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Graphs built on real data from the okwip platform
Market share by sport
Cricket betting volume on okwip triples during BPL and IPL seasons. Cricket is the undisputed engine of the betting market in Bangladesh.
82% of all bets on okwip are placed from mobile devices — a direct reflection of Bangladesh's smartphone-first digital habits.
BKash holds a 54% share of payment methods. Nagad is growing rapidly and has now reached a 28% share.
How competitive were okwip's odds in recent high-profile matches
| Match / Event | Market | Okwip Odds | Market average | Benefits | Volume |
|---|---|---|---|---|---|
| Bangladesh vs India T20 | Bangladesh Win | 3.45 | 3.12 | +10.6% | ৳4.2 Crore |
| IPL Final 2026 | MI Win | 2.18 | 2.03 | +7.4% | ৳7.8 Crore |
| PSL Quarter Final | Lahore Win | 1.95 | 1.85 | +5.4% | ৳1.6 Crore |
| England vs Australia ODI | Australia Win | 1.78 | 1.71 | +4.1% | ৳2.3 Crore |
| EPL Manchester Derby | Man City Win | 2.25 | 2.15 | +4.6% | ৳1.1 Crore |
| BPL Final 2026 | Dhaka Win | 2.60 | 2.42 | +7.4% | ৳6.5 Crore |
Odds are a snapshot taken at match start time. Figures are displayed based on historical data.
Key findings from the okwip data team's research
During BPL, cricket betting volume on okwip runs three times higher than normal. Last-over betting in particular generates the heaviest traffic.
Okwip users are most active in the evening, particularly between 8 PM and 11 PM. Friday and Saturday see the highest traffic of the week.
Nagad transactions in 2026 have grown by 42%. The platform is gaining particular traction among younger bettors, especially in districts outside Dhaka.
Dhaka leads, but new user numbers from Chittagong, Sylhet, and Rajshahi have grown 58% year-on-year — driven largely by the expansion of mobile internet access.
Users who claim the welcome bonus place an average of 3.4x more bets in their first month. The bonus wagering completion rate on okwip stands at 78%.
Okwip's 30-day retention rate stands at 72%, well above the Bangladesh betting market average of 48%. Fast payouts and reliable support are the key drivers.
Bangladesh's online betting market is maturing rapidly. The market is now roughly four times larger than it was in 2020, driven by affordable mobile data, the widespread adoption of mobile banking, and the digital habits of a younger generation. okwip An active partner throughout your entire journey.
Our analytics team reviews data from millions of betting transactions every month. The patterns that emerge aren't just valuable from a business perspective — they also help bettors refine their own strategies.
Cricket betting in Bangladesh is more than an industry — it's a passion. When the national team plays, traffic on okwip can spike up to 5x compared to a regular day. In-play betting in the final five overs is by far the most thrilling and popular market.
T20 is the ideal format for betting — matches are short, results come quickly, and the situation can shift on every ball. That's why T20 betting volume is 2.8x higher than ODI. IPL and BPL combined account for roughly 45% of okwip's annual betting volume.
Five years ago, payments were one of the biggest hurdles in online betting — bank transfers, long wait times, high fees. The rise of bKash and Nagad changed all of that. According to okwip's data, the average deposit now takes just 9 seconds and withdrawals are completed in 11 minutes.
BKash remains the top payment method among users at 54%, but Nagad's growth is striking — its share has risen from 18% in 2023 to 28% today. Rocket and bank transfers together make up the remaining 18%.
Dhaka will always top the list, but the rise of divisional cities over the past two years has been remarkable. User numbers in Chittagong are up 62%. In Sylhet, mobile betting from tea-garden areas is growing rapidly. Significant growth is also coming out of Khulna, Rajshahi, and Barishal.
The primary driver of this sectoral growth is the expansion of mobile internet. 4G networks now reach district level across the country, and okwip's mobile app performs reliably even on weaker connections.
Analyzing first-time bettors, okwip found that most start with cricket or football in their first week, placing small bets. By the second month, they typically explore Live Betting or Live Casino. From the third month onward, they tend to develop their own regular betting routine.
Every step of the way, okwip makes sure you have the right information and the right tools. From guides in your first week to bonuses and a VIP program as you progress — the entire experience is designed to be smooth and enjoyable.
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