What is Daily Fantasy Sports?

| August 19, 2013 | 18 Comments

Daily Fantasy SportsDaily fantasy sports leagues and sites are a pretty new niche covering the fantasy sports arena of leagues.  Similar to previous fantasy sports leagues, you draft a team of athletes from a specific sport such as the NFL, NBA, MLB, etc.

Where traditional fantasy sports leagues last an entire season of the sport they cover, daily fantasy sports leagues cover anywhere from a day to a week, depending on the sport.

Daily fantasy leagues are not in competition with season long fantasy leagues, but are seen as a compliment to them.  Most players of daily fantasy leagues also participate in the traditional season long leagues also.

The goal in winning is also similar to season long fantasy leagues in that you receive points based on a predetermined amount that depend on how well the players you selected for your team perform in their real game or games.

If the group of players you selected for your team outperform the other players in your daily fantasy league then you win.  It is that simple.

Just like season long fantasy leagues, there are games setup to have auction drafts, snake drafts, and others, depending on the daily fantasy sports site you choose to play at.  You decide your game type preference and then find a particular daily fantasy website that offers the type you prefer.

You can play for free or pay money for games depending on your preference.  Most sites even offer games that you can play for free and win money, these are called Free Rolls.  Daily fantasy sports leagues legality is the exact same as the season long fantasy leagues.  Under the UIGEA law of 2006, the Federal law states that fantasy sports is considered a game of skill and therefore not considered gambling.

In other words, it is completely legal to join money leagues which provide for winning of money in your fantasy sports leagues, either daily or the season long variety.  But the prizes must be predetermined and not based on the number of participants or the amount of fees generated by the league hosting sites, according to the law.  Also, there are a few states which do not allow playing for money but only a few.

You can also check out a great article covering the topic for more information: What are Daily Fantasy Sports Leagues?

Category: Tips & Info

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