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Cricket · Pakistan Super League

PSL betting: odds, markets and the eight-team league

The Pakistan Super League grew from six to eight teams in 2026, its 11th edition, with Hyderabad Kingsmen and Rawalpindiz joining. Peshawar Zalmi beat Hyderabad Kingsmen by five wickets in the final on 3 May 2026.

Our example match, Peshawar Zalmi v Hyderabad Kingsmen, shows how the margin on a PSL match-winner bet differs between sportsbooks.

8 teams since 2026 44 matches in 2026 Example odds, clearly labelled
Match-winner margin
4.9% Krikya, example
Lowest margin
4.8% NAGAD88, example
Best odds combined
3.0% best price per outcome
Gap per ৳1,000
৳7 dearest v cheapest

Short answer

Where is a PSL bet cheapest?

In our example NAGAD88 has the lowest match-winner margin, 4.8%, against 5.4% at Onrake. Taking the best price per outcome brings it to 3.0%.

Lowest margin 4.8% NAGAD88, example
Highest margin 5.4% Onrake, example
Best combined 3.0% best price per outcome
Gap per ৳1,000 ৳7 dearest v cheapest

Markets Example odds

Cricket markets, cheapest first

Example odds for Peshawar Zalmi v Hyderabad Kingsmen.

Match winner

Who wins, Peshawar Zalmi or Hyderabad Kingsmen. Limited-overs cricket has no draw in this market, so there are two outcomes.

Outcome Odds Probability
Peshawar Zalmi 2.60 38.5%
Hyderabad Kingsmen 1.50 66.7%
Sum 105.1%
Margin 4.9%

So what: two outcomes keep the margin low.

Total runs: over/under 175.5

Runs in the first innings, above or below the line the sportsbook sets.

Outcome Odds Probability
Over 175.5 1.90 52.6%
Under 175.5 1.90 52.6%
Sum 105.3%
Margin 5.0%

So what: you do not need to pick a winner, only a run total.

Method of first dismissal

How the first wicket falls.

Outcome Odds Probability
Caught 1.50 66.7%
Bowled 4.80 20.8%
LBW 6.00 16.7%
Run out 11.00 9.1%
Other 21.00 4.8%
Sum 118.0%
Margin 15.3%

So what: the dearest market here: five outcomes.

Example odds, not live prices.

Margin by market Example odds

Same match, different price per market

The market you pick changes the price as much as the sportsbook does.

Market Example odds Sum of probabilities Margin Cost per ৳1,000 What it means
Match winner 2.60 / 1.50 105.1% 4.9% ৳49 two outcomes, the lowest margin.
Total runs 175.5 1.90 / 1.90 105.3% 5.0% ৳50 two outcomes, no winner to pick.
Top team batter 3.40 / 4.00 / 4.60 / 2.80 111.9% 10.6% ৳106 four outcomes, more margin on each.
Method of first dismissal 1.50 / 4.80 / 6.00 / 11.00 / 21.00 118.0% 15.3% ৳153 five outcomes, the dearest.

Example odds at one sportsbook for the same match.

PSL · example match Example odds · not live
Peshawar Zalmi vs Hyderabad Kingsmen
Sportsbook Peshawar ZalmiHyderabad Kingsmen Margin Payout
2.601.50 4.9% 95.1%
2.551.52 4.8% 95.2%
Onrake 2.651.47 5.4% 94.6%
2.501.53 5.1% 94.9%
2.621.49 5.0% 95.0%
Best odds per outcome 2.651.53 3.0% 97.0%

Season facts

PSL 2026 in figures

Details
TeamsHyderabad Kingsmen, Islamabad United, Karachi Kings, Lahore Qalandars, Multan Sultans, Peshawar Zalmi, Quetta Gladiators, Rawalpindiz
Matches44, from 26 March to 3 May 2026, in Karachi and Lahore
ChampionPeshawar Zalmi, their second title, beating Hyderabad Kingsmen by five wickets

Source: Wikipedia, 2026 Pakistan Super League.

Live ranking Live

The best sportsbooks, ranked

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Strategy

How to keep the cost of cricket betting down

  1. Compare the price before every bet

    In the example the expected cost differs by ৳7 per ৳1,000 staked between the dearest and the cheapest sportsbook.

  2. Pick two-way markets

    Match winner and total runs over/under have two outcomes, so the margin is spread thin. Top batter and method of dismissal cost more.

  3. Keep accumulators short

    At a 5% margin per leg, a five-leg accumulator carries a margin of 22.6%.

  4. Set a limit before the first ball

    Decide how much you can afford to lose, set a deposit limit where the sportsbook offers one and stop when you reach it.

Frequently asked questions

How many teams are in the PSL?

Eight since the 2026 season, when Hyderabad Kingsmen and Rawalpindiz joined the six existing franchises.

Who won PSL 2026?

Peshawar Zalmi, who beat Hyderabad Kingsmen by five wickets in the final at the Gaddafi Stadium in Lahore on 3 May 2026.

Where are PSL matches played?

In 2026 all 44 matches were played in Karachi and Lahore.

Which PSL markets cost the least?

Two-way markets such as match winner and total runs. Markets with many outcomes, like top batter, carry more margin.

Are the odds on this page live?

No. They are example odds that show how the comparison works. Check the current price at the sportsbook before you place a bet.

Is online betting legal in Bangladesh?

No. The Gambling Prevention Act 2026, passed by Parliament in 2026, replaces the Public Gambling Act 1867. Online or remote gambling carries up to five years in prison or a fine of up to Tk 1 crore, and online betting up to seven years or Tk 5 crore. Section 20 of the Cyber Security Ordinance 2025 also makes gambling in cyberspace, including promoting it, punishable by up to two years or Tk 1 crore. The sportsbooks in our ranking hold foreign licences, such as Curaçao, and a foreign licence does not make betting legal in Bangladesh. Source: UNB.

Where can I get help if betting stops being fun?

Set a deposit limit or use self-exclusion where the sportsbook offers it, and read our responsible gambling and gambling addiction pages. If betting is hurting your money, work or family, talk to someone you trust and seek local support.