The Indian Premier League (IPL) is, without a doubt, the biggest professional cricket league in the world, and is even the sixth biggest sporting event in all of the sports in the whole world.
It has a really huge audience not only in India but also in other parts of the world that it became the first sport that was streamed live on YouTube way back in its 2010 season. The IPL was valued at around $3.2 billion in 2014, and it contributed at least $182 million to the Indian economy from its revenue in its 2015 season.
In a sporting league as big as the IPL, you can only expect bettor to roll big in betting on games played on it, to the point that being an IPL bookie in India has been a very lucrative business venture for quite some time now. While you may not be one of the biggest rollers among all sports bettors for the IPL, you are surely one of the many people who are looking to make the most out of their betting by maximizing the best profit possible for every wager they make. For that, here is a guide for you.
Here are some of the top tips for you to maximize your cricket betting profits.
Read on betting tips and strategies
The world of cricket betting is not as simple as predicting who would win in a game by placing a simple Moneyline bet. There are various types of bets you can make aside from the common win bet. By making different types of bet, open for you doors of opportunities for more chances of winning a bet.
Additionally, you have to learn how to take advantage of odds and not just blindly bet on the favorties all the time. Bookmakers or oddsmakers usually set odds for their favor, but there are strategies you can tackle to turn the favor to your side.
Back in the day, it is nearly impossible for you to bet on multiple bookmakers. While no rules are forbidding that, betting on multiple bookmakers in an in-person betting setup would require you to move from one bookmaker’s place to another physically. Not only is that a huge hassle but it is also time and resource-consuming.
However, in online sports betting, you can shop around in different bookmakers with just a simple switching between sites or apps. You can now easily view and compare the odds and lines across various bookies to see the best deals you can get for your bet.
Also, it is always good practice to place more than one. Spread your money on various bets strategically, and if you are good enough at it, you would be able to earn money and make a profit regardless of the results of the game!
Learn and move on
As with all things in life, it is not always a good day in online sports betting. You cannot win on every bet that you make. In fact, you are bound to lose more bets than win them. However, it should not be a reason for you to stop betting altogether (unless you have let yourself go bankrupt from too much losing!)
If you lose a bet, even if it is a big one, brush it off, learn from it, and move on. There is no point in sulking over the loss and always whining on all the what-ifs and could have been. Rather, learn where you made a mistake in your betting strategy and improve it the next time you wager your money.