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How Does Fantasy Sports Betting Work?

How does fantasy sports betting work?
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Fantasy sports betting is a completely different type of game from regular sports betting. Rather than betting on the outcome of a game, you create a team of the players who you think will have the best performance over their next matches. To win money, you enter competitions with your friends or other people, and those who make the most points will take the prize.

There are lots of different fantasy sports platforms and different sports and leagues you can play. However, they all follow the same system of creating a team of players who then earn points based on their performances. Although sports betting is very popular, fantasy sports betting has grown in popularity over the past few years, helped by the fact that it’s widely legal while sports betting isn’t.

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How to Start Playing Fantasy Sports

If you want to start playing fantasy sports, you don’t need to be an expert or even a big fan of sports. The more knowledge you have about the game, the better, but you can still win money without it. The first thing you’ll want to do is choose a fantasy sports platform. There are lots of different fantasy sports services, but FanDuel and DraftKings are two of the most popular. You can use a FanDuel promo code when you first sign up for a bonus.

Once you’ve picked which platform you want to play on, it’s as simple as creating an account, picking a sport, then choosing a league. The league you choose to join will determine your playing experience. There are beginner leagues, friend leagues, and expert leagues which all have different difficulties. You can also choose to play for free or enter a league that gives you the chance of winning prize money.

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Once you’ve joined a league, you can create your team. The rules on this will vary depending on the platform you use and the sport you choose. In most cases, you’ll have a certain number of points that you can spend on players. You’ll need to fill certain positions within the team and field a complete team.

Aside from joining a league, you can also play head-to-head fantasy sports. This is where you wager a certain amount of money each round, and whoever’s team has the highest score will win the total stake. However you choose to play fantasy sports, always play responsibly.

Are Fantasy Sports Legal?

According to federal law, daily fantasy sports for money are permitted in the United States and Canada. Fantasy sports are not considered gambling because they are skill-based games rather than based on chance. This means that they’re not federally banned, and the law that makes fantasy sports legal was initially established in 1999. However, some US states have chosen to ban fantasy sports despite this.

Washington, Idaho, Montana, Nevada, Arizona, Louisiana, and Hawaii are the only states that do not allow daily fantasy sports at the time of publication. This could change in the near future, however. Some of these states are considering or have already proposed legislation to legalize daily fantasy sports. As sports betting in the US has now been legalized in many places, including some of those states with laws against fantasy sports, it makes sense to repeal them.

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Main Image Credit: Embed from Getty Images

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Check us out on our socials:   
Twitter: @PTSTNews and @TalkPrimeTime
Facebook Page: Prime Time Sports Talk
Join our Facebook Group: Prime Time Sports Talk 
Instagram: @primetimesportstalk

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