Fantasy sports have gained potential in recent years. Unfortunately, there is a misconception that participating in fantasy sports is akin to betting, can be addictive and can lead to financial losses. However, fantasy sports platforms offer free-to-play and pay-to-play formats. According to an IndiaTech report, 80% of users opt for free-to-play format.

Furthermore, the ticket sizes for the pay-to-play formats are as low as Rs 15 while the average ticket size amounts to Rs 35. As per the IndiaTech report, of the 20% pay-to-play, 98% of them won or lost less than Rs 10,000 net in their lifetime. Moreover, fantasy sports are dependent on actualities, seasonality as well as the availability of real-time sports matches. Users can only participate in fantasy sports before the start time of a live sports match and there is no scope for further participation after the commencement of the live sports match.

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