about Sports

What is the difference between Bookmaker & Betting Exchange?

Bookmaker market means betting with the bookmaker and betting on the odds they offer. When you bet on a traditional bookmaker you are betting against JiTABET rather than against other JiTABET’s customers. Therefore it is JiTABET who sets the prices and carries the risk.

A betting exchange, on the other hand, offers more competitive odds due to its nature as a peer-to-peer platform and the market is driven by supply and demand. It matches bets from backers and layers, you could be betting against one person or several in a betting exchange. The odds are generally higher for the betting exchange than for the same selections in traditional bookmakers, but unlike the traditional bookmaker, when you place a bet on a betting exchange you will need to pay commission on your net winnings on each market.

What kind of sporting events do Sportsbook provide?

Most sportsbooks accept wagers on most major sporting events, especially college and professional events. Some online bookmakers expand the kinds of bets they offer to other, non-sporting events, like the result of political elections and/or the Oscars. The most popular sports bets include:

  • ✓ Soccer
  • ✓ Virtual Sport
  • ✓ Finance
  • ✓ E-Sports
  • ✓ Basketball
  • ✓ Baseball
  • ✓ Football
  • ✓ Tennis
  • ✓ Badminton
  • ✓ Volleyball
  • ✓ Snooker/Pool
  • ✓ Motorsports
  • ✓ Cricket
  • ✓ Rugby
  • ✓ Darts
  • ✓ Table Tennis
  • ✓ Field Hockey
  • ✓ Handball
  • ✓ Olympics
  • ✓ Athletics
  • ✓ Swimming
  • ✓ Water Polo
  • ✓ Archery
  • ✓ Fencing
  • ✓ Judo
  • ✓ Taekwondo
  • ✓ Triathlon

Sportsbook – What is Cash Out?

Cash Out is a feature that allows the early settlement for whole or a portion of your bet tickets before the results of selected events or fixtures are determined.

Step 1:
Only matches having the “Cash Out” icon are eligible for Cash Out.

Step 2:
Select “Statement”. Tick the checkbox to view all tickets across different matches that can be cash out.

Step 3:
Cash Out button and Cash Out amount will be shown at each ticket.

Step 4:
Use a slider or input stake directly to Cash Out. Please note that the minimum partial cash out amount is at least 20% of the original stake of the bet ticket.

Step 5:
Once clicked the “Cash Out” button and confirmed it, the system will immediately process to Cash Out the ticket.

Note:
Cash Out is not available in Parlays, other multiple betting options and bonus bets.
Cash Out can only be processed once for any bets.

Sportsbook – How do I create a Mix Parlay / Multiple Bet?

A parley requires a minimum of 2 selections to be added into the same bet. This can include handicap/point spreads, moneylines, totals, futures, or even prop bets, as long as the bets are on different matches. If any of the bets in the parlay loses, the entire parlay loses. However, if all wagers win, the bettor gets a bigger payout. It is a high-risk, high-reward style of betting. And now, you can even place Mix Parlay bets across different sports on JiTABET!

To make a mix parlay bet:

Step 1:
Login to your JiTABET’s account.

Step 2:
Click Sportsbook and choose ‘Parlay’ bet.

Step 3:
Navigate to your desired sports.

Step 4:
Select two or more matches. You can combine different sports.

Step 5:
Choose your parlay type.

Step 6:
Enter your bet amount and click ‘Bet’.

Sportsbook – What is 1X2?

“1X2” refers to 3 outcomes that may occur within a defined period of an event.
Home team will win, Away team will win, or the event will end in a Draw (X).

Sportsbook – What is Outright?

Outright markets provide the opportunity to choose who will win a specific award, competition, group, or race etc.

Examples include:

  • The final outcome of a competition, i.e. Golf Tournament or F1 Driver’s Champion.
  • The final outcome of a preliminary round, i.e. Group winner in the World Cup.
  • The final outcome of a race, e.g. individual winner of a F1 race.
  • MVP award winners etc.

Sportsbook – What is Handicap?

Handicap bet is when each outcome has a + or – sign applied to it. This handicap is often called the ‘line’. On a ‘line’ of 1.25, one team will have 1.25 points added to their score, one team will have 1.25 points subtracted from their score. The Handicap winner is the team who ‘covers’ the spread based on the line and the final score.

For example, if team A and B are playing a soccer game and the line is +1.25 for team A which means that they’re the underdogs, If they lose by 1 or less you’re going to win the bet. Final result of team A is 1 and team B is 2. If you bet on team A in that case you would win your bet.

Sportsbook – What is Virtual Sports?

Virtual Sports is a selection of scheduled fixed odds games (events) in which the outcome is determined by a Random Number Generator (RNG). They are derived from fantasy sports and are inspired by real sporting events. A virtual betting game can be played at all hours of the day, offering customers betting opportunities whenever they want.

Players can wager on virtual horse racing, tennis, soccer, basketball, motorsport, cycling matches, and are offered the same types of bets that would be available if they were betting on a real event: outright winner, total score, over/under, moneyline, finishing positions, etc. Practically any sport can have a virtual counterpart, and many providers even offer 3D graphical simulations of matches, fights, and races. From the perspective of the bettor, the experience looks very similar to betting on real sports, but the actual outcome is determined by an RNG.

For all prices presented in the video streams the Fractional displayed is used, and the outcomes cannot be influenced in any way by JiTABET. JiTABET will be voiding all players’ bets and returning funds to the players’ account in the event of a technical problem with the virtual sports.

The main difference between virtual sports and live events is speed and frequency. Live betting is associated with long waiting times between matches or races. Virtual sports, on the other hand, are available around the clock, with no holidays, offseasons, or other interruptions. The process is much quicker too, so the bettors can place more wagers on virtual sports than they would when betting.

VIRTUAL SPORTS
LIVE SPORTS
OUTCOME
RNG
Numerous factors; weather, physical condition, amount of training
TEAMS
Prototypes of real-life players
Peal players
LEGALITY
Treated as games of RNG nature
Treated as betting
ACCESSIBILITY
24/7
According to the schedule

The most popular Cricket Markets

In this section, we’ll give you the low down on some of the most popular cricket bets that you can place. If you’re brand new to cricket, check out this entire list and work to find some that look like a good fit for you. If you’re a more advanced cricket player, we’ve probably got some listed below that you have not tried yet. After checking out this list, you might find something new to use in your cricket betting adventures.

✓ Toss Winner
For a cricket wager that isn’t really tied to the performance of any actual team or player, check out the win toss bet. Here, you’ll just be picking which of the two teams you think will win the coin toss at the start of the match. This can be a fun way to bet on a coin flip, literally.

✓ Toss Combination
If the win toss wager above sounds attractive to you, then you might also like the idea of placing a toss combination bet. For this wager, you’ll start by picking which team you think will win the coin toss. However, there is a second component that you also must decide. Once you’ve selected the team that you think will win the toss, you also have to decide if you think they will opt to bowl or bat first. To win this bet, you’ll have to pick both parts of the combination correctly.

✓ Match Betting
The most common form of cricket wager is the match betting bet. This is a straightforward bet as you only have to pick from three different outcomes. You’ll either select if you think that the home team will win, the away team will win, or if the match will end in a draw. That’s it! Due to the simplicity of this wager, it is super popular in the cricket betting crowd.

✓ Completed Match
For one day matches, you can place a bet on if you think that the game will be finished that day or not. If you believe that the weather or some other outside factor could impact the game finishing that day, then you might consider placing a bet that the match will not be completed. For this wager, you’ll merely bet yes or no if the game will be finished on the day that it is scheduled.

✓ Tied Match
Another straightforward cricket match bet is the tied match wager. For this wager, you’ll merely bet yes or no if you think that the match will end in a tie. If you select correctly, then you’ll win your wager.

✓ Innings Runs
For this wager, you’ll try to correctly predict the number of runs that will be scored in the first innings of the match. In most sportsbooks, you’ll find this type of bet as an over/under wager. In this case, the sportsbook will post a number of runs and then you’ll merely wager if you think that the actual number of runs scored will be over or under the number displayed by the sportsbook.

✓ Most Run Outs
Another uncomplicated cricket wager is the most runs out bet. A run out usually occurs when the batsmen are attempting to run between the wickets, and the fielding team succeeds in getting the ball to one wicket before the batsman has made their ground at that end. Here, you’ll just need to decide which of the two teams will have the most runs out in a match or series.

✓ Top Bowler
If you’re looking to wager on some specific players, you might consider a top bowler bet. Here, you’ll select the player that you believe will take the most wickets during a match or series. It’s up to you to decide which player from either team will earn this title. If you’re able to pick correctly, you’ll be rewarded with a nice payout from the sportsbook.

✓ Top Batsman
Another player specific wager is the top batsman bet. For this wager, you’ll need to select which player that you think will score the most runs during a match or series. You can pick from any player on either team. Since this wager is more difficult to predict than just picking which team will win correctly, it often has higher associated payouts if you’re able to get it right.

✓ Team of Top Batsman
If you don’t want to try to pick the exact player that will be the top batsman, you have another option that makes it a little bit easier to get it right. With the team of the top batsman bet, you just have to decide which team you think the top batsman will come from. Since you only have two options to select from here, your odds of winning this bet are much lower than correctly picking the top batsman himself.

✓ Over/Under Score
Another favorite version of a cricket wager is the over/under bet. This wager starts with the sportsbook posting a total score that they think the team will have by the end of a match or series. Your job is to decide if you believe that the team’s actual score will come in over or under that number posted by the sportsbook.

✓ Odd/Even Runs
For this type of cricket wager, you’ll decide if you think that a team’s runs for a match will either be an odd or even number. It’s worth pointing out that a score of 0 is considered to be an even number for this bet. With only two potential outcomes for this wager, it’s a very simple wager to comprehend.

✓ Method of Dismissal
If you’re into live betting on cricket, check out the method of dismissal wager. With this bet, you’ll decide how a batsman in the crease will end up being dismissed. Most often, you’ll be able to select from the following potential outcomes: caught, bowled, run out, LBW, stumped, or other. All that you have to do is pick the one that you think is the player that will be dismissed and then hope that you are selected correctly!

✓ Series Winner
If you’re new to watching or betting on cricket, you might not be aware that it is very common for two teams to enter into a series of matches. Instead of just playing one game, they’ll often play multiple games in a row. With a series winner wager, you’ll be picking which of the two teams you think will come out on top at the end of the series of matches. Don’t forget that you’re choosing the winner for the entire series as opposed to just one of the individual matches.

✓ Series Score
Another way that you can bet on a cricket series is to wager on the score of the series. Here, you’ll bet on what the final overall score of the series will be. The options from the sportsbook will be around how many matches each team will win in the series. Just pick the one that you think will be the end result and wait to see if you selected correctly.

✓ Tournament Outright Winner
If you’re looking to wager on a cricket tournament, one of the wagers that you can place is on the outright winner of that tournament. Here, you’ll need to select which team you think will rise above all of the others to win the tournament. When you go to place the wager, the sportsbook will list the associated lines for all of the teams in the tournament. Just select the team that you think will win it all and hope for the best.

✓ Man of the Match/Player of the Series
It’s extremely common in cricket for a single player to be tapped as the Man of the Match or the Player of a Series. With these two bets, you can select which player you think will earn the title. For the most part, these wagers are only available in major markets so you might not come across these if you’re betting on smaller market cricket matches.

What does ‘Accept at any odds’ mean?

Odds may change between betslip creation and bet placement, therefore, choosing to accept at any odds will still allow your bets to be placed when the odds change.

What are the minimum and maximum betting amounts?

The minimum and maximum bet amounts vary by sport and event. Specific values allowed will always be displayed within your bet slip.

What is a Bet ID?

A Bet ID is a unique reference number that relates to a transaction made on your account which allows us to quickly find the detailed information.

How can I check my Sportsbook Betting history?

In order to check your Sportsbook Betting history:

  • Step 1: Login to your JiTABET’s account.
  • Step 2: Click Sportsbook and select ‘Statement’.
  • Step 3: Click ‘Settled’ and expand your settled bet. Your betting history including your “Bet ID” will be displayed as below.

Why hasn’t my bet been settled after the event is completed?

Bets are usually settled within 5-30 minutes of an event finishing and the results being known. Live/In Play results may be settled during breaks in play such as half time (where the markets have known results).

There can sometimes be a delay during busy periods due to an influx of bets for highly popular events, in which case this time period is extended. At all times we endeavour to have bets settled as soon as possible. Please note that before a bet is settled we must receive official confirmation of the result from a variety of sources. If there is any ambiguity in the result of an event then settlements will be delayed until it can be confirmed.

If you do have a query regarding settlement, please have the Bet ID and details ready before contacting our 24/7 customer support team to ensure that your query is dealt with as efficiently as possible.