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The year’s most anticipated Cricket event is right around the corner. With the skyrocketing popularity of the Indian Premier League, bettors and bookies alike have started to take advantage of the hype. The seven-week-long season will make many rich, but what should the bettors watch out for when wagering on IPL?
In this article, we will go over the basics of IPL betting, find out some of the best IPL betting sites and IPL betting apps for it, and explore various IPL betting tips to help you make more money.
But what actually is IPL?
What is IPL?
Short for Indian Premier League, IPL is a Twenty20 Cricket league. During the IPL, eight to ten teams, representing different Indian cities, compete against each other in matches that last for three hours.
It is by far the most popular cricket tournament in the world with a prize pool of over ₹500 million distributed between the top four teams. It has been played since 2008 and has increased its viewership to 31 million people in 2020.
The contest is organized from March to May as a double round robin tournament. After each team faces off against each other twice, once as the home side and once as the away side, the top four advance to the playoffs, where they go through a double elimination process to determine the champion.
IPL Betting Sites
IPL Betting SitesDespite being relatively new, Indian Premier League has swiftly become a popular wagering option for cricket enthusiasts. Due to its popularity, the potential winnings are much higher than other ordinary cricket betting possibilities. Many bookies have naturally invested a lot of effort to attract the bettors’ attention.
With the Indian Premier League’s enormous popularity, it’s no surprise that fans are just as excited to bet on the games as they are to watch them. IPL betting sites offer a wide range of bets on the games, including everything from guessing the overall winner to the least expected bets on how the first wicket will fall.
What is the Best Site for IPL Bet?
What is the Best Site for IPL Bet?There are many criteria when it comes to determining how to pick IPL betting sites. These range from obvious benefits such as lucrative bonuses and good odds to more subtle ones like ease in live betting and safety for the bettors.
➔ IPL Bonuses
Welcome bonuses are a major factor in determining which IPL betting sites to pick. Many websites will offer very favourable bonuses to attract new customers. These bonuses are intended to encourage you to deposit money in their site by allowing you to test the games before wagering real money. Deposit incentives are normally given in the form of a percentage of your initial deposit.
➔ Live IPL Bets
The shortened and faster game format of Twenty20 of IPL allows for much higher rates of runs per over. This allows for an electrifying live betting environment for live betting. Many sites take advantage of this fact by focusing on offering profitable live odds, a good variety of features, and easy access to features such as live streaming and easy mobile betting.
➔ Safety & Trusted IPL Betting Sites
When wagering online, it’s always crucial to join up with a safe, genuine site, regardless of the sport or league. There’s much too much money on the line for dishonest bookies and online con artists to pass up the chance.
In order to avoid these risks, the players should stick to reputable bookies with a proven track record for security and high quality customer service.
Betway – 100% up to ₹2500
Betway – 100% up to ₹2500One of the most popular betting sites in the world, Betway stands out as one of the best sites for IPL betting. Their welcome bonuses are not the highest, but their other features such as excellent standards of safety, the ease they offer players for depositing and withdrawing, and their excellent odds for live betting and the functionality of their app makes them stand out.
Bet365 – Up to ₹4,000 in Bet Credits
For IPL betting, Bet365 is a site that is certainly worth considering, as it is one of the most well-known in the online betting market.
While the deposit limitations may appear relatively excessive, there are several reasons to use Bet365 for IPL betting over the alternatives, including the numerous live streaming options, very good bonuses and perhaps most importantly, the feeling of safety for using a very reputable website.
Parimatch – 150% up to ₹30,000
Founded in 1994, Parimatch is a great platform for cricket betting in general and a very popular betting site for Indians. Their profitable welcome bonuses are excellent and their user-friendly interface is very easy to navigate for live betting. They also have a very good reputation when it comes to safety. One drawback they suffer from is the speed at which their live chat support responds to problems.
Dafabet – 170% up to ₹16,000
Dafabet is one of the leading betting sites in all of Asia and for good reason. Their odds are always excellent when it comes to IPL betting and they offer great welcome bonuses. Their customer service is available 24/7 with very good quality and they are among the most reputable betting sites.
ComeOn! – 100% up to ₹35,000
ComeOn! is one of India’s most well-known online betting sites, specialising in cricket betting, which makes them a great choice for IPL betting as well. Other reasons to pick ComeOn! for IPL betting includes the site’s 24/7 customer support and their well designed betting app for live bets.
However, fees may need to be paid on some deposits.
IPL Betting Winning Tips
Just like with other types of wagering, there are general strategies to follow when betting on the Indian Premier League. These IPL betting tips may seem simple, but are extremely important to minimize losses and maximize profits.
➔ Never bet more than you can afford to lose
The most important rule to betting. Set aside a specific amount of money that you can bet safely without putting yourself under any economic risk. Don’t bet any more than the money you initially dedicated.
➔ Take note of the good players
A good player can work miracles to turn games around. A good bettor will always invest enough time to research which players are on the rise, which ones are reliable, and which ones are not performing as well as they should. Understanding these basic factors will add invaluable depth to your IPL betting analysis.
➔ Learn about the teams and their history
One of the most important things to know before wagering between two teams is their matchup history. For example, the most successful IPL team is Mumbai Indians with five titles, while Kolkata Knight Riders has two.
A quick glance at their matchup history shows that MI has a win rate of 75% against KKR, with 22 wins and 7 losses in total. When speculating between these two teams, it’s important to keep in mind that, while upsets are possible, an MI victory will be the likely result.
➔ Learn to let go of your losses
Chasing losses is one of the fastest ways to lose money. Players can begin to invest more and more money each time they lose, thinking that they should eventually break even. It’s a very common fallacy to think of all your bets as a single set.
Each bet must be considered separately from each other. If you’re in a losing streak, you need to reassess your strategy, rather than trying to brute force your way out of it.
IPL Betting Apps
As mobile betting is gaining momentum, online betting IPL is done more and more through apps. Users are no longer locked into their computers and enjoy the ease of betting with their mobile devices anywhere they go and anytime they want.
These apps offer a lot of features such as finding the best possible odds, chances to put in bets quickly, push notifications, fast login functions, regular safety updates, and more. Most of the top IPL betting sites have developed very well designed apps for this reason.
Betway App
Betway’s quality extends to their app as well. It’s very easy to deposit and withdraw money through the app and players can access exclusive odds. This is the most popular betting app in the market and it’s not a surprise.
Parimatch App
One of the safest apps in the market, Parimatch’s app is also one of the fastest. Quick deposit and withdrawal options, slick design, advanced security technology are just some of the advantages.
10Cric App
One of the best apps for Indian players, 10Cric app can be downloaded from 10Cric website. Players also have access to exclusive promotions through the app.
Dafabet App
What sets Dafabet’s app apart from the competition is the top notch customer service the players can access through the app. There are also great options for live IPL betting.
ComeOn App
ComeOn’s app comes with a highly customizable interface and it allows for a very easy betting experience.
Conclusion
With the Indian Premier League’s popularity continuing to grow, the betting market around it can only become more competitive and lucrative. If the bettors play their cards right, there is a lot of money to be made here.
The more players understand the ins and outs of IPL and IPL betting, the better they will get at profiting from it. They should take the time to familiarise themselves with each betting site listed here in order to find the best odds that fit their needs and start betting as the new IPL season approaches!
