Indian Premier League Cricket Betting

The Indian Premier League is a Twenty20 cricket competition scheduled to start in April 2008. The Indian Premier League will last for 44 days, involving 59 matches. The prize money for the league will be around Rs 13 crore (US $3million).

Each team will have a pool of 16 players, with a maximum of eight foreign players and a minimum of four under-22 players. Additionally, at least four players must be from the catchment area where the team is based.

Each team will play the other 7 teams home and away, the top four teams at the end of the group stages will proceed through to the semi finals. 

The teams were created by auction in January 2008 and the winning bids and teams are as follows

Bangalore
Royal Challengers Dr. Vijay Mallya / UB group $111.6 million

Chennai
Super Kings India Cements / N Srinivasan $91 million

Delhi
DareDevils GMR Holdings $84 million

Hyderabad
Deccan Chronicle $107 million

Jaipur
 Emerging Media :(Manoj Badale, Lachlan Murdoch, Suresh Chellaram) $67 million

Kolkata
Shah Rukh Khan,Juhi Chawla Mehta and Jay Mehta $75.09 million

Mohali
Preity Zinta, Ness Wadia , Karan Paul (Apeejay Surendera Group) and Mohit Burman (Dabur) $76 million

Mumbai
Mukesh Ambani/ Reliance Industries Limited $111.9 million

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