IPL Odds on Parimatch Explained: Meaning, Features, & More

The next season of the Indian Premier League is just around the corner, and this is the perfect time for you, as a fan, to get ready and become a part of the action. Say hi to IPL betting on Parimatch. However, if you want to do well, you need some basic preparation. One of the most important things to learn before you start is about IPL odds. What are odds, how betting odds work, and more. Read our complete guide on IPL prediction odds and become a pro at IPL betting.

IPL Betting Odds

IPL betting odds are mathematical values that help you understand the probability of a particular outcome happening in a match. These values also show how much you can win if your prediction is correct. On Parimatch, you can check IPL todays odds and quickly understand the latest match situation.

Understanding Odds: Mumbai Indians vs. Gujarat Titans

Take a look at the table and learn about the working of betting odds IPL today:

Parimatch IPL Match Odds: Top Features

#Reliability: The IPL cup odds on Parimatch are 100% authentic. For each match, the odds displayed on our site highlight the exact match situation. For example, if Mumbai Indians are winning against Gujarat Titans, you will see that the odds for GT are higher.

During every IPL match, the odds shown on the site change based on what is happening on the field, such as runs scored, wickets taken, overs remaining, and overall match pressure. T20 cricket is a very fast-paced format, and the IPL is full of sudden twists. Say, in the same match between GT and MI, the Titans take a few quick wickets or bowl a tight over. When that happens, the match situation changes immediately. And so do the IPL odds on Parimatch.

Simply put, by looking at the odds for each match, you can understand which team is winning at that moment. This is one of the most loved features of IPL cricket betting odds on Parimatch.

#Value: On Parimatch, you will find the most competitive IPL cricket odds. This simply means, if you place a bet at the right time and your prediction is correct, you can win good returns compared to the amount you bet

How to Check Today IPL Match Odds on Parimatch

Here is how you can check today IPL match betting odds:

• Open the website or launch the Parimatch app.
• Log in to your account.
• Tap the three line main menu icon.
• Tap on cricket and choose IPL.
• Browse the matches by live/all upcoming.
• Tap on any match.
• As soon as you do that, you will see the complete betting market. Next to each prediction option, you will see numbers. These are nothing but odds for today’s IPL match.

Betting Odds IPL: Types

Betting odds can be shown in different formats. On Parimatch, we use decimal odds. This is because they are the simplest and easiest to understand. For example, if the odds are 2.00 and 3.00, you can easily tell that the outcome with 3.00 is less likely to happen. Also, if you bet ₹100 at odds of 2.00, you will get ₹200 in total if you win. This is very simple to calculate.

However, the decimal format odds on Parimatch can be of two types: pre-match & live odds IPL.

Pre Match Odds for IPL Matches

Pre match odds are simply the odds for long term bets. These are assigned to a list of prediction options which fall under the pre match betting markets. The IPL outright winner odds are the best example of this. By looking at them, you can forecast which team is more likely to win that edition of the Indian Premier League. Here are a few characteristics of the IPL outright odds:

• They are set before the match starts.
• The odds available before the first ball is bowled.
• The odds based on team strength, recent form, and past performance.
• They do not change once the match begins.
• These IPL odds are easy to follow and suitable for early betting decisions.

IPL Odds for Live Bets

IPL live odds on the other hand are the odds for real time bets. These are assigned to a list of prediction options which fall under the live betting markets. The odds for the number of runs in the next over are the best example of this. By looking at them, you can forecast how many runs are more likely to be scored in the next over during a match. Here are a few characteristics of the live IPL odds:

• They are set after the match starts.
• The IPL live betting odds are available once the first ball is bowled.
• The odds for live betting are based on live match factors viz current runs, wickets, overs left, etc.
• Live odds change continuously as the match progresses.

Betting Markets Explained

Today IPL odds change based on the betting market you choose. Each market focuses on a different match outcome. So, the odds are calculated separately for each one. Following are three of the most popular IPL betting markets:

IPL Winner Odds

IPL winner betting odds show which team is more likely to win the match. Lower odds mean a higher chance of winning. While higher odds means that the team is less likely to win. In this market, you must read the odds carefully, predict who will win, and place a bet on that team.

Indian Premier League Over/Under Odds

In over under bets, you need to predict whether a team will score below or above a limit set by the bookmaker. If the odds are high, it means the chances are lower. And if the odds are low, the chances are higher. This type of bet can have both pre match odds and IPL odds live.

Player Betting Odds

In player betting odds, you need to predict how a specific player will perform in a match. This could be about runs scored, wickets taken, or other player actions. If the odds are high, it means the chances are lower, and if the odds are low, the chances are higher.

Parimatch’s IPL betting market is vast. This means that apart from IPL winning odds, player odds, and over/under odds, there are hundreds of other betting options available. Visit our site to check the full list of odds of today IPL match.

Best IPL Betting Site: Parimatch

Parimatch is the best site for IPL betting. On our site, you will find the best and most reliable odds. Not just that, you can bet on every match. You can choose to bet live during the match, or you can place pre-match bets before the start of the match or even before the start of the tournament.

Parimatch is a treat for mobile bettors. By downloading our app, you can place bets on IPL matches with your fingertips. And here is the best part: our app is 100% free to download.

After installing the app on your phone, you can find the match, check the betting markets, read all the IPL betting odds predictions, and place your bet on the go.

Register for Free & Place Bets on the IPL

Are you ready to read the IPL betting odds today and place your bets? You are almost there. Just register for a free account. Here is how:

• Open the Parimatch app or visit the Parimatch website.
• Tap the Log In button.
• Choose Phone or Email. If you choose “Phone,” enter a valid phone number. If you choose “Email,” enter a valid email address.
• Enter a strong password.
• Confirm your age and tap the Sign Up button.
• You will receive an OTP via phone or email.
• Enter it to verify your contact details.
• Tap the Sign Up button one last time.

Create your free account today and grab the sign up bonus. Use it to place bets on IPL and win. Apart from IPL, you can bet on BBL, CPL, ILT20, SA20, Asia Cup, and more. During the non-cricket season, you can place bets on virtual cricket, which is live all year round. Keep in mind, all the cricket betting odds on Parimatch are equally reliable and competitive.

FAQs

What is odds in IPL?

IPL odds today show the probability of an outcome happening during the match.

Who are the favourites to win the IPL?

To find out which team is more likely to win the IPL this year, check the IPL final odds on Parimatch. The team with the lower value is the favourite. Before placing your bet, please read the IPL final betting odds carefully.

What do minus (-) odds mean?

Minus (–) odds signify a favourite. When a team has negative odds, it means the bookmaker considers that team more likely to win than its opponent.