Indian Premier League Betting Sites

Founded in 2007, the Indian Premier League is the most popular cricket league
in the world. Not only does it boast higher average attendance numbers than any
other cricket league, but it’s the sixth most-attended professional sports
league overall. The association, which was founded by the Board of Control for
Cricket in India, is composed of 8 teams, each consisting of 18 to 25 players.

The type of cricket played in the IPL is called Twenty20. This is a form of
the game that was established to speed up the contests and make the sport
friendlier for television viewing. Rather than have matches last days, Twenty20
competitions tend to be completed within 3 hours. This fast-paced version of the
classic gentleman’s sport is recognized by the International Cricket Council
(ICC) and has successfully spread cricket throughout the world.

In 2017, the Indian Premier League sold their broadcasting and digital rights
for $2.55 billion over the course of 5 years, making it one of the world’s most
lucrative leagues. As its popularity has grown over the past 10 years, so has
the fan’s desire to gamble on the outcome of games. Today, there are numerous
betting sites with a wide array of wagers available on each contest.

Here Are the Best Online Sportsbooks for IPL Betting:

Rank Gambling Site Deposit Bonus Get Started
#1 [LOGO_ALT]
Bovada Sports
50% Up To $250 Visit Site  
#2 [LOGO_ALT]
BetOnline Sports
50% Up To $1,000 Visit Site  
#3 [LOGO_ALT]
MyBookie
50% Up To $1,000 Visit Site  
#4 [LOGO_ALT]
BetNow
50% Up To $1,000 Visit Site  
#5 [LOGO_ALT]
Intertops
100% Up To $500 Visit Site  

The websites above represent the best online sportsbooks to use when betting
on Indian Premier League cricket. Our experts have researched the best the web
has to offer to provide you with the safest, most reliable, and trustworthy
online betting sites. The rest of this guide will briefly cover the history of
the IPL, the league’s organization and 8 current teams, and terminologies to
help acquaint beginners with the sport.

Additionally, this guide will provide the rationale behind the recommended
sites that we have chosen and share the criteria that you should always consider
when finding an online sportsbook. Finally, we will discuss some basic betting
tips to get you started on an exciting adventure into this fascinating sport’s
top league.

Important Factors When Choosing a Betting Site

Safety

Regardless of the sport or league, when gambling online, it’s always most
important that you sign up with a safe, legitimate site. Online sports betting
is a pastime enjoyed by millions of people to the tune of billions of dollars
wagered per year. There’s too much money at stake for unethical bookmakers and
website scammers to possibly pass up the opportunity.

In a sea of online sportsbooks, there are many operations out there that
exist solely to rob you of your money. Luckily for you, these scam sites are
easy to avoid if you just pay attention. The fact that you’re on this site is
already a good sign. Our team of experts is continually reviewing and vetting
online betting sites to ensure that any place we recommend to you will offer a
reliable and trustworthy experience.

History and Reputation

One way you can gauge the legitimacy of an online sportsbook is by studying
their past. A website with a history of unsatisfied customers will leave a trail
of negative reviews and horror stories online from which we can learn. There are
also many services out there that manage blacklists for betting sites that are
found to behave in unethical or unacceptable practices.

Many websites will find themselves blacklisted due to unreasonably long
withdrawal timelines, unfair odds, or ridiculous payout limits. These gambling
operations will either set the withdrawal limit extremely low, to make getting
money from your account a painstakingly long process, or totally ignore payout
requests. They do this so that you will grow impatient and continue betting with
the money in your account rather than taking it out.

We want our readers to enjoy gambling on Indian Premier League cricket
without frustrations or hassle. For this reason, we heavily consider an online
sportsbook’s reputation and history before passing them along to you.

Banking Options

When choosing a betting site, having a full range of banking options is
preferable. Depending on where you live, how online sports betting is legislated
will vary from region to region. Some governments have made it illegal for
financial institutions to processes transactions involving gambling websites. In
these situations, like in the United States, you may require more elaborate
banking methods such as Bitcoin.

While having a multitude of options is best, what’s really important is that
you find a site that caters to your preferred type of transaction. If you plan
to use an e-wallet or credit card exclusively, choose a sportsbook that accepts
or specializes in those methods. Sometimes websites will specialize in a single
payment type, most commonly Bitcoin. The great thing about betting with these
sites is they usually have faster than average payout speeds for their
specialty.

Customer Service

Researching a website’s customer service capabilities before depositing money
is always an intelligent decision. Have you ever had an issue with an order or
service, only to find that there’s nobody to help resolve it on their end? It
can be incredibly frustrating and completely ruin your customer experience. You
can significantly reduce the probability of this happening to you by taking a
few precautionary measures before you make a single wager.

First, identify the customer service section of the online gambling site.
This should be clearly labeled and linked to, but they can occasionally be more
difficult to locate. Once on the customer service page, there are a few things
you should check. Most companies will have a frequently asked questions section
to help solve everyday problems.

Next, find the contact information. A quality customer service department
should have several ways of reaching them. The must-haves are a telephone number
and email address. Preferably the site will have some kind of instant messaging
help-chat as well.

Last, test the various contact methods to verify that they work and are
regularly monitored. Call the phone numbers and confirm that they are answered
and for the proper company. Send a general inquiry to the email address and make
a note of how long it takes to receive a response. You can even test out the
instant messaging feature. If a site passes these tests, you can sign up with
more confidence that any future issues you may have will be resolved swiftly.

Licensed and Regulated

In regions where operating online betting sites is illegal, you will have to
access offshore options instead. If that’s the case, you’ll want to identify
what jurisdiction the website is hosted from and confirm that they are licensed
and regulated. But be warned, not all gambling licenses are created equal. While
some authorities take their regulatory responsibilities very seriously, others
merely sell permits without any oversight.

The jurisdictions below are known for their stringent regulations and
effective consumer protections:

  • Alderney
  • Antigua and Barbuda
  • Gibraltar
  • Isle of Man
  • Kahnawake
  • Malta

Fast Payouts

The funds sitting in your online sports betting account are still your money,
and you should be able to access them as needed. Plus, several unethical
gaming-business practices revolve around withholding payouts, so the faster the
payout, the more likely the website is safe. Quick withdrawal times can also
provide insight into the inner workings of the corporation and their financial
health.

Processing withdrawal requests take a larger team of people. A site that is
willing to staff their customer service department adequately enough to deliver
quick payouts will most likely resolve other issues more speedily as well. Also,
to achieve the fastest payout speeds, the company will need to have large sums
of money sitting in an account for each payment method.

Taking money from a central account and transferring it to PayPal or Bitcoin,
for instance, would take several days, and that’s before sending the money to
the customer. To expedite the process, they keep each type of payment funded,
then just send the money from those accounts to the customer. An online gambling
operation with the capital to offer multiple methods of fast withdrawals is most
likely in good financial health.

Good Bonuses and Loyalty Rewards Programs

A unique benefit of gambling online is access to numerous bonuses and rewards
programs. Almost every online betting site offers some kind of sign up or
deposit bonus, if not both. These entry bonuses are designed to let you try the
games before betting real money and to incentivize you to deposit your money
with their site.

Sign up bonuses given before depositing money typically come in the form of
free bet credits. While you won’t be able to win money or withdraw these funds,
they do give you the opportunity to test out the website. Deposit bonuses are
usually delivered by matching a percentage of your first deposit, sometimes to
the tune of 200-300%. But be careful, entry-level prizes always come with many
strings attached; you may be better off declining them.

Loyalty rewards programs are more valuable. These are gifts given to
customers in exchange for their consistent patronage. Depending on how much
money you wager, and how often, the rewards can be varied in significance. The
average, relatively-consistent gambler can look forward to receiving cashback on
a percentage of their losses or merchandise, while high-rollers may receive
anything from vacations to vehicles.

A Timeline of Indian Premier League History

2007

Zee Entertainment Enterprises creates the Indian Cricket League. This new league is not recognized by either the International Cricket Council or the Board of Control for Cricket in India. In response, the BCCI imposes lifetime bans on players that jump to the new league while increasing prize money for domestic competitions.

On September 13, the Board of Control for Cricket in India establishes the Indian Premier League, a professional league that will play Twenty20 cricket.

2008

An auction is held to decide who will own the 8 franchises. The total amount spent is $723.59 million.

The cities receiving teams will be Bangalore, Chennai, Delhi, Hyderabad, Jaipur, Kolkata, Mohali, and Mumbai.

The Indian Cricket League folds.

2010

It is announced that the league will expand before its fourth season. Two new franchises are added, the Pune Warriors India and the Kochi Tuskers Kerala.

2011

The newly formed Kochi Tuskers Kerala squad is terminated due to a breach of terms and conditions.

2012

The 2009 champions, the Deccan Chargers, fold after being unable to secure new ownership.

An auction is held to determine a replacement team for the Chargers. Sun TV Network wins the bid and establishes the Sunrisers in Hyderabad.

2015

Two teams are suspended for 2 years apiece following a match-fixing scandal. Two-time champs, Chennai Super Kings, and the Rajasthan Royals are sent on hiatus.

Another auction is held to decide who will replace the suspended sides. The Rising Pune Supergiant and Gujarat Lions are founded.

Indian Premier League Schedule and Format

League Phase

The Indian Premier League season is broken into 2 phases. The first is
organized as a round-robin tournament in which each team plays every opponent
twice, once at home and once away. Two points are earned for every win, and one
point is given to both sides when a contest ends with No Result.

At the conclusion of the double round-robin tournament, the 4 sides with the
most points advance to the playoffs.

Playoffs Phase

This is where things get interesting. First, is a match called the “Qualifier
1.” This contest is played between the top 2 teams in the standings. The winning
team automatically advances to the championship. The loser, however, is not
eliminated.

The third and fourth-ranked teams face off next in a match titled
“Eliminator.” The losing team is eliminated from the playoffs. The squad that
wins the Eliminator must face the side that lost the Qualifier 1. This contest
to decide who the second entry into the finals will be is called “Qualifier 2.”

The winners of Qualifier 1 and Qualifier 2 then play each other in the final
match. The winner is crowned Indian Premier League champion.

Glossary of Basic Cricket Terms

B
Bail The bail are the 2 tiny pieces of wood that lie on top of the stumps, to form a wicket.
Boundary The boundary is a piece of rope that marks the perimeter of the ground. A ball that rolls past the border on the ground is worth 4 runs. A shot that flies over the boundary in the air is worth 6.
Bowled When the delivery (the ball that is “bowled”) hits the stumps, in turn removing the bails. This results in the batsman being dismissed or “out.”
Bowler The bowler is the player that delivers the ball towards the batsman. The equivalent would be a pitcher in baseball.

C
Catch / Caught When the batsman hits the ball into the air and a fielder catches it without it ever touching the ground, the batsman is dismissed. This is the most common form of dismissal in high-level competitions.
Century When an individual batsman scores 100 runs. A century is a significant achievement for a batsman.

O
Out Another word for a dismissal of a batsman.
Overs When a bowler delivers 6 consecutive legal balls.

S
Stump The 3 vertical posts that compose the wicket. There’s an off stump, middle stump, and leg stump.

T
Tea The break between innings.
Twenty20 A faster-paced form of cricket that shortens the game from multiple days to 3 hours. Each team has 1 inning limited to a maximum of 20 overs.

W
Wicket A wicket is the entirety of the combination of stumps and bails. It’s also a term for the dismissal of a batsman.

Indian Premier League Teams

Mumbai Indians

The Mumbai Indians is one of the founding members of the IPL, established in
2008. With 3 Indian Premier League titles and 2 Champions League Twenty20 wins,
Mumbai is the most successful franchise in IPL history. Their home matches are
played at Wankhede Stadium, which seats 33,108 supporters.

The Indians are one of the most-watched IPL teams, totaling 239 million
viewers in the first and last seasons of the Premier League. The team motto
translates to “We will rock the world,” and their jersey color is blue with
golden stripes.

Royal Challengers Bangalore

The Royal Challengers were founded in 2008 as one of the inaugural 8 Indian
Premier League teams. The team, owned by United Spirits, derives their name from
a liquor of the same name that is produced and sold by the owner’s corporation.
They play at M. Chinnaswamy Stadium, which holds 40,000 supporters.

The Royal Challengers’ colors are red and golden yellow. They have never won
the IPL or Champions League.

Sunrisers Hyderabad

The Sunrisers were founded in 2012 as a replacement for the failed Deccan
Chargers. They won their first, and only Indian Premier League title in 2016.
The Sunrisers are located in Hyderabad, where they play at Rajiv Gandhi
International Cricket Stadium, in front of a capacity crowd of 55,000 fans.

The team is owned by Sun TV Network, India’s largest media entertainment
company. They wear orange, red, and black jerseys.

Kolkata Knight Riders

The Kolkata Knight Riders are owned by famous Bollywood actor Shah Rukh Khan
and actress Juhi Chawla. They are one of the 8 original Indian Premier League
teams. The Kolkata side wears purple kits with yellow stripes and plays at Eden
Gardens which holds 68,000 attendees, making it the largest cricket stadium in
India.

The Knight Riders have won the IPL title twice, in 2012 and 2014.

Kings XI Punjab

Kings XI Punjab was founded in 2008 as one of the original 8 members of the
Indian Premier League. The club is located in the city of Mohali, where they
play their home matches at PCA Stadium, which accommodates 28,000 supporters.
Their colors are white and red.

Kings XI have yet to win an IPL title. Their best season came in 2014 when
they finished runner-up to the Kolkata Knight Riders.

Rajasthan Royals

The Rajasthan Royals were created in 2008 as one of the initial 8 franchises
that started the Indian Premier League. They play in the city of Jaipur,
Rajasthan at their home grounds Sawai Mansingh Stadium. The stadium has a
seating capacity of 23,185.

The team colors are blue and gold. They also have a team mascot, which is a
lion named Moochu Singh. In 2015, the Royals received a 2-year ban from the IPL
as a result of a match-fixing scandal. They’ve won the IPL title once, in their
inaugural season in 2008.

Chennai Super Kings

The Chennai Super Kings are 2-time Indian Premier League title winners as
well as 2-time Champions League Twenty20 winners. The team is part of the
original 8 IPL franchises and boasts the best winning percentage of all the
clubs in the league.

The team wears yellow and sky blue and plays their home matches at M. A.
Chidambaram Stadium. Valued at roughly $67 million, they are the third most
valuable franchise in the league.

Delhi Daredevils

The Delhi Daredevils were founded in 2008 as the result of a winning auction
to become one of the 8 original Indian Premier League clubs. Their home grounds
seat 45,000 and are located in Delhi, India at Feroz Shah Kotla Ground, the
second-oldest cricket stadium in the country.

Their colors are blue and red. The Daredevils have never won the IPL title.
Their best finishes came in 2009 and 2012 when they finished in third place both
years.

Indian Premier League Betting Basics

Bankroll Management & Smart Staking

Before gambling on the Indian Premier League, decide how much money you could
comfortably afford to lose without impacting your life negatively in any way.
Once you’ve determined the amount, set that aside as your bankroll. Next, figure
out how often you’ll be betting and how long your bankroll needs to last. Divide
your bankroll by the number of contests you plan on wagering on, and now you
know how much money to stake per bet.

Organizing your finances before betting is what winning gamblers do. By
approaching this pastime with discipline and control, you can ensure that you
will have the means to bet every contest you desire to, without running out of
money. This is also a valuable skill to prevent getting into financial trouble.

Research Home and Away Records

Home field advantage can be a significant variable in cricket. However, some
teams are more affected by this phenomenon than others. Before placing your bet,
take the time to research both teams’ home and away records.

Once you have the results, compare the two teams’ tendencies and try to
predict the most likely outcome of the upcoming contest. Try to find scenarios
where an underdog home team with a substantial home-field advantage is matched
up against a more talented rival and grab the upset. Home and away records won’t
be the only determining factors in the match, but the more data you have
available to you, the more informed your choices will be.

Research Historical Matchups

Sports are just as much about the mental aspects of the game as the physical.
It can be worth your time to study the historical matchups between 2 teams.
Sometimes one side clearly has the other’s number. A long losing streak to the
same club may get into some players’ heads and impact performance.

A lopsided historical record between 2 teams could also mean a bad tactical
matchup or a discrepancy in coaching abilities. It may not always be valuable to
dig too far back in the past, but if a team is particularly dominant over
another, it’s worth factoring into your picks.

Bet for Positive Value

Do you know what the most significant difference is between gamblers that win
money over time and players that lose? The mindset with which they approach
sports gambling. When betting on the Indian Premier League, try to resist
predicting which teams will win their contests. Instead, study the lines being
offered and search for value.

A positive value is found when the actual likelihood of an action happening
is higher than the implied probability represented by the odds. The most
straightforward representation of this concept is hypothetically betting on a
coin toss. A coin only has 2 sides, meaning the probability of either heads or
tails landing is 50% for both.

But what if the sportsbook offered you -200 on heads, and +175 on tails?
Those odds don’t represent even probability as they should; otherwise, both
results would be provided at -100. In this situation, you have to bet on tails
no matter how confident you feel that the coin will land on heads next. You’re
getting underdog odds on a 50/50 bet! Even if you lose a toss or two, over time
you’re going to be way up on this bet!

Never Chase Your Losses

One of the cardinal sins of sports gambling is chasing losses. Occasionally
we all go through losing streaks that we just can’t seem to break out of. When
this is happening, it can be challenging to stay the course and stay
disciplined.

You start feeling like you’re “due” for a win since the math has been working
against you. Then you start placing more massive bets in an effort to recoup
your losses in a hurry. It may seem somewhat logical, but it’s the worst thing
you can do.

First of all, every bet is independent of the others, so a losing streak will
never mean you’re due for a change of fortunes. That’s called the gambler’s
fallacy. Also, you may be losing due to an error in your data analysis or
research process. If that’s the case, making more substantial bets is only going
to compound the problem exponentially.

When you see stories of people who lost their life’s savings, those are
frequently cases of chasing losses. Whatever you do, just stick to your staking
plan and bankroll management. If your handicapping is sound, the math will work
itself out. If not, then you know what to fix. Either way, throwing more money
at the problem is not the answer.

Types of Wagers

Futures Bets

Like their name would suggest, futures bets are wagers placed on outcomes
that will be decided in the future. Rather than gambling on a single contest,
futures odds are usually offered on things like “which team will win the Indian
Premier League title in 2018.” Because you’re dealing with large pools of
contestants rather than head-to-head competitions, the odds are offered as
fractions instead of moneyline.

Fractional odds are represented in fractions such as 3/1. This number would
be read as “three-to-one,” and means that a winning bet will receive 3 dollars
for every 1 dollar staked. The favorites to win the 2018 Indian Premier League
are the Mumbai Indians at 4/1 odds, while the Delhi Daredevils are a longshot
bet at 10/1 odds.

Moneyline Bets

Moneyline odds utilize positive or negative 3-digit numbers to represent
which team is favored, which is the underdog, and by what degree they are
uneven. Furthermore, the odds tell you what the payout will be if you bet.

A positive 3-digit number suggests that the bet is an underdog. You may see
something like Kings XI Punjab +250. This means that for every $100 you wager,
you will win $250. This only calculates winnings, not the total return. Because
you also staked $100, if you won this bet you’d receive $350 back in total.

A negative 3-digit value means that the contestant is the favorite. When
these bets win, the prize is less than the amount staked. For example, the
Mumbai Indians are -300 favorites over the Rajasthan Royals. We would need to
bet $300 just to win $100. The total return for winning the bet would be $400.

Totals

Totals bets allow you to wager on the amount of scoring by both teams
combined rather than choose a winning team. In cricket, a common totals bet is
“Total Runs in Over 1.” The line is then set at a totals value such as 5.5. You
then wager on whether the total runs in over 1 will be a number that’s higher or
lower than the total.

If you believe there will be less than 5.5 total runs in over 1, then you bet
on the “under.” If you believe there will be more, you bet the “over.” The
bookmaker uses the half-point to ensure that no bets will tie. Every wager that
is placed will fall on one side of the line or the other. The half-point is
referred to as “the hook,” because it hooks everyone onto a side.

Prop Bets

Prop bets are wagers that can be about absolutely anything. There are no
limits to what these bets may be about; they are only limited by the bookmaker’s
creativity. In cricket, there are some standard prop bets offered on most sites
for any given match.

Here are some prop bets that you may find when betting on the Indian Premier
League:

  • “Who Will Win the Toss?”
  • “Wicket in Over 1 – Mumbai Indians. Yes +300, No -450”
  • “Boundary in Over 1 – Team Name”
  • “Most Runs Outs”
  • “Will a 50 be scored in the match?”
  • “Will a 100 be scored in the match?”
  • “Method of 1st Wicket.”
  • “First Ball Outcome”
  • “Team to Hit the Most Sixes & Win the Match”
  • “Man of the Match”

As you can see, online sportsbooks will offer odds on nearly anything! A wide
range of creative prop bets can add quite a bit of entertainment value to your
gambling. However, you shouldn’t devote too much of your bankroll to proposition
bets. While they can be fun, they are much harder to handicap than other wagers.

In Conclusion

The Indian Premier League is the marquee cricket tournament in the entire
world. The Twenty20 cricket contest takes place during April and May of each
year and is consistently one of the most-viewed competitions in existence.
During this time each team will play each other twice, before advancing to the
playoffs phase, and ultimately deciding on a champion.

With the immense popularity of the IPL, it’s no surprise that people are as
enthusiastic about betting on the matches as they are about attending them.
Online bookmakers offer a wide range of wagers on the contests, including
everything from futures bets on the overall winner, down to the most obscure
prop bet on how the first wicket will take place.

When gambling online, several concepts hold true no matter what the sport.
For one, bankroll management and an organized staking plan are always essential.

Additionally, finding a gambling site that you’re comfortable with and can trust
is critical to enjoying your time betting online.

But before you make any deposits, make sure to do your research and test their customer service. It also
helps to read reviews written by former customers.

Betting on the IPL can be a thrilling, rewarding experience if done
correctly. The fact that you’ve found this website suggests that you’re on the
right path. Between the trustworthy recommendations compiled by our experts, and
the information shared in this guide, you should have a solid foundation on
which to begin your Indian Premier League gambling. Good luck!