8mbets Sports Events Betting — Cricket to Football and All Popular Markets
How odds work in cricket, football, and other sports, which markets to choose, and how to enjoy live betting — all explained in simple terms.
How Sports Betting Works
Sports betting is essentially the process of predicting the outcome of a game. You look at the odds for a team or player and stake a set amount of money — if your prediction is correct, you get a return based on the odds; if not, your stake is lost.
To bet on sports events at 8mbets, you first need to create an account, then make a deposit via bKash, Nagad, Rocket, or Upay. After depositing, go to the sports section, pick the event you want, check the odds, and set your stake.
A bet slip typically contains: the event name, market type (such as match winner), odds, and stake (bet amount). Check all these details carefully before confirming your bet. Betting is a form of entertainment — there is no guarantee of winning any event.
To learn more about the rules, read the Terms and Conditions.
Popular Markets and Examples
Match Winner Market
The simplest market — just pick who will win. Example: Team A vs Team B — if you pick Team A and they win, you get a return based on the odds.
Handicap Betting
The stronger team is artificially set back. Example: giving Team A a -1.5 handicap means Team A must win by at least 2 goals for the bet to succeed.
Over/Under
Predict whether the total will be more or less than a given number. Example: whether total runs in a T20 match will be over 320 — that is the Over/Under market.
First Goal/Run Scorer
Bet on who will score a goal or runs first. Example: whether a specific batsman from Team B will be the first to score a fifty — odds in this market are usually higher.
Multi Bet (Multiple Selections)
Combining bets from multiple matches multiplies the odds. For example, three selections at 1.40 × 1.50 × 1.60 = 3.36 combined odds — but if even one loses, the entire bet is lost.
Live / In-Play Market
Bet in real time while the game is in progress. Example: in a cricket match where Team A is at 180 runs for 5 wickets, you can place an instant bet on how many runs will be scored in the next over.
Decimal, Fractional and American Odds Formats
Sports betting odds are written in three main formats. 8mbets generally shows decimal format, but knowing the difference between all three will make you comfortable on any platform.
| Format | Team A to win | Explanation |
|---|---|---|
| Decimal | 2.50 | Total return including stake — ৳500 back on a ৳200 bet |
| Fractional | 3/2 | ৳3 profit for every ৳2 |
| American | +150 | ৳150 profit on a ৳100 bet |
Example 1 — Team A, Stake ৳200
All three formats show the same value: decimal 2.50 = fractional 3/2 = American +150. If Team A wins, you receive ৳500 (৳300 profit + ৳200 stake back); if Team A loses, ৳200 is gone.
Example 2 — Favourite Team B, Stake ৳200
Team B is the favourite: decimal 1.50 = fractional 1/2 = American -200 (American minus odds show how much you need to stake to win ৳100). A ৳200 bet returns ৳300 — profit of ৳100.
Multi Bet Calculation
If three selections have decimal odds of 1.40, 1.50, and 1.60, the combined odds are: 1.40 × 1.50 × 1.60 = 3.36. A ৳100 bet returns ৳336 — but if even one of the three loses, the full ৳100 is gone.
Pre-Match vs Live Betting
8mbets offers two types of betting. Each has its own advantages and requires a different approach.
Bet before the match starts
- Bets are placed before the game begins
- Odds are generally stable with fewer sudden changes
- You have time to analyse teams properly
- Easier to combine different markets together
- Relatively straightforward for new bettors
Bet while the game is in progress
- Bets can be placed while the match is ongoing
- Odds change continuously based on how the game unfolds
- You can make decisions by watching the flow of the match
- More instant markets available — such as next wicket
- Requires the ability to make quick decisions
More special markets are available for cricket betting at 8mbets — see the Cricket Betting Guide for details.
Useful Tips for Sports Betting
Set your budget in advance
Decide how much you will spend for each session before you start. If you lose that amount, treat it as the cost of entertainment.
Focus on one market
Start by focusing on one sport or market. Beginning with the match winner market in cricket makes it easier to learn how to read odds.
Compare odds
Odds can vary across different markets. Before placing a bet, look carefully at the odds across different matches and make your decision based on your own judgement.
Play responsibly
There is no guaranteed way to win bets. Following the responsible gaming guidelines helps keep betting enjoyable for longer.
Common Mistakes
Get Started with Sports Betting at 8mbets
New members get a 200% bonus on their first deposit, up to ৳5,000. The bonus must be wagered 15 times. Example: deposit ৳1,000 and receive a ৳2,000 bonus — balance becomes ৳3,000, wagering requirement ৳2,000 × 15 = ৳30,000.
For ages 21+. Betting is for entertainment.
Sports Betting FAQs
For more questions, see the full FAQ section.