Thursday, May 7, 2015

The Types of Daily Fantasy Games Available

Win A Free Trip To Atlantis To Compete For One Million Dollars In Fantasy Sports

In my journey to become a fantasy sports professional, there is a lot to learn! As in any profession, you must learn all the ins and outs in order to be successful at it. Fantasy sports is no different. To be successful at playing daily fantasy games, you must first learn the different types of daily fantasy games available.

Today I’m going to talk about the sports that you can play as well as the different types of game formats that you can play.

The Different Types of Daily Fantasy Sports Available
There are a number of different types of daily fantasy sports that are available. Here are some of the most common sports:
  • Fantasy Baseball – Major League Baseball
  • Fantasy Basketball – National Basketball Association
  • Fantasy Football – National Football Association
  • Fantasy Hockey – National Hockey League
  • Fantasy Golf – Professional Golf Association
  • Fantasy Soccer – English Premier League, Major League Soccer
  • Fantasy Mixed Martial Arts – Ultimate Fighting Championships
  • Fantasy College Football – National Collegiate Athletic Association
  • Fantasy College Basketball – National Collegiate Athletic Association
With all of these sports available, you can literally play daily fantasy sports every single day of the year without fail. With that said, there is a learning curve as each sport is different.
I personally play four sports right now. Fantasy Baseball, Fantasy Basketball, Fantasy Football and Fantasy Mixed Martial Arts. One thing I will say is if you have an interest in some of the sports that aren’t as popular, like golf, soccer and the college sports, you can absolutely make a killing.

As for me, I am just going to stick to the sports that I like, which is the sports that I’m currently playing.

The Different Types Of Daily Fantasy Game Types Available
With each sport, there are a number of different types of daily fantasy games that are available. If you want to be successful and profitable, it is important that you understand the different game types. This is because the strategy that you are going to employ is going to vary slightly based upon the type of game or contest you are competing in.

First off, there are two types of entree fees games you can play. There are free games and there are paid games.

With the free games, there are two types of games. There are free games where you play just for fun. Then there are free games where you can win a prize. The prizes are usually one of three types:
  • Free Entry To A Paid Game – The winner of this prize earns a free entry into a paid game.
  • Cash prize – The winner of this prize earns a cash prize.
  • Non Cash prize – The winner of this prize earns a non cash prize. This could be items like an autographed item, tickets to a sporting event, etc.
Playing for free is a great way to get started, particularly if you have never played before. It gives you an opportunity to learn the system, how it works and in the case of the free games with prizes, you can even win something for your efforts. It’s also a good way to play if you don’t have enough funds to play paid games.

With the paid games there are paid games for a wide variety of different budgets. There are “Arcade” games, which cost as little as $0.25 to enter. There are high stakes games that cost as much as $10,000 to enter. There are games everywhere in between those levels as well.

In addition to free vs paid there are different types of game formats as well. These formats dictate how many people can win and the type of prizes that are available. Here is a breakdown of the different types of formats:
  • Head To Head – In this format, you challenge one other player in a winner take all contest. Whoever’s team scores the most points wins the game. If you play in a $1 head to head game, you pay $1 and your opponent pays $1. The winner wins $1.80. The other $0.20 goes to the company hosting the game.
  • 50/50 – In this format you compete against a number of other contestants. All players who finish in the top 50% of the points standings wins an equal prize. All players who finish in the bottom 50% lose the game. So for instance, if you are playing in a 100 player 50/50 game, the players that finish 1st to 50th place win the same exact prize amount. Players who finish 51st to 100th win nothing. If you play in a $1 50/50 game, everyone that finishes in the top half wins $1.80. Everyone in the bottom half wins nothing.
  • Double Up – This format is very similar to a 50/50. However, the difference is if you win, you double your entry fee. Since this contest allows you to double your entry fee, you have to finish a little higher than in a 50/50, typically in the top 44% in this type of contest.
  • Triple Up – This contest is very similar to a Double Up. However, the difference is if you win, you triple your entry fee. Since this contest allows you to triple your entry fee, you have to finish higher than in a Double Up, typically in the top 30% in this type of contest.
  • Leagues – In this contest you compete against a group of players in a league. The team who finishes in first place gets the largest prize. The team that finishes in second place gets a smaller price. The team that finishes in third place gets a little more than than entry fee back. Everyone else loses. You also have winner take all leagues where only the team who finishes in first place wins a prize.
  • Guaranteed Prize Pools – These are those exciting large prizes that you see advertised on television. You know those commercials where Joe from Kentucky wins $100,000 playing fantasy sports? That’s pretty much a guaranteed prize pool. In this contest, you have large numbers of people competing against each other. Typically the top 20% shares in the prize pool. The pool is top heavy though, so the prizes at the top are often very large and the prizes at the bottom are typically double your entry fee.
  • Satellites & Qualifiers - These are contests where the winner or the top X number of players receive a free entry into a larger cash entry fee tournament to compete for larger prizes. For instance, you could enter a qualifier contest and compete against 6,000 people for an entry fee of $0.25. If you finish in the top 50, you would receive a free entry into a $27 tournament (you don't have to pay the $27) where you will now have the opportunity to compete for $250,000.
So with all of these cash prizes, one question that people sometimes ask is whether fantasy sports is considered gambling?

The laws vary from state to state in the United States. There are five states currently where you can only play in free contests. You cannot play in paid contests. The other forty five states, including New York where I live consider fantasy sports as a game of skill and not gambling. As such it is perfectly legal. It’s no different from going to Dave & Busters and playing a game that costs money to win tickets to get a prize!

If you are interested in getting started in fantasy sports, feel free to sign up with DraftKings which is the main site that I play on. My username is roosevelt so when you sign up, look for me and challenge me to a game!

Click the banner below to sign up!

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