IPL 2010 Betting

[Selectabet]

Anyone having a bet on this? I've not got a clue but would like to have a wee punt to keep an interest in it. Anyone got any pointers?

[dandydons1903]

Don't have a clue on the IPL either but would like to get into it.

When does it start??

[Selectabet]

Starts tomorrow DD. This is from Betfair....

The third IPL season begins on Friday and it is another poser for punters as the world's best do battle. Thankfully, Ed Hawkins is on hand to point you in the direction of the value

"Picking an IPL winner is darn hard. Rajasthan produced the turn up of turn ups in the inaugural season. Deccan, who finished bottom that year with only two wins, were transformed into champs 12 months later."


The Indian Premier League has sparked debate in world cricket like nothing before. If there is not the traditional argument over it eroding the foundation of cricket, there will be a row over money, player ownership, sponsorship, security, media rights. No wonder no-one has any energy left to deliberate the biggest question of all: who is going to win the thing?

The other reason may be that picking an IPL winner is darn hard. Rajasthan produced the turn ups of all turn ups in the inaugural season. Deccan, who finished bottom that year with only two wins, were transformed into champs 12 months later. The uncertainty is put sharply into focus by a winner's market which has the jolly and rank outsider separated by just five points.

There is a trend to IPL winners, however. Both tournaments have been won by sides led by 'good blokes'. Shane Warne at Rajasthan and Adam Gilchrist and Darren 'Boof' Lehmann at Deccan united dispirate groups into tight units. There will come a time when the multi-millionaires from every corner of the globe become more matey and comfortable in each other's company at their respective franchises. Maybe this year. Maybe next.

Another trend which could emerge is that the IPL will be a tough title to defend. The variables are huge over 60 games and 43 days. Bigger still in the context of one Twenty20 match when a contest can turn in the space of one delivery. For those reasons we are ruling out Deccan, who are 7.20.

Rajasthan, too, are not worth backing. At 11.00 they are the least fancied of the eight teams. It is easy to see why. Despite the pull of Warne to punters, he has not attracted top batsmen. Last time no side scored fewer runs and Damien Martyn and Michael Lumb probably won't change that.

Unsurprisingly in such a volatile market, we have to rule out the favourites, Delhi, at 5.10. It is a decision based on price. Granted, they have the best batting (Sehwag, Gambhir, Dilshan, De Villiers) and their bowling looks special too (Parnell, Nannes, Vettori) but there are worries about their stomach in pressure situations (twice beaten semi-finalists).

Chennai Super Kings are another write off at 7.80. Rather like the pack of fags from which they did not take their name, they look a wheezy, bloated and aged outfit. Muttiah Muralitharan and Makhya Ntini, the staple of their bowling, are virtual pensioners in such a format, Matthew Hayden is not far behind while key all-rounders Andrew Flintoff and Jacob Oram are injured.

The sides this column does like are Bangalore, Kolkata and Mumbai. Kings XI miss the cut because after careful consideration, their batting, Yuvray Singh aside, lacks the x-factor.

Bangalore, last year's runners-up, are 7.00 and a perfectly acceptable wager. They have the blend of international talent (Kallis, Ross Taylor, Boucher, Steyn, Morgan) with homegrown brilliance in the form of Manish Pandey, Sreevats Goswami, Abhimanyu Mithun and R Vinay Kumar. Their weakness is Kevin Pietersen. With him last time they lost four from six. When he left they went on to the final.

Kolkata's players have been crying out for someone to put their arm around their shoulders. The likeable Dav Whatmore might be just the man. The coach has been working tirelessly to improve a Knight Riders team who came last in 2009 and third bottom in 2008. Brad Hodge is expected to open the batting - top-bat punters take note - while Chris Gayle and Brendon McCullum, when he arrives following Kiwi Test duty, must surely start producing. They are 8.80.

Our top wager is decided by the ball rather than the bat, however. Mumbai, 8.00, who are yet to make the last four, have got all bases covered with Lasith Malinga and Zaheer Khan (death bowling), Harbhajan Singh (spin) and Dwayne Bravo (middle-overs stifler).. They also have some bloke called Tendulkar. And there's never been debate about him.

Ed Hawkins' Best IPL Bet: back Mumbai at 8.00

[dandydons1903]

Is it on tv this year? used to be on espn.

[dandydons1903]

My mistake it was setanta(and not ESPN) that it was on, actually found the IPL by mistake this afternoon it on ITV4. decent

[Selectabet]

You can watch it live online too DD; http://www.youtube.com/ipl

[frankgallagher]

All matches on ITV4

I've been making a couple of quid each match by laying a 102% book.

[Selectabet]

How you doing that frank?

[frankgallagher]

How you doing that frank?

It's basically laying both sides at the right odds and stakes to ensure a profit

You need to make sure the book % (or over-round) is greater than 100%
http://www.seriousbet.co.uk/learn_about ... icing_odds (overround explained)

Use the "place bets" tab, and click "lay all"
Clickk on liablity to decide what your max liability is eg £50

Reduce the odds offered slightly (make sure you tick the show book percentage box - if the book is less than 100% you wont be able to green out)

Adjust the stakes so that the book is all green, and confirm....

You should leave long enough before the start of the match to ensure you green out.


Once matched, you can repeat as often as you like!

[oilybandit]

Interesting....

I had a look at this for the Kings XI Punjab v Rajastan Royals match

Layed all. Show book % was 98.8% so i lowered each of my backers odd bets by one click each. So this took one from 1.7 to 1.68 and the other from 2.4 to 2.2. This took Show book % to 101.9%.

Do i just then confirm....? Once bets are matched the game goes ahead and it should be a green screen correct?

thanks frank!

[frankgallagher]

Interesting....

I had a look at this for the Kings XI Punjab v Rajastan Royals match

Layed all. Show book % was 98.8% so i lowered each of my backers odd bets by one click each. So this took one from 1.7 to 1.68 and the other from 2.4 to 2.2. This took Show book % to 101.9%.

Do i just then confirm....? Once bets are matched the game goes ahead and it should be a green screen correct?

thanks frank!

You might have to fiddle with the stakes, the potential profit/loss will be shown.

Once you have fiddled and see both green, just confirm.

[oilybandit]

Thanks Frank, that's spot on ta mate....Just few last things . ...
1) can you do this with everything like football or does it not work when the draw is possible?

2) Someone said this the other day about seeing the green but mine doesn't show profit loss in red or green on the left unless i make a bet - what am i doing wrong!? (edit - sorted this bit, ta)

3) why doesn't everyone do this - is it legal?

[frankgallagher]

1, aye mate you can do it on everything.Dont do it horse racing though as if a horse is declared a non runner itdistorts the book and you could land up with a mighty red book!

2 sorted

3, I guess a lot of punters dont understand the maths of bookmaking. Plus the amount of folk who tell me they have a betfair account, yet dont get the concept of laying is unreal. So many people have the conventional bookie concept ingrained.
Noting illegal mate, the High St bookies have been doing this for decades!!
All your doing is offering odds, and people are willingly backing them!


Another point to note is that your book might not be matched up at the start of the event. Here you have two choices, let the unmatched bets go in play, or balance up your book which may make a small loss on the book.

It's up to you whether to let something ride. T20 cricket can be a volatile market so the chances are you'll be matched. Somethinglike football might be tougher, especially if the non fave lay hasn't been matched. If they go one down then you'll not get matched.

[oilybandit]

Thanks, i'm getting there....

Why would someone match your odds if they are a few points worse than on offer though (which you have to do to get book above 100%)?

Also if your bets are not matched and the game starts as you describe are you liable to a big loss?

also you have to ship in with some serious cash to make even a small profit in green right?

thanks mate

[oilybandit]

Under/over goals markets seem to be high for this on football. 99.5% or more

for example. Chelsea v pompy tonight is 99.8% book on over/under 2.5 goals.

So you set your liability at 20 quid or whatever, lower your backers odds a click or two (now the book is 101.19%) then tinker with your stake until it's green. Now it's showing that i make 0.39p in green no matter the amount of goals.

It just needs the bet to be matched but what if it's not - not 100~% sure how this works

o