Dream11 is India’s no. … Games of skill are excluded from the definition and purview of “gambling” under applicable Indian laws. Hence, joining a contest and winning cash on Dream11 is legal, secure and a whole lot of fun too!
Is Dream11 a bet?
In a statement released to the press, Dream11 said, “The Karnataka Police Act recently amended its gaming law to prohibit online gambling, betting and wagering. … In order to allay our users’ concerns, we have decided to suspend operations in Karnataka.
Is the Dream11 legal?
Finally, the Court held that the Dream11 is a legitimate business activity protected under Article 19(1)(g) of the Constitution of India.
Does Dream11 really give money?
Yes of course you can earn money by playing Dream 11. Select your team with the help of your creative mind in tue game. And hence it will help you to earn more money.
Why was Dream11 banned?
Explained: Dream 11 Activity Suspension And Online Fantasy Sports Ban. Recently Dream 11, one of India’s most popular fantasy sports platforms, had its activities suspended in Karnataka after a case was registered against it following a ban on online gambling in the state.
Who is CEO of Dream11?
Harsh Jain – Culture Enforcement Officer (CEO) & Co-Founder – Dream11 | LinkedIn.
Is Dream11 winning taxable?
Yes! A tax of 30% is deducted at source when your net winning in a contest is more than ₹10,000. The remaining amount (after tax deduction) gets credited to your Dream11 account as ‘Winnings’. You will also get a TDS certificate ONLY if you’ve verified your PAN card on Dream11.
Does Dream11 really give 1 crore?
Hi, It’s a fantasy games as per players performance you will be awarded points,which involves analysis, guess work and ofcourse luck. I haven’t seen anyone winning 1 crore.
Is it safe to play Dream11?
It is complete safe as their payment gateway comes with 3D secure authentication to ensure the safety & security of all users. Dream11 supports and advocates transparency in the process to ensure the trust of all users.
Is it safe to give PAN card to Dream11?
PS: Once verified, a PAN card can’t be used on any other Dream11 account. It also can’t be unlinked from your Dream11 account.
How do you bet on Dream11?
Just follow these simple steps:
- Download the app.
- Register your account.
- Deposit funds to your Dream11 account.
- Select match.
- Create your team – and win!
Which states can play Dream11?
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Interestingly, Dream11 app is accessible to some users in Telangana, Assam, Odisha and Arunachal Pradesh as well. These states have banned online games but have not initiated any action against Dream11.