Image Source: Social Media
The Indian government has introduced the Promotion and Regulation of Online Gaming Bill, 2025, which has been passed by both the Lok Sabha and Rajya Sabha and will soon become law after the President’s approval. This bill aims to regulate online gaming platforms that promote betting and real-money transactions. Apps like Dream11 and My11Circle, which are popular for fantasy sports, will be affected by this regulation.
If you have funds in your gaming wallet, this is the right time to withdraw them before the bill becomes law and these apps potentially stop operations. Here’s a step-by-step guide to withdraw your money safely:
Steps to Withdraw Money from Dream11 and My11Circle
1. Log in to Your Account
- Open the Dream11 or My11Circle app on your smartphone.
- Make sure you log in with the registered mobile number or email ID linked to your account.
2. Verify Your KYC (If Not Done Yet)
- Both platforms require KYC verification for withdrawals.
- Upload your PAN Card and Bank Account Details (or UPI ID) for verification.
- Once verified, you can proceed with withdrawals.
3. Check Your Withdrawable Balance
- Go to the My Balance or Wallet section in the app.
- The amount you see under Withdrawable Balance is what you can transfer to your bank account.
4. Initiate Withdrawal
- Click on Withdraw or Withdraw Money option.
- Enter the amount you wish to withdraw (must meet the minimum withdrawal limit, usually ₹100).
- Select your preferred withdrawal mode:
- Bank Transfer
- UPI Transfer
Image Source: Social Media
5. Confirm and Wait for Credit
- Confirm the transaction.
- In most cases, the amount is credited instantly via UPI or within 24-48 hours for bank transfers.
Important Things to Remember
- Withdraw Immediately: Once the bill is signed into law, these platforms might pause or stop withdrawals.
- Avoid Keeping Money in Wallet: Transfer all winnings and deposits to your bank account as soon as possible.
- Check Withdrawal Limits: Some platforms allow one free withdrawal per day, while others may charge after a certain limit.
Also Read: Is Dream11 banned in India? And why? The truth about the Online Gaming Bill 2025
Why Is This Urgent?
The upcoming law bans real-money betting platforms and imposes strict penalties for violations. If these apps stop operating or face restrictions, your funds could be stuck.
Quick Facts:
- India’s online gaming market is currently worth $3.7 billion and is projected to reach $9.1 billion by 2029.
- 86% of revenue comes from real-money games, which the new bill targets.
- Violators may face up to 3 years in jail and fines up to ₹1 crore.
Final Advice
If you play on Dream11, My11Circle, or similar platforms, withdraw your money right now. After the law takes effect, it may become extremely difficult or even impossible to retrieve your funds.
Also Read: Dream11 Ne Matches Remove Kar Diye! Kya Hai Pura Mamla?
About the Author:
Chirag Pandey
Chirag Pandey – Content & Prompt Writer
I am a skilled content writer with a knack for creating clear, engaging, and research-driven content. With expertise in data science and biotechnology, simplifies complex topics into compelling articles, blogs, news and story.A cricket enthusiast and strategic thinker and, Passionate about storytelling and SEO, I delivers content that informs and captivates readers.
