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IPL Winner Betting Odds - Who Will Win IPL 2023? (Odds Comparison)

15 March 2023

In this article, we will compare the various IPL winner betting odds available in the Indian market for 2023. We make it easy for you to choose bookmakers that offer the best odds for IPL 2023 and make the most out of your bets!

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IPL Betting Odds Compared (2023)

Odds Last Updated: 06th April 2023

The Indian Premier League has become one of the largest cricket tournaments in the world, with not just Indians but the world tuning into their TVs and watching every match. So there’s not much surprise that the IPL is also a huge event for punters.

As any experienced punter will tell you, the secret to making the most profit during a big league such as the IPL is to find the best and most profitable odds. Every bookmaker sets its own IPL winner odds, and it can be pretty tedious to compare them all since it’s not possible for you to manually sign up on every betting site and check odds across the board before you bet.

So we have decided to do that for you. In the following section, we will talk about every team in IPL 2023 and also compare the IPL betting odds offered by various bookmakers for each of these teams.

So stick around and find your perfect IPL betting sites based on the odds they offer!

NOTE: Not all betting sites have released their IPL winner odds, and even these current odds could change closer to the tournament - we will keep checking and updating our article to reflect the latest odds.

Compare IPL Winner Odds for Your Team!

Gujarat Titans

Gujarat Titans made history with their maiden performance in the IPL 2022, but will the defending champions be able to win once more? This year, there are high expectations from Gujarat Titans, and they no longer have the element of surprise.

However, there is still quite a high chance that the team, led by its all-rounder captain, Hardik Pandya, will be able to secure the IPL trophy again. Many bookmakers have set odds quite in favour of Gujarat Titans, as you will soon see.

With honed players such as Rashid Khan and Shubman Gill, with Pandya at the helm, the team will dazzle fans with another strong season.

IPL Betting Odds for Gujarat Titans 2023

Mumbai Indians

Mumbai Indians, the team that has lifted the IPL trophy 5 times in the past, had a terrible season in 2022. The team was not at its best, and they suffered many defeats last year. This year’s chances for Mumbai Indians are also doubtful, especially since some of their best players cannot play.

With Jasprit Bumrah and Jhyr Richardson out due to their injuries, the team’s strength has been reduced to half even before the season began. One relief to the team’s fans should be that Cameron Green has fully recovered and is fit to play the entire season.

However, for now, the bookmakers have assigned favourable IPL winner odds to Mumbai Indians. But we feel that there is a high chance that these odds might change before the season begins.

IPL Betting Odds for Mumbai Indians 2023

Chennai Super Kings

Chennai Super Kings has historically been a very strong team which has experienced a couple of rough seasons. However, IPL 2023 is returning to the home-and-away format, which should benefit CSK, giving them an added advantage over other teams.

With this being the final season for Dhoni, Chennai Super Kings does have a lot to prove. But they have been dealt some early setbacks, with Kyle Jamieson unable to play due to his injury and Ben Stokes also out with a knee injury.

Despite these challenges, CSK can turn things around in the 2023 season still. They might not have the most favourable IPL odds, but they still have the Dhoni magic on their side.

IPL Betting Odds for Chennai Super Kings 2023

Rajasthan Royals

Rajasthan Royals surprised fans and experts with their strong performance in the 2022 season, making it to the final against Gujarat Titans. Their performance under the captaincy of Sanju Samson was commendable and might be even better this year.

Players such as Jos Buttler and Yuzvendra Chahal were the driving force behind the success of the Rajasthan Royals, and these players are returning to the field yet again. If they maintain the same energy as last year, Rajasthan Royals may win the IPL 2023 title.

The secret to victory for Rajasthan Royals should be teamwork - and most bookmakers have given them generally favourable odds this year.

IPL Betting Odds for Rajasthan Royals 2023

Lucknow Super Giants

Lucknow Super Giants were one of the two new teams that joined the IPL in 2022, and while Gujarat Titans won their maiden tournament, the LSG also performed well in their first season.

Under the captaincy of KL Rahul, the Lucknow Super Giants had managed to win nine out of their fourteen games. If the team can somehow manage to push even harder, the LSG can prove to be a significant competitor in this year’s tournament.

While KL Rahul’s performance has been a bit rocky in other tournaments this year, he has been one of IPL’s most reliable batters, and he needs to bring back his A-game to make sure that LSG has a winning chance and the IPL odds set for the team reflects that.

IPL Betting Odds for Lucknow Super Giants 2023

Kolkata Knight Riders

Kolkata Knight Riders are known for their shaky performances in the IPL. While they have had a couple of good seasons, their management style has been criticised by many fans who think that the team could be doing so much better than it does at the moment.

The KKR is currently at the bottom of the pile amongst the contenders for the IPL 2023 crown. Even the IPL winner odds reflect the situation of the team.

To make matters worse, the team’s captain, Shreyas Iyer, has also been injured, so he will no longer be able to participate in the IPL 2023 season. Nitish Rana has been made captain in Iey's absence, but KKR sure does have many challenges set up for it this season. It would take nothing short of a miracle for them to win the IPL 2023.

IPL Betting Odds for Kolkata Knight Riders 2023

Sunrisers Hyderabad

Sunrisers Hyderabad is alongside KKR at the bottom of the bookmakers’ list of probable IPL winners odds. The team has not had a very easy journey in the last few seasons of the IPL. However, there still might be a chance that they will manage to turn things around.

Sunrisers Hyderabad has picked a new captain Aiden Markam, the South African cricketer who led his team, Sunrisers Eastern Cape, to victory in the inaugural SA20 League. Sunrisers Hyderabad could benefit from this energetic new captain, who has already proved his worth in the South African league.

For now, Sunrisers Hyderabad has low odds, but that might just mean that fans who bet on the team make the most profit for cheering for the underdog team!

IPL Betting Odds for Sunrisers Hyderabad 2023

Royal Challengers Bangalore

The Royal Challengers Bangalore have a massive fan following in the country. Many believe that this fan following is due to the strong brand identity of the team and the Virat Kohli factor - so far, RCB’s performance has been consistent but never mind-blowing.

The IPL 2023 tournament might show us a new side of RCB. Under the leadership of Faf Du Plessis, the team will have considerable work to do if they hope to win the trophy this year. However, after the departure of AB de Villiers, the star South African RCB player last year, the RCB team is certainly weaker than before.

Bookmakers have placed RCB in the middle of the ladder, with average IPL betting odds.

IPL Betting Odds for Royal Challengers Bangalore 2023

Delhi Capitals

Delhi Capitals has not yet secured a victory in the IPL. However, the team cannot be ignored. The Delhi Capitals have had some great performances in the past. The 2023 season may just be when the team turns it around.

The Delhi Capitals have had some setbacks this season, the biggest being the absence of Rishabh Pant, their captain, who will not be playing due to his accident. The good news is that Australian cricketer, David Warner, will be made captain in Pant’s absence.

David Warner has some good experience as a captain and is known for his aggressive leadership style. Perhaps Warner will make all the difference and lead Delhi Capitals to their maiden title in 2023. Here are the IPL odds for Delhi Capitals.

IPL Betting Odds for Delhi Capitals 2023

Punjab Kings

Punjab Kings has made big plans for IPL 2023, making big changes to strengthen their bid for a win. They purchased Sam Curran, arguably one of the best all-rounders in cricket right now, for a whopping INR 18.50 crores.

They have also made a big change with their captain, removing Mayank Agarwal from the role and selecting Shikhar Dhawan to lead the team. With this change in leadership, the team might change things around and have a legitimate chance at winning the title this year.

However, due to the team’s shaky performances in the past, the bookmakers have given them less than average IPL winner odds, which means that fans of the team might be in for a big win if the Kings pull through.

IPL Betting Odds for Punjab Kings 2023

Who Will Win IPL 2023?

There is no answer to who might end up lifting the IPL 2023 trophy. Here at My Betting Sites India, we can help you pick the best betting sites with the highest IPL winner betting odds, but when it comes to predicting which team might win, we don’t want to make any false promises.

The whole fun of betting on the IPL is to make your own predictions. While some teams (Gujarat Titans, Mumbai Indians) are believed to be favourites by the experts, no one can accurately predict which team will win the tournament.

The key to making more accurate predictions is to keep up with the player lineup and know which players perform best in which conditions. Knowing these few details will help you more than blindly trusting what so-called “experts” have to say about IPL predictions.

So who will win IPL 2023? We don’t know. But we will take our chances, enjoy each match, and bet on the teams that get us the most excited!

IPL 2023 Format and Schedule

IPL 2023 Format and Schedule

The IPL 2023 is starting from the 31st of March 2023 and will last till the 21st of May 2023, which gives us plenty of time with our favourite cricketers!

IPL 2023 is also returning to the home-and-away format after it had to be discontinued for the last couple of years due to Covid-19. But IPL 2023 promises to be exciting, with many venues across the country as well as a new impact player rule.

As is normal, the 10 IPL teams will be divided into two groups of 5 teams each. Each team will play two matches each (home and away) against the four teams in their group, one match each against the five teams in the other group, and one match with a randomly selected team. This means that every team plays 14 total playoff matches.

Here are the groups for IPL 2023:

Group AGroup B
Mumbai IndiansChennai Super Kings
Kolkata Knight RidersSunrisers Hyderabad
Rajasthan RoyalsRoyal Challengers Bangalore
Delhi CapitalsGujarat Titans
Lucknow Super GiantsPunjab Kings

The teams that win each match will be awarded 2 points. The team which loses will be awarded no points. And teams that end up in a tie will be awarded 1 point each.

IPL Betting Tips from MBS India Experts

Tomesh Kulkarni

Tomesh Kulkarni

Website Manager

Never rely too much on IPL predictions.

If someone has told you that they can accurately predict which team will be winning the IPL 2023, then don't trust them. Cricket is unpredictable, and no one has the right answer - no matter how many star charts they may have looked at.

Secondly, don't just focus on the IPL winner odds. Always check smaller betting markets as well (which usually only open a week or so before the actual match). These smaller betting markets, such as top scorers, total runs, fours and sixes, etc., can often make you more money than outright bets.

In fact, keep your eye out for bets that can be cashed out - cashing out at the right time can make sure you either cut your losses or maximise your winnings at the right time.

Trust your instincts and expertise!

Vasudha Dewan

Vasudha Dewan


Don't use only one IPL betting site.

This is perhaps the most useful advice you will ever get - don't just stick to one IPL betting site. Open a few different accounts, claim a few different bonuses, and ALWAYS COMPARE ODDS.

Comparing odds is the best way to make the most profit for your money. The difference between odds can look like it's not a lot - but if you select the better odds for a few bets, it all adds up quickly.

All expert punters compare odds from at least 5-6 bookmakers to make sure that they're getting the best deal. Having several bookmaker accounts also allows you to make different bets on different accounts.

Sign up on several betting sites!


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