A method and system for managing allocation of tasks to a plurality of crowdsourcing arms is disclosed. The method includes distributing a set of tasks to the plurality of crowdsourcing arms based on a predefined condition. In response to the distributing, a verification data corresponding to the plurality of crowdsourcing arms is received after a predefined interval. The predefined condition is then updated based on the verification data received. Further, the set of tasks among the plurality of crowdsourcing arms are redistributed based on the updated predefined condition.