In 2008, the IPL was founded for the first time. The tournament consists of 10 teams representing 10 Indian cities. It is played in a Double Round Robin format where each team plays the other twice, once at home and once away. The four top teams will be invited to the playoffs. They will play two qualifiers, one elimination round and one final.
The IPL is often credited with bringing back Indian cricket’s popularity and flavour. It has become the most visited cricket league in the world. The online IPL betting attracts some of the most prominent cricket players in the world.
It is interesting to see that sponsorship for the IPL has been highly sought-after. The DLF was the main sponsor between 2008 and 2012. They paid INR 200 crore ($36 million) for this sponsorship.
PepsiCo purchased the contract in 2013 and paid a staggering INR 400 crore. The contract was terminated in 2013 due to spot fixing scandals. VIVO took over the contract and paid INR 190 million to complete the two remaining seasons.
VIVO was awarded the sponsorship for continued sponsorship for 2017 through 2022 at a staggering INR 2200 crore ($310 Million). This sponsorship is one of the most costly in sports history.
A Guide to Find the Best Betting Site on the IPL
In order to discuss the IPL, we first need to examine the process of beginning online wagering for the IPL. This involves discovering the ideal IPL gambling site, creating an account, depositing funds, and exploring the wagers that are available for the IPL.
When selecting a betting site, IPL bonuses are not necessarily the primary factor to consider, however, they do provide an additional reward. During the IPL, you may find some great offers such as bet boosters, cashout offers, accumulator boosts, and special betting tournaments.
No matter your grounds for selecting a certain cricket betting website, we want to guarantee that you gamble securely, have access to the best betting options, a vast selection of markets and a thorough coverage of IPL matches. This entails the opportunity to stake live on the games and, if possible, watch the matches live through your elected betting website.
We ask ourselves the following when determining the finest IPL gambling sites:
- Is it reliable to gamble on this website?
- Is the Indian Rupee an accepted currency?
- Are there good odds and various betting options?
- Is there a live streaming feature?
- Are there any special offers for IPL?
- Are deposits and withdrawals easy to do?
Best 7 IPL Wagering Platforms
Below is a compilation of what we consider the top seven IPL gambling websites:
- Betway – Numerous IPL gambling markets accessible;
- Parimatch – Impressive betting app and in-play betting opportunities;
- 10CRIC – Optimal IPL incentives for Indians;
- 1xBet – Extensive choice of deposit and withdrawal options;
- Fairplay – Competitive odds and welcome bonus;
- Dafabet – Easily located live streams and asian handicaps;
- Bet365 – Most esteemed reputation among online betting sites.
The top choices we have listed here all have their own advantages, and their ratings are so similar that it is hard to tell where they belong. You can’t go wrong with any site.
Creating Account and Depositing
After you have chosen your IPL betting website, you need to create an account before placing any bets. Many betting sites allow you to open an account in the same way as other casinos:
- Click the Register or Sign Up button;
- Select a Username or Password;
- Please enter your personal information (email address, currency, etc.);
- Confirm your details. Often, a confirmation email will be sent to you;
After you have confirmed your email address, your account can be accessed. This is the moment you can make your first deposit:
- Visit the cashier;
- Choose your preferred bank option;
- Choose amount to deposit;
- Please enter the details required for your deposit method (ID number, credit card number and email address, bank account number etc.);
- Your funds will usually be available immediately, but there are some deposit options that may take longer.
These are the most popular deposit options:
- Visa, MasterCard Credit Cards;
- E-Wallets (Neteller, Skrill, ecoPayz);
- Prepaid cards (AstroPay and Paysafecard);
- Cryptocurrencies (Bitcoins, Litecoins, Ethereum, etc.;
- Transfer to the bank;
- Instant banking.
There are many options available. Before you sign up to an account, make sure you read our reviews and review the banking information of any betting site. After signing up, it would be frustrating to discover that you do not have a convenient deposit option.
Place Your Bets on IPL
Many betting websites offer very similar or identical betting options. First, search for the cricket markets at your betting site. Next, select the match that you wish to place a bet on. Then, you will see all the available betting options. One bet can be chosen and placed on your betting slip. You can also choose multiple bets and place them all together or as an accumulator. These are the most popular IPL bets that you’ll find:
- Match Winner;
- Match Handicap;
- Coin Toss Winner;
- Top batsman;
- Top Bowler;
- Total Wickets;
- Performance of the Player;
- Highest Opening Partnership;
- Total Ducks;
- Total Maidens;
- 1st over Total Runs;
- Total Fours/Sixes;
- Man of the Match.
While personal preferences can sometimes dictate your decision, the best bet is one that is based on knowledge and experience. The odds of finding a profitable bet are higher if the market is more well-known. However, this does not necessarily mean that the odds are better. If you look at niche markets, the house edge is higher, but there are more chances to make good bets.
These bets cannot be modified once the match has started. You can also place in play bets, as long as the match continues.
Preview of IPL Betting 2023
IPL 2023 is just around the corner, and the auction saw some very significant changes. We expect that the competition will be more intense than ever. All ten teams appeared to be quite strong. The IPL has an unofficial window in the international calendar. While you might see the same team jerseys in other competitions, like the IL T20 and SA 20, nothing can match the magic of the Indian Premier League.
These are the changes, and we provide an analysis on how they might affect cricket betting on IPL2023.
IPL 2023 will follow the same format as IPL 2022, except that each team will play against one another twice. This is in contrast to previous years. The teams will be divided into two groups. They will look like the following if the same criteria are used as last year to make the groups:
- Gujarat Titans;
- Lucknow SuperGiants;
- Delhi Capitals;
- Kolkata Knight Riders;
- Chennai Super Kings.
- Rajasthan Royals;
- Royal Challengers Bangalore;
- Punjab Kings;
- Sunrisers Hyderabad;
- Mumbai Indians.
Each team will face the opposing team twice, the four opposition teams once and the one in the opposite table twice. MI will play SRH and PBKS twice. It will also play KKR and DC as well as LSG, GT, and GT once. It will also play CSK twice.
All matches in IPL 2023 will be played at their home ground. IPL always strives to spread the game’s base by using smaller centres. This is likely to be true for venues like Jamshedpur, Raipur and Dharamshala.
Betting Impact: Conditions at different venues in the country can vary greatly. In Mumbai, you might have great batting conditions but in Chennai, it may be difficult to find a wicket. It is important to consider the characteristics of each venue when assessing a matchup.
Is IPL betting legal in India?
Online betting on the IPL is permitted in India. There is no law prohibiting punters from India.
Which IPL betting site is best?
It all depends on what you’re looking for. Betway is one of the most popular sites. 10CRIC has the best promotions for punters from India. Bet365 offers the best odds and live streaming.
Is there a place where I can watch the IPL live?
Star Sports purchased the rights to the IPL 2023 broadcast on television. Viacom 18 purchased the digital rights to stream the matches online during the last media rights auction. Live streaming is also available on betting sites like Bet365 and Dafabet for many tournaments and cricket matches. You can also check availability at these sites.
When will the IPL 2023 take place?
The IPL is officially scheduled to take place between March and May each year. We do not have an official announcement, however, it is expected to run from the last week of March till the last week of May.