When looking for the betting odds on a particular national team to win the ICC World Cup, one is actually looking for the odds on that team ‘to win outright’.  In other words, one is looking for odds that the team in question will win Cricket World Cup outright.  OddsJet compares ICC World Cup outright winner odds from several of the best cricket betting sites that serve customers in Australia and offer AUD accounts.  This allows OddsJet to display the best odds for every team to win the Cricket World Cup outright so Australian bettors may maximize their potential returns.

Cricket World Cup Futures and Ante Post markets explained         

ICC World Cup outright winner betting is by far the most popular ICC futures betting market.  Futures markets, also called Ante Post markets, are those that involve a wager that is contingent on a result that will become final over a longer period of time, such as over the course of an entire tournament or season, as opposed to a single match.  In general, the highest paying odds for Ante Post and futures betting markets will come before the tournament starts.  As the tournament progresses and certain teams are eliminated and others remain in contention, the odds will go down and pay less for those teams that remain in position to lift the trophy.

Examples of ICC World Cup outright winner odds expressed in American, Decimal and Fractional formats

For American format, the odds will almost always be above even-money, given how many teams have an opportunity to win.   When this is the case, the odds will be positive and will express how much potential profit would be returned on a $100 wager.  For example, when you see odds of +625 on a team like the India to win outright, you would need to stake $100 in order to potentially receive a profit of $625, yielding a total possible return of $725.

With Decimal odds format, the odds express the full amount that would be returned on your successful wager including the stake amount.  For this, simply multiply the Decimal odds by the stake. For example, if Pakistan is listed at 11.90 to win outright, a $20 bet would return a total of $238 including your stake, thus the profit would be $218. 

For Fractional format, the odds express the amount of potential profit that will be returned on a wager.  For example, with a wager of $50 and odds of 33/2 on Bangladesh to win outright (said thirty-three-to-two), one could see a profit of $825 (33 divided by 2, multiplied by $50) plus the stake amount for a total return of $875.