It’s important to shop around for the best IPL 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.
IPL 2022 kicked off on March 26 and it is very important to get updated with the latest IPL odds and betting trends. There are a total of 74 cricket matches in IPL 2022 over its due course and you must make the most of it by betting online.
Gujarat Titans lifted the IPL 2022 trophy by defeating Rajasthan Royals. The number of teams participating in IPL 2022 increased from eight to ten teams with Lucknow Super Giants & Gujarat Titans as the two new teams playing their first-ever IPL season.
More IPL matches mean more IPL betting opportunities and even more competitive IPL odds. The IPL betting sites have come up with some tasty IPL odds and there will be a lot of betting options to choose from.
Gujarat Titans won the IPL trophy in their first-ever season under the leadership of Hardik Pandya. Gujarat Titans’ pre-tournament odds were 12.00 on most betting sites and were found at the bottom of the odds table.
They were phenomenal throughout the season and defeated Rajasthan Royals by seven wickets in the IPL 2022 final. Hardik Pandya was awarded man of the match while Jos Buttler and Yuzvendra Chahal got the IPL Orange Cap and IPL Purple cap.
Pre-tournament IPL bookies favorites Mumbai Indians finished at the bottom in the points table.
|Team||Odds On Betway|
|Gujarat Titans (GT)||7.00|
|Mumbai Indians (MI)||7.00|
|Royal Challengers Bangalore (RCB)||7.00|
|Rajasthan Royals (RR)||8.00|
|Delhi Capitals (DC)||8.50|
|Chennai Super Kings (CSK)||9.00|
|Lucknow Super Giants (LSG)||9.50|
|Kolkata Knight Riders (KKR)||10.00|
|Punjab Kings (PBKS)||10.00|
|Sunrisers Hyderabad (SRH)||14.00|
Here is the way to read the IPL 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 represents 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.
This is the default view for our IPL 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.
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.
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 we prefer the simplicity of the decimal odds system. We find it easier to compare for value while looking at IPL odds.
The main advantage of using an IPL odds feed 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.
IPL odds value shopping is an absolute key to maximizing your profits and being a profitable cricket bettor. Here are a few tips that you can follow.
Betting Options ON IPL 2022
There will be a lot of cricket matches that you could be betting on. 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 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.
Based on our betting experience, we found Bet365 to be one of the best IPL betting sites 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.
Indian Premier League is one of the most popular T20 tournaments and you must pick the platform which has the best betting experience and customer service to bet on cricket.
You can choose Bet365 or Betway as your IPL betting app.
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It also advises players who are battling a gambling addiction to reach out to organizations. These can be Gamblers Anonymous or Responsible Gambling.
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