What Is Dream11 and How Does it Works, Dream11 Predictions, Dream11 Team, Dream11
Dream11 was co-founded by Harsh Jain and Bhavit Sheth in 2008. In 2012, they introduced freemium fantasy sports in India for cricket fans. In 2014, the company reported 1 million registered users, which grew to 2 million in 2016 and to 45 million in 2018. It is a member of the Fantasy Sports Trade Association and is the founding member of the Indian Federation of Sports Gaming (IFSG). Dream11 is a Series D funded company with Tencent leading the latest round. In April 2019, Steadview Capital completed secondary investment in Dream 11. Apart from Steadview, Dream11’s investors included Kalaari Capital, Think Investments, Multiples Equity and Tencent.
In June 2018, Dream11 reported that it has 4 million users, up from 2 million users in 2017. The company also made to the list and ranked 9 among India’s Great Mid-Size Workplaces – 2018. Dream11 was also recognised as one of the top 10 innovative companies in India by Fast Company in 2019.
Dream11 Game Is High Court Approved game
In 2017, a case was registered against the company in an Indian High Court. The court, in its ruling, stated that playing the Dream11 game involves superior knowledge, judgement and attention. The Court also held that ‘the element of skill’ had a predominant influence on the outcome of the Dream11 game. However, the law does not allow Fantasy Sports in few Indian States like Assam, Odisha and Telangana.
A challenge to this judgement was filed with the Supreme Court of India, which dismissed the appeal. The judgement provided legality to the company and allowed them to run their operations throughout the country.
Despite it being adjudged to be a “game of skill”, experts believe that the company operates in the country’s regulatory grey area.
Official Partners of Dream11
In March 2019, The Board of Control for Cricket in India (BCCI), announced Dream11 as the Official Partner for the VIVO Indian Premier League. The four-year exclusive partnership started with IPL 2019 season. Additionally, the ‘Official Fantasy Game’ of IPL will also be powered by Dream11.
In 2018, Dream11 announced its partnership with ICC (International Cricket Council), Pro Kabaddi League, International Hockey Federation (FIH), WBBL and BBL. In 2018, through the above partnership, Dream11 introduced two new games on their platform viz.,Kabaddi and Hockey.
In 2017, the company partnered with three leagues within cricket, football and basketball. Dream11 became the Official Fantasy Partner for Hero Caribbean Premier League, Hero Indian Super League and National Basketball Association (NBA). Later in the year, they partnered with the Hero Indian Super League as their Official Fantasy Football Partner. In November 2017, US professional basketball league National Basketball Association (NBA), launched a fantasy basketball game in association with Dream11 and launched their official NBA fantasy game on their platform.
Brand Ambassadors Of Dream11 Game
Cricketer & Ex-Indian Captain Mahendra Singh Dhoni is the brand ambassador of Dream 11 and launched the “Dimaag se Dhoni” media campaign during the 2018 Indian Premier League. The company had first signed commentator Harsha Bhogle as their brand ambassador in 2017. For 2019 IPL, Dream11 signed up seven cricketers and partnered with seven Indian Premier League franchise as part of its multi-channel marketing campaign.
How does Dream 11 work?
With sports hype plaguing the nation at large, it was only a matter of time before the same boiled over to the internet as Dream 11. Much like some interesting players you need to keep an eye out for in cricket, you also cannot help but be keenly interested in the events surrounding Dream 11. What’s more, now you can also review ipl online betting sites in India, and select the best one for yourself.
The secret workings of Dream 11, isn’t that difficult to comprehend. They are, like most other online Fantasy Sports Leagues, based on probability outcomes of choices you make, based on preset ever-changing conditions like player performance, conditions prevalent, etc. The basics of Dream 11, in order to get you started, are discussed below.
Dream 11 is a Fantasy sports platform. While the name of the league might hint at a predominance of cricket, the league offers, besides cricket, hockey, kabaddi, football, and basketball. Based in India, the company is a recent start-up, dating back to 2008, but is also a member of the Unicorn Club, comprised of startups valued at 1 billion dollars, making it the first Indian gaming company to crack into said leagues.
Founded back in 2008, Dream 11 Prediction has come a long way with almost half a million players as of 2018. With MS Dhoni as its brand ambassador, and having received a green chit from the supreme court, that regarded it as a ‘game of skill’ and gave it a thumbs up to operate in almost all Indian states, Dream 11 is only set to grow and expand further.
Basics of Dream11 Game
Dream 11 is a game of a lot of skills and prior knowledge about the game, with some super added luck. It involves constructing teams made of virtual statistical representations of actual players, using an online credit system. The maximum budget that can be expended is 100 credits for an entire team, with each individual player costing a different amount based on their statistics. As you progress and win leagues in the game, you can start winning cash and withdraw that amount in real life.
Making a Team:-
The most basic aspect of Dream 11 involved making your own team. There is a list of upcoming or ongoing matches that you can select from, from a list that Dream 11 provides you with, which are correlated with real-world matches. The steps followed are:
1). Selecting a match: From the options of matches out there, you select a game that interests you and you get an option to construct your team from either side.
2). Picking players for your team: Select players for your Dream11 team from all 4 of the categories mentioned below:
WK – Wicket-keeper
BAT – Batsmen
BWL – Bowlers
AR – All-rounders
You can check up on each player by clicking on them and reading a bit about them. These include their records for the last few matches and how they have been performed. You can also make a fair estimate of how you can expect them to perform in the near future by extrapolating the results. We also recommend that you read up about players from secondary sources if possible.
Keep in mind that there is a time limit within which you need to submit your team selection.
3). Appoint a captain and a vice-captain: After your team has been selected, you can appoint people to lead it. Remember that captains carry a 2X multiplier and vice-captains a 1.5x multiplier, so it is recommended that you appoint all-rounders or consistent run-scorers in these roles.
4). Multiple teams: Each match can have up to 6 teams that can join contests to win.
As long as the deadline permits, you can keep editing your team, and even your captain and vice-captain, as many times as you want.
Remember that fantasy cricket has a point system which rewards players for every minute action that is taken. Every run scored, every wicket taken, every boundary hit, etc. all carry points. Moreover, the points vary with the kind of match, ensuring that tests, one-day games, T20s, etc. all have a different system of points.
Dream 11 has a robust system of deposit and withdraws in place. Money deposited and unused in any league is differentiated from winnings, as a separate category. The great thing is winnings can be withdrawn at any time without any extra processing free. Moreover, bonus cash is a 4th category that exists, that includes cash incentives to keep you hooked in the game.
There are a few things you need to keep in mind beyond the usual nitty-grittys of Dream 11. This is a game that is based purely on probabilities and every feature is down to Math. Thus, the best and easiest way to perform well is to have a good idea of comparisons between different players, enough knowledge about the game, pitches, and kinds of matches etc. to win matches easily.