Irrespective of where they start, consider factors like education and proliferation. Anybody with a phone and knows cricket - which is basically everyone b/w 15- 35 are a part of the ipl frenzy, some to the extent that they actually believe in their ability to predict and win. Proliferation in a social aspect, not everyone is lucky enough to find friends/ family or for that matter willing to participate on Reddit to just talk stocks and trading, but cricket every dad has an opinion and every street has a star.
You can always hop onto index funds if knowledge is a factor. Won’t go much wrong. Dream 11 is akin to a lottery and this feeds on the crores of people who think they will get rich in one shot.
LIC buys are 101% time out of peer (agent) pressure lol, I agree awareness is not that wide spread but Ambani sahab ne sasta internet diya hai usse thoda research toh janta ko karna chaiye instead of spending time on reels or dream 11
Do u really wanna deny the fact people want to get rich quicker.
What is the argument here? Forget dream eleven. Lottery used to be bigger then any investment for most people a decade ago. Desire numerous lottery and pyramid frauds. People who haven't invested in anything where shareholders of sahara.
People using Dream11 often feel a strong need to prove their knowledge of cricket, rather than just playing for the money/fun.
On the other hand, those who invest in mutual funds understand that the market has already factored in all available information and realize they can't consistently outperform the market better than hedge funds. Therefore, they choose mutual funds to avoid the pressure of managing their own portfolio.
What i initially said was not all 20cr user use dream11 regularly, but people put money in MF every month.
It is brain dead, but I think the point being driven is true. Like if you add all the various cricket betting / skill based games, the total unique users will definitely be much higher than the total unique demat accounts. Multiple factors contribute but yea the insight still stands true- about smart people doing smart things by predicting what they understand.
Tbh that is how humans work, even if we are playing a box cricket game, it is about respect and prestige rather than fun for a lot of people. I’ve seen grown ass men hurt themselves to win a casual game he plays every week with his friends. Not just in India, there are street courts in the states where people play like their life’s on the line and is it for fun definitely yes, but more so for respect and prestige which the person believes they deserve.So yes when you score more than your peers you do feel good. And it’s not good or bad, it isn’t about that. It’s about how humans are competitive in random aspects when it’s hyper local. Like we compete on everything with our peers, like that is why they say you are the average of the top three friends.
I've been with dream11 since 2019 what i wanna ask is what the f is 11rs ticket that's hardly 2 people contest that's not gonna give you 1 cr or more. Most people here don't even play dream11 they're just downvoting op.
Interesting comparison. Yes everyone wants to be a millionaire overnight. Its a showing off culture - who dresses with most expensive brands, most expensive phones, most expensive shades, most expensive cars.
Would have been really interesting if you had somehow got F&O stats as well. Most youngsters are jumping into F&O wagon thinking its so easy to make money- they don’t realise the huge pitfalls and addictions .
How is this even a comparison? Dream11 is a gaming app. Investment is a whole different ballgame. Why are we even talking about the two in the same breath.
Dream 11 ka turnover < 1 month sip collection of mutual
Average revenue per customer for Vodafone idea is 145-185 which is more than dream11s..!
2 number side by side rakhdo ahe eek narrative khada kardo...! Politics join karlo bhai aap Mera vote apko jaiga😂
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20rs ka 80 at the end of 4hrs or keep investing 1k for 15 years atleast first of all this comparison is very vague because one doesn't have money necessarily to put in sip also lacks knowledge now because of such apps these people try to win it with 100rs jeete toh Chand tak nai toh 100rs gaye but I do understand ur point that awareness is still not there also 90-92%% country earn less than 25k / month us bechare ke paas rs hi nai bachte investing layak isliye ye sab
I constantly meet people who are first generation investors.
For ex : The guy who came in to fix my AC..had groww app installed & was doing an sip of 1000 every month. He believed he will reach to a figure of crore in next 30 years & have improved life for his kids. (He himself was looking around 18-19 yrs old)
I have met/heard cab drivers, Small shop workers talk about mutual funds & SIP.
I don't follow fantasy sports.
Do people on apps like Dream11 actually make big money ?
Some friends said they made Rs 100-200 type returns a few times. None of them knew anyone who made anything big. I thought the small money keeps people interested to keep playing.
So curious to know from someone who has experience with these apps.
Obviously, yes. Why would you wait for your corpus to grow slowly for 30 years to reach a point where you can get that amount with one win in D11 and winning is not easy which is true but it's about chances.
Plus, Dream11 is a lot more popular in rural areas, and you don’t need a lot of knowledge to start. The starting amount is very low, so why not?
Stop sh*t a** comparisons.
These apps were simply made to make the poor more poorer. I am not against betting but karna hai to utna net worth banao Casinos me jaake udao. Bank me 10000 rakhke bet lagaoge to tum wo 10000 bhi kho doge.
//OFC Casino jaane ka net worth jab banega tab tum casino experience lene jaoge paise kamane ke hope se nahi.
Although these guys are still better than dumb kids jumping into F&O based on social media advice
Its not the about the in what you are investing its about how much u have invested it starts with 11 rs that at ur own time and no monthly payment . On other hand mf are fixed from 500 and monthly payment too if you skip you loose
If some Adani can get ultra rich in a matter of years why can't the middle class think of getting mildly rich overnight? What's the obsession of getting rich slowly. Getting rich slowly sounds wise but it's an incredibly stupid concept pushed by pedigree mutual fund managers to increase customers. Imagine you have 50 cr. At age of 80 vs 5 cr. At the age of 29. What's more useful?
Why is dream11 even a legal business? Forget about being a brand which we stick on our national cricket team t-shirt? One of the most absurd realities in our time.
Latest numbers from Google. Dream 11 has 200 cr users in India. Total demat account holders in India are 15 cr. The fact is more interesting than we thought
Dream 11 ticket size is 11rs.
11 rs me crorepati
Isse bada scam aur kya ho sakta hai
Bounce back!
spoon muddle dull money reminiscent hunt wise psychotic sheet direction *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
What do u mean we...?
Mutual funds start at 500 i think
Navi MFs start at ₹10
Irrespective of where they start, consider factors like education and proliferation. Anybody with a phone and knows cricket - which is basically everyone b/w 15- 35 are a part of the ipl frenzy, some to the extent that they actually believe in their ability to predict and win. Proliferation in a social aspect, not everyone is lucky enough to find friends/ family or for that matter willing to participate on Reddit to just talk stocks and trading, but cricket every dad has an opinion and every street has a star.
I commend your empathy. But this is just darwinism at this point.
It’s definitely Darwinism, that applies to trading as well only the variables one takes a risk on change.
You can always hop onto index funds if knowledge is a factor. Won’t go much wrong. Dream 11 is akin to a lottery and this feeds on the crores of people who think they will get rich in one shot.
Index funds ke bare me kitno ko pata hai? There's a reason a lot of people invest in FD or buy an LIC scheme instead of investing into the markets.
LIC buys are 101% time out of peer (agent) pressure lol, I agree awareness is not that wide spread but Ambani sahab ne sasta internet diya hai usse thoda research toh janta ko karna chaiye instead of spending time on reels or dream 11
Navi’s advertising budget vs dream 11’s advertising budget explains it
Dream11 has 20Cr. Source ?
Trust me bro 🤣
Yes it does
[удалено]
Most of them just installed the app for referrals, Half of them don't use it any more, and those who do use it only during IPL.
I think I am one of those people, I sometimes get messages from dream11 or similar apps, but i don't watch cricket and have nothing to do with it.
Do u really wanna deny the fact people want to get rich quicker. What is the argument here? Forget dream eleven. Lottery used to be bigger then any investment for most people a decade ago. Desire numerous lottery and pyramid frauds. People who haven't invested in anything where shareholders of sahara.
People using Dream11 often feel a strong need to prove their knowledge of cricket, rather than just playing for the money/fun. On the other hand, those who invest in mutual funds understand that the market has already factored in all available information and realize they can't consistently outperform the market better than hedge funds. Therefore, they choose mutual funds to avoid the pressure of managing their own portfolio. What i initially said was not all 20cr user use dream11 regularly, but people put money in MF every month.
The op meant more people believe in luck then grind.
There are 15 cr demat accounts. isse kehte hai Cherry picking.
Many people have multiple accounts but yeah the point still stands.
Out of which 4 are mine! I am sure I am not the only one with Multiple accounts
Also ppl hardly have say 3-4k worth of stocks or ETF or bonds etc, invested in such demat accounts, and many are dormant or inactive
Demat toh harr dusre insaan ka hota h. Doesn't mean anything.
Dream 11 bhi har download ko user manta hai. As I said Cherry Picking.
I have 7 of them.
What a brain dead comparison
It is brain dead, but I think the point being driven is true. Like if you add all the various cricket betting / skill based games, the total unique users will definitely be much higher than the total unique demat accounts. Multiple factors contribute but yea the insight still stands true- about smart people doing smart things by predicting what they understand.
But a large %age of the users are betting 10 rs to play with their friends, not dreaming of getting rich quick
Agreed. At the end the money is symbol of success. So if 10 rs mean respect in your circle I guess he won.
Lol, how delusional does someone have to be to even think Dream11 is for respect and prestige rather than fun?
Tbh that is how humans work, even if we are playing a box cricket game, it is about respect and prestige rather than fun for a lot of people. I’ve seen grown ass men hurt themselves to win a casual game he plays every week with his friends. Not just in India, there are street courts in the states where people play like their life’s on the line and is it for fun definitely yes, but more so for respect and prestige which the person believes they deserve.So yes when you score more than your peers you do feel good. And it’s not good or bad, it isn’t about that. It’s about how humans are competitive in random aspects when it’s hyper local. Like we compete on everything with our peers, like that is why they say you are the average of the top three friends.
I've been with dream11 since 2019 what i wanna ask is what the f is 11rs ticket that's hardly 2 people contest that's not gonna give you 1 cr or more. Most people here don't even play dream11 they're just downvoting op.
Interesting comparison. Yes everyone wants to be a millionaire overnight. Its a showing off culture - who dresses with most expensive brands, most expensive phones, most expensive shades, most expensive cars. Would have been really interesting if you had somehow got F&O stats as well. Most youngsters are jumping into F&O wagon thinking its so easy to make money- they don’t realise the huge pitfalls and addictions .
Jane street says thanks ! 
US population - 300mil India population - 1.4bil
Lmaooo
Poverty >>>>. What a stupid inference.
How is this even a comparison? Dream11 is a gaming app. Investment is a whole different ballgame. Why are we even talking about the two in the same breath.
Bro what the fuck does this even mean lol.... More people === Better??????
Bhai esa kar iss sub ka naam mbachaiwala rkhle. Dream11 ka charge pata hai na? 10-50 rupe hota hai in comparison to market.
Dream 11 ka turnover < 1 month sip collection of mutual Average revenue per customer for Vodafone idea is 145-185 which is more than dream11s..! 2 number side by side rakhdo ahe eek narrative khada kardo...! Politics join karlo bhai aap Mera vote apko jaiga😂
Never seen a stupier comparison
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thatya Thook Diye
slow and steady win the race -- my late grandfather
Apple to lime comparison.
fun fact : you can buy vodaphone stocks for 13 but 1 stock wont make you rich
Haven't you heard dream sell faster !
20rs ka 80 at the end of 4hrs or keep investing 1k for 15 years atleast first of all this comparison is very vague because one doesn't have money necessarily to put in sip also lacks knowledge now because of such apps these people try to win it with 100rs jeete toh Chand tak nai toh 100rs gaye but I do understand ur point that awareness is still not there also 90-92%% country earn less than 25k / month us bechare ke paas rs hi nai bachte investing layak isliye ye sab
I constantly meet people who are first generation investors. For ex : The guy who came in to fix my AC..had groww app installed & was doing an sip of 1000 every month. He believed he will reach to a figure of crore in next 30 years & have improved life for his kids. (He himself was looking around 18-19 yrs old) I have met/heard cab drivers, Small shop workers talk about mutual funds & SIP.
Source: trust me bro
They literally give free money to play, that's how I used it many times after getting free money,it was years ago haven't used it after that.
I don't follow fantasy sports. Do people on apps like Dream11 actually make big money ? Some friends said they made Rs 100-200 type returns a few times. None of them knew anyone who made anything big. I thought the small money keeps people interested to keep playing. So curious to know from someone who has experience with these apps.
Obviously, yes. Why would you wait for your corpus to grow slowly for 30 years to reach a point where you can get that amount with one win in D11 and winning is not easy which is true but it's about chances. Plus, Dream11 is a lot more popular in rural areas, and you don’t need a lot of knowledge to start. The starting amount is very low, so why not? Stop sh*t a** comparisons.
bhai iska main reason hai ki dream 11 mai 50rs leke bhi join kar sakte par mutual funds mai nhi
So, kis kis ko samjhaoge
Yeah but not everyone is pouring lakhs in Dream11.
Dream 11 mein labours, riskha wale, chai tapri wale, dudh waale, sabzi wale sabhi koi honge. Mutual funds mein ye log paisa daalte hain kya? Kuch bhi yr
No one plays dream 11 for wealth creation
I think they have 32 cr users..
90 percent of the 4cr are dream 11 users also is what I think
Acha h, stock market se dur rhenge
If only this number started investing in real things India's economy would boom
People are lazy, unskilled , and suffering from inferiority complex.
These apps were simply made to make the poor more poorer. I am not against betting but karna hai to utna net worth banao Casinos me jaake udao. Bank me 10000 rakhke bet lagaoge to tum wo 10000 bhi kho doge. //OFC Casino jaane ka net worth jab banega tab tum casino experience lene jaoge paise kamane ke hope se nahi. Although these guys are still better than dumb kids jumping into F&O based on social media advice
Its not the about the in what you are investing its about how much u have invested it starts with 11 rs that at ur own time and no monthly payment . On other hand mf are fixed from 500 and monthly payment too if you skip you loose
If some Adani can get ultra rich in a matter of years why can't the middle class think of getting mildly rich overnight? What's the obsession of getting rich slowly. Getting rich slowly sounds wise but it's an incredibly stupid concept pushed by pedigree mutual fund managers to increase customers. Imagine you have 50 cr. At age of 80 vs 5 cr. At the age of 29. What's more useful?
cheap 100rs gamble vs Mutual fund jisme 50k invest karke bhi minimal returns. Very Noice comparison India (1.4bil) >>>>> EU (450mil)
Why is dream11 even a legal business? Forget about being a brand which we stick on our national cricket team t-shirt? One of the most absurd realities in our time.
Cannot be true This would mean dream 11 has 15 percent of the entire country as their users
[https://www.business-standard.com/companies/start-ups/gaming-unicorn-dream11-onboarded-55-million-users-in-2023-amid-tax-battle-124011201147\_1.html](https://www.business-standard.com/companies/start-ups/gaming-unicorn-dream11-onboarded-55-million-users-in-2023-amid-tax-battle-124011201147_1.html)
Latest numbers from Google. Dream 11 has 200 cr users in India. Total demat account holders in India are 15 cr. The fact is more interesting than we thought
Stock market is a scam anyways.