The Indian Premier League (IPL) is a highly anticipated T20 cricket tournament held annually in India since its inception in 2008. The competition unfolds in a group stage, where teams vie against each other, and the top four proceed to the playoffs or knock-out games.
The IPL history has given audiences great entertainment and the opportunity to youngsters to perform along with International legends. The surge in popularity of T20 cricket gained momentum following India's triumphant performance in the 2007 T20 World Cup, prompting the beginning of the IPL the following year. Renowned for its entertainment value, it has evolved into one of the most celebrated cricket tournaments worldwide, attracting top-notch players from across the globe.
Now that the 2024 edition of the IPL is around the corner, IPL betting enthusiasts are waiting for the tournament to start so that they can place their bets and earn big rewards. Talking of betting, Fun88 is one of the best platforms to place bets and earn big. It has an easy withdrawal process, round-the-clock customer service, various payment options, several IPL betting odds, flexible viewing options, and more. This exhaustive guide will help understand norms about IPL, and betting by offering you information on the format of the league, teams, key players, tournament seasons and results, points table, IPL history, and more.
History of IPL
Lalit Modi first suggested the thought of a professional cricket tournament in India, who was the previous vice-president of the BCCI. The tournament's first edition was held with 8 franchises representing many Indian cities, such as Mumbai, Kolkata, Delhi, Chennai, Bangalore, Rajasthan, Punjab, and Hyderabad. Two more franchises, representing Gujarat and Lucknow, were added to the league two years back.
Foundation of IPL
After India's success in the 2007 edition of the T20 World Cup, the Board of Cricket Control in India (BCCI), declared a franchise-based T20 tournament called IPL. The first edition occurred in April 2008 in a high-profile ceremony at New Delhi. The vice president of BCCI, Lalit Modi, who supervised the tournament, gave its details, including the format, prize money for the winning team, team composition rules, franchise revenue system, etc.
A seven-person governing council earlier operated the IPL, and the tournament became the T20 Champion’s League qualifying mechanism that year. On 24th January 2008, an auction of franchises was organised to ascertain the ownership of the participating teams. The reserve costs of the franchises were totalled at Rs. 33,32,51,80,000, even though the auction raised Rs. 60,120,992,700.
Organisation of IPL
The headquarters of the IPL is located in the Cricket Centre adjacent to the Wankhade Stadium in Churchgate, Mumbai. The Governing Council oversees the operations, including the league’s organisation. The members of IPL as of April 2023 are as follows:-
- Arun Singh Dhumal– Chairman
- Jay Shah– Secretary of the Board of Cricket Control in India
- Ashish Shelar– Treasurer of the Board of Cricket Control in India
- Avishek Dalmiya- re-elected member of the IPL governing council
- Pragyan Ojha– A representative of the Indian Cricketers' Association
- Alka Rehani Bhardwaj– Nominee of the Comptroller and Auditor General of India
IPL Prize money
With the success of IPL over the years, the Board of Cricket Control in India has decided to hike the prize money. During the 2010-2013 season, the winners received huge prize money of ten crore Indian rupees, and the runners-up received five crore Indian rupees. Since 2016, there has been a good increase as the winners obtained a whopping 20 crore INR, while runners-up received 11 crore INR.
Then the BCCI decreased the cash rewards because of the COVID-19 pandemic. The prize money decreased to ten crores INR for the winners in the 2020 edition, while the runners-up received six crores INR. The BCCI has also decided to reward the third and fourth-placed teams. Regarding the players holding Purple and Orange Caps, the player with the most runs will get Rs.15 lakh as a monetary prize, while bowlers with the most wickets will be rewarded. Additionally, the players from other award-winning categories will get Rs. 12 lakh to 20 lakh as a monetary prize.
The table below showcases the prize money of the league’s winner and runners-up throughout the IPL seasons:
|
Year/IPL Season |
Winner’s Prize Money |
Runners-up Prize Money |
|
2008 |
Rs 4.8 crore |
Rs 2.4 crore |
|
2009 |
Rs 4.8 crore |
Rs 2.4 crore |
|
2010 |
Rs 10 crore |
Rs 5 crore |
|
2011 |
Rs 10 crore |
Rs 5 crore |
|
2012 |
Rs 10 crore |
Rs 5 crore |
|
2013 |
Rs 10 crore |
Rs 5 crore |
|
2014 |
Rs 15 crore |
Rs 10 crore |
|
2015 |
Rs 15 crore |
Rs 10 crore |
|
2016 |
Rs 20 crore |
Rs 11 crore |
|
2017 |
Rs 15 crore |
Rs 10 crore |
|
2018 |
Rs 20 crore |
Rs 12.5 crore |
|
2019 |
Rs 20 crore |
Rs 12.5 crore |
|
2020 |
Rs 10 crore |
Rs 6.25 crore |
|
2021 |
Rs 20 crore |
Rs 12.5 crore |
|
2022 |
Rs 20 crore |
Rs 13 crore |
|
2023 |
Rs 20 crore |
Rs 13 crore |
IPL Winner List
The team that won the last season has a big impact on IPL cricket betting in India. In 2020, it was the Mumbai Indians, CSK won in 2021, and the Gujarat Titans in 2022. CSK came out on top again in IPL 2023, making them an important online IPL betting team. If you check the IPL winning team’s table, you'll see some teams which have won five titles, while others have only won once. Use this info to decide which team you want to support next time.
|
IPL Season |
Year |
Winner Team |
|
16 |
2023 |
Chennai Super Kings |
|
15 |
2022 |
Gujarat Titans |
|
14 |
2021 |
Chennai Super Kings |
|
13 |
2020 |
Mumbai Indians |
|
12 |
2019 |
Mumbai Indians |
|
11 |
2018 |
Chennai Super Kings |
|
10 |
2017 |
Mumbai Indians |
|
9 |
2016 |
Sunrisers Hyderabad |
|
8 |
2015 |
Mumbai Indians |
|
7 |
2014 |
Kolkata Knight Riders |
|
6 |
2013 |
Mumbai Indians |
|
5 |
2012 |
Kolkata Knight Riders |
|
4 |
2011 |
Chennai Super Kings |
|
3 |
2010 |
Chennai Super Kings |
|
2 |
2009 |
Deccan Chargers |
|
1 |
2008 |
Rajasthan Royals |
The table below shows a list of award categories and the winners of the awards:
|
Award Category |
Winner |
|
Most Fours |
Shubman Gill (GT) |
|
Catch of the Season |
Rashid Khan (GT) |
|
Longest Six |
Faf du Plessis (RCB) |
|
Fairplay Award |
Delhi Capitals |
|
Best Ground |
Eden Gardens, Kolkata |
|
Best Pitch |
Wankhede Stadium, Mumbai |
|
Emerging Player of the Year |
Yashasvi Jaiswal (RR) |
|
Super Striker |
Glenn Maxwell (RCB) |
|
Most Valuable Player |
Shubman Gill (GT) |
Rules of IPL
The Indian Premier League has various rules in place, ranging from the established Cricket Laws to what is used in other T20 tournaments. The rules about IPL are as follows:-
- The games integrate TV timeouts. Every team is provided with a two-and-a-half-minute time-out during every inning. The bowling team must take one time-out between the 7th and 9th over. The batting team must take another timeout between the 14th and 16th over. A penalty might be imposed if teams misuse this benefit.
- DRS has been used in the matches since the 2018 edition. It offers every team two chances every inning to review the on-field umpire's decision. Since the 2023 edition, it has been expanded to enable the review of no-balls and wides.
- Suppose the bowling team does not complete its quota of overs. In that case, it might place only four fielders out of the fielding limitation circle for the remaining part of the innings or else, after the match, the match referee might levy a penalty on the bowling team. The penalty may include some portion of the players’ match fees.
- The participating teams can use a substitute called the Impact Player from a checklist of five players named probable substitutes. The teams can make substitutes before the commencement of the innings, when a bowler takes a wicket, when a batter retires hurt or when an over ends. Teams can propose a substitute player only once every match.
- All participating teams can announce their playing eleven players to the match referee before or after the toss.
- A five-run penalty is levied if a wicketkeeper batter or fielder moves unfairly when the bowler is about to deliver the ball. In such cases, the ball is booked as dead.
- Teams can involve at least four international players in the playing eleven team.
- Each team must include 25 players in their respective squads, with a maximum of eight international players.
- Bowlers will be permitted to pass two bouncers in an over. This amendment was on trial during the Syed Mushtaq Ali Trophy, a T20 tournament in India.
The IPL rules outlined, from strategic timeouts and DRS enhancements to player substitutions and composition, aim to create a thrilling and fair cricketing spectacle. With penalties reinforcing adherence and experimental changes reflecting a commitment to innovation, these regulations contribute to the unique and exciting nature of the Indian Premier League, captivating fans and players throughout the tournament.
IPL Teams
Currently, IPL consists of ten teams. Every team has a fusion of national and overseas players, with a minimum of four overseas players allowed in the playing eleven. The IPL teams based on different cities and regions across India are as follows:-
- Kolkata Knight Riders
- Sunrisers Hyderabad
- Royal Challengers Bangalore
- Mumbai Indians
- Chennai Superkings
- Delhi Capitals
- Lucknow Super Giants
- Rajasthan Royals
- Gujarat Titans
- Punjab Kings
Key Players in IPL
The best thing about IPL is that it has attracted quite a few of the best-skilled players from around worldwide. Some key players to watch out for in the upcoming edition of are as follows:-
- Virat Kohli (Royal Challengers Bangalore)
- Mitchel Starc (Kolkata Knight Riders)
- KL Rahul (Lucknow Super Giants)
- Pat Cummins (Sunrisers Hyderabad)
- Rohit Sharma (Mumbai Indians)
- MS Dhoni (Chennai Super Kings)
- David Warner (Delhi Capitals)
- Shubhman Gill (Gujarat Titans)
- Jos Buttler (Rajasthan Royals)
- Shikhar Dhawan (Punjab Kings)
IPL Awards
The IPL has various award categories. The best-performing players are awarded. Some of the prominent award categories are as follows:
● Orange Cap
In 2008, the Orange Cap Award was introduced. The player who scores the most runs throughout the season wins the award. The highest run scorer gets the award at the season’s end. If the competition is ongoing, and if any current player has scored the most runs, he wears the Orange Cap when fielding for the team. The ultimate winner keeps the Orange Cap for the edition. Shaun Marsh won the award in the inaugural edition, and Brendon McCullum was the first player to wear the Orange Cap. David Warner won the cap thrice, the most by any player. Shubman Gill is the most recent winner of the Orange Cap, with 890 runs in the 2023 edition.
● Purple Cap
The player who took the most wickets at the end of every edition is awarded the Purple Cap. The competition is ongoing, and the bowler who takes the most wickets wears the purple cap when fielding. The top wicket-taker at the season’s end wins the award. Bhuvneshwar Kumar and Dwayne Bravo are the only players in IPL History to win the Purple Cap Award twice.
● Emerging Player Award
The Emerging Player Award was known as the Year’s Rising Star or the Edition’s Best Young Player Award in 2011 and 2012. Since 2014, the award has been known as the Year’s Emerging Player Award. The award was presented to the best player under 19 in 2008. Yashasvi Jaiswal won the award in the 2023 edition.
● Most Valuable Player
The Most Valuable Player Award was previously named the Man of the Tournament. Since the 2012 edition of the IPL, the Man of the Tournament Award has been named the Most Valuable Player Award. In 2013, a rating system was introduced based on which the best player is awarded. The winner of the 2023 edition was Shubman Gill.
● Fair Play Award
The team considered to have played fairly throughout the season is awarded the Fair Play Award. The award is awarded after the end of the edition. The on-field and third umpires evaluate and score the performance of each team, based on which the highest-scoring and best-performing team is awarded. The winner of the 2023 edition was Delhi Capitals.
● Maximum Sixes Award
The player who hits the maximum sixes by the end of the edition is awarded the Maximum Sixes Award. In 2023, Faf du Plessis won this award.
● Season’s Power Player
A powerplay in cricket is when only two bowlers are allowed outside the 30-yard circle, letting the batsmen score more and have an upper hand over the fielding team. The player who consistently performed well in the powerplay gets the season’s Power Player Award.
● Best Catch of the Season
The Best Catch of the Season has grabbed tremendous attention from the league's inaugural edition. It is awarded to the player whose catch has been the main highlight among all the catches in a season.
● Season’s Quickest Delivery
The quickest delivery of the season award is one of the most anticipated awards in IPL. It is awarded to the player whose ball delivery has been the fastest among all the deliveries in the edition.
Why is IPL So Popular?
There are many reasons why the Indian Premiere League is highly famous. Some of the reasons are as follows:-
● Game and Entertainment
IPL is more than a gaming tournament and is a delightful fusion of cricket and entertainment. It successfully combined cricket with showbiz, creating an unusual ambience that calls for a wider audience. Many well-known film and music personalities attend the league’s opening ceremony, making it a starry event. This entertainment aspect attracted ardent cricket fans searching for exquisite experiences beyond the game.
● Short and Exciting Matches
The league’s T20 format is ideal in a world where time is priceless. It summarises the conventional cricket game into a 3-hour window, letting individuals with busy schedules have some fun time and enjoy the game. The matches in IPL history are famous for quick-paced action, high-scoring face-offs and continuous search for boundaries. It has no dull moments with limited overs per side and intrusive batting. The fast and thrilling gameplay engages cricket lovers of every age and keeps them excited from the first to the last ball.
Interesting Fact: In the history of IPL, there have been 14 super-overs in the last 15 editions.
● A Matter of Regional Pride
Since the IPL is organised around a franchise system, participating teams represent different Indian regions. This helps motivate robust regional loyalties because cricket lovers lovingly back their respective home teams. The contest between the regional teams adds a sentimental perspective to the tournament. The matches between each team are tremendously anticipated. Regional pride drives cricket lovers to attend matches and engage in friendly chit-chat with the other team's fans. The connection between home teams expands fans’ sentimental investment in the tournament.
● A Platform for Emerging Players
The IPL is not restricted to Indian talent. Its ability to attract international players is among the several reasons behind its popularity. It is a great platform for skilled, young and emerging players. Its commitment towards youth development is one of the most important reasons behind its popularity. In every edition, rising talents from across India and the world showcase their skills on the huge stage. The league aims to nurture and promote promising players and create a sense of excitement about the game’s future stars. Seeing unknown players rise to prominence during the league surprises everyone.
● Technological Innovations
The league’s commitment to technological innovations stands out from other cricket tournaments. The introduction of the Decision Review System (DRS), and the SpiderCam added a new level of excitement and certainty to the game. The review system lets teams challenge decisions made by the on-field umpire and brings in a new level of strategy. The Spider Cam offers vigorous and mesmerising visuals, providing a unique perspective. The cutting-edge technology in the tournament ensures that it stands out in the cricketing world and continues to impress the tech-savvy audience.
Interesting Facts About the IPL
The following are some interesting facts about IPL:
- RCB holds the record for the highest and lowest score in IPL.
- In the inaugural season of the IPL, Saurav Ganguly of KKR was the first wicket to fall in the first game on 18th April 2008.
- Virat Kohli of RCB is the only player to play for one franchise in the history of the Indian Premier League.
- Bradd Hoogg is the eldest player to play a match in the IPL at 45. He played for KKR against Gujarat Lions on 8th May 2016.
- The youngest player to play an IPL match is Prayas Ray Burman. At 19, he played for Royal Challengers Bangalore against Sunrisers Hyderabad on 31st March 2019.
- Chris Gayle scored the highest runs with 175 when he played for Royal Challengers Bangalore against the now-dissolved team Pune Warriors on 23rd August 2013.
- During the auction for the 2024 edition of the IPL, Mitchell Strac became the most expensive player, surpassing Pat Cummins, the most expensive player in the 2023 edition.
Frequently Asked Questions About IPL
What is the objective of IPL?
The IPL was launched to promote cricket in the country and nurture young, talented, skilled players. The tournament aims to enhance cricket in India and develop new and talented players.
What is the format of playoffs in the IPL?
The 2024 edition of the IPL will be the same as previous seasons. The top four teams will make it to the playoffs and compete in three matches- Qualifier 1, Eliminator, and Qualifier 2.
Why do Indians love to see IPL matches?
The league is a big cricket tournament with teams representing various Indian cities and regions. Cricket enthusiasts witness the best players in the world and enjoy music and entertainment during intervals. Also, since the teams represent major Indian cities and regions in the tournament, everybody can celebrate their respective hometowns.
Ticket price of IPL?
The ticket price for the 2024 edition of the IPL for upper stands, such as B, C, K, F, or L, is between Rs.900 and Rs.2100. The cost of the Upper House Club is Rs.3000, while the Lower House Club is priced at Rs.9000, whereas the VIP costs Rs.19,000.
How much does an IPL ticket cost?
The ticket price of the IPL varies depending on the seating type you opt for. The cost of an IPL ticket usually ranges from Rs. 500 to Rs. 5000. There are several kinds of fares with ticket costs. VIP seats are also available, which generally cost a high value.
IPL winning amount?
The prestigious Indian Premiere League is the most prestigious tournament in the world and offers the highest prize money. Several top corporate institutions support the league. The winner is awarded around Rs. 20 crores. The runner-up is awarded Rs. 13 crore.
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