How To Earn Money from IPL Cricket Betting in India

Cricket is routed deep into the hearts of India, apart from getting academic excellence every Indian youth aspires to become a cricketer at some point in time. We started noticing our cricket heroes after the historical triumph of the 3rd official world cup happened in 1983. Since then, the country has produced some memorable performances at the world level. As a team and as individual performances cricket has given so much to us that we mention them in our good times.

Cricket and its popularity inception of IPL in India

It is a well-established fact that cricket has given us so much. BCCI is one of the richest boards in the world and they have come across the idea of organising a yearly league which will be played in T20 format. T20 has proved to be an exciting and thrilling format of cricket. In 2005 first T20 cricket was played in England among the county teams. The experts were very unsure about this form of cricket as many experts thoughts it can destroy the original essence of cricket which is the test and ODI format. In 2007 BCCI decided to introduce Indian Premier League which is to be played amount 10 teams representing different locations in India.

Cricket Betting and IPL T20 format

As we all know that cricket betting is very famous and widely accepted among the fans of the game. Betting can be a source of excitement and a chance to earn some extra money. Earlier betting was a bit of a shady business as there was no proper infrastructure, rules and regulations. Also, very few people can place their bets because lack of platforms.

The inception of the Indian Premier League in India, and witnessing the fan’s involvement and dedication in the game made many online internet companies think to launch an online platform where people of different age groups, over 18 can enjoy and place their bets. It is true that IPL has given publicity and made all the betting platforms hit in Asia, especially India.

Different IPL cricket betting platforms in India

As already discussed, cricket is extremely popular in India. BCCI expect a huge revenue every year with IPL, with the number of sponsors and digital partners earning from IPL increasing after each year. The brand value of 2022 IPL was US$11 billion which was around 100,000 INR. So, one can imagine the amount of money flowing with 1 IPL season can give side business to many domains. One of t is online betting platforms, we will take a look at some popular applications that allow IPL betting on their platforms.

1BetwayFree bet up to INR 4,000
2Parimatch150% up to 30,000 INR
31XBet100% up to 26,000 INR
410Cric150% up to 32,000 INR
522Bet100% up to 10,000 INR
6Fun88300% up to 10,000 INR
7LeonBetup to 20,000 INR bets

Types of betting

If we go technically a bet can be placed in 4 types during a game

  • Basic or normal bet: These bets are generally placed to decide the winner of a match, match tied, series winner etc.
  • Bet around a team: There are two teams in cricket, these types of bets revolve around the winner of the toss, the number of 4s and 6s, the match score, the partnership etc.
  • Bet around a player: betting includes the best bowler or batsman. MOM, most catches, centuries etc.
  • Live bets: Bets placed during the match.
  • Earning money from betting platforms.

Although there is no particular strategy which can be used to earn money in an online betting platform. You also need luck in your favour before placing any bet. But it is not just a luck-based game. You can strategize your bet better in so many ways, like

  • Learning about the game and the venue condition better like pitch reports and weather conditions
  • Learning about past performances on the ground like toss impact, highest team score, highest chase, average score etc.
  • Learning about individual players and team performances.
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Frequently Asked Questions

Q1. Are sports betting legal in India, can I place my bet worries free?

The online betting platforms mentioned in this blog are completely safe and legal commencing their business in India. They normally take their registered license from Curacao, which is an island country. They are perfectly legal and you can place your bets and earn some money while playing. If you want to you can easily check their about us section, terms and conditions also various rules and regulations. One thing as a user you can check is to look for the SSL certificate of the website, and also look for the payment options, in India if UPI and bank transfer are there it is considered a safe site.

 
Q2. Is there a particular strategy which guarantees to win in betting platforms?

There is no particular strategy which guarantees a win in online betting platforms. The game is based on skills as well as on your luck. To brush up on your skills, you can read various online materials before placing the bets and make yourself aware of the game and players.

 
Q3. How can I choose a particular betting platform for betting?

There are so many platforms available in the market where users can register and enjoy placing their bets. Although by various factors you can select a betting platform like,
 
By checking the security of the online web platform, if the necessary information is available on the online web platform like license number, terms and conditions etc.
 
The user interface and the gameplay of the website or application should be brilliant. It can be difficult for a user if they cannot interact with the website properly.
 
The presence of good customer care service. In these platforms, it is amicable that the user can have issues while placing their bets or they may have some query which they want to be addressed, for such kind of situation customer care service which is prompt and available 24/7 is a must.

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