Daily Fantasy Sports has witnessed a huge level of popularity in the United States over the last couple of few years. It is a high-speed alternative to the traditional season-long fantasy sport. It is all about players creating a team by selecting players from sides and using their game stats in the real world to compete against one another. The concept rose to prominence across the country after a federal ban was placed on sport betting with the Professional and Amateur Sports Protection Act (PASPA). DFS was not affected by the PASPA legislation as the game was considered a game of skill by the federal authorities, rather than chance.
The rapid increase in the popularity of DFS led to a lot of concerns being raised over the legality of the online gaming. There was widespread skepticism on the distinction between DFS and sport betting. The online gaming however remained largely unregulated till the fall of PASPA in 2018. DFS is currently active in 44 states of the federation, but only 19 of them have statutes that formally legalize it. However, there are restrictions to the online gaming in the NCAA. The collegiate sports body has been critical of daily fantasy sports for a long time, and has refused to allow college athletes being listed as options on the contest provider's websites.
A good number of DFS platforms operate within the United States. The American DFS market has been dominated by DraftKings and FanDuel over a couple of years. The two DFS contest providers attempted to merge in 2016, but the move was blocked by the Federal Trade Commission. The independent agency saw it as an anti-competitive attempt that would create a huge monopoly in the industry. A couple of DFS sites have grown to challenge the dominance of the two over the years by offering a unique form of fantasy gaming. We take a quick look at the market daily fantasy sports industry:
DraftKings: Since its launch in 2012, DraftKings has established itself as a leader in the American Daily Fantasy Sports market. With its lucrative bonuses, free entries, and guaranteed prize pools, DraftKing is a brilliant enticer of users to its DFS platform. Contest available on the daily fantasy sport platform includes traditional tournaments, multipliers, 50/50s, head-to-heads, and a host of others. Participating in the company's daily and weekly contests, users are able to win prize money based on the performances of American major league players. Known for the excitement offered on its platform, DraftKings has become a fan favorite in the DFS space. Android and iOS mobile devices can be used to access the platform. DraftKings DFS is available to players across 44 American states
FanDuel: FanDuel is one of the most popular online gaming platforms in the United States. Since its launch in 2009, FanDuel has grown to become one of the country's largest fantasy sports platforms, maintaining its position as a top choice. FanDuel offers a wide range of tournament types to players in the country's major sports leagues. Among the contests offered by FanDuel DFS are single-game contests, quick pick contests, and score games. A sleek interface, with an intuitive design which ensures a supreme gaming experience for users across the globe, is the hallmark of the New York-based DFS provider. FanDuel fantasy sport platform is available to users on mobile devices, both on Android and iOS. The DFS platform is accessible to players across 44 states of the federation.
PrizePicks: Daily Fantasy Sports can be quite confusing for new players, but PrizePicks offers an excellent solution to this. Launching operations in 2018, PrizePicks offers fantasy gaming that is simpler than any other on the market. Basically, players on PrizePicks predict whether a certain player will go over or under their fantasy point line. Factors that can take advantage of inexperienced players in DFS such as the sharks and the optimizer and put them against their projection are effectively eliminated on PrizePicks. There is the absence of the custom peer-to-peer format of fantasy sports on PrizePicks, with the platform presenting a brand new form of fantasy gaming. There are arguably more player props on PrizePicks than most legal sportsbooks operating in the country. PrizePicks is available on both Android and iOS devices. The gaming platform maintains operations in 30 American states.
Daily Fantasy Sports FAQs
Is DFS Legal in the United States?
Daily Fantasy Sports is a legal online gaming in the United States. The fantasy gaming is regulated in several states of the country, although it operates in some other states without any legislation. However, DFS is strictly illegal in three American states which are Arizona, Montana and Washington.
What Sports are Available in DFS?
In the American DFS industry, a good number of sports are available to play on. Most DFS contest providers in the United States feature the NFL, NBA, MLB and NHL on their gaming platform. There are also the option of PGA, NASCAR, MLS and a host of others on a couple of DFS platforms
Which Sports is the Most Popular in DFS?
Football is without any doubt the most popular sport among DFS fans. The NFL has the widest player participation in the DFS space. It is reported that over 40 million Americans wager annually on NFL daily fantasy sports.
What's the difference between DFS and Sports Betting?
This is certainly an open-ended question. DFS and Sports Betting obviously have a couple of similarities. What differs the two is that sports betting is centered around the results of games while DFS concentrates on individual player performance and statistics. The debate over the similarities of the two filled the air across the country at some certain time. DFS however is described as a game of skill, which differs from sporting betting that is more of a game of chance.
What are the Best DFS Platforms in the United States?
The DFS space has been dominated by FanDuel and DraftKings for a couple of years. However, new platforms like PrizePicks, ThriveFantasy, ParlayPlay and many others are beginning to challenge their dominance by disrupting the industry with new gaming formats.
Can Money be Made from DFS?
Players can win money by participating in DFS contests. Top DFS sites like FanDuel and DraftKings payout large sums to users across the country on a daily basis.
How Many People are Involved in DFS?
Tens of millions of Americans play DFS daily. The online fantasy game has grown popular in the United States over the years and quite a lot of people are involved in it. DFS today has more participants in the country than sports betting.
Which DFS Site has the Widest Coverage?
FanDuel and DraftKings have the widest coverage in the American DFS space. The two DFS contest providers are available to players in 44 states across the country.
