The Indian Premier League is one of the most popular cricket tournaments in the world, and it’s no surprise that it’s also one of the most popular betting events. Millions of dollars are wagered on IPL matches every year, both legally and illegally.
If you want to get in on the action, then you need to know how to bet on IPL matches. This guide will teach you everything you need to know about IPL betting, from finding the best bookmakers to understanding the different types of bets available.
What Is The Indian Premier League?
The Indian Premier League is a professional Twenty20 cricket league in India contested annually by eight teams representing eight different cities in the country. The league was founded by the Board of Control for Cricket in India in 2007, and it has quickly become one of the most popular cricket tournaments in the world.
Each IPL season runs for around two months, with each team playing 14 matches. The top four teams at the end of the season qualify for the playoffs, with the winner being crowned champion at the end of a dramatic knockout tournament.
The IPL is not only popular in India but also has a huge global following. In fact, it is now considered to be the richest cricket tournament in the world, with players from all over the globe competing for massive contracts.
If you want to bet on IPL matches, then you will need to find a bookmaker that offers markets on the tournament. Luckily, there are plenty of bookmakers out there that offer IPL betting, and you should have no trouble finding one that suits your needs.
Types Of Bets Available
There are a wide range of different types of bets available on IPL matches, and you will need to understand them before you start placing any money down. Here are some of the most popular types of IPL bets:
Match Betting – This is the simplest type of bet, and it simply involves placing a bet on which team you think will win the match. The odds will be displayed in decimal form, and you will simply need to multiply your stake by the odds to calculate your potential winnings. For example, if you bet $100 on a team with odds of 2.50, then you will win $250 if they are victorious.
Outright Betting – This type of bet involves placing a bet on which team you think will win the IPL tournament outright. The odds for this type of bet are usually quite high, as there are eight teams competing and only one can be victorious. However, if you fancy your chances, then this could be a great way to win big.
Top Batsman Betting – This type of bet involves placing a bet on which batsman you think will score the most runs in the tournament. You will usually be able to bet on multiple batsmen at once, and the odds will be displayed in decimal form. For example, if you bet $100 on a batsman with odds of 2.50 to be the top run-scorer, then you will win $250 if they manage to do so.
Top Bowler Betting – This type of bet is similar to the top batsman bet, but it involves betting on which bowler you think will take the most wickets in the tournament. Again, you will be able to bet on multiple bowlers at once, and the odds will be displayed as decimal numbers. For example, if you bet $100 on a bowler with odds of 2.50 to be the leading wicket-taker, then you will win $250 if they manage to do so.
Player Performance Betting – This type of bet is becoming increasingly popular, and it involves betting on how well you think a particular player will perform in a match. For example, you might bet on whether or not a batsman will score a century or a bowler will take a five-wicket haul. The odds for these types of bets are usually quite high, as they are quite difficult to predict.
These are just some of the most popular types of IPL bets, but there are many more available. Once you have found a bookmaker that offers markets on the tournament, then you can take a look at the different types of bets on offer and decide which ones you want to place.