When looking for the odds on a particular national team to win the ICC Twenty20 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 Twenty20 World Cup title outright.  OddsJet compares Twenty20 World Cup outright winner odds from several of the best cricket betting sites that serve customers in South Africa, some of which offer Rand accounts.  This allows OddsJet to display the best odds for every national team to win the Twenty20 World Cup outright so South African bettors may maximize their potential returns.

Twenty20 World Cup Futures and Ante Post markets explained

ICC Twenty20 World Cup outright betting is by far the most popular International Twenty20 futures betting market.  Futures markets, also called Ante Post markets, are those that involve a wager that is contingent on a longer term result over the course of an entire tournament, rather than a single match.  In general, the highest paying odds for outright 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 in position to lift the trophy.

Examples of ICC Twenty20 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 will still have an opportunity to win.   When this is the case, the odds will be positive and express how much potential profit would be returned on a $100 wager.  For example, when you see odds of +980 on a team like the Sri Lanka to win outright, the figure is expressing that you would need to stake $100 in order to potentially receive a profit of $980, yielding a total possible return of $1,080.

With Decimal odds format, note that 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 the West Indies are listed at 18.75 to win outright, a $20 bet would potentially return a total of $375 including your stake, so the profit would be $355. 

For Fractional format, the odds express the amount of potential profit that will be returned on a wager.  For example, a wager of $100 and odds of 7/2 (said seven-to-two) on New Zealand to win outright, one could see a profit of $350 (7 divided by 2, multiplied by $100) plus the stake amount for a total return of $450.