Fantasy sports platforms permit people to enjoy sports while also becoming a part of them. Furthermore, they encourage players to make use of their abilities and expertise to have the most enjoyment possible in the game.
They also allow players to make some money on the side. As a result, fantasy sport has grown in popularity. It has occupied top gear in India for the past two decades.
It can be difficult to find reputable daily fantasy sports sites in India. However, let us look at some serious fantasy platforms in India. These fantasy platforms are grabbing the hearts and minds of sports fans everywhere.
Dream11 is a Tencent-backed fantasy sports company that became the proud sponsor of the 2020 impression of the Indian Premier League. The tournament took place in the UAE. As one of India's most popular sports, it has grown into the country's first portal-based online fantasy sports game.
According to KPMG and the Indian Federation of Sports Gaming, Dream11 alone accounts for over 95% of the fantasy sports business. Furthermore, it encourages more entrepreneurs and startups to see fantasy gaming as a viable business model.
Dream11 has given Indian sports lovers the opportunity to be rewarded for their sports knowledge. It was the first fantasy sports game to be admitted to the Unicorn Club. A unicorn is a startup with a market capitalization of more than $2 billion.
Today, India is home to 32 unicorns, with consumer service startups at the top of the list.
Saurabh Chopra, Navkiran Singh, and Saurabh Chopra co-founded BalleBaazi in January 2018. That year, it began hosting tournaments for 20-20 cricket games and tournaments. Within a year of its introduction, BalleBaazi had amassed a user base of over 500,000 active users. Yuvraj Singh, an Indian cricketer, is the brand ambassador for BalleBaazi.
Participants in BalleBaazi can establish their own virtual team of genuine cricket players. In addition, they can earn points based on their performance in real matches. In fact, there are both free and paid contests available. However, a player must pay a fee to enter a contest in which they can win money.
LivePools is a fantasy sports company based in Mumbai that offers cricket and football-based fantasy sports games. It offers this through its affiliated applications, partner applications, and mobile applications. Through this platform, you may compete with other sports fans and put your knowledge of the sport to the test.
In addition, you can win fantastic cash prizes after enrolling. Choosing between football and cricket allows you to choose your match from the available groups. Moreover, you can form your own teams using your sporting expertise. Additionally, you can enter paid or free competitions to warm up and test your talents.
The globalization of the internet is a crucial factor in the expansion of online fantasy gaming. The increasing use of smartphones has improved internet speed, improved screen size, and low latency. And the functionality of gadgets has boosted access to these companies' games. This has marked a watershed moment in the public's interest in fantasy games.
These fantasy gaming companies came about in India and have since grown to become some of the most prominent online fantasy gaming platforms.