Skill, Strategy, and Innovation: IIT and VMLS Report Validate Opinion Trading as India’s Newest Fantasy Game Trend
Updated On: 30 June, 2025 05:37 PM IST | Mumbai | Buzzfeed
The report’s most compelling contribution lies in its application of game theory to understand the mechanics of opinion trading.

IIT and VML
A landmark report published by Evam Law & Policy in association with Vinayaka Mission’s Law School is challenging conventional perceptions of real-money gaming in India. Titled “Skill in Opinion Trading”, the report dissects the structure, performance data, and legal standing of opinion trading platforms, also known as sports trading and builds a compelling case that these platforms represent a cutting-edge format where strategic skill determines outcomes. Drawing from an extensive analysis of various relevant platforms, the report proposes that this rapidly emerging genre is not merely a gaming alternative but a fundamentally innovative system rooted in behavioural analysis, economic modelling, and game theory.
Opinion trading diverges from traditional fantasy gaming formats in its architecture. Rather than creating a team or setting stakes, users engage with dynamic, real-world events in player vs. player formats by backing outcomes. These events fluctuate in value based on public sentiment and trading volume, creating a live, evolving market. There is no central entity determining odds or outcomes. This foundational difference transforms opinion trading into a multi-layered experience demanding analytical reasoning, real-time decision-making, and cognitive adaptability.

