How to Bet on IPL : Complete Guide and Betting Tips

How to Bet on IPL : Complete Guide

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 cricket matches come with lots of win potential, after all.

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

START BETTING ON IPL

How To Place IPL Bet Online

LeoVegas New Zealand is one of the best IPL betting sites. Place your bet on IPL in a few easy steps:

  1. Visit the LeoVegas website or open the LeoVegas mobile app.
  2. Navigate to the online sports betting section.
  3. Select "Cricket" from the available sports.
  4. Browse through the available cricket matches and find the IPL match you want to bet on.
  5. Check the odds for the match.
  6. Once you have decided on your bet, enter the amount you want to bet.
  7. Confirm your bet and wait for the outcome of the match.

Indian Premier League Cricket Overview

The Indian Premier League (IPL) started in 2008 and changed the face of cricket almost immediately. The IPL’s popularity soared quickly, making it the number-one cricket competition in the world. Since its debut, the rest of the cricket world has been playing catch-up. Several countries have adopted their own IPL-inspired leagues. The IPL is also the biggest and best domestic cricket tournament in the world.

The IPL features 10 teams based in different cities across India. The teams compete in a 14-match regular season or group stage matches. The top four teams at the end of the regular season qualify for a four-team playoff.

The IPL isn’t just popular within India. It is a global phenomenon. The cricket league continues to shatter television viewership numbers. In 2023, it is claimed 505 million viewers watched the IPL. Cricket fans from all over the globe can watch the league, so it is no surprise that it is the world’s most-watched cricket league.

Cricket fans watch the IPL with strict dedication during the nine-week tournament. Sportsbooks around the globe offer markets on the IPL, giving fans the chance to wager on the matches throughout the competition. IPL betting is very popular amongst cricket fans. It is easy to place a wager on the IPL. Let’s explore how to bet on the IPL and the cricket league’s 10 teams.

IPL Betting Markets

There are a variety of betting markets for the IPL. Along with markets for each match, cricket fans will find markets for the tournament. Tournament markets include outright winner, top batsman, top bowler, and much more. Fans always have a market to wager on when it comes to the IPL.

Match Betting

Match betting is the simplest wager a punter can make on an IPL cricket match. A match bet is a wager on the team a punter believes will win the cricket game. A bettor has two options when making a match bet. They can wager on Team A or Team B. If the team they wager on wins, then the bet wins. If the team they selected loses, then the bet loses. It is the most straightforward bet possible. The team with the small odds are the favourite, and the team with the larger odds are the underdog.

Outright Betting

The outright winner bet is a wager on a team to win the IPL tournament. An outright bet is usually made before the tournament begins. This gives a bettor the chance to lock in the odds on a specific team. A team with lower odds is more likely to win the IPL, according to bookmakers. Teams with higher or longer odds are less likely to win the cricket competition, according to bookmakers.

Top Batsman/Top Bowler Betting

The top batsman market is available for matches. The market is very popular when a fixture features several strong batsmen. There are two variations of the top batsman market. One is a selection on the top batsman for a specific team.

The other top batsman market is on the best batsman for the entire match, which includes both teams. It is important to research the pitch and weather conditions before selecting a batsman. The opposing team and its bowlers are also important factors to consider when betting on the top batsman market.

The top bowler market is very similar to the top batsman market. Bettors should consider the opposing team’s batters. A bowler’s form is also important to take into consideration. The venue can also impact the results for a bowler.

Man of the Match Betting

The player awarded the title of Man of the Match is considered the best player during a game. The Man of the Match can be a top-scoring batsman or a strong bowler who took multiple wickets.

Regardless, they contributed to their team’s performance in a positive way. The Man of the Match is typically given to a player from the winning team. He is the best player on the winning team for a particular day.

Bettors must research and understand a player’s form before making a Man of the Match bet. Batters tend to receive the Man of the Match award rather than bowlers. Bettors should create a shortlist of potential Man of the Match winners before making a final decision on which player to bet on.

Over/Under Betting

The over/under bet focuses on a team’s total score, the match’s total score, or a player’s performance. Bettors wager on whether the total number will be over or under a figure given by a sportsbook. Before making an over/under bet on an IPL match, bettors need to research a team’s recent form when batting. Strong bowling or defensive teams can have an impact on the total over/under figures.

IPL Teams and Their Iconic Journey

The inaugural IPL season featured eight teams. Over the years, the league has added and subtracted franchises. The IPL currently has 10 franchises spread across cities in India.

Mumbai Indians

Mumbai Indians are one of the original eight IPL teams. The Indians are the second-most successful team in IPL history, with five championships. Mumbai have employed some of the most popular IPL players to play in the tournament.

Some of Mumbai’s most famous players include Colin Munro, Rohit Sharma, and Lasith Malinga. Sharma is one of the top IPL players and is the captain of Mumbai Indians. He led the Indians to all five IPL titles.

Chennai Super Kings

Chennai Super Kings are captained by the most famous IPL player of all time, M.S. Dhoni. The Super Kings are the joint-winningest team in IPL history with five titles. Chennai also finished as IPL title runner-up on five occasions. The Super Kings are another IPL original team, having started in 2008.

The Super Kings are led by Dhoni, a superstar of cricket in India. Dhoni’s popularity on the cricket pitch has made him one of the biggest celebrities in the country. England’s Ben Stokes and India’s Ravindra Jadeja are also top players for the Super Kings. All three players helped the Super Kings win the IPL in 2023.

Kolkata Knight Riders

Kolkata Knight Riders joined the IPL in 2008. The Knight Riders are two-time IPL title winners. They have won the second most titles, with two, and appeared in one additional IPL final. West Indies star Andre Russell, New Zealand’s Lockie Ferguson, and India’s Shreyas Iyer are three of Kolkata’s star players. Since winning the IPL title in 2014, Kolkata have struggled to make the playoffs in recent campaigns.

Royal Challengers Bangalore

Royal Challengers Bangalore debuted in 2008 and one season later, reached the IPL final, losing to Deccan Chargers. RCB, as the team is known, have reached three IPL finals, losing all three championship games. Royal Challengers Bangalore are one of four teams in the IPL to never win the league championship. South African cricket Faf du Plessis captains RCB. The 39-year-old is one of the top players to come out of South Africa. Virat Kohli is another top player to wear the RCB kit. The top-order batsman has played for RCB since 2008. He is the face of RCB.

Sunrisers Hyderabad

Sunrisers Hyderabad are a one-time IPL title winner. Hyderabad won the title in 2016. Two years later, Sunrisers reached the IPL championship game once more, losing to Chennai Super Kings. David Warner is considered the Sunrisers best-ever player by many fans. He scored 3,271 runs from 2014 to 2019. Warner was part of the Sunrisers when the team fought for two championships. Shikhar Dhawan played 120 matches for Sunrisers, recording 3,737 runs. He is another all-time great.

Delhi Capitals

Delhi Capitals have never won an IPL championship. The team reached the final on just one occasion, losing in 2020 to Mumbai Indians. Delhi is the largest city in India, yet the capitals have not been able to bring fans an IPL title. Shreyas Iyer is one of the franchise’s all-time greats. Englishman Kevin Pietersen was a dominant batsman for Delhi. He averaged 37.33 runs per game.

Kings XI Punjab (now Punjab Kings)

Punjab Kings reached just one IPL final in 16 years. The team qualified for the 2014 tournament final where they lost to Kolkata. Success has been lacking for Punjab over the years despite signing several cricketing stars. Shaun Marsh is an all-time great player. He played 71 times for Punjab, scoring 2.477 runs.

Rajasthan Royals

Rajasthan Royals won the 2008 IPL title, becoming the inaugural tournament. Since then, Rajasthan Royals have reached just one tournament final, losing the 2022 championship match to Gujarat Titans. Shane Watson is one of the all-time Royals greats. He played 84 times for the franchise, scoring 2,474 runs. Ajinkya Rahane played in 106 matches for the Rajasthan Royals, scoring a brilliant 3,098 runs from 2011 to 2019.

Origins of the IPL

The IPL was created to bring fast-paced cricket to fans of all generations. The league was born out of a desire to provide cricket fans with more than just slow, plodding test cricket matches. They debuted with a round-round tournament format in 2008. The top four players qualified for the playoff phase of the competition.

One of the ways to make the IPL exciting and fast-paced was to complete the tournament in just a few weeks. Today, the IPL is played over two months, providing daily matches for fans. The matches are electric, with full stadiums cheering on the teams. The IPL set the standard for all domestic cricket competitions. Now, there are T20 leagues around the globe copying the tournament structure to appeal to fans of all generations.

IPL Auction and Player Contracts

The IPL auction is one of the main parts of the tournament. Indeed, the auction is popular with fans, as they learn which players their team signs for the new season. Franchises can alter their squads through the auction, adding and subtracting talent.

Each IPL team is given a budget of INR 80 Crore. Franchises must assemble their teams with this money. Teams must use 75% of the money on players. Players can sign up for the auction, which has no limit on the number of players available. In 2018, the auction had 578 players available.

Teams can hold onto a maximum of five players before the auction. If one of these players is bid on by a rival team, the team holding the player’s rights can match the offer to determine where the individual will play.

IPL franchises can only hold the rights of up to three Indian national team-capped players, a maximum of two overseas players, and two uncapped Indian players. The higher-profile players will be selected by teams and earn large salaries.

The highest-paid players will receive around seven figures (NZD). Meanwhile, the lowest-paid players will still earn an estimated minimum salary of $38,000 for around two months of cricket. In 2023, Sam Curran of Punjab Kings was the highest-paid player in the IPL. He earned $3.6 million from the end of March to the end of May, playing in the IPL.

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 online 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 account and 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 best odds are 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 $100 on Mumbai Indians to win at odds of 1.72, you’ll get back $172 if you win - $100 of your original bet plus your winnings of $72. 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 first bet on the ipl, with, regardless of your selected odds.

Recent IPL Winners (2015-2022)

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

  • 2015: Mumbai Indians
  • 2016: Sunrisers Hyderabad
  • 2017: Mumbai Indians
  • 2018: Chennai Super Kings
  • 2019: Mumbai Indians
  • 2020: Mumbai Indians
  • 2021: Chennai Super Kings
  • 2022: Gujarat Titans

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 player performance of 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.

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’ cricket betting here).

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 that 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!

IPL Betting FAQ

What are the odds for IPL winner?

Our top three favourites for winning based on IPL odds are:

  • Chennai Super Kings - 1.83
  • Gujarat Titans - 3.75
  • Mumbai Indians - 5.50

*Odds are subject to change.

Which team has the most points in IPL history?

The team with the most points in IPL history is Mumbai Indians with 217 points. They have played 186 league matches and won 108 matches in 13 IPL league stages completed so far.

Which team has the most winning rate in IPL?

The team with the best winning percentage in IPL history is Chennai Super Kings with a winning percentage of 58.41. Mumbai Indians come in second place with a winning percentage of 56.7. However, Mumbai Indians have won the most games (131) and the most titles (5) in IPL history. Other teams with high winning percentages include Rajasthan Royals, Sunrisers Hyderabad, and Kolkata Knight Riders

What will be the number of matches in IPL 2023?

The number of matches in IPL 2023 will be 74. All the matches will be played in T20 format, and there will be a total of 10 teams participating in the tournament. The IPL started on March 31, 2023, with the opening match between Gujarat Titans and Chennai Super Kings. The IPL final will be played on May 28, 2023. The tournament will feature 70 league games, including 18 double-header matches.

When will the IPL 2023 playoffs start and what is the format?

The IPL 2023 playoffs start on May 23, 2023. The playoffs will consist of four teams, and the final will be held on May 28, 2023.

The four teams that have qualified for the playoffs are the Gujarat Titans, Chennai Super Kings, Lucknow Super Giants, and Mumbai Indians/Royal Challengers Bangalore. The playoffs will consist of three matches: Qualifier 1, Eliminator, and Qualifier 2.

The teams finishing third and fourth in the points table will face off in the Eliminator. The winner of Qualifier 1 will face the winner of Qualifier 2 in the final. The playoffs will take place in Chennai and Ahmedabad.

Which venues host the IPL 2023?

The IPL 2023 will be hosted in 12 different venues across India. These venues are:

  • Ahmedabad
  • Mohali
  • Lucknow
  • Bangalore
  • Chennai
  • Delhi
  • Kolkata
  • Jaipur
  • Mumbai
  • Guwahati
  • Dharamshala
  • Hyderabad

The IPL 2023 will begin on March 31, 2023, with the opening match between Gujarat Titans and Chennai Super Kings in Ahmedabad. The final of the IPL 2023 will be played on May 28, 2023, at the Narendra Modi Stadium in Ahmedabad. The playoff games for IPL 2023 will be held across two cities – Chennai and Ahmedabad

How many teams participate in the Indian Premier League?

The IPL currently has 10 teams competing in the tournament.

Who is the most successful team in IPL history?

The Chennai Super Kings and the Mumbai Indians are the most successful teams in IPL history. The teams have each won five IPL championships. Of the two teams, Chennai Super Kings are slightly more successful. The Super Kings not only won five IPL titles, but they finished as IPL runner-up on five occasions.

Which player has scored the most runs in IPL?

Legendary Indian player Virat Kohli scored the most runs in IPL history. He scored 7,263 runs.

Who is the leading wicket-taker in IPL?

Yuzvendra Chahal is the current wicket-taker leader in IPL history. Chahal took 187 wickets in 145 matches. He played for several IPL teams, including Royal Challengers Bangalore, Rajasthan Royals, and Mumbai Indians.

How are IPL venues selected?

Each team has its own home ground. This allows the home teams to play seven matches at home and seven on the road. The venue for the IPL final is always held at the previous season’s champion’s home stadium.

How does the IPL playoff system work?

The top four teams in the IPL standings qualify for the playoffs. The No 1 seeded team plays the No 2 seeded team in a qualifier/eliminator match. The winner advances to the final. The loser will play the winner of the match featuring the No 3 and No 4 seeded teams in their qualifier/eliminator. The winner of the second qualifier round match will play in the final.

What are the revenue sources for IPL teams?

IPL teams make money in multiple ways. The biggest revenue maker for the IPL’s franchises is media rights revenue. Ticket sales and merchandise are the next way in which teams make money in the IPL. Teams and the league sell sponsorships to major companies from India and abroad. Franchise owners will also sell shares of their teams to outside investors.

Can foreign players play in IPL?

Foreign players can compete in the IPL but there is a rule on the maximum number of foreign players a team can sign. Currently, teams are limited to signing just four players from abroad. The IPL has used this rule since it was founded.

Are there any restrictions on player transfers in IPL?

The IPL allows teams to make midseason transfers of uncapped players. The IPL transfer window is only open for five days, meaning teams must act quickly to sign new players. Teams who acquire a player on loan in the middle of the season cannot play the player against their parent team.

Can I bet on IPL matches using a mobile app?

IPL match betting is available in LeoVegas mobile app. There are a variety of markets available to wager on.

Are there any IPL betting strategies for beginners?

It is recommended for beginners to wager on the over/under markets. Bettors can simply make a wager on how many runs will be scored in a match by a particular team. Bettors can wager on over/under for the opening six overs or for the entire innings.

What are the common mistakes to avoid in IPL betting?

The biggest mistake bettors make in IPL betting is trusting their gut. Bettors should use facts and data to make smart wagers. Another mistake to avoid is chasing losses. Bettors should never wager more money on a match following a loss to make back their losses. Moreover, placing a bet on a long shot to make up losses is a foolish idea and nearly always ends in defeat.

What is the IPL auction?

The IPL auction is a yearly event conducted by the Board of Control for Cricket in India (BCCI) to auction cricket players to various franchise teams. The auction is generally a two-day event, where players are pooled together and sold to the highest bidder as per IPL rules and regulations. The auctioneer controls the proceedings of the auction.

How to watch IPL games in New Zealand?

There are several ways to watch IPL games in New Zealand. Here are some options:

  • JioCinema: Cricket fans in New Zealand can watch IPL 2023 matches for free on JioCinema, which is a streaming platform that offers movies, TV shows, and live sports.
  • YuppTV: YuppTV is a streaming service that provides live streaming of IPL matches in New Zealand.
  • Disney+ Hotstar: You can watch IPL 2023 on Disney+ Hotstar in New Zealand. You need to go to the Disney+ Hotstar website, search for Star Sports, and enjoy IPL matches.
  • Voot: Voot is an on-demand streaming platform that allows you to watch IPL 2023 in New Zealand