ReddyBook Cricket Betting - Back, Lay and Session Markets
Cricket on an exchange works differently from a normal betting site. You can bet on a team, bet against it, or play the session lines over by over, and you can get out of a bet before the match is finished. This page explains each market with real numbers, including the one most beginners get wrong, which is lay liability. If you do not have an account yet, start with how a ReddyBook ID works. If you already have one, log in here. The same ID also covers football, tennis and kabaddi markets and the live casino tables like Teen Patti and Andar Bahar.
New to the Exchange?
Ask the agent for the minimum ₹500 start and keep your first few bets small. The screen makes sense after a match or two, not before.
Get ID on WhatsAppHow Betting on a Cricket Exchange Works
On a normal sportsbook the company sets a price and you take it or leave it. On an exchange the price comes from other users. Somebody wants to bet that India win, somebody else wants to bet that they do not, and the panel matches the two. That is why every selection shows two prices: a blue back price and a pink lay price. Odds are in decimals, so 1.80 means a ₹100 bet returns ₹180 in total, your ₹100 plus ₹80 profit.
A back bet, with numbers
India are 1.80 to beat Australia. You back India for ₹1,000. If India win, your profit is 1,000 × 0.80 = ₹800. If they lose, you are down ₹1,000. Nothing new here. It is the same bet you would place anywhere.
A lay bet, and what liability means
Now say you think Australia are overrated at 2.50. You lay Australia for ₹1,000. You are now the one accepting somebody else's bet. If Australia fail to win, you keep their ₹1,000. If Australia do win, you pay them out: 1,000 × (2.50 − 1) = ₹1,500. That ₹1,500 is your liability, and the panel blocks it from your balance the moment the bet is matched.
The rule to remember: liability = lay stake × (odds − 1). At short prices it is small. At long prices it gets ugly fast. Lay ₹500 at 1.40 and you risk ₹200. Lay the same ₹500 at 6.0 and you risk ₹2,500 to win ₹500. The bet slip shows the liability before you confirm, so read that number and not just the stake.
Closing a bet before the match ends
This is the part a fixed-odds site cannot do. Say you back CSK at 2.20 for ₹1,000 before the toss. They bat first, get to 62 without loss in the powerplay, and the price drops to 1.60. You now lay CSK for ₹1,375 at 1.60.
- CSK win: +₹1,200 from the back bet, −₹825 on the lay. Net +₹375.
- CSK lose: −₹1,000 on the back bet, +₹1,375 from the lay. Net +₹375.
Same result either way. The lay stake comes from a simple sum: back stake × back odds ÷ current lay odds, here 1,000 × 2.20 ÷ 1.60.
It works in reverse too, and this is the honest bit. If CSK lose two early wickets and drift to 3.20, you can lay ₹688 and accept a loss of about ₹312 whichever way it ends, instead of leaving the full ₹1,000 at risk. A small, certain loss is often the better choice. Most people learn that the expensive way.
Commission and unmatched bets
Exchanges typically charge a small commission on your net winnings in the match odds market. The percentage depends on the agent, so ask before you deposit. At 2%, the ₹375 above becomes roughly ₹367. Also, if you ask for a price that nobody is offering, the bet sits as unmatched until someone takes it. An unmatched bet is not a bet. Check the matched tab before you relax.
Back vs Lay at a Glance
The same two bets side by side, using a ₹1,000 stake so the difference in risk is easy to see.
👍 Back Betting
You are saying: this will happen.
- Back India at 1.80 for ₹1,000: win ₹800 if India win
- The most you can lose is the ₹1,000 stake
- Profit = stake × (odds − 1)
- Higher odds mean a bigger win for the same risk
- Shown in the blue column on the panel
👎 Lay Betting
You are saying: this will not happen.
- Lay Australia at 2.50 for ₹1,000: win ₹1,000 if they do not win
- If Australia win you pay ₹1,500, your liability
- Liability = stake × (odds − 1)
- Higher odds mean a bigger risk for the same win
- Shown in the pink column on the panel
The Markets on an IPL Match, One by One
Open any IPL game and you will see several markets stacked on one screen. They do not all work the same way. Here is what each one is, and our guide to IPL betting on ReddyBook goes further into the season itself.
Match Odds
The true exchange market. Two teams, back and lay prices for each, moving with every ball. This is where the back, lay and close-out examples above apply, and where commission is normally charged. In IPL season it is busy enough that a ₹1,000 or ₹5,000 bet is matched almost at once.
Bookmaker Market
Sits just below match odds on most panels. The prices are set by the panel rather than by other users, so your bet is accepted straight away at the number shown, usually with no commission. The catch is a slightly wider gap between the back and lay price, and it suspends more often around wickets.
Session Runs (Fancy)
A line on how many runs a team scores by a given over: 6 overs, 10 overs, 15 overs, or the full 20, which many people call lambi. You will see something like No 47 / Yes 48. Bet Yes at 48 for ₹500 and you win ₹500 if the score is 48 or more, and lose ₹500 if it is not. There are no decimal odds to work out.
Player and Wicket Fancies
The same Yes/No idea applied to smaller things: a batsman's runs, runs at the fall of the next wicket, a partnership, runs in a single over. These open and close quickly. Limits are lower than on match odds, and if the batsman never comes to the crease the bet is normally cancelled and refunded.
Betting In-Play
Every market above stays open during the match. Two things surprise new users. First, there is a bet delay of a few seconds on live bets, so the price can move before yours is accepted. Second, markets suspend on a wicket, a boundary or a review. You cannot bet or exit while a market is suspended.
Tournament Winner
A season-long market on who lifts the trophy. Your money is tied up for two months, which is the real cost. The upside is that it is a back and lay market, so if you back a side at 9.0 in March and they are 3.5 by the playoffs, you can lay them and take the profit without waiting for the final.
Session betting, a closer look
Most Indian users spend more time on session lines than on match odds, so it is worth getting the details right.
The gap is the margin. With No 47 / Yes 48, a score of exactly 47 means the No bettors lose (they needed 46 or fewer) and the Yes bettors lose too (they needed 48). That single run in the middle is how the line makes its money.
Sometimes there is a rate. Most lines pay even money. Occasionally you will see a number next to the line, such as Yes 48 at 90. That means a ₹1,000 bet wins ₹900, not ₹1,000. On the No side a rate of 110 means you risk ₹1,100 to win ₹1,000. Glance at the rate before you tap.
You can hedge a session bet. You bet Yes at 48 for ₹500. Three good overs later the line has moved to No 56 / Yes 57, and you bet No at 56 for ₹500. If the team finishes between 48 and 55, both bets win and you collect ₹1,000. Anything else and one wins, one loses, so you are level. It only works when the line has moved your way. If it drops to 41 instead, there is no clever exit, only a decision about whether to take the loss early.
Rain and short innings. A session bet usually stands only if the overs in question are actually bowled. If rain cuts the innings before that, the bet is generally void and the stake comes back. Each panel has a rules tab that spells this out. Read it once, before the monsoon fixtures and not during one.
T20, ODI and Test Matches Bet Differently
The markets look the same across formats. How they behave does not, and a habit that works in a T20 can cost you in a Test.
T20 Internationals
Prices swing hard and fast. One 20-run over can move a team from 2.10 to 1.70, and one wicket can move it back. That is good if you like closing bets early, and bad if you are slow, because the bet delay and the suspensions eat into every move. The toss matters more here than in any other format, especially at grounds where dew makes bowling second difficult. Many regulars wait for the toss before backing anyone.
One Day Internationals
A 50-over game gives you more session lines: 10 overs, 20, 30, 40 and the full 50, for both innings. Prices move more slowly through the middle overs, which gives you time to think. The thing to watch is the chase. A side needing 7 an over with wickets in hand is priced very differently from the same side five minutes later with two new batsmen in. ODI markets outside World Cups and India series are quieter, so big bets may be matched in parts.
Test Matches
Match odds has three selections: Team A, Team B and The Draw. That third option changes everything. On a flat pitch the draw can be the favourite by day three, and on a turning pitch in India it can be 15.0 before lunch on day one. Laying the draw is popular, but do the liability sum first: ₹500 at 4.0 risks ₹1,500. Weather forecasts move Test prices more than team news does. Session lines are usually offered per innings or up to a set over.
What the Cricket Screens Look Like
The layout confuses nearly everyone for the first ten minutes. These are the screens you will use most, in the order you meet them.
Match List
Live games sit at the top with an in-play marker, upcoming ones below. The prices shown next to each team are the best back and lay available right now.
Inside a Live Match
Match odds first, then bookmaker, then the fancy lines. Blue is back, pink is lay. A greyed-out row means that market is suspended for the moment.
The Bet Slip
Tap a price and the slip opens with quick-stake buttons. It shows your profit for a back bet or your liability for a lay before you confirm. This is the screen to slow down on.
Your Position
After a bet is matched, a green or red figure appears under each team. It tells you what you win or lose if that team wins. After a close-out, both should be green.
Account Statement
Every settled bet, deposit and withdrawal, with dates. If a balance ever looks wrong, take a screenshot of this page and send it to your agent. It settles most arguments quickly.
The Full Market List
Big matches can carry dozens of lines. You do not need most of them. Pick match odds and one or two session lines you understand, and ignore the rest until you have a reason.
From WhatsApp Message to First Cricket Bet
Five steps. The first two happen in a chat with the agent, the rest on the panel in your phone browser. There is no app to download.
Ask an Agent for an ID
Tap the WhatsApp button and say you want a new ID. You will be asked for a name and mobile number. You must be 18 or older. The agent creates the account on the panel. There is no sign-up form on a website.
Make the First Deposit
The usual minimum is ₹500, paid by UPI or bank transfer to the details the agent sends. Share the payment screenshot in the same chat. Points are typically added within a few minutes. One point is one rupee.
Log In and Change the Password
Use the exact panel address the agent gave you, because an ID only works on the domain it was created on. The first login forces a new password. If you forget it later, the agent resets it. There is no email reset link.
Open a Match and Place a Small Bet
Go to Cricket, pick a match, tap a blue price to back or a pink one to lay, and enter a stake. Make the first one ₹100 or ₹200. Then check that it shows under matched bets and see how your position figures change.
Withdraw When You Want
Winnings land in your balance once the market is settled, usually soon after the match ends. Ask the agent for a withdrawal with your UPI or bank details. It usually takes 6 to 12 hours. Do one small withdrawal in your first week so you have seen the whole loop work.
Habits That Save Money on the Cricket Exchange
Nobody can tell you who will win tonight. These are about not losing money to avoidable mistakes, which is the part you control.
Read the Liability, Every Time
Most painful exchange losses are lay bets at long odds placed in a hurry. Laying an outsider at 8.0 for ₹300 feels like easy money until they win and ₹2,100 leaves your balance. If the liability figure makes you uncomfortable, reduce the stake.
Wait for the Toss
Pre-match prices are a guess about conditions. After the toss you know who bats first, the final elevens and often whether dew is expected. In T20s at some grounds that is worth far more than the slightly better price you would have got an hour earlier.
Fix a Stake and a Stop
Keep any single bet to around 2-5% of what is in your account, and decide your loss limit for the day before the first ball. With ₹5,000 that means bets of ₹100 to ₹250 and a stop at, say, ₹1,000 down. It sounds dull. It is also why some people are still playing in the playoffs.
Stick to Two or Three Markets
Someone who watches only 6-over session lines for a season starts to notice things, such as which openers begin slowly or which grounds give 55 in the powerplay. Someone who bets on twelve different fancies a night notices nothing. Narrow beats wide.
Take the Small Loss
When a bet goes wrong early, closing it for a ₹300 loss usually beats hoping with ₹1,000 at risk. The urge to win it back in the next over is strong in live betting, and it is the most common way a bad evening becomes a very bad one.
Keep a Simple Record
Match, market, stake, result, one line on why. A notes app is enough. After a month you will see where your money goes. For many people it is the late-night fancy bets placed after the plan was already finished. If betting stops feeling like entertainment, our responsible gaming page is the place to go next.
Cricket Tournament Coverage
What is usually listed and which markets tend to open. The stars are a rough guide to how busy the match odds market gets. Fewer stars means bigger bets may take longer to match, and the exact list of markets varies from match to match.
| Tournament | Format | Key Markets | Live Betting | Liquidity |
|---|---|---|---|---|
| 🇮🇳 Indian Premier League (IPL) | T20 | Match Odds, Bookmaker, Session Lines, Player Runs, Fall of Wicket, Over Runs, Tournament Winner | ✅ | ⭐⭐⭐⭐⭐ |
| 🌍 ICC T20 World Cup | T20 | Match Odds, Bookmaker, Session Lines, Player Runs, Tournament Winner | ✅ | ⭐⭐⭐⭐⭐ |
| 🌍 ICC ODI World Cup | ODI | Match Odds, Bookmaker, 10 to 50 Over Session Lines, Player Runs, Tournament Winner | ✅ | ⭐⭐⭐⭐⭐ |
| 🏆 ICC World Test Championship | Test | Match Odds with The Draw, Innings Runs, Session Lines, Player Runs | ✅ | ⭐⭐⭐⭐ |
| 🌏 Asia Cup | ODI / T20 | Match Odds, Bookmaker, Session Lines, Player Runs, Tournament Winner | ✅ | ⭐⭐⭐⭐⭐ |
| 🇦🇺 Big Bash League (BBL) | T20 | Match Odds, Bookmaker, Session Lines, Player Runs | ✅ | ⭐⭐⭐⭐ |
| 🇿🇦 SA20 League | T20 | Match Odds, Bookmaker, Session Lines, Player Runs | ✅ | ⭐⭐⭐⭐ |
| 🇵🇰 Pakistan Super League (PSL) | T20 | Match Odds, Bookmaker, Session Lines, Player Runs | ✅ | ⭐⭐⭐⭐ |
| 🏝️ Caribbean Premier League (CPL) | T20 | Match Odds, Bookmaker, Session Lines | ✅ | ⭐⭐⭐ |
| 🇬🇧 The Hundred | 100 balls | Match Odds, Bookmaker, Session Lines by Balls | ✅ | ⭐⭐⭐⭐ |
| 🇱🇰 Lanka Premier League (LPL) | T20 | Match Odds, Bookmaker, Session Lines | ✅ | ⭐⭐⭐ |
| 🇧🇩 Bangladesh Premier League (BPL) | T20 | Match Odds, Bookmaker, Session Lines | ✅ | ⭐⭐⭐ |
| 🌐 Bilateral International Series | T20 / ODI / Test | Match Odds, Bookmaker, Session Lines, Player Runs. Busiest when India are playing | ✅ | ⭐⭐⭐⭐⭐ |
Betting Before the Match or During It
Neither is better. They suit different kinds of bets and different kinds of people.
Pre-Match Betting
No bet delay, no suspensions and no rush. You can ask for a better price than the one on screen and leave the bet to be matched. The weakness is that you are betting without the toss, the final elevens or a look at the pitch. Markets are also thin until an hour or two before the start, so large bets may only be part matched.
Live In-Play Betting
You are betting on what you can see, and the market is at its busiest. The cost is speed. There is a bet delay of a few seconds, markets suspend at exactly the moments you most want to act, and your TV or stream is always behind the ground. If the price jumps before the ball is bowled on your screen, that is why.
A Sensible Way to Use Both
Take your main view after the toss, when you know the conditions. Decide in advance the price at which you would close for a profit and the price at which you would cut the loss. Then use the live market only to carry out that plan. Reacting to each over as it comes feels like skill. It is mostly paying the gap between back and lay again and again.
Cricket Betting FAQ
Short answers to the questions agents get asked most about cricket markets.