Game Rules

Rules of the Game

  1. You have to be above the age of 18 to use the app.
  2. You should not be a resident of states that have banned real money online gaming. (Namely: Andhra Pradesh, Assam, Nagaland, Orissa, Sikkim, Tamil Nadu, Telangana).
  3. You have to complete and verify KYC (Know Your Customer) documents to place a trade.
  4. You have to deposit money to start trading.
  5. Once the money is added to your wallet, you can start trading.
  6. To trade, you must go and place a buy order under the profile of the player whose shares you want to purchase.
  7. For a trade to be successful, it has to be matched with another seller at the same price. For example, if the buyer places a buy order for 100 shares at Rs. 50, each share from the seller needs to be selling at Rs. 50 too.
  8. The trade will not be successful if the buyer is at Rs. 50 and seller are at Rs. 51. Either the buyer will have to edit the order and increase the buying price to 51 or wait for another seller.
  9. Once a trade is successful, the player you bought will be visible under your portfolio.
  10. You can buy and sell the stocks of any number of players you want to.
  11. You can buy and sell at any time (Before, after or even during the game).
  12. You can withdraw money any time you feel you have made enough money.
  13. As per government regulations, 31.2% TDS (Tax Deducted at source) is applicable on withdrawal where profits are more than Rs. 10,000. (We advise you to withdraw only when required, so you pay lesser tax)
  14. Withdrawal is generally processed within 24 hours. In rare cases, it will take a maximum of 3 working days and no more.

Disclaimer

Unless otherwise explicitly specified, Sports Inddex is not affiliated in any way to and claims no association, in any capacity whatsoever, with any international or national or domestic sports body/franchise including, but not limited to the International Cricket Council (ICC), the Board of Control for Cricket in India (BCCI) or the Indian Premier League (IPL).