Guide to betting on the exciting ICC Men's T20 World Cup

Get ready to bet on the Men’s T20 World Cup at Sportsbet.io, the best crypto sports betting platform online. Learn all the essential information—from the tournament’s betting markets, and tips you need to make informed decisions.

Dive into the details of the tournament and equip yourself with comprehensive knowledge for a successful betting experience:

ICC Men’s T20 World Cup tournament format 

The ICC Men’s T20 World Cup, organised by the International Cricket Commission (ICC), occurs biennially, with the 2024 edition marking its ninth edition since its inception in 2007. This premier event features 20 qualifying teams fighting for the title. 

Scheduled in June 2024, the tournament unfolds with three stages and teams are eliminated for each one until there is only one winner at the end. Understanding the tournament format is crucial for navigating T20 World Cup betting effectively. Here’s a concise overview:

Group Stage

  • All 20 qualified national teams are divided into 4 groups.

  • The teams are seeded into groups based on how they qualified:

                T20 International (T20I) rankings. 

                Regional qualifying tournaments

                Host country status (always play on the opening day)

  • Each group competes in a single round-robin format.

  • The top 2 teams from each group advance to the Super 8 stage.

Super 8

  • The remaining 8 teams are seeded into two groups.

  • Both sides follow a round-robin format like in the Group Stage. 

  • The winners of the two groups are seeded with the runners-ups of the other two groups. Distribution will be as follows:

                Super 8 A: 

                Group A winner

                Group B runner-up

                Group C winner

                Group D runner-up

                Super 8 B:

                Group A runner-up

                Group B winner

                Group C runner-up

                Group D winner

  • The top 2 winners from each Super 8 group advance to the Semi-Finals.

Knockout

  • The stage begins with the Semi-Finals.

  • The series of games follow a single-bracket elimination format.

  • Teams are seeded as follows:

                Match 1: Super 8 A winner vs Super 8 B runner-up

                Match 2: Super 8 A runner-up vs Super 8 B winner

  • The winners of both matches move on to the Grand Finals. 

  • The winner of the Grand Finals emerges as the winner of the T20 World Cup.

Top 3 favourites to win the 2024 ICC T20 Men’s World Cup 

With all 20 teams battling through the Group Stage, only a few will advance to the next stage. Making ICC T20 World Cup predictions demands insight into the sport or staying tuned to online discussions. This knowledge gives you an advantage as a bettor. Here are the top picks for this season:

India 

India is always among the top of the T20 World Cup favourites for boasting the world’s best cricket athletes. This includes iconic figures like Virat Kohli, Suryakumar Yadav, and Ravindra Jadeja. Overall, Team India is favoured among T20 World Cup 2024 teams for having a fierce lineup of batters and bowlers leading the charge. 

England

The India vs England T20 rivalry is one of the most heated debates online. It is a battle between the spectacular Men in Blue and the steadfast Three Lions. England is the most successful team in the ICC T20 Men’s World Cup history with 2 titles, tied with West Indies. The latest of which is won in 2022, making them this season’s defending champions. England fields a squad of impressive bowlers and their top-ranking players include Ben Stokes and Jos Buttler. 

Australia

The West Indies are a 2-time tournament champion but Australia surpassed them as the World Cup T20 favourites for 2024. This reputation can be attributed to the team’s long success in the last two years, including the 2021 championship victory. The Australia vs New Zealand T20 is highly anticipated this season but the representatives of the Land Down Under have seen more success this season. Fans anticipate seeing Steve Smith and Mitchell Starc face off against their peers in the Indian Premier League (IPL).

ICC Men’s T20 World Cup match betting markets

The betting markets for the T20 World Cup 2024 matches offer a range of options familiar to all cricket fans. However, for newbies, it’s essential to go over your choices first before putting a stake. Here are the types of markets you’ll see when you bet on T20 World Cup at Sportsbet.io:

  • Winner bet: Predict who will win between the two competing teams. For example, in a matchup like South Africa vs West Indies T20, then the winner is whoever has the highest score at the end of the event. 

  • Total runs (over/under): Bet how many runs both teams will get throughout the match or in certain overs. Your choices are only between over or under a given number that comes with an additional 0.5 value to avoid the possibility of a tie. 

  • Dismissal method: Bet on how a batsman will be dismissed. Your options include the following:

    • Run out

    • Stumped

    • Caught / not caught

    • Leg before wicket (LBW) 

    • Bowled

  • Top batsman: Predict which batsman will score the most runs in a match or inning. Choices will be limited only to popular athletes of that match. This will include top scorers like Liton Das or Ibrahim Zadran if you’re betting on Bangladesh vs Afghanistan T20.

  • Top bowler: Wager on the player you believe will take the most wickets in a match or inning. Similar to top batsmen, options include only likely candidates. For example, names like Haris Rauf and Wanindu Hasaranga are the top choices in a match between Pakistan vs Sri Lanka T20.

How to read cricket betting odds at Sportsbet.io

Every bet on T20 World Cup with crypto offers rewards in the same currency but the payout size is determined by the odds associated with your T20 World Cup predictions. T20 World Cup odds indicate the likelihood of an outcome occurring within that market. It is also used to calculate how much you stand to gain in a winning bet but how that’s communicated depends on the format. 

There are three ICC T20 World Cup Betting odds formats available on Sportsbet.io. All of them apply to every currency on the network so it applies to Bitcoin (BTC), Tether (USDT), and other crypto users. Here’s how to read them and calculate your potential payout:

  • Decimal

    • In this format, the odds serve as multipliers to your stake where the product is equal to your stake back plus the profit. Here’s the basic formula:

      • Your stake x the odds = your payout

    • The outcome with the higher value represents the underdog or the less likely winner. Therefore, it’s a high-risk bet with the potential for high rewards. Meanwhile, the favourite has a lower number, indicating low risk and reward. 

  • American

    • These can be simplified in currency terms like in USDT betting T20 World Cup. If you are betting on the underdog, then find the outcome with positive odds. The prize for winning is equal to the indicated number if you bet 100 USDT. Negative values, meanwhile, indicate the favourite. This is how much you have to bet to win 100 USDT. Here is the equation:

      • (Your stake x the odds) / 100 = the payout on a bet on the underdog

      • (Your stake / the odds) x 100 = the payout on a bet on the favourite

  • Hong Kong

    • This odds format is similar to decimal in a way that you calculate your winnings by multiplying your stake size. However, the value indicated only shows how much the profit is going to be independent of your stake return. The formula is as follows:

      • Your stake x the odds = your profit

    • The major difference between decimal odds and Hong Kong odds is 1.0 only. That number is the cashback you earn from winning a bet. 

Essential betting tips for the ICC T20 Men’s World Cup

Knowing how to read betting odds T20 World Cup is just the beginning; delving deeper into key strategies is crucial. Here are three good starting points if you are new to cricket betting:

Try betting on underdogs unless it’s against the top 3 favourites

Betting on underdogs can be both thrilling and rewarding given their high payouts. However, only bet on them if they are against any other national teams except the top three. India, England, and Australia are in their best form this 2024 so stakes against them will be too risky. 

Spread your bets across multiple markets per match 

Bitcoin T20 World Cup betting can be more fun if you spread your bankroll instead of splurging it all in a single bet. Diversifying your bets on various markets allows you to win in other ways to cover your losses in other wagers, ensuring a more balanced approach to your bankroll management. 

Set a strict budget limit 

It can be easy to get carried away, especially if you’re invested in the teams. This can lead you to stake more than what you’re willing to lose and as a bettor, you must be ready for the worst-case scenario. Setting boundaries on how much you stake avoids the dangers of significant losses and chasing them. 

Bet on ICC T20 Men’s World Cup at Sportsbet.io

Sportsbet.io offers a robust sports betting platform providing everything you need to upgrade your USDT betting T20 World Cup wagering experience. Check out these features and capitalise on them to improve your bets:

  • Price Boost: Access the Price Boost feature on supported matches directly from your bet slip. Toggle this before you finalise your predictions to win exponentially more than the standard payout of that market.

  • Mobile app: Enjoy seamless betting on all devices with the mobile app version. It is available on Android and iOS devices, giving you an optimised and unrivalled sports betting experience on the go.

  • Bet sharing: Discuss your predictions with other cricket fans by comparing tickets. This is now made easier with Sportsbet.io’s bet-sharing feature. You can now send your bet slip to your peers through Telegram and WhatsApp.

Immerse in the thrill of the ICC Men’s T20 Cricket World Cup with Sportsbet.io, where you can enjoy a fun, fast, and fair crypto betting experience. Complete with various match betting markets and tools, enjoy the convenience and excitement of betting on cricket’s most electrifying tournament.