How Do Daily Fantasy Sports Work At Online Casinos?

How daily fantasy sports work at online casinos?
How Do Daily Fantasy Sports Work At Online Casinos?

Like pokies, fantasy sports is also a popular game to play at online casinos. It’s not difficult to learn how to play daily fantasy sports even if you’ve never played fantasy sports at all, as the fundamental principle is very straightforward.

You create a “fantasy team” by picking from a pool of real players, subject to various rules about how much you can spend and which positions you must select. Your fantasy team then earns points based on how the actual players perform in real games.

Regular fantasy sports leagues typically last an entire season and are played by groups of friends or colleagues. Daily fantasy sports contests, however, take place over a single round of games and are played online at specialist sites.

Anyone can join these sites, known as daily fantasy sports sites, and pay money to enter any contests they wish to participate in. All the entry fees paid by players participating in a contest go towards a prize pool, which is then paid out to the winner(s) of that contest.

What are the available sports to play at online casinos?

What are the available sports to play at online casinos?
What are the available sports to play at online casinos?

Baseball, basketball, football, and hockey are the most widely available in this format. You’ll find these games at most daily fantasy sports sites, but they’re not the only ones available. Some sites offer different sports, too, and have contests for people who love golf, mixed martial arts, NASCAR, and soccer.

Most sites offer professional and college football and basketball, which presents an opportunity. Sports fans are generally more knowledgeable about what’s going on in the NFL and the NBA than they are at college football and basketball games. If you know your college sports, you can get an edge over the players who don’t.

Types of Contests for Daily Fantasy Sports

Types of Contests for Daily Fantasy Sports
Types of Contests for Daily Fantasy Sports

Several different contests are available on daily fantasy sports sites, although most can be broadly categorized into two specific types: Cash Games and Tournaments.

You’ll find all kinds of subcategories and niches within these two broad contests; although you don’t need to worry about that for now. You need to understand how cash games and tournaments work.

1. Cash Games

The most common form of cash games is 50/the 50s and head-to-head. In both of these contests, you have a 50% chance of winning money, although this doesn’t consider your skill levels and the skill levels of your opponents.

In a 50/50 contest, all the entrants with scores in the top 50% receive an equal payout. If ten players enter a 50/50, for example, the prize pool is split between the five players with the highest scores.

A head-to-head, typically referred to as an H2H, is a 50/50 contest with only two entrants. The player with the highest score wins the prize pool.

2. Tournaments

Tournaments are contests that generally feature more entrants, with only the top few players getting prizes. For example, a tournament with 100 entrants might award prizes to the top fifteen players. The first-place finisher would get the largest share of the prize pool; the second-place finisher would get a lower share, the third-placed finisher an even lower share, and so on.

The tournament strategy is very different from that required for cash games. To win first, second, or third place in a large field of competitors requires a different drafting strategy than just trying to land in the top 50% of the field.

How do you get started with Daily Fantasy Sports?

How to get started with Daily Fantasy Sports?
How do you get started with Daily Fantasy Sports?

First, Join a Daily Fantasy Sports Site that accepts Australian players.

Once you’ve chosen a site, you need to open an account with them like a casino. This involves simply providing your name, address, telephone number and e-mail address. You’ll have to choose a username and password as well. With an open account, you’ll be ready to make a deposit and start playing.

1. Make a Deposit

Next, make a deposit. This can be a challenge in some parts of the world, especially the United States. However, there are no such problems at daily fantasy sports sites. Most of them accept PayPal and major credit cards like Visa and MasterCard, and it’s a simple matter of entering the relevant payment details and choosing how much to deposit.

When making an initial deposit at a site, look out for any signup bonus that might be available. Most sites incentivize new sign-ups by offering a matching bonus of some kind. For example, depositing $600 might earn a $600 bonus.

This bonus money doesn’t get credited to your account immediately, though; it’s released over time by participating in contests. The rate at which a bonus is released varies by site.

2. Enter Contest

Now, enter a contest. Contest entry fees can be as low as a dollar and as high as $10,000. Of course, the prize pools for these contests are made up of entry fees, so the higher the buy-in, the more prize money. If you’re just starting, stick with the lower buy-in contests until you get a feel for everything.

3. Draft Team

Now Draft Your Team/Roster: Once you’ve signed up for a contest, you’ll be taken to a page listing all available players. You now have to draft your team/roster from these players.

At all the major sites, the interface for selecting players is quick and intuitive. There’s usually an option to sort players by position or cost, and position and cost are both important factors to consider.

There will be requirements for certain positions that have to be filled when drafting a team. For example, in a fantasy football contest, you’ll need a quarterback, two running backs and probably three wide receivers.

You’ll also need to include a tight end and a kicker, and you’ll have to draft defence. Sometimes, there might be a flex or utility position where you can pick up an extra running back, wide receiver, or tight end. The exact position requirements vary depending on the site being used and the relevant sport, but there will always be specific rules to adhere to.

4. Know about Money Cap

There will also be a money cap, so you’ll only be able to spend a certain amount on drafting players. Again, the cap size will depend on the site and the sport. You must get the best value for your “dollar” when drafting players.

5. Check Results

Finally, check the results. Once the draft is complete, it waits until all the relevant games have been played. You can then log in to your account to check the results of the contest you entered and see how you did. Any prize money won will automatically be added to your account.

If you’re considering starting daily fantasy sports, you’re probably already familiar with traditional fantasy sports leagues. These have been around long and have always been very popular.

If you haven’t played in fantasy sports leagues before, it’s not a requirement for daily fantasy sports. If you have, you shouldn’t assume that daily fantasy sports will be easy, even if you’re a great player in season-long leagues.

Such an assumption might lead to frustration if it turns out that your experience doesn’t translate into instant success when playing daily fantasy sports.

6. The Prizes to Win

The prize you can win at Daily Fantasy sport

A lot of season-long fantasy football leagues are played just for bragging rights. You won’t find many – if any – daily contests played for bragging rights. They are all played for real money, so these are the contests for you if you want to profit from your sports knowledge.

Daily fantasy sports have an advantage even over season-long leagues that are played for money; they offer quick payouts. So you can wait an entire season for a shot at the prize pool when the chances of winning may not be that great, or would you rather wait 24 to 72 hours for a 50/50 shot at the prize pool?

Many daily fantasy Contests

Plenty of daily fantasy contests fit the bill if you choose the latter. If you prefer going after larger prize pools and are happy with a smaller chance of winning, those kinds of tournaments are also available. You can still get the big prize in a day or two instead of waiting for two or three months.

A season-long fantasy sports league can be a huge time commitment, especially for a sport like baseball, where you must set a daily roster. Even a fantasy football season requires some management, such as dealing with injuries, trade offers, and free agents. Plenty of folks give up on their fantasy leagues purely because of the time they have to spend on them.

With daily contests, you only need enough time to draft a team and to log in later to view the results. That’s a huge selling point. If you don’t have much time available in any particular week, you can still probably fit in a contest or two. If you’re completely swamped and have no free time, you can not play. It’s not like a season-long league where taking a week or two off could harm your chances.

There is always a chance to lose money.

Finally, remember that Daily fantasy sports might not traditionally be considered a form of gambling, but it still involves risk. No matter how good you are at drafting a team or how good your sports knowledge is, there is always a chance that you’ll lose some money.

This doesn’t have to be a problem, as long as you always remain in control and don’t spend money that you can’t afford to lose. If you’re playing for fun, make sure that it stays fun. (With inputs from news sources)

About the author

Kamal Kaur