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Everything You Need to Know About IPL Betting

Everything You Need To Know About IPL Betting | LeoVegas

Every year, cricket fans eagerly anticipate the return of the Indian Premier League (IPL) – a popular Twenty20 (T20) cricket league which runs for seven weeks between March and May.

The Indian Premier League has quickly become a popular favourite for cricket betters to take advantage of. Seven weeks of matches come with lots of win potential, after all.

If you’re keen to get involved with IPL betting online, this guide will provide you with our top tricks, tips and secrets which will help you to get started.

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What is the Indian Premier League?

The IPL tournament sees eight teams (representing eight cities in India) go head-to-head for the largest prize in T20 cricket – anywhere up to a staggering ₹200,000,000!

Compared to other cricket tournaments, the IPL is relatively new - it was established in 2008. However, although newer than other tournaments, it’s already become immensely popular on a global scale.

The league stage of the 2020 IPL will be played in a Double Round Robin format, meaning each of the eight teams will play each other twice. Each team will play once in their city (making them the home team) and another time in the home ground of their opponent (making them the away team).

The top four teams to come out of these games will qualify for the playoffs, which will be made up of two qualifiers, an elimination round, and the final. The two teams at the top of the table face off in the first qualifier, gaining the winner direct entry to the final. The losing team, on the other hand, will get an additional chance at making it to the final by playing the winner of the elimination round between the teams ranking in third and fourth place.

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IPL Betting Tips: How to Bet Effectively

Each day, the IPL provides you with lots of new opportunities to win - knowing how to bet properly in order to make a profit is key.

There are many ways to gain an edge when it comes to online IPL betting, so it helps to determine what your strategy is early on. Read on to discover some free IPL betting tips that will help you to get started on your betting journey.

Set a Betting Budget

Before you even begin analysing what to bet on, you should determine how much money to set aside for your betting budget. Betting online means you need to deposit funds before you start placing bets, so you must know what your limit is upfront. This will help you bet safely and responsibly.

Look At IPL Betting Odds

Once you’ve decided on a reasonable budget, you need to research the odds in play. You have to get pretty familiar with odds when betting online, as these figures will determine the probability and profit which comes with winning a bet.

If you’re unfamiliar with betting odds, take this example as guidance:

If you place ₹1,000 on Mumbai Indians to win at odds of 1.72, you’ll get back ₹1,720 if you win - ₹1,000 of your original bet plus your winnings of ₹720. Winnings are calculated by doing this simple calculation:

Winnings = (odds * stake) - stake

If you lose your bet, you'll also lose the stake that you placed the bet with, regardless of your selected odds.

Get to Know the Teams

Betting properly and profitability on the IPL involves research, research and more research. Without it, your bets will be based on pure guesses; which very rarely ends well.

The main bit of research you should do surrounds the teams playing in the league. Focus on their strengths, weaknesses and how they’ve performed in previous tournaments.

If you’re unsure where to start from when it comes to researching the teams, a great tip is to review each player’s T20 statistics – you’ll find a great deal of data online with stacks of information on bowling and batting averages. You’ll quickly be able to recognise trends with regard to which teams are worth betting on.

Recent IPL Winners (2015-2019)

Past performances are significant to look at when you’re considering how to place your bets. To help you out, here are the winners of the IPL from the past five years:

  • 2019: Mumbai Indians
  • 2018: Chennai Super Kings
  • 2017: Mumbai Indians
  • 2016: Sunrisers Hyderabad
  • 2015: Mumbai Indians

Over the last five years, the Mumbai Indians have won the IPL three times, with Chennai Super Kings winning once and coming in second twice. Sunrisers Hyderabad also won the tournament back in 2016 by eight runs and also secured the runner-up position in 2018.

As you can see, there seems to be a trend amongst the teams which make it to the finals each year. Keeping an eye on these strong performers may help you understand who will make it all the way through when the next IPL season comes around.

Judge the teams by their performance during the league, but always keep the winners from the latest years in mind. They’re top performers for a reason, after all!

Focus on Skilled Players

There’s a wide range of skilled players to bet on in the IPL tournament. Knowing who stands out from the crowd will increase your chances of making bets more profitable.

Noteworthy players include Josh Butler, who scored 548 runs for Rajasthan Royals in the 2018 season, as well as Sam Curran who was signed for around ₹71,000,000 by King XI Punjab in 2019.

Prabhsimran Singh has also been in high demand during recent years, with Mumbai Indian, Kings XI Punjab and Royal Challengers Bangalore all keen to secure his talents.

Whatever you do, never underestimate a young player! At just 21 years of age, West Indies batsman, Sherfane Rutherford, was signed by Delhi Capitals - making him someone to look out for.

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Take Advantage of IPL Live Betting

Our Live Betting lets you bet on a cricket match in real-time; meaning you don’t need to place a bet until the game has begun (hence why it's also called ‘in-play’ betting).

IPL Live Betting increases your chances of making a bigger profit. As the odds shift during a match, you can even decide to cash out early to make the most out of a profitable moment.

As well as the obvious appeal of winning big, Live Betting provides an exhilarating experience which will keep you engaged as the match progresses. However, don’t forget that you have to be comfortable with making quick decisions and being on the ball in order to be successful here.

Embrace the Busy IPL Season

Due to the league only running for seven weeks, the IPL season is a busy one. There’s always a match to get involved with - 60 of them to be precise - meaning there’s always something to bet on.

We also let you bet on innings, match prices, runs and much more to make sure you never get bored! This ties in nicely to the next tip to be aware of, the top IPL betting markets!

Top IPL Online Betting Markets

The great thing about all of the IPL betting tips mentioned in this guide is that you can combine and apply them to the top IPL betting markets.

Naturally, some bets will be based on pure luck – and for many, that is what makes betting so thrilling. But there are also several markets which you can research thoroughly to develop your strategy.

The main betting markets include the Ultimate IPL Winner, which is a form of IPL daily match betting which lets you bet on the team that you think will win the match on that particular day. Another popular betting market is the Top Team Batsman, which determines the tournament’s top run-scorer, also known as the Orange Cap winner. In addition to the above markets, we have the Top IPL Bowler which sees the Purple Cap winner.

There are numerous other betting markets to consider too, from live betting and player performance to winner of the coin toss, total wickets, total runs, total ducks, and total wides.

So the question is, are you ready for the IPL cricket betting season?

The Indian Premier League is a fun and unique tournament to bet on, which brings with it so many opportunities to make a profit.

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Bettors need to understand the rules of IPL cricket betting before placing their bets. Those who can build up their knowledge of the IPL and the way it works can gain an edge over others, increasing their chances of winning big bets.

Whether you want to get involved with pre-match betting or try your hand at in-play bets, we offer a great range of cricket betting markets to explore, particularly during the online IPL betting season. Explore our range of online cricket betting odds to find what opportunities await.

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