Gambling On Fantasy Football
How do I pick my players?
It’s easy! Every player has a specific salary that’s based on their expected performance. Players projected to have more points have higher salaries. Your job is to fill all 9 positions on our fantasy football roster — QB, RB, RB, WR, WR, WR, TE, D, K — while staying under the total salary cap for your team. And you can’t pick more than 4 players from the same NFL team, so choose wisely. To learn more about picking your players, visit our Fantasy Football Training Camp.
How does scoring work?
Online Fantasy Football Betting
Fantasy football betting is probably the most popular form of fantasy sports gambling in the United States. This really isn’t a surprise as the National Football League (NFL) is the most watched sports league in the country. Fantasy leagues are available in all the most popular major sports. Your players earn points based on performing certain actions like a touchdown in football or a home run in baseball, for example. You compete against other fantasy sports gamblers in contests that last a.
Scoring is a lot like the traditional fantasy football you’re used to. We use a half PPR format, meaning you get 0.5 points for every reception. To learn all the basics of playing fantasy football on FanDuel, visit our Fantasy Football Training Camp.
And for a full breakdown of every fantasy sport’s scoring, see our Rules Page.Can I play FanDuel in my state?
You can play paid contests in every state except AZ, ID, HI, LA, MT, NV, and WA. In those states with restrictions, you can still play in any free-to-enter fantasy football contest. To help bring fantasy football regulation to your state, visit FantasyForAll.com.
Still have questions? Check out our customer support center
Some 56 million fantasy sports players are plunking down money hoping to win big prizes based on the outcome of real world games.
Sure sounds like sports gambling, which happens to be illegal in every state except for Nevada.
But fantasy sports is perfectly legal.
The reason: a series of court decisions and a 63-word provision of federal law that classify fantasy sports as a game of skill.
For the most part, games of skill are allowed under federal law. Illegal gambling is considered to be a game of chance.
Fantasy sports works like this: Fans choose from real players in a draft or an online selection process to assemble a fantasy team. The players' real-game statistics are compiled and compared to see whose fantasy team has done the best.
The Unlawful Internet Gambling Enforcement Act of 2006 specifically mentions fantasy sports as something allowed under the law, as long as people are not betting on the outcome of a single game or the performance of a single player.
Because fantasy sports 'owners' must make decisions to pick multiple players for their teams, they are participating in a game of skill.
That legal status is unlikely to change.
Gambling Commission Fantasy Football
Fantasy sports has grown into an estimated $1.5 billion industry. Many of the major media and Internet companies such as Disney's(DIS) ESPN unit, Yahoo(YHOO) and CBS(CBS) have become major players in the business.
Fantasy Football Money Leagues
Two standalone companies specializing in daily fantasy games -- DraftKings and FanDuel --have each raised about $300 million from investors.
Fantasy sports is illegal in five states -- Arizona, Iowa, Louisiana, Montana and Washington, according to the Fantasy Sports Trade Association. That trade group is pushing for legislation to change the law in those states.
On Monday, DraftKings and FanDuel announced they have banned employees from playing fantasy games after allegations surfaced that a DraftKings employee reportedly made $350,000 on FanDuel's football game when he had insider information about which players were being chosen by other fantasy team owners.
Right now there really is no government authority that oversees fantasy sports, the way gambling regulators oversee sports gambling in Nevada. The scandal involving DraftKings and FanDuel could bring calls for greater government oversight of the industry if not calls for an outright ban on the games.
Are you playing fantasy sports? How much are you putting up and what's your record? Email Ahiza Garcia and your story might be included in a CNNMoney article.