A lot of money is made and not just by players participating in IPL, but also by people who bet on Indian Premier League (IPL) Today match prediction. As the tournament starts, while most cricket fans head to the stadiums to enjoy the match, others try to use their luck and knowledge of the game to make some money. IPL was inaugurated back in 2008 and this year, it will see its ninth season. The success of the tournament has been tainted by a few spot-fixing controversies and match-fixing scandals, but the league is still going strong and the BCCI has no plans of ending the tournament any time soon.
Over these nine years, the Indian Premier League has become one of the biggest cricket events in the world and is followed by millions of fans in India as well as all over the world. Some controversies may have hindered the tournament’s progress and raised questions about its integrity, but nevertheless, it remains a prime source of entertainment for Indian cricket fans.
The combination of the film industry and cricket has proven to be equally profitable for both parties. Bollywood celebrities owning a franchise or part of a franchise have paid thousands of dollars in wages and bonuses to Indian as well as international players. These players, in return, have delivered high-quality action and performances. Although Bollywood celebrity Shah Rukh Khan had to wait four years for his team Kolkata Knight Riders to win its first title, the team has gone on to win the title twice. The success in IPL has led Shah Rukh to invest in other cricket leagues such as in the Caribbean Premier League, where he owns shares of the T&T Red Steel.
How much money is made in betting on IPL match predictions is hard to estimate, but the figure is believed to be in billions of dollars. Over the course of eight years, the league has dished out several punishments to parties found involved in any sort of fixing or gambling, which is a positive action and is probably the reason IPL is still going strong.
Regardless, the success of IPL has had a great influence on cricket as well as on other sports. India is now conducting its football league with the presence of international stars. The same goes for other sports such as badminton, hockey, and tennis. The influence of IPL in the cricket world can be seen clearly as several other T20 leagues similar to IPL have been launched. The Big Bash League, Caribbean Premier League (CPL 2016), Bangladesh Premier League, and Sri Lanka Premier League are some of the examples. Recently, Pakistan also launched its T20 league similar to IPL, which will be held in UAE and is known as the Pakistan Super League.
The renaissance of cricket can’t entirely be credited to IPL as the one thing common in all these tournaments is their format. T20 has changed the cricket world for good. A three-hour game that is much shorter than the other two formats of cricket, T20 is widely successful because of its time span. The fact that the limited overs require the teams to play a very aggressive and fast-paced game is another reason T20 is the most popular format at the moment. Whether the T20 format and all the T20 leagues are beneficial for the long-term survival and success of cricket remains to be seen. But the fact remains that T20 has helped increase cricket’s popularity, which is evident by the increasing viewer population and the growth in the number of cricket-playing countries. T20 has provided a path for the teams that lack a Test status to take an active part in international cricket and promote the sport in their region. The participation of associate teams in the upcoming T20 World Cup is proof that T20 is helping cricket broaden its horizons. Nevertheless, a lot of this success can be credited to IPL as it is arguably the first league to convert cricket into an action-packed entertainment product like football and baseball.
It remains to be seen how long the Indian Premier League can continue to run, but as of now, it seems like all cricket fans will continue to be entertained by IPL. In fact, fans are already gearing up for the next edition of IPL. Although its two most successful teams Rajasthan and Chennai will not be a part of the season for two years, the tournament is still expected to be a success. The suspension of these two teams is made on the grounds of betting and spot-fixing in Indian Premier League 2013 match predictions. However, the two teams will be replaced by new teams of Pune and Rajkot. The two teams have already drafted five players from the squads of the now suspended Rajasthan and Chennai teams. The auction for the next season will take place next year after which the trading window will open for all teams.
Even after several controversies, the ninth edition of IPL remains a lucrative event with most international players expected to take part in the tournament, which will begin in April and run through most of May. The presence of Bollywood celebrities will continue to add to the charm of the league, while international players taking part in the tournament will make it an entertaining one for the fans.
It remains to be discovered whether the suspension of Rajasthan and Chennai will influence the popularity of the tournament in any way. The organizers of the event are hoping to conduct this edition of IPL without the cloud of spot-fixing or betting. Although betting activities are almost impossible to shut down, the teams and fans will be hoping that none of the team management and players are found involved in betting or gambling over the Indian Premier League (IPL) match prediction as it can adversely affect the success and popularity of the tournament.