There are three groups of people who are most excited when the Indian Premier League (IPL) begins: cricket fans, advertisers and bookmakers. For the fans, watching it is a passion-filled experience. But, now, they are no longer only spectators. IPL betting sites in India have added a whole new dimension, turning a mere watcher into an active match participant. Since its introduction in 2007, it has created a deep sense of loyalty in cricket fans towards their home states. Each team’s nomenclature and home stadiums added to a sense of belonging and ownership.
It is a shade different from other forms of cricket, but sports fans have wholly accepted the idea of short 20-over matches and the huge gambling opportunities they bring. Unsurprisingly, spectators have thronged towards IPL online betting to use their passion and knowledge to wager on their teams and rivals. Watching and betting on your favourite team brings a whole new level of exhilaration to every ball bowled, every over and wicket.
What are the Best IPL Betting Sites for 2023
Bettors are blessed to have such a wide choice of great online bookmakers. However, making that selection involves considering several factors, such as the odds, the special markets, and what types of offers and promotions go along with it. Underneath, you will find a list of the top online bookmakers to place your wagers, learning how does sports betting work.
How to choose among online bookies
When looking to sign up and join a new cricket sportsbook, do some research beforehand. That way, you are far more likely to join a bookmaker that offers high-value IPL odds and lots of great markets too. Let’s take a look.
Many Betting Markets
Your IPL betting sites need to offer an array of markets, which will give you room to build your strategies and have a higher chance of winning. Right below, you can find the most common ones:
Outright Winner: This is when you back a team that will be crowned victors come to the end of the season.
Match Winner: A nice and simple wager on which of the two teams will win a particular match.
Maximum Sixes: Every season has seen several new records from teams and individual players for hitting the maximum sixes. Make the right prediction for the maximum sixes for every match, individual, or season.
Top Batsman: Here, you are wagering on the player that finishes the season as the leading run-scorer. This can also be used in induvial matches.
Top Bowler: Similar to above, but for bowlers and, again, a bet that can apply to either the full season or one single fixture.
To Win the Toss: If you like taking chances, you can always pick which team will win the toss of a coin at the outset of their match.
High IPL Betting Odds
Obviously, the whole point of playing is to turn a profit. Betting on the IPL can be fun and profitable, but nobody likes to lose money. Let’s say you bet ₹2,000 on the Mumbai Indians to win the league at 9/2 (5.50) odds. Should they go ahead and do exactly that, then you will receive a return of ₹11,000.
If a different site offers odds at 7/2 (4.50), that would mean that you would receive ₹9,000 in total. So you can see why the odds matter. Because of this, it is always good to shop around to get the best possible prices.
Getting a nice payout isn’t always easy because the favourite's odds are often short-priced. It can be a good idea to get in there early, maybe even before the draft has been made.
In addition, the odds for any of the 74 individual matches are usually available immediately after the previous game has reached its conclusion, while prices for the outright winner of the tournament are out all year round and will be available on most sportsbooks right now.
In-play Betting Features
Placing an in-play wager is a standard these days. However, the best IPL bookmakers will provide players with a wide range of features. Of course, Cash Out is the most popular one since it gives you the option to settle a bet before the end of the match. It comes in three possible forms: Full, Auto, or Partial.
There might also be an Εdit Bet option under the same tab at some bookmakers where players can alter the bet without withdrawing it completely. Both options allow bettors to save some money if the bet looks like losing.
Finally, some IPL betting sites offer a Bet Builder feature, which allows you to combine various different markets within the same game, both pre-match and in-play, to make your own unique match multiples. For example, if the Mumbai Indians are a huge favourite to beat the Punjab Kings, you can also add the Over/Under in Sixes and the top batsman to improve your odds.
Live Streaming Coverage
One of the key aspects of making a success of live IPL betting is watching the matches you are wagering on. If you cannot watch them on TV, you will be pleased to learn that many bookmakers offer live-streaming services. This will give you an advantage as you can see how the action unfolds in real-time. In watching the match live, you can monitor what is going on and stay on top of player performances and any other factors and variables that could sway the result.
IPL Betting Promotions & Bonuses
Lots of great sites will offer regular promotions where you can pick up some fantastic bonuses that can be used in the Indian Premier League. Most Indian bookmakers welcome new bettors in with a sign-up offer. The idea is that they can help get your new account up and running in the best possible way by helping you get your bankroll started. We have seen welcome bonuses out there offering anywhere between ₹5,000 and ₹35,000.
Often, these work as a matched deposit bonus, but we have also come across free bets. Some of these offers require punters to make a qualifying deposit to trigger the new bonus. Others do not. Essentially, they are all designed to attract new users and help them get on their way. Of course, like any other type of promotion, they will probably come with wagering requirements, so make sure to read the Terms and Conditions carefully.
How to Bet on the IPL
To get started betting on the IPL, you need a refresher course to place a wager. Or, you are a newbie anyway. No worries, either way, we got you. Follow these simple steps.
- 1 Visit your new online bookmaker: Once you have decided which bookmaker you would like to create an account with, head to the desktop or mobile website. Then, hit the REGISTER, SIGN UP or JOIN button in the top right-hand corner.
- 2 Open an account: Your next move is to input all of the details that the site requires to set up your new betting account. This will include entering your personal details such as name, address, phone number and the email address you would like to use with this account. You will also need to come up with a username as well as a unique password.
- 3 Verify your account: An email will then be sent to the address you used to register with. Inside the email, there will be a link that you will need to click on to verify your new account. Do this, and your account will be ready to use.
- 4 Deposit some funds: Head to the site's banking section and select the payment method you would like to use to fund your account. As soon as this has been done, you need to choose the amount you wish to deposit. Enter this amount into the space provided and click on DEPOSIT. Your funds should be available to use within seconds.
- 5 Find your IPL betting market: The next thing you need to do is find the correct IPL betting market and make a selection. Find the cricket betting markets section, which will be listed among the other sports on offer. When you have found the cricket button, click on it, and you will be taken through to the markets from where you select the betting section for the IPL.
- 6 Make your IPL bet: When you have made your picks, click on the stated odds, and your selections will appear on your betting slip. You need to choose your stake before hitting the BET button. That’s it; your bets are on!
How do I deposit money on an IPL betting app
Debit cards and credit cards are great ways to deposit money into your online betting account. However, you should know that many Indian credit cards come with banking restrictions. Because of this, a few sites won’t even offer credit cards as an option. Instead, many users switch to instant banking and mobile banking options, like UPI, IMPS, Paytm, Google Pay and PhonePe. E-wallets are also popular as they provide complete anonymity.
Some of the biggest e-wallets you might have heard of think PayPal, Skrill and Neteller. Any deposits that you make will work just as instantly as your debit cards and are every bit as easy and convenient. Of course, you will need to open up an account with these services, but this is also very simple. Bank transfers, pre-paid cards and Cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) can also be found at online bookmakers that welcome Indian players.
Is IPL Betting legal in India?
Online IPL betting today is quite similar to cryptocurrency before 2021. Currently, India does not have a regulatory body for online gambling. Most foreign websites fall under the jurisdiction of globally trusted international bodies. You will find the names of these regulatory bodies at the bottom of every website. So, make sure you only deal with authentic sites.
Most Indian states comply with the Public Gambling Act of 1867. Under this, gambling is considered a punishable offence only if done in a public space or common gaming house. Since the law does not mention, prohibit, or criminalize online betting, using online casinos is not considered illegal.
Which sites offer the best IPL Betting Odds
As we already mentioned, high odds are one of the most critical aspects of picking the best sites. Underneath, you can find a complete list of cricket bookmakers. They are ranked by the payout they offer in the Indian Premier League.
The huge popularity of IPL betting in India is that, as a nation, both betting and the IPL are national obsessions, so when you combine them, Indians are always going to love it.
The best betting sites around will all offer their players great features and extras, such as live streaming, high in-play odds, bet builders and a wide selection of Indian Premier League betting markets. All of the really top bookies will also run regular bonuses and promotions too such as free bets and Acca insurance.
Yes, many bookmakers offer a live streaming service that will work with the Indian Premier League. Not all IPL betting sites there provide live streaming and will offer a live stats service instead. If you are looking for an online betting site that offers this service, do little research before betting there.
Of course, you can, that’s what betting is all about after all and the IPL throws up some very good value betting markets that Indian punters can exploit regularly. If you know your stuff about the Indian Premier League, then there is plenty of real money to win when betting on it.
To deposit some cash on an IPL bookmaker, you need to find the banking section of said site before deciding upon a banking method and an amount you are happy with. To avoid falling into gambling troubles, many sites allow their customers to set limits on how much they can deposit at a time.