have to be super brave to put everything at stake, but you need to be clever enough to take tough decisions.
Added thrill and entertainment: If you are winning the game, then it simply adds to the fun and madness. Yes, money is there. But, no money can buy you even a fraction of entertainment and joy. Right? A cricket lover takes immense pleasure in winning a bet that has his or her favorite batsmen or bowlers.
Mental peace and satisfaction: All of us cultivate different types of interests. Some of the players gamble on cricket only because it satisfies their minds. Yes, people do it for fun and money. But, some users register on an online cricket betting site only to have some inner peace.
Is cricket betting really for you?
Well, it’s the most common question that comes into the mind of a new player who is entering the gambling arena for the first time. To answer this question, you need to ask yourself a few questions. Are you ready to take risks? Do you like cricket very much? If the answer to both the questions is yes, then you can try your hand at cricket betting.
Do you have an addictive personality? Do you have a fear to lose what you have earned after a lot of hard work? Do you want to bet on cricket to earn money? If any the answer to any of the questions is yes, then give it a pass because betting on cricket is not your domain.
Earning extra cash from cricket betting should be your last priority. If you will expect big in the start, then cricket betting will be a disappointing experience. Now, you might ask, how are other gamblers winning millions from this game? Well, they have the required level of expertise and experience. You might win in the future as well, but for that, think of cricket betting as a source of entertainment, not as a source of income.
Shon Miller is a professional online sports bettor and trader with over 10 years of experience in the industry. He worked with numerous online bookmakers including Bet365, Betway, and William Hill. With this long experience, now he has decided to share his experience with other betting aspirants like you. Know more at the about me page.