IPL used to be just a game of Cricket, but now it's how millions fall into debt, or worse, don't make it out alive.
This year, IPL will trigger a spike in India's $100 billion betting market, and the spike is nothing to joke about. Most of it is illegal, with offshore apps, crypto wallets, and mule accounts, all built to vanish without a trace.
Now, to be clear, fantasy cricket isn't the same. The Supreme Court says it's a game of skill, picking players based on form, pitch, matchups, not luck. But the psychology isn't all that different. Fantasy apps are built to keep you coming back through near-wins, leaderboards, and bragging rights.
And the cost?
In Mysuru, three family members died after betting debts spiralled out of control. Not surprisingly, a survey found 57% want celebrities to disclose risks in ads, Over 60% want government regulation. So states like Telangana, Andhra, Assam, and Odisha have already banned fantasy gaming, because some will lose more than just a game without ever stepping onto the field.
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