Betting at 111bet — Complete Guide from Start to Finish
Understand every step of betting — from funding your account and choosing a market, to reading odds and checking your bet history. Betting at 111bet means clear rules, familiar payment methods and a straightforward interface.
How to Log In and Add Funds to Your Account
You need a balance in your account before placing a bet. Following the steps below will complete the entire process in just a few minutes.
Go to the 111bet Login page
Go to the 111bet Login page and enter your username and password to access your account. If you are a new user, fill in the registration form and verify your mobile number.
Go to the Deposit menu
From your account dashboard, select the "Deposit" option. The minimum deposit amount is ৳500.
Choose a payment method
Send money via bKash, Nagad, Rocket or bank transfer — whichever method you prefer. Enter the amount, confirm with your OTP, and the balance is added instantly.
Start betting
Once your balance appears, you can start betting. Go to the section of your choice — Sports, Casino or Fishing.
How to Find a Market and Understand Odds
Before placing a bet on an event, knowing what a market is, how odds work and what the difference between formats is will make it easier to decide.
What is a market?
A market is the answer to a specific question — such as "Which team will win?" or "How many total goals will there be?". A single event can have many markets.
Decimal Odds
The most familiar format in Bangladesh. Stake × Odds = total return. For example, ৳1,000 × 2.25 = ৳2,250 returned. This format makes it easy to understand profit.
Three Formats
Decimal 2.25 = Fractional 5/4 = American +125. All three show the same outcome — only the way they are written differs. At 111bet you can choose your preferred format.
| Selection | Team A wins, stake ৳1,000 |
| Decimal | 2.25 |
| Fractional | 5/4 |
| American | +125 |
| Return if Win | ৳2,250 (profit ৳1,250 + stake ৳1,000) |
| Loss if Lose | ৳1,000 |
If Team B's odds are 1.80 (favourite), a ৳1,000 stake returns ৳1,800 (profit ৳800). In American format this is −125 — meaning a ৳125 bet earns ৳100 profit.
Bet Slip — Single and Multi Bets
When you choose a selection it is automatically added to the bet slip. Enter your stake there, check the potential return, then confirm.
Single Bet
A bet on one selection in one event. Simple and straightforward. Example: in a cricket match Team A's odds are 1.65 and Team B's are 2.30. Placing ৳500 on Team B returns ৳1,150 if Team B wins (profit ৳650); if Team A wins you lose ৳500.
| Team A | Odds 1.65 |
| Team B | Odds 2.30 |
| Stake | ৳500 (on Team B) |
| If Team B wins | ৳1,150 (profit ৳650) |
| If Team A wins | ৳500 lost |
Multi Bet (Multiple Selections)
A multi bet is built by adding three or more selections together. You only receive the full return if every selection wins. If any one of them loses, the entire bet is lost.
| Selection 1 | Odds 1.50 |
| Selection 2 | Odds 1.80 |
| Selection 3 | Odds 1.90 |
| Combined Odds | 1.50 × 1.80 × 1.90 = 5.13 (rounded) |
| Stake | ৳100 |
| Return if All Win | ৳513 |
| If Any One Loses | ৳100 lost |
Multi bets offer higher returns but also higher risk. Before deciding on your stake, consider your own budget limit.
The Difference Between Betting on Sports and Casino Games
At 111bet there are two main types of betting — sports and casino games. The rules and process for each are different.
Sports Betting
Go to the Sports section to bet on cricket, football and other sports. Various markets are available — match winner, run totals, handicap and more. Special offers are available during BPL and T20 seasons.
For more details, read: 111bet Cricket Betting Guide
Casino Game Betting
In games like slots, live casino, baccarat, roulette and Teen Patti, a separate bet is placed each round. Set your stake and spin or deal — results are instant. For the live casino experience, visit the live casino section.
See all games in one place: 111bet casino page
Bet History — Records of Open and Settled Bets
After placing each bet, tracking its status is straightforward. The history section is divided into two parts.
Open Bets
All bets whose results have not yet come in are shown here. Stake, odds, selection and potential return — all information is in one place. For some markets there may also be an option to cash out a bet before the event ends.
Settled Bets
A bet is settled once the result is in. Returns from winning bets are added directly to your balance. The history shows the date, market, stake and result.
Filter History
You can filter by date range or game category. This helps you understand your spending and your record of wins and losses, and supports responsible betting.
Set a Budget — Before You Start Betting
The best way to enjoy betting is to set limits in advance. At 111bet these limits can easily be set from your account settings.
Daily deposit limit: Set a maximum amount you will deposit each day. This keeps you from going beyond your budget.
Maximum amount per bet: Decide in advance how much you will place on a single bet. Keeping each bet to a small portion of your total balance — such as 5%–10% — is a sensible approach.
Take breaks: Taking a break after playing for a while is normal. At 111bet you can use the self-exclusion or cooling-off option.
Accept losses: Wins and losses are both a normal part of betting. Avoid the tendency to place larger bets to try to recover losses.
Read the responsible gaming guidelines: For more information, read the responsible gaming page.
Betting is Entertainment — Not a Strategy
Betting is a form of entertainment. You will have the best experience if you treat it as something enjoyable to pass the time rather than a way to earn money. For many people, adding a small bet to watching a match makes the game more interesting.
Keep in mind — the odds always lean slightly in the bookmaker's favour. There is no "guaranteed method" or "special strategy" that produces consistent profit. Betting is a game of probability alongside decision-making — outcomes are never certain.
Betting within your budget and not putting too much pressure on results keeps the experience enjoyable. You can find more information about betting on the FAQ page.
What You Need to Know to Get Started at 111bet
New accounts get a 150% bonus on the first deposit, up to ৳8,000 — with a wagering requirement of 10 times the bonus. Example: a ৳1,000 deposit gives a ৳1,500 bonus, balance ৳2,500, wagering ৳15,000. Deposit via bKash, Nagad, Rocket or bank transfer. Joining the VIP programme — from Bronze to Platinum — also earns weekly cashback. If you need help, 24/7 live chat and email support is available in Bengali and English.
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