Dream11, My11circle & MPL Type Fantasy Apps are Scam?

In the realm of fantasy sports, questions about the legitimacy and integrity of platforms like Dream11, My11Circle, and MPL often arise. Let's debunk the myths and explore the inner workings of these fantasy apps to understand if they truly are scams.

How Do Fantasy Apps Earn & Work Mechanisms?
Fantasy apps operate on a simple yet intricate mechanism. Users create virtual teams composed of real players from various sports leagues like cricket, football, or basketball. These teams compete based on the actual performance of players in real-life matches.

Now, here's the catch: Fantasy apps earn through user engagement and participation. They charge entry fees for contests, rake a percentage off the prize pools, and sometimes partner with sponsors for additional revenue streams. The more users participate, the more revenue these platforms generate.

Disadvantages of Using These Fantasy Apps
Addictive Nature: Fantasy gaming can become addictive, leading users to spend excessive time and money chasing winnings.
Risk of Losses: While some users rake in significant winnings, many end up losing money, especially if they're not well-versed in the sports or strategies involved.
Lack of Regulation: Fantasy apps often operate in a regulatory gray area, raising concerns about data privacy, fair play, and transparency.