Sport betting is thrilling, particularly when the group stage begins. The fans watch teams that they believe will win, but some are smart bettors who place wagers on teams that all of us won’t consider, the underdog teams. Cricket is becoming more popular, and the number of fans using betting apps cricket is increasing. But is it a good practice to make a bet on underdog teams during the group stage?
Let’s learn about underdog betting, when it will be profitable, and what you should keep in mind.
What’s an Underdog in Sports Betting?
An underdog is the team or player that most people believe will lose. The favorite is expected to win, and the underdog is seen as the weaker side. Odds are set based on this idea. The underdog usually has higher odds, meaning you can win more money if they win.
For instance, if a strong team is about to play a team that reached the group stage, the strong team will be favored. The other team, with less fan support or poorer past performance, becomes the underdog. That’s where some bettors see a chance to win big with smaller bets.
| Odds | Profit from a $100 bet |
| +100 | $100 |
| +125 | $125 |
| +150 | $150 |
| +175 | $175 |
| +200 | $200 |
| +250 | $250 |
| +300 | $300 |
| +350 | $350 |
| +400 | $400 |
How Does Underdog Betting Work?
Underdog betting is simple, and you bet on the team that is less likely to win. Since everybody’s going to put a bet on the favorite, the underdog gets more money back. That’s because you will be losing less money, but can stand a chance at winning more money in case the underdog wins or even ties.
If the favorite is 1.50 and the underdog is 5.00, a $10 bet on the favorite will cost you $15 if they win. However, a $10 bet on the underdog will cost you $50 if they win. That is a tremendous difference for the same range of money.
In sports betting apps like Indibet app, this type of bet is very much in demand during group matches when teams are still settling into their pace. Losing happens frequently, and underdogs can defeat stronger teams who are still warming up.
Benefits and Limitations of Underdog Betting
Benefits
- Higher Payout: Since the underdogs are likely to lose, placing a bet on them will pay you more if they win.
- Less Money at Risk: You don’t risk a lot of money to get a good return.
- More Surprises in Group Stage: Early games have a lot of surprises, so there is a very good opportunity for underdogs.
- Value Bets: Sometimes the odds are not fair. The underdog might have more chances than the odds suggest.
Limitations
- Less Chance of Winning: Underdogs lose more times than not, so there is a greater risk.
- Less Predictable: It is hard to be certain when an underdog can win.
- Strong Teams Can Rebound: It doesn’t always mean that the favorites will continue losing just because they lost once.
It should be noted that while underdog betting can yield substantial returns, it does not always occur. There are some of these fans who use funds from apps like Indibet.in to study team numbers and statistics before making the bets.
When to Bet Against the Crowd?
You bet against the crowd by betting on the underdog when others are betting on the favorite. It can work well in the group stage when:
- The Favorite Is Under Pressure: A top team may feel forced to win to qualify, and play too adventurously and make mistakes.
- The Underdog Has Nothing To Lose: Low-probability teams may play freely and surprise everyone.
- Injuries or Suspension of Key Players: With the key players missing, the favorite team will not be able to perform at its best.
- Weather or Pitch Conditions Against Favorite Team: In the case of cricket, this is quite common and can completely turn the game around
Utilize betting apps cricket that provide you with team news, weather, and match statistics. That will assist you in getting opportunities that other individuals miss.
Don’t forget the group stage comprises a whole series of games, and not all the favorites win. That is when it becomes the best time to try underdog bets.
End Note
It is smart to bet on underdogs when playing in the group stage is done appropriately. It makes you win more with less capital. Although it is risky, it can be profitable if you watch the games closely, pay attention to the odds, and bet wisely. If you are placing a bet on betting apps cricket, there are numerous opportunities to place a bet against the underdog. Consider the facts, and if you want a trustworthy source to make a bet, use the reliable apps like Indibet. It provides useful information and reasonable odds.
Bet on the underdog and it won’t always work out, but when it does, the payoff is enormous.
