What odds mean, how to read them, and which bets offer the best value — all explained in plain language in this guide from bit177.
This is what the live odds board looks like at bit177
* The odds shown above are for illustration only. Actual odds on bit177 update in real time.
Types of Odds You Can Bet On at bit177
Decimal odds are the simplest
Simple formula: Your stake × odds = total return (including your original stake)
| Stake Amount | Odds | Total Return | Profit |
|---|---|---|---|
| ৳ 500 | 1.50 | ৳ 750 | ৳ 250 |
| ৳ 500 | 1.95 | ৳ 975 | ৳ 475 |
| ৳ 500 | 2.50 | ৳ 1,250 | ৳ 750 |
| ৳ 500 | 3.80 | ৳ 1,900 | ৳ 1,400 |
| ৳ 500 | 8.00 | ৳ 4,000 | ৳ 3,500 |
* Higher odds mean higher risk. The calculations above are for illustrative purposes only.
In betting, odds are the numbers that tell you both how likely an event is to happen and how much you stand to win if it does. Simply put, odds are a pricing mechanism that translates the market's collective view into a single number.
Understanding match odds at bit177 isn't just about predicting a winner — it's about judging whether a bet offers real value. Many bettors simply back their favourite team, but smart bettors ask whether the odds are right: is the market accurately reflecting that team's true chances?
Bit177 has built its match odds section with Bangladesh's cricket-crazy fans in mind. Every Tigers match is covered — from international T20s to the BPL. And it's not just win/loss markets; each match comes with a full range of options including top batsman, top bowler, innings run totals, and much more.
Bit177 is especially strong on live betting. In-play markets like runs in the next over after a power play, or bets on the next wicket, make every moment of a match more exciting.
Odds never stay fixed. They can shift at any moment — from before the match kicks off right through to the final whistle. Here's why:
Bit177 lets you track odds movements — something smart bettors use to their advantage when making decisions.
Experienced bettors are always on the lookout for what's called a "value bet." Simply put — if you think Bangladesh has a 60% chance of winning, but bit177 is offering odds of 1.95 (which implies roughly a 51% probability), that's a value bet. Your assessment puts their chances higher than the market does.
This takes a little getting used to, especially at first. But spending time on bit177's analysis page — checking stats and data — gradually builds that skill.
Football has three possible outcomes — Home win (1), Draw (X), and Away win (2). That's why the football betting market is called 1X2. On bit177, all three odds are displayed together for every football match.
If you add up all three odds, you'll notice the total comes out slightly above 100% — that's the bookmaker's margin, or vigorish. bit177 keeps this margin as low as possible so bettors get the best value.
Live betting is a completely different experience from placing pre-match bets. You get to watch how the game unfolds in real time before making your call. If a team is playing well but still trailing, their odds may still be favorable — and that's an opportunity worth capitalizing on.
That said, avoid rushing decisions in live betting. Set a clear budget on bit177 and stick to it. Chasing bets on emotion increases the risk of losses over the long run.
When multiple matches are on in a day, many bettors go for an accumulator or parlay. It's very popular on bit177. Say you pick four matches with odds of 1.8, 1.9, 2.1, and 2.0 — combine them and your total odds become 1.8 × 1.9 × 2.1 × 2.0 = 14.36. That means a BDT 500 bet pays out BDT 7,180 if all four come in.
That said, one lost bet wipes out the entire accumulator. So when betting on accumulators, it's wise to only stake a small portion of your bankroll rather than putting most of it on the line.
Stay ahead with odds betting on bit177
The Match Odds section at bit177 is a complete platform built for bettors in Bangladesh. Whether it's cricket, football, or any other sport, you'll find competitive odds and a wide range of betting markets across the board.
Before you start, get a solid grasp of odds, set a budget, and trust your research. From live betting to accumulators, bit177 has options for every type of bettor.
Play responsibly. Betting is for entertainment, not a source of income. 18+ only.
Common Questions About Match Odds Answered