Fantasy sports betting has gained significant popularity in India, with platforms like Dream11 leading the market. These platforms allow users to create virtual teams of real players from various sports and compete based on their actual performance in matches.
In India, fantasy sports are considered games of skill rather than gambling, which makes them legal in most states. Popular sports for fantasy betting include cricket, football, kabaddi, and basketball. Users can participate in free or paid contests and win cash prizes based on their team\“s performance.
Major Indian fantasy sports platforms include Dream11, My11Circle, and MPL. These apps have seen tremendous growth during cricket tournaments like IPL and international matches. The industry is regulated by the Federation of Indian Fantasy Sports to ensure fair play and user protection.
Recent developments in the Indian fantasy sports market include the introduction of new features like live fantasy, where users can create teams during ongoing matches, and the expansion into less mainstream sports. The market continues to evolve with technological advancements and increasing smartphone penetration across the country. |
