Everything You Need to Know About IPL Betting

India is one of the largest countries in the world, and it is known to thrive majorly in the entertainment and sports sector. The country is renowned for its deep interest in sports such as cricket, kabaddi, football, horse racing, hockey, etc., with notable leagues and tournaments coming up now and then. Though Indians are interested in a wide range of sports, cricket remains the country’s centre of attraction. The sport is often referred to as a national obsession or religion in the country, having amassed an enormous following across every part of the country. Not only are cricket matches viewed on TV or in stadiums by millions of enthusiasts, but the sport is also played by people across every street, school, park, and playground in the country. According to the Broadcast Audience Research Council (BARC), studies show that cricket takes up 93% of sports fans in India and that 48% of its viewers are women. This statistic shows just how broad the sport’s fanbase is in India. 

The Indian Premier League (IPL) is the biggest cricket league in India – having brought the sport to a place of fame and acclamation both at local and international levels. Yes, cricket has always been famous in India, but no one can deny that the IPL turned the sport into India’s glory in front of the world. The IPL is a T20 cricket league created in 2008 by the Board of Control of Cricket in India (BCCI). The league is currently the number one biggest cricket league and one of the top ten most popular sports leagues globally – drawing a whopping 450 million viewership in 2021. Also, cricket betting during the IPL is always on the rise as Indians use the opportunity to earn real money. Although there are many grey areas surrounding the legality of sports wagering in India, people can freely place wagers on their favourite sports by visiting offshore bookies on their mobile devices.

Indians are on edge this year again as the 2022 IPL season is scheduled to commence on 26th March and run till 29th May 2022. Millions of people are waiting to watch their favourite stars and teams in live-action again, and expectations are even heightened as ten teams will be playing instead of the usual eight. Also, people are ready to make reasonable income by wagering on various matches, teams, and players. 

In this article, we will explore essential things you need to know to wager successfully on the IPL.

Do your homework thoroughly

Research is one of the essential things required for successful IPL betting. It is crucial you know that placing wagers on teams and players blindly based on sheer luck is a sure way of losing big. Before you wager, you must conduct thorough research on the teams involved in an IPL match. Ensure you analyze and review their weaknesses, strengths, statistics, ratings, and previous performances. When betting on players, ensure you focus on key players who consistently deliver outstanding performances and watch out for fast-rising stars. Also, don’t forget to watch out for the weather condition and cricket pitches, as these are highly essential factors that affect the result of an IPL match. Doing your homework will help you place more accurate wagers rather than relying on guesswork – thus, increasing your chances of winning. Most licensed online bookies such as Parimatch also provide an opportunity to place free bets and get more experience in IPL betting. 

Bet only on a trustworthy site

If you are a beginner, the first thing you must ensure before betting in the IPL is looking for a trustworthy, licensed, and legitimate website to place your wagers. Due to the high popularity of the IPL, tons of online bookies provide numerous betting options for the tournament, and you tend to see various mouthwatering offers. However, you must be careful not to fall victim to an unlicensed betting platform that can hamper your chances of winning or even make away with your money.

Ensure that you conduct in-depth research on an online bookie before registering to bet and read reviews about them from other websites. Also, pay thorough attention to their services, especially their terms & conditions, withdrawal methods, customer services, and promo offers. One of the platforms that can increase your chances of success in IPL betting is Parimatch. This licensed betting site provides you with various bonuses, perks, and a variety of wagering options such as live betting.

Set a budget and stick to it

Successful betting goes hand in hand with safe and responsible betting. Before the IPL commences, it is essential to set aside a budget, so you don’t go overboard when you start wagering. This will significantly increase your chance of winning and protect you from going bankrupt. While it is possible to hit big by putting huge cash on one game, it doesn’t happen quite often. Therefore, you must be strategic with how you spend your money.

Also, sports wagering can be addictive – thus, you must resist the pressure that can come with winning or losing streak. Know when to take your wins, don’t wager more than you can afford to lose, and avoid chasing losses at all costs.

Take advantage of live bets

Placing your wagers during live cricket matches is an effective strategy in increasing your winning chances. This is also known as in-play betting. Betting on a game when you can see players’ performances will help you make better judgments and place more valid wagers. Apart from increased odds of winning, placing a live bet gives you feelings of exhilaration and a rush of adrenaline as you have to make quick and accurate decisions in the heat of time. However, you must be confident of the choices you make when using this option. You can read about cricket betting tips live rate online to understand more about how cricket betting works.

Conclusion

The Indian Premier League is the biggest cricket league globally, providing endless opportunities to both fans and players. It is an avenue to get maximum entertainment and earn money by placing wagers. The points listed above will guide you to increase your chances of winning and wager on IPL matches successfully. Don’t forget to visit Parimatch for a remarkable IPL betting experience. 

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