A betting slip is easier to read when you know the words. This glossary covers the terms cricket bettors meet first, grouped so you can find what you need, with examples drawn from the toss and match markets.
A bet moves through a few stages: you pick a market, read the odds, set a stake, wait for the result and see it settled. The groups below follow that order. Where a term depends on the sportsbook's own rules, we say to check them rather than guess.
Use the map to jump to the group of terms you need, then read down the page in that order.
Toss winner, toss combination and match betting, the three cricket markets the operator names.
Odds, margin and implied chance, which describe what an outcome pays and how likely the book thinks it is.
Stake, return, profit and bankroll, the terms for what you risk and what you can win.
Settlement, void and abandoned, which describe how and when a bet is decided.
The words you need before placing anything.
The panel that collects your selections, odds and stake before you confirm.
The outcome you pick within a market, such as one captain to win the toss.
A question the sportsbook offers a price on, such as who wins the toss or the match.
The amount you risk on a slip. It is the most you can lose on it.
The total paid on a winning bet, including your stake.
The return minus the stake. It is what you gain on a winning bet.
Words that help you judge a price rather than just read it.
The built-in advantage in a set of odds. It is why the chances implied by all outcomes add up to more than 100 per cent.
The chance of an outcome that the odds suggest. Shorter odds imply a higher chance.
A market in which you bet against the sportsbook at its price.
A peer-to-peer market where players bet against each other, with commission on net winnings.
Betting after a match has started, where prices change quickly.
One slip with several selections, all of which must win.
These use made-up units to show the idea behind each term, not real prices on any market.
You stake 10 units at odds of 2.0. If your captain wins the toss, the return is 20 units and the profit is 10.
You stake 10 units at odds of 4.0 on a captain winning and batting first. Both must happen or you lose the 10.
Five losing stakes of 10 units cost 50 units. One win at odds of 2.0 returns only 10 profit, so patience alone does not recover it.
If a market is voided under its rules, the stake is normally returned. Check the market's own settlement terms.
Settlement details belong to the operator, not to this site, so confirm them with the operator directly.
The operator states that a support team is available around the clock.
If you cannot reach support, the operator says to write to info@jeetbuzz.com.
Each market has its own rules on ties, abandonment and shortened matches. Read them first.
Quick answers about the words readers mix up most.
Toss winner is a call on the coin flip. Toss combination adds whether the winner bats or bowls first.
It pays more, but it means the outcome is less likely. Higher is not better, only riskier.
Many are shared, but the odds format and the settlement rules can differ. Read the ones on the slip.
A bet cancelled under the market's rules. Normally the stake is returned.
The total money you set aside for betting. It should be money you can afford to lose.
The cricket page applies these terms to the toss and match markets.
Cricket and sports guide