IPL Betting Odds - Indian Premier League

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IPL Betting Guide – Cricket Markets & Odds

The Indian Premier League is cricket’s wealthiest tournament. It attracts the biggest names in the sport and delivers exceptional drama, big wickets, and huge hits throughout the season.   

The league is timed perfectly, just before the summer cricket season gets underway in the northern hemisphere, so whet your appetite and tune into the biggest hitters as they take to the subcontinent’s notoriously tricky wickets.  

Keen to bet on this year’s Indian Premier League? Find out which wagers you can place and access the best IPL odds at Parimatch Sportsbook. 

Indian Premier League Format, Teams, & History

The Indian Premier League was launched in 2008 and featured eight teams. At the time, few could have imagined how big and wealthy the league would become – it’s now the thirteenth richest sporting league in the world by revenue.  

It’s a form of T20 cricket, meaning that the teams bat and field for 20 overs. The team with the most runs at the end of their innings wins the game. 

The tournament is played in a double-round-robin format, followed by playoffs. The top two teams in the league table advance directly to qualifier one, while the third and fourth-placed teams play the eliminator match.  

The final is always held at a neutral venue, most recently at the Narendra Modi Stadium in Ahmedabad and the M.A. Chidambaram Stadium in Chennai. 

The following ten franchises will compete in this year’s Indian Premier League:  

  • Royal Challengers Bengaluru  
  • Chennai Super Kings  
  • Delhi Capitals  
  • Gujarat Titans  
  • Kolkata Knight Riders  
  • Lucknow Super Giants  
  • Mumbai Indians  
  • Punjab Kings  
  • Rajasthan Royals  
  • Sunrisers Hyderabad  

When is the 2026 Indian Premier League? 

The 2026 Indian Premier League is scheduled from 26th March to 31st May. Ten teams will compete in 84 matches in the T20 format. Royal Challengers Bengaluru, under head coach Andy Flower, will seek to retain their title after winning the 2025 competition for the first time in the franchise’s history.

The Most Successful Teams in IPL History

If you want to engage in outright or futures betting ahead of this season’s IPL, it’s important to understand which teams are most likely to contend. Here are the previous champions to watch out for:   

Chennai Super Kings 

Chennai are the joint most successful team in IPL history, having won the title five times. They were the first team to successfully defend their IPL crown, after winning consecutively in 2010 and 2011. The legendary MS Dhoni is Chennai’s star player and has been part of the squad since 2018.  

Mumbai Indians

Mumbai Indians are the only other team to have won the IPL five times, but they haven’t won a title since 2020. Their golden period was between 2014 and 2020, when they relied on superstar short-format players like Jos Buttler and Tim Southee under West Indian captain Kieron Pollard. They’ve entered a new era under captain Hardik Pandya and are building for the future. 

Royal Challengers Bengaluru

Royal Challengers Bengaluru won their first IPL title in 2025 under former England Test team coach Andy Flower. Rajat Patidar led RCB to their historic title, ending their 18-year wait. The title was hugely significant for Virat Kohli, who has been with the franchise since 2008. It was fitting that the IPL’s leading run scorer finally won the title, and it was a feat celebrated by cricket fans worldwide.  

Kolkata Knight Riders

The Knight Riders have won three IPL titles, dominating the league in 2012, 2014, and 2024. They play their cricket at the iconic Eden Gardens in Kolkata, a fortress with a tremendous atmosphere. Under new captain Ajinkya Rahane, KKR have their sights set on yet another title and can draw upon talented foreign acquisitions like Cameron Green and Sunil Narine to get them over the line. 

What are the main IPL betting markets? 

The IPL is also home to many intriguing betting markets here at Parimatch Online Sportsbook, from outright and individual match wagering to in-play team and player props. Here’s a summary of the most popular markets: 

Outright Winner

This straightforward market requires you to bet on the franchise you think will win the IPL in a specific season. Often, it’s recommended that you wager as early as possible on an outright winner, as the starting prices tend to drift over time, especially once the season starts.  

Match Betting

You can also wager on the outcome of individual IPL matches this season, either ahead of time or through in-play betting markets. Bet on every team as they take to the field – we offer odds for every single IPL match throughout the campaign. 

Prop Betting

You can also access a range of player props when engaging in IPL betting, which may relate to individual performances over the season or within individual games. These include top run scorers and wicket takers, adding intrigue to the betting experience.  

Totals Betting

Bet on the total number of runs in a specific match in the IPL season, over or under a specific total. Totals bets are a great way of betting on the action without picking a winning team.  

How to Bet on the IPL at Parimatch

You can bet on all formats of cricket at Parimatch Sportsbook. When you’re ready to bet on the Indian Premier League, create your account by clicking “Sign Up” and following the prompts.  

After registering, make your first deposit and decide which bets to place and how much to wager. Check the outright and pre-match odds before exploring in-play markets for every IPL fixture.

When betting on cricket at Parimatch, we encourage you to gamble responsibly. This involves setting and sticking to your limits and using responsible gambling tools to control your expenditure. For more information, please visit our Safer Gambling Portal.  

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