IPL Betting Odds: Latest Match and Outright Markets

IPL odds at Betway cover the Indian Premier League from every angle, from the outright trophy winner to match and player markets and live in-play prices. All odds are shown in UK fractional format. Here’s how the markets work and how to read them.

The Indian Premier League (IPL) burst onto the scene in 2008 and has grown exponentially in popularity ever since. As one of the most popular domestic cricket leagues in the world, the IPL attracts top players from around the globe and captivates millions of viewers, who are drawn in by the non-stop action generated by its 20-over format.

Twenty20 cricket lends itself to betting, and at Betway, we offer a comprehensive selection of IPL betting options, with a plethora of pre-match and in-play markets to choose from. Whether you're a seasoned bettor or new to cricket betting, our user-friendly website and mobile app make it easy to navigate and place your bets.

With the IPL's franchise model and fast-paced T20 format, there are numerous opportunities to bet on exciting matches and individual performances. You can bet on match winners, runs in each over, total fours or sixes, and even each team's top batsman or bowler. Our IPL betting section is dedicated to ensuring the best IPL markets with competitive odds to enhance your IPL viewing experience.

Where to find today's IPL outright odds

The outright market is where you back a team to lift the trophy, and it runs from the squad auction through to the final. At the top of this page you’ll find the current IPL outright odds, with the latest market listing all ten franchises for the 2027 season.

Prices reflect how the market rates each side. Royal Challengers Bengaluru go in as back-to-back champions after the 2025 and 2026 titles, while five-time winners Mumbai Indians and Chennai Super Kings are perennial heavyweights. An outright is a long-term play, so a price taken early can look very different once the season unfolds.

Understanding IPL match odds and how they work

Match odds are the bread and butter of IPL betting: a market on which team wins a single fixture. Bookmakers set a fractional price on each side from form, the head-to-head record, the venue and conditions, then move it as money and team news arrive.

A shorter price means a stronger favourite. If one side is offered at 4/6 and the other at 11/8, the 4/6 team is favourite, expected to win more often than not, while the 11/8 side suits anyone backing an upset. IPL cricket match odds shift quickly before the toss, once the playing eleven and pitch report are known. Unlike an outright, which runs for weeks, match odds settle within hours on a single game.

How to read IPL betting odds (fractional prices)

IPL betting odds in the UK are shown as fractions, and reading them is simple. The number on the right is your stake, the number on the left is the profit it returns. A team at 5/2 pays £5 profit for every £2 staked, so a £2 bet returns £7 in total. A shorter price like 1/2 returns just £1 profit per £2, marking a strong favourite. To turn a price into an implied chance, divide the right-hand number by the sum of both, so 5/2 implies 2 divided by 7, around 29 per cent.

Popular IPL betting markets (match winner, top batsman, totals)

Beyond picking a winner, the IPL's fast T20 format throws up a huge range of markets. The most popular include:

• Match winner: the simplest bet, backing one team to win the game.
• Top batsman: backing a player to score the most runs for their side, which rewards knowing the batting order.
• Top bowler: the same idea for wickets, where a strike bowler against a shaky line-up can be the play.
• Totals (over/under): betting whether a team or match passes a set run line, driven by the pitch and boundary size.
• Sixes and fours: backing the number of boundaries, which suits big hitters on small grounds.

How do I bet on the IPL?

Betway is synonymous with the IPL having been a major sponsor in recent seasons, so our app is the natural place for you to bet on the IPL online. At Betway, we strive to provide the best betting experience for cricket fans. Our user-friendly website and advanced mobile app, combined with a vast selection of IPL markets, cricket sponsorships and in-depth content, make us the go-to destination for cricket betting. Join Betway today and elevate your IPL betting experience to new heights!

How IPL cricket betting differs in-play

What sets IPL cricket betting apart in-play is how fast the odds move. A single over can swing a match, so prices on the next wicket, the next over’s runs and the next boundary update ball by ball. A side cruising at 60 without loss sees its price tumble the moment two quick wickets fall.

We understand the importance of keeping up with the fast-paced nature of the IPL. That's why our in-play betting markets allow you to bet on each over and ball, keeping you engaged throughout the match. You can also take advantage of our live streaming feature, which allows you to watch the matches in real-time while placing your bets.

To further enhance your IPL betting experience, we provide expert cricket analysis and tips through our blog, The Betway Insider. Our team of cricket enthusiasts and experts offer insights and predictions to help you make informed betting decisions.

IPL betting in India: market overview

The IPL is the most-bet cricket competition on the planet, and nowhere follows it more closely than India, where the league was born. That makes IPL betting India’s standout cricket market, with interest spanning outright winners, match results, top batsman, top bowler and the over-by-over markets that suit T20.

This page is operated by Betway for customers in Great Britain, where it is licensed by the UK Gambling Commission, so the prices shown here are for UK customers. Wherever you follow the IPL from, the markets work the same way: a fractional price on each outcome, moved by form, conditions and team news.

Market insight: who are the current favourites?

Form shapes the outright market more than anything. Royal Challengers Bengaluru enter the 2027 market as back-to-back champions, having won their maiden title in 2025 and defended it in 2026, only the third side ever to retain the trophy.

They won't have it to themselves, though. Mumbai Indians and Chennai Super Kings are the most decorated franchises with five titles each, and Gujarat Titans reached the 2026 final, so the market rarely settles on one name. Check the outright list above for the current order.

Why should I bet on the IPL at Betway?

At Betway, we prioritize the security and integrity of our betting platform. We are licensed and regulated by reputable authorities, ensuring a safe and fair betting environment. Our customer support team is available to assist you with any queries or concerns you may have.

So whether you're backing the Mumbai Indians, Chennai Super Kings, or any other team in the IPL, Betway offers a comprehensive and thrilling platform for IPL betting. Join us today and elevate your cricket betting experience to new heights.

Frequently asked questions about IPL odds

What are IPL odds?

IPL odds are the prices a bookmaker sets on Indian Premier League outcomes, from the outright winner to individual match and player markets. In the UK they are shown as fractions, where a shorter price means a more likely result.

How do IPL match odds work?

IPL match odds are a market on which team wins a single fixture, priced as a fraction. The favourite carries a shorter price and the underdog a longer one, and the odds move with form, conditions and team news.

What is the most popular IPL bet?

The match winner market, backing one team to win a game, is the most popular and the simplest place to start, followed by top batsman, top bowler and totals markets.

Can you bet on the IPL in-play?

Yes. In-play markets stay open during a match, with prices on the next wicket, the next over’s runs and the match winner updating ball by ball as the game swings.

Who won the IPL in 2026?

Royal Challengers Bengaluru won the 2026 Indian Premier League, beating Gujarat Titans in the final to claim back-to-back titles after their maiden win in 2025.

Is IPL betting legal in the UK?

Yes. IPL betting is legal in Great Britain with operators licensed by the UK Gambling Commission, and you must be 18 or over to place a bet.