As we all know what Dream11 is. From past few years I am betting on Dream11 Cricket matches. I have developed a pattern in mind of how things actually works in this websitse.
Assume we have a contest having 80000 participants, 60000 winners and entry fee is 8(In rupees)
Point 1:-Here, in this contest there are Dream11 employees as participants who play with 3 or 4 user Id and have 6 teams each, that makes 18 to 24 teams. Probability increases to win here as are more combinations of winners. For user playing truly with one user ID, it kills their winning probability.
Thought of fair play? That’s waste! as Dream 11 experts know how to fake Ids.
Point 2:-In those set of 80, 000 participants do you think all are human created teams?
The answers is no, there are computerised teams as well . I have seen teams having all the players who are not even playing or are the biggest underdogs. The Dream11 have set-up to create teams with all possible combinations.
Point 3:- Rate of tax. The winners and the personal contests are charged with a lot of tax. Up to 30% to 40%.
Point 4:- Even if you win one day the first prize, do you think you get they easily give you money?
No! in the name of fairplay they always deduct some money
If you think you can make serious money thru Dream11 well for that you got be very very lucky.
I would recommend users of Dream11 to not take it too serious. The balance sheet will have 90% times profit of Dream11 website then yours.