Guides · Basics
A bet is a stake on an outcome at fixed odds. If the outcome happens you get the stake times the odds back; if not, the stake is lost.
This guide walks through a first bet on a cricket match winner and covers what to check before you start. The Gambling Prevention Act 2026 replaced the Public Gambling Act 1867 and makes online gambling and online betting criminal offences in Bangladesh. A foreign licence held by a bookmaker, such as Curaçao, does not make betting legal here.
Short answer
Stake × decimal odds = the return if the bet wins, stake included. ৳100 on Bangladesh at 2.60 returns ৳260. If India win, the ৳100 is lost.
Odds
| Decimal | Fractional | American | Probability | Payout on ৳100 | Win on ৳100 | What it means |
|---|---|---|---|---|---|---|
| 1.50 | 1/2 | −200 | 66.7% | ৳150 | ৳50 | clear favourite. |
| 1.91 | 10/11 | −110 | 52.4% | ৳191 | ৳91 | a common price on near-even markets. |
| 2.00 | 1/1 | +100 | 50.0% | ৳200 | ৳100 | even money: double your stake back. |
| 2.60 | 13/8 | +160 | 38.5% | ৳260 | ৳160 | the underdog in our example T20. |
| 4.00 | 3/1 | +300 | 25.0% | ৳400 | ৳300 | about one time in four. |
Step by step
Decide what you can afford to lose and set a deposit limit in the account before you deposit.
The match winner is the simplest: two outcomes in a T20 or ODI.
Odds of 2.60 return ৳260 on ৳100, and imply a chance of 38.5%.
The same bet is priced differently at each bookmaker. In our example the margin ranges from 4.8% to 6.5%.
Check the selection, odds and stake. A confirmed bet usually cannot be cancelled.
Example odds Example odds
These are example odds set by our editors to show the calculation. They are not live prices.
| Sportsbook | 1 | 2 | Margin | Payout |
|---|---|---|---|---|
| 2.60 | 1.50 | 4.9% | 95.1% | |
| 2.55 | 1.52 | 4.8% | 95.2% | |
| Onrake | 2.65 | 1.47 | 5.4% | 94.6% |
| 2.50 | 1.53 | 5.1% | 94.9% | |
| 2.62 | 1.49 | 5.0% | 95.0% | |
| 2.48 | 1.50 | 6.5% | 93.5% | |
| Best odds per outcome | 2.65 | 1.53 | 3.0% | 97.0% |
Example odds for a T20 match winner, two outcomes. Not live prices.
Yellow marks the best price per outcome. The margin shows how much each bookmaker keeps on average: green is lowest, red highest.
What it means: in this example the dearest bookmaker costs ৳18 more per ৳1,000 staked than the cheapest.
Live
18+ · T&Cs Apply · Play Responsibly
18+ · T&Cs Apply · Play Responsibly
18+ · T&Cs Apply · Play Responsibly
18+ · T&Cs Apply · Play Responsibly
18+ · T&Cs Apply · Play Responsibly
18+ · T&Cs Apply · Play Responsibly
Glossary
Choose a match, pick a market such as the match winner, click the odds to add them to the bet slip, enter a stake and confirm. Check the slip before you confirm, because a placed bet usually cannot be changed.
Only what you can afford to lose. Many bettors use a small fixed stake for every bet, so that one bad day does not empty the account.
A single is one selection. An accumulator combines several, and all must win. Accumulators pay more but carry more margin: three legs at 5% each cost about 14.3%.
Most bookmakers ask for ID before the first withdrawal. Verifying early avoids delays.
Most bookmakers offer deposit limits, time-outs and self-exclusion in the account settings. Set them before you start.
No. The Gambling Prevention Act 2026, passed on 1 July 2026, replaced the Public Gambling Act 1867 and makes online gambling and online betting offences, with prison terms of up to five and seven years respectively, or fines, or both. A bookmaker's foreign licence does not change this. See our responsible gambling page.
