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Matches
Week 10
19 May - 26 May
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Indian Premier League Betting - Best IPL Betting Odds, Markets & Bets 

It is important to look for the best IPL betting odds for your selections. This would normally mean the time-consuming process of checking various bookmakers for the best odds. However, Oddspedia lists IPL betting odds from the best bookmakers and has tools to help you determine which one has the biggest IPL odds, saving you the long search for best bets.

How IPL Odds Work

IPL betting odds serve two purposes: they tell you the payout for a winning wager and the chances of a particular outcome happening. For instance, the probability of an outcome in a match between the Chennai Super Kings and Delhi Capitals is as follows:

  • Chennai Super Kings to win: 60%
  • Delhi Capitals: 35%
  • Draw: 5%

After considering this, the bookmaker will factor in its margins and give you the final odds. For this reason, the betting odds vary from one online bookmaker to another. Always opt for higher odds to maximise your IPL betting experience. You can find top sites with these odds at Oddspedia.

Odds Comparison - Get the Best IPL Betting Odds

In betting, the higher the odds, the more likely you will win. Therefore, you must go for bookmakers with the highest betting odds for the market you seek to bet on. Fortunately, Oddspedia has an odd-comparison tool that helps you determine that bookmaker.

The tool is free and easy to use. You must determine the game and the market you intend to bet on. Then, the tool will list bookmakers offering the market for IPL betting in a hierarchy from the best odds to the lowest. You can then proceed and log in or sign up to place bets on the selected market. Use the tool to increase the winning potential of your next betting spree.

Make the Most Out Of Great Odds - IPL Betting Tips

If you want to place bets with a higher success rate, check out our IPL betting tips. Our tipsters have in-depth knowledge about the sport and prepare predictions based on their experience and other factors. We work only with the best tipsters with a good history of predicting the outcomes of various IPL matches and teams like the Kolkata Knight Riders.

Types of IPL Bets

When betting on the IPL, you can place different types of bets. The following are the most common ones:

  • Match Winners: This is one of the most straightforward bets you can place because it simply entails betting on which team will win a match. Consider a game between the Gujarat Titans and the Punjab Kings. If you think the latter will win, you place a bet to back these odds.
  • Outright Winner: In this market, you predict which team will emerge as the overall champion of the IPL.
  • Spread Betting: Unlike predicting the match winner, you bet on the margin of victory in that match. If you bet on the favourite, the team must cover the spread for you to win.
  • Accumulators: To place an accumulator, you tie multiple bets into a single stake. Each selection must win for the accumulator to be considered successful. They are the riskiest types of bets.

IPL Cricket Betting Markets

Cricket betting markets refer to the different bets you can place on any match in the Indian Premier League (IPL). These betting markets offer a range of possibilities, from predicting the tournament's overall winner to guessing the number of runs a particular player might score.

Here are some popular IPL Cricket Betting Markets:

Top Batsman/BowlerHere, you bet on who you think will score the most runs (Top Batsman) or take the most wickets (Top Bowler) in the tournament or a specific match.
Player PerformanceYou can also bet on a player's performance, such as how many runs a batsman will score, how many wickets a bowler will take, or how many catches a fielder will make.
Number of BoundariesIn this market, you bet on how many fours or sixes will be scored in a match.
Toss WinnerA bet put on predicting which team will win the toss.
Man of the MatchThis involves betting on who will be awarded the 'Man of the Match'.

Understandably, the odds can change depending on a team or player's performance, climate conditions and other factors.

Top Cricket Tipster
1
+18.60
Profit
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Yield
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Tips (Wins)
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Avg. odds
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Form
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Best IPL Betting Sites

Oddspedia shows the leading IPL betting sites in the world. Therefore, you expect any of them will be good enough to bet for the IPL 2024. You can also check several features of the leading sites to determine if they are ideal for betting.

Ideally, the best betting site for IPL 2024 matches should have comprehensive coverage of the sport, which means all the games have good odds across several markets. It should also have regular bonuses that you can use on the IPL with terms you can meet with relative ease.

Besides, it should be a credible bookmaker with positive customer reviews on issues such as the quality of the IPL betting platform, good bets, odds, customer service, IPL live streams, live score updates, and fast payouts for the winnings. Check Oddspedia suggestions below as to the starting point when searching for IPL bookmakers for your betting needs.

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Risk Management During IPL Betting

While indulging in IPL betting, managing your risks effectively is crucial in maintaining a safe and healthy betting experience. Here are some crucial points to consider when it comes to risk management in IPL betting:

  1. Set a Betting Budget: Always set a budget for betting and stick to it, no matter the outcome of the matches. This helps prevent excessive losses and ensures you are betting within your means.
  2. Understand the Game: Deeply understanding the game of cricket can significantly reduce your risk. Before placing any bet, familiarise yourself with the different teams, players, their form, and various prevalent conditions like pitch, weather, etc..
  3. Diversify Your Bets: You can mitigate significant risks by spreading your bets across various outcomes. It's like the saying goes, "Don't put all your eggs in one basket."
  4. Avoid Impulse Betting: Feeling driven to bet following a big win or aiming to recover losses could lead to poor decisions. Try to stay disciplined and composed, and stick to your betting strategy.
  5. Research and Learn: Regularly acquiring insights related to IPL, including team news, match previews and betting odds, can prove useful in making informed betting decisions.
  6. Manage Expectations: Betting is a form of entertainment, and losses are as much part of it as wins. Keep your expectations realistic to avoid undue stress.
  7. Seek Help If Needed: In case you feel you are losing control over your betting habits, don't hesitate to seek help from professionals or join support groups that aid in battling gambling-related issues.

IPL Odds and Betting Markets FAQ

Is it legal to bet on the IPL?

The legality of betting on the IPL depends on the laws of the country where you reside. In the UK, for instance, it is legal, whereas in India, it's not. Always check local laws before participating in betting activities.

Where Can I Get the Best IPL Odds?

Oddspedia is the number one platform for getting the best odds for IPl betting. Thanks to our odd comparison, we can pick the top online bookmakers with excellent odds for the league. This ensures that your winning bet gets you more returns.

How do betting odds work in the IPL?

Betting odds represent the probability of an event happening. In cricket, they are used to calculate the payouts of winning bets. The lower the odds, the better the chance of winning but the lower the payout, and vice versa.

What is the most popular bet in the IPL?

The match-winner is the most common bet, where you place a bet on the team you think will win a particular match.

Can I make live bets during IPL matches?

Yes, many betting sites offer live or "in-play" betting where you can place bets on matches as they are happening.

What is a 'Total Runs' bet in the IPL?

A 'Total Runs' bet involves predicting the total number of runs scored by a team or a batsman in a match or during the tournament.

What should I consider when placing a bet on an IPL match?

Consider the team's recent performance, playing conditions, player form, and head-to-head record against the opposition when placing a bet.

How do I determine which team is the favourite according to the odds?

The team with the lower odds is usually considered the favourite as they have a higher probability of winning, according to the bookmaker.

What does 'handicap betting' mean in the context of the IPL?

Handicap betting "evens the playing field" when one team is highly favoured. The favourite is given a deficit (handicap) to overcome, making the match more balanced from a betting perspective.

Can I change my bet after it has been placed?

Typically, once a bet has been placed and confirmed, it cannot be altered or cancelled. Always carefully review your betting slip before confirming your wager. That said, some bookmakers have innovative features like Edit Bet at bet365.

Are there betting limits in IPL betting?

Bookmakers may have their betting limits in place. These limits may vary depending on the type of bet and even the specific event. Always check this information with the bookmaker before placing a bet.

What Are the Most Profitable Indian Premier League Betting Markets?

As long as your bet is successful, you profit from the market you bet on. To enhance your winning chances, use fantastic tips from Oddspedia's experts. Whether you like single betting or prefer placing an accumulator, we have the predictions you need.

How Big Is the Annual Betting Revenue for the IPL?

In 2019, the industry recorded a revenue of up to 900 crores. This figure jumped to 2,000 crores in 2020. This high amount is not surprising, considering that the Indian Premier League is one of the most popular T20 franchises.

Which are the best bookmakers for Betting on the IPL?

Sites like Fezbet, Stake and Bet365 are among the best bookmakers for betting on the IPL. More of these online bookies are available at Oddspedia. You can bet on the IPL and other competitions on these platforms.

What is BHAV in IPL Cricket Betting?

BHAV in cricket betting tells you how much you get for choosing a team that will win or lose a match. Simply put, they are the cricket betting odds.

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    To hit the Jackpot, a player must guess the outcome of ALL given events. In case more than one player has guessed the results of the given events, the Jackpot's prize pool will be shared evenly. T&Cs apply.e
  • Bettors Tournament
    Tournaments are held weekly from Monday 09:00 UTC to Sunday 12:00 UTC. Participation in the promotion will be activated automatically. Only bets with odds not less than 1.2 participate in the promotion. The scoring formula for points is “100 * (win amount / bet amount - 1)”. For example, if the winning amount is 5200 and bet amount is 1000, the customer earns 420 points. T&Cs apply.
    No code required Claim bonus
    Tournaments are held weekly from Monday 09:00 UTC to Sunday 12:00 UTC. Participation in the promotion will be activated automatically. Only bets with odds not less than 1.2 participate in the promotion. The scoring formula for points is “100 * (win amount / bet amount - 1)”. For example, if the winning amount is 5200 and bet amount is 1000, the customer earns 420 points. T&Cs apply.
  • $10,000 Highest Odds Sports Challenge
    You can bet on pre-match or live markets. Voided, half-loss, and half-win bets are not eligible for the challenge! Cashed-out bets are not eligible for the challenge. 1 valid entry per household. All accounts that have completed Level 2 and Level 3 verification will get 100% extra on the basic reward. T&Cs apply.
    No code required Claim bonus
    You can bet on pre-match or live markets. Voided, half-loss, and half-win bets are not eligible for the challenge! Cashed-out bets are not eligible for the challenge. 1 valid entry per household. All accounts that have completed Level 2 and Level 3 verification will get 100% extra on the basic reward. T&Cs apply.
  • A BIRTHDAY BONUS!
    No code required Claim bonus
  • ACCUMULATOR OF THE DAY
    No code required Claim bonus
  • Tennis Retirement Guarantee
    Only available to new and eligible customers. Bet restrictions and T&Cs apply. Winnings paid as Bet Credits.
    Claim bonus
    Only available to new and eligible customers. Bet restrictions and T&Cs apply. Winnings paid as Bet Credits.
  • 1% Unlimited daily cash rebate
    No code required Claim bonus
  • Daily reload bonus
    No code required Claim bonus
  • 4.88% Rescue Bonus Weekly On Sportsbook
    No code required Claim bonus
  • Sportsbook Reload 30%
    No code required Claim bonus
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