Cricket is more than a sport in Bangladesh; it’s a religion, and the nation’s deep-rooted adoration for the game echoes this. That is why it’s no surprise that cricket betting is gaining tremendous traction amongst cricket fans.
In this article, we present Bangladesh’s history of cricket betting, what makes it so popular, favourite tournaments, how to place bets on them, and more. Read on to learn all the details.
Cricket Betting in Bangladesh: A Booming Market
Cricket betting in Bangladesh has seen a meteoric rise in recent years. The global sports betting market was valued at US$85.047 billion in 2019, and cricket betting accounted for a sizable portion of it.
Although precise statistics on cricket betting in Bangladesh are currently inaccessible, estimates exhibit that over 60% of all betting activities in Bangladesh revolve around cricket.
Cricket excitement in Bangladesh reaches its peak around major tournaments such as the Indian Premier League (IPL), Bangladesh Premier League (BPL), and the ICC World Cup. These tournaments trigger a frenzy of betting activity among Bangladeshi fans.
In the 2019 World Cup, a legal online betting platform in England received a £17 million bet during India v/s Bangladesh match. If a single game can fetch such a huge betting amount, imagine the combined bet volume on all matches. It ought to be staggering, right?
What Makes Cricket Betting Popular in Bangladesh?
Numerous factors contribute to the tremendous popularity of cricket betting in Bangladesh, and we have listed the key ones for you.
Cultural Significance
Over the years, Cricket has become an integral part of Bangladesh’s culture. The national team’s successes on the international stage have fueled public interest, making cricket a central part of the country’s cultural identity. This passion translates into a willingness to engage in betting as fans seek to enhance their game experience.
Accessibility of Online Betting
The easy accessibility to online betting sites through the proliferation of smartphones and internet access has made online cricket betting a household name, just like the sport. Bettors can place their bets in the comfort of their homes or while on the go, which has certainly boosted the participation rates.
Legal Ambiguities
While the Public Gambling Act of 1867 prohibits gambling in Bangladesh, it does not explicitly address online betting. Bangladeshi cricket betting fans can access international cricket betting sites and bet on their favourite team or tournament. This legal grey area has allowed numerous online betting platforms to operate, attracting a significant user base.
Major Tournaments and Events
The cricket calendar is filled with high-stakes events that generate considerable betting activity. Major tournaments like the IPL and T20 World Cup attract enormous interest, with bettors eager to capitalize on their knowledge of the game and its players.
Statistical Nature of the Game
Cricket is a statistical game. Gamblers can predict the game result based on historical data related to weather, players’ performance, and pitch conditions. If one is good at predicting, then placing a bet on what will happen during a match is also possible. This develops an incredible thrust for cricket betting amongst the gambling community of Bangladesh.
Popular Cricket Tournaments Used for Cricket Betting in Bangladesh
Cricket betting in Bangladesh is not restricted to a handful of options. Cricket betting enthusiasts can bet on a wide range of international and national leagues.
International Leagues
- T20 Cricket World Cup: The T20 Cricket World Cup features the best teams from around the world. This global event has massive viewership in Bangladesh, making it a popular choice for cricket betting in Bangladesh.
- Asia Cup: This continental tournament features many Asian cricket teams, including Bangladesh. For cricket betting enthusiasts in Bangladesh, Asia Cup generates significant interest and betting activity.
- Indian Premier League (IPL): Even though IPL is an India-based tournament, it has a huge following in Bangladesh. Its star power, high-quality cricket, and massive viewership make it a betting favourite.
- ICC Cricket World Cup- The ICC World Cup is the pinnacle of cricket viewership and betting. It’s held every four years and provides great cricket betting opportunities.
Domestic Leagues
- Bangladesh Premier League (BPL): BPL is a premier domestic T20 league in Bangladesh and a popular cricket betting choice. Cricket betting enthusiasts can see many local and international stars making history and giving them amazing betting opportunities.
- Big Bash League (BBL): BBL is gaining traction amongst the cricket betting community in Bangladesh due to its high-scoring matches, which are played in a super entertaining format.
How Bangladeshi Bettors Place Cricket Bets?
Considering the mammoth size of the cricket betting industry in Bangladesh, many options have surfaced in recent years and allow cricket bettors to test their fortunes.
The majority of Bangladeshi bettors use trusted and licensed cricket online betting sites such as BanglaBet88. The platform offers various betting options, competitive betting odds, secure and swift payment, and a user-friendly interface.
Bettors can engage in pre-match and live betting, use BDT as currency, access the website in English & Bangla, and enjoy a lucrative welcome bonus of 8,888 BDT. The betting platform allows Bangladeshi cricket betting lovers to bet on many leading international and international tournaments.
T20, test match, or ODI; whichever format you prefer, BanglaBet88 has the right match for your cricket betting preferences.
Some betting platforms have also launched dedicated iOS and Android cricket betting applications to provide a seamless betting experience. The convenience of mobile betting is majorly appealing to high rollers during major events when matches are scheduled frequently. The mobile app lets bettors stay updated on the latest developments and bet in real time.
Final Say
The popularity of cricket betting in Bangladesh is a multifaceted phenomenon, influenced by multiple factors such as cultural significance, technological advancements, and social dynamics.
As cricket continues to capture the hearts of millions in Bangladesh, the expansion of the cricket betting market is paramount. Growing online betting sites are fueling the fire and increasing the passion for the game and betting. However, understanding the dynamics of cricket betting and navigating this evolved landscape is crucial for a pleasant experience.
