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Thinking of taking the 2024 Indian Premier League (IPL) season more seriously from a betting perspective? We’ve got you covered.
If you’re keen to learn how to bet on the IPL markets – both pre-game and in-play – and master the strongest franchises in the league, read on for our newbie’s guide to IPL cricket betting.
Why Bet on the Indian Premier League?
The IPL has brought a sense of razzamatazz and grandeur to cricket. It’s redefined the sport’s shortest format – Twenty20 (T20). The IPL is the T20 franchise league in the world, despite a string of alternatives launching in more recent years, including those in Sri Lanka, Pakistan, the South African T20 Challenge and even the Australian Big Bash League.
The IPL rosters carry many of the biggest names in cricket, with the franchises having deep enough pockets to pack their teams full of T20 and ODI internationals. IPL matches are fast and furious, lasting no more than three to four hours, making them more accessible and convenient to bet on than one-day internationals (ODIs) or Test matches.
The History of the Indian Premier League
The Board of Control for Cricket in India (BCCI) decided to launch the Indian Premier League (IPL) in 2008. It was a landmark moment for T20 professional cricket, fusing sport with entertainment and attracting global intrigue.
The concept of the IPL features franchise teams representing Indian cities across the subcontinent. It quickly gained popularity thanks to its star-studded lineups, aided by the drama of the IPL auctions and its innovative competition format. Over the years, the IPL has expanded into one of the world’s most-watched cricket tournaments and has become a lucrative platform for players, sponsors, and broadcasters alike.
The Most Popular IPL Betting Markets
Looking for the best markets to start with for betting on the IPL this season? We’ve listed five of the most liquid IPL betting markets right here at Parimatch.
Match Betting
This is the easiest market to master. It’s all a case of betting on which team will win an upcoming IPL game. Our match betting markets are two-way – you can only bet on the winning team rather than the tie. That’s because tied matches in the IPL advance to a ‘Super Over’ to determine the eventual winner.
Top Batter
Another self-explanatory IPL betting market is that here, you can bet on the batter to score the most number of runs in either of the teams involved in an upcoming IPL game. If you’ve spotted an IPL batter coming into form, it could be a good opportunity to find some value.
Highest Opening Partnership
In this IPL betting market, you’ll pick which team’s opening batters will rack up the highest opening partnership in the match. As well as backing either team, you can also back the tie in this market, which is usually offered at significantly bigger odds due to the unlikely probability of both opening partnerships being the same total.
Fours/Sixes in a Match
If you feel that an upcoming IPL game will be more explosive than the betting markets expect, you might decide to bet on the Fours or Sixes in a Match market. Here, you can choose to bet over or under the benchmark number of boundaries and sixes our traders anticipate pre-game.
Outright Winner
You can also take a longer-term view of the 2024 IPL season and bet on the futures market by backing an outright winner of the 2024 IPL.
The Main Contenders for the 2024 IPL
- Mumbai Indians
Mumbai Indians are five-time winners of the IPL and are rarely not involved in the shake-up at the business end of an IPL season. They are buoyed by the return of Hardik Pandya as skipper of Mumbai Indians in 2024. They’ve also added to their bowling options, with South African fast bowler Gerald Coetzee and Sri Lanka’s primary bowler, Dilshan Madushanka providing further strength in depth. - Chennai Super Kings
The Super Kings are also gunning for a sixth IPL title, like their long-time rivals, Mumbai Indians. The continued presence of MS Dhoni in Chennai’s roster has long been a positive factor in the biggest games. Injuries to big-name players like Mustafizur Rahman, Devon Conway and Matheesha Pathirana have dealt Chennai some early setbacks. Nevertheless, they still have some elite-level bowlers in the shape of Tushar Deshpande, Shardul Thakur and Mukesh Choudhary. - Rajasthan Royals
The Royals could be one of the dark horses for this year’s IPL. Having carefully cultivated a reputation for nurturing prodigious T20 talent from across the globe, Rajasthan is a team that’s starting to mature. They also have plenty of big-game players who can change an IPL match in the blink of an eye. Jos Buttler and Ravi Ashwin are just two match-winners that spring to mind. - Royal Challengers Bangalore
A quick glance at the Bangalore roster makes it easy to see why many believe the Royal Challengers can also go deep in this year’s IPL. Indian legend Virat Kohli is arguably the leading act in the Royal Challengers cast, and it is ably supported by the likes of Faf du Plessis, Glenn Maxwell, Rajat Patidar, and Dinesh Karthik.
Make Parimatch Your Home for IPL Betting Online
If you’re ready to start betting on the IPL, choose Parimatch as your number-one online bookmaker for pre-match and in-play IPL betting. Opening a new Parimatch account and getting started is quick and straightforward. Most new players will be eligible for a welcome bonus activated after making your first real-money deposit or bet on any market.
As a licensed and regulated online bookmaker, it’s our duty to ensure that your cricket betting is safe, controlled and, most importantly, fun. If at any point you feel out of control with your sports betting, head over to our Safer Gambling Portal. This hub explains all the responsible gambling tools at your fingertips that can set limits for your deposits and losses.
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