In India, the local sports betting market has seen significant growth with products like Dream11 and MyTeam11 gaining immense popularity. These platforms operate under the fantasy sports model, which is legal in most Indian states as it is considered a game of skill rather than chance.
Dream11, founded in 2008, has become a household name with millions of users participating in cricket, football, kabaddi, and basketball fantasy leagues. Users create virtual teams and earn points based on real-life player performances.
Another prominent local product is MyTeam11, which offers similar fantasy sports services across multiple sports. These platforms have revolutionized how Indians engage with sports, providing an interactive experience while complying with local gambling regulations that prohibit pure chance-based betting. |
