T20 World Cup Odds & Betting Markets

The T20 World Cup is a Twenty20 International cricket tournament that the International Cricket Council organises. It’s a biennial tournament, and the 2024 event will be the ninth edition of the competition. The 2024 T20 World Cup runs from June 1 until June 29, and it’s being hosted by two nations – the West Indies and the USA. The West Indies are two-time T20 World Cup champions, whereas 2024 is the first year the United States have competed in the event. 

The 2024 T20 World Cup will see a record number of teams involved, with a total of twenty nations competing. The twenty nations are initially divided into four groups of five teams, and the teams that finish first and second in the group will advance to the next stage, known as Super 8. Groups are then drawn up, two groups of four, with the top two teams in each making the semi-finals. The winners of the semi-finals will then compete in the final to lift the T20 World Cup. England are the reigning champions and the joint most successful nation, as they have triumphed twice like the West Indies, first in 2010 and then again in 2022. 

Here are some of the most popular betting markets that cover the T20 World Cup. 

T20 World Cup Winner Outright Betting 

The T20 World Cup is one of the most prestigious cricket tournaments on the sport’s calendar, and many people will have an opinion on which nation is going to win the tournament, which is why T20 World Cup winner outright betting is so popular. Placing wagers in this market specifically means betting on the team that will lift the T20 World Cup trophy. England begin as the 2024 edition as the reigning champions, but it’s India who start as favourites with sports betting operators. 

T20 World Cup Top Four Finish Outright Betting 

As there are twenty nations competing in the T20 World Cup, selecting the team that will run out as eventual winners can be a difficult proposition for some, especially as there are some strong outfits involved in the tournament. So, the top four finish outright betting market has become popular. A team only has to reach the semi-finals in this instance, they don’t have to progress beyond that point. The odds are shorter as a result. At the last T20 World Cup, the semi-finals were made up of New Zealand, Pakistan, India and England. 

T20 World Cup Match Betting & In-Play 

With twenty nations now competing at the T20 World Cup and the various stages along the way, it means there will be fifty-five matches in total played in the West Indies and USA for the 2024 edition of the tournament. Therefore, betting on the individual matches throughout the competition, be it in the original group stages, Super 8 round, semi-finals or the grand final. Odds will be adjusted along the way, depending on results and permutations, and other factors such as injuries and form. In-play betting is also available throughout. 

Who the favourites are to win the T20 World Cup will change throughout the 2024 edition of the tournament. However, before the action begins and according to sports betting operators, India, Australia, and England lead the way. And it’s fair to say that you could make a case for all three being the nation to get their hands on the iconic trophy on June 29 at the Kensington Oval, Barbados. 

England come into the T20 World Cup not only as reigning champions but one of only two teams since the inaugural tournament to be winners on two occasions. They convincingly defeated Pakistan by five wickets in the 2022 final and undoubtedly have what it takes to secure what would be a record third trophy. 

Both India and Australia, who are tipped to be major threats in the tournament, are previous winners of the competition too, with the former winning the inaugural T20 World Cup in 2007 and the latter victorious in 2021. Both nations have the credentials and the talent in their squads. 

It’s also worth mentioning the West Indies, who are seen as outsiders. They, like England, have won two T20 World Cups, the first in 2012 and the second in 2016. They may not have been winners for coming up close to a decade, but they’re one of the host nations in 2024. 

Cricket odds for all tournaments, both international and domestic, are available as part of the BetVictor service. There are betting markets for the T20 World Cup, as well as other competitions such as The Ashes and the County Championship. You can also place wagers in play. Cricket betting is available to access on various devices, including smartphones, tablets, and desktops.