IPL, or Indian Premier League, is now considered one of the most high-profile cricket tournaments across the world. IPL, which started in 2008, now receives millions of views from India and different parts of the world due to its fast-paced and unique team format.
In IPL, star cricketers from different countries come together to play in teams alongside local Indian talents, making it a unique arena of talent display.
What makes this tournament a favorite among cricket lovers? It’s a combination of entertainment and live cricket action.
Interested in winning alongside your favorite players or team? Then, indulge in IPL betting this season. Read this article to learn about how to bet on IPL matches, betting techniques, and other information here.
Understanding IPL Betting
IPL betting is a unique yet growing betting niche among cricket and sports betting lovers across the world. Here, the betting is concentrated on the 10 teams participating in the IPL. Bettors can predict the match outcome and other aspects of the match and make their guesses while betting.
If you can make accurate guesses to bet on IPL, you can win real money and other exciting rewards. Since it is played in the 20 format, betting becomes fast-paced and thrilling.
Typically, IPL offers a range of bets, including match winner, over/under, total score, top batsman or bowler, highest score, and more. The odds can be in decimal or money-line format.
You can place bets on IPL through online sportsbook providers and get rewarded from the comfort of your home. It is a very simple process – you become a registered player of a betting provider and bet by depositing money online. If you win, you receive winnings in your wallet.
How to Choose a Trusted IPL Betting Platform?
If you are starting your IPL betting journey, choosing the right platform to bet on IPL matches is a crucial factor. Here are a few methods to choose the best platform for IPL betting online.
Check out the Licensing Information
Try to check out whether the site for play betting on IPL displays a legal license badge. Any notable platform will display its listening from global authorities like PAGCOR, GAB, etc. Licensed sites ensure you get the best possible market and odds to bet on IPL alongside an unbiased betting experience.
The Reputation and Brand Image
Check out review websites by casino experts, Reddit, Trustpilot, and Google reviews to understand how other bettors feel about a particular online IPL betting sportsbook. Also, review the markets, payment issues, and overall user experience. You should choose a site that has consistently good reviews.
Odds and Betting Markets
If your concern is on how to bet on IPL online for maximum profit, try to check out the odds and betting markets offered by a site. A good and reputed virtual bet on an IPL sportsbook will offer match score bets, live IPL betting, match winner bets, and other prop bets like highest scorer, highest wicket, man of the match, etc. More options and diversity are a plus here.
Besides that, a site should offer competitive odds. Compare a few options and choose the betting platform with the best possible odds.
Bonuses and Promotions
Bonuses and promotions like free spins, cashback, and daily rewards can allow you to add some more value to your bets for the upcoming IPL. You can compare platforms and choose the one that appears to be the most profitable. But be sure to read the wagering requirements before making a selection. Avoiding sites with higher wagering requirements can be a good choice.
Payment Options
Opt for a platform that accepts local payment methods like Phonepay and UPI payments alongside card and bank payments. Also, check out the payment (deposit and withdrawal) frequency for bets on IPL sessions. A platform that offers faster payment is a good choice.
Essential IPL Betting Strategies
Are you wondering how to bet on IPL to get maximum wins? Here are some strategies for you.
Prop Bets are Great for Beginners
If you are a beginner in IPL betting, you can opt for prop bets like highest runs taken, highest wicket taken, man of the match, total score, etc. Since these bets are not linked to the outcome, you can win your bet even if your favorite team loses.
Value Betting
Value betting is a great strategy if you regularly follow IPL matches and related updates. It is the method of finding the best possible option by estimating probabilities concerning the odds.
For example, between two teams, Rajasthan Royals and Chennai Super Kings, the odds are 1.5 and 1.7, respectively. If the statistics and recent happenings indicate that CSK has a better possibility of winning, you can place your bets on that team to get better winnings.
Hedge Betting
You can also try hedge betting while you try to bet on IPL. Here, you place equal bets on both possible outcomes of a certain betting market. This way, you can minimize your losses to a certain extent.
Bet Small and Win More
Instead of betting a large sum, you can opt for smaller bets on different markets. This way, you can have more chances of betting and maximizing your winnings. It is also ideal for anyone who wants to try different betting markets.
Types of IPL Bets You Can Place
Want to have more details on how to play betting on IPL? Here is a detailed guide on the available betting markets to bet on IPL for your gaming journey.
Match Winner: The most common yet exciting betting market where you predict the winner of a match. Use your knowledge about the players and recent events to make a calculated guess.
Best Batsman / Bowler: This is another popular option for IPL betting among beginners. You can pick your favorite bowler/ batsman to win.
Head-to-Head Player Bets: You can also focus on two players and predict the top two scoring batsmen or bowlers in the tournaments. It is ideal for those who diligently follow IPL.
Over / Under: Over / Under is another classic option to bet on IPL sessions with great possibilities. You need to predict whether the match score will be over or below the set limit to win.
Handicap Betting: You can also choose the winner of a match between the underdog and the favorite team. The underdog team has better odds due to the associated higher risk percentage, while the favorite is often a safe choice.
Total Runs and Total Wickets: It is a dynamic bet where you only need to guess the total runs or wickets of both teams.
Live Betting / In-Play Betting: Live IPL betting options are exciting with their dynamic and changing odds and thrill. You can watch the match while you bet to get a wholesome yet rewarding experience.
Mistakes to Avoid in IPL Betting
- While supporting your favorite team or player is a good thing, betting on it may not always be the best idea. Pick according to the stats to have a better chance of winning. Also avoids chasing losses while betting.
- Try to learn how to bet on IPL cricket first by understanding the odds and betting markets. Jumping without any knowledge can be fatal.
- Try to avoid getting too much on a single match to avoid losses. Instead, divide your bankroll equally among all matches to increase your chances of success.
- Do not neglect the latest happenings, like player injuries and team shuffles. If you are not up to date, you may end up making incorrect decisions for IPL betting.
- Avoiding managing your bankroll can also be fatal for your bet on the IPL experience. It can cause you to exhaust your bankroll faster without winning much.
Conclusion
IPL betting is unique and fun-filled, yet thrilling, and comes with endless possibilities. You can use your cricket knowledge to find the best possible strategies for betting on IPL. Also, remain updated about the latest happenings and events to predict accurately.
As a cricket player, you should focus on the matches and consider betting on the Internet for fun and entertainment to win some real money. You can use the tips mentioned here to select the best virtual platform for a successful bet on IPL.
FAQs
Which teams are in the IPL?
At present, IPL has 10 teams. These are Chennai Super Kings (CSK), Mumbai Indians (MI), Kolkata Knight Riders (KKR), Royal Challengers Bangalore (RCB), Delhi Capitals (DC), Sunrisers Hyderabad (SRH), Rajasthan Royals (RR), Punjab Kings (PBKS), Gujarat Titans (GT), and Lucknow Super Giants (LSG).
How to read IPL odds?
In general, IPL odds are in either decimal or money-line format.
For example, consider a match with Kolkata Knight Riders (KKR) and Mumbai Indians (MI) having respective odds of 1.2 and 1.4. This means that if you bet on KKR and the team wins, you get 1.2x your bet in return. But, if MI wins, you get 1.4x your bet as winnings.
On the other hand, consider both teams have odds of -130 and 145. Here, negative odds denote the favorite, and positive odds denote the underdog. If you want to win INR 100, you need to bet INR 130 on KKR. But if you bet on MI and the team wins, you get INR 145 for each INR 100 you bet.
Can I bet on IPL matches using my smartphone?
Yes, you can. Most online betting platforms offer mobile betting through websites, apps or both. You can register on these platforms and start betting by adding money. For app betting, you need to download the official app and sign in to bet. Alternatively, you can visit the website of the virtual sportsbook in your mobile browser and bet.
What is live betting in IPL matches?
Live betting on IPL matches is very exciting and unique. Betting is available for live or ongoing matches. Usually, the odds change depending on the progress of the match. Initially, you place bets as the match starts, and you can also place bets while the match is being played. You can also adjust the odds as per your preference.
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