Dream11 Overview
Dream11 is a fantasy sports platform based in India that allows users to create virtual teams composed of real-life players from upcoming matches in various sports. Based on the real-world performance of these players, users earn points and compete with others to win cash prizes and other rewards.
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Key Details
Founded: 2008
Founders: Harsh Jain and Bhavit Sheth
Headquarters: Mumbai, Maharashtra, India
Parent Company: Dream Sports
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How Dream11 Works
1. User Registration:
Users create an account using a phone number or email and verify their identity (PAN and bank details needed for withdrawals).
2. Select a Match:
Choose a real-world upcoming match in sports like cricket, football, basketball, hockey, kabaddi, etc.
3. Create Your Team:
Users pick players from both teams to form a virtual team. There’s a fixed number of player slots and a virtual credit cap to ensure balanced team creation.
4. Enter Contests:
Users can join free or paid contests. In paid contests, an entry fee is required, and winners receive cash prizes.
5. Scoring & Winning:
Based on how the selected players perform in the real match, users accumulate points. Rankings and prizes are decided accordingly.
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Popular Sports on Dream11
Cricket (most popular)
Football (Soccer)
Basketball
Kabaddi
Hockey
Volleyball
Baseball
Handball
Rugby
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Monetization and Revenue
Dream11 earns through:
Entry fees from paid contests.
Advertisement and sponsorships.
Partnerships with sports leagues and teams (e.g., IPL, Pro Kabaddi).
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Legal Status
Dream11 operates under the “Game of Skill” category in India, which is legal and not considered gambling.
It has been upheld as a legal platform by various Indian courts, including the Supreme Court.
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Notable Achievements
First Indian gaming company to become a Unicorn (valuation over $1 billion).
Official fantasy partner of IPL, ICC, BCCI, NBA, and many more.
Over 150 million users as of 2024.

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