Cricket odds: match, innings and tournament markets

Illustrative editorial diagram. It does not show an actual offer, interface or prediction.

First identify the format and contract. The same teams can have prices for the match, an innings, an over and a tournament outright.

Payout arithmetic

A hypothetical stake of 10 at 2.20 returns 22 on a winning selection, including the stake. The inverse price is about 45.45% before margin; it is not an independent probability model.

Different outcomes need different comparisons

A Test match can have a draw outcome. A limited-overs market may specify how ties and a super over are handled. Do not compare a two-outcome and a three-outcome quote as if the conditions matched.

Capture context

Record the score, innings, over, market and observation time when supplied. A pre-toss quote and an in-play quote describe different information states.