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 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.