In India, the concept of betting, gambling, risk, and stake has evolved significantly with the rise of local products like Dream11 and MPL (Mobile Premier League). These platforms have transformed traditional gambling into skill-based gaming, allowing users to bet on cricket matches and other sports.
Dream11, founded in 2008, is a fantasy sports platform where users create virtual teams and compete based on real players\“ performances. It involves a stake in the form of entry fees, with risks tied to team selection. MPL, launched in 2018, offers a variety of games, including fantasy sports and casual games, where users gamble with real money for rewards.
These products navigate India\“s legal landscape by emphasizing skill over chance, reducing the gamble aspect. However, users must assess the risk involved, as stakes can lead to financial losses. The popularity of these platforms highlights a shift in how Indians engage with betting and risk-taking in a digital era. |