The 15th edition of the Indian Premier League is set to begin on March 26th and will last until May 29th. The opening match key for this year’s IPL series will be played in the Wankhede Stadium in Mumbai. This year, the Board of Control for Cricket in India has decided to add two new teams, Ahmedabad and Lucknow. The edition of these teams has made the tournament that much more interesting to cricket fans and punters alike.
Cricket is the most popular sport in India, and betting on cricket has been around for a long time. That’s why each year, thousands of punters flock to top offline and online bookmakers to bet on cricket. With IPL, since international players are involved, punters from all over the world take part in sports betting to get a chance to win big. Here’s all you need to know about betting on the Indian Premier League.
What Is The Indian Premier League?
The Indian Premier League is a top-notch professional men’s cricket league that plays matches on the Twenty20 format. The league was founded by the Board of Control for Cricket in India (BCCI) in 2007. The IPL league is usually held around March each year, and around 10 teams participate in it. IPL is the most-watched cricket league globally, and to date, there have been a total of 14 seasons of the league.
The reason for its popularity is the inclusion of top international players in the league that attracts an international audience. At its inception, the league had 6 teams which were later increased to 8 in 2010 during its fourth season.
What Is The Format Of IPL?
With the 8-team format, in the league stage, each team played each other twice in the home-and-away round-robin format. After the end of the league stage, the top four teams would qualify for the playoffs.
After the playoffs, the two top teams would play against each other, and the winner would reach the finals while the runners-up get another chance to reach the finals by playing in the second qualifying match.
Before the second qualifying match, teams that ranked third and fourth play against each other. The winner then plays the runners-up in the second qualifying match. Whoever wins the second qualifying match gets a chance to play the finals.
Since the addition of two new teams in the 2022 series, the format has changed a bit. Instead of 2 groups of four in the league stage, there will be 2 groups of five. The rest of the format remains the same, with the playoffs consisting of the top four teams.
IPL Points And Retention Rules
Each team is awarded two points for winning a match on the league stage while the losing teams don’t get any points. In case of a draw, both teams get 1 point. At the end of the league stage, the four teams with the highest points move forward to the group stage.
The same rules apply to the group stage, and two teams with the most points go to the first qualifying round while the 3rd and 4th highest points play the eliminator stage.
Apart from that, the league has a specific player retention system that determines the ratio of international players in the league. Each team must keep at least three Indian players and two foreign players, with the total retentions not exceeding four.
The Top Teams Playing In The IPL
Almost all of the teams in IPL have seasoned players, but some teams outshine the rest. Take a look at the top teams of IPL that’ll make it easy for you to place winning bets.
Chennai Super Kings
Chennai Super Kings have been one of the top teams in IPL since its inception. The team has won the IPL title four times and has the highest win percentages among all of the teams. Not only that, but they also hold the record of the most appearances in the playoffs and the finals. Apart from that, they have also won the Champions League Twenty20 twice.
Currently, they’re the defending champions; however, their bowling attacks seem to have gotten weaker after the departure of Deepak Chahar. But they have successfully retained most of their original team, so the team looks promising.
Mumbai Indians
Mumbai Indians is another top team in the league and have won three IPL titles, the first in 2013, the second in 2015, and the third in 2017. The team also won the 2011 Champions League Twenty20 after defeating Royal Challengers Bangalore by 31 runs. Given the team’s history, it’s quite popular among IPL bettors and is often the choice for new punters for easy wins.
Currently, the team has a strong core being led by Rohit Sharma and including Jaspirit Burmah and Ishan Kishan in the lineup. Their spin-bowling department is a little weak, but Ishan Kishan and Tim David make up for it with their experience as explosive hitters.
Kolkata Knight Riders
Kolkata Knight Riders hold the record of having the longest winning streak by any Indian team. Their first IPL win came in 2011, and they once again became champions in 2012 after defeating Chennai Super Kings. Their third win was in 2014 against the Kings XI Punjab. Not only that, but their brand value is among the highest among all the IPL franchises.
Right now, they have a great batting lineup after the addition of Shreyas Iyer. However, their bowling lineup is a little weak due to limited options and Pat Cumming being busy with international cricket.
Sunrisers Hyderabad
Sunrisers Hyderabad started out a little late and made their first appearance in IPL in 2013 when they qualified after finishing fourth. The team won their first IPL title three years later by defeating Royal Challengers Bangalore by just 8 runs. In 2018, they reached the finals but lost to Chennai Super Kings. Sunrisers Hyderabad has one of the best bowling lines in IPL, and they have never been shy to use their fast-bowling options for winning matches.
Currently, their weakest point is their batting as they don’t have any strong Indian batsman and the fitness of Kane Williamson is on the decline. But as always, the team can still manage wins by utilizing their strong bowling line, including Bhuvneshwar Kumar and David Warner.
Tips And Tricks To Win IPL Betting
Understand The Betting Lines
Prop Bets
Prop bets are popular among cricket bettors. These bets are not directly related to the outcome f the match, but these are more focused on the performance of the teams. Prop bets include options regarding individual players. For example, will players complete their half-century, or will the fielder get any run-outs in the game?
These bets are not easy to win, but they usually have higher payouts. If you’re an avid cricket fan and know all about the players, it won’t be hard to place winning prob bets, but it’s better to pick easier betting lines if you’re a novice.
Moneylines
Moneyline bets are probably the easiest bets and are a good option for new punters. All you need to do in these bets is predict which team will win the game, and you’re set. The bets have two options; favorites and underdogs. Favorites have a higher chance of winning while the underdogs give you more money. But you should only bet on underdogs when the team is exceptional, otherwise, you should stick to favorites.
Over/Under Bets
In over/under bets you need to bet on the runs by which a team will win. Like Moneyline, there are the underdogs and favorites, and the favorites have a higher chance. The bookmaker allows some points to each team, and you have to guess by how many points will help the winning team win and vice versa for the losers.
Futures Bets
In future bets, the wagers are placed on events that can happen in the match, but that doesn’t have much effect on the outcome of the match. For example, which position a particular batsman will appear, or which bowler will go first. These bets are easy if you know the team’s playing style.
Total Fours And Sixes
As the name suggests, these bets predict the total number of fours and sixes in a match or the innings. You can bet on the combined score of both teams, the individual teams, the players, or even per innings.
Live Betting
Live betting is becoming quite popular among cricket fans, and many leading bookmakers have introduced the option of live betting. In live betting, punters are required to watch the match closely and bet on an event that can happen. These bets are quite fast-paced, and the results are available quickly too.
Research The Teams Well
The most important thing you need to do when betting on IPL is researching the teams. Since the players can be changed, it changes the dynamics of the team and can seriously affect their performance. Most people make the mistake of sticking with only one team, and that can cause them to miss out on interesting wagers. You need to research the performance of at least the top four teams and use that information to make multiple well-researched wagers.
Select Authentic Bookmakers
This is one of the major issues when it comes to betting on IPL. Since the regulations regarding online betting aren’t that great in India, it leads to numerous scam sites being operated during IPL. These websites fool bettors and steal their money. So make sure whichever betting site you pick it should have the proper license and permit to operate in your region. You should also check their reviews to get an idea of their services before spending any money.
Don’t Make Too Many Bets
The most common mistake new bettors make is not limiting their bets. While it’s true that you’ll have higher chances of winning if you make multiple bets, that can only happen if the bets are well researched. New bettors don’t have the experience to pick such bets, and that’s why they end up losing more money than they intend to.
A good way of avoiding this is by managing your bank. You won’t be able to lose money if you don’t spend a lot, to begin with. That’s why also set a budget beforehand and not go beyond that. The second thing you can do is make sure you place fewer bets and test your prediction skills.
Don’t Stick To One Website
When it comes to big events like IPL and the likes, betting sites are the first ones to release their promotions, and if you stick to only one site, you can miss out on other good opportunities. You should always bet on a few different sites to avail of free bets, bonuses, and deposit matches. This will allow you to spend less money and introduce you to different betting odds.
Don’t Let Emotions Get In The Way
One way to ruin our betting experience is by involving emotions. A lot of new bettors end up losing big due to this. They think that one more bet won’t hurt their account, but at the end of the day, that one bet has turned into 10. Managing your bank is a good way to avoid this, but you should also refrain from just betting on your favorite teams. That’s because when it comes to favorite teams, there are emotions attached. This is why many punters bet it all on one team, and when that team loses, they’re left with nothing.
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