IPL Odds 2023 – Who Are the Main Favourites to Win the Indian Premier League?

The 16th edition of the Indian Premier League started with a bang as the defending champions Gujarat Titans took on the four-time champions Chennai Super Kings. The match went to the last over, and the Titans surpassed the Super Kings by five wickets. The Indian Premier League has never fallen short of producing some engaging contests, and the first game proved the same.

With the season already in action, the fans have started predicting which team will come on top. This article will examine the current IPL odds, analyze the favorites and contenders, and provide predictions for the winner, runner-up, and playoff teams. Whether you’re a die-hard cricket fan or a casual observer, this article presents a comprehensive guide to IPL 2023 and what to expect from this year’s tournament.


Outright odds

Gujarat Titans: 6.50

Royal Challengers Bangalore: 8.50

Rajasthan Royals: 8.50

Mumbai Indians: 8.50

Delhi Capitals: 8.50

Lucknow Super Giants: 9.50

Chennai Super Kings: 10.00

Punjab Kings: 12.00

Sunrisers Hyderabad: 12.00

Gujarat Titans: Can the Defending Champions Do It Again?

Winning odds: 6.25

These odds from Ladbrokes were correct at the time of writing.

The Gujarat Titans made their debut last season and won the trophy after defeating the Rajasthan Royals in the final. They had won ten out of 14 league games and finished the season in first place and started from where they left last year this season. The Titans appear poised for another strong campaign and have odds of 6.25 to win it. They have bolstered their squad in the mini-auction and are among the top favorites to win the tournament, as reflected in the current IPL odds.

The Titans have Shubman Gill at the top, who has been in the best of his form in the past couple of months. The middle order containing Hardik Pandya, David Miller, and Rahul Tewatia can finish matches from any point. The pace attack led by Mohammad Shami can rattle any batting order in the tournament. The biggest weapon in the Titans’ armory is the presence of Rashid Khan, who won the Player of the Match award in the first game.

Punjab Kings, the Dark Horses: Which Team Has Impressive IPL Odds to Win the Tournament?

Winning odds: 8.50

These odds from Ladbrokes were correct at the time of writing.

The Punjab Kings have been one of the teams which have delivered mediocre performance consistently. They have finished in sixth place in the last four seasons and have managed to qualify for the playoffs twice since the start of the league. They have made a couple of changes to the squad and might be one of the IPL favourites this season. They released Mayank Agarwal before the mini-auction last year and have named Shikhar Dhawan as the captain.

They made a lot of noise at the auction table last year and shelled out INR 18.5 crores for Sam Curran, making him the most expensive player in the auction’s history. They also bought Sikandar Raza, who has been one of the best T20 players in recent times. The Kings found a like-for-like replacement for Jonny Bairstow in the form of Matthew Short, who can open the innings alongside Dhawan and can bowl a few overs. The bowling attack consists of Kagiso Rabada, who can be effective in the powerplay overs, and for the death overs, they have the star Indian pacer, Arshdeep Singh.

Analyzing the Chances of Each Team to Win IPL 2023: Who’s Got the Best Shot?

Sunrisers Hyderabad have managed to assemble a strong squad consisting of Indian as well as overseas players. They have also got Aiden Markram, who helped the Sunrisers Eastern Cape win the SA20, as the captain. Based on the current Indian Premier League odds, the SRH are one of the teams to watch out for this season.

SRH title win odds: 12.00

Rajasthan Royals were superb with both bat and ball last season. They fell short of becoming the two-time champions in the final last season but have covered most of the bases this year. They might be one of the teams that can finish at the top of the table.

RR title win odds: 8.50

Mumbai Indians finished in the last place in 2022, and this year might not be different for them. The absence of Jasprit Bumrah makes their bowling attack look weak. The five-time champions have a strong batting unit, but the bowling might let them down again this year.

MI title win odds: 8.50

Lucknow Super Giants finished in third place in their debut season, and they have released a couple of players who were a part of the playing 11 last year. Their pace attack in the absence of Mohsin Khan looks weak, which is likely why LSG might miss the playoffs this season.

LSG title win odds: 9.50

Royal Challengers Bangalore won eight out of 14 games last season and qualified for the playoffs third time in a row. Their bowling attack looks good on paper, but they might struggle at the M.Chinnaswamy Stadium this season.

RCB title win odds: 8.50

Delhi Capitals missed qualifying for the playoffs last season as they finished in fifth place. They will miss Rishabh Pant’s services this year, which might affect them a lot.

DC title win odds: 8.50

Kolkata Knight Riders will be without Shreyas Iyer for the first couple of games this season. They will be highly dependent on Andre Russell and Sunil Narine this season, which might be a risky choice considering their recent performance.

KKR title win odds: 11.00

In the opening match of the season, the Chennai Super Kings suffered a defeat at the hands of the Gujarat Titans, largely due to a lackluster bowling performance. With a relatively inexperienced bowling lineup, the Super Kings’ chances of making the playoffs could be affected. This weakness has been reflected in the current IPL odds, which place them as mid-tier contenders for the tournament.

The Winner: Our Prediction for the IPL 2023 Champions

Only Chennai Super Kings and Mumbai Indians have managed to win the trophy back-to-back. The Gujarat Titans have the opportunity to become the third team to achieve the same feat this year. In the mini-auction, the Titans managed to fill in the gaps from last season and have assembled a strong team. They dismantled the Super Kings in the season opener and might continue to dominate the other teams in the upcoming weeks.

Runner-Up and Playoff Teams: Which Teams Will Fall Just Short of Winning IPL 2023?

Either the Sunrisers Hyderabad or the Rajasthan Royals have the chance to make it to the final of the league this season alongside Gujarat Titans. Punjab Kings might be the fourth team to join them in the playoffs. But, it will be really hard for these three to overcome the challenge of the Titans.

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About the author


Rohit is an ardent cricket fan who aims to catch up with the coverage of every single cricket match. He can be found jotting down his thoughts on the game or practicing his favourite pull shot during breaks from watching cricket.