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Fantasy sports betting in India operates through online platforms where users create virtual teams of real players from various sports leagues. Participants select players within a budget constraint and earn points based on their real-life performances in actual matches.
In the Indian market, platforms like Dream11, MyTeam11, and MPL have gained significant popularity. These platforms follow a contest-based model where users join different competitions with entry fees and compete for cash prizes based on their team\“s performance.
The working mechanism involves player selection, team formation, point calculation based on statistical performances, and leaderboard rankings. Indian fantasy sports platforms primarily focus on cricket due to the sport\“s massive popularity in the country, though football, kabaddi, and basketball are also available.
These platforms operate under the skill-based gaming exemption in Indian law, making them legal in most states. Users must be at least 18 years old and verify their accounts through KYC procedures to participate in cash contests. |
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