IPL season is here and you are going to hear about players making millions of dollars over the course of a very short time. Is there a way that you can make some money watching the IPL as well? As it turns out, there are a few ways that you can get into the action as well.
- Betting online
Hear us out. Betting is illegal in India but there is no law that says you cannot bet online. Also, since most of cricket betting sites in India are registered abroad, the law goes into a very gray and difficult to fathom area.
What we can say is that no one has ever been arrested for betting online. If you do happen to be adventurous enough to try or live in an area where it is legal, you can make a lot of money very quickly. If you have good cricketing knowledge, you can actually put your money where your mouth is.
- Fantasy Cricket
Apps like Dream11, MyTeam11, or MPL offer users the chance to set lineups, earn points, and then win real money. We don’t think there is much of a difference between these ‘fantasy’ apps and cricket betting but the courts hold a different view! Your chances of winning any real money are pretty slim but you can still end up enjoying the IPL more and maybe make a few bucks along the way.
- Join a prediction pool
Offices, schools, colleges, or just a WhatsApp group is all you need to make a prediction pool for the IPL. Get a bunch of your friends together and get your predictions in before the start of the match. A small buy-in of about Rs.1000 can end up providing very decent prize money if you have enough people participating.
Pro-tip: Invite people that you know you will be able to beat!!
Good luck and have fun!