The rising popularity of fantasy sports shows no signs of slowing. It’s estimated that the rotisserie sports market is worth several billion dollars and growing fast. Fantasy sports are uniquely addictive because you feel that you have a stake in the actual performance of the players on your imaginary teams. And it’s not just luck – a certain amount of skill is also required to achieve a winning season. On popular fantasy betting sites like FanDuel and DraftKings, users think strategically as they create virtual teams consisting of players from the real world.
What is Fantasy Sports?
Fantasy sporting allows participants to assemble their own imaginary teams that consist of real-life players from the sports world. Based on actual performance of those professional players, the imaginary teams receive points. The winner is the participant who has won the most points.
Are Fantasy Sports Gambling?
There are strong arguments suggesting that fantasy sports aren’t gambling. Since the outcome depends on statistics about the actual performance of real-world players, fantasy gaming participants must apply their knowledge and skills to playing strategically. This is different from real football betting, for example, where the prediction of the outcome depends largely on gambler’s luck.
Which Fantasy Sport is the Most Popular?
Fantasy sports are most widely played in the US and Canada, so it’s no surprise that the most popular fantasy sports are baseball, football, basketball, and hockey.
How Many People Participate in Fantasy Sports?
According to a Fantasy Sports Trade Association survey, nearly 60 million people participated in fantasy sports in the US and Canada during 2017. A large and growing percentage of fans prefer mobile apps over desktop websites for fantasy sports betting.
This type of virtual competition has created a significant impact on real sports. Leagues and networks have reported increased viewership after fans were given the opportunity to get more involved in their favorite sport.