Types of IPL bets

But inexperienced punters often find it somehow challenging to choose the best IPL betting markets, prompting us to come up with this IPL betting guide to make it easy for our users to place bets on IPL matches. So, keep reading to gain more insights into Indian Premier League betting.

Indian Premier League bets explained

While the IPL provides punters with plenty of opportunities to make bets on the matches played in the competition, each player is allowed to choose the kind of bets that suit their preference in order to enjoy online wagering.

In the subsequent sections, we will understand more about the different types of bets you can place in the Indian Premier League.

Match outcome vs individual performance

Most of the bets made on IPL events are normally based on the overall match results and individual players' performance.

• Match outcomes: This bet type entails wagering on the final outcomes of IPL matches or over a specified duration, and you can take into consideration both teams in matches and particular teams. For instance, you can bet on the match winner, over/under by a certain team, total wickets, draw, and the team to win the toss, among others.
• Individual players' performance: Bets of this kind only consider the performance of players and not that of their teams. Some of the popular markets in this bet type comprise top team batsman, player of the match, the best wicket taker, player to be dismissed, the batsman with the highest number of runs, and more.

In-Play/Live betting markets

You can bet on the Indian Premier League matches as they unfold. In this case, you can wager on the next dismissal method, the match outcome(3way), total runs at the fall of the next wicket, the next delivery, the next wicket, and more.

But you need to understand that live betting is fast-paced, and the odds keep fluctuating as minutes tick by. So, you must wait for the opportune moment in order to place your bet.

While this type of betting can be quite exciting, it is also risky because you can lose a bet in no time.

Handicap betting

The main intention of handicap betting is to level the playing field when there is a clear favourite in an IPL event. What happens in this case is that a given number of points are added to the weak side or deducted from the strong side.

A handicap can also be applied to teams taking part in a series. That way, the odds for all the involved teams will become even, and you can make an equal profit by choosing any of them. Examples of these types of bets include betting handicaps on runs, betting handicaps on wickets, and series handicap betting.

Futures and outrights

This entails placing a bet on the outright winner of the Indian Premier League at the end of a season. All the teams participating in a competition are normally assigned odds a few months before its commencement, with the favourite teams to emerge victorious being given lower odds compared to the weak competitors. However, the odds usually fluctuate as the season progresses depending on the standings of teams on the log.

Prop bets

Also referred to as proposition bets, these bets are usually made in regard to the occurrence or non-occurrence of certain events during cricket games that don't directly affect the outcome of matches. These types of bets allow punters to bet on different aspects of games that are beyond the standard markets covering an entire cricket match. But you need to know that prop bets are very risky, and as such, you should tread carefully if you decide to wager on them.

While prop bets come in all shapes and sizes, the most common ones you will find at genuine IPL betting apps comprise whether a player will score a century and method of 1st dismissal.

Accumulators and parlays

Accumulator and parlay bets are one and the same thing, and they denote a combination of two or more bets into one wager. These types of bets are also called multiple, multi, or combo bets, depending on a betting operator's choice.

In these bet types, you will have selections from diverse IPL matches combined into one bet slip rather than placing different single bets on several events, thereby increasing the total amount of odds and the potential winnings using the stake you could have wagered in one single bet. When making accumulator bets, you can place doubles or two-folds, triples or three-folds, four-folds, five-folds, and more.

Tips for choosing IPL bet types

You should take into consideration the tips below when deciding the type of IPL bets to make.

• Stick to match outcome bets when you are a beginner: These are the easiest types of bets you can make in the Indian Premier as you don't need a deeper understanding of cricket to place them.
• Study players' stats before making player performance bets: This means that you need to know how players have been performing in previous matches, their current form, and whether or not they will be involved in the match you want to bet on.
• Avoid live betting until you gain enough experience: Due to the dynamic and risky nature of in-play betting, only experienced players are encouraged to make these types of bets.
• Other things to consider: You will need to consider a team's current form, the condition of the pitch, and the available players before making a bet.

These tips have been found effective over time, and therefore, they should come in handy.