Three Cricket Formats and Favourite Competitions
In Bangladesh, cricket is more than a sport — it is a feeling. Before you start betting at good111, it helps to know how the three formats differ and which types of bets suit each one best.
T20: With only 20 overs, matches finish quickly and results can change in an instant. BPL and IPL are both played in this format, making T20 markets the most popular among bettors. In-play betting is most active here.
ODI: This 50-over format moves at a relatively slower pace, but offers more opportunities to bet. The ICC World Cup and bilateral series are usually played as ODIs. There is more time to plan bets on top batsman or total runs markets in this format.
Test: In this longest format played over five days, popular markets include match winner, draw and series winner, as well as wickets and runs markets. good111 covers all international competitions from the T20 World Cup to Test series.
Football and other sports are also available for betting at good111, but they differ from cricket. In football, a draw is a common result, so there are three markets (home win, draw, away win). In T20 and ODI cricket, a draw is not a typical outcome, so the market is limited to two sides. In Test cricket, however, a draw is a real possibility. Sports like badminton or kabaddi have different market types, but the odds structure remains the same.
Popular Betting Markets — How to Bet on Each
good111 offers multiple markets for cricket betting. Below are seven common markets with a brief example of each.
Match Winner
A straightforward bet on which of the two teams will win. For example, Team A vs Team B — if you bet on Team B and Team B wins, your bet is successful.
Most PopularToss Winner
Settled before the match begins. You bet on which team will win the toss. In shorter matches, the toss can often play an important role.
Pre-MatchTop Batsman
A bet on which batsman will score the most runs in an innings or across the full match. The team result does not matter here — it is purely about individual performance.
Popular in ODI and T20Total Runs Over/Under
A bet on whether the total runs scored in an innings or the full match will be above (over) or below (under) a set number. Example: Team A first innings over/under 160 runs.
Active in Live Betting TooMulti Bet
Multiple selections from different matches are combined into a single bet. You win only if every selection is correct. Example: backing three teams to win three separate matches — all three must be correct for the multi bet to win.
Higher ReturnsSeries Winner
A bet placed in advance on which team will win more matches and take the series overall. Odds on this market generally remain fixed for a longer period.
Test and ODI SeriesHandicap Betting
When there is a difference in strength between two teams, one team is given a virtual advantage or disadvantage to level the market. Example: if Team B is given a -5 run handicap, they start with 5 runs fewer than their actual score — they must cover that margin to win. The handicap market here is for illustration only; no specific monetary calculation applies.
How to Read Odds — Decimal, Fractional and American
Three odds formats are available on good111 betting markets. With a little attention, each one is straightforward to understand.
The same value in three formats: Say Team A wins at decimal odds of 2.25. That is 5/4 in fractional format and +125 in American format. On a ৳1,000 bet, a win returns ৳2,250 in total (৳1,250 profit plus your original ৳1,000 stake back); a loss means the full ৳1,000 is gone.
Favourite's odds: If Team B is considered the favourite, the decimal odds might be 1.80 — that is 4/5 fractional and -125 American. American minus odds show how much you need to stake to win ৳100. Here a ৳1,000 bet returns ৳1,800 on a win (৳800 profit).
The decimal number is a direct multiplier of your total return — multiply your stake by it to get the return. Fractional odds show the numerator/denominator as a profit ratio. American plus odds show the profit on a ৳100 stake.
| Format | Team A (Underdog) | Team B (Favourite) | Return on ৳1,000 stake |
|---|---|---|---|
| Decimal | 2.25 | 1.80 | Team A: ৳2,250 / Team B: ৳1,800 |
| Fractional | 5/4 | 4/5 | Team A: ৳1,250 profit / Team B: ৳800 profit |
| American | +125 | -125 | +: profit on 100 stake / -: stake needed to win 100 |
All examples are for illustration only — they are not live odds for any specific match and do not guarantee a win.
Multi Bet — Multiple Selections in One Bet
In a multi bet, predictions from multiple matches are combined into one. The odds of each selection are multiplied together, so the potential return is higher — but if even one selection is wrong, the entire bet is lost.
Example — a multi bet with three selections:
If three separate matches have decimal odds of 1.50, 1.70 and 1.90, the combined odds are 1.50 × 1.70 × 1.90 = 4.84 (approximately). A ৳100 stake returns ৳484 if all three selections are correct. If any one is wrong, the full ৳100 is lost.
A multi bet raises the potential return but also increases the risk. The more selections you add, the harder it is to win. Betting at good111 should always be treated as entertainment — and responsible gaming is important for every bettor.
Live In-Play Betting — Odds Shift Every Time a Wicket Falls
Live in-play betting at good111 means you can place bets while a match is in progress. In cricket this is particularly interesting — because every wicket, every boundary and every maiden over is reflected in the odds instantly.
Say Team A has lost three wickets in the powerplay. At that moment, Team A's odds of winning will lengthen (because winning is now harder), and Team B's odds will shorten. That is exactly how the market updates with every key moment.
Run rate per over, partnership length, a spinner's spell or the effect of dew — all of these can be reflected in live odds. In a T20 match, markets move fastest in the final five overs.
A stable internet connection is needed to enjoy live betting. The good111 Android and iOS apps are available through official channels, making fast live betting easy on mobile.
Practical Tips for Betting — Know Before You Start
Cricket betting is a form of entertainment. Keeping the following tips in mind will make the experience better.
- Set a budget: Decide on a fixed amount before each session and do not go beyond it. Betting is never a way to recover losses.
- Build skill in one market: Start by focusing on simpler markets like match winner or total runs. Spreading bets across too many markets at once leads to confusion.
- Stay aware of weather and pitch conditions: Pitch type and weather have a major effect on results in cricket. On spin-friendly wickets in particular, total runs can be lower.
- Do not rush in live betting: In-play odds change fast. Rather than placing large bets on the spur of the moment, take time to observe the situation.
- Keep the number of selections in a multi bet limited: The more selections, the greater the risk. A multi bet with two or three selections is comparatively manageable.
- Read the terms and conditions: Before taking up any bonus or promotion, reading the terms and conditions is important — it helps avoid misunderstandings.
Start Cricket Betting at good111
New members receive a 100% bonus on their first deposit, up to ৳10,000 (bonus requires 20x wagering). The minimum deposit is just ৳100 — easily done via bKash, Nagad, Rocket or Upay. Withdrawals are generally processed within 10–45 minutes. Join the VIP programme to receive cashback every week. 24/7 live chat support in Bengali is always available.