If you’re new to IPL betting, there are probably a lot of questions running in your mind. You want to know how and where the tournament is played. You’re curious to know which teams participate, the rules of the tournament and most importantly you want to know you can win real money in IPL betting.
Luckily for you, we have all the information you need right here in this guide. Continue reading and you will soon find out how best you can begin your online IPL betting in India.
Know the tournament’s schedule
The Indian Premier League (IPL) is often held between March and May of every year. The tournament’s schedule is often released weeks before to help both fans and teams prepare for the matches. As a bettor, you need to be keen on the IPL’s schedule as this can help you make better decisions when betting.
For instance, you’ll be able to see which teams will compete in the first match. You’ll also know where the match will be held and be able to know whether the pitch will be better for batting or not. Don’t ignore these tiny little details as they can make a great difference when it comes to betting.
The IPL Mega auction is important
Every year a mega auction is held to determine which players will get to play in that particular year’s IPL. In this important event, teams can bid for new players, let go of weaker players and retain top performing players.
This auction acts a major boost for teams that want to improve their squad, so you need to stay updated and watch closely where every player goes. Check which teams get great batsmen and bowlers and keep a close eye on younger players.
By doing this, you’ll be able to examine every player’s strength and weaknesses and hopefully use this data to your advantage.
IPL rules are constantly changing
The Indian Premier League was founded back in 2007 and it has experienced lots of changes ever since. For instance, many IPL titles are contested for by eight teams. However, in some years such as in 2011, ten teams were allowed to participate.
Another example is back in 2014 when the BCCI asked for all player contracts to be written in Indian Rupees instead of the US Dollar. Also since 2018, teams are given one chance to review an on-field umpire’s decision per innings.
These slight changes in how the tournament is managed or how the games are played should be taken into account before you bet. This way you’ll be able to catch cracks in the team’s performance and place successful bets.
Bookmakers offer different types of betting odds
Indian IPL betting sites offer different types of odds. You will find the fractional odds which are represented in fractions. For example, you’ll see an event with odds of 600/100. This means you’re going to win ₹600 for every ₹100 wagered.
Moneylines are also popular in India but the best odds have to be the ones given in decimal form. Decimal odds are extremely easy to calculate and they are offered by all Indian betting sites. So take time to learn how to calculate payouts using these odds and you’ll have a smooth IPL betting experience.
There are numerous cricket betting markets
It’s impossible to list all the IPL betting markets we know in this guide. There are numerous betting markets out there, so you don’t have to bet on which team will win a match or the tournament. Bookmakers nowadays offer Indians the chance to bet on who will take the most wickets, be the top batsman or have the most tosses.
These markets make it really easy to win bets. All you’ll need is to do thorough research and pick the outcome that has the highest chances of winning real money in ipl betting.
Betting small is the way to go
As a beginner, you’re probably fully pumped to begin betting on the Indian Premier League. This excitement comes naturally. However, don’t let it drive you into placing large bets. Remember, you’re new to IPL betting and there are many things that you still have to grasp. So begin by placing small bets and as your skills grow, then feel free to place large bets.
Live streaming sites are helpful
Placing a bet is okay. But placing a bet and watching the match unfold is just spectacular. There are Indian bookmakers who offer IPL live streaming services. Here, you can follow the matches and see how the players perform in real time and later on use what you’ve learned to prepare for your next bet.
If your bookmaker doesn’t offer live streaming, there are plenty of sites you can use to watch IPL matches. Some of the most popular ones include Disney Hotstar, Sony Liv and Willow TV.
Bonuses and promotions are great for betting
IPL betting sites with highest bonuses can be easily found by Indian players online. This is perhaps one of the main reasons why online betting in India has massively grown over the years. A good bonus with nice wagering requirements can do so much for your IPL betting experience.
This is because you will be able to place your bets without losing any of your money. So don’t ignore that bonus offer dangling on your screen. Instead, take some time to check what it’s all about. Who knows? Maybe it will lead to a massive win.
There’s a quick bet feature
Bookmakers are always adding new features to make it easier for their customers to bet. The quick bet feature is among the few features that have been introduced and we don’t think it’s great for beginners. This feature allows you to place a bet with the click of a button.
The bookmaker’s software will randomly select an outcome for you, and submitting the bet slip will be the only thing left to do. Although this feature may sound good if you’re in a hurry, we urge you not to use it. Instead of placing a quick bet, do thorough research on the teams and players as we’ve mentioned earlier in the guide.
By doing this, you’ll improve your skills and place better bets in the future.
The bookmaker’s choice isn’t always the winner
Because you’re new to IPL betting, you may become tempted to pick the bookmaker’s favourite. After all, you’ll see the low odds and think that that outcome has the highest chances of coming true. We’re here to tell you that this is often not the case.
Bookmakers place their odds with the help of experienced bettors who help them predict which outcomes are likely to win. This however doesn’t mean that all their choices are correct. Underdogs also win. So choose wisely.
Cricket analysis websites may be wrong
You will find countless IPL predictions from cricket analysis websites. These predictions may say that a particular team will win and they may also provide a detailed explanation as to why they’ve come to that conclusion.
These predictions are helpful when you’re trying to compare teams and their performances. However, do not blindly trust them. Read these predictions but also do your own research to ensure you choose the very best outcome.
There are responsible gambling tools available
Feel free to use the responsible gambling tools available if you find yourself betting more than usual. Time limits and bet limits are offered by many Indian bookmakers and they can help put your betting habits under control.
Final Verdict
There are so many things you need to know as an IPL betting beginner. From the teams to the players, you will always have something to watch out for. Still, don’t forget that betting on the IPL should be a fun experience.
So support your favourite team, have fun and don’t forget to only register at licensed Indian betting sites.