Cricket Indian Premier League Guide
Posted: April 9, 2021
Updated: April 9, 2021
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Let's Take a Closer Look at the Indian Premier League
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Find All The Odds On IPL You Need At Bet365
Indian Premier League or in short IPL, is a cricket league which originated in India in 2007. In some ways, IPL is more famous than the regular variants of cricket. IPL usually takes place in the spring and early summer seasons of March and May. The league currently consists of 8 teams. These teams represent 8 cities/states in India. The format of IPL is the fast-paced Twenty20, which keeps the games exciting. IPL is hands down the most popular cricket league. Effective broadcasting has been one of the most lucrative ways IPL has spread throughout the globe. With the rising popularity and the compelling need to learn more about IPL, we have prepared a cricket Indian premier league guide for you.
The Indian Premier League holds certain records in the sports world. Back in 2010, IPL graced YouTube with the first sports event to broadcast live. Later on, it was the
However, before we dissect the 8 teams of IPL, let's take a look at the background of the most famous cricket league.
Background of Indian Premier League
The story of IPL goes back to 2007 when ICL existed as well. Indian Cricket League was a curation of former Indian cricketer, Kapil Dev. However, ICL did not endure long enough to see the light of the day. The main obstacle in the proper inauguration was the condemnation from the Board of Control for Cricket (BCCI) as well as the International Cricket Council (ICC). After failing to receive recognition from the cricket gods, by 2009, ICL simply ceased to exist. On the other hand, IPL was booming under BCCI’s former vice president, Lalit Modi. Essentially the names in association with IPL were partly responsible for its success. This was done via an auction which would determine the ownership of the 8 teams and the cities they were going to be based on. The 2008 IPL auction is the first of its kind. The auction had franchises based on cities which were sold at a total of $723.59 million. The most popular player on auction was Mahendra Singh Dhoni, a former India team captain. Dhoni was the first Indian and most costly player in the ceremony with a total cost of $1.5 million. Meanwhile, Shane Warne holds the record of being the first player ever to be auctioned at an Indian Premier League bidding ceremony. Warne was placed in the team Rajasthan Royals at a bid of $450,000. There were a total of 77 players up for auction, 48 of which were foreigners. Among the international players, Andrew Symmonds, a former Australian player, was the most expensive bid of $1350,000. After the bidding ceremony was over, the franchises were formed with their squad ready.Indian Premier League 2008
Here are the teams in the very first season of Indian Premier League:- Delhi Capitals
- Kings XI Punjab
- Kolkata Knight Riders
- Mumbai Indians
- Royal Challengers Bangalore
- Chennai Super Kings
- Rajasthan Royals
- Deccan Chargers
How does the Indian Premier League auction work?
This auction is what makes IPL most exciting to watch. The bidding ceremony makes the nature of the game most unpredictable due to the shuffling of players each year. This shuffle allows each team to start off on a relatively even ground. IPL auction is not to be taken lightly, since it sets the tone for team performances early on. But how does the auction work? Let's take a look at this Indian Premier League guide regarding the infamous auction.When does the auction take place?
The auction takes place every year. However, not all players are available for bidding each year. For all the players to be available in the auction, they have to have an expired contract with their previous franchise. Some franchises are keen on keeping their high-ranking players for their own squad. For instance, the former Indian team captain, MS Dhoni has been a part of Chennai Super Kings since the inception of Indian Premier League itself. Overall the shuffle of players basically comes down to a few players which can fill the empty spots on a squad. In the 2018 auction for Indian Premier League, all players were available in the bidding pool enabling all squads to choose as they please.Types of players in auction
Since IPL is essentially an Indian cricket league, there will be more inclination towards Indian players. Therefore there are three categories of which two are dedicated to Indian players. The categories in IPL auction are:- Capped Indian players
- Uncapped Indian player
- Foreign players
The layout of an IPL team
IPL team layouts are usually based on a set format which is in the application when considering players for auction. This layout allows a team to be made up of completely Indian players. However, there is a limit to the number of foreigners in a team. The minimum number of players in a team can be 18 and no less. Whereas the maximum number can be 25. Among these limits, a team can attain a maximum of 8 foreign players. From these 8 foreign players, only 4 can play in the XI players at the same time. So when it comes to the bidding ceremony, owners of franchises meticulously choose players for their squad from a plethora of cricket players. They also have to be mindful of the budget they are provided with for the selection of an entire team. Let’s take a look at the budget designated for each team.The designated budget
To keep things fair, each franchise will be allocated a budget for the bidding war. This approach is taken to exclude any disparity in financial matters of relative teams. All teams follow the same benchmark which allows for a fair auction. For this very measure, the budget is set to INR 80 crores (approximately $11 million). Each franchise is to ensure that the entirety of bids stay within the budget. Another common practice is to spend half of the budget accumulating the team and rendering the rest to secure high-ranking players. The high-ranking players do not come cheap, therefore allocating funds is a tough job. On top of this, it is mandatory to spend at least 75% of the budget at the auction. When buying an entire team, the members of the franchise do not spend the entire budget on buying the players. It is also wise to keep something for future engagements.Setting base prices
Now you may wonder, who is responsible for setting the base price for the players? The answer is: the players themselves have the authority to set their base price. Now when setting base prices, the players have to keep in mind the minimum and maximum limits. The minimum base price should not fall below INR 10 lakh ($14,000), and the maximum has to be INR 2 crore ($275,000). The base price has to be met by each bidder in order to secure the player. Many players face the unfortunate situation of remaining in the pool without being able to secure a spot on the team. More often than not the reason behind this is the high base price set by the player themselves. Since a lot of work goes into the selection process, it is reasonable to dedicate a price according to performance. Another question regarding the auction money is: who does it go to? The auction money goes to the players. Essentially, the amount the players are bought at is the price will be paid to them each year throughout the length of their contract. This way the players earn a substantial amount of money. Indian Premier league offers to pay fair wages to the players throughout their contracts. Furthermore, if a player does not play their entire length of the tournament, they still get paid.Now that we have dissected the auction ceremony of Indian Premier League we can move on to the teams.Find all the essential cricket odds and statistics at bet365
Chennai Super Kings
Chennai Super Kings are Indian Premier League’s top teams due to owning the highest victory percentage of 61.28% among all other teams. The team is based on the city of Chennai in India’s 11th largest state, Tamil Nadu. The team’s acquisition lies in the hands of the company, India’s Cement since 2008 acquiring for $91 million. The team now owns a separate brand of ownership under the name of Chennai Super Kings Cricket Ltd. Chennai Super Kings career in Indian Premier League has been spectacular so far (if you do not count the suspension in 2016-2017). The team holds 3 championship titles since 2008 along with being runner ups on 4 occasions. In Addition to holding these titles, the team has never missed a chance to appear in the playoffs. Let’s take a look at a brief overview of their performance since the inaugural season.-
2008
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2009
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2010
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2011
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2012
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2013
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2014
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2015
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2016-2017
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2018
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2019
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2020
Check out the actual IPL odds at bet365
Delhi Capitals
Delhi Capitals, formerly known as Delhi Daredevils, till 2018, has been an Indian Premier League full of surprises. The team belongs to the capital of India which is one of the reasons for the name change. The team is under joint ownership with GMR Group and JSW. Their homeground is Arun Jaitely Stadium in New Delhi. The team has had main famous Indian International players throughout their history. Some of the names are Virender Sehwag, AB de Villiers, Shreyas Iyer, Glenn McGrath, etc. Furthermore, their team is under coaching of the famous former Australian cricketer, Ricky Ponting. Let’s take a look at a brief overview of their performance since the inception of Indian Premier League.-
2008
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2009
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2010
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2011
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2012
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2013
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2014
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2015
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2016
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2017
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2018
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2019
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2020
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