India’s love of cricket is evident – around 80% of the country’s sports betting income comes from the sport. The IPL, or Indian Premier League, is the most popular cricket league worldwide and attracts many bookmakers’ interest. Since its inception in 2008, it has become the largest cricket league in the world, with eight teams representing various cities and states. Below, we will tell you how to bet on IPL in the most effective and interesting way.
Choose the Best Site to Bet on
To win on cricket betting, it is best to use a reliable platform. Bet IPL 2023 can be profitable and convenient if you use a reliable source. There are also Android and iOS apps that support IPL betting in India. Consider betting options, odds, functionality of the site/app, and ease of use when choosing a bookmaker for IPL. Here are some of the best sites for IPL betting in India that are worth considering:
- Betway and others.
Read IPL Odds
IPL cricket betting odds can be specified in decimal or fractional odds. American odds show the favorite as a negative number and the underdog as a positive number. The negative number represents the amount you have to bet to win $100 on the favorite and the positive number represents the profit you will make by betting $100 on the underdog.
For example, if you bet $100 on the underdog +170 Delhi Capitals and they win, you will earn $170. Betting $100 on the -200 Mumbai Indians favorite will earn you a $50 profit if they win. Odds Shark’s odds calculator will help you convert the odds formats and calculate the potential profit of betting on IPL.
Make Your Deposit
To get started, you need to deposit into your newly created account at the betting site in order to bet online. Most Indian betting sites that are international brands accept different payment methods and currencies, including Indian rupees. Among the common deposit methods for Indian customers are IMPS, RuPay, and UPI. You can also use low-cost global e-wallets such as Ecopayz, Neteller and Webmoney. It is important to note that credit card deposits are often declined, so it is best to avoid using this payment method.
Well-known betting sites accept a variety of currencies, including pounds, dollars, euros and INR. Particularly important for India is INR, this saves local players from currency exchange fees and allows them to maximize their bankroll. If the site doesn’t accept INR, we recommend that you compare real-time exchange rates before you convert to minimize your betting costs on IPL.
Pay Attention to the Terms of Making a Deposit
Before you make your first deposit, it is important that you familiarize yourself with the unique terms and conditions of each betting site in India. There may be minimum and maximum deposit limits and restrictions related to welcome offers or current promotions. Some payment methods may also be excluded from bonus terms, and you need to find an acceptable alternative. Also, some deposit methods charge a fee, while others do not, so it is best to use one that will not affect your bankroll each time you deposit and withdraw.
What Teams are in the IPL 2023?
IPL consists of the following teams: Chennai Super Kings, Delhi Capitals, Kings XI Punjab, Kolkata Knight Riders, Mumbai Indians, Rajasthan Royals, Royal Challengers Bangalore and Sunrisers Hyderabad.
Can I Use Rupees for Betting on IPL?
Yes, most betting sites in India offer the option to bet in rupees.
How to Bet on IPL Futures?
The IPL runs from March to May every year, giving players the opportunity to place futures bets on a player or team throughout the league. Futures betting can be an option for those who are confident of a team’s success in the IPL, although there is no such thing as a risk-free bet. Championship futures is an appropriate online betting format in such a scenario.