2023 IPL Cup Rate Guide: Different Cricket Betting Rates Explained
IPL 2023 is already underway and cricket fans are placing bets with full enthusiasm. You should be checking out the IPL cup rate of a match or multiple matches for IPL 2023.
There are a total of 74 cricket matches that were played in the 2023 IPL season over its due course and we hope you will make the most of it by betting online on IPL.
Betting sites have come up with odds for the IPL 2023 outright winner and there will be a lot of other betting options to choose from as well. Simply put, the IPL betting rate is the IPL betting odds of a match or a prop wager.
Here, we will explain what types of IPL cricket odds you can bet all season long in the IPL satta bazar.
IPL Cup Rate Explained
When it comes to IPL betting rates, there is a lot to go over. Here is your guide to wagering on IPL cricket odds. Also, check out our IPL match predictions as well.
Keep reading this to know about the different IPL betting markets and which ones you should bet on & which ones you should avoid.
What Is An IPL Cup Rate?
IPL betting rate refers to the betting odds for the different markets available for IPL matches. IPL betting attracts a lot of Indian crowds. There are tons of betting markets available for you to place your bets on for the IPL 2023 season.
Here are the different betting markets available:
Moneyline Odds
Betting on the IPL matches using Moneyline odds means that you only have to correctly predict which team wins the game outright.
American odds are defined by the symbol in front of the number. This shows you who the favorite is, and who the underdog is.
For example, Chennai Super Kings might have odds of -300 to beat Sunrisers Hyderabad, who have an IPL cup rate of +200. The negative symbol means that Chennai is the favorite.
So, you would have to wager INR 300 for a return of INR 100. On the other hand, Hyderabad is the underdog because of the positive sign. This means you would wager INR 100 to win INR 200.
Decimal odds uses, you guessed it, decimals. So, for the above example, Chennai would have decimal odds of 1.33, and Hyderabad would come out at 3.00. Here, the smallest number is the favorite.
Finally, there are fractional odds, and again, we will use the above example. Chennai would have odds of 1/3, which means you would win INR 1 for every INR 3 that you bet. Hyderabad would be 2/1, so those betting on them would win INR 2 for every INR 1 that is wagered.
Most online cricket betting sites have the option to convert the odds into whatever IPL cup rate you prefer.
Match Handicap
Match handicap betting makes things a little more interesting. It is different from spread betting, but the concept is still similar.
Most spreads emerge before a match or game starts. However, in cricket, the handicap is set after the first team bats and finishes its innings.
So, if one team bats first and picks up 180 runs, the bookmaker could set a handicap of +20.5 for the second team. This means it would be -20.5 for the first team that already batted.
Futures Betting
Futures betting is something that you do not have to worry about when it comes to today’s IPL match betting rate. This is more along the lines of an IPL cup rate. It means that are betting on who will win the overall season.
You can usually find this IPL betting rate at the beginning of the season. However, the odds can change throughout the season, so it is worth keeping an eye on.
Find the best IPL betting app now and place your bets without any hassle.
Live Betting
IPL live betting rates are gaining a great deal of popularity in the last few years. The concept of IPL live betting is very similar to the match handicap section.
This means you can bet on scenarios that could happen during the game. You can bet on whether a team will finish with an even or odd number of runs by the end of the 1st over.
You can also wager on whether there will be a dismissal in the match. Also, place a wager on what the method of dismissal will be. Essentially, IPL live betting rates are what you can bet on while the match is happening.
Mobile Betting
IPL mobile betting rates are simply the ability to make bets on your mobile device before and during matches. Betting sites in India with IPL betting rates should also allow you to make wagers on your phone or tablet.
You should also have access to everything that you can do on your laptop or desktop.
That means your preferred online banking methods which tell you how to deposit money (for example, Neteller), a full assortment of IPL betting rates, and much more.
How Does The IPL Cup Rate Work?
Each new IPL season presents new betting opportunities. Gradually, cricket bettors fall into a rhythm of betting, and choosing certain markets that are “ripe”, while shunning those that seem “stale”. It can take a few hours to find the right pace.
But with days to follow a single match and lots of breaks to pour over statistics, the right times for taking risks soon become obvious.
You can check out the live cricket odds to gain a better understanding. Odds are always fluctuating and timing the bet is of utmost importance. IPL cup rate is decided after seeing the recent performances of the franchisees and how they have fared in the IPL auction.
The IPL Cup Rate 2023 will obviously keep on changing every now and then.
What is the IPL 2023 Cup Rate?
Here are the Betway cricket betting odds for the outright winner in the 15th IPL season.
| Team | Odds On Parimatch |
| Gujarat Titans | 4.00 |
| Chennai Super Kings | 4.50 |
| Rajasthan Royals | 5.70 |
| Lucknow Super Giants | 6.60 |
| Mumbai Indians | 10.10 |
| Royal Challengers Bangalore | 13.50 |
| Punjab Kings | 15.20 |
| Sunriser Hyderabad | 15.50 |
| Kolkata Knight Riders | 21.30 |
| Delhi Capitals | NA |
Props Betting: Betting Options for IPL 2023
IPL Prop betting means that you are wagering on aspects of the game that do not have to do with the outcome. It could be on a specific team or player, or simply an occurrence that could happen during the match. This falls under the live cricket betting domain.
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. You can also get started by knowing more about the IPL betting odds.
Listed below are just some of the IPL betting rates that you could run across in terms of prop bets.
You can avoid a lot of dangerous bets and can make use of the fantastic betting provided by the oddsmakers. However, there are many more worth your consideration.
To Win The Toss
You can wager on who will win the all-important coin toss to start the match. This is not to win the match, or anything else. This is simply about who will win the coin toss.
Top Team Batsman
This is a bet on the top batsmen for each team. You could even find IPL betting rates on the production of a particular player for that match. Here, you are betting on who will score the high number of runs scored.
Top Team Bowler
Of course, you should be able to bet on the top bowler for each team if you are able to bet on the top batsman. For a top bowler, you are betting on who will take the most wickets.
Man Of The Match
There is a Man of the Match award after every Indian Premier League match. You will have a list of options from bookmakers. From there, you bet on who you think will be the Man of the Match.
Highest Opening Partnership
This prop bet focuses on the team that will score the most runs before they lose a wicket. Specifically, which team will that be? That is the pick that you will have to make.
Total Runs in Match
This is an over/under bet, which means the bookmaker will set a total for the number of runs that could be scored in a match. You will bet on whether the actual total for the match will come in over or under the number set by the bookmaker.
1st Innings Total Runs
This is another over/under bet, on which you are wagering how many runs will be scored.
1st Over Team Runs
This is the same concept as the 1st Innings Total Runs, but this IPL betting rate focuses on each team separately.
Most Run Outs
This is a prop bet that focuses on which team will have the most run-outs in a match.
A Fifty Scored In A Match
This wager is a yes or no bet, and it is on whether you think a fifty will be scored in the match.
A Hundred To Be Scored In A Match
Again, this is a yes or no bet, and you are simply wagering on whether or not a hundred will be scored.
Most Match Sixes
This IPL betting rate is based on which team you think will score the most sixes in a match.
Total Match Sixes
Meanwhile, this is an over/under bet on how many sixes you think will be scored in a match.
1st Wicket Method
This is a bet based on the 1st wicket, and there are usually six options to bet on. These options are “Caught”, “Run Out”, “Bowled”, “Stumped”, “LBW (Leg Before Wicket)”, and “Others”.
Fall of First Wicket
This is the first of two IPL betting rates you will find regarding the fall of the first wicket. This is for which over you think the first wicket will fall in.
Team 20 Over-Runs
This is how many runs a team will score in 20 overs and will include several betting options. For example, let’s say there is a match between Chennai Super Kings and Kolkata Knight Riders. Let’s consider KKR is batting first, so there will be a lot of options like under 150 runs, 150-170 runs, over 170 runs.
We have a dedicated page on cricket betting tips that will help you in creating a strategy to bet on the IPL matches.
Team Top Batsman
This wager is for the top scorer of a given team over their innings in a match. The big names will get lower odds.
For example, Kings XI Punjab is playing Delhi Capitals. Betting markets will display all the playing XI members for both teams and you can select one or more players to place a bet for them to be the team’s top scorer.
Team 6’s
The Team 6’s bet is for how many 6’s a team will notch throughout the course of a match. There will be a betting option on that team’s total number of 6’s, for example under 7.5 or over 7.5.
Next Man Out
As there are two batsmen on the field, this is for who will be the next man to get out from those two batsmen.
Player Innings Runs
This is for how many runs that a particular player will score in those innings. For example, Virat Kohli is currently batting on 9 runs. There will be bet options such as Under 30 runs, 30-50 runs, or Over 50 runs.
Player Milestones
This type of wager focuses on whether a player will reach a particular milestone. For instance, if Virat Kohli is batting on 23 runs, betting markets will give options like – Virat Kohli: To reach 50: Yes or No? The cricket betting odds will vary from player to player.
To Score Most Runs
As there are two batsmen on the field, this type of bet is for which batsman will score more runs out of the two. In a lot of cricket matches, betting markets also give a group of 3 batsmen and you have to choose the one who will score the most runs.
Player Performance
When you are betting online, this option is there and the criteria to choose a player’s performance varies from platform to platform. It’s a criterion set by the betting platform. For instance, there will be a bet on Virat Kohli: Under 35 or Over 35. Now, what does 35 mean here?
This is a combination of the runs, catches, and wickets he will take in the match. There is a points criterion for one run, wicket, and catch. So, you are advised to check the criteria and guidelines.
Highest Individual Score
This bet is the highest batting score that will be made by an individual and includes both teams’ batsmen. For example, there will be a bet on the highest individual score in the match for Under 63.5 or Over 63.5. So, you have to choose whether any player can score more than 64 runs in the match.
Race to 10 Runs
When two openers come out to bat, this is a bet on who will be the first batsmen out of the two to reach 10 individual runs.
Runs off 3rd delivery, 5th over
This is a bet on how many runs will be scored on the third delivery of the fifth over. While betting on cricket, this is not considered a good bet as it’s mostly a fluke. This type of wager will include betting options such as Under 0.5, Under 1.5, Under 2.5 and it goes on.
5th over runs – Odd/Even
This is a bet on the total number of runs scored in the fifth and whether that number is odd or even.
Sites With The Best Live Cricket Satta Rates
Parimatch and 22Bet are the two most recommended sites with the best live cricket satta rates. They provide the best cricket odds and you can make the most of these by placing bets at the right moment.
IPL Cup Rate FAQs
No, it is absolutely legal to bet online on IPL 2023. There’s no Indian law that prohibits people from taking part in online sports betting. IPL Betting is hugely popular and we’d recommend you do your research before choosing a betting platform. From our experience, we found Parimatch to be the best of the lot.
Sportsbooks are backing Gujarat Titans and Mumbai Indians are joint favorites to win the IPL 2023 with odds of 6.50. Both Gujarat and Mumbai have a perfect team balance. We recommend hedging your bets and going with Delhi Capitals and Chennai Super Kings to win IPL 2023. With the pre-tournament betting markets available, you can bet on any of the cricket betting apps right away.
You just need to create an account on a betting site in order for you to take part in IPL betting action. After you have created an account, you can head to the ‘Cricket’ section on the platform and click on the Indian Premier League. You will see lots of betting markets available for different matches. You can also follow our IPL match prediction for IPL 2023.
