111bet 2 Bet — Learn Betting from Start to Finish, Step by Step
Betting is not complicated — the key is understanding each step clearly. This page covers everything on 111bet 2 Bet step by step: creating an account, choosing markets, reading odds, placing bets, and setting a budget.
Log in and add funds to your account
Before you start betting, the first step is to log into your account. Go to the 111bet 2 Login page and enter your username and password. If you have forgotten your password, you can reset it using the "Forgot password?" link. Once logged in, the dashboard opens and you can do everything from there.
You cannot place a bet without a balance in your account. To deposit on 111bet 2, go to the wallet option. Current deposit methods are bKash, Nagad, Rocket, and Upay. The minimum deposit is ৳500. For details on payment methods, see the Wallet page.
Once a deposit is confirmed, the balance appears instantly. Withdrawals work the same way — the minimum withdrawal limit is ৳1,000, and funds typically arrive within 30 minutes to 3 hours.
Browse markets and understand odds
After logging in, go to the sports section to see a list of ongoing and upcoming events. Markets for cricket, football, and other sports are arranged there. Clicking on a match opens all the betting markets for that match — such as match winner, run totals, or over/under.
Odds can be shown in three formats — Decimal, Fractional, and American. A simple example: Team A to win — on a ৳1,000 bet, decimal 2.50, fractional 3/2, or American +150 all mean the same thing. If you win, the return is ৳2,500 (৳1,500 profit + ৳1,000 stake); if you lose, ৳1,000 is gone.
When Team B is the favourite, the odds are lower: decimal 1.50 = fractional 1/2 = American -200. On a ৳1,000 bet, if you win the return is ৳1,500 (৳500 profit). Negative American odds show how much you need to bet to win ৳100. The larger the number, the more likely the outcome is considered — but the return is also lower.
| Odds Format | Team A (example) | Team B (example) | Return on ৳1,000 bet (Team A) |
|---|---|---|---|
| Decimal | 2.50 | 1.50 | ৳2,500 |
| Fractional | 3/2 | 1/2 | ৳2,500 |
| American | +150 | -200 | ৳2,500 |
These numbers are examples only — actual odds change depending on the match.
Bet Slip — Single and Multi Bets
Clicking on a market adds that selection to the bet slip. The slip has a field where you enter the stake amount. Once you enter the amount, the potential return is calculated automatically — confirming places the bet.
A single bet means betting on one event only. A simple cricket example: in a limited-overs match, Team A has odds of 2.10 and Team B 1.75. Placing ৳1,000 on Team B — if Team B wins, the return is ৳1,750 (৳750 profit); if Team A wins, ৳1,000 is lost.
A multi bet (or accumulator) — combining multiple selections on one slip multiplies the odds. Example: three selections with odds of 1.50, 1.70, and 1.80 respectively. Combined odds = 1.50 × 1.70 × 1.80 = 4.59 (approximately). On a ৳100 stake, if all three win the return is ৳459 — but if even one loses, the full ৳100 is gone. Multi bets offer a higher return, but all selections must win together.
The numbers are for illustration only; actual odds in play will differ.
Sports and Casino Betting — What is the Difference
Sports Betting
In sports betting you can place bets before or during a match. The cricket section has markets for BPL, IPL, and T20 World Cup along with international matches. If you have a particular interest in Bangladesh Tigers matches, those markets are easy to find as well.
For more details on cricket betting, see the 111bet 2 Cricket page — it has separate coverage of market types and tips.
Casino Betting
Casino betting works differently — here you are not betting against a specific event; instead you play by the game's own rules. In slots, baccarat, roulette, and live casino games, you set your stake for each round and play.
For the full list of casino games and a guide to choosing a game, go to the 111bet 2 Casino page.
Betting Exchange — Understanding Back and Lay
A betting exchange is a somewhat different concept. Here you can bet not only against the bookmaker but also against other players. There are two options:
BACK: Bet that Team A will win. ৳500 stake — if Team A wins, ৳500 profit (before commission); if not, ৳500 is lost. Assuming odds of 2.00.
LAY: Bet that Team A will not win. On a backer's stake of ৳500, your liability is ৳500 (৳500 × 1.00); if Team A does not win, you receive ৳500 (before commission); if Team A wins, you pay ৳500.
On an exchange, the amount won or lost may not always be equal — the liability is shown on the slip itself. This is suited to experienced players.
Bet History — View Open and Settled Bets
After each bet is placed, it is recorded in the "Bet History" section of your account. There are two tabs — Open Bets and Settled Bets.
The Open Bets tab shows details of matches that have not yet finished — market, odds, stake, and potential return. Once a match ends, that bet moves automatically to the Settled Bets tab and shows the win or loss result.
The settled bet history makes it easy to understand your own betting patterns — which markets you have bet on and how often, where you won, and where you lost. This information helps with budget planning.
If you have any issues, 24/7 live chat or email support is available in Bengali.
Set a Budget — Setting Limits is the Smart Move
Betting is a form of entertainment — but entertainment is only healthy when you know your limits. Before you start playing, decide how much you can afford to spend and stick to it. Everyone should read the responsible gaming guidelines.
Daily Budget
Decide in advance the maximum amount you will bet each day. Even if you lose, do not go beyond that limit.
Time Limits
Playing for long stretches at a time is not a good idea. Take breaks, keep a clear head — it is better not to place large bets on impulse.
Bonus and Wagering
Welcome bonus up to 100% up to ৳8,000, with wagering 25 times the bonus amount. Read the terms carefully before claiming a bonus.
Set Your Own Limits
If deposit limits or self-exclusion options are available in your account settings, use them. Set your own boundaries yourself.
Start Betting on 111bet 2 — with a Bonus
New members get a 100% bonus on their first deposit, up to ৳8,000. To receive the bonus, a 25x wagering requirement must be met. Example: ৳1,000 deposit gets ৳1,000 bonus — balance ৳2,000, wagering ৳1,000 × 25 = ৳25,000. Deposit methods: bKash, Nagad, Rocket, Upay. Minimum ৳500.
Go to 111bet 2 Login Page