Terminology in IPL betting
But before you delve into the wonders of IPL betting, there are some terms to learn. In this glossary, we aim to describe the most important IPL terms.
Understanding the Basics
Before moving onto specific and advanced Indian Premier League betting terms, punters need to learn the basics. By basics, we mean various betting terms that cover pre-match and in-play betting markets.
Odds
Betting odds represent the ratio between the amount wagered by bettors and the bookies. For example, with 3/1 odds, it means that the bookie's stake is three times higher than the amount wagered by bettors. Odds can be displayed in fractional, decimal, or American format.
Stake
The stake (also known as bet or wager) is the money bettors place in a specific market. It represents the risk punters take when betting on the IPL.
Accumulator
An accumulator or an acca is a special type of bet that involves multiple individual bets tied into a single one. In order for a bettor to win their accumulator, they need to win all the individual bets.
Bet slip
The bet slip is a form where bettors place their bets. It collects all wagers, compiling bets and parlays that offer much higher winning potential.
Pre-match betting
Pre-match IPL betting refers to placing bets in markets that are available before a match begins.
Live betting (in-play)
In-play betting is another type of IPL bet that allows bettors to wager on events in a live match.
Advanced IPL betting terms
Now that you know the basic IPL betting terms, we can proceed to describe the more specific ones. Let's take a look at the most common IPL betting terms you'll come across in cricket betting apps.
- Franchise: a franchise is a term for a team that operates on a business model in the Indian Premier League.
- Powerplay: powerplay refers to a specified time or a period during an IPL cricket match when certain restrictions are placed on the fielding team.
- Super Over: super over is a term that describes an event when both teams score the same runs. The super over then decides the winner after each side bats for a single over with 3 wickets.
- Wicketkeeper: the wicketkeeper is a player on the fielding side who stands behind the wicket. His goal is to stop deliveries.
- Batsman: batsman is a term that describes the player who tries to hit the ball and score a run.
- Bowler: the bowler is a cricket player who throws the ball at the batsman. This position is fairly similar to a pitcher in baseball.
- Fielder: the fielder crouches around the batsman, and his goal is to catch, collect, and return the ball hit by the batsman.
- Boundary: in cricket, the boundary refers to the perimeter of a playing field. It's also a term that describes a scoring shot where the ball is to or beyond the perimeter.
- Man of the Match: MOTM is an honorary award given to an outstanding cricket player in a match. In most cases, it's the player who has the most significant impact on the match.
