It’s good news for all cricket lovers and fantasy sports enthusiasts. Sharechat Jeet11 app is all ready to take off starting this IPL season.
IPL is not only hype in terms of money, with its 12th season starting off this year, but it’s also a culture, religion, and emotion to amass! Thanks to the Indian Premier League due to which another hype took birth – the hype about fantasy sports.
What the market looks like for ShareChat Jeet11 App:
India has plenty of sports leagues as well as craze about fantasy sports. Fantasy sports market will see another player entering the market – ShareChat’s Jee11 App.
Do you know that India’s fantasy sports industry in the country is said to be INR 43.8 Bn? and it’s said to reach INR 118.8 Bn by 2023! (according to Evolving Landscape of Sports Gaming report)
Don’t be surprised to know that our regional app, ShareChat has been on a testing phase of this app for more than 6 months!
ShareChat Jeet11 app enabled users to bet on cricket and football matches. As of now, the app has a userbase of more than 120,000 from all over India. Jeet11 also has a website as well.
Another interesting thing to note down here is on Jeet11 there is no mention of ShareChat. Maybe this is because the app is still in the testing phase (MAYBE).
Since fantasy games are not allowed on Google Play Store due to betting issues, ShareChat Jeet 11 app is using Xiaomi’s GetApps app store platform. The app also asks users to confirm if they are not living in states like Assam, Arunachal Pradesh, Odisha, Sikkim & Telangana – these states have banned fantasy sports betting.
Are there competitors for ShareChat Jeet11 app?
If you’re an avid follower of cricket, you must be well aware of apps like Dream11, BalleBazi, WinzO Games, CricPlay, My11Circle, DuggOut, Halaplay, ProSports11, Fantain, Nostra Pro, MPL, Real11 and many more.
ShareChat Jeet11 app will be directly competing with these fantasy sports apps. Dream11 offers games of skills in the fantasy sports games genre for cricket, football, kabaddi and National Basketball Association (NBA). The app is said to have a userbase exceeding 75 million and comes with hard cash rewards.
Dream11 has raised more than $100 million from multiple investors and it is said to be one of the strongest competitors in terms of userbase, deep-pockets (and every other aspect). ShareChat Jream11 app will be coming up against a highly crowded market of already existing fantasy sports platforms.
Conclusion:
Competition is everywhere, isn’t it? Be it a major market or micro-niche, sooner or later it will be stuffed with new entrants.
ShareChat Jeet11 app is said to be entering a hyperactive market that is backed up by a culture, a craze and India’s favorite game – Cricket!
We still have to wait to see the USP of this app, but isn’t it amazing to have 120,000 userbases in their testing phase? All in all, all these fantasy sports platforms are elevating the level of betting and strategy formulation.
While some states are in the debate if this thing is ethical or not, entrepreneurs are utilizing every bit of it to reap all the cream crops by the earliest.
