Recent reports indicate that a growing number of sports fans are hooked on to their laptops or mobiles just before 8 pm IST. Surveys indicate that it will stay this way for the next month and a half. Source: Anonymous.
Well, it’s the season of fantasy sports and none is bigger than IPL, India’s great cricketing extravaganza. For the uninitiated, fantasy sport is a game where you are a virtual manager with a budget (say a million dollars) with your baby that is a team of players who get points for actual performance in the game. It is a format that is currently in India $ 20 Mm in size with a 10X growth in last two years, as per reports. Dream XI and Fandromeda are some of the most popular ones though the official websites (IPL, EPL, etc.) have their own versions and are just as popular.
The early days of Fantasy sports in India were in the early 2000’s when ESPN Super Selector was big. I remember the craze during my MBA days. In the 2003 cricket World Cup, there was as much cheer when Vaas took a first over hat-trick vs Bangladesh (for someone who had Vaas as his fantasy team captain!) as when Sachin hit a six off Shoaib Akhtar at Centurion. It was pure joy when the Mirror newspaper would carry your name when they published the daily leaderboard for the 2006 Football World Cup. A Nokia phone as a gift for winning a fantasy tournament was a prized possession. Thierry Henry would be my permanent captain in my fantasy EPL team during the glory Gunners era and he would always deliver!
So what makes the fantasy sports format so special?
To begin with, the Indian sports fan always has a unique point of view. ‘Why promote Vijay Shankar when you have DK?’. ‘Who gives the last over to Vinay Kumar?!’, and so on and so forth. Well, fantasy sports gives a great chance to the passionate fan to be the couch Harsha Bhogle and create a team of players who they think will do well.
In psychology during my MBA days, I had read about the n-ach motivation- there is this latent need for achievement and managing success with a finite budgets versus a competitive peer set gives you a pure high.
Fantasy sport also provides a great platform to a hardcore sports fan for an evolved engagement level. So it’s not just the KKR matches for the Kolkata fan, but you have to follow the other games too- as there is a need to see where the next fantasy points are going to come from.
In a way, this format is also an extension of your personality. There are people who ‘play safe’ and go for middling picks whereas the entrepreneurial types would go for more ‘lateral picks’ and risk it all.
Lastly, whether it’s an office or an alumni group, it’s a super way to stay connected through a passion point which is sports. So who gets the bragging rights as the winner? Whose leg can you pull as he is the bottomer? Such banter is all that matters, sometimes much more than the prize money. Some fun to spice up your day.
And now to the million dollar question, how to succeed in fantasy sports?
Well, there are no set rules, but there is always some method in the madness. So, sharing some tips.
The fantasy sports format is like a stock market. You need to plan well when you want to buy and sell a player. You do not want to follow the market all the time. So being proactive and buying before a big performance is the key. Like Guptill gave average returns in the World Cup 2015 format till he hit 237 in the Quarters vs Windies. Someone had Guptill throughout the cup and dropped him for just that match while someone else bought him for the first time in the Quarters. Guess who had the last laugh?
It pays to think like an economist as the resources are scarce. Everyone would want to pick all the big players but with a finite budget, one has to pick and choose. The trick is to maximize the return/ price ratio. So a Kohli purple patch will be important, but a good performance from a rookie who is cheap (like Unadkat in last IPL) is almost gold dust!
It always pays when you do your research. So a Nadal always does well on clay court, Rohit Sharma performs well in Eden Gardens and Kohli is mind-blowing in chases. Past trends can be a good indication of what may happen in the future. An eye on the fixtures and how scheduling patterns are also help you to move ahead in the fantasy table.
You can do all your preparations, but there can be no substitute to gut feeling. So kudos to those who picked Pennetta in the 2015 US Open (when she entered the tournament as the 26th seed), or the one backing Fakhar Zaman as power player in the Champions Trophy final. Good hunches are critical to fantasy success.
Lastly, it’s just a game- so important to enjoy the bragging rights and leg pulls along the journey because that’s why we play the game in the first place.
So, the alarm clocks and calendar invites have been set. Here’s to the next 8 pm deadline!
To end, as one great man once said, ‘Fantasy game is 90% luck and 10% skill. But don’t try it without that 10%’!