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How Fantasy Sport Has Grown In Popularity in India

By Guest - November 25, 2022 - Last updated on Nov 25, 2022 04:50 PM
How Fantasy Sport Has Grown In Popularity in India

While most people are using bets by strictly associating them with regular kinds of sports, modern technologies allow betting to make betting a much more reliable source of income thanks to the adoption of fantasy sports. This is a totally new direction in online gambling as it allows people to place a bet on bajilive.com without a need to wait for a new match for days. Literally every second of the day is filled with incredible fantasy sports. This is the most stable thing that people on the internet can find. But the only downside is the fact that people should be ready that these events are available on the internet only. Which means only those who have an access to the world wide web are able to fully appreciate every opportunity fantasy sports are giving

What Is Fantasy Sports and Why Is It So Popular?

The popularity of fantasy sports is growing every day. While for some it is a hobby, for others it is already a way of earning. It is totally understandable as this new phenomenon has a lot of pros and cons. In the next 3-5 years, experts predict the growth of the fantasy sports industry by an average of 7.2%. This is largely due to the legalization of sports betting at the federal level in the United States, as well as the pandemic, which has increased the importance of interactive online technologies. Although in India the fantasy direction is still in the "gray" legal zone, local audiences are also actively involved in the game.

One of the main attractive points for many people is the fact that they no longer need to focus their attention on what has happened to their favourite superstar, like Christiano Ronaldo that has recently left Manchester United. In the case of fantasy sports they are all fine every day of the week and there is no doubt that they are going to be ready to demonstrate their best efforts in playing a match. This creates the best opportunities for local sports fans to enjoy their favorite hobby anywhere and at any time. 

Fantasy sports originated in the United States in the 1960s. There are two points of view: some sources claim that it all started with football, and others that it started with baseball. For those people that have no idea what fantasy sports are presenting, it is worth telling a couple of words about what they are and how they work. This is a virtual game based on real competitions in different sports: 

  • football;
  • baseball;
  • basketball and so on.

Usually it is arranged on the basis of a specific real tournament, whether it is the championship of India, Italy, England or the Champions League. Fantasy managers allow to create whole clubs of players that would not coexist in the real world For example, it is possible to have both Lionel Messi and Cristiano Ronaldo in the same team. That means people are not limited to real life statistics and rules. In fact, fantasy sports can create their own reality, which makes it even more valuable for modern gamblers. 

At the same time, there is a limit in the form of a bank – for example, 1000 conventional units. In each tournament, the manager has a certain amount for "salaries", that is, it is impossible to fill the team with only top players from different clubs. By making BetWinner login Bangladesh, gamblers are able to make money pretty easily. It is also necessary to calculate everything and choose several promising, but less expensive ones. Therefore, for constant victories, players need to know one or another sport well, although a certain amount of luck also matters. The formula of money earnings in case of fantasy sports is very simple – to learn as much details over certain kind of sport and use this information to build the best team of players. 

What Are The Perspectives of Fantasy Sports in India?

According to the official statistics of the GlobeNewswire, the audience for fantasy sports in the USA, Canada, India and other major countries is mostly people with permanent jobs and higher education. They play fantasy games twice as often as everyone else and willingly pay money: for data mining programs, for additional statistics, for participation in leagues with cash prizes. It helps them to enjoy their favorite hobby in the best possible way and the perspectives are more than overwhelming. 

FAQ

  • Is It Possible To Enjoy Fantasy Sports in India?

    Yes, it is possible to enjoy Fantasy Sports betting in India, because it is classified as entertainment and not as gambling.

  • Does Fantasy Sports Require the Internet?

    Yes, in order to watch fantasy sports, people need to be connected to the internet.

  • Is It Possible to Make Live Bets On Fantasy Sports?

    Yes, live bets are available for fantasy sports.

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