The Indian Premier League (IPL) is the richest T20 domestic league in the world and arguably the best T20 cricket league in the world. Hundreds of world-class players represent different Indian cities in this annual cricket tournament. With trillions of Indian rupees involved, the T20 championship is also the most lucrative cricket tournament in the world. The IPL generally takes place during a 6 week window where games are held just about every day. The betting activity at online betting sites spikes considerably during the IPL season.
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Table of contents
- Choose The Right IPL Bookie
- IPL Betting: Getting Started Guide
- Is IPL Betting Legal in India?
- IPL Betting Apps
- IPL Live Betting
- Frequently Asked Questions
IPL betting online is so popular that bettors wager on outright winner, match results, man of the match and just about every other facet of the game. Sportsbooks tend to offer a number of different side bets which include bets like how much time will a team take to complete its innings, how much runs will be scored in an over (six balls), and even on the outcome of a single delivery.
Here you will find everything you need to know about IPL online betting sites and IPL cricket betting. Keep reading to learn how to find the best IPL friendly betting sites in India, how to place bets, how to calculate winnings odds, how to withdraw your winnings and more.
Choose The Right IPL Bookie
Indian players have lots of options when it comes to online betting sites for cricket IPL. However, we suggest that you do your research and find the best IPL betting site for your style of betting. You need to look at multiple criteria when selecting a proper online IPL bookie.
Look for a sportsbook that is licensed and regulated by a reputed regulator like the United Kingdom Gambling Commission (UKGC) or the Malta Gaming Authority (MGA). Find a sportsbook that covers the IPL as well as other domestic and international cricket matches, so that when the IPL is finished you can still wager on other cricketing action. Some of the other things to look for include welcome bonus perks, number of banking options, withdrawal processing times and customer support.
The team at BettingGuru has spent considerable time searching and vetting IPL bookies in India and has only shortlisted sites that meet all of the criteria listed above. So if you want to save yourself the research and time, just choose any of our featured IPL betting sites and you will not go wrong.
IPL Betting: Getting Started Guide
The IPL was established in the year 2008, by the Board of Control for Cricket in India (BCCI). The tournament league consists of 8 teams, named after 8 cities in the Indian subcontinent. Each IPL team is owned by one or more corporations who purchases players from all around the world in a large auction, where players are sold to each franchise often for millions of rupees.
The IPL features a host of superstars which include the top players in India like Virat Kohli, Rohit Sharma and MS Dhoni, foreign players like David Warner, Ben Stokes, Mitchell Starc and recently retired players like AB de Villiers and Dale Steyn. This is one of the reasons why the IPL is the most-watched cricket tournament in the world (after the ICC ODI World Cup which only happens once in 4 years).
The IPL entails 8 teams competing against each other for the prestigious IPL tournament trophy. Each team contains players from different countries (just like the Football leagues in Europe) and have to defeat other teams to maintain its ranking on the leaderboard. The top four teams qualify for the ‘Playoffs’ (similar to quarterfinals in other sports tournaments) and the team that wins these playoffs is the ‘Champion’.
IPL Betting odds & options
You can bet on options like Match Winner, Toss Winner, Best Bowler/Batsman, Total Sixes or Runs, Most Sixes, Coin Toss and many more. Before you start betting, you need to consider the odds of winning so that you can make an informed decision about where to place your money. Odds are generally given in three formats – American, Decimal and Fractional.
In the American format, odds are in negative and positive. The negative odds show how much you need to put in for a profit of ₹100, while the positive odds give you the amount you will receive by putting in ₹100. If odds are equal to -300, you need to put in ₹300 to get a ₹100 profit. If odds are equal to +300, you can get ₹300 by putting in ₹100 as a bet.
In the Decimal format, just multiply the stake amount by the decimal odds to get your potential profit. If odds are equal to 2.5 and you wager ₹100, you will get ₹250 in return (2.5 x ₹100). The same method goes for the Fractional format as well.
IPL Predictions & Tips
If you are new to online IPL betting, you must first acquaint yourself with all the predictions in the betting market. Besides that, you should also study the different teams to work out their strengths and weaknesses, so that you have a general idea as to how the game could swing. If you are serious about online betting on IPL, you really need to keep up to date with the latest news in the global cricket market and research valuable IPL betting tips to gain the best insights.
First, you must have a general idea of the most probable outcomes, then you can follow-through by strategizing on what part are you going to bet on (toss, match, over, bowler, batsman or outright result). Remember there are multiple ways to make up your mind on what bets to place.
You can just go with the bookies and back the favorites if you want to play it safe or you can do your research and decide if it is worth taking a risk and backing the underdog. Whichever way you decide to bet, always remember to make a logical decision and never let your emotions get the better of you.
Creating your IPL Betting Account
To start playing your IPL bets, you will have to select one of the many sports betting sites and create an account. You can choose one of the IPL betting sites we have on our featured list or go with something that you find in your own research. You can create an account by navigating to your preferred IPL betting site and signing-up with your email.
Before you can bet on an IPL match, you need to add money into your betting account. This can be done by utilizing any of the different payment methods like Cards, E-wallets, and Bank Transfers. Some sportsbooks even allow you to make deposits with cryptocurrencies. After you have made a qualifying deposit, you can make use of the bookie’ s Welcome Bonus, where new players can get either free cash as part of a no deposit bonus or matching deposit based on their first deposit amount.
Is IPL Betting Legal in India?
Any form of retail cricket betting in India is illegal as per the laws made by the Government of India. Thus, you cannot establish a betting house in India or visit one. If you are found guilty of illegal retail betting, you will be prosecuted by the law.
However, the anti-gambling law does not apply to any form of online betting. You can place your sports bets at offshore betting sites and will not break any law in India. This is because all of our featured IPL online betting sites are licensed outside of India and accept betting on IPL as a legal activity.
So if you are betting at an offshore IPL bookie, you can do so without the danger of getting fined by authorities. While entertaining yourself with online IPL betting in India, keep in mind that there are many unlicensed sites out there who can scam you for money. To avoid this, always register at a licensed IPL betting site like the ones featured at BettingGuru.
IPL Betting Apps
Some of the top sportsbooks that offer IPL betting have their own dedicated IPL betting app. The smaller sportsbooks often do not have their own dedicated IPL app but will still allow bettors to access their mobile site in the browser and place IPL bets on the go.
IPL betting apps contain a list of all the IPL matches and events you can bet on. You can directly sign-up from the app, make a deposit on the app and start betting within a matter of minutes. When you win money, you can request a withdrawal from the app directly and receive your money in due time.
When hunting for a good app for betting in IPL, look for the following attributes:
- Is licensed and regulated by a reputed gaming authority.
- Has good reviews on Play Store (Android) and App Store (Apple).
- Is completely free to download.
- Is fast and easy to use.
- Has a great welcome bonus.
IPL Live Betting
IPL live betting allows you to bet on a game that is currently being played. This works the same way as normal betting. The only difference between the two is that in normal betting, you place an IPL bet before the event has started. However, in the case of live IPL betting, you bet when the event is taking place. This adds another touch of suspense and excitement to nail-biting IPL games.
When betting on a live IPL match, you are not thinking about the next few hours or the next few days, but are following moment-to-moment play because the outcome of your bets can be affected by the very next delivery.
This makes it vitally important for you to have no delays in your live streaming as any delay could change the live betting odds and results dramatically. Some IPL bookies offer you this opportunity to watch the IPL matches live while you place your live bets.
Frequently Asked Questions
- What does Juice mean in online IPL betting?
Juice is the fee taken by the bookie or the bet maker (the app or website you are using to place a bet). It is also called vig. Juice is represented by the amount (cut or commission) charged by an IPL bookie to let you place an IPL bet. The bet maker will get the juice only if you lose your bet. This means that if there is a juice and the odds are -150, you need to put in ₹150 to get a ₹100 profit. If you lose, the ₹50 difference goes to the bet maker and is called ‘juice’.
These are Hindi words that are often used in the Northern part of India when it comes to placing bets. IPL bhav refers to regular IPL odds while IPL satta refers to IPL betting.
Live betting allows you to bet on a live match and do so ball by ball. This option is made popular by the ‘in-play’ and ‘in-running’ markets, where you are allowed to bet simultaneously as the game progresses. You can bet on different options like the number of runs on the next ball, how will the next dismissal take place, who will be the next man out, or how many runs in the upcoming over. Only a few IPL betting sites and apps allow you to bet live and you must exercise caution while doing so. This is because there can be delays in transmission and the odds can change without your knowledge.
It is beneficial to develop an IPL betting strategy that systematizes your approach. The best method to come up with a workable betting tactic is to analyze the stats of all teams and players. You can navigate to the official website for IPL and find a huge collection of data that will aid you in forming your strategy. Apart from that, you can also study the performances of players against different teams, along with a one-on-one analysis of teams and players. For example, if you are going to bet on a match between Mumbai Indians and Rajasthan Royals, you can study how these teams stand against each other and how the key players of one (say Mumbai) have performed against the key players of the other team. Repeating this process for all team combinations will give you a general understanding of where each team stands, helping you come up with a great betting strategy.