What is Premium Bet and Fancy Bet?

Premium Bet

A Premium Bet is a high-value or specialized bet that offers better odds or exclusive betting opportunities. It is often associated with:

• • Exclusive Markets: These bets may cover unique outcomes not usually available in standard betting markets.
  • High Stakes: They might require a higher minimum stake compared to regular bets.
  • Specialized Odds: Premium bets are often tailored to experienced bettors who are willing to take calculated risks for potentially higher returns.

Examples:

• • Predicting the exact number of runs scored by a team.

Betting on player-specific milestones (e.g., a batsman scoring a century in a specific match)

Fancy Bet

A Fancy Bet refers to an informal or novelty wager typically offered in cricket betting. It involves betting on specific situations or events during a game rather than the overall result. Fancy bets are particularly popular in live betting.

Examples:

• • Session Runs: Betting on the number of runs scored in a specific over or session (e.g., “Will the team score more than 50 runs in the first 10 overs?”).
  • Next Dismissal: Predicting the method of the next dismissal (e.g., caught, bowled, LBW).
  • Player vs. Player Bets: Betting on which of two players will score more runs or take more wickets in a match.
  • Miscellaneous Outcomes: Predicting specific occurrences, such as a certain number of sixes or boundaries in an innings.

Key Differences