How to Bet in IPL
IPL. A name very close to the heart of Indian cricket lovers. It’s currently the largest domestic league in the world in terms of the money that flows through it. The interesting thing about IPL is that it’s not only known for viewership, but also the potential for betting!
Throughout our guide, we’ll explain how you can successfully start betting on the IPL. Let’s get started!
Choose the best platform to bet in IPL
Look into our top 3 picks as IPL betting sites:
Parimatch
For betting on domestic franchise leagues like IPL, it doesn’t get any better than Parimatch. This betting site in India offers a dedicated URL where sports targeted for Indian punters are located. And yes, IPL is one of the more used events from that list.
Another reason we like Parimatch so much is that it offers all the local payment methods for you. You don’t have to worry about currency conversions or extra fees for a single deposit or withdrawal.
1xBet
The popularity of IPL has spread so much that even international bookmakers like 1xBet list it as a major sports event of the year. 1xBet has done very well in India as it offers markets for all the sports Indians like as well as the most high-voltage events from the global scene.
And of course, we can’t ignore the massive list of payment methods this betting site has for deposits and withdrawals.
22Bet
The last site we have as a top IPL betting site is 22Bet. After you learn how to bet in IPL, you can visit the 22Bet site, open an account, and start betting right away because it accepts players from India throughout the year.
How to Bet in IPL: The Markets
At the end of the day, it’s the markets that are going to make it or break it. If you don’t get good-quality markets, you won’t be able to wager the money where you want to.
In this section, we’ll try and cover the most lucrative markets for IPL betting in India. Keep in mind that it’s not possible to include all markets for this tournament as it varies from operator to operator. Hence, we’re only going to focus on the most popular ones.
Match Winner
This is the most common and most popular market for any sport imaginable, cricket included. The same applies when you learn how to bet in IPL too. The market is as simple as placing your money on the team you believe will win the match.
Outright Winner
Outright usually refers to future outcomes. The events that are supposed to settle in the future but you’re betting on it right away.
Similarly, the potential award winners are all part of the outright betting paradigm. Who might win the orange cap, who might win the purple cap, who might get the fair play trophy, etc. all come under the same umbrella. You’ll have to wait till the event ends for these bets to settle.
Toss Winner
Every match starts with a toss where the winning team captain decides whether he wants to bat or bowl in the first innings. Depending on the venue and the weather in the general area, the toss decision can be crucial for a win.
That’s why the market where you get to choose which teams will toss is very enjoyable. It’s also one of the fastest markets to settle.
Top Batter
This is also only for a single match and not the entire tournament. You can bet money on which batter you think will perform the best in the innings. All online bookmakers that accept bettors from India will offer odds for multiple top-tier batters from both teams.
Top Wicket-Taker
Now, this is a market where you can only focus on the number of dismissals for a bowler. From what we’ve seen, the most impactful bowlers who can bring breakthroughs at crucial moments get odds for this market.
Draw No Bet
If you’re new to the betting industry and just learning how to bet in IPL, this might be one of the safest markets for you. As the name suggests, a bet becomes invalid if the match ends up in a draw. Technically, it’s a tie because a draw is not possible in limited overs cricket.
It means you’re actually betting on the home team or the away team to win. If the match does end up in a tie, all bets will be returned to your account.
IPL 2024 Outright Odds
As promised, we’re going to give you the latest odds projected for the outright winners of the 2024 IPL. All major bookmakers that accept punters from India have offered similar odds.
- Gujrat Titans: The defending champions of the tournament are leading with 6.50 odds.
- Delhi Capitals: 7.00
- Mumbai Indians: 7.00
- Rajasthan Royals: 7.50
- Royal Challengers Bangalore: 7.50
- Punjab Kings: 8.50
- Chennai Super Kings: 9.00
- Lucknow Super Giants (latest franchise): 9.00
- Kolkata Knight Riders: 10.00
- Sunrisers Hyderabad: 13.00