IPL betting is a form of gambling, but very legal too. The Stakes can be as low or as high as you like. The risk appetite you carry determines that. There are many apps, sites, and regular bookies that can help you with cricket betting. The betting thrill has been in the blood of cricket enthusiasts since the olden times but has found the help of technology to spread wide across the world.
The bets are ultimately gambling, so there is a considerable element of risk involved in the betting process. The team you bet on can lose on the day, as most teams are evenly matched, and the margin between winning and losing is minimal. Many factors contribute to the same.
Team strength and composition is perhaps the best bet you have to gauge whether a team can win. But there are other considerations too.
You can also bet on the winning team, the highest runs in the first six overs, the best bowler, the best batsman, and other milestones. There are many small and large bets that you can place on these criteria to win money.
The better cricket betting apps also allow you to close a bet in the course of the game. If you feel that a game is not going your way, you can close the bet early and exit with the money you have already won. There are no hard and fast rules. You can play as small or as large a stake you want.
Your winnings are in your hands. But do remember that cricket betting is heavily dependent on analytics, but cricket itself is an unpredictable game. One bad over or a few quick wickets can change the complexion of the game. The idea is that you should bet for fun, and not take cricket betting as a decent way to earn cash. The bets are fun but risky.
If you genuinely want to win and have deep pockets, bet regularly. Place bets on both teams as one bet will come through. Place smaller bets and spread over more variables. The more bets you place, the bigger chance you have to hit jackpots and large pools of bets.
Place bets on winning, losing, the highest number of sixes, and any other variable allowed on the betting site or app you have downloaded. Always make a target budget and do not exceed it. It is easy to be swept away if you are convinced that your team will do well, or you have made a few winning calls. Never take a loan to bet. That could be a sign of irresponsible gambling. If you play it right, and within limits, you might end up winning a decent amount from cricket betting.