Limited overs
Standard limited overs cricket was introduced in England in the 1963 season in the form of a knockout cup contested by the first-class county clubs. In 1969, a national league competition was established. The concept was gradually introduced to the other major cricket countries and the first limited overs international was played in 1971. In 1975, the first Cricket World Cup took place in England. Limited overs cricket has seen various innovations including the use of multi-coloured kit and floodlit matches using a white ball. A "one day match", named so because each match is scheduled for completion in a single day, is the common form of limited overs cricket played on an international level. In practice, matches sometimes continue on a second day if they have been interrupted or postponed by bad weather. The main objective of a limited overs match is to produce a definite result and so a conventional draw is not possible, but matches can be undecided if the scores are tied or if bad weather prevents a result. Each team plays one innings only and faces a limited number of overs, usually a maximum of 50. The Cricket World Cup is held in one day format and the last World Cup in 2011 was won by the co-hosts, India. The next World Cup will hosted by Australia and New Zealand in 2015.
Twenty20 is a new variant of limited overs itself with the purpose being to complete the match within about three hours, usually in an evening session. The original idea, when the concept was introduced in England in 2003, was to provide workers with an evening entertainment. It was commercially successful and has been adopted internationally. The inaugural Twenty20 World Championship was held in 2007 and won by India, three subsequent events have been held which were won by Pakistan, England and West Indies respectively. The next tournament is scheduled to be held in 2014. After the inaugural ICC World Twenty20 many domestic Twenty20 leagues were born. First of them was Indian Cricket League which was a rebel league since it was not authorized by BCCI. BCCI then formed its official league called the Indian Premier League. The official league went on to become a successful annual affair that attracted players and audience around the globe, while the Indian Cricket League has been disbanded. After the success of Indian premier league many other domestic leagues were formed in all major cricketing nations. Recently Twenty20 Champions League was formed as a tournament for domestic clubs of various countries.In this league competition played between the top domestic teams from major cricketing nations.