Cricket World Cup 2023 Betting Guide

The Cricket World Cup is the biggest event in cricket, bringing together all of the very best teams in the world in the One Day International (ODI) format of 50 overs a side. To help you bet with confidence, our Cricket World Cup betting guide will run through the most popular markets, the favourites to win, the history of the competition, and news and predictions for the tournament!

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Cricket World Cup Betting Odds, Tips & Predictions

You'll be met by a very impressive array of betting options when betting on the Cricket World Cup. These will range from single match markets to outright markets. Regardless of how you like to bet, you'll be well-catered for when betting on the biggest cricket competition in the world.

2023 Cricket World Cup Betting Odds 

Team Odds Bookmaker
India 3.6 Betway
England 4 bet365
Australia 5 Unibet
New Zealand 10 Betway
Pakistan 11 Betfair
South Africa 12 Betway
West Indies 17 Unibet
Sri Lanka 21 Betway
Bangladesh 51 Betway
Afghanistan 151 Betway


Cricket World Cup Betting Tips & Predictions 

The unpredictable nature of cricket, and this competition in particular, should not be underestimated. While there are the standard favourites like India and England, those lower down the pecking order, such as the West Indies and Sri Lanka, shouldn't be discounted. Indeed, both have World Cup pedigree and boast some fantastic talent that can turn a game on its head.

The 2019 Cricket World Cup was won by England against New Zealand in dramatic style, going down as one of the greatest matches in sporting history as the constant twists and turns kept spectators on the edge of their seats. Even after a Super Over, England couldn't separate themselves from New Zealand, though the former ultimately won due to their superior boundary count in their first innings. Now, with the competition set to take place in India in 2023, who should you back?

As the home side, India will be the favourites for many bettors. They'll be playing in front of stadiums filled with their own fans, on pitches they're accustomed to batting and bowling on. However, it's always worth noting that teams often have a tendency to crumble under pressure, making it a wise move to back the second or third favourites to win. These teams – in this case, England and Australia – will provide you with fairly good odds, along with teams crammed full of world-class talent that are used to winning big competitions.

When considering backing India, it's also worth noting that they have had a tendency to underachieve in recent years. Their semi-final loss to New Zealand at the 2019 World Cup was a hugely surprising one after all their hard work of topping the group and then bowling their opponents out for a low score. This isn't to say they won't come good in 2023, but it's definitely worth keeping in mind.

Away from the favourite, England, Australia, and New Zealand will be the choice for many when looking to back a winner. England have excelled in recent years in ODI cricket, and are currently the number one ranked side in the world, while Australia and New Zealand have continued to improve in all forms of cricket, boasting very well-balanced sides with both bat and ball.

The real challenge will be whether they play under Indian conditions effectively. A selection of top-class spin bowlers will be vital in 2023, while batsmen that are unable to pick the different variations of spin bowling will find it tough to score runs, especially on slower pitches. While the likes of Joe Root, Steve Smith, and Kane Williamson will look to put their exemplary batting on show, it'll be interesting to see whether those around them will fare as well against spin bowling.

Backing the underdogs like the West Indies, Sri Lanka, and Bangladesh offers good value, with the three currently at 17 or higher in the betting odds, though their chances of trumping all of the other top-quality sides ahead of them seems slim at this point. Their failures in the last World Cup – Sri Lanka picked up eight points, Bangladesh seven points, and the West Indies five points – meant that all three failed to make it out of the group stage. While there's a lot of time between the two editions of the World Cup, failures at major competitions haunt sides, especially when a side is struggling to find form.

Much like IPL betting, which provides a diverse range of betting options, the Cricket World Cup gives bettors the ability to wager on pretty much anything that could possibly happen in a game of cricket. This ranges from betting on outright betting markets like Tournament Winner and Top Tournament Batsmen, to more granular single match markets like To Win the Toss, Method of First Dismissal, and Top Opening Partnership.

These markets can be further enhanced when paired with live cricket streaming, allowing you to watch and bet on cricket as it happens. So whether you decide to bet while watching the game via a live stream or not, you'll need to know the most popular betting markets and how they work. To make things easier for you, we've listed some of the most popular markets in Cricket World Cup betting below.

Cricket World Cup Winner Betting

This market allows you to bet on the overall winner of the Cricket World Cup. If you were to wager on a side before the tournament starts, you'll likely get better value on your bet than if they were enjoying their fourth win in a row and sat at the top of the table. Be careful with this market, however, as you're backing the tournament winner, not the top side at the end of the group stage.

Best Cricket World Cup betting sites for Cricket World Cup Winner betting: Betway, bet365, and Unibet

Cricket World Cup Top Batsman Betting

Here, you'll wager on which batsman you think will end the tournament with the most runs. This market can be quite fickle as there's no telling when a top-quality batsman will enter the fray. Indeed, if you're backing Jos Buttler to end as the top batsman, but he's consistently coming in with England at 20-5, then he'll have to play a very different innings to when he comes in with England flying with 250 runs after 30 overs.

Similarly, if Buttler continually comes in with England looking for him to make a very quick start with only a handful of overs left, he may find it difficult to score runs consistently. This is because there would be no time to get his eye in, and he'd be playing for the team and not looking to keep his wicket intact if there's a chance of scoring runs quickly.

As things stand, the likes of Kane Williamson, Virat Kohli, Rohit Sharma, Steve Smith, and Jos Buttler will all feature favourably in 2023 if they continue on their current trajectories, although there'll be a lot of value away from these five, too.

Best Cricket World Cup betting sites for Top Batsman betting: Betway and 888sport

Cricket World Cup Match Winner Betting

This is one of the most popular and simplest ways to bet on the Cricket World Cup. Here, you'll bet on which of the two teams in the match will end as the winner. A word of warning, however- if you're betting on India vs Afghanistan, India will come into the game as big favourites, while Afghanistan will be the underdogs. Betting on India will provide you with a decent amount of security as they should win, but it will also offer little value. Betting on Afghanistan, on the other hand, will offer you value, with little hope of the bet coming off, barring a big upset.

Instead, you should look to back a team in something of an even game. If England take on Australia in a match, one of the two will likely offer fairly good odds, and there's a genuine chance either could win the game. Of course, while this does mean that there's a chance your bet could lose, it offers better value than always wagering on the favourites in a mismatch.

Best Cricket World Cup betting sites for Match Winner betting: Dafabet, Unibet, and bet365

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Cricket World Cup – Tournament Structure

Before the Cricket World Cup actually begins, teams must go through a qualification system to earn the right to fight for the trophy. In order to qualify, the top seven teams from the 2022/23 ICC Cricket World Cup Super League will make it through, along with India as the tournament hosts. The remaining five teams that don't qualify from the World Cup Super League will go into the 2023 Cricket World Cup Qualifier with five Associate sides, where two teams will make it through to the Cricket World Cup.

Pre-2023 Cricket World Cup Format

  • 2020/23 ICC Cricket World Cup Super League: 30 July 2020 – 31 March 2023
  • 2023 Cricket World Cup Qualifier: 18 June – 9 July 2023

Once all ten teams have been confirmed for the tournament, they will then play in a round-robin competition that culminates in a knock-out stage and final. While the teams for the competition aren't yet known, the usual suspects in England, Australia, New Zealand, South Africa, and Pakistan will likely feature alongside India. This would leave the West Indies, Sri Lanka, Bangladesh, and Afghanistan to fight it out for the final two spots, with two of the four then having to play in the Qualifiers. Clearly, this will be a very hotly contested league.

In the 2019 World Cup, teams were awarded two points for a win, one for a no result, and no points for a loss. The fact that a win gave two points and not three means that, even if a team wins a number of matches, they won't stand on what seems like an insurmountable number of points. For example, if a side is on eight points from four games instead of twelve, teams, players, and fans will view this total as more chasable, which can help to keep negativity out of the minds of all those involved.

Cricket World Cup – History

The Cricket World Cup began back in 1975 and was hosted by England (which was also the case for the 1979 tournament). Since then, there have been twelve editions of the competition, with the thirteenth set to take place in India in 2023. To this day, Australia remains the most successful team in World Cup history, with five total triumphs. The current holders are England, after they defeated New Zealand in the most exhilarating World Cup final in the competition’s history. Meanwhile, India and the West Indies have won twice, while England, Pakistan, and Sri Lanka all have one victory to their names.

The West Indies twice enjoyed the sweet taste of victory as they beat Australia in ‘75 before defending their crown in ‘79 against England. However, as they went for an unprecedented three in a row, they were beaten by India in the final, with the third edition of the tournament at last seeing a winner that wasn't the West Indies.

With the 1987 tournament being jointly hosted by champions India and Pakistan, many thought the reigning champions could defend their crown. However, it was Australia's turn to lift the trophy, as they beat England by seven runs in a tense final that went all the way. Australia were looking to secure back-to-back wins as they hosted with New Zealand in the next competition, but Pakistan came out victorious. Along with their win came another runner-up medal for England, meaning they now had the unenviable record of three losses in three appearances in Cricket World Cup finals.

Sri Lanka were the winners of the 1996 World Cup, as they beat Australia by seven wickets, but this loss did nothing to extinguish the latter’s drive to lift the cup. Rather, it added fuel to the fire as Australia won the next three World Cup finals in a row, hammering Pakistan, India, and Sri Lanka in the three show-piece matches. It took an inspired Indian side in 2011 to wrestle the trophy from Australia, but the side from Down Under were not to be denied, taking back their crown as they beat New Zealand in the final that the two co-hosted in 2015.

After all the hurt they suffered throughout their numerous World Cup campaigns, England at last lifted the trophy in 2019. By the final, people knew that there would be a new name on the cup, regardless of the winner, as neither England nor New Zealand had ever won the World Cup. It was the tournament hosts that came out on top in the most dramatic fashion against 2015’s beaten finalists as Ben Stokes’ batting heroics, coupled with the Super Over ending in a tie, saw England lift the World Cup due to their superior boundary count in the final.

The 2023 edition of the tournament has a lot to live up to, but if the incredible IPL is anything to go by, India will do a very good job of hosting one of the world’s top cricket tournaments.

Cricket World Cup – Past Winners

Year Winner Runner-up
1975 West Indies Australia
1979 West Indies England
1983 India West Indies
1987 Australia England
1992 Pakistan England
1996 Sri Lanka Australia
1999 Australia Pakistan
2003 Australia India
2007 West Indies Sri Lanka
2011 India Sri Lanka
2015 Australia New Zealand
2019 England New Zealand

Cricket World Cup – Key Stats 

  • Australia have won the most Cricket World Cups, lifting the trophy five times.
  • England are the current holders of the World Cup.
  • Australia's Glenn McGrath is the all-time leading wicket-taker, with 71 wickets.
  • India’s Sachin Tendulkar has scored the most runs in World Cup history, with 2278 runs.
  • 2023 will only be the fourth time India have hosted the tournament, and the first time they have done so as sole hosts.
  • New Zealand's Kane Williamson was named the 2019 Cricket World Cup player of the tournament.

Cricket World Cup Betting FAQs 

Which are the best betting sites for betting on the Cricket World Cup? 

The best betting sites for betting on the Cricket World Cup depends on personal preference. Any of the betting sites displayed above will provide you with all of the betting markets and features you need, but our top picks for betting on the Cricket World Cup are Betway, bet365, and BetVictor. The three have extensive markets, competitive odds, excellent promotions, and boast some of the best features on the market today.

Which country will host the next Cricket World Cup? 

The 2023 Cricket World Cup will be hosted by India. This is the first time they'll run the tournament as sole hosts, and they have a lot to live up to following the very successful competition in England and Wales in 2019.

Where can I watch the Cricket World Cup?

You'll likely be able to watch the Cricket World Cup on TV depending on the subscriptions you have. However, if you aren't subscribed to the correct channels, you should check out your chosen bookmaker to see whether they live stream certain matches from the tournament. If they are, then you should try pairing this with the best in-play betting sites, which will make for very exciting cricket betting.

Who will win the 2023 Cricket World Cup? 

This isn't a particularly easy tournament to call, especially due to the conditions the players will be met with in India. Slower pitches that will likely give more help to spinners will see the bowling attacks for the likes of England and Australia having to switch focus from faster bowling with swing options to spin bowling. For India and Bangladesh, their spin bowling options will likely be lengthy, so they may be among the sides to back.

This doesn't mean you should discount England, Australia, South Africa, or New Zealand, with their spin and seam options likely already looking towards plans for the upcoming tournament. With this in mind, we would lean more towards a team outside of India to win the tournament if you're looking for value, though we can see why the hosts are the favourites.

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CricketBettingAdvice Final Say 

Betting on the Cricket World Cup has never been easier! The reach of the tournament has made betting on it massively popular, with bookmakers making the most of it. If you're looking for the best cricket betting sites and cricket betting apps we recommend signing up with Betway & bet365 as you'll be given everything you need to bet on the Cricket World Cup.

The array of choices when betting on the Cricket World Cup is something that continues to draw people in, while the unpredictable nature of the game itself makes it very exciting to bet on. Whether you're an experienced bettor or a new cricket bettor looking to use the best cricket predictions in the world, the Cricket World Cup isn't a competition you'll want to miss out on

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