Media Release
Aug 11: In the past, sports enthusiasts could do nothing more than be spectators to their favorite sports. All they had was television and the interest to watch these sports.
The way we consume sports, on the other hand, has evolved considerably in the previous ten years. Sports have now become more than they were previously through new innovations such as fantasy sports and sports betting sites in India.
The whole ritual of sitting in front of a television screen has been smashed, and spectators can now participate actively in the game due to fantasy sports.
What are Fantasy Sports?
Fantasy Sports is you building your dream team of real-world athletes in a virtual space! Fantasy sports give you the chance to play fantasy cricket, fantasy football, and other major sports.
When assembling his team, the player can choose his favorites and believe he will do well in real-world matches. You will then be rewarded with points based on the actual performance of those players in real-world situations.
Because of this, if you have Jaspreet Bumrah on your fantasy cricket squad, your team will gain points if he takes as many wickets as possible! In the case of Cristiano Ronaldo scoring three goals while playing fantasy football, your fantasy football squad will receive points.
The points earned can then be converted into prizes or monetary rewards on several fantasy sports websites.
If you look at it more minutely, fantasy sports are almost like online betting, the only difference being- they are not as direct.
Because online gambling in India is legally contentious, many Indians are apprehensive about placing bets on the internet. Unlike gambling, fantasy sports, on the other hand, is regarded as a legitimate and legal option. As a result, a growing number of Indians are becoming interested in fantasy sports as a recreational activity.
The subject of online gambling legislation is left to the discretion of the individual states. This implies that there are many various restrictions, and players should examine the laws of their respective states before engaging in any form of online gambling.
However, nearly all states agree: games of skill should be permitted, whereas games of chance should be outlawed.
According to the Supreme Court of India, fantasy sports are considered to be a game of skill.
When playing a game of skill, the outcome is determined by skill rather than chance. The player's likelihood of winning is directly proportionate to their knowledge, training, attention span, and previous playing experience.
This implies that fantasy games do not fall under the gambling rules that are in place in most Indian states, which is one of the primary reasons why fantasy sports have experienced such phenomenal growth over the past decade and will continue to grow even more significantly over the next ten years.