IPL Betting Odds

Discover the best IPL betting odds in India for ALL upcoming and live IPL matches here with OCBscores. Coupled with the IPL match odd you will find our IPL match prediction, so make sure to check these out to help you in placing your IPL bets.

Bet on the IPL - Top 5 Bookmakers With The Best IPL Odds

The below 5 recommended sportsbooks offer the highest cricket match odds in India.

Launched in 2008, it usually runs from March to May, with several weeks of action to enjoy. Currently, there are 10 teams that play in the IPL with the format of the competition beginning with a group stage, leading to a play-off round, and the Grand Final. 

A huge amount of money is spent on IPL betting and many people spend a lot of time browsing IPL betting odds to try to find the best value for their preferred selections. 

Understanding IPL odds isn’t always easy – and that’s where OCBscores can help. We want to clear up any confusion to make betting on the IPL as easy as possible. 

What are IPL Betting Odds? 

Understanding IPL odds before betting can help you avoid costly mistakes. It’s easier than you think to accidentally place a bet on the wrong thing, for example. 

In India, betting odds are generally displayed as decimals by default. However, this can normally be changed in the settings if you want to view them in another format, such as fractional odds. Most people agree that decimal IPL odds are the most straightforward to understand. 

Example

For instance, if a team has IPL odds of 1.75 to win their match, this means that you get back 17.5 rupees for every 10 that you stake on the bet. With other odds formats, it is not always as simple to see what potential profits can be won from betting on IPL match odds. 

Types of IPL Odds 

Many types of IPL odds can be found at online betting sites that welcome Indian customers. 

Outright markets are perhaps the best place to start. This means betting on the winner of the IPL overall, by predicting which team will be celebrating at the end of the tournament. 

Betting on individual IPL matches also starts with simply predicting which team will win. But there are a lot of other options for IPL betting odds, such as the top run scorer in the game. 

You can bet on IPL match odds before the start of the game or even after the game has started. There are different markets for live in-play betting. 

Various IPL betting markets can be found, but you might be surprised to learn that the IPL odds will not be the same if you look at identical bets at different online sports betting sites. 

How IPL Betting Odds Work  

As we touched on above, bookmakers take different things into account when they set their IPL odds. The prices are also affected by what people are betting on, so this can help to explain why odds for the IPL can vary by quite a large degree across the industry. 

Team news, pitch condition and the weather forecast are three of the common factors that are used to set IPL odds. Things like head-to-head results and player form are also important. 

If a batter has a particularly good record against a certain team, they might feature in the IPL match odds at a lower price than normal to score a century in that match, as an example. 

Betting sites also retain their margin - sometimes known as the house edge - which ensures that they can make a profit, no matter what happens in a game taking place. An IPL betting exchange if different as they do not keep any margin and can theoretically offer better odds. 

The lower the margin held by a betting site, the better this is for you as odds are higher overall. 

How to Read IPL Match Odds 

It goes without saying that you need to fully understand IPL match odds before betting.  

Taking time to completely get to grips with how IPL odds work is necessary for cricket fans. 

How do IPL odds work? Let's take a closer look at them in action in the next part of our guide. 

Example of IPL Odds 

Let's say for example that Mumbai Indians v Gujarat Titans is the IPL game that you want to bet on. 

Mumbai Indians are the favourites to win the game against Gujarat Titans, with their IPL odds of 1.50 showing that they are expected to come out on top. 

This means that you get back 15 rupees for every 10 staked if Mumbai Indians win the game. However, keep in mind that if the bet loses, the money that you staked goes to the bookie. 

IPL Cup Odds

As well as IPL match odds, IPL Cup odds are also offered at most major bookmakers too. 

This means that you can bet on the overall winner of the competition well in advance. In fact, as soon as the IPL comes to an end each year, the prices for the next year's event come up. 

IPL Cup odds will shift as the tournament progresses. Teams that were expected to perform poorly but win a few games early on will see their IPL Cup odds come down as a result. The higher likelihood of a team winning, the lower the odds. 

Tips and Strategies

Risk management is very important if you plan to bet on IPL match odds. Here are some top tips to follow to give yourself the best chance of success. 

Set Your Budget

Gambling should be viewed as a fun hobby, not as a way to make money. While your bets will sometimes win, they will sometimes lose - even if you are sure about your predictions. 

Setting a firm budget for betting on the IPL is a good idea. Most online bookmakers have controls you can use in your account, for instance setting a strict deposit limit for each week. 

Compare Odds

As we have mentioned, you will not find identical IPL odds across different bookmakers for the same bets. It can therefore pay off to do a little bit of research to find the best prices offered. 

Once you have decided what to bet on from the IPL match odds, take a look at a couple of different online betting sites and make sure you shop around for the top price. It might only seem like a small difference in the odds, but this affects how much money you can win. 

Do Your Homework

ne of the great things about betting on the IPL nowadays is how much data is available. This can help you to make up your mind what to bet on for the big game of the day. 

Cricket statistics are widely available and we use a lot of them in our IPL betting tips as well.  

While you might want to go with your gut, check out our expert IPL predictions too. 

Look For Bet Bonuses

There is a lot of competition among companies offering IPL match odds these days. This is good news as it means you can get some great betting bonuses. 

New customers can often get IPL free bets or a deposit boost as a welcome bonus when they sign up to an online betting site for the first time. 

There is nothing stopping you from joining many different bookmakers to claim these deals. 

Final Thoughts

With the popularity of the IPL still growing fast around the world, betting on India's top sporting competition is going to remain highly appealing. 

Understanding IPL betting odds is crucial and you should also make time to shop around for the best prices to maximise any profits you might gain from your bets. 

You can check out our reviews of sites with IPL match odds to see which ones we recommend. We also have live IPL scores and match predictions for every game here at OCBscores too. 

FAQs