This is a question our experts keep getting from time to time. Now, we have got the complete detailed explanation and answer for everyone, who is interested!
Kannur: A Kannur native has notched up the prize money of Rs 1 crore in the virtual game of Dream11. The winner is K M Rasiq from Panoor in the district. Contestants of Dream11 need to create a virtual team of 11 players from the two teams that would face-off in the Indian Premier League (IPL) every day.
Does Dream11 really pay 1 crore?
Win 1 Crore in Dream11 : Fantasy cricket has grown by leaps and bounds in recent years, and so have the rewards. The fantasy cricket users can now have a shot at a cash prize of up to 1 crore. … Fantasy cricket has massive competition so it will take something to outthink the user pool.
Has anyone really won in Dream11?
Holding a degree of B.E, Sumit Kumar has made his way to the top in Dream11. Sumit is a pro-Fantasy Cricket Player. He has won around million rupees by playing Dream11.
Does Dream11 give real money?
Dream11 gives you real money by playing fantasy games online. The site offers free and paid contests. You need to pay a certain fee to join a contest that lets you win real cash.
Is Dream11 banned?
Finally, the Court held that the Dream11 is a legitimate business activity protected under Article 19(1)(g) of the Constitution of India.
ये रहा dream11 का एक करोड का winning proof | dream11 mega contest winner 1 crore
36 related questions found
Is Dream11 fake or not?
Dream11 is Fake Or Real: If you want a quick review of Dream11 App or website, we advise that currently it is genuine and paying to its customer according to their winnings.
Is there any trick to win Dream11?
Create An All-Rounder’s Team
After researching comes the part where you have to create a team in Dream11. A key tip to winning is focusing on making a team of all-rounders. This gives you more points for both batting and bowling. … Furthermore, you should pick powerplay and death overs bowlers in limited over matches.
Who is the owner of Dream11?
Harsh Jain – Culture Enforcement Officer (CEO) & Co-Founder – Dream11 | LinkedIn.
How much tax do you pay on Dream11?
According to the Dream11 website, A tax of 30% is deducted at source when a user wins more than ₹10,000. The remaining amount (after tax deduction) gets credited to the Dream11 account as ‘winnings’. Users also get a TDS certificate if they have verified their PAN card.
Is Dream11 app safe?
Is it safe to download the Dream11 App? It’s completely safe, but don’t just take our word for it. Over 11 Crore users are already playing on Dream11, so join the action now!
Is Dream11 tax free?
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’.
Is Dream11 TDS refundable?
Section 87-A rebate
Thereafter, the excess amount deducted as TDS will be refunded by the Income Tax department,” says Gupta.
How much does Dream11 earn per day?
Dream11 is one of the most popular fantasy cricket platform who uses more than 10 crore members. As many of the people earn money in this platform and of course 90% of the people lost their money too.
Is Dhoni owner of Dream11?
Cricketer Mahendra Singh Dhoni is the brand ambassador of Dream11 and launched the “Dimaag se Dhoni” media campaign during the 2018 Indian Premier League. … For 2019 IPL, Dream11 signed up seven cricketers and partnered with seven Indian Premier League franchise as part of its multi-channel marketing campaign.
Who won 1 crore in Dream11?
In the match between India and Sri Lanka, Amerjeet Kumar Rao from Village Joura Kalan, Tehsil Kahara, District Doda, J&K won one crore in Dream11. Dream11 contestants must assemble a virtual team of 11 players from the two teams that will compete in the Indian Premier League (IPL) on a daily basis.
In which states Dream11 is banned?
The laws in Assam, Andhra Pradesh, Odisha, Telangana, Nagaland and Sikkim are unclear on games of skills that may be played for a fee. Hence, residents of these states are not permitted to join any cash contests on Dream11.
How do you win 11 circles?
- Understand player performance.
- Understand the pitch performance.
- Make sure your players are playing on that day.
- Calculate the investment made.
- Select top order batsmen.
- Bonus points.
- Strike bowlers.
- Choosing the captain and vice captain.
How do you win a Dream11 team?
- Play Selected Matches. One of the biggest mistakes fantasy players make is that they play all the matches to try earn more money. …
- Research. …
- Creating Your Dream Team. …
- Don’t Invest All Your Money in One Match. …
- Don’t be afraid to take risks! …
- Selecting your captain and vice-captain.
How many contest we can join in Dream11?
A user can enter into a maximum of 500 contest (including both Public contests and Private contests) per match. Any participation in a contest more than 500 shall be automatically prohibited. All rules applicable to Contest(s) as set out herein shall be applicable to both formats of the Contest(s).
Why Dream11 is not on playstore?
Overseas players like Amazon, Facebook and Whatsapp also have over 100 million users. It will be significant for Dream11 more so as the company’s mobile application is not available on Google’s Play Store. That is because Google does not allow mobile apps offering cash contests on its platform.
How can I make 1k a day?
- Deliver food with DoorDash.
- Dog sit and dog walk with Rover.
- Do projects on HomeAdvisor.
- Resell on eBay.
- Sell your own products on Etsy.
- Start freelance writing for blogs.
- Create an online course.
- Build a podcast following.
What is the chance of winning in Dream11?
How to increase your chances of winning Dream11 Grand League. One of our favourite tips to win grand league on Dream11 is to consider improving your probability. Going with only one team in the grand leagues against millions of players puts your probability of winning the grand league at a meagre 0.000001%.
Can TDS on lottery be refunded?
No Tax Refund on the TDS: Usually, the taxpayers are subject to a tax refund in case the TDS portion is more than their tax liability for a particular financial year. However, in the case of such winnings, taxpayers cannot claim any refund against this TDS amount.
Why do we deduct TDS?
The concept of TDS was introduced with an aim to collect tax from the very source of income. As per this concept, a person (deductor) who is liable to make payment of specified nature to any other person (deductee) shall deduct tax at source and remit the same into the account of the Central Government.
What is the tax for 1 crore in India?
New income tax slabs and rates
Taxpayers with income between Rs 50 lakh and Rs 1 crore continue to pay 10% surcharge, between Rs 1 crore and Rs 2 crore pay 15%, between Rs 2 crore and Rs 5 crore pay 25% and those with income over Rs 5 crore pay 37%.