bet1 Bet — How Betting Works from Start to Finish
Learn the full process before placing a bet — from depositing money into your account to understanding markets, filling out the bet slip, and checking bet results. At bet1, everything is laid out clearly.
Log in and deposit into your account
Before placing a bet, the first step is to log in to bet1 and fund your account.
To start betting at bet1, first go to the bet1 Login page and log in to your account. Once you enter your username and password, the dashboard will appear — from there you can go directly to the deposit section.
For deposits, you can use bKash, Nagad, Rocket, Upay or bank transfer. The minimum deposit is just ৳200. Choose your payment method, enter the amount and confirm with your mobile wallet OTP — the funds will be added to your balance instantly.
For withdrawals, the minimum amount is ৳800 and the money usually reaches your mobile wallet within 5 to 30 minutes. For bank transfers, Dutch-Bangla Bank, Islami Bank or any local bank can be used.
Find markets and learn to read odds
Identifying the right market and understanding odds are the most important skills in betting.
When you enter the sports section at bet1, you will see a list of various sporting events — cricket, football, tennis, badminton and more. Each match has multiple markets: match winner, total runs, handicap and so on. Visit the cricket page for more details on cricket betting.
Odds are displayed in three formats — decimal, fractional and American. bet1 generally uses the decimal format, which is the simplest. The example below shows that all three formats are just three ways of expressing the same value:
Team A to win — ৳1,000 stake: Decimal 2.25 = Fractional 5/4 = American +125
If you win, total return is ৳2,250 (৳1,250 profit + original ৳1,000 stake); if you lose, ৳1,000 is gone.
Team B to win: Decimal 1.25 = Fractional 1/4 = American -400
With a ৳1,000 stake, a win returns ৳1,250 (৳250 profit). American minus odds indicate how much you need to stake to win ৳100.
In limited-overs cricket there is no draw, so there are two markets: Team A or Team B. For example — Team A is at odds of 1.80 and Team B at 2.00. If you put ৳1,000 on Team B and Team B wins, you get back ৳2,000 (৳1,000 profit); if Team A wins, you lose ৳1,000.
Bet Slip — Single and Multi Bet
Enter your stake in the bet slip, check the return and confirm your bet.
When you select a pick, it is automatically added to the bet slip. A single bet has one selection — once you enter a stake, the potential return is shown. Adding multiple selections creates a multi bet (accumulator).
In a multi bet, the odds of all selections are multiplied, so the return is larger — but if even one loses, the entire bet is lost. See the example below:
Odds of the three selections: 1.40, 1.60 and 1.70
Combined odds: 1.40 × 1.60 × 1.70 = 3.81 (approx.)
With a ৳100 stake, if all win the return is ৳381; if one loses, you lose the full ৳100.
Before confirming your bet, check all the details — selection, stake and potential return. Once you press the "Place Bet" button, the bet is final and cannot be changed.
* The slip above is a sample only — it is not part of a real bet.
Sports and Casino Game Bets
bet1 offers sports betting and live casino — two separate experiences.
Sports Betting
You can place bets on cricket, football, tennis and various international and local tournaments. BPL, IPL, T20 World Cup and Bangladesh Tigers matches are available directly on bet1. Bets can be placed on both pre-match and in-play markets — during a match, odds change every moment.
Find out more about cricket markets and betting strategies.
Casino Game Bets
bet1 also offers bets on slots, live casino and table games. In the live casino, you can play baccarat, roulette or Teen Patti with a real dealer from Evolution, Pragmatic Play Live or Ezugi in real time. Go to the bet1 casino page to see all games and offers.
How Betting Exchange Works
In regular betting, you bet against the site. On an exchange, you can bet against other players — you can take either a BACK (for) or LAY (against) position.
BACK Team A, ৳500 stake: if Team A wins, ৳400 profit (before commission); if Team A does not win, you lose ৳500.
LAY Team A, ৳500 backer's stake: if Team A does not win, ৳500 profit; if Team A wins, you pay ৳400 (liability = ৳500 × 0.80).
Open and settled bets in bet history
Track every bet — results, stakes and returns all in one place.
While logged in to bet1, you can go to the "Bet History" or "My Bets" section from the account menu. There are two categories here:
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Open Bets
Bets on matches or events that are still in progress appear here. You can confirm the selection, odds and stake.
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Settled Bets
Results are updated after a match or event ends. Returns from winning bets are automatically added to your balance.
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Date Filter
Use the date filter to find older bets from a specific date or period.
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Transaction History
Records of deposits, withdrawals and bonus credits can be found separately in the "Transaction History" section.
Checking your bet history regularly makes it easier to keep track of your spending and stay within your budget.
Set a budget and limits before betting
Betting is entertainment — it is best not to start without a plan.
Weekly Budget
Decide in advance how much money you will spend on betting each week. Avoid going beyond your budget.
Deposit Limit
You can set a daily or weekly deposit limit from your account settings — this is the most effective way to keep yourself in check.
Time Limit
Do not play for long stretches at a time. Set a session limit and take a break after a set period.
Self-Exclusion
If needed, you can contact bet1 support to request that your account be temporarily or permanently closed.
Advantages of getting started at bet1
New accounts get a 200% bonus on the first deposit, up to ৳8,000 — it can be withdrawn once you complete wagering of 10 times the bonus amount. Example: ৳1,000 deposit gives a ৳2,000 bonus, balance of ৳3,000, wagering requirement ৳20,000.
Deposits can be made via bKash, Nagad, Rocket, Upay or bank transfer — from a minimum of ৳200. 24/7 live chat and email support is available in both Bangla and English.
Ready to start betting?
Open an account, make a deposit and place your bet on your preferred market at bet1.
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