It is very easy to come across Daily Fantasy sports platforms especially if you are an individual found of watching sports television in the last five years. Fantasy sports ads are very popular on sports channels. For instance, websites such as Fan duel and Draft Kings have become so popular due to the huge amounts of adverts. These ads attract more people in joining DFS sites thus the massive success in this industry.
The main thing that attracts people into Daily Fantasy Sports is the daily cash prizes given to winners. However, the pay is not that great and is dependable on various factors. You should not think of this as a way to replace your full-time job. The money from fantasy apps is just to make the game real and more enjoyable.
These are fantasy sports that allow you to come up with your virtual team using professional players and you will get rewarded depending on how the players in your fantasy line up performs in the real world. As the name suggests, when you win fantasy contest you receive your cash prizes with a short period mostly within a day.
Why Daily Fantasy Sports is becoming so popular
You might have no idea when it comes to playing real basketball; trying a few shots at night playing fantasy basketball, you can win big. You can find several people making money-playing DFS by chances and luck. Most of them cannot perform in the real gaming world. However, knowing the real-world players' performance will be of advantage to you.
Most people joining the platform have turned DFS into a multi-billion industry. Fan Duel and Draft Kings are the main popular daily fantasy platforms available in the US. The collective revenue of the two industries in 2018 was about $25 million. Every year millions of people invest billions of money as an entry fee to the contests.
That is huge in a company that has been having shaky ground when it comes to legal standings. Up to 2018, traditional betting was illegal thus fantasy sports faced a hard time due to the hot debate whether they are under this category. Today most states in the US have legalized fantasy games resulting in more people joining the industry and increase in awards.
How to play DFS?
With mobile apps and online platforms, you can easily sign up and become a member of daily fantasy sports, create your fantasy team lineup using your skills and luck and collect cash in case you win.
Go through the terms and conditions before getting started. Different websites have different rules. How you get winnings will vary depending on the platform you use. However, these general steps cut across all fantasy sports.
Create an account
You have to be a member to play fantasy games. Search about websites that hold these contests. You will find several platforms offering fantasy sports services. For a better experience, use larger fantasy sports websites. These sites will provide you with information and guidelines helping beginners to learn about the fantasy leagues.
After creating your account, deposit funds to get started. You will use money in your account to enter fantasy contests as an entrance fee and play several fantasy games available on the gaming site.
You will find all the major games and sports available on the site. Though you should consider joining bigger sites, some sports are not popular and are available on smaller fantasy websites. For instance, fantasy bowling is available on smaller fantasy sports sites.
Decide on your game style, contest, and sport
After creating your fantasy sports account, you will have to decide on which sport you will join the contests with. Most websites support hockey, football, baseball, soccer, and basketball. Other users will be interested in sports such as MMA or NASCAR.
There are various game styles available. For instance, double-up games guarantee users a 100% return on their entry fee as long as they rank the top 50% of the available players. Most seasoned fantasy players prefer head-to-head contests that are played against one opponent.
Finally, based on how your selected team performs, you will earn Guaranteed Pools Prize.
You must join the contest to participate. You will find multiple contests on the lobby or main screen of the site. Every contest has a different style, size, sport and duration it will take for the contest to end.
Build Your Fantasy Team
The next step is creating your fantasy team. You will find a list of various players, their stats and though often, how they are performing in the real world. Make sure you come up with the best fantasy team without forgetting that you are under the control of your salary cap. This is where skills apply when playing dialing fantasy sports. This is a crucial point so it is up to you to make your best options and choices.
You can play any game you wish. Salary game cap is the most popular fantasy game played. With this, you will be given a certain amount of money. Your budget for acquiring players will be under this salary cap. Players have different values depending on their level of performance.
With skills, tricks, and luck, you can make extra cash playing DFS.
Is Playing Daily Fantasy Sports Legal?
In the US, the online poker game was very popular but later canceled since it violated gambling rules and regulations. However, the government considered DFS as games that involve skills thus accepted by most US states. Daily fantasy games operate similarly to long season games by Yahoo, ESPN, and several others. The difference is that DFS takes a shorter period. Daily Fantasy Sports are legal.
There are high risks involved in playing gambling games. You should never think of solving your financial problems by playing fantasy games. Keep in mind that the house will always win.
With DFS, you can make extra money when you win a contest. Use the moneymaking part as a way of adding flavor to your hobby of playing online fantasy sports. While gambling on any platform, observe the rules and play it safe responsibly.