Cricket odds on Goexch: how to read every price

The slip shows your return if you back, or your liability if you lay, before you confirm. A shorter price means the market rates that team more highly, but the match isn't over. Live prices change every over, while your matched bet keeps the price you took.

• Toss odds settle at the toss.
• Match odds move after the toss and through the chase.
• Session runs are a separate market, not match odds under another name.
• Player markets depend on the real XI.

The probability guide explains the general idea and the World Cup odds guide covers football. This page focuses on cricket prices.

A ₹100 back bet at 1.80 returns ₹180 if it wins, which is ₹80 profit. At 2.50 it returns ₹250, or ₹150 profit. Laying ₹100 at 2.50 means you pay ₹150 if the team wins and keep ₹100 if it doesn't.

Divide 1 by the decimal odds. A price of 1.80 implies about 55.6%, and 2.10 implies about 47.6%. Add both sides of a bookmaker's market and you usually get more than 100%. The extra is the margin, and the guide to how bookmakers make money works through it. On an exchange, commission on winnings plays a similar role.

Only when your own estimate of the chance is higher than the price implies. Goexch's match prediction pages show fair odds from the model's win probability, so a 64% chance becomes 1.56. If the back price on offer is shorter than that, the bet has no value on those numbers.

Multiply the odds of each leg. Three legs at 1.50, 1.60 and 1.70 combine to 4.08. The chances multiply too: three results that are each about 60% likely all come in only about 22% of the time.