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Are you new to Daily Fantasy Sports?
You probably have a few questions about daily fantasy sports. What are daily fantasy sports? Is DFS legal in the United States? Do people actually make money playing daily fantasy sports? Let’s take a look.
Daily fantasy sports are like traditional fantasy sports, players draft a team of real world athletes who score fantasy points based on set scoring rules. Unlike traditional fantasy sports, you’re not stuck with you team for an entire season. Daily fantasy sports last just one day or week in the case of the NFL contests. Daily fantasy is a much quicker game and is much more data and numbers driven. Many of the top daily fantasy sports players have background in the stock market, finance, mathematics and poker.
Daily fantasy sports are 100% legal in the United States of America. The United States government has recognized daily fantasy sports as a game of skill and therefor not a form of gambling. At a Federal level daily fantasy sports are defined and exempted by the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA). The bill specifically exempts fantasy sports games, that “have an outcome that reflects the relative knowledge of the participants, or their skill at physical reaction or physical manipulation (but not chance), and, in the case of a fantasy or simulation sports game, has an outcome that is determined predominantly by accumulated statistical results of sporting events, including any non-participant’s individual performances in such sporting events. for all the latest news and updates.
Of course people actually make money playing fantasy sports. Join RotoMinds today to starting making money playing daily fantasy sports! Make sure you follow us on Twitter at @RotoMinds for all the latest news and updates.