Cricket Betting Rates Explained

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Cricket betting rates or cricket match odds can come in various forms. Most of the cricket betting sites allow bettors to choose the format in which odds are displayed. The match odds may be represented in decimal, fractional, or American odds format. However, irrespective of how they are displayed, the odds carry the same meaning. Cricket is a game of chance as per Constitute of India so cricket betting is illegal in India. Betting in Cricket & other sports like football are also illegal in Bangladesh & Pakistan. While there are many other countries like UK, Australia, South Africa where Betting in cricket is legal.

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IPL is one of the major cricket tournaments in India. Fans from not just across the country but from all over the world wait in anticipation to enjoy the matches. A few of them with good knowledge of the game turn to an online cricket betting app or website to win some extra cash. This has led online betting platforms to open up markets for online IPL betting websites in India.

The leading betting sites and apps that permit IPL betting in India are legal and provide best in class products for the convenience of the users. These have been licensed by the leading regulatory bodies in the world and are absolutely safe to use. They adhere to top-notch standards and provide an incredible experience to the bettors who turn to such sites. Some sites run special promotions and bonuses to entice the bettors who can take advantage of these lucrative offers and win big. Also, the cricket betting apps for Android in India, offer great features on their mobile apps too.

  • Bhaav means odds.like if ind vs eng match is there and ind is favt bhaav will be like 23–25 or you can say 1.8 or any odd like this.depending on bhaav amt you win is determined.like for 1.8 ka bhaav amt you win is betted amt x 1.8.
  • Cricket Betting Explained. Bet on Cricket, your way. Cricket on the Betfair Exchange lets you set the odds yourself on over 28 Cricket events. Bet on top markets like: International Twenty20 Matches; Australia NCL Women; Pakistan Super League.Choose from over 17 Cricket competitions, and place a Cricket bet, either for an outcome (to Back) or against it (to Lay).
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Now you must be wondering where I can find these sites?

We will provide you with a list of the Best Sites for Online IPL Betting. But let us first understand how to do online IPL betting easily from the comfort of your home.

How To Play IPL Betting Online?

As a beginner, it might be difficult for you to play IPL betting online.

Cricket Betting Rates Explained

Cricket Betting Rates Explained Predictions

To make it easy for you, we have created a 7-Step short guide for you to go through the entire process in less than 5 minutes.

Step 1: First, create an account on a betting website like Betway India, Bet365, or 10CRIC. For this, you will have to provide your personal information, which generally includes your name, phone number, and other details.

Cricket Betting Rates Explained

Step 2: Select a payment option from the ones shown on the screen and put in your banking details.

Step 3: After your account is verified, you can make your first deposit. This will allow you to claim the welcome bonus offered by the site.

Step 4: Check the betting options and markets available on the betting site. You can select any of the options you want.

Step 5: Assess the odds, and if they are to your liking, then place a bet.

Step 6: You can use your welcome bonus during this bet. All information will be provided on the site or the app itself.

Step 7: If you win, then you can choose to withdraw your winnings. There might be conditions regarding how much you can withdraw, so make sure to check the site’s rules and regulations.

Very easy steps, right? Now you might be thinking which website to choose and will I actually get the money if I win the bet. Don’t worry, we have made this simple for you in the below section.

Factors to looks out for the Reputation of IPL Betting Apps

Security

The first and foremost thing that comes to our mind is the Security offered by the site/app. If the software used by a site or an app is not reliable, then your personal information, including your bank details, can get leaked and misused. Therefore, a reputable site will always take proper and thorough safety precautions.

Betting sites using HTTPS instead of HTTP are more secure and you can trust them for security. Also, look out for Multi-Factor Authentication in the app like Fingerprint unlock or OTP required to log in.

Odds offered

The very next thing to check is the odds offered by the site. When you are looking for an online betting app or website for IPL betting, the odds should be competitive. Otherwise, you will not get significant profits. Therefore, check the odds before placing any bets.

Bonuses and promotions

Who doesn’t love bonuses? The nature of welcome bonuses differs from site to site. Make sure to choose a site that offers an excellent bonus of a minimum of INR 3000.

All sites do not offer promotions; therefore, check the list of offers before signing up. The bonus amount can be used partially in your bets.

For example, a site may allow using up to 20% bonus amount in a single bet.

Customer support

What if you run into any technical issue while placing bets or creating your account?

A reputable site for online betting in IPL will provide prompt customer support. The support team will always be efficient in assisting you. They will be working round the clock to address your concerns related to placing bets, withdrawal issues, or updating personal information.

User Interface

The user interface of an app or a site for online IPL needs to be very simple yet elegant. You should be able to find the features on the screen easily without too much navigation.

You should be able to find all the information on a single screen and place bets easily from the app or the site.

If you are still confused or have limited time to do all this research, don’t worry. We are here to help you.

After carefully examining all major IPL betting sites, we performed extensive research on all the websites. By taking into consideration all the factors listed above, we came up with our Top 2 websites for IPL Betting.

Best Betting Apps for Online IPL Betting

If you are looking for the best online betting app for IPL, you can definitely select one of the following:

10CRIC

10CRIC, being a betting platform focused on most cricket tournaments, provides great options for IPL betting. They have a 100% welcome bonus offer along with bonuses like reloads, referrals, and other promotions. There is also a special promotional offer for specifically IPL matches. 

Pros

  • Great customer support and the staff are available 24/7 to help with any problems.
  • Competitive odds are provided for all IPL matches. 
  • A wide range of payment options is available for deposits and withdrawals. 

Cons

  • The minimum deposit amount varies depending upon the payment option. 

Bet365

Bet365 is a popular betting platform for various sports. They offer good odds and a range of options for IPL matches as well. Bet365 has a very intuitive mobile app that is also easily navigable. For new players, there is a welcome bonus available, which is 15% of their first deposit.

Pros

  • You can live bet from the Bet365 app.
  • Various markets are available for online IPL betting.
  • It does not charge any extra fee for withdrawals.

Cons

  • Not many promotions are available for existing players. 

Betway

Betway India is an incredible platform for sports betting. It is safe to use and has been licensed and regulated in Great Britain under the Gambling Commission. It is one of the few online cricket betting sites in Indian rupees ensuring that you can make safe deposits and withdrawal of your winnings in Indian rupees. Be a part of Betway India free bet club and start monetizing your knowledge of cricket today!

Pros

  • Play with top cricket odds
  • Ultra-safe betting site
  • Safe deposits and withdrawals

Cons

  • No live streaming

In-play and Live Online Betting IPL India

Live betting is very exciting, and it allows bettors like you to place the wagers while a match is going on.

The markets available for live betting are in-play markets. For IPL matches, many betting websites in India offer live betting with make in-play markets to choose from.

Since the entire event happens through videos and audio feeds, the app or the site needs to be very prompt. If it lags, then it is difficult to keep track.

In-play or live betting in IPL matches provides various options and allows players to make use of the cash-out feature as well.

FAQs about Online IPL Betting

Some commonly asked questions about IPL betting on websites and mobile apps are answered below.

Is IPL betting legal in India?

Here we are talking about online IPL betting, and in India it is not governed by any law. This is the reason why bettors freely indulge in IPL betting through popular and licensed apps and websites. If there is any special law in a particular state that bans online betting, then betting sites would not be accessible from such states.

Is online betting legal in India?

There are no clear laws that define online betting in India. This is the reason why it is considered legal and numerous online betting apps and websites have become popular in the country over recent years.

How can I bet on IPL online?

You can bet on IPL games conveniently by choosing a trusted and safe betting platform. You can either register on a website that provides the option or download an app. Register yourself and start betting on IPL matches!

Which is the best online betting app in India?

There are plenty of online betting apps that permit you to bet on IPL matches. They provide tons of great features and run special promotions and bonuses. You may choose from bet365, 10CRIC, Betway or you can weigh the pros and cons of some popular apps as suggested on our website and decide which app is suitable for you.

Also, check out our collection of Best Cricket Betting Sites in India.

Cricket Betting Rates Explained

It’s important to shop around for the best IPL betting odds before placing your bet, otherwise, you will be leaving money on the table every time. Profitable cricket betting is about more than just choosing the correct winner or top batsman, it’s about finding value for your bets.

With IPL 2021 just around the corner, it is very important to get updated with the latest odds and betting trends.

  1. Betway

    Min Deposit ₹200
    Payout 24 hrs
  2. #2

    22Bet

    Min Deposit ₹250
    Payout 24 hrs
  3. #3

    bet365

    Min Deposit ₹350
    Payout 24 hrs
  4. #4

    ComeOn!

    Min Deposit ₹800
    Payout 24 hrs
  5. #5

    10Cric

    Min Deposit ₹1,000
    Payout 24 hrs
How to Bet

How to Read IPL BETTING Odds

The odds feed above features outright odds, in other words, odds for a particular team winning the match.

Fractional Odds

This system is most popular in the UK. The odds are shown, of course, as a fraction where you break it down into units. For instance, for 7/4 odds, it would take a bet of 4 units to win a profit of 7 units for a total payout of 11 units.

Example: If you were to bet Rs. 400 on the Chennai Super Kings to win at 7/4 odds. You would receive a 700 profit plus your initial bet of 400 for a total payout of Rs. 1100.

Another way to view it is to convert the fraction to a decimal (7/4=1.75) this represent your profit multiple. So, again, if you bet Rs. 400 and CSK wins, you would receive a profit of (1.75 x 400) Rs. 700 + initial bet of Rs. 400 for a total payout of Rs. 1100. Therefore the formula is: fractional odds x bet = profit => profit + initial bet = total payout.

Decimal Odds

This is the default view for our odds feed and is most popular in Europe. This is only a personal preference, but we prefer its simplicity. To read decimal odds, you simply use the following formula: decimal odds x bet = total payout

Example:If India was showing odds of 2.75 to win again England, and you Bet Rs. 1000 on India, you would receive (2.75 x 1000) Rs. 2750 as a total payout if India won the match. Therefore, your profit would be Rs. 1750.

American Odds

You will mostly find this format in the US and it uses a (+) and (-) system of notation. In the most simple terms, the (+) shows how much a bettor will profit per 100 units bet. Whereas, the (-) indicates how much one needs to bet to win 100 units.

Cricket Betting Rates Explained Calculator

Example: For the +175 shown above, if you place a bet on the Mumbai Indians at +175 for Rs. 100, you will profit Rs. 175, plus your initial bet of Rs. 100 for a total payout of Rs. 275.

If the odds were -175, you would need to bet Rs. 175 to profit Rs. 100 for a total payout of Rs. 275.

Again, it is completely a matter of personal preference what format you choose to view the odds, but for us, we prefer the simplicity of the decimal odds system.We find it easier to compare for value while looking at IPL betting odds.

How to Take Advantage of IPL BETTING Odds Shopping

The main advantage of using odds feeds is to compare the odds to find value on a bet you want to place. You may be really confident that a particular team will win a match, but you should get the most value possible for that bet. Odds value shopping is an absolute key to maximizing your profits and being a profitable cricket bettor.

  1. Open accounts at several cricket betting sites. This will allow you to take advantage when you find a better value on odds at one particular betting site over another.
  2. Keep a small balance at each site. Odds can sometimes change in an instant, so you may not have time to transfer funds to take advantage of the value available. Keeping at least a small balance at each site will allow you to place bets at a moment’s notice.
  3. Use e-wallets to move money. If you don’t have the bankroll to spread out among different sites, utilize the speed and efficiency of e-wallets to move money between betting sites. Of course, it is not as fast as simply leaving a balance at each betting site, but it is the next best option. See our banking guide for more information on the advantages of e-wallets and which ones we recommend for India.

Is Cricket Betting Profitable

IPL betting ODDS: Cricket Betting Rates

The Indian Premier League 2021 is just around the corner. It means you should be checking out the IPL betting rates of a match, or multiple matches and analyze it properly. There is a total of 60 cricket matches that will be played in IPL 2021 over its due course and you must make the most of it by betting online.

Betting markets have come up with some tasty cricket betting odds and there will be a lot of betting options to choose from. You can even bet on the winner of the entire season. Simply put, the IPL betting rate is the odds of a match or a prop wager.

Betway match odds for IPL 2021

If you are interested in online cricket betting, you can check out the odds provided by Betway, 10Cric and Bet365, three of the best IPL betting sites for cricket fans. For placing your IPL satta, you must check out the odds well before reaching a conclusion.

ComeOn can also be a great platform for people looking to place a bet on IPL. If you are thinking of placing IPL satta on ComeOn, you can use this cricket betting strategy guide as well. You can learn how to deposit and how to withdraw on ComeOn. You can also check the full review of ComeOn.

For a full-fledged review of cricket betting apps, you can check this guide.

IPL 2021 Betting Odds: OUTRIGHT WINNER

Here are the IPL Cricket Betting Odds for the outright winner of the tournament:

TeamOdds
Mumbai Indians (MI)5.00
Delhi Capitals (DC)5.50
Royal Challengers Bangalore (RCB)6.00
Chennai Super Kings (CSK)7.00
Sunrisers Hyderabad (SRH)7.00
Kolkata Knight Riders (KKR)7.50
Rajasthan Royals (RR)10.00
Kings XI Punjab (KKIP)10.00

Cricket Betting Online

Betting Options ON IPL 2021

There will be a lot of cricket matches where you could be betting on cricket. Based on your betting experience, you can avoid a lot of dangerous bets and can make use of the options that are provided by the betting markets.

Some of the IPL betting rates that you could run across in terms of prop bets are like who will win the toss, top team batsman, top team bowler, total runs in the match, and many more. You can avoid a lot of dangerous bets like who will the toss as it is purely based on luck and you can certainly make use of the fantastic betting provided by the sportsbooks.

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Best IPL Betting Sites In India

Based on our betting experience, we found Bet365 to be one of the best online betting apps in India. You must however check all the online betting app reviews done by us and choose the one that fits best in your case. We hope you find the best betting app for your needs.

Indian Premier League is one of the most popular T20 tournaments which is being played right now and you must pick the platform which has the best betting experience and customer service to bet on cricket.

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You can choose Bet365 or Betway as your IPL betting app.

IPL BETTING ODDS: Responsible Gambling

Cricket Betting Rates Explained

Online betting site take its commitment to responsible gaming very seriously. It has put in place a number of measures to ensure that its players are educated about the impact of compulsive gambling. It also advises players who are battling a gambling addiction to reach out to organizations. These can be Gamblers Anonymous or Responsible Gambling.

Major online betting sites have provided players with multiple options to curb their gambling activities, should they feel they are fighting gambling addiction. Some of these options include deposit limits, the protection of minors and self-exclusion lists with timeframes ranging from 1 week to 6 months.