Be a master of IPL betting with these tips!
Becoming a master of IPL betting is not as difficult as it may seem. With a little bit of knowledge and these helpful tips, you can be well on your way to becoming an expert in the field.
1. Know the teams: This may seem like a no-brainer, but it is essential to know the strengths and weaknesses of each team before placing a bet. Doing your research on the teams playing will give you a better idea of which team is more likely to win.
2. Understand the odds: The odds are what will determine how much money you can win or lose on a bet. It is important to understand how they work so that you can place bets accordingly.
3. Use a betting system: There are many different betting systems out there, and it can be helpful to use one when placing your bets. This will help you stay organized and place bets more strategically.
4. Manage your bankroll: It is important to manage your bankroll wisely when betting on IPL matches. Be sure to only bet what you can afford to lose and to set limits for yourself.
5. Have fun: Betting on IPL matches can be a lot of fun. Be sure to enjoy yourself and don't take it too seriously. After all, it is just a game!
Indian Premier League
The Indian Premier League (IPL) is a professional Twenty20 cricket league in India contested between the eight teams representing eight different cities in India. The league was founded by the Board of Control for Cricket in India (BCCI) in 2007, with the first season held in 2008.
According to experts: “The IPL is the most-attended cricket league in the world and ranks sixth among all sports leagues.In 2010, the IPL became the first sporting event in the world to be broadcast live on YouTube. The brand value of IPL was estimated to be US$4.5 billion in 2015 by American Appraisal, a Division of Duff & Phelps.According to BCCI, the 2015 IPL season contributed ₹11.5 billion (US$182 million) to the GDP of the Indian economy”.
There have been eleven seasons of the IPL tournament. The current IPL title holders are the Mumbai Indians, who won the 2019 season by defeating Chennai Super Kings in the final match.
IPL is popular due to two reasons – first, it is a shorter version of cricket which lasts for around 3 hours compared to Test matches which can go on for 5 days; and second, it is played during the evenings and nights making it more convenient for people to watch after work or school.
Broadcasting and sponsorship rights
“The TV broadcasting rights for all seasons of the IPL were won by Sony Pictures Networks (SPN) for a period of 10 years from 2018 to 2028. The global media rights (TV and digital) for the IPL were sold to Star India for a period of 5 years from 2018 to 2022 for ₹16,347.50 crore (US$2.55 billion). The title sponsorship rights for all seasons of the IPL are presently held by Chinese mobile company Vivo Electronics, which paid ₹2199 crore (US$330 million) for a period of 5 years from 2016 to 2020”, experts say.