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Is Playing A Fantasy Sport Site Is Gambling?
Cricket is the most beloved game people are crazy about cricket and the fanbase of cricket is huge. Fantasy cricket is an online game in which you can select players of your own choice. Fantasy sports has been popularized to such extent that the number of people is taking part in one-day or one-week fantasy sports contests are increasing on a large scale. Fantasy sports players win or lose money depends on how well the players in their fantasy teams perform in real life it is totally unbiased game because the participant takes the decision of making its own game.
Whereas gambling is an art of making predictions the game is played based on the assumption. In this game either you lose a good amount or either win a healthy amount. It is an illegal activity and at times it becomes an addiction
The basic difference between fantasy sport and gambling is that
Fantasy Sport is a game of Skill and Gambling is a game of Chance.
Fantasy sport is considered a game of skill because in this game participant needs to apply its skill and knowledge about cricket and select the right players in order to win the match proper plan and strategy is required.
Gambling is entirely game of chance there is no surety on winning the game bets are made based on the assumption. Success entirely depends on chance and this is the reason it is called a game of luck if you are lucky enough you can win a huge amount.
Gambling is completely illegal. It's a crime and if someone is caught then its a punishment too.
The most debated part is whether fantasy sport is considered as a gambling or not?
Well, the operator of such sites has a strong reply to such a statement where legally such sites are not considered as gambling. Fantasy sport is a game of skills. According to the Unlawful Internet Gambling Enforcement Act of 2006, fantasy sports cannot be called gambling and also they do not belong to any form of gambling. And when you put bets on match then it becomes sports betting and which is considered as a game of chance that is totally illegal. They argue that fantasy games are not chance-based games, losing or winning does not depend on luck but your knowledge about cricket. winning a match entirely depend on skills. The courts have made a proper distinction between games of skill and games of chance. Under the courts and the law, games of skill are legal. Games of chance are considered illegal. Courts have stated that fantasy leagues are games of skill because it requires some kind of skill, some kind of knowledge to create their own team playing in fantasy matches whereas betting by the court is considered more games of chance that don't require any skill or knowledge.
Fantasy sports are completely legal in many states of India.
Many people play fantasy sports game because fantasy games are very exciting to play and you can win real cash prizes. Fantasy sports are entirely different from gambling this game is for the sports lover. If you love this game you can play a trial match to enhance your knowledge.
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