Kolhapur: Schoolboy wins Rs 1 crore on Dream11 fantasy sports app

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A seventh class student from Murgud in Kolhapur district has won Rs 1 crore after creating a winning team on the Dream11 fantasy gaming app. The student, identified as Saksham Bajirao Kumbhar, made a team for the third ODI between India and New Zealand which was held in Indore on January 24.

After the match on Tuesday, the team formed by Saksham won the most points among other players, which led to him winning the first prize. An amount of Rs 70 lakh was deposited in his account after tax deduction. His family and friends were overjoyed and took out a procession in the village celebrating his victory.

According to Maharashtra Times, the schoolboy is very good at academics and has scored brilliantly in a scholarship examination. He also has very good knowledge of cricket and because of it his parents allowed him to take part in these games.

Meanwhile, the question here arises as to how a kid under the age of 18 won the prize money when the company’s policy & self-regulatory code of the Federation of Indian Fantasy Sports (FIFS) require all users to be 18 years of age or more.

The official Dream11 terms and conditions state, “Persons below the age of eighteen (18) years are not allowed to participate in any of the contests, games (by whatever name called) on the Dream11 Platform. The Users will have to disclose their real age at the time of getting access into the Dream11 Platform.”

In the same vein, the FIFS charter states, “Paid contest formats on a Fantasy Sports Platform (FSP) shall not be offered by a Member to users who are less than eighteen (18) years old.”

In this case, the actual account through which the boy won the money appears to be registered under his father’s name. Hence, the prize money will be deposited in his father’s account.

It is due to incidents like these that MeitY has proposed KYC verification of gamers on all real money platforms in order to identify the individuals playing the game.