What are match odds and why do they matter?

Many newcomers to online betting feel a little intimidated when they first see odds. The numbers can look complicated, but it's actually quite simple. Odds tell you two things: how likely an event is to happen, and how much you stand to win on that bet.

Say Bangladesh is playing India in a cricket match, with Bangladesh at odds of 2.40 and India at 1.70. This means the market favors India to win. If you stake BDT 1,000 on Bangladesh and they win, you get back BDT 2,400. Stake the same on India and they win, you get BDT 1,700.

How are odds determined on 57bet?

57bet's odds are built by a combination of expert analysts and algorithms. Team form, pitch conditions, weather, player injuries, and historical stats are all factored in to set the most accurate odds possible.

Once a match is underway, odds shift even faster. A sudden wicket, or a team playing unexpectedly well, can change the odds instantly. If you can track these live odds movements, you're in a much better position to get good results from your bets.

How to Read Odds the Right Way

57bet displays odds in decimal format by default — the format most familiar to Bangladeshi bettors. Reading decimal odds is straightforward:

  • Potential Return = Stake × Odds
  • Odds above 1.00 mean your return will be greater than your original stake
  • Higher odds mean a lower chance of winning but a greater potential return
  • Lower odds mean a higher chance of winning but a comparatively smaller return
Expert Tips

Rather than chasing big odds, base your decisions on betting tips and statistics. 57bet's betting tips section is updated daily with analysis to help you make sense of the odds.

Live Odds vs Pre-Match Odds — Which Is Better?

This is a common question among bettors. The honest answer is that both have their advantages. Pre-match odds tend to be more stable, giving you time to think things through. Live odds, on the other hand, occasionally throw up opportunities that simply aren't available before kick-off.

Take this example — if a top batter gets out in a cricket match, their team's odds will spike. But if you know the remaining batters well and believe they can handle the pressure, betting at those inflated odds could be a smart move.

Handicap Odds — A Smarter Way to Bet on the Underdog

Handicap betting works best when there's a significant gap in strength between two teams. The stronger side starts at a disadvantage, or the weaker side is given a head start in runs, goals, or points.

57bet offers run handicaps for cricket, goal handicaps for football, and point handicaps for kabaddi. This type of bet typically comes with more attractive odds.

Over/Under Odds — Bet on Totals, Not Just the Winner

You don't need to know who'll win to place a bet — that's where Over/Under odds come in. You're simply betting on whether the total score, goals, or points will be higher (Over) or lower (Under) than a pre-set number.

For example, if the Over/Under line for total runs in a cricket match is set at 320, and you think both teams combined will score more than 320, bet the Over. This type of bet is about reading the game rather than picking a side, which is why many experienced bettors prefer it.

Best Strategies for Betting with Odds on 57bet

Years of betting experience show that successful bettors share a few consistent habits. First, they never bet on emotion. Even if it's their favorite team, they'll skip the bet if the odds aren't in their favor.

Second, always keep your stake within a set limit — it's best not to place more than 5% to 10% of your total budget on any single match.

Third, keep an eye on odds movements on 57bet. If a team's odds are dropping sharply, it means a lot of money is coming in on that side — which could be a signal that someone in the know has inside information. It's not always reliable, but it's a useful part of your analysis.

A Word of Caution

Betting is a form of entertainment. 57bet always advises — never bet more than you can afford to lose. Make every decision mindfully and play responsibly.

Which sport's odds are most popular among Bangladeshi bettors?

Cricket is Bangladesh's most popular sport — that goes without saying. At 57bet, the most bets are placed on BPL, IPL, and international cricket. When the Bangladesh national team plays, the odds market gets incredibly exciting.

Odds for Premier League, La Liga, and Champions League matches are well familiar to Bangladeshi bettors. Many enjoy catching live European football odds and placing bets well past midnight. Interest in kabaddi is also growing steadily, especially during the Pro Kabaddi League season.

57bet goes well beyond those three sports. Tennis, badminton, basketball, volleyball, hockey — you'll find odds for all of them on the same platform. During major international tournaments, the variety of markets expands even further.