Between March and May every year, Indian players get to enjoy the thrill of IPL & Indian Premier League in cricket, and betting on this exciting sports tournament is a nationwide phenomenon. It is, in fact, one of the top T20 cricket leagues on the planet, and a must for any cricket gambler out there. If you want to learn all about IPL and what you need to get started with your betting, then you’re in good hands! Check out our guide below.
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How IPL Betting (T20 Format) Works
While the Indian Premier League has only been around since 2008, Cricket as a sport has been around for significantly longer. The Twenty20 (T20) format, however, is a newer version of this classic sport that was originally developed to appeal to a whole new target group as well as a much younger generation. Essentially a way for the game to become “cool” again among the young.
This cricket version is faster, more eventful, easily accessed and full of adrenaline, and if this is your first time playing, then there are a few things we need to introduce you to, such as how the league works and a few of the different betting formats you’ll undoubtedly come across as you gets closer to placing your first bet.
It is a surprisingly easy way to gamble online, and the below guide will get you started in no time! You don’t need to be a professional to bet on IPL, nor do you need in-debt knowledge about the sport or the sporting event, but having a basic idea is certainly going to help you to bet smart. Knowing a little is essential, but knowing a lot is a great bonus.
IPL isn’t the only cricket format out there, and you might be familiar with formats like ODI and Test. In IPL, you’ll find quite a few significant differences that might seem strange to you at first, but that you’ll quickly adapt to once you get started with your betting. The biggest difference between other cricket formats and IPL is the overall length of the matches.
T20 IPL cricket is quicker, which is part of what has made the tournament so popular, and only 20 overs are batted for by each team, plus there is only one bat swing per team (two innings in total) which can be a bit of an adjustment if you are an experienced cricket player who have previously played, watched or betted on other formats.
Bowling maximum is another restriction you’ll come across in IPL, on top of other rules and regulations that are specific for this cricket format. Four overs in one inning is the most a bowler is allowed to bowl, and as a result, the bowlers need to be switched out and rotated frequently throughout the match.
There isn’t always a team that scores better than the other, and there could end up being a tie in an IPL match. What happens? The tiebreaker is a concept you might not be used to when betting on cricket if you are new to the T20 format, but it means that if there is a tie, then the teams will play a quick match with a one-over for each of the two sides.
Structure of the IPL League
The IPL league sticks to a Round-Robin format which you might already be familiar with, and the eight teams in the league all get a chance to meet one another two times each. The playoffs are then made up of the four teams that qualify in the first stage, and this part has become a favourite among those who enjoy watching cricket and betting online.
As you can see, IPL cricket has a much more interactive setup where there is always something happening, and if you struggle to stay interested and engaged when watching other cricket formats, then IPL might be what you’ve been searching for.
The first match is played by the two teams that got the highest scores in the previous stage, and the team that wins essentially scores a place in the finale, without having to do anything else in order to qualify. The other team will have to wait for the third and the fourth team to play their qualifying match, and whoever wins plays the losing team in the first round.
At the end of the IPL playoffs, you’ll be left with two teams, which is the winner of the first match and the winner of the last match. It is very simple, and with only a few differences compared to what you might have come across in the past.
Indian Cricket Teams Playing IPL
Before you can start placing bets and getting ready to hopefully win some money, you need to familiarise yourself with the teams that are playing. You should preferably have a good idea of the team players and basic dynamics within each team, as this will help you bet smart, but we’ll start with introducing the teams that participate in an IPL tournament.
Keep in mind that each team has its own style, strengths and weaknesses, and it is a good idea to spend some time watching games and studying this before you get started with your betting, and especially if you are serious and going all in with the intention to win.
How to Bet on IPL Features
There are so many different ways to bet on IPL cricket, but when it comes down to it, we are all interested in who will win. We’re not just talking about who’ll win the playoffs or what player will score the best, but the team that will walk away with the win in the Indian Premier League tournament of that year.
Bets like these can be placed either before the IPL starts, or during the tournament as the odds continuously change depending on how the different stages go (such as the playoffs). When you have a favourite team and feel confident that your team is going to win, then you kind of have to go for and bet in their favour.
Top 3 Tips for Betting on IPL
As mentioned in the beginning of this article, we want you to do well when you bet on IPL! It is a huge sporting event in India as well as abroad for those who enjoy cricket betting, and for the teams, a win can bring home a massive prize of up to ₹200,000,000. The amount alone speaks for the importance of IPL in the Indian sporting industry.
When you bet – whether on computer or through the top cricket betting apps – there are a few things you can keep in mind to make your decision-making process a little easier, and we’ve listed three main tips here below. Make sure you have read through this guide properly before advancing to this step.
Responsible gambling is extremely important when you bet on sports like cricket, and especially when it comes to events like the IPL where you could easily get carried away. Set up a budget for yourself, and make sure your budget is the amount you can afford to lose as there is no guarantee you’ll win anything.
No matter how much fun you are having, you should always stick to your budget and avoid trying to win back any lost money. Betting online should be safe and fun, and most betting sites can help provide you with responsible gambling resources if needed.
The more you understand the available odds, the easier it gets to place bets that could hopefully generate a win. It is all about the probability of a certain thing happening, and to give a better perspective to those who are inexperienced when it comes to sports betting, we’ve compiled a simple example down below.
Let’s say you decide to bet on the team you think will win the whole IPL tournament. Team X and Y are playing, and you bet ₹1,000 on X walking home with the victory. The odds of this happening has been set to 1.68. If team X wins just like you predicted, then you’ll receive a total of ₹1,168 when you cash out the win. This includes the amount you placed down as your bet (₹1,000), plus the ₹168 you actually won.
Unless you are incredibly lucky, a random guess most likely won’t win you any big money, and it is recommended that you dedicate time to your team research before you start betting on IPL cricket. Strengths, weaknesses and betting conditions are all important aspects of a match outcome, and the easiest way to get an idea is to familiarise yourself with IPL statistics, such as batting averages for a specific player or team.
While betting is, in some ways, a guessing game, an educated and qualified guess will take you a lot further than just closing your eyes and letting your finger point at a random team. The more you know, the better are your chances to win.
Previous Winners of the IPL
Understanding how teams and players have done in the past should also be part of your research, and as previously mentioned, statistics are great for this purpose. To get an overview, see previous IPL winners listed below.
In this simple example, it is easy to see that Mumbai Indians have done well in the past few years, but that’s not enough to determine whether it’s likely they’ll win this year’s IPL. There is a lot more that goes into it, such as the venue, betting conditions and the players. Use this as a starting point, but do your own research.
Conclusion
The Indian Premier League is a phenomenon in India, and thousands and thousands of people place bets every year. Some do good, some do less good, and the lesson to be learned here is that you need to do your research if you want to stand a decent chance to walk home with that dream prize pot. Guessing can only get you so far, and hopefully this guide has given you the information you need to get started.
FAQ
To bet on IPL, you first need to choose a betting site. Once you have found a sportsbook you like and trust, sign up for an account, make your first deposit with your chosen payment method and start betting on IPL.
The Indian Premier League (IPL) is held once a year in India.
A total of eight teams play in the IPL, and four move on to the Playoffs. At the end of the playoffs, only two teams remain and a match is played to determine the winner.
The IPL playoffs are the second part of the IPL, where four teams compete for a place in the finale.
IPL stands for the Indian Premier League.
It is important to choose a top sportsbook when betting on IPL, and if you are unsure of where to look, you can always start with our recommended sites as these fulfil our strict safety standards and requirements.
There is no “safe bed” in sports betting, and especially not when betting on such an unpredictable event like IPL. Set time aside to study IPL statistics and make your decision based on what you find.
The first thing you should look for is licensing. The betting site should be licensed by MGA, UKCG or any other reputable gaming authority.