Saw this chart today and couldn’t help but share.
Crazy, right?
Interesting how more people are into fantasy sports than the actual markets. Maybe it’s the thrill of quick results or just easier to relate to a game than company’s balance sheet?
Or maybe it’s just that fantasy apps are marketed as “fun” while investing seems “serious”?
I don’t think it’s a right comparison as I am watching cricket from long time but came to know about markets recently just like most of the Indians.
It’s not about serious or fun but more about Indians interest in cricket.
In India, many people want to break out of the middle class or rise above the poverty line, maybe even escape the rat race entirely. That’s why betting has become a growing trend, whether through fantasy sports or options trading.
Yes, fair point. I feel it’s not just about love for cricket. How quickly people adopt things that feel easy, familiar, and rewarding in the short term.
Just my opinion. 
@Adarsh_Sukumar_Patil Back in Ernakulam, everyone buys lottery tickets… same dream, getting rich overnight.
Spot on! Selling lottery tickets and fantasy sports is like selling “instant biryani in 2 minutes” everyone wants quick results. But try selling health or life insurance, and suddenly everyone becomes a financial expert…Bhai, FD ka return kitna hai? Mutual funds better hai na?.. Long-term security? Nah.
But a one-in-a-million jackpot? Bas ek baar lag gaya toh life set hai… 
Wo 1 bar grand league jitna sapna hi hoga. Asli me kuch nahi hota. Boht bots use karte he wo companies. Real fantasy people playing with bots.
Both have same aspirations getting rich quickly but entry amount is low in dream11 ,bring 49 rs you are all set😂
Are they really unique, though?
Are we discounting the possibility that such fantasy leagues can have a lot of bots, by believing that all those accounts are unique users.
There is no audit, there is no authority to validate such claims of uniqueness.
Although it can’t be proved that bots exist, it doesn’t mean they don’t exist.
We know social media and many such gaming apps are filled with bots, be it the game of chance (gambling) or the so called “game of skill” (they are still a game of chance packed under the pretense of skill), the house always wins.
I think it has to do with relatability. Anyone can play sports, you don’t have to be a professional. Kicking or bouncing a ball or hitting ball with a bat, for example, is not hard nor does it require significant technical expertise. Maybe to be a pro you need more but its fun and anyone can do it. Because anyone can do it with some ease without needing to be good, it might be easier to bet on these markets because it might not be perceived of as a professional activity like market trading. You bet on matches you watch in your down time, that you play over the weekend, talk to you buddies and family members about, buy merch, attend games. Its part of your hobbies ad betting might just be an extension of your sports hobby.
Markets are too complicated, too many numbers, too much theory. Its work.
