How Is Fantasy Gaming Booming In India?

As soon as the Indian Premier League, or ISL, begins, you can expect to see a flurry of online fantasy cricket and fantasy football advertisements on your television screen. You might be wondering why. Regardless of whether you are a player or have prior experience of fantasy games, we will provide you with a comprehensive overview of fantasy gaming in India. You'd be surprised to learn how much Indians like online fantasy cricket in addition to gully cricket. That is why fantasy gaming is actually booming in India.

What Is Fantasy Gaming?

Even if you are not a gamer, you should be familiar with fantasy cricket games. A fantasy game is one that is played via the internet and in which users create virtual teams out of real-life individuals. The genuine performance of the player you have picked for your squad determines whether you win or lose in the fantasy game. So, if AB de Villiers is on your team and scores a century, you get points. The incentives will then be sent straight into your bank account or wallet. However, keep in mind that you must pay a little startup charge.

How Popular is Fantasy Gaming In India?

The fact that Dream11 will host the IPL 2021 demonstrates the reach of fantasy game firms. With the increased usage of smartphones, the majority of people are engaging in online gaming. There are also monetary incentives that draw individuals in. In 2014, income was close to 200 crores, but it more than quadrupled in four years to 438 crores in 2018. In 2019, it tripled to 920 crores in only one year, and by 2020, the amount had risen to a whopping 2470 crore.

These data demonstrate how Dream11, MPL, Zapak, CricPlay, and others rule the marketplace. Furthermore, cricket has long been a popular sport among Indians. They have also demonstrated similar affection in fantasy games. According to a poll conducted by Indiacasinoinfo[dot]com, over 71 per cent of gamers in India like cricket. Football follows suit, with 54%. With the Pro Kabaddi League, Indians are also being lured to this indigenous sport, and Kabaddi ranks third with 6% of total participants.

Furthermore, it should be noted that 89 per cent of all players are mobile users. You should also be aware that, of all game genres, just 31% of mobile users play sports-related games. With a phone in every user's hand and a population of over 130 crores, the market is massive, and development potential is enormous.

Is It Legal?

Many people perceive fantasy gaming to be gambling, which is why it is still in its early stages. But it is not the same as gambling, because Indian regulations are quite stringent about gambling. Even certain states, like Assam, Nagaland, Telangana, Odisha, and Andhra Pradesh, do not permit Fantasy sports. However, they are simply skill-based games.

A user must be aware of the players, their present form, fitness, what positions they play, who they are weak against, who ticks them to play freely, what pitch makes them feel at home, and so on. In these games, skill is more important than luck.

What The Future Holds For Fantasy Gaming?

In India, there are several fantasy sports firms in operation. With an increasing number of individuals actively participating in fantasy sports, the sector is poised for growth. The growing sales of these firms indicate that fantasy gaming would only grow exponentially in India in the near future.

READ MORE GAMING NEWS HERE:

Best Fantasy Sports Platforms in India

FanCode Set to Broadcast ‘Dream11 European Cricket Championship’ in India

Winzo Unveils $20 Million Game Developer Fund