When looking for the betting odds on a particular Twenty20 Big Bash League (BBL) team to win the championship, 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 the Big Bash League outright.  OddsJet compares T20 BBL outright winner odds from several reputable 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 BBL outright so Australian bettors may maximize their potential returns.

Big Bash League Futures and Ante Post markets explained         

BBL Outright betting is by far the most popular BBL futures betting market.  Futures markets, also called Ante Post markets, are those that involve a wager that is contingent on a longer term result, typically over the course of an entire season, rather than a single match.  In general, the highest paying odds for Ante Post and futures betting markets will come before the season begins.  As the season progresses and certain teams rise in the standings and others fall, the odds will tighten and pay less for those teams in position to lift the trophy.

Examples of Big Bash League 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 +678 on a team like the Adelaide Strikers to win outright, this is expressing that you would need to stake $100 in order to potentially receive a profit of $678, yielding a total possible return of $778. 

With Decimal odds format, know 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 Melbourne Stars is listed at 8.85 to win outright, a $50 bet would return a total of $442.50 including your stake, so the profit would be $392.50. 

For Fractional format, the odds express the amount of potential profit that will be returned on a wager.  For example, with a wager of $100 and odds of 14/3 on Hobarth Hurricanes to win outright (said fourteen-to-three), one could see a profit of $466.67 (14 divided by 3, multiplied by $100) plus the stake amount for a total return of $566.67.