Sports Betting Guide

coldbet Bet — A Complete Guide from Start to Finish

How to fund your account, read markets, understand odds and use the bet slip — all explained simply.

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Logging In and Funding Your Account

To start betting on coldbet Bet, you first need to sign in to your account. Go to the coldbet login page and sign in with your username and password — the process is the same on both mobile and desktop.

Once logged in, go to the Wallet section and make a deposit. The minimum deposit is ৳200. You can use bKash, Nagad, Rocket and bank transfer as payment methods. For bank transfers, you can send from any major Bangladeshi bank including Dutch-Bangla Bank, BRAC Bank or Islami Bank.

Once a deposit is complete, your balance updates immediately and you can join any betting market. Withdrawals are usually processed within 15 minutes to 2 hours, with a minimum withdrawal of ৳1,000.

coldbet account deposit and login process

Finding Markets and Reading Odds

In the Sports section you will see a list of different sports. Cricket, football and many other sports offer a large number of markets — match winner, total runs, handicap and many other bet types. For more details on coldbet cricket betting, visit the cricket betting page, which covers all major tournaments including BPL, IPL and T20 World Cup.

Odds can be shown in three formats — decimal, fractional and American. The table below shows the same bet in all three formats:

Format Odds for Team A to Win Odds for Team B to Win Return on ৳1,000 Stake (Team A)
Decimal 2.50 1.80 ৳2,500
Fractional 3/2 4/5 ৳1,500 profit + ৳1,000 stake
American +150 -125 +150 means ৳100 profit on a ৳100 stake

Example: decimal odds of 2.50 for Team A to win means a ৳1,000 bet returns ৳2,500 (৳1,500 profit + original ৳1,000); if Team B wins you lose ৳1,000. Team B at odds of 1.80 means a ৳1,000 stake returns ৳1,800 (৳800 profit). These numbers are for illustration only — they are not live odds or a guarantee of winning.

coldbet sports market and odds view screen

Which format should you choose?

Most bettors in Bangladesh use the decimal format because the calculation is straightforward — multiply the odds by your stake to get the total return. You can set your preferred format in coldbet settings.

Bet Slip — Single and Multi Bets

Clicking on any odds adds them to the bet slip. Enter your stake amount in the slip and the potential return is shown automatically. Keeping just one selection makes it a single bet — the simplest type of bet.

Adding multiple selections creates a multi bet or accumulator. In a multi bet all the odds are multiplied together, so the return is higher — but if any one selection is wrong, the entire bet is lost.

Single Bet — Example
Single
Multi
Selection Team A Win
Odds (Decimal) 2.50
Stake ৳1,000
Potential Return ৳2,500
৳1,500 profit if Team A wins; you lose ৳1,000 if they lose.
Multi Bet — Example (3 Selections)
Single
Multi
Selection 1 Odds 1.50
Selection 2 Odds 1.80
Selection 3 Odds 1.90
Total Odds (1.50 × 1.80 × 1.90) ≈ 5.13
Stake ৳100
Potential Return ৳513
All three selections must win — if any one loses, the entire ৳100 is lost.
coldbet bet slip and multi bet screen

Cricket Market Example

In a limited-overs match, Team A is at odds of 1.45 and Team B at 2.75. A ৳1,000 bet on Team B returns ৳2,750 if Team B wins (৳1,750 profit); if Team A wins you lose ৳1,000. There are no draws in cricket, so one of the two outcomes will always apply.

These numbers are given as examples only. Betting is for entertainment — there is no guarantee of winning.

Betting on Sports and Casino Games

Sports Betting

You can place pre-match and live in-play bets on cricket, football and many other sports. In live betting the odds change as the match progresses, so it is important to follow the market closely. For more details, visit the cricket betting page.

Casino Games

Alongside sports betting, coldbet also offers slots, live casino, baccarat and roulette. For a full overview of casino games, go to the coldbet Casino page.

Exchange Betting

In exchange markets you can BACK or LAY. To BACK Team A at decimal odds of 2.00, place a ৳1,000 stake — if Team A wins you make ৳1,000 profit before commission; if they do not win you lose ৳1,000. When you LAY, you take the role of the bookmaker: if Team A does not win you receive ৳1,000, and if they win you pay ৳1,000.

Mines and Crash Games

Beyond sports, coldbet also has Mines and Crash-style games where you decide your own cashout timing. Visit the Mines game page for full details.

Viewing Open and Settled Bet History

coldbet bet history and account statement screen

After placing a bet, go to the "My Bets" or "Bet History" section of your account where you will find two tabs: Open Bets — bets whose results are not yet decided, and Settled Bets — bets that have already been resolved.

The settled bets list shows the date, stake, odds, result and profit or loss for each bet. This information is useful for reviewing your own betting habits.

For live bets, settlement happens as soon as the match ends and any winnings are credited directly to your wallet. Pre-match bets are also settled automatically once the event is over.

If you have any question about a bet result, contact us directly via live chat — coldbet provides support in Bengali and English 24/7.

  • View open bets and cash out if needed (on available markets)
  • Confirm the amount won and date on settled bets
  • Check your monthly betting summary to keep track of your spending

Setting a Budget and Limits Before Betting

Betting is a form of entertainment — no strategy guarantees a win. It is therefore wise to set a budget before you start. Do not bet more than you can afford to lose.

coldbet account settings allow you to set deposit limits, betting limits and session time limits. These tools help you keep your spending under control. For more details on responsible betting, read the responsible gaming page.

  • Deposit Limit
    Set a daily, weekly or monthly maximum deposit — this prevents you from adding more funds than you intend.
  • Betting Limit
    Decide the maximum stake for each bet in advance. Instead of placing one large bet, split it into smaller ones.
  • Session Time
    Set a time limit for how long you bet. Avoid placing large bets when you are tired or acting on emotion.
  • Temporary Break
    You can temporarily close your account if needed. This is the most effective way to give yourself a break.
  • Do Not Chase Losses
    Rushing to place larger bets to recover losses ("chasing losses") is the most damaging habit — always avoid it.

Keep in Mind

Betting is for entertainment only. Do not be discouraged by losses, and do not let a win push you beyond your limits.

Review your bet history regularly and stay within your monthly budget.

For ages 21 and above. Opening an account for minors is strictly prohibited.

Get Started on coldbet — Bonuses and Benefits

New accounts receive a 120% bonus on their first deposit, up to ৳20,000 (wagering requirement: 20 times the bonus). Example: a ৳1,000 deposit adds a ৳1,200 bonus, giving a total balance of ৳2,200; to withdraw you must wager ৳1,200 × 20 = ৳24,000. Deposits and withdrawals are available via bKash, Nagad, Rocket and bank transfer. VIP members receive weekly cashback — up to 0.3% at Bronze, 0.7% at Silver and 1.0% at Gold. For full benefit details, visit the coldbet VIP page.

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