As currently IPL 2024 is going on with great fanfare. If you are hobbyist of cricket and watch IPL, then you would definitely want to make money by creating a fantasy cricket team. I hope you will be profitable in this IPL so far. But if you have searched and read this article, then it means that you are also running in loss. But there is no need to worry, in this article we will discuss some tips and strategies on “How to cover losses on MY 11 Circle” or any other fantasy platform. So that you can also be profitable
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Important tips for cover loss
If you want to become profitable by covering your losses, then keep all these points in your mind.
1. Equal investment
If you want to remain successful in the world of fantasy cricket for a long time and want to make profit, then keep this point in mind that you have to invest equally in every match. Do’nt do that if you have a loss in one match, then you double your investment in the next day’s match, because of this you will go into further loss. If you find any match risky then you can invest low in it or even not invest on that match.
2. play selective matches
As many matches take place in a day on fantasy apps, you should not invest money in all the matches. You have to invest money only in some selective matches and tournaments like IPL, WPL, PSL and World Cup matches.
3. Join multiple leagues
You have to join multiple leagues and never invest all your money in a single league.
Let us understand this with an example.
Suppose you join just one league and if your opponent is strong in it, then it is certain that you will lose in that match. And if you had instead joined multiple leagues, if you lost in one or two and won in the others, overall your chances of winning would be higher.
That’s why you should always join multiple leagues
4. Fear is not allowed
It is true that you have suffered a loss but you have to forget it and focus on your future plans. Because if you keep being afraid then because of that you will not be able to take the right decision and will keep on losing.
5. Don’t take more risk if you are in loss
You should not take too much risk because you are already in loss. If you take too much risk in one go to cover the loss, then you will go into further loss. And your mental health will get worse. So keep making profits by taking little risks.
And at the end the last tip is that while trying to cover your losses, do not follow those people who promise to cover your losses by taking money because all this is fraud.
Investment Plan
Follow this investment plan for profitable in fantasy cricket
For low investors (50-500)
- invest your 70% money in 3 member leagues
- 30% money in 4 members league
- don’t play grand league you are low investors. only focus on small leagues
For medium investors (500 – 5000)
- invest your 60% money in 3 members leagues
- 30% money in 4 members league
- 10% in GL (grand league)
For high investors ( more than 5000)
- invest your 65% money in 3 members leagues
- 25% money 4 members league
- you can join GL with 10,15 teams
If you follow these tips and strategies then it is guaranteed that you will be profitable in the long term.