Updated: Jun 5th, 2023

Cricket World Cup 2023 Betting

First held in 1975, the Cricket World Cup is the pinnacle of the limited overs version of the sport. Every four years, the top nations battle it out over the course of six weeks to decide the world champions of one-day cricket.

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Understanding Cricket World Cup Betting

Outright odds (ie: backing the overall winner) are up for several months before the event. Each-way betting (half the odds in some cases for reaching the final) sometimes is available.

Nearer the time as more squads are announced, a number of special markets will come out. These include the likes of tournament top batsman and top bowler, team top batsman and top bowler, odds to reach the knockout stages, odds to reach the final, and to finish bottom. And, of course, there are odds for individual matches.

If matches are interrupted by rain, the number of overs may be reduced in length with the Duckworth-Lewis method possibly coming into operation. This calculates a required score for the chasing side, but both sides need to face a minimum of 20 overs apiece for there to be a result.

Betting on One-Day Cricket

Since the advent of T20 cricket there have been several tweaks to the 50-over format to make it more exciting. Powerplays, periods when fielding restrictions are in place, were previously chosen by the bowling or batting side but these have now become fixed as follows:

This combined with more batter-friendly pitches has led to a sizeable shift in strategy with hard-hitters often opening to take advantage of the lack of fielders on the boundaries. One popular market is which team will score the most sixes. You can bet under or over on the number of runs a team scores in a set number of overs, like the 10 overs of the opening powerplay. That figure will change in play.

Run rates have risen dramatically in recent years. All of the top 20 team scores in ODI history have come since 2006 with half of these made in the last five years. It is still vital for a team to play out their overs with all but one of those totals coming from 50 overs. The exception was one ball shy of the full allocation.

Factors to Consider When Betting on the Cricket World Cup

Despite that uniform increase in scoring rates, pitches and climatic conditions are still important things to take into account. The characteristics of pitches vary markedly across the world, and is something to take into account when considering your cricket betting strategy.

Cloud cover in England helps the ball swing in the air and there is ample seam movement off the pitch. India, where the 2023 World Cup will be played, tends to have slower pitches which favour spin. It can certainly pay to analyse how bowlers and batters have performed previously in the host country.

Form obviously has a big bearing on how teams will fare with a settled squad undoubtedly a positive sign. As for assessing individual player form, the IPL ends less than a month before the World Cup, and each team has two warm-up games in the host nation the week before the start of the competition.

Cricket World Cup Betting Tips & Strategy

Home-Team Advantage

Home advantage is usually a big plus. Similarly, if someone struggles to score runs in a particular place, there is usually a good reason why. For instance, Australian batters have coped pretty poorly with the moving ball in England in recent years so they might toil this time around.

For 2023, some bowlers will have had unsatisfactory experiences of touring India in the past. Will an out-and-out quick prove expensive on the dead pitches out there? There is a wide range of stats websites - Cricinfo and HowSTAT to name just two - where you can pinpoint accurately how a player has performed in certain conditions. Consult these first before deciding who to back outright, and who to back in top batsman and top bowler markets.

Cricket World Cup Contenders

With five triumphs in 11 competitions (up to 2019), Australia are by far the most successful team in the history of the Cricket World Cup. They had been long seen as ‘hard but fair’ competitors before the ‘Sandpapergate’ scandal which saw Cameron Bancroft, vice-captain David Warner and skipper Steve Smith suspended from international cricket.

Warner and Smith have recently returned to the fold and the ‘Baggy Greens’ are back on song. Victory in England would see them retain the crown and make it five wins in the last six World Cups.

After Australia, India and the West Indies boast two wins apiece although the men from the Caribbean have not been victorious since taking the first two editions in 1975 and 1979. Pakistan (1992) and Sri Lanka (1996) are the other countries to have won it.

England are the most obvious side missing from the list of previous winners have been runners-up three times. New Zealand reached their first final in 2015, losing out to co-hosts Australia, while South Africa - who played their first World Cup in 1992 after Apartheid - have been beaten four times in semi-finals.

Going the Distance

After several format changes over the years, the 2019 edition provides a rough template for the future with 10 teams in the competition. Whereas previously there was a risk of the host nation making an early exit, now all 10 teams will play each other once with the top four going through to the semifinals.

The Super Sixes stage from past renewals has been scrapped meaning each team is guaranteed to play nine times before the semis and the final. This places an emphasis on squad depth with teams who perform well early on having the option of resting players before the semi-finals. Similarly, teams who start poorly still have a chance of winning the competition.

For the outright market, there is a choice to make during the tournament. Back the first team to book their place in the last four knowing they will be able to keep key players fresh for the business end. Or pick the team which finishes the round-robin strongly in the hope they carry that ‘momentum’ through to the knockout stages.

In-Play’s Where the Action’s At

In-play betting: This has revolutionized cricket. There are so many markets to bet on from normal match betting to the number of runs in an innings, partnership, or even over, and next man out. Another popular market is ‘method of next dismissal.’

Match betting: This can change in an instant thanks to a big over for the batting or bowling side. Markets are suspended at the fall of a wicket in order to give traders time to update score ranges and match odds and provide new markets for the incoming batter.

Check out US sports betting sites to know about sign up process, where you can bet online, what free sports bets you can bet on etc.

Previous Cricket World Cup Winners

YearWinnerScoreRunner-Up
2019England241/8186/3New Zealand
2015Australia186/3New Zealand
2011India277-4Sri Lanka
2007Australia281/4Sri Lanka
2003Australia359/2India
1999Australia133/2Pakistan

FAQ


The Cricket World Cup 2023 will take place from February 9, 2023 to March 26, 2023.

The quadrennial tournament will take place at stadiums across India.

Yes, if you live in one of the states that has legalized sports betting.

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