Most people bet on cricket to predict the Winner.
Traders bet on cricket to predict the Price Movement.
In this guide, we will teach you the fundamental "Back-to-Lay" strategy used by pros on Boro Jeet.
The Strategy: Back High, Lay Low
The goal is buy low and sell high, just like the stock market.
In betting odds, "Buying Low" means Backing at High Odds, and "Selling High" means Laying at Low Odds.
Step 1: Entry Trend
Scenario: India is batting first. You believe they will score well in the Powerplay.
- Action: Back India at odds of 2.00.
- Stake: 1000 BDT.
Step 2: The Market Moves
India scores 50/0 in 6 overs. They are dominating.
Because they are winning, their odds drop (get shorter).
- New Odds: India is now 1.50.
Step 3: Exit (The Hedge)
Now you Lay India at the new lower odds to lock in profit.
- Action: Lay India at 1.50.
- Stake: 1000 BDT.
The Result: A Free Bet
Let's do the math:
- Back 2.00: If India wins, you win 1000. If they lose, you lose 1000.
- Lay 1.50: Liability is 500 (1000 * 0.5). If India wins, you pay 500. If they lose, you keep the 1000 backer's stake.
Scenario A: India Wins
- Back Win: +1000
- Lay Loss: -500
- Total Profit: +500 BDT
Scenario B: India Loses
- Back Loss: -1000
- Lay Win: +1000
- Total Profit: 0 BDT
Result: You have made a position where you cannot lose, and you win 500 BDT if India wins. This is called a "Free Bet".
Advanced: Greening Up
You can adjust the math to win 333 BDT regardless of who wins (Green Book). Boro Jeet's interface often has a "Cash Out" button that does this math for you.
Conclusion
Trading removes the stress of the final result. You don't care who wins; you only care that the odds moved in your favor.
Next, learn about valid profit from small movements in our Scalping Strategy Guide.
