Do you enjoy watching every match of the IPL league? Do you watch the performance of your favourite cricket team and love to place bets on the Indian Premier League?
Please keep in mind that without research and dedicated efforts, you cannot succeed with your IPL betting. You have to analyze the current betting rate of IPL to win your bets.
No matter you place a small or big bet, you need to understand the IPL betting rates. The betting rates will help you in making correct IPL bet predictions. If you don’t have much experience in understanding the IPL Betting rates, don’t worry. We will guide you on this.
In this article, we will cover some tips on different betting odds or rates for online cricket betting in India. We have also given a detailed description of each kind of bet that you can place during a cricket match and the odds associated with them.
Finding the right website for cricket IPL betting is a difficult task and hence we want to make the process easy for you. In the article, we have also suggested some of the trusted cricket betting sites and IPL betting apps so that you don’t have to worry about getting duped.
IPL betting rates are the odds offered by a bookmaker for a particular match, the winner of the IPL season, or the prop wager. We are now going to explain different types of betting odds for IPL.
Moneyline Odds
The correct prediction is essential for wagering on IPL matches with Moneyline odds. You need to identify the team that will win the tournament.
American odds indicate the symbol adjacent to the number, and it denotes the favourite and underdog teams.
For instance, Mumbai Indians with odds of -400 can beat KKR that has an IPL betting rate of about +200.
Here, the (-) negative symbol indicates that Mumbai Indians is the favourite. By placing a bet with INR 400 you will receive INR 100.
Conversely, KKR is an underdog denoted by the positive symbol. Therefore, you will place a bet of INR 100 to win INR 200 for KKR.
Decimal odds involve decimals. Therefore, for the above scenario, the decimal odds for Mumbai Indians is 1.25, while for KKR it is 3.00. The smaller number denotes the favourite team, and the larger number denotes the underdog team.
All major betting websites provide the conversion of odds to your preferred betting rate.
Match Handicap
Although it is similar to spread betting, it has a difference. In the world of cricket betting, you have to set the handicap after the first innings of the team batting first is complete.
If the first team scores 150 runs in 20 overs, the handicap can be +16.5 for the team batting second and chasing the target. Similarly, it will be -16.5 for the team that has already scored 150 runs.
Futures Betting
You have to guess the winner of the overall IPL season. These betting rates will be available once the teams have been announced which is set to happen in February 2021. Throughout the season, you can find variations in odds as teams win and lose the games till the Playoffs are decided.
| Winner | Odds |
| Chennai Super Kings | 5.25 |
| Mumbai Indians | 5.50 |
| Sunrisers Hyderabad | 6.00 |
| Delhi Capitals | 7.25 |
| Royal Challengers Bangalore | 8.00 |
| Kolkata Knight Riders | 8.50 |
| Rajasthan Royals | 10.50 |
| Kings XI Punjab | 11.00 |
The above data shows the IPL betting rates for all the teams for the year 2020.
Mumbai Indians and CSK were the favourites last year and we saw that Mumbai Indians took the title of the winner just like the year before. Sunrisers Hyderabad was the next favourite team that also did pretty well during the season.
This can show that predictions of the odds can help you in deciding your bets so that you have the maximum chance of winning.
Live Betting
With the use of betting apps, it has now become easy for players to enjoy in-play betting. You need to place your bets during the IPL matches. You have to predict the possible scenarios that might happen in the live game. You can place bets for various things like will there be a wicket in the 1st over, how many runs will be scored in the Power Play, etc.
Props Betting for IPL bettors
Do you know how Prop Betting works?
Proposition IPL betting rates refer to the act of wagering on gaming aspects not related to the outcome. For instance, you may bet on:
- The overall team
- A particular player/ team
- An event happening during the IPL match
As you have chosen prop bets, we have to look for the relevant IPL cricket-betting rate. Have a look at some of the prop bets.
Man of the Match
It is about the player who performs best in a match and receives the Man of the Match award. Thus, as a bettor, you need to predict the player who will win this award.
The Toss Winner
Bettors have to bet on the team winning the toss before the beginning of the match.
Top Team Batsman
You may bet on the highest-scoring batsman from each of the teams. Check out for the IPL cricket betting rate to place this bet.
Top Team Bowler
The best bowler is the one who has taken the highest number of wickets during the current IPL match. Predict this bowler with your knowledge.
Scores in First Innings
At betting sites, you can find odds for the number of runs scored in the first innings. Your betting can be over or under this limit.
Century in the Match
This is a Yes/No type of bet where you are betting if any player will score a 100 in the entire match.
First Wicket
In this bet, you can bet on the dismissal mode for the 1st wicket. It has betting rates of 6 options including Runout, Caught, Stumped, Bowled, LBW, and others.
You are surely going to love placing bets on these IPL gaming aspects to have more fun and excitement. Aren’t you?
Other Questions You Might Have
Here are the steps you should follow for betting on IPL 2021 matches:
– Create an account on one or more betting sites.
– Deposit money into your account.
– Find the IPL match you want to bet on.
– Check the odds of the match.
– Select the team, player, or over you want to bet on.
– Add the required amount and other details in the Betslip and submit.
The bookmakers will determine the betting rates based on two factors including the probability of each outcome and their margin. The probability will be a win for team A or B or a draw. The margin is the profit the bookmakers take, which can be anywhere from 105% to 107% or even more.
Yes, all players over the age of 18 can register on a sports betting website and place bets on the IPL matches. A lot of Betting websites let the players bet on IPL matches – in advance or even Live, from their computers and mobile apps too.
Bettors can win rewards and cash while betting on the IPL matches. However, there is no surety of this win. You will need good tips, strategies and some decent knowledge of betting odds, to improve your chances of winning.
Now, have you decided on placing your wager on IPL betting?
Then, look out for betting rates on today’s IPL match. We have chosen the most reliable betting sites for IPL cricket bettors. You may find differences in the odds on different sites. You have to apply your skill and knowledge about current trends to make the right prediction.
Betting rates/odds will ensure a higher chance of success in your bets. Moreover, you must watch the latest cricket news to get updated information about IPL tournaments.
