How can you earn money on the IPL? Are there any ways to make money other than betting on the IPL? Read on to find out how to profit from cricket betting and make money with the Affiliate Program PMaffiliates – the affiliate program from a direct betting operator Parimatch.
Making money on Indian Cricket League – features of IPL betting
Every year, sports betting fans and cricket aficionados alike look forward to the start of the new season of the Indian Cricket League, also known as the Twenty20 as it has 20 teams competing for the league title for 7 weeks from March till May. Though cricket is a game with strong English roots and is mostly enjoyed by the English-speaking populace of the world, there are plenty of cricket fans from various countries who want to watch the spectacular matches and even make money in the IPL.
Right now, the Indian Cricket League is in full swing and statistics show that interest in this league has even increased as compared to previous years. So, we are here to tell you about some of the features of IPL, betting on cricket matches, and also some other ways of making money from IPL that will excite everyone.
How does the IPL work?
Founded in 2008 and featuring strong teams from major Indian cities, IPL is a cricket league based on a group tournament and knockout format. Within just a few years of its existence, IPL has grown into the most popular and entertaining form of cricket in India. Since cricket attracts the most television viewers, most of the Twenty20 matches are played in the dark so that they can be seen by as many fans as possible. Initially, IPL used a ‘home and away’ match format. However, after the inclusion of 10 extra teams, the league was divided into groups of 5 teams so that now the matches between some teams are limited to one encounter only.
According to the present format, the 4 best teams make the playoffs. However, in order to maximize TV and betting revenue, one of the losing teams also gets a chance of making the playoffs, where teams play a series of elimination games. Notably, as the IPL evolved, major investments began to be attracted. This is how IPL got the best cricketers receiving huge salaries for their sporting achievements. Notably, the format used by Twenty20 caught on well and was later used in cricket leagues in New Zealand and Australia. As a result, there are plenty of betting options on all the matches played in the IPL, and the major bookies have not left the IPL unattended.
IPL betting markets
Though cricket may be inferior to some contact sports like American Football, European Soccer, or Ice Hockey, IPL draws crowds as every team of 20 includes international star cricketers. Just turn on any IPL match to see how thrilling and entertaining it is. However, cricket is impressive not only for its huge fan base but also for how well it is covered by the bookies. By betting on cricket, you will be even more immersed in the game and have an unforgettable experience. So, let’s find out what betting markets are available at the major sportsbooks:
Ultimate IPL Winner – This stake is available every day and is a bet on the winner of a particular match being played on a particular day. To predict the winner, you need to take a close look at the competing teams, review past performance statistics and find out the current form of the performers.
Top Bowler IPL – A bowler in cricket is an athlete who performs roughly the same functions as a pitcher in baseball. It is not difficult to guess that it is a bet on the player who will prove to be the best bowler.
Top Team Batsman – In fact, it is a bet on the top scorer, i.e. the athlete with the best striking skills. In the IPL, the top scorer is also awarded the Orange Cap. By immersing yourself in the IPL, you will be able to predict the top scorers with a fairly high degree of accuracy.
From player performance to the winner of total wickets, total runs, and total ducks, there are many other more specialized markets worthy of consideration by cricket enthusiasts who understand the sport well. Additionally, thanks to the advancements in internet technology, many bookmakers offer extensive live betting facilities. By choosing live betting, you can actually bet during the match. With a cricket match lasting 3 hours and 30 minutes, you’ll have enough time to find a bet that will get you the results you want.
IPL betting tips
The main difference between sports betting and gambling is that with proper training and with an understanding of the case, you can greatly reduce the element of the randomness of game results. So, by analyzing matches and teams as well as understanding the different types of bets and how they work, you can build your winning IPL betting strategy to make consistent profits. If you are new to IPL betting, it is a good idea to read the tips listed below:
– Know your betting odds. Keep in mind that the numbers representing the odds will affect your winning chances and profits. For instance, if you bet £100 on Team A to win at odds of 1.55, you could win £155. However, keep in mind that the higher the odds, the less likely it is that the prediction will turn out to be correct. Also, odds for the same events and matches may differ from bookie to bookie.
– Research the Twenty20 teams. Do your research, focusing on each team’s strengths and weaknesses, and also look at their performance statistics. There are many websites on the internet that publish detailed statistics for both teams and individual players.
– Learn about the players and their experience. Among the plethora of performers, there are a few who stand out from the crowd as they perform more impactful actions throughout the match. For instance, Sam Karran, Prabhsimran Singh, and Josh Butler are the most prominent players in the IPL. By betting on top players, you will increase your chances of winning. However, you should not underestimate young players as IPL is also a great place where young talents are nurtured.
– Diversify your betting portfolio. While outcome betting is the easiest and most straightforward, don’t neglect the more specific betting markets, especially if you have a thorough understanding of cricket and how the IPL works.
– Benefit from Live Betting. Also known as in-play betting, Live Betting allows you to place instant bets during a match and thereby provide yourself with a more exhilarating experience with higher potential profits. Since cricket matches can come with many unexpected twists and turns and the odds change as the game progresses, with the ability to make quick decisions, you can achieve meaningful results.
Prudent bankroll management is our bonus tip. Since the most important thing is not to lose more than you can afford, sensible bankroll management should be at the core of any betting strategy you have. So, limit your bankroll to avoid spending too much of your hard-earned money.
Making money on the IPL with the affiliate program
Although betting on the IPL can be a very exciting and quite lucrative pastime, there is an alternative option that you can choose to earn regardless of the outcome of any sporting event. Thus, any betting platform makes a profit in the form of a margin embedded in the way the odds for particular events are calculated. It follows that the larger the userbase the bookmaker has, the higher the profits. Affiliate marketing has proven to be the most effective way of increasing brand awareness and attracting interested users.
Among the many affiliate programs, PMaffiliates stands out because of the many benefits it offers. For instance, PMaffiliates has a lot of promising offers, provides affiliates with free marketing materials and apps, and makes timely payouts using various payment models. PMaffiliates is currently running a lucrative promotion with terms and conditions that you can check out below.
Promo Terms Revenue Share Affiliates:
Constant 50% RS for all new affiliates who join PMaffiliates and were active during the period of IPL March 26 – May 29.
50% RS will be fixed for top performers.
Promo Terms for CPA Affiliates:
Join PMaffiliates during IPL and get x2 commission from March 26 – May 29.
General T&C:
- If there will be even 10% of fraud among all traffic, your participation will be automatically canceled.
- Multiaccs – ban.
- No schemes, incentives.
- Promo terms for current affiliates can be discussed with your affiliate manager and will depend on your current volumes and performance.
- Top performers will get improved commission after the end of IPL. Promo offer is relevant for new partners.
- After registering, please contact the support team or affiliate manager.
You can find out all promo details here. Join PMaffiliates program right away.
Conclusion
So, if you are interested in sports betting, the IPL with its top teams, first-class performers, and exciting matches taking place every year from March to May, might be your best choice. However, apart from classic sports betting, you have the additional money-making option – an affiliate program where you’ll make a profit no matter what the result of any particular match is.
