Fantasy sports are rapidly growing and will continue to grow.
Now that an appeal has been granted by the US Supreme Court, it is moving at a much faster pace
This makes it easier and more affordable to run a business. But,
the legality of fantasy sports
focuses on the sternness of US gambling laws, which for no good reason
prohibits forms of gambling that millions of people enjoy.
A regular sports fan is surely familiar with fantasy sports in its non
Betting form: Players select a team from real players
specific sport and score points to win games based on their real-life
performances. Fantasy sports contests are usually held for the entire season.
However, there are now websites that offer quick payouts called daily fantasy sports, which makes each game more important.
Fantasy betting is gaining popularity. It is now so
popular that it is now valued at $800 million in the Unites States
alone. Dozens of websites are now featuring fantasy betting on their
According to the president of Fantasy Sports Trade, gaming menu
Association, adding that almost 7 million Americans and Canadians were
In 2008, fantasy sports will be in your future
In short, gambling and sports fans pay for the chance
to win money in contests that are rooted on the performances of
professional athletes. Now, the question is why isn't this classified
as gambling?
One probable answer is playing fantasy sports requires knowledge and
You can win with skill. But you cannot control your losses in fantasy betting.
Sports betting and poker
This is why fantasy betting should not be considered as a form of gambling.
gambling: Because the government says it is not. http://coachbidonline.com/can-the-lottery-be-predicted-how-to-visualize-winning-the-lottery-in-180-days-or-less/ The Unlawful Internet
Gambling Enforcement Act includes a specific exemption for fantasy
sports, provided the prizes are determined before the start of the
contest and the fictional teams don't correspond to any real teams.
The second condition is aimed at preventing fantasy sports, which the
professional leagues endorse, from turning into sports betting, which
They oppose. License fees aside, the leagues like fantasy sports
Because it drives more interest in their games. However, so does sports
Betting--the market that dwarfs the size and potential of fantasy sports
industry. A 2003 ESPN study found that more than 100 million Americans
bet on sports every year, wagering money that can reach up to $100
billion.
Additionally, sports betting is only legal in Nevada. The leagues are not.
unwaveringly opposed to broader legalization because they fear it would
have a corrupting effect. Or so they say. Their actions suggest they
You should know better. "Most leagues have now signed a deal with Las Vegas
sports consultants," notes Jim Murphy, a professional handicapper. "The
They are paid by leagues to monitor improper betting trends. Every time you read
Concerning a scandal involving point-shaving or that of so-and-so was charged
trying to fix a game, it was the Las Vegas bookmakers that ferreted it,"
He added.
If you are interested in sports betting, but still want to be on the sidelines,
You can switch to fantasy betting if you feel safe. It
It is the best.