Sports. Honestly. Since 2011

How are one day fantasy leagues making sports lovers very rich?

There is no surprise that in the last 5 years, fantasy sports has taken off as the premium way that sports fans can congregate to test their knowledge on any particular sport. The simplicity of drafting a make believe team of pro athlete all-stars and competing in leagues against friends or complete strangers just sounds so appealing. This fantasy buzz has been incredible for professional sports because it allows fans to quickly become league champions. Key sporting events like NFL Sundays are now more competitive and fun (or extremely frustrating in some cases) because sports fan are personally invested in the outcomes.

It was just a matter of time before a new form of fantasy sports emerged to compete with standard leagues and pools. One day fantasy leagues sites like FanDuel and Draft Kings are now monetizing the industry by offering a new way for fans to compete with real money. So is this new fantasy structure your ticket to an early retirement?

How it works:

Using pretty much any device (computer, tablet, smartphone), users can log in and sign up for daily pools and tournaments for as low as $1. The platform allows you to pick your daily fantasy squad based on the schedule for a particular sport. Your fantasy points are updated in real time so you can see how your team ranks against hundreds of other sports fanatics. Once all is said and done, your goal is to collect the most points through player production and if you snatch first place, you get the highest payout.

Think tournament style poker meets fantasy sports.

So here’s the question – this football season do you choose to enter 5 different pools with 5 different groups of friends or opt to win $100,000 by placing first in the featured Sunday tournament on FanDuel? If you are anything like me, fantasy pools, although fun and competitive, are often long and time consuming. If your squad underperforms then it makes for a long tedious process of setting lineups and complaining about why Colin Kaepernick peaked in his rookie year. If your squad is great, you still have to wait the entire season to receive a small payout for eventually coming in second place.

The instant reward that comes with this new style of sports betting gives you real time gratification in the form of dollar bills. You will know if you win or lose by the end of the day and you can always start the new day fresh with a new set of players.

Although this is a gamble (literally), there are tons of opportunities to make some extra coin while placing very small bets or a chance to place high wages and compete seriously for fantasy payout glory. I personally think that this style of sports betting will take off and emerge as the best way to place your bet on sports. The app interface is slick and well thought out. The sites are trustworthy and offer 100% guarantee on fun.

If you haven’t tried it out, visit www.fanduel.com, pick your league and your tournament and get started! We’ve seen once taboo industries glorified on the heels of new technology. Professional poker players are now praised for gambling for a living, will fantasy sports professionals emerge as the next group to be celebrated?

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