A few years ago, it all started from a gaggle of friends playing fantasy cricket just for fun purposes. Today, the sport is taken into account together of the foremost popular online sports communities. Once the sport became very fashionable within the us , it began to reach many many people round the world, all the countries without exception.
How to Play fantasy cricket?
Lets see the way to play fantasy cricket. Just follow these 5 simple step.
Select a particluar match on any platform.
Create your fantasy team using players from both teams.
Join any type Contest in any league.
Now simply watch the Live match on TV & track you player’s performance on the platform.
If your team performs well you’ll have the very best point, thus you’ll win the sport . Then you’ll simply withdraw the cash prize from your platform account.Playing Fantasy Cricket is extremely simple, if you’ve got adequate knowledge of the game you’ll find this genre very interesting. Because during this genre you merely play fantasy cricket and win cash daily
Overview of India Fantasy Sports Industry – Legality, GST and beyond
You must have seen the advertisement of Mahendra Singh Dhoni during the Indian Premier League (IPL) featuring Dream11. you’ll have also enjoyed Virat Kohli dancing with different people in a billboard for Mobile Premier League (MPL).You would be amazed to understand that India’s fantasy sports industry has over 60 platforms. These fantasy channels are catering currently to about 20 million players in India. That’s what the IFSG-KPMG report says.
At the closure of 2019, about 100 million sports fans are pegged to enjoy one or more fantasy sports apps and platforms. As time progresses and therefore the craze for these leagues go up, an outsized number of individuals are expected to enjoy it.As of now, two out of three ardent sports fans in India are conscious of these fantasy platforms – this data is released by the Indian Federation of Sports Gaming (IFSG).
The key reason behind such a pull of fantasy sports is being attributed to the straightforward availability of blazing-fast 4G mobile networks, majorly began by Reliance Jio.Dream11 is one among the foremost common fantasy sports companies – it’s on its way towards becoming a gaming Unicorn. Backed by Chinese internet giant Tencent, the fantasy sports backup possesses series D funding.Dream11 has acquired Unicorn status, and its value is $1.1 billion. This became possible after the investment of the firm Steadview Capital.If you would like to play fantasy sports, you’ll select from one among the famous fantasy sports websites and join a fantasy league team as per your choice.
The pull that you simply can see within the Indian fantasy sports market got momentum after the launch of India fantasy cricket games during IPL way back in 2008.Nonetheless, now, different fantasy sports games are being offered via multiple platforms. The fantasy sports that are attracting major pull are cricket, hockey, football, badminton and basketball. If you mention India, Fantasy Cricket League possesses tons of appreciation and fame, and it’s no surprise since it’s a crazy cricket country. Not only cricket, but you’ll also play Kabaddi, Squash, Formula 1and far more via these platforms.
Are fantasy sports legal and any GST applicable?
Going by the Indian laws, fantasy sports aren’t allowed within the states of Assam, Telangana, and Odisha.Recently, some pleas questioning the legality of fantasy sports and its encouragement to lure people into gambling were filed by a resident of Mumbai. The petitioner was also of the opinion that Dream11 was escaping Goods and Services Tax (GST).
However, the honorable Bombay supreme court judges rejected both these allegations made by the petitioner, Gurdeep Singh Sachar.As per their ruling, they said that 18% of GST applies to fantasy sports and therefore the format of Dream11. An earlier ruling of the Punjab and Haryana supreme court had ruled that participation in fantasy sports online isn’t amounting to the lottery. They said that it because it required a particular level of skills to play.
As of now, there are not any laws in India to create an industry voice for fantasy sports. Hence, Harsh Jain, CEO, and Co-Founder of Dream11 assisted within the establishment of the Indian Federation of Sports Gaming (IFSG) in 2017.The body establishes self-regulatory standards for this flourishing industry until the govt brings out any concrete laws for it.
What are some Top Indian and global fantasy league websites?
A few of the favored site on which you play fantasy sports are Dream11, Scoring11, Mobile Premier League (MPL), Halaplay, Fanfight and 11Wickets and more. With the recognition of fantasy sports increasing, the amount of such platforms is certain to succeed in 100 soon.
Here are top 10 fantasy cricket sites in india.
These are Top 10 fantasy cricket sites in india, check in on any of them to play fantasy cricket and win cash daily. As we earlier mentioned that the recognition of this genre is rapidly increasing, the amount of fantasy cricket sites are increasing at a really rapid rate
What about the history of fantasy sports?
You would be surprised to understand that the concept of fantasy sports has been existent since war II. it’s when sports aficionados would choose their favorite players and kept a tab on their scores.
Is Fantasy Sports a game of skill or a game of chance?
The Law exempts Fantasy Sports from being a game of chance, it’s believed that it’s a game that uses analytical and cricketing knowledge, thus it’s a game of skill.
Can one earn real money by playing Fantasy Sports?
Yes, one can earn money by playing fantasy sports. But so as to try to to that, he has got to enter real-money contests during which he has got to pay certain entry fees so as to participate therein contest. On this page you’ll find best fantasy cricket sites in india, on which you’ll register and begin playing fantasy Sports.