Real Many Games – The author is a professor, Department of Economics, P.G.D.A.V. College (Delhi University) For some time you have seen ads of some apps where sports celebrities are promoting online games, though at the same time the same ad also has a quick warning: “Play these games carefully ., can be addictive. In fact, our youth have been exposed to these celebrity-endorsed apps and trapped in games. This industry of “real money games” has been growing significantly due to the expansion of the Internet and mobile phones in the country for some time now. It is believed that by 2025, the business in this industry will be more than 5 billion dollars.

Different types of online games and applications including virtual games namely fantasy sports, rummy, ludo, stock trading games and crypto based games are called real money games which are played for money and rewards. These games are based on both skill and chance. But whether they are based on skill or Chance, they are growing fast and the companies promoting these apps and websites are making huge profits.

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Since the appearance of these real money games, there have been many cases where young people have ended their lives after being trapped in debt. It happens because they are practically addicted and in the end the chances of winning in these games are very small. In some cases, even families have been destroyed after a member of the youth has gone into huge debt due to these addictive apps.

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In 2020, an app company called Dream-11 bought the IPL cricket sponsorship rights by paying 222 billion rupees. After this, the Dream-11 application became a common name. Apps for other fantasy cricket games have also got advertising rights in the IPL. All these apps are promoted by big cricket celebrities. Celebrities include e.g. M.S. Dhoni, Rohit Sharma, Hardik Pandya and Rishabh Pant.

According to reports, most of the youth who commit suicide due to gaming addiction through these apps are between the ages of 19 and 25 and include students, migrant workers and businessmen.

Most courts have upheld these Fantasy Games, accepting the argument that it is a game of skill. However, realizing the seriousness, six governments have so far banned or banned fantasy cricket platforms. Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy has requested the Union government to ban 132 such apps.

Although some studies claim that winning in this game of fantasy cricket is not random and therefore random, some sports psychologists believe that fantasy cricket is actually a game of luck and can lead to pathological gambling behavior. However, the logic of people associated with this “industry” is that there is no reason to be addicted to fantasy sports, since the average ticket price in it is only 35 rubles, so a person cannot lose more than 10 thousand in such games. the time of his life.

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However, this claim has been proven wrong with reports of people committing suicide after being trapped in debt of lakhs of rupees due to these ‘games’. Therefore, more research is needed on this topic. It is worth noting that currently this industry is not subject to any law and is self-regulated. Therefore, rather than the knowledge of the industry itself, only a thorough study of these applications can reveal the truth.

Risk-taking is not only recognized as important in neoliberal economic theories, it is also praised. Many financial instruments have entered the era of neoliberal policies, and speculation has become an integral part of today’s economy. Although speculation in the stock, commodity and stock markets has many side effects, it is legally permitted. As speculation has entered common life, playing fantasy games has also gained general acceptance.

In fantasy games, some players may win and others may lose, but the affiliate apps that run these games make huge profits. This win leads them to buy sponsorship rights by paying huge fees to cricket organizers like BCCI. We need to understand that their profits are at the expense of the poor students, workers, farmers and common people who put their savings into these games or even borrow to play these games for real money.

We see that courts and governing bodies have information about these games that customers do not. The Supreme Court has stated that the results of skill-based games can be influenced by mechanical manipulation.

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In such a situation, the Government of India and the concerned administrative ministries cannot remain inactive. Apps that encourage young people to gamble should be banned. Until this process is complete, advertisements must be banned, especially from celebrities. Home » How to make money online » Real Cash Games online – Play real money games

Did you know that you can play real money games online and win money at the same time? Real money gaming apps have become popular over the years and participating in real money games is completely legal as they are skill based games. In addition to real money, they are fun and give us an adrenaline rush when competing with other online opponents.

Among the real money online games, table games like ludo, carrom, snakes and ladders etc. and card games like rummy, trump card games etc. have become very popular.

In this article, we highlight the benefits of online real cash games and list the 6 best games to play online.

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Real money games are those that allow you to win real money by defeating your opponents online. They have become very popular in India. Due to mobile-first phenomena, the real money gaming market in India is expected to grow exponentially.

Playing real money games online can be fun and you can even enjoy them whenever you are bored. They provide an interactive interface that allows you to easily interact with other players. You can also invite your friends and relatives to get an extra referral bonus. Many real cash game apps also offer players a welcome or sign-up bonus. Just register in the app! In addition, most real money games offer the possibility of instant cash withdrawals and deposits.

Real money games are, as I suggest, online games where you can win real money from the comfort of your home. There are many advantages to playing real money games online. You can find a game with the stakes and players you’re comfortable with and play at home.

Another advantage of playing for real cash online is that the games are faster than offline. For example, a game of Carrom can take hours to complete; However, if you play Carrom online, the game is usually less than 10 minutes!

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Real cash game app developers ensure the safety of your payment transactions by providing a secure payment gateway when depositing and withdrawing money. The introduction of withdrawals and deposits through UPI and mobile wallets has made online transactions much easier and safer. Generally, all real cash games offer instant withdrawal of your winnings. For example, when you play real money games, you can withdraw your winnings immediately!

With the right cash game app, you can usually play multiple games with the same app. This eliminates the need to download different real money games. For example, you can play ludo, carrom, snakes and ladders and many other gambling games online by downloading a game app called . So if you don’t master one game, you can always master another game to win money online.

The winning amount usually consists of the participation fee paid by each player. However, many online gambling games allow you to play without an entry fee. Here you will face players who only play in free play mode. As a result, there is no risk of losing money when you need to understand the rules of a particular game.

So you can start with no entry games and develop your skills to participate in the entry tournament. Gaming apps that allow you to continue with an entry fee of Rs. 2 or Rs. 5 are ideal because they don’t have to pay a significant amount for each game. Once you are familiar with the game, you can choose a higher buy-in tournament.

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State-of-the-art real money game development allows you to play exciting games with exceptional graphic quality. Great sounds, game quality and features enhance your gaming experience. Moreover, these gaming apps are constantly updated to add new and exciting features that make real money games more fun for users.

Playing real money games online is easy as you only need to download the game app to win real money. It is important to check the authenticity of the game app before downloading it. You should always choose gaming apps that follow a transparent payment policy and allow you to play multiple games through a single app.

Is an emerging brand in online cash games. Just play 10 minute games here to stand a chance to win Rs. 10, 00, 000 every day. The games offered are also skill-based. You will find exciting and live online games

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