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Founded in 2008 by Harsh Jain and Bhavit Sheth, Dream11 is now a unicorn company valued at $5 billion. With its innovative concept and user-friendly interface, Dream11 has become the go-to platform for sports lovers who want to showcase their knowledge and skills.
Dream11 has not only changed the way people consume and engage with sports in India, but it has also created new opportunities for users to showcase their skills and knowledge. Users can participate in various contests, including daily contests, mega contests, and private contests, and win real money prizes.
The platform has also created a community of sports enthusiasts who discuss and share their insights on various sports and players. Dream11 users can interact with each other on the platform and join different groups and communities based on their interests.
Apart from cricket and football, Dream11 has also expanded its portfolio to include other sports like basketball, kabaddi, and hockey. This has allowed the platform to cater to a broader audience and offer more opportunities to sports enthusiasts.
In addition to the fantasy sports platform, Dream11 has also launched a social gaming platform called Dream11 Games. The platform offers games like rummy and quiz games, which allows users to win cash prizes.
Dream11 has also been recognized and awarded for its contributions to the sports industry. In 2019, Dream11 won the "Best Sports Startup" award at the Indian Sports Honours, and in 2020, it won the "Game Changer of the Year" award at the Business Today MindRush event.
Overall, Dream11 has transformed the sports industry in India and created new opportunities for users to engage with their favorite sports and players. With its innovative concept, user-friendly interface, and commitment to fair play, Dream11 is likely to remain a popular platform for sports enthusiasts in India and beyond.
How Does Dream11 Work?
Dream11 is an online platform that allows users to create their virtual team of real-life players from various sports. To participate in a contest, a user needs to create a team of 11 players from the two teams playing in a particular match. The players are allotted a certain number of points based on their performance in the actual game. The user with the highest score at the end of the match wins the contest.
The scoring system on Dream11 is based on the real-life performance of the players. For example, in cricket, a player gets points for runs scored, wickets taken, catches, and run-outs. Similarly, in football, a player gets points for goals scored, assists, clean sheets, and penalties saved.
Dream11 offers a variety of contests to its users, ranging from free contests to high-stakes paid contests. The prize money for paid contests can range from a few hundred rupees to lakhs of rupees.
Is Dream11 Legal?
Dream11 operates in a legal gray area in India. The platform argues that it is a game of skill and not chance, and hence, it is not considered gambling. In 2017, the Punjab and Haryana High Court ruled that Dream11 is a game of skill and is not illegal. However, some states in India have banned fantasy sports platforms like Dream11.
Dream11 has also been associated with the Indian Premier League (IPL) and is the title sponsor of the tournament. The platform has played a significant role in the growth and popularity of the IPL.
FAQ:
Q1. What is Dream11?
A. Dream11 is an online fantasy sports platform that allows users to create their virtual team of real-life players from various sports, including cricket, football, basketball, kabaddi, and hockey.
Q2. How does Dream11 work?
A. To participate in a contest, a user needs to create a team of 11 players from the two teams playing in a particular match. The players are allotted a certain number of points based on their performance in the actual game. The user with the highest score at the end of the match wins the contest.
Q3. Is Dream11 legal?
A. Dream11 operates in a legal gray area in India. The platform argues that it is a game of skill and not chance, and hence, it is not considered gambling. In 2017, the Punjab and Haryana High Court ruled that Dream11 is a game of skill and is not illegal. However, some states in India have banned fantasy sports platforms like Dream11.
Q4. What sports are available on Dream11?
A. Dream11 offers a variety of sports, including cricket, football, basketball, kabaddi, and hockey.
Q5. How can I participate in contests on Dream11?
A. To participate in a contest, you need to create an account on the Dream11 platform and select the match you want to participate in. You can then create your virtual team of real-life players and join the contest of your choice.
Q6. What types of contests are available on Dream11?
A. Dream11 offers various contests, including free contests, paid contests, daily contests, mega contests, and private contests.
Q7. Can I win real money on Dream11?
A. Yes, you can win real money on Dream11 by participating in paid contests and winning the contest.
Q8. Is Dream11 only available in India?
A. Currently, Dream11 is only available in India. However, the platform has plans to expand to other countries in the future.
Q9. What other platforms are similar to Dream11?
A. Other fantasy sports platforms like MyTeam11 and Ballebaazi are similar to Dream11.
Conclusion:
Dream11 has revolutionized the way people consume and engage with sports in India. With its innovative concept and user-friendly interface, Dream11 has become a popular platform among sports enthusiasts. The platform has also created a new industry in India, with other fantasy sports platforms like MyTeam11 and Ballebaazi also gaining popularity. Despite the legal challenges, Dream11 continues to grow and expand its user base, and it is likely to remain a significant player in the fantasy sports industry in India.
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