IPL is probably the most followed T20 league in the world. The first edition took place in 2008 and was an instant success for the fans. It was the first time that cricket was made `entertaining´, and started a revolution in world cricket. Today there are many T20 Leagues being played around the year, like the Big Bash League, Mzansi Super League, and the Caribbean Premier League. But none have achieved the success and fan following that IPL has.
In addition to the fans, IPL is also a favorite among bookmakers and punters, because of the number of close contests, and high profile matches it sees each year. There has always been a huge underground and illegal betting market for cricket in general and IPL in particular in India. But during recent years, online betting on the IPL has gained a lot of popularity. One can easily visit sites like betindia.in and find the best online betting sites for the IPL.
As the concept of online betting on the IPL is a relatively new one, there will be many first-timers who would find the whole process confusing or intimidating. But it is actually very easy to bet online on the IPL.
Selecting a betting site
Your journey of online IPL betting will begin with the selection of a good online sportsbook. There are many websites in the online market that allow you to bet on the market. But one should exercise caution and conduct thorough research before selecting the website. This will save you from a lot of hassles later on.
A good betting site should be licensed by a gaming regulator. On a good site, you can easily find the licensing details at the bottom of the landing page. For Indian players, try to find a site that accepts deposits and pays out in Indian Rupees, and allows more `Indian´ methods of transactions, like UPI, PhonePe, and Paytm.
Creating an account
Once you select the site, you will need to create an account with the site. As a part of their KYC (Know Your Customer) requirements, most sites will require you to enter details like name, date of birth, address, and country of residence. Later on, you may be asked about your currency preferences too. For most websites, creating an account is absolutely free, and hardly takes a few minutes.
Deposit money and claim promotions
Once your account is created, you will need to deposit some money in it, with which you can place your bets. There are many methods by which you can load your account. Bank transfers, e-wallets, debit/credit cards, and prepaid cards are some of the most common methods accepted by most websites.
At this stage, don’t forget to take advantage of the welcome bonuses that websites offer, as a part of their promotion, as some sites may require you to `opt-in´.
Selection of games and betting markets
Once your money is deposited, you can instantly start betting. You can find all the upcoming games on which you can place your bets. You can either place a `pre-match bet´ meaning that you bet on the outcome before the match has already started or an `in-play bet´ where you can bet on an ongoing match.
While traditionally, wagers were placed on the outcome of a game, these days, there may be hundreds of betting markets to choose from. You can bet on each and every aspect of the game, including who will win the toss, who will be the highest run-scorer, who will take the most number of wickets, number of wides bowled, number of boundaries hit, etc. These markets make IPL betting a lot more exciting.
Filling up your bet slip
Once you have made your selections of the game and the market you want to bet on, you will have to enter the amount that you wish to wager, click `Bet Now´ or `Confirm´, and your bet is placed.