Many people in India like to do cricket betting, while many people also show interest in fantasy cricket. Although fantasy cricket app is banned in some states, cricket betting is banned across India. But in India, foreign bookmakers are working legally, because there are no laws related to this. However, cricket betting is given more importance in the country, as there are more opportunities and markets available to win money. In this article, we will tell you what is best in cricket betting and fantasy cricket?
Table of content
What is Fantasy Cricket?
In fantasy cricket, you have to choose a total of 11 players from both teams. There are different points allotted for each player and you have to get 11 different players within 100 points. In this, the minimum and maximum limit for taking wicketkeeper, batsman, all-rounder, and the bowler have been fixed, while the maximum limit for taking players from a team is 7 and the minimum limit has been fixed at 4.
Points are awarded for each player scoring runs, scoring half-centuries and centuries, taking catches, running outs, taking wickets, spending runs from the low economy, bowling maiden overs, etc., then getting out on zero and runs spent with more economy Points are also deducted on doing this.
In this, you have to wait for the whole match by forming a team and you cannot tamper with the middle match or create a new team. Mega contests in these apps also have large prize pools as well as head-to-head contests. However, if you win big in this, 30% of the amount has to be paid as tax.
What is cricket betting?
In cricket betting, you can place bets before and during the match. There are many markets available in this and you can sit on any market as per your wish and win. For example, in an over, total runs in 6 overs, 10 overs, 15 overs, and 20 overs, how many runs within or after the wicket will fall, which batsman will score how many runs, which bowler will spend how many runs or how many wickets will be taken, How the next wicket will fall, etc.
In betting, you can place multiple bets at the same time during a match. Even after placing a bet on a market, you can bet on it again and you also have many opportunities to cover your losses. In this, you do not have to wait for the whole match by placing a bet. Apart from this, you do not have to pay any tax in cricket betting.
What is best in cricket betting and fantasy cricket?
If we compare cricket betting and fantasy cricket, then cricket betting is the best because in this you have many opportunities to earn money. Not only this, you can place multiple bets during the match and after losing in one bet, you can also cover your loss by placing the next bet.
Here you do not have to wait for the entire match after placing a bet, whereas in fantasy cricket, after joining any contest by forming a team and after the match starts, you cannot do anything in between. If you win more amount in fantasy cricket then you have to pay some percentage of tax on it. For example, if you win more than ₹ 1,00,000 in dream11 and ₹ 10,000 in MPL, 30% tax has to be paid.
That is, if you win ₹ 1,00,000, you will get only ₹ 70,000 in Fantasy Cricket, while in cricket betting if you win ₹ 1,00,000, you will get full money. That is, your loss in this is less, at present, the government does not even charge tax on the money earned from betting. If you want to bet legally then you can do online cricket betting with foreign bookmakers. That is why cricket betting is considered to be the best as compared to fantasy cricket in terms of earning money.