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How can I track my winnings?

You can track your winnings in the "Summary" section in the "Portfolio" tab, where you can get an overview of the coins invested, realised and unrealised gain/loss along with coins remaining.

What will happen if I’m at a loss of 80% or more in a player’s stock?

If your player stock is in a loss of 80% or more, it will be sold automatically, and the remaining amount will be added to your Wallet. We'll also send you an alert if it falls by 70% or further.

Can I directly transfer my Discount XP?

By giving away Discount XP, Sixer intends to offer our valued users an amazing investor experience. You can use this amount to trade on fantasy stocks and subsequently transfer them. They cannot be transferred directly.

Can I use the Discount bonus for trading?

Yes, you can use 10% of the total transaction from your discount bonus for trading. Let’s say you are trading for 100 stocks of a player, who is priced at ₹30. The total amount required will be 3000, out of which you can use a Cash Bonus of 300 (10% of the total amount) in this transaction.

Will my referral receive Discount Bonus too?

Yes, your referral will also receive a Discount Bonus of 25 after signing up.

Is the Performance Average for UP and Down positions the same?

Yes, as the same scoring system is used for Up and Down positions, the performance average is also the same.

What if a player retires?

If a player in the Sixer Player Roster retires, you will be allowed to sell that particular player at the last sell price without any issue, regardless of the number of matches he has been held for in your portfolio.

What is the UP and Down position while buying an Asset?

Based on your skill and knowledge of the game, you can take up two positions:

  1. Up Position: If you think a player will play well in his upcoming games and his price will move up, you can buy the “Up” position on the player's asset.
  2. Down Position: If you think a player will underperform and result in a drop in price, you can buy the “Down” position and earn on his price declining too.
Can we hold Up and Down positions in the same player at the same time?

No, you cannot hold UP and DOWN positions in the same player at the same time. For example, If you already own an UP position in a player, then you will not be allowed to buy a Down position in the same player.

What happens in case of abandoned match?

In case of an abandoned match, the prices will be reset to what they where at the beginning of the match. The match will be marked as N/A with no price changes in the Sixer Market.

How long can I hold my stock in Sixer?

You can hold a player stock in your portfolio for a maximum of ten matches. Sixer's Flexi Portfolio option allows portfolio modifications based on the number of players owned: owning less than 3 players requires a minimum hold for 3 matches while owning 3 or more allows selling players after just one game., i.e. the player featuring in the squad. After the completion of the 10th match, your fantasy stock will be automatically sold.

Is there a minimum requirement for number of stocks?

No, you can even buy one player’s stocks in the Sixer Market and create your portfolio. However, you can sell them at any point once the stocks have satisfied the minimum match count requirement.

Is the trading fee different for Up and Down positions in a Futures Asset?

Yes, the trading fee for Up and Down positions may differ due to differences in supply and demand for future assets in the two positions.

Can I sell a player who has not played a single game?

No. For a player’s fantasy stock to be eligible for selling, he/she should be part of at least one squad game.

Is Scoring and pricing different for men's and women's cricket matches?

Yes, Men’s and Women’s cricketers and their performances (prices and match scores) are valued through unique scoring and pricing systems.

The major difference within the two scoring systems is the bounds. Male cricketers can achieve a score between 0 to 200 in Super Assets whereas there are no bounds for Female cricketers in their Super Assets.

How does the player price move?

The prices are impacted by the performance of the player across two to ten matches. The price moves depending on how the player performs relative to their Performance Average. If they perform above the Performance Average in a given match, the price goes up, if they perform worse than their Performance Average in a given match, their price goes down.You can hold a player’s fantasy stocks for a minimum of two matches and a maximum of ten games.

You can wish to sell after holding for two matches or can hold until the ten match window is completed.

For instance, let's take Sam Curran and assume that we have bought his stocks for ₹49 per Share. If Sam scores a hundred or outscores his Performance Average, his price will increase and may go up to ₹59 per Share, which is an increase in the amount you invested initially. By selling at ₹59 per Share, you can make a profit of ₹10 per Share because of Sam Curran's good performance!

How long can we hold a player’s future asset?

You can hold the asset for a minimum of one match and a maximum of five games. You can wish to sell after holding for one match or can hold until the five-match window is completed.

Which leagues and matches are considered in Sixer?

All international matches including ICC tournaments and Associate Nation cricket and the major T20 franchise league competitions are considered in the Sixer scoring system such as:

Men’s Coverage:

  • Indian T20 League
  • Australia T20 League
  • South African T20 League
  • UAE T20 League
  • England T20 League
  • 100-ball tournament
  • Pakistan T20 League
  • New Zealand T20 League
  • Sri Lanka T20 League
  • USA T20 League
  • Canada T20 League
  • West Indies T20 League
  • Bangladesh T20 League
  • UAE T10 League
  • Zimbabwe T10 League
  • Tamil Nadu T20 League
  • CSA Domestic T20
  • CSA Domestic T20 Provincial
  • Australia One-Day Cup
  • English One-Day Cup
  • New Zealand One-Day Trophy
  • West Indies One-Day Cup
  • Ireland One-Day Cup
  • Ireland T20 Trophy
  • Australia Domestic First-Class
  • English Domestic First-Class
  • New Zealand Domestic First-Class
  • South Africa 4-Day First-Class
  • West Indies Domestic First-Class

Women’s Coverage:

  • Women's T20 League
  • Women's 100-ball tournament
  • AUS Women's T20 League
  • WI Women's T20 League
  • NZ Women's T20 League
  • ENG Women's Domestic T20 Cup
  • ENG Women's Domestic One-Day Cup
  • WI Women's One-Day Cup
  • WI Domestic Women's T20
  • CSA Women's Domestic One Day
  • CSA Women's Domestic T20
  • NZ Women's ODD
How is the price of the stock determined for a Futures Asset?

At any given time, the price of the asset will be the combined value of the total score achieved in completed/live games and the score expectation in the remaining games for that particular stock. 

For example, if a player's asset is priced at ₹35 after two matches and he has scored 5 & 7 in the first two games, then his total score expectation in the next three games will be 23.

What is a Futures Asset?

The Futures Assets in Sixer allow users to buy and sell cricket players virtual stocks by predicting their scores over a span of five matches.

I have placed a withdrawal, when will I get the money?

Most transactions are completed on the same day. However, sometimes banks can take 3-4 business days to make the payment. You will receive the amount in the name of "CASHFREE PAYMENTS INDIA PRIVATE LIM” or “Pasfar Technologies".

Can I withdraw my winnings?

Once you have sold your stocks and are ready to withdraw, you can withdraw the desired amount using the "Withdraw" option in the "My Account" tab.

What is the minimum and maximum deposit limit?

The minimum deposit in Sixer is INR 10 while you can deposit a maximum of INR 20,00,000 per month.

What is the GST rate applied to deposits on Sixer?

From October 1st, 2023, a 28% GST is applied to all deposits made on online gaming platforms, including Sixer.

How does the GST deduction work when I make a deposit on Sixer?

When you make a deposit on Sixer, a 28% GST deduction will be applied to the deposited amount. For example, if you deposit 1000 INR, 218.75 INR will be remitted to the government as GST, and your Unutilized Deposit Balance will display 781.25 INR.

However, Sixer will credit the equivalent amount deducted from your deposit as a Discount XP immediately.

Is there any impact of GST on TDS?

For TDS calculations, the entire amount you deposit will be considered towards your deposited amount. For example, if you deposit 1000 INR and 218.75 INR is deducted for GST, then attempt to withdraw 1000 INR, no TDS will be charged. This example assumes your previous financial year closing balance is 0.

Can I directly transfer the Discount XP to my bank account?

No, the Discount XP amount cannot be withdrawn directly, however, you can use this amount to trade in the Sixer market.

Will the GST rate change in the future?

The GST rate applied to deposits on Sixer may be subject to change in accordance with government policies. It is advisable to stay updated with Sixer's official communications for any changes in the GST rate.

How can I track the GST deductions and credits in my account?

You can view the GST deductions and credits in your account statement or transaction history on the Sixer platform. This will provide a clear record of how GST is applied to your deposits and any corresponding Discount Bonuses.

Does Sixer cover my GST on deposits?

No, Sixer does not cover the GST on deposits. The GST is deducted from the deposited amount, and the remaining balance is credited to your Unutilized Deposit Balance.

Sixer does, however, credit the equivalent amount deducted from your deposit as a Discount XP, which can be used for trading, but it does not cover or reimburse the GST amount itself.

Do I need to pay GST even while buying or selling stocks?

No, GST is not applied to stock buying or selling transactions. It is specifically applied only to deposits made on online gaming platforms.

What happens if I have net loss?

No Govt. Tax (TDS) will be applicable in case of net loss at the time of withdrawal or at the end of the financial year.

How can I check all the transactions and Govt. Tax (TDS) related details?

You can check out the detailed TDS breakup while making a withdrawal by clicking on “View Details”.

You can also check all your previous withdrawals in the wallet timeline section of the app. Go to Sixer wallet → Wallet timeline → Deposits and Withdrawals. Here you can see all your past deposits and withdrawals along with if any TDS was deducted on each withdrawal.

Is there any threshold amount above which the Govt. Tax (TDS) will be deducted?

No, TDS will be deducted on the taxable amount on every withdrawal and in case of no withdrawals, TDS will be deducted from your closing balance at the end of every financial year.

What if I end up paying extra Govt. Tax (TDS)?

Don’t worry; you can claim your Govt. Tax (TDS) refund when filing your Income Tax Returns (ITR) for that financial year. TDS certificate will be provided to you before the end of financial year upon request.

How is taxable amount calculated for the financial year (FY)?

The taxable amount is defined as the difference between your withdrawals and deposits in the FY. Here’s how the taxable amount is calculated:

Taxable amount (Net Winnings) = A - B - C - D

  • A - Total withdrawals (including current withdrawal amount)
  • B - Total deposit
  • C - Opening balance (Deposits + Winnings) at FY beginning
  • D - Amount on which TDS deduced till date.

Did you know?

1 April to 31 march is considered a financial year (FY).

you can check out some examples here.

Will my account balance held till 31st march 2023 also get affected?

No. your account balance holdings before 1 April 2023 will not incur a Govt. Tax (TDS) deduction as per the new update.

What happens if I have not made any withdrawals during the financial year?

The taxable amount at the end of the financial year (31 March) will be subject to Govt. Tax (TDS) at 30%. TDS will be deducted from your closing balance as on 31 March, 2024.

Note - A, B, D & E are calculated for the current FY (Financial Year) i.e. 1st April 2023 onwards.

Are there any tax deductions on my winnings?

The new Govt. Tax (TDS) law, as defined in the Finance Act, 2023, has been in effect since 1 April 2023. According to the law, 30% of your taxable amount (net winnings) is deducted as TDS on withdrawal.

Can I verify my KYC using UPI wallets and Digital Payments Banks?

No, you cannot verify your KYC using UPI wallets, digital payment banks and NRE accounts.

What are the acceptable Bank Account documents?

You can upload any of the following documents - Bank Statement, Chequebook, Passbook and a screenshot of your NetBanking profile page. Please ensure your document has your name, bank account number and IFSC code clearly visible and they should match with the details that you enter on the app during the verification process.

My KYC details are rejected, what should I do?

You might have received an email explaining the cause for rejecting your KYC documents. You can upload your details once again while adhering to the standard procedure of KYC Verification, i.e. uploading clear images of PAN card and Bank account documents with your name, date of birth, bank account number and PAN card number clearly visible.

How many accounts can I create with one bank account/one PAN card?

As per KYC regulations, you can only create one account with a PAN card and Bank Account on Sixer.

Note: Once your PAN is successfully verified, you cannot unlink it from your account.

Is the PAN and Bank verification mandatory?

Yes, PAN and Bank Verification is mandatory as withdrawals involve transferring your winning amount to your bank account and also to issue TDS certificates whenever necessary.

How long does it take for Sixer to verify my account?

Once the details are submitted, we work as fast as possible. However, it may take up to 1-5 business days for your details to be verified. You will receive an update as and when the verification is complete.

Are my details secure with Sixer?

Yes, your details are perfectly secure with us. We do not store your credit/debit card details, including your CVV. We only work with trusted third party payment gateways with 3D secure authentication to ensure safety and security of all your financial transactions.

Why is my PAN/Bank verification getting rejected?

There could be a few possible reasons as to why your documents are getting rejected. It could be because:

  1. The images of PAN and/or Bank Document are not clear
  2. The name, PAN number and/or date of birth in the PAN card and the details manually entered in the app do not match
  3. The name and account number in the Bank Account document and the details manually entered in the app do not match
  4. Name in PAN card and Bank Account document do not match
  5. Your bank document could have been invalid. You can upload any of the following documents - bank statement, cheque, passbook and a screenshot of your net banking profile page.
How do I get my Sixer Account verified?

It's simple! All you need to do is select the "Account Verification" option in the "My Account" section and upload your details, including images of your PAN card and Bank Account documents. Kindly ensure that the following: PAN Card: Name, Date of Birth and PAN Account Number should be clear. Bank Account Document: Name, IFSC Code and Bank Account Number should be clear.

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Can residents of Tamil Nadu play Sixer?

No, the residents of Tamil Nadu cannot play Sixer.

Due to the new Tamil Nadu Online Gaming Authority (Real Money Games) Regulations, 2025 (ROC No. 133/Admin/TNOGA/2024), Sixer is required to temporarily disable trading real money gaming for users located in Tamil Nadu.

How long does it take for the stocks to expire after the completion of the 5th game?

The automatic selling of stocks can occur within 72 hours after the completion of the 5th game of the series.

Will the GST rate change in the future?

The GST rate applied to deposits on Sixer may be subject to change in accordance with government policies. It is advisable to stay updated with Sixer's official communications for any changes in the GST rate.

Will a player’s price move if he/she doesn't feature in the playing 11?

Yes, if a player doesn't feature in the playing 11, their stock price may fluctuate based on the buy or sell activity in that particular player's asset. Depending on the demand and supply dynamics, the price may either go up or down.

Will my account balance held till 31st march 2023 also get affected?

No. your account balance holdings before 1 April 2023 will not incur a Govt. Tax (TDS) deduction as per the new update.

Why are scaled scores capped at 10?

The scaled scores are capped at 10 to standardize the performance of the player in a match and to fairly evaluate the player based on his/her performance.

Why is my PAN/Bank verification getting rejected?

There a few possible reasons as to why your documents are getting rejected. It could be because:

  1. The images of PAN and/or Bank Document are not clear
  2. The name, PAN number and/or date of birth in the PAN card and the details manually entered in the app do not match
  3. The name and account number in the Bank Account document and the details manually entered in the app do not match
  4. Name in PAN card and Bank Account document do not match
  5. Your bank document could have been invalid. You can upload any of the following documents - bank statement, cheque, passbook and a screenshot of your net banking profile page.
Why are only limited players available in the Sixer Market?

The Sixer Market consists of players, who will ideally interest customers for more than just a couple of games. Keeping in mind the popularity and schedule of all players, only limited players have been added. However, we do add players from time to time to make a series or tournament even more interesting for customers.

Which leagues and matches are considered in Sixer?

All international matches including ICC tournaments and Associate Nation cricket and the major T20 franchise league competitions are considered in the Sixer scoring system such as:

Men’s Coverage:

  • Indian T20 League
  • Australia T20 League
  • South African T20 League
  • UAE T20 League
  • England T20 League
  • 100-ball tournament
  • Pakistan T20 League
  • New Zealand T20 League
  • Sri Lanka T20 League
  • USA T20 League
  • Canada T20 League
  • West Indies T20 League
  • Bangladesh T20 League
  • UAE T10 League
  • Zimbabwe T10 League
  • Tamil Nadu T20 League
  • CSA Domestic T20
  • CSA Domestic T20 Provincial
  • Australia One-Day Cup
  • English One-Day Cup
  • New Zealand One-Day Trophy
  • West Indies One-Day Cup
  • Ireland One-Day Cup
  • Ireland T20 Trophy
  • Australia Domestic First-Class
  • English Domestic First-Class
  • New Zealand Domestic First-Class
  • South Africa 4-Day First-Class
  • West Indies Domestic First-Class

Women’s Coverage:

  • Women's T20 League
  • Women's 100-ball tournament
  • AUS Women's T20 League
  • WI Women's T20 League
  • NZ Women's T20 League
  • ENG Women's Domestic T20 Cup
  • ENG Women's Domestic One-Day Cup
  • WI Women's One-Day Cup
  • WI Domestic Women's T20
  • CSA Women's Domestic One Day
  • CSA Women's Domestic T20
  • NZ Women's ODD

Where can I see my Women's cricket fantasy stocks?

You can view all of your trades and fantasy stocks in women cricketers in your ‘Portfolio’. You can opt for a men’s or women’s only view of your portfolio by selecting the appropriate tab in the Portfolio section too.

When does a stock expire and what happens after stock expiry?

A player stock expires at the end of 5 games(playing 11). At stock expiry, your stocks will be sold at the current price. A new asset for that player will be renewed with a new price based on factors like historical performance, demand and supply dynamics, and other relevant considerations.

What will happen if I incur a loss of more than 100% in a player's stock?

In such a case, your stocks will be automatically sold, and and the remaining loss will be taken from your wallet funds. In case your wallet balance is insufficient, it'll become negative.

What will happen if I’m at a loss of 80% or more in a player’s stock?

If your player stock is in a loss of 80% or more, it will be sold automatically, and the remaining amount will be added to your Wallet. We'll also send you an alert if it falls by 70% or further.

What is Up and Down in futures assets?

Based on your skill and knowledge of the game, you can take up two positions:

Up Position: If you think a player will play well in his upcoming games and will score more than his expected score and his demand will increase, you can buy the “Up” position on the player's asset.

Down Position: If you think a player will underperform and will score less than his expected score and his demand will decrease, you can buy the “Down” position and earn on his price declining too.

What is the minimum and maximum withdrawal limit?

Once your account is verified, you can withdraw the desired amount from INR 25 (Minimum) to INR 1,00,000 (Maximum) in a day.

What is the minimum and maximum deposit limit?

The minimum deposit in Sixer is INR 10 while you can deposit a maximum of INR 20,00,000 per month.

What is the GST rate applied to deposits on Sixer?

From October 1st, 2023, a 28% GST is applied to all deposits made on online gaming platforms, including Sixer.

What is a game of skill under Indian Laws?

A game of skill is when a player invests his/her time in learning, practising and refining his skill to perform in a particular game. The Supreme Court noted that games of skill would be where

  1. “success depends principally upon the superior knowledge, training, attention, experience and adroitness of the player. It is also noted by the Supreme Court that a Game of Skill will have a predominance of Skill Factor.
  2. The principal legislation governing gambling in India is the Public Gambling Act, 1867 (“PGA”). The PGA criminalises the act of ‘gambling’ in a public forum and the keeping of a ‘common gaming house’. The PGA, however, creates an important exception in favour of games of skill, by stating that the provisions of the PGA shall [not] be held to apply to any ‘game of mere skill’ wherever played.
Is there a service fee on withdrawals?

No, withdrawals are free of service charges. You can withdraw your earnings without any additional fees. However, Tax Deducted at Source (TDS) will be applied to your winnings for the financial year, as per applicable tax regulations.

What is a Futures Asset?

The Futures Assets in Sixer allow users to buy and sell cricket players virtual stocks by predicting their scores over a span of five matches.

What if I end up paying extra Govt. Tax (TDS)?

Don’t worry; you can claim your Govt. Tax (TDS) refund when filing your Income Tax Returns (ITR) for that financial year. TDS certificate will be provided to you before the end of financial year upon request.

What happens if I have not made any withdrawals during the financial year?

The taxable amount at the end of the financial year (31 March) will be subject to Govt. Tax (TDS) at 30%. TDS will be deducted from your closing balance as on 31 March, 2024

Note - A, B, D & E are calculated for the current FY (Financial Year) i.e. 1st April 2023 onwards.

What happens in case of an abandoned match?

In case of an abandoned match, the prices will be reset to what they were at the beginning of the match. The match will be marked as N/A with no price changes in the player’s price.

What happens if the player retires?

If the player retires in the middle of his/her 5-match period, you can sell the asset at the prevalent price, regardless of the number of matches the asset has been held for in your portfolio.

What happens if I have net loss?

No Govt. Tax (TDS) will be applicable in case of net loss at the time of withdrawal or at the end of the financial year.

What factors are considered in determining the Price Expectation for player assets?

The IPO price of a player depends on multiple factors, such as the format the player is expected to participate in during the upcoming 5-match cycle, their recent and career performances, the opposition, pitch type, and other relevant dynamics.

What are the acceptable Bank Account documents?

You can upload any of the following documents - Bank Statement, Chequebook, Passbook and a screenshot of your NetBanking profile page. Please ensure your document has your name, bank account number and IFSC code clearly visible and they should match with the details that you enter on the app during the verification process.

What happens if a player doesn't bat and bowl in the match?

If a player does not bat & bowl in the match, their match score will be equivalent to the last 15-game average in that specific format.

My KYC details are rejected, what should I do?

You might have received an email explaining the cause for rejecting your KYC documents. You can upload your details once again while adhering to the standard procedure of KYC Verification, i.e. uploading clear images of PAN card and Bank account documents with your name, date of birth, bank account number and PAN card number clearly visible.

Is there any threshold amount above which the Govt. Tax (TDS) will be deducted?

No, TDS will be deducted on the taxable amount on every withdrawal and in case of no withdrawals, TDS will be deducted from your closing balance at the end of every financial year.

My account is blocked. What do I do?

If you log out and log in multiple times, your account will get blocked for 4 hours. To prevent this from happening, please don't repeatedly log out and log in to your account. Unfortunately, as this is controlled by Google, we can't unlock your account until the 4 hours are complete.

Is there any impact of GST on TDS?

For TDS calculations, the entire amount you deposit will be considered towards your deposited amount. For example, if you deposit 1000 INR and 218.75 INR is deducted for GST, then attempt to withdraw 1000 INR, no TDS will be charged. This example assumes your previous financial year closing balance is 0.

Is there any deadline for buying and selling?

Buying: In-match trading is not available in Sixer. You can trade in the cricketer’s future asset at any time other than during a live match in which a player is playing.

Selling: Future assets are to be held for a period of a minimum of one in-squad game and a maximum of five playing-11 games. After the completion of the first game, you can sell your future asset at any time other than during a live match in which a player is playing.

Is there a trading fee applicable in the Sixer market?

For every Sixer trade on the Sixer platform, a trading fee of 2% to 16% is applicable based on market conditions and is charged on the value of the stocks being traded.

Is there a limit to the number of player stocks I can hold at a time?

Yes, you can hold a maximum of 5000 stocks in a player at a time.

Is the trading fee different for Up and Down positions in a Futures Asset?

Yes, the trading fee for Up and Down positions may differ due to differences in supply and demand for future assets in the two positions.

Is the PAN and Bank verification mandatory?

Yes, PAN and Bank Verification is mandatory as withdrawals involve transferring your winning amount to your bank account and also to issue TDS certificates whenever necessary.

Is the 2x multiplier available in both Up and Down positions?

Yes, the 2x multiplier is available in both Up and Down positions.

Is Sixer Legal?

Of course! Sixer is a game of skill, you are using your skill to choose and hold players over time. You have to hold a stock for at least one or three matches matches (as per the Flexi Portfolio requirement) that his team has played in.

I have placed a withdrawal, when will I get the money?

Most transactions are completed on the same day. However, sometimes banks can take 3-4 business days to make the payment. You will receive the amount in the name of "CASHFREE PAYMENTS INDIA PRIVATE LIM” or “Pasfar Technologies".

I am facing issues in selling stocks. What should I do?

You could be facing any issue with selling stocks because you have not held your future assets for at least one game.

How often can I trade player assets?

You can trade player assets anytime between matches, as long as the trading window is open.

How much can I deposit on a monthly/yearly basis?

You can deposit a maximum of INR 20,00,000 per month and INR 1,00,00,000 on a yearly basis.

How many stocks can I buy or sell in a player?

You can buy or sell a maximum of 1000 stocks in each player. The maximum number of virtual stocks that can be bought and sold in a single transaction may vary depending on the market factors.

How many scoring systems are considered in Sixer for Futures?

There are different scoring mechanisms for Men’s and Women’s cricket specifically - which include different systems based on the format.

Men’s Scoring:

  • ODI Scoring System
  • Test Scoring System
  • T20/Hundred Scoring System

Women’s Scoring:

  1. ODI Scoring System
  2. T20/Hundred Scoring System
How many players' stocks do I need to buy while creating my portfolio?

While creating your portfolio, you have to buy at least three players' stocks, out of which two players should be in the Up position and one in the Down position.

How many accounts can I create with one bank account/one PAN card?

As per KYC regulations, you can only create one account with a PAN card and Bank Account on Sixer.

Note: Once your PAN is successfully verified, you cannot unlink it from your account.

How long does it takes for Sixer to verify my account?

Once the details are submitted, we work as fast as possible. However, it may take up to 1-3 business days for your details to be verified. You will receive an update as and when the verification is complete.

How long can I hold my futures assets in Sixer?

You can hold your futures asset until the conclusion of the 5th match of the player. Once the 5th match is completed, the asset will expire and will be auto-sold at the current price.

How long can we hold a player’s future asset?

You can hold the asset for a minimum of one match and a maximum of five games. You can wish to sell after holding for one match or can hold until the five-match window is completed.

How is the scoring system structured in the futures asset model on Sixer?

The scoring system assigns raw scores to players based on their performance in real-life games. The raw scores are then converted to a score of 0 to 10 using a standardized scale formula, known as Match Score.

How is the price calculated during an ongoing match?

The match price during a match is determined by adding the points earned in previous matches, the points earned in the ongoing match, and the expected price for upcoming matches. This value is then adjusted based on the supply and demand factor, providing a dynamic price.

How is the price of the stock determined for a Futures Asset?

At any given time, the price of the asset will be the combined value of the total score achieved in completed/live games and the score expectation in the remaining games for that particular stock. 

For example, if a player's asset is priced at ₹35 after two matches and he has scored 5 & 7 in the first two games, then his total score expectation in the next three games will be 23.

How is the match score calculated in Men's scoring system?

The match score is derived using the following formulas:

Match Score (Two Innings/Tests) = (Raw Score- 45) / 23 + 5

Match Score (One-Day) = (Raw Score- 45) / 24.5 + 5

Match Score (T20) = (Raw Score- 46) / 22.5 + 5

Match Score (T10) = (Raw Score- 35.4) / 22.25 + 5

The raw score is the total score attained by a player in a match as per the scoring system.

How is the match score calculated in Women’s scoring system?

The match score is derived using the following formulas:

Match Score (One-Day) = (Raw Score - 49) / 23.5 + 5

Match Score (T20) = (Raw Score - 45.5) / 23 + 5

The raw score is the total score attained by a player in a match as per the scoring system.

How is the game score calculated if the match gets reduced due to rain?

Rain Multipliers are used to account for the impact of rain in any limited-over game. A multiplier is used in the Batting & Bowling scores of the players. For more details on the multipliers, please refer to the Rain Multiplier section under the Scoring System.

Example: If a T20 match is reduced to 14 overs, then a multiplier of 1.5 will be used in the batting & bowling scores of all the players. If player A has attained the match score of 60 with the following scores:

Batting Score: 26

Bowling Score: 25

Playing XI: 5

Fielding: 4

After the multiplier is applied, the new scores will be as follows:

Batting Score: 26*1.5 = 39

Bowling Score: 25*1.5 = 37.5

Playing XI: 5

Fielding: 4

Total Match Score: 85.5

How is the asset price determined during the IPO?

The price of each asset represents the total score expectation for the next five games. For example: 

If a player's asset is priced at ₹25 during the IPO and you buy long positions. If the player scores 5, 10, 8, 7, and 10 in the next five games, then the asset will expire at ₹40, resulting in a profit of ₹15 per asset.

How is taxable amount calculated for the financial year (FY)?

The taxable amount is defined as the difference between your withdrawals and deposits in the FY. Here’s how the taxable amount is calculated:

Taxable amount (Net Winnings) = A - B - C - D

  • A - Total withdrawals (including current withdrawal amount)
  • B - Total deposit
  • C - Opening balance (Deposits + Winnings) at FY beginning
  • D - Amount on which TDS deduced till date.

Did you know?

1 April to 31 march is considered a financial year (FY).

you can check out some examples here.

How does the GST deduction work when I make a deposit on Sixer?

When you make a deposit on Sixer, a 28% GST deduction will be applied to the deposited amount. For example, if you deposit 1000 INR, 218.75 INR will be remitted to the government as GST, and your Unutilized Deposit Balance will display 781.25 INR.

However, Sixer will credit the equivalent amount deducted from your deposit as a Discount XP immediately.

How does a player’s stock price move?

The prices are impacted by the performance of the player across one to five matches. The price moves depending on how the player performs relative to the price expectation and the supply & demand dynamics in that particular player’s Futures Asset.

For instance, let's take Sam Curran and assume that you have bought his Up asset for ₹25 per stock. If he performs better than his price expectation, say, a total match score of 40 in the next five games, you can make a profit of ₹15 per stock because of Sam Curran's good performance and your prediction.

How does the 2x multiplier work?

The 2x multiplier amplifies the impact of a player's performance on your gains or losses. For instance, if you buy a player at INR 25 and their price goes up to INR 30, your profit is:

  •  With 1x multiplier: You have a 20% profit.
  •  With the 2x multiplier: Your profit doubles to 40%.

This means your total profit for the match is 40%.

How do I keep track of price changes and score updates?

You can keep track of live price changes and score updates on the Match Center. You can track your winnings in the "Summary" section in the "Portfolio" tab, which provides an overview of the money invested, realised and unrealised gain/loss and more.

How do I get my Sixer Account verified?

It's simple! All you need to do is select the "Account Verification" option in the "My Account" section and upload your details, including images of your PAN card and Bank Account documents. Kindly ensure that the following: PAN Card: Name, Date of Birth and PAN Account Number should be clear. Bank Account Document: Name, IFSC Code and Bank Account Number should be clear.

How do I close my portfolio?

If all your stocks are eligible to be sold (have been held for one game at least), you can close your portfolio by selecting the "Close Portfolio" option in the "Portfolio" screen.

How can I track the GST deductions and credits in my account?

You can view the GST deductions and credits in your account statement or transaction history on the Sixer platform. This will provide a clear record of how GST is applied to your deposits and any corresponding Discount Bonuses.

How can I determine the remaining number of matches in an asset?

In your Sixer Portfolio, right next to the player's name, you can find the number of matches left for the stocks to expire.

How can I deposit money into my Sixer Account?

You can deposit money on Sixer through various modes such as Card, UPIs, Wallets and Net Banking. To add money into your Sixer Wallet, you can do so by selecting the "Add Money" option in the "My Account" tab, which then directs you to the payment gateway.

Do I need to pay GST even while buying or selling stocks?

No, GST is not applied to stock buying or selling transactions. It is specifically applied only to deposits made on online gaming platforms.

How can I create my portfolio in Sixer?

To create your portfolio, you are required to buy futures assets of 3 players. Within these 3 players, there must be a combination of 2 Up positions and 1 Down position.

How can I check all the transactions and Govt. Tax (TDS) related details?

You can check out the detailed TDS breakup while making a withdrawal by clicking on “View Details”.

You can also check all your previous withdrawals in the wallet timeline section of the app. Go to Sixer wallet → Wallet timeline → Deposits and Withdrawals. Here you can see all your past deposits and withdrawals along with if any TDS was deducted on each withdrawal.

Does Sixer cover my GST on deposits?

No, Sixer does not cover the GST on deposits. The GST is deducted from the deposited amount, and the remaining balance is credited to your Unutilized Deposit Balance.

Sixer does, however, credit the equivalent amount deducted from your deposit as a Discount XP, which can be used for trading, but it does not cover or reimburse the GST amount itself.

Can we hold the Up and Down stocks in the same player at the same time?

No, you cannot hold UP and DOWN stocks in the same player at the same time. For example, If you already own an UP stock in a player, then you will not be allowed to buy a Down stock in the same player.

Can residents of Meghalaya, Assam, Andhra Pradesh, Telangana, Nagaland and Sikkim withdraw and verify in Sixer?

No, the residents of Meghalaya, Assam, Andhra Pradesh, Telangana, Nagaland and Sikkim are not permitted to play pay-to-play formats of any online games, which is the case of Sixer as well.

Can I withdraw my winnings?

Once you have sold your stocks and are ready to withdraw, you can withdraw the desired amount using the "Withdraw" option in the "My Account" tab.

Can I verify my KYC using UPI wallets and Digital Payments Banks?

No, you cannot verify your KYC using UPI wallets, digital payment banks and NRE accounts.

Can I trade during a live match?

No, in-match trading is not available on the platform. However, the live match price calculation allows users to see the dynamic value of player stocks during ongoing matches.

Can I track the market prices of a player’s fantasy stock in real time?

Yes, you can track the market prices of a player’s fantasy stock in real time on the platform.

Can I sell a player’s future asset who has not played a single game?

No, your player must have played at least one in-squad game to meet the criteria for selling.

Can I sell a player who has not played a single game?

No. For a player’s fantasy stock to be eligible for selling, he/she should be part of at least one squad game.

Can I hold assets for the same player across multiple 5-game cycles?

Yes, you can buy assets for the same player in consecutive 5-game cycles, giving you the opportunity to capitalize on their performance over time.

Can I directly transfer the Discount XP to my bank account?

No, the Discount XP amount cannot be withdrawn directly, however, you can use this amount to trade in the Sixer market.

Are my details secure with Sixer?

Yes, your details are perfectly secure with us. We do not store your credit/debit card details, including your CVV. We only work with trusted third party payment gateways with 3D secure authentication to ensure safety and security of all your financial transactions.

Am I allowed to play if I'm under the age of 18?

No, Sixer is strictly for users who are 18 years of age or above.

Are there any tax deductions on my winnings?

The new Govt. Tax (TDS) law, as defined in the Finance Act, 2023, has been in effect since 1 April 2023. According to the law, 30% of your taxable amount (net winnings) is deducted as TDS on withdrawal.

When will I get my TDS certificate?

Once you have verified your PAN on your Sixer account, you can request your TDS certificate. We aim to provide your TDS certificate to you via email by the deadline specified below.

Table with Show More
Winning Month Time Frame to Recive TDS
Apr'23 to Jun'23 after 31st Jan'24
Jul'23 to Sep'23 after 31st Jan'24
Oct'23 to Dec'23 after 23rd Feb'24
Jan'24 to Mar'24 after 31st Jul'24
Are there any tax deductions on my winnings?

The new Govt. Tax (TDS) law, as defined in the Finance Act, 2023, has been in effect since 1 April 2023. According to the law, 30% of your taxable amount (net winnings) is deducted as TDS on withdrawal.

How can I check all the transactions and Govt. Tax (TDS) related details?

You can check out the detailed TDS breakup while making a withdrawal by clicking on “View Details”.

You can also check all your previous withdrawals in the wallet timeline section of the app. Go to Sixer wallet → Wallet timeline → Deposits and Withdrawals. Here you can see all your past deposits and withdrawals along with if any TDS was deducted on each withdrawal.

Is there any threshold amount above which the Govt. Tax (TDS) will be deducted?

No, TDS will be deducted on the taxable amount on every withdrawal and in case of no withdrawals, TDS will be deducted from your closing balance at the end of every financial year.

What happens if I have net loss?

No Govt. Tax (TDS) will be applicable in case of net loss at the time of withdrawal or at the end of the financial year.

What if I end up paying extra Govt. Tax (TDS)?

Don’t worry; you can claim your Govt. Tax (TDS) refund when filing your Income Tax Returns (ITR) for that financial year. TDS certificate will be provided to you before the end of financial year upon request.

Will my account balance held till 31st march 2023 also get affected?

No. your account balance holdings before 1 April 2023 will not incur a Govt. Tax (TDS) deduction as per the new update.

How is taxable amount calculated for the financial year (FY)?

The taxable amount is defined as the difference between your withdrawals and deposits in the FY. Here’s how the taxable amount is calculated:

Taxable amount (Net Winnings) = A - B - C - D + E

  • A - Total withdrawals (including current withdrawal amount)
  • B - Total deposit
  • C - Opening balance (Deposits + Winnings + Unlocked Discount XP) at FY beginning
  • D - Amount on which TDS deduced till date.

Did you know?

1 April to 31 march is considered a financial year (FY).

you can check out some examples here.

What happens if I have not made any withdrawals during the financial year?

The taxable amount at the end of the financial year (31 March) will be subject to Govt. Tax (TDS) at 30%. TDS will be deducted from your closing balance as on 31 March, 2024

Note - A, B, D & E are calculated for the current FY (Financial Year) i.e. 1st April 2023 onwards.

Will my referral receive Discount XP too?

Yes, your referral will also receive a Discount XP of 10 after signing up.

What is the validity of Discount XP?

Discount XP is valid for 180 days from the time of credit in your Discount XP Balance.

My referral forgot to use my referral link. Is there a way to track it back to my account?

Yes, if your referral has not made any trades, they can use your code. To apply the referral code, go to the 'Invite Friends' section, which is available on the 'My Account' page, and enter the six-digit referral code.

Is there any limit on the number of referrals?

Currently, there is no limit to the number of referrals that can be made. The more successful referrals you invite, the more Discount XP you get.

I have unlocked many levels. How can I redeem my Discount XP?

To redeem Discount XP, go to the Discount XP section on the “Wallet” page and click on "Redeem All". The eligible amount will be transferred to your Winnings Balance. Note that you cannot redeem more Discount XP than the amount you currently have in your Discount XP Balance.

How much Discount XP do I receive on each referral?

You will receive 10 Discount XP in your Discount XP Balance when your referral signs up using your code.

How much Discount XP do I get when my referral makes their first deposit?

When your friend uses your referral code and makes their first deposit, both you and your friend receive 40 Discount XP each.

How can I refer my friends to Sixer?

Every user gets a unique six-letter referral code to refer customers and earn Discount XP. You can find your referral code by selecting the 'Invite Friends' option in the 'My Account' tab, where you can also share your referral code with your friends.

How can I quickly redeem my Discount XP?

To speed up the process of redeeming your Discount XP, you need to unlock certain levels by trading stocks in fantasy players. The more levels you unlock, the greater the amount of Discount XP you can redeem and transfer to your Winnings Balance.

Can I use Discount XP for trading?

Yes, you can use Discount XP to fully or partially cover the order amount (excluding fees) on all buy transactions. For example, if you have 3000 Discount XP in your Discount XP Balance and you are trading 100 stocks of a player priced at ₹30, the total amount required will be 3000, allowing you to use all 3000 Discount XP from your Discount XP Balance.

Can I directly transfer my Discount XP?

By giving away Discount XP, Sixer intends to offer our valued users an amazing investor experience. You can use this amount to trade fantasy stocks and subsequently unlock your Discount XP. They cannot be transferred directly. However, once you unlock Discount XP, it can be redeemed to your Winnings balance.

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Account Verification

Why is my PAN/Bank verification getting rejected?

There a few possible reasons as to why your documents are getting rejected. It could be because:

  1. The images of PAN and/or Bank Document are not clear
  2. The name, PAN number and/or date of birth in the PAN card and the details manually entered in the app do not match
  3. The name and account number in the Bank Account document and the details manually entered in the app do not match
  4. Name in PAN card and Bank Account document do not match
  5. Your bank document could have been invalid. You can upload any of the following documents - bank statement, cheque, passbook and a screenshot of your net banking profile page.
What are the acceptable Bank Account documents?

You can upload any of the following documents - Bank Statement, Chequebook, Passbook and a screenshot of your NetBanking profile page. Please ensure your document has your name, bank account number and IFSC code clearly visible and they should match with the details that you enter on the app during the verification process.

My KYC details are rejected, what should I do?

You might have received an email explaining the cause for rejecting your KYC documents. You can upload your details once again while adhering to the standard procedure of KYC Verification, i.e. uploading clear images of PAN card and Bank account documents with your name, date of birth, bank account number and PAN card number clearly visible.

Is the PAN and Bank verification mandatory?

Yes, PAN and Bank Verification is mandatory as withdrawals involve transferring your winning amount to your bank account and also to issue TDS certificates whenever necessary.

How many accounts can I create with one bank account/one PAN card?

As per KYC regulations, you can only create one account with a PAN card and Bank Account on Sixer.

Note: Once your PAN is successfully verified, you cannot unlink it from your account.

How long does it takes for Sixer to verify my account?

Once the details are submitted, we work as fast as possible. However, it may take up to 1-3 business days for your details to be verified. You will receive an update as and when the verification is complete.

How do I get my Sixer Account verified?

It's simple! All you need to do is select the "Account Verification" option in the "My Account" section and upload your details, including images of your PAN card and Bank Account documents. Kindly ensure that the following: PAN Card: Name, Date of Birth and PAN Account Number should be clear. Bank Account Document: Name, IFSC Code and Bank Account Number should be clear.

Can I verify my KYC using UPI wallets and Digital Payments Banks?

No, you cannot verify your KYC using UPI wallets, digital payment banks and NRE accounts.

Are my details secure with Sixer?

Yes, your details are perfectly secure with us. We do not store your credit/debit card details, including your CVV. We only work with trusted third party payment gateways with 3D secure authentication to ensure safety and security of all your financial transactions.

Referral And Discount XP

Will my referral receive Discount XP too?

Yes, your referral will also receive a Discount XP of 10 after signing up.

What is the validity of Discount XP?

Discount XP is valid for 180 days from the time of credit in your Discount XP Balance.

My referral forgot to use my referral link. Is there a way to track it back to my account?

Yes, if your referral has not made any trades, they can use your code. To apply the referral code, go to the 'Invite Friends' section, which is available on the 'My Account' page, and enter the six-digit referral code.

Is there any limit on the number of referrals?

Currently, there is no limit to the number of referrals that can be made. The more successful referrals you invite, the more Discount XP you get.

I have unlocked many levels. How can I redeem my Discount XP?

To redeem Discount XP, go to the Discount XP section on the “Wallet” page and click on "Redeem All". The eligible amount will be transferred to your Winnings Balance. Note that you cannot redeem more Discount XP than the amount you currently have in your Discount XP Balance.

How much Discount XP do I receive on each referral?

You will receive 10 Discount XP in your Discount XP Balance when your referral signs up using your code.

How much Discount XP do I get when my referral makes their first deposit?

When your friend uses your referral code and makes their first deposit, both you and your friend receive 40 Discount XP each.

How can I refer my friends to Sixer?

Every user gets a unique six-letter referral code to refer customers and earn Discount XP. You can find your referral code by selecting the 'Invite Friends' option in the 'My Account' tab, where you can also share your referral code with your friends.

How can I quickly redeem my Discount XP?

To speed up the process of redeeming your Discount XP, you need to unlock certain levels by trading stocks in fantasy players. The more levels you unlock, the greater the amount of Discount XP you can redeem and transfer to your Winnings Balance.

Can I use Discount XP for trading?

Yes, you can use Discount XP to fully or partially cover the order amount (excluding fees) on all buy transactions. For example, if you have 3000 Discount XP in your Discount XP Balance and you are trading 100 stocks of a player priced at ₹30, the total amount required will be 3000, allowing you to use all 3000 Discount XP from your Discount XP Balance.

Can I directly transfer my Discount XP?

By giving away Discount XP, Sixer intends to offer our valued users an amazing investor experience. You can use this amount to trade fantasy stocks and subsequently unlock your Discount XP. They cannot be transferred directly. However, once you unlock Discount XP, it can be redeemed to your Winnings balance.

Portfolio

Portfolio

Where can I see my Women's cricket fantasy stocks?

You can view all of your trades and fantasy stocks in women cricketers in your ‘Portfolio’. You can opt for a men’s or women’s only view of your portfolio by selecting the appropriate tab in the Portfolio section too.

What will happen if I incur a loss of more than 100% in a player's stock?

In such a case, your stocks will be automatically sold, and and the remaining loss will be taken from your wallet funds. In case your wallet balance is insufficient, it'll become negative.

What will happen if I’m at a loss of 80% or more in a player’s stock?

If your player stock is in a loss of 80% or more, it will be sold automatically, and the remaining amount will be added to your Wallet. We'll also send you an alert if it falls by 70% or further.

How many players' stocks do I need to buy while creating my portfolio?

While creating your portfolio, you have to buy at least three players' stocks, out of which two players should be in the Up position and one in the Down position.

How can I create my portfolio in Sixer?

To create your portfolio, you are required to buy futures assets of 3 players. Within these 3 players, there must be a combination of 2 Up positions and 1 Down position.

Can we hold the Up and Down stocks in the same player at the same time?

No, you cannot hold UP and DOWN stocks in the same player at the same time. For example, If you already own an UP stock in a player, then you will not be allowed to buy a Down stock in the same player.

General

Can residents of Tamil Nadu play Sixer?

No, the residents of Tamil Nadu cannot play Sixer.

Due to the new Tamil Nadu Online Gaming Authority (Real Money Games) Regulations, 2025 (ROC No. 133/Admin/TNOGA/2024), Sixer is required to temporarily disable trading real money gaming for users located in Tamil Nadu.

Why are only limited players available in the Sixer Market?

The Sixer Market consists of players, who will ideally interest customers for more than just a couple of games. Keeping in mind the popularity and schedule of all players, only limited players have been added. However, we do add players from time to time to make a series or tournament even more interesting for customers.

What is a game of skill under Indian Laws?

A game of skill is when a player invests his/her time in learning, practising and refining his skill to perform in a particular game. The Supreme Court noted that games of skill would be where

  1. “success depends principally upon the superior knowledge, training, attention, experience and adroitness of the player. It is also noted by the Supreme Court that a Game of Skill will have a predominance of Skill Factor.
  2. The principal legislation governing gambling in India is the Public Gambling Act, 1867 (“PGA”). The PGA criminalises the act of ‘gambling’ in a public forum and the keeping of a ‘common gaming house’. The PGA, however, creates an important exception in favour of games of skill, by stating that the provisions of the PGA shall [not] be held to apply to any ‘game of mere skill’ wherever played.
My account is blocked. What do I do?

If you log out and log in multiple times, your account will get blocked for 4 hours. To prevent this from happening, please don't repeatedly log out and log in to your account. Unfortunately, as this is controlled by Google, we can't unlock your account until the 4 hours are complete.

Is Sixer Legal?

Of course! Sixer is a game of skill, you are using your skill to choose and hold players over time. You have to hold a stock for at least one or three matches matches (as per the Flexi Portfolio requirement) that his team has played in.

Can residents of Meghalaya, Assam, Andhra Pradesh, Telangana, Nagaland and Sikkim withdraw and verify in Sixer?

No, the residents of Meghalaya, Assam, Andhra Pradesh, Telangana, Nagaland and Sikkim are not permitted to play pay-to-play formats of any online games, which is the case of Sixer as well.

Am I allowed to play if I'm under the age of 18?

No, Sixer is strictly for users who are 18 years of age or above.