Dhoni Betting App

An intriguing battle has started between fantasy cricket platforms Dream11 and My11Circle. You can also look at it as a turf war between two former Indian cricket captains -- MS Dhoni and Sourav Ganguly. (More Cricket News)

Mahendra Singh Dhoni is an Indian cricketer and the current captain of the Indian national cricket team, more commonly known as M.S Dhoni. He is an attacking right-handed batsman and wicket-keeper. .Online betting IPL odds on Betway as of 1 March 2021 Now that you have understood the basics of Indian Premier League betting, you can check out top-tier IPL betting sites like Betway, ComeOn!, and Bet365 to see which IPL betting platform offers the best odds for the team you’ve decided to place your money on. You can follow our IPL 2021 weekly wrap-up covering the past week of IPL matches. IPL betting apps contain a list of all the IPL matches and events you can bet on. You can directly sign-up from the app, make a deposit on the app and start betting within a matter of minutes. When you win money, you can request a withdrawal from the app directly and receive your money in due time.

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  2. Sunil Gavaskar, an Indian captain in the past, says the chances of a Dhoni international comeback are ‘highly unlikely’. But Dhoni has his supporters. Wasim Jaffer, a former Test opener, thinks the Chennai skipper is still ‘an asset to the team’. If this year’s IPL is cancelled, it would be virtually impossible for India to pick Dhoni.

On a day the Board of Control for Cricket in India (BCCI) confirmed Dream11 as the title sponsor of IPL 2020, Sourav Ganguly has returned to promote My11Circle. The rival fantasy sports platforms are now banking on their returns from the Caribbean Premier League T20 underway in the West Indies to boost their reach ahead of the all-important IPL in September-November in UAE.

'If everyone is complying to the set guidelines, entering into any association is a choice of the individual and company concerned. Dream11 has no objection to the partnership between Sourav Ganguly and My11Circle,' said a Dream11 spokesperson to Outlook.

Ganguly is continuing as BCCI president although his tenure, according to the constitution, was over on July 27. He had endorsed the England versus West Indies Test series for My11Circle when cricket made a return after the coronavirus pandemic stopped live sports for almost four months.

Dream11, launched in 2012, is endorsed by MS Dhoni. It is involved with 19 sports leagues across the world. The Indian company that has investments from Tencent, a Chinese company, is also a partner of the International Cricket Association. Dream11 replaced Vivo as IPL 2020 title sponsors by pledging Rs 222 crores to BCCI.

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My11Circle arrived in the world of fantasy cricket in 2019. It is run by a company called Games 24x7 that operates a successful online rummy business.

Ganguly's association with My11Circle has raised questions on the BCCI president's conflict of interest. The former captain, who was not seen promoting the England vs Ireland series and the first two Tests of the current England vs Pakistan series on leading cricket websites, says there is no conflict.

'Dream11 is a BCCI sponsor, My11circle is not. I am not employed by BCCI, how can there be any conflict?' Ganguly told Outlook.

'People are making stories. What is conflict? Only if I am earning out of BCCI. This association with My11Circle has nothing to do with BCCI... People just enjoy using the word conflict without any rhyme or reason,' said Ganguly.

Games 24x7 said Ganguly became a brand ambassador in May 2019 and was elected BCCI president in October. 'The association with Mr Ganguly as our brand ambassador continues to be strong, and he continues to be the leading expert on our app,' said the company.

Dhoni Betting App

In its latest promotion, Ganguly challenges subscribers to 'beat the score and win up to 5x cash'. Earlier, My11Circle rode Ganguly's clean image to attract subscribers. His 'Dada ka wada' (big brother's promise) was a good selling point but it raised serious ethical questions.

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A lawyer familiar with the matter, told Outlook on condition of anonymity that the 'promise' is 'misleading' because 'Ganguly is not online 24x7 and continuously playing with a contestant for an entire duration of a match.'

'The subscriber is actually playing against the house (or the company). It's like going to a casino. The chance factor is quite high in such a format,' the lawyer said. Games of chance that has cash transactions are illegal in India.

Fantasy cricket continues to remain in a grey zone. Allegations of tax evasion by Dream11 are pending in Supreme Court and ethical questions around star cricketers, who endorse such brands, abound. Insiders says people like Sachin Tendulkar will never endorse fantasy cricket.

That the BCCI has opted for Dream11 as IPL title sponsor ahead of pure Indian brands clearly reflects the fact that money and power talks in Indian sport too.

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In India, don’t we have a large middle-class population with a disposable income, a passion for sports, and a desire to gamble? (Hint — ‘no’ is not the correct answer).

A survey says that 40% of all internet users in India like to gamble. Though the existing legal framework makes it illegal, nothing can stop Indians, right? The illegal gambling market in India is worth more than $100 billion, growing at a rate of 7% every year! Majority of it is sports betting.

If the legal framework has failed to prevent gambling from taking place and if it is unstoppable, then why not regulate it so that at least some of the illegal activities can be curbed?

Well, let’s evaluate.

The Indian law discriminates each game to be a “game of skill” and “game of chance”. This differentiates fantasy sports from traditional betting. Betting in “game of skill” is legal in India. Fantasy sports betting is legal because it is a game of skill. And, in fantasy sports, your opponents are other human players, rather than bookmakers like in traditional betting. The ‘Dimmag se Dhoni’ campaign by Dream11 was aimed at reaffirming this skill-based nature.
Compared to traditional betting, the fantasy sports market in India is peanuts. Revenue from the music industry, movies and TV put together is far lesser than the market of illegal traditional sports betting.

Traditional sports betting is legal in many parts of the world, including Australia and western Europe, with the largest legal market in the UK. Football betting leads to the global sports betting industry. According to FIFA, an estimated amount of $136 billion dollars was wagered in the 2018 World Cup throughout the tournament, and $7.2 billion on the final match. This is way more than the bets placed on ‘The Money Fight’ between Mayweather and McGregor (around $100 million). This shows the strength in popularity of the game among ‘punters’.

Other popular sports for betting are Cricket, Tennis and Basketball. Around 80% of illegal sports betting in India is on Cricket.
According to research, more than 60% of sports bets placed globally are on the black market. This shows that the underground betting market would continue to operate even if India were to legalize sports betting.

Though the legal sports betting market won’t substitute the illegal one, the Indian government would gain from the tax revenues by taxing these activities. Take UK or China, for example, they have been utilizing tax revenues, generated from taxing betting activities, for good causes. Today, winnings from lotteries and horse races are taxed at 30% flat. A betting market, with such a huge potential, shall undoubtedly contribute hefty revenue to the government.
But as far as the intention of the government is concerned, it is not in favour of providing any support or allowing any type of FDI in betting platforms. Is it their morality that is stopping them? Because morals shall not stop Indians. Indians are betting in billions. Though it is perfectly reasonable and acceptable for someone to have a moral or personal objection to gambling.

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And, it’s not just the government who would make money. Consider this: Allowing viewers to legally become sports bettors will make them more likely to watch sports. This will help the broadcasters due to an increase in viewership. Thus, the direct output, jobs, income, GDP, etc.
Employees in illegal sports betting operations currently spend a portion of their earnings on legal activities, so there would be a gain in legal economic activity. If this new sector emerges, it shall be needless to say that it will spark employment and also create new opportunities for startups.

Leagues tend to benefit too due to increased interest and engagement with games. But a proper framework should be developed by the government first. Else, it could kill the legal market before it even starts. There is no single rule or law for sports betting which can be applied across the globe. Different countries have followed a different approach based on socio-economic needs, public interest, political interest, etc.

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The approach adopted by France has been widely criticized as involving excessive taxation and bureaucracy. As a result, many operators who originally decided to take licenses in France have found it impossible to carry on business.

India can learn a lot from this example if it wants the industry to flourish and contribute to GDP and the state revenue. After betting was legalized in the US, many leagues, including the National Basketball Association (NBA) and the Major League Baseball (MLB), demanded a 1% fee on bets placed on their games. This is what they called the “integrity fee” to monitor and investigate ethical concerns. The casino lobby opposed this fee, making a point that the games would be in operation regardless of the number of bets placed. They had a point though.

A proper framework should be developed to avoid such clashes.
Rules would also need to be framed to tax a betting firm based on where the customer is located, not based on where the firm is located. Because, if this approach is not followed, then bets placed offshore, by Indian customers, would generate no revenue to the state.

If you are an Indian and a cricket fan (or should I say — if you’re an Indian, you are a cricket fan), you would’ve heard about the match-fixing cases. Integrity in sports is crucial. If the betting is legalized, integrity and honesty will be under great threat. Match-fixing and spot-fixing would drastically increase. Athletes and players will be tempted. Creating a framework for controlling access to players, a few days before the match, would be the best way to mitigate this risk.

We mentioned earlier that more than 60% of sports bets placed globally are on the black market. When international bookmakers participate in betting activities in India, it encourages money laundering to support the outflow of funds. Systems such as Hawala or smuggling not only help in achieving this objective but also indirectly support criminal activities such as terrorism financing. So, legalizing the activity will not only help in curtailing an important source of black money but will also stop fund flows to terror agencies.

There is no doubt that regulating sports betting with proper laws will be better than banning it. Else, there would be a substantial monetary loss which is neither feasible nor desirable.

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