The Indian Premier League - the most unpredictable and wild ride in T20 cricket - remains the place to be for anyone looking for some serious action. As the next set of matches come up, getting a grasp on what's happened in the past - namely, how prices have moved and teams have performed - is crucial to making sense of those current match odds.
Across recent seasons (2023–2026 window), internal analysis of completed IPL matches shows:
With a 65% favourite win rate, the market generally performs efficiently. However, the remaining 35% underdog success rate highlights consistent upset potential.
When analysing upcoming matches:
The way the ball behaves in an IPL match has a massive impact on both the bets you place before the game and while it's in progress.
We're looking at a league which loves to throw up big scores - 40% of the time, a team will knock up over 200 in their first innings, and 43% of the time they'll go on to score over 350 in total. You can bet your bottom dollar that some aggressive batting strategies get the nod - and then there are the powerplays and death overs to think about - all of which can turn the tables on your win probability in a flash.
When it comes to the next set of matches, there are a few key things to bear in mind:
And it's not just the big picture stuff - small differences in team balance can make all the difference to how many runs a team will score, and where the market is headed.
Several clubs consistently influence both pricing and public betting behaviour:
Upcoming IPL matches are heavily influenced by the availability and role of elite players such as:
Changes in batting order, captaincy decisions or late injury updates frequently lead to measurable price movement before match start.
Several features make the IPL fixtures stand out from the run-of-the-mill T20 series:
And to top it all off, 35% of the time the underdog gets up and runs away with it, so even the most strongly favoured teams carry some genuine risk.
All the stats we've been talking about here come from OddsRun's internal match database, covering the last 3 seasons - 2023 to 2026.
We're working with:
We only looked at completed matches - and we used closing prices to get a handle on what the market was saying at the end of the day. That way, we can compare it year to year with some consistency.
The data itself is compiled and processed independently on the OddsRun platform.