Bet at 111bet — Complete Guide from Markets to Payout
Whether you're placing your first bet or betting regularly — how 111bet's betting platform works, how to read odds, and how to build a bet slip, all explained here in plain language.
Log in and set up your account
Before placing a bet, the first step is to go to the 111bet login page and sign in. After logging in with your username and password, you will land directly on your dashboard, where your balance, active bets, and account settings are all visible at a glance.
To place a bet, you need funds in your account. To deposit, select "Deposit" from the menu. At 111bet you can add money via bKash, Nagad, Rocket, Upay, and bank transfer. The minimum deposit is just ৳100, so you can get started with a small amount.
Select a payment method, enter the amount, then follow the instructions. After a successful deposit, your balance updates instantly and you are ready to place bets.
Find markets and understand odds
After logging in, go to the Sports section. The left-side menu lists available sports — cricket, football, tennis, badminton, and more. Selecting a sport shows a list of ongoing and upcoming matches. Cricket is the most popular sport among Bangladeshi fans — you can bet across various markets in tournaments like BPL, IPL, and the T20 World Cup. Find more details about cricket betting at 111bet on the cricket page.
111bet supports three odds formats — Decimal, Fractional, and American. Most Bangladeshi users prefer Decimal format, where the odds represent the total payout directly.
Team A to win, stake ৳500:
- Decimal: 3.00 = Fractional: 2/1 = American: +200
- If you win, return: ৳1,500 (৳1,000 profit + ৳500 stake)
- If you lose, ৳500 is gone
Team B to win — Decimal 1.80 = Fractional 4/5 = American -125
৳500 stake returns ৳900 (৳400 profit) — American minus odds show how much you need to bet to win 100.
In a cricket decimal example where Team A's odds are 2.10 and Team B's are 1.75, placing ৳500 on Team B returns ৳875 (৳375 profit) if Team B wins; if Team A wins, ৳500 is lost. There are no draws in limited-overs cricket, so one of two outcomes will apply.
Single and multi bets on the bet slip
Add a selection
Click on the odds of the outcome you want to bet on. The bet slip will open on the right side of the screen (or at the bottom on mobile). You can add one or more selections.
Enter your stake
In the bet slip, enter the amount in the stake box next to each selection. The potential payout is shown immediately, so you know the outcome before placing the bet.
Single bet
A bet on a single selection is a single bet. It is the simplest type — if that outcome is correct you receive a payout according to the odds; if not, your stake is lost.
Multi bet (multiple selections)
Adding multiple selections brings up a "Multi" or "Accumulator" option on the bet slip. The odds of all selections are multiplied to give the total odds — the potential return is higher, but if even one selection is wrong the entire bet is lost.
Decimal odds 1.40 × 1.50 × 1.60 = 3.36 (approx). ৳100 stake returns ৳336 — but only if all three selections win. If even one loses, the full ৳100 is gone.
Once everything looks correct on the bet slip, press the "Place Bet" button. A confirmation message will confirm the bet has been placed successfully. If you want to place bets on mobile, you can manage your bet slip more easily using the 111bet App.
Sports and Casino — two types of betting
111bet has two separate betting sections — Sports Betting and Casino. The core idea is the same in both: place money on an outcome, and if the outcome is correct, the winnings according to the set odds or payout are added to your account.
In sports betting, you can place bets before a match or while it is in progress (live betting). In live betting, odds change every moment, so you need to follow the situation closely. For cricket fans in Bangladesh, markets are available from Bangladesh Tigers matches to top-level T20 events.
In casino betting, you can wager on slots, live casino, baccarat, roulette, Teen Patti, and more. Each game has its own betting rules and a different RTP or payout rate. Full details on games and bonuses are available at 111bet Casino on the casino page.
History of active and settled bets
After placing a bet, go to "My Bets" or "Bet History" to see the status of each bet. For active bets, the current score or match situation and potential winnings update live. When a match ends, the bet is settled automatically and winning amounts are added to your account.
| Bet Type | Selection | Stake | Return | Status |
|---|---|---|---|---|
| Single | Team B Win | ৳500 | ৳900 | Win |
| Multi (3 Selections) | 3 Matches | ৳100 | ৳336 | Open |
| Single | Team A Win | ৳500 | — | Lost |
The example table above is for illustration only — actual results and amounts will differ. To withdraw, select Withdraw from the wallet menu; the minimum withdrawal amount is ৳800 and funds generally arrive within 15 minutes to 2 hours.
Set your budget and limits before betting
Betting is a form of entertainment. The outcome of every bet is not certain in advance, so it is wise to set some limits for yourself before making decisions. Think about how much you will spend per week or month — and it is best not to go beyond that amount.
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Deposit limit
Set a daily, weekly, or monthly deposit limit in your account settings. This prevents excess funds from being deposited. -
Time tracking
Decide in advance how long you will spend betting. After a loss, rushing to increase your bets often makes the situation worse. -
Loss limit
Make a habit of stopping for the day once you have lost a set amount. Placing larger bets to recover losses is often the cause of further losses. -
Take a break
Taking a break from time to time is important. 111bet offers a temporary break option on your account. To learn more about responsible gambling, read the responsible gaming guidelines. -
Contact support
If you have a problem, speak to 111bet's 24/7 live chat or email support in Bengali. You can get in touch at any time for help setting limits or managing your account.
Checklist before you start betting
- Weekly budget has been decided in advance
- Deposit limit has been set on the account
- Markets and odds have been read carefully
- The correct amount has been entered in the stake box
- Payout has been checked once before placing the bet
Join 111bet and place your first bet
New members get a 120% bonus on their first deposit, up to ৳8,000. For example, depositing ৳1,000 gives a bonus of ৳1,200, making the total balance ৳2,200 — 10x wagering applies on the bonus. Start with a minimum of ৳100 via bKash, Nagad, Rocket, Upay, or bank transfer. Once you reach the VIP programme, you will also receive weekly cashback.