The first-ever One-Day International (ODI) was played between Australia and England on 5 January 1971 after the first three days of the New Year's Test match at the Sydney Cricket Ground were washed out.
With the weather clearing on the fourth day, the teams decided to stage a 40-ovesr a side match that became the first-ever limited overs international.
Since the introduction of Twenty20 cricket in 2002, the International Cricket Council (ICC) has continuously tried to adapt and change one-day cricket in order to compete with the popular T20 format.
With the format now 50 years old, is it thriving or a dying part of the modern game?
Sport24 felt it would be a good idea to take a look at both sides of the coin.
Lynn Butler makes a case that ODIs are a necessary part of cricket worldwide, while Craig Taylor doesn't see the need for the format to continue as a part of international tours.
What do YOU think? Let us know your thoughts on one-day cricket by mailing us at email@example.com or by tweeting us at @sport24news.
The case for ODIs - Lynn
One-day cricket tests a player's ability to adapt to the situation and offers them an opportunity to redeem themselves whether it means coming back for another bowling spell or finally landing that century after a string of 50s.