Rise of a new empire in online betting, the daily fantasy sport

The make-believe daily fantasy sport is the new gold mine bettors and online players as even real-life kings of professional sports in the teams, leagues and media empires are betting on the daily fantasy sport. Individuals are betting and putting large stakes on fantasy sports. This thus puts the season in a hyper drive with grand prizes with the country’s bans on the different online sport betting.

 

DraftKings, the site for the daily fantasy said that in this week it had received investments from Madison Square garden, Fox Sport the national leagues of hockey, soccer and baseball that amounted to a total of $300 million. Earlier this month its chief rival, FanDuel had received $275 million from NBC sports, Time Warner’s Turner Sports, Google and other investors. This shows how the fantasy sport is getting the attention of many online bettors and bookies.

 

Fantasy sport started as an online nerd distraction and now is seemingly the new and large outpouring event and has made way to being a prize dazzling industry as well as a gamblers niche to make some good money. But to some players, the business has an advantage as since the online game does not make so much money, it however makes players get hooked on the game of which when utilized could turn to being a rewarding franchise. With this they get to mold the next generation of fans and get sport junkies get hook on the game.

 

Eric Shank, the sport president said that more people get to played the fantasy games the more they bought their products and with this they get to make some money. Fantasy football has been played in America for quite a while now and over the years gotten many fans across the country. It has been part of America’s mainstream events in workplaces with fantasy rosters now even available in then ESPN. In 2005, fantasy football was played with 12 million people in North America and this has seen an upward trajectory with up to 56 million people being expected to play the game this year.

 

The previous version of the fantasy league is a bit different from the daily one as it required commitment all through the season. The daily fantasy is much easy and players can set up a fantasy tam in the morning through their computers or phones and get the result by the end of the day before the next match. The daily fantasy is much like a slot machine while the season long fantasy is being compared to a long time investment.

This article is published in: Football Betting, Sports Betting
Tags: , , , , , ,