The "Limited Overs Format" in cricket refers to matches where each team faces a set number of overs, typically 20 or 50. This format is designed to create a faster-paced game, making it more exciting for players and spectators alike. The team that scores the most runs within the allotted overs wins the match. In One Day Internationals (ODIs), each team plays 50 overs, while in Twenty20 (T20) matches, each team plays 20 overs. This structure encourages aggressive batting and strategic bowling, leading to dynamic gameplay and often high-scoring matches.