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Ace2Three- Can You Earn Lakhs with Entertainment?

Updated on November 22, 2024 , 3147 views

With a vast majority of people at home amid the pandemic, one of the most used devices is the mobile phone. The Indian online gaming Industry is just in place to deliver quality services to help people steer through this pandemic with entertainment at their fingertips. Millions of virtual games are available online. The competition to capture users’ attention is higher in this scenario.

Ace2Three

One of the most popular games today is the Ace2Three online card game. It has a strong user base and stands at #2 among the top 10 most popular games in India.

What is Ace2Three?

Ace2Three is an online multiplayer gaming portal that offers a rummy card game. It provides two-player and six-player options for tournaments, pol games and more.

Ace2Three was launched in 2007 and started garnering much attention by 2008. The game is owned by Head Infotech, a company based in Hyderabad. The game has a strong user base of 10-million and is headed by a young CEO, Deepak Gullapalli.

The app provides secure payment modes and all transactions are encrypted with 2048-bit SSL. The information is not shared with third parties. The game is monitored around the clock and anti-collusion measures are taken before and during each game. Anti-fraud algorithms are available to track every move. Suspected players are blocked from playing at the virtual table.

The app is secure and approved by the Supreme Court of India. You can download the app for free on the Google PlayStore.

How to Earn Money on Ace2Three?

You can take part in the online card game to earn in lakhs. . There is no maximum limit on earning cash with Ace2Three. However, to start off, you can play with just Rs. 50 in your account. When you play the game for the second time, your minimum cash additions have to be a multiple of 100. If you win cash above Rs. 10,000 it will be subject to TDS.

You can add cash directly to your account on Ace2Three through credit card, Debit Card, internet banking, Paytm, PayUmoney, Mobikwik, Citrus, OLA money and Bank transfer. You will have to undergo the KYC registration process before starting off with adding cash.

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Ace2Three Revenue

In 2016, the company made a profit of Rs. 61.7 crore after tax and the following year, it made a profit of Rs. 99 crores on revenue of Rs. 271 crores.

Furthermore, in 2018, Ace2Three had a profit of Rs. 65 crores on revenues of Rs. 238 crores. According to the CEO of Head Infotech, the profits took a dip in the following year because of the Telangana Ordnance on the game. However, the Supreme Court declared the game to be legal and not gambling. It bagged Rs. 474 crores from Canadian firm Clairvest in 2017.

What is Real-money Games?

Real-money games are those ones that charge fees from the players. Players have to pay a minimal fee to keep playing and also have chances to win cashback and much more. More users joining in would be a profit since they will be able to earn more. They invest in giving cashback, advertising, brand building and referrals.

A recent report also said that the real-money gaming Market is expected to grow around50% to 55% by 2022.

Online Card Gaming Facts

1. Age Group

A recent report said that an average Indian online gamer is between the age group of 20 years to 20 to 44 years.

2. Gender

Men are predominantly involved in playing online card games.

3. Territory

The majority of the gamers are from south India.

4. Marital Status

The study also said that 51% of online gamers are married with children while 32% are single.

5. Users

The online gaming card industry has recorded a rapid increased in the number of users between 2014-2018. Within just 4 years the increase has been astonishing.

The figures are mentioned below:

Year Users (In Millions)
2014 6 million
2015 8.09 million
2016 11.54 million
2017 16.37 million
2018 20.69 million

Online Card Gaming Companies Revenue

With the increase in players joining every day, the online card gaming industry has recorded a considerable rise in total revenue.

The table mentioned below gives the details:

Year Revenue (In Crores)
FY 2015 258.28
FY 2016 406.26
FY 2017 729.36
FY 2018 1,225.63

Conclusion

Ace2Three is a great way of earning money while at the comfort of your own homes. It is secure and also gives the freedom of space and time along with a chance of earning in lakhs.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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