What is 3rd place in ipl match?

In the Indian Premier League (IPL), the third place refers to the position of a team that finishes in third place in the tournament standings or playoffs. This typically involves competing in the playoffs and potentially playing in the Eliminator match, which determines who advances to the final. The team that wins the Eliminator or finishes third overall may receive recognition, but traditionally, only the top two teams qualify for the final, making third place a significant but somewhat secondary achievement.