Fantasy sports have gained immense popularity in India, with platforms like Dream11 leading the market. These platforms allow users to create virtual teams of real players from various sports leagues.
Indian fantasy sports platforms operate on a simple principle: users select players within a specified budget and earn points based on their real-life performances. The user with the highest points wins cash prizes or other rewards.
Popular Indian fantasy sports include cricket, football, kabaddi, and basketball. The Indian Premier League (IPL) cricket tournament drives significant engagement on these platforms during its season.
Most Indian fantasy sports apps require users to pay an entry fee to participate in contests. The platforms generate revenue through these entry fees and advertising partnerships with major brands.
The fantasy sports industry in India is regulated by the Federation of Indian Fantasy Sports (FIFS), which ensures fair play and responsible gaming practices across all platforms. |