Home Business News Cricket betting to soar as big matches lines up for 2023

Cricket betting to soar as big matches lines up for 2023

by John Saunders
11th Jul 22 8:30 am

Arch cricket rivals India and Pakistan are set to play on the same team as part of the Afro-Asia Cup in mid-2023, Forbes has reported.

The matches will be watched by millions of cricketing fans all over the world who will root for their favourite players as the bet big on the matches.

The series is particularly eagerly awaited as the last bilateral series between India and Pakistan was in 2012-13. According to Wikipedia, the two countries have not played tests against each other since 2007.

With great matches comes the opportunity for cricket fanatics to participate in some serious cricket betting. Good websites provide spectators with cric betting tips created to help Indian punters get the most out of their cricket wagers.

The betting market has increased at an exponential rate over the past couple of years as more and more money is invested on making sporting events larger than life, with lots of factors including TV rights, advertising among others coming into play.

The global sports betting market is expected to grow from $89.65 billion in 2021 to $99.20 billion in 2022 at a compound annual growth rate (CAGR) of 10.64%, according to Sports Betting Global Market Report 2022.

The sports betting market is expected to reach a whopping $144.34 billion in 2026 at a CAGR of 9.83%, the research also found.

This comes in the backdrop of India losing to England this summer in what is its third successive overseas Test defeat in seven months.

The Indian team captain, Rohit Sharma, said only “time will tell” how the team will be affected by the loss at Edgbaston.

“It’s disappointing to not come out as victors. The Test series was for India to win. That said, time will tell whether that loss will have any impact in the T20I and ODI series against England. That was a different format, and this will be a different one.”

Meanwhile Indian cricket coach Rahul Dravid said: “Look, I think England played really well. I must admit I did not get to watch much of the England-New Zealand series, we saw parts of it when we were doing our planning and preparation. But, they played well, to chase down the kind of totals they have in all those four Test matches, has been exceptional.

“They have a couple of batters who are probably in the best form of their lives, they are playing exceptional cricket. I think they are playing really good cricket at the moment, hats off to them.”

We are the most reliable source of online cricket betting tips created to help Indian punters get the most out of their cricket wagers.”

As the world tries to recover from post-pandemic losses combined with economic shocks, big sporting events have provided a much needed respite from what has been one of the most challenging times in human history.

This bodes well for 2023 when sporting geeks will be treated to some of the biggest matches that will offer huge opportunities to win big through sporting bets.

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