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Knowing the ins_and_outs_of_fantasy_sports_bet
1. Knowing the Ins and Outs of Fantasy Sports Betting
Fantasy sports betting sites take
advantage of a loophole in US online
betting law by letting people wager real
money on fantasy games. This is
considered a type of skill betting and not
gambling, so fantasy sports betting
websites are actually located in the
United States and can accept major
payment methods like through PayPal
and valid credit cards.
Some betting sites with online fantasy
sports betting leagues can last for an
entire season while others last for only a
single game. You can bet on a single
game, for example, and be matched against another player who wishes to bet on that
game. You both then draft your players and the winner is determined by whoever’s
players score the most fantasy points.
Fantasy sports betting is completely legal in the United States, Canada and some
parts of the world. In the United States, fantasy sports betting got an exemption from
gambling restriction laws because it is considered a contest of skill. It’s crazy that
sports betting and poker didn’t get similar exemptions, but that’s just how big
government politicians think.
Most fantasy sports betting sites are located right here on US shores. When you sign
up and wager at these online betting sites, you do not have to sign up for third party
payment companies or worry about your credit card transactions being rejected. You
can just pay with your credit card or through your PayPal account and continue on
your merry fantasy betting way.
Fantasy sports betting works in the same basic manner as normal fantasy leagues go.
At the beginning of each matchup, you and your opponents each draft a team
according to the draft rules of the site at which you play.
Once the game begins, you will score points based on the performance of each player
on your fantasy team. So if your quarterback throws a touchdown, you’ll get points for
that. If one of your defensive players recovers a fumble, you’ll also get points for that.
You win if your team of fantasy players has the most points at the end of the game or
2. season.
The cool thing about playing with real money on fantasy sports betting sites is you
can play in multiple games every day if you wish. You don’t have to wait for an entire
season to get paid. If you want, you can play small games all day long and collect your
winnings in the same day. Of course, you can still participate in season-long contests
as well.
Fantasy sports bettors have the option to play heads-to-head against each other or
they can enter leagues of five or more people. More people in the pool means bigger
prizes, but that also decreases your chances of winning and makes it more difficult to
win.