lv18 Cricket Betting — Best Odds on BPL, IPL and T20 World Cup
Bet on every moment of Bangladesh's favourite sport. From Match Winner to Toss, from live betting to multi bets — all markets on one platform.
Three Cricket Formats and Popular Competitions
In Bangladesh, cricket is more than a sport — it is a passion. At lv18 you can bet on all three main formats — T20, ODI and Test. Each format has its own pace, strategy and markets.
T20 format is the fastest. From BPL to IPL, every ball matters in this format. Bangladesh Tigers international T20 matches draw the most interest from fans. Because BPL is Bangladesh's home competition, bettors feel a special connection to it — particularly for matches involving the Dhaka teams.
ODI format is a fifty-over game that calls for both strategy and patience. ICC World Cup matches and bilateral series are especially popular for ODI betting. Odds shift at different stages of an innings, which makes live betting more engaging.
Test cricket is a five-day match. In this format a draw is a possible outcome alongside a Match Winner, so the odds structure is different. Pitch type, weather and a team's bowling strength all factor in, making Test betting somewhat more analytical.
T20 Betting
BPL, IPL and T20 World Cup — the most markets available in the fastest format.
ODI Betting
Strategic 50-over betting on the ICC World Cup and bilateral series.
Test Cricket
Bet on Match Winner, Draw or Series Result in the five-day format.
Football and Others
Betting is also available on football and other sports beyond cricket.
Differences in Betting on Football and Other Sports
At lv18, you can bet on football as well as cricket. However, the betting structure differs between the two sports.
Football generally has three possible outcomes — Home team wins, Away team wins, or Draw. This three-way market is different from cricket's (particularly T20 and ODI) two-way market. Test cricket, where a draw is possible, similarly becomes a three-way market.
In football, Goal Total, Handicap and Both Teams to Score (BTTS) markets are popular. The cricket equivalents are Run Total Over/Under and Wicket markets. In cricket, the outcome of a match can change dramatically with a single wicket, so live odds move faster than in football.
For those who enjoy casino games beyond cricket, lv18 casino has live casino and slots — all on the same account.
Popular Betting Markets with Examples
At lv18, many types of markets are available for a single match. Seven common markets are explained below — each with a simple example to make the concept clear.
Match Winner
The simplest market — which team will win the match? Example: Team A and Team B are playing; you bet on Team B. If Team B wins, you win; otherwise you lose the bet.
Toss Betting
Bet on who will win the toss before the match starts. The probability is roughly equal, so odds for both sides are usually close. Results come quickly.
Top Batsman
Which batsman will score the most runs in the match? Example: In a T20, if you think Team A's best batsman will score the most runs, you can place a bet on them.
Run Total Over/Under
Will the total runs in the match be above or below a set number? Example: The line is set at 150 runs — choose "Over" if you think more runs will be scored, or "Under" if you think fewer.
Multi Bet
Combining multiple selections into one bet increases the combined odds significantly. However, if even one selection is wrong, the entire bet is lost — that is the risk of a multi bet.
Wicket Markets
At what score will the first wicket fall, or which bowler will take the most wickets — these types of markets are unique to cricket.
Multi Bet calculation: If three separate selections have odds of 1.50, 1.80 and 1.90, the combined odds are 1.50 × 1.80 × 1.90 = 5.13 (approximately). So a ৳100 bet returns ৳513 if all three are correct. But if even one is wrong, the full ৳100 is lost. This is why multi bets are for entertainment — not as a reliable way to make profit.
A Simple Guide to Understanding Odds Formats
At lv18, odds may be displayed in three formats — Decimal, Fractional and American. All three express the same probability differently. Two concrete examples below explain how each works.
| Format | Team A (Underdog) | Team B (Favourite) |
|---|---|---|
| Decimal | 2.50 | 1.50 |
| Fractional | 3/2 | 1/2 |
| American | +150 | -200 |
Example 1 — Team A wins (Underdog): With a ৳200 bet — Decimal 2.50 = Fractional 3/2 = American +150. If Team A wins, total return is ৳500 (৳300 profit + original ৳200 stake). If Team A loses, ৳200 is gone.
Example 2 — Team B wins (Favourite): Decimal 1.50 = Fractional 1/2 = American -200 (American minus odds show how much you need to stake to win ৳100). On a ৳200 bet, if Team B wins, total return is ৳300 (৳100 profit).
Note — in decimal format the return includes the original stake, which makes the calculation straightforward. Most bettors prefer the decimal format.
Do odds always stay the same?
No. Odds change continuously both before a match starts and during live play. They update immediately when a wicket falls or a big-scoring over is bowled.
Live In-Play Betting — Odds Change as Overs Progress
Live betting at lv18 means placing bets while the match is in progress. In cricket this is especially significant because the situation shifts after every over, every wicket and every big shot.
How the situation affects odds: Say Team A is 80/1 after 10 overs in a T20 — they are the favourite. If three wickets then fall in two overs, the odds will quickly flip in Team B's favour. Live betting is based on reacting to exactly these kinds of changes.
In ODI cricket, the end of the Powerplay or a slow run rate in the middle overs has a clear effect on live odds. In Test cricket, the gradual deterioration of the pitch and changes in weather also pull the odds.
Live betting requires quick decisions. Markets can close at any time — especially after a wicket falls or just before an over ends. Logging in to lv18 Login and having your account ready in advance means you will not miss live action.
For those who want to do live betting on a smartphone, the lv18 App is particularly useful — notifications and fast loading help you catch live moments as they happen.
Live Betting Tips
- Know the teams' form and pitch conditions before the match starts
- Reassess the situation once the Powerplay is over
- Odds move fast right after a wicket — be ready
- In live betting, focus on one market at a time rather than spreading across many
- Avoid live betting if your internet connection is unstable
Practical Tips for Cricket Betting
Cricket betting is a form of entertainment. Every bet depends on a probability — there is no guarantee of winning anywhere. Developing a few basic habits can make the betting experience more disciplined.
- Stick to a budget: Decide in advance how much you will spend in each session. You should not go beyond that limit.
- Understand the format before betting: T20, ODI and Test — each format has its own pace and markets. Start with the format you know best.
- Be careful with multi bets: Combined odds may go up, but so does the risk. More selections means a higher chance that one will be wrong.
- Base decisions on information, not emotion: It is natural to support a favourite team, but that should not drive your betting decisions.
- Responsible play: If you feel betting is getting out of control, read the responsible gaming guidelines — lv18 always supports informed betting.
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On your first deposit at lv18 you get a 100% bonus, up to ৳10,000 — wagering requirement is 10x (example: ৳1,000 deposit gets ৳1,000 bonus, balance becomes ৳2,000, wagering requirement ৳10,000). Deposits can be made via bKash, Nagad, Rocket and Upay. Minimum deposit is ৳500. Withdrawals are generally processed within 10–45 minutes.
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