Who has the highest odds on the IPL 2024 winner?

Shivam Bhateja Published: 25/2/2024

In an effort to provide sportsbook enthusiasts in India with valuable insights, we analyzed the 2024 Indian Premier League (IPL) outright winner odds across various betting platforms. Our goal was to identify which site offers the most favorable odds to bettors.

It's important to bet on the betting site with the highest odds to improve your winning chances over time, and the sportsbook margin is also an important metric in how we rate betting sites.

How was this research done?

Our analysis focused on calculating the sportsbook margin for each operator using the formula:

Sportsbook margin = 1 - 1 / (p1 + p2 + ... + pn)

where p1, p2, ..., pn, represent the implied probabilities of each team winning, derived from the odds as

Probability = 1 / odds

Date of research

This research was done, and all data was collected, on the 25th of February.

Getting a result

The operator with the lowest sportsbook margin has the highest odds.

The data

Operator Sportsbook margin
Fun88 8.66%
Dafabet 8.66%
10cric 13.04%
BC.Game 13.04%
Parimatch 13.34%
Vbet 13.34%
1xbet 17.06%
Megapari 17,06%
Pinup 19.83%

Findings - Fun88 and Dafabet has the highest odds

Our research revealed that Fun88 and Dafabet offer the highest odds, both presenting a sportsbook margin of 8.66%. This translates to a Return-to-Player (RTP) rate of 91.34%, positioning them at the top among the evaluated betting sites.

What operators was included in the research?

We included many of the top cricket betting sites in India, here is the full list.

Considerations

It's important for bettors to recognize that odds and margins are subject to change. While our research provides a snapshot as of its publication date, the relative ranking of operators based on their sportsbook margins tends to remain consistent over time. Additionally, this analysis pertains specifically to outright winner odds for the 2024 IPL and may not apply to all betting options available for the tournament.

In conclusion, our findings highlight Fun88 and Dafabet as the leading betting sites for those looking to wager on the 2024 IPL outright winner, based on the sportsbook margins. As odds fluctuate, we recommend bettors stay informed on the current odds for the most informed betting decisions.

You can always find the latest IPL winner odds here on BettingGuide.

I am an avid reader and passionate writer. I have been working in the content writing industry for the past 10 years now and I have written hundreds of content pieces that cover the world of gambling. With a passion for all things related to casinos, sports betting, and online gaming, I bring a unique perspective and in-depth knowledge to my pieces. From strategy guides to reviews and analysis, my goal is to provide readers with the information they need to make informed decisions and enhance their experience. Let's win big together!