111 bit Bet — The Complete Sports and Casino Betting Process, From Start to Finish
Whether you are betting for the first time or play regularly — this page walks you through step by step how to fund your account, select markets, understand odds, and fill in the bet slip at 111 bit Bet.
Log in and deposit money into your account
Before placing a bet, the first step is to log in to your account from the 111 bit Login page. Enter your username and password to sign in and your dashboard will open. If you are a new user, complete registration first and then log in.
After logging in, go to the "Deposit" option to choose your deposit method. At 111 bit you can deposit money via bKash, Nagad, Rocket, Upay, and bank transfer. The minimum deposit amount is just ৳100. Complete the transaction following the instructions for your chosen method and your balance will update within a few minutes.
To withdraw funds after depositing, you can apply using the same methods — bKash, Nagad, Rocket, Upay, and bank transfer. The minimum withdrawal amount is ৳800 and the process is usually completed within 1 hour.
For full details on transaction terms, it is a good idea to read the Terms and Conditions page so there is no confusion later.
How to find markets and read odds
Once your balance is ready, go to the betting section and select a sport or event. The sports section has markets for cricket, football, and other sports. Next to each match you can see the team names and odds numbers.
111 bit displays odds in three formats: Decimal, Fractional, and American. Most Bangladeshi players prefer the Decimal format because the calculation is straightforward — to get the total return, simply multiply stake × odds. The table below shows the same odds in all three formats:
| Odds Format | Price for Team A to Win | Return on ৳200 Bet |
|---|---|---|
| Decimal | 3.00 | ৳600 (৳400 profit + ৳200 stake) |
| Fractional | 2/1 | ৳600 (৳400 profit) |
| American | +200 | ৳600 (৳400 profit) |
The odds on the favourite are generally lower. For example, if Team B's winning price is 1.50 in Decimal, that is 1/2 in Fractional and -200 in American. In this case, a ৳200 bet on Team B returning a win gives ৳300 (৳100 profit). American minus odds indicate how much stake is needed to win ৳100.
Click the odds number next to a team name and that selection is added to the bet slip. Then enter your stake amount and the potential return will be calculated automatically.
Bet Slip — Single and Multi Bets and Potential Returns
The bet slip is your betting basket — selections are added here, stakes are entered, and bets are confirmed.
Single Bet
A bet placed on a single selection is called a single bet. Enter the amount in the stake field on the slip and the potential return will be shown. For example, in a limited-overs cricket match, Team A's odds are 1.65 and Team B's odds are 2.30. If you place a ৳1,000 bet on Team B and Team B wins, the return is ৳2,300 (৳1,300 profit); if Team A wins, the full ৳1,000 is lost.
Multi Bet
Placing multiple selections on a single bet slip creates a multi bet. The odds of all selections are multiplied together, so the potential return is higher — but if even one selection loses, the entire bet is lost.
Example: three selections with odds of 1.40, 1.50, and 1.90 respectively. Combined odds: 1.40 × 1.50 × 1.90 = 3.99 (approximately). On a ৳100 multi bet, if all selections win, the return is ৳399. If even one loses, the full ৳100 is lost.
Before confirming the bet slip, carefully review the stake, selections, and potential return. Once you click the "Confirm Bet" button, the bet is final.
General rules for betting on sports and casino games
In sports betting there are various types of markets — match winner, handicap, over/under goals or runs. The outcome of a handicap or over/under bet is determined when the condition is met; this section explains the concept only and does not provide separate stake or return calculations.
Cricket is one of the most popular sections on 111 bit. You can bet on various markets across BPL, IPL, T20 World Cup, and Bangladesh Tigers matches. Visit the 111 bit Cricket page for more details on cricket betting — it has a full discussion of market types and strategies.
The casino section offers many types of games — slots, live casino, fishing games, and table games. Each game has its own rules and RTP. The 111 bit Casino page has a full list of games and category-by-category guides.
In both sports and casino sections, place bets for entertainment. Set your own budget and time limit before each bet.
Sports Markets
You can place bets on various types of markets — match winner, over/under, and handicap.
Cricket FootballLive Casino
You can join live table games with dealers from Evolution, Pragmatic Play Live, and Ezugi.
Baccarat RouletteFishing and Slots
Games from JILI, PG Soft, and Spribe — slots, fishing games, and crash games are available in this section.
Slots FishingOpen and settled bets — how to view your bet history
After placing a bet, go to the "Bet History" or "My Bets" section to check its status. You will find two tabs there:
- Open Bets: A list of bets where the result has not yet been announced. The stake, selection, and potential return are shown here.
- Settled Bets: A record of bets where the win or loss has been decided. Returns from winning bets are automatically added to your balance.
Checking your bet history regularly makes it easy to keep track of your spending. The date, stake, and result of each bet are stored here.
If you have any questions about a bet result, support is available 24/7 via live chat in Bengali or English.
Setting your budget and limits before you start betting
Betting is a form of entertainment — it is not a way to earn income. So it is important to set your own rules from the start. Following the steps below lets you enjoy betting while reducing the risk of overspending:
-
Set a weekly or monthly budget
Only deposit an amount that, if lost, will not affect your household finances. Once your balance is gone, stop for that week or month.
-
Keep the stake on each bet small
It is better not to put more than 10% of your total budget on a single bet. This way, even if you lose several bets in a row, you still have a chance to enjoy the experience.
-
Do not increase your bets after a loss
Placing a large bet suddenly to recover a loss generally makes the situation worse. If you take a loss, take a break.
-
Set a time limit
Decide in advance how long you will play. Playing for a long stretch reduces focus and weakens your ability to make decisions.
-
Read the responsible gaming guidelines
The responsible gaming page has detailed information on setting your own limits and getting support.
Key points to remember
- Betting is for entertainment, not for income
- Before each bet, think about your stake and the possibility of losing
- Do not bet with borrowed or loaned money
- When your balance runs out, take a break — do not force yourself to continue
- Betting is strictly prohibited for those under 21
Start playing at 111 bit
New members receive a 100% bonus on their first deposit, up to ৳5,000 (wagering requirement is 20 times the bonus amount). The bonus activates with a minimum deposit of ৳100. Transactions can be made securely via bKash, Nagad, Rocket, Upay, and bank transfer. Withdrawals are usually processed within 1 hour of a win. For any issue, 24/7 live chat provides support in Bengali.
Log in to 111 bit nowPlace your first bet at 111 bit Bet today
Log in, add your balance, select a market — the rest is straightforward.
111 bit Login