The fantasy sports betting market has exploded. As we have seen from the massive expansion and rise of Fanduel and Draftkings. We have also started to see a contraction as more and more states are clamping down and questioning their legality as some try to frame it as “Daily Wagering” and others are trying to frame it as a “Game of skill”.
Over the last decade, fantasy sport games have been on the rise. In fact, there are now fantasy games available for most sports, including football, soccer and basketball. Some of these games are daily, some are weekly and some are yearly but they all have one thing in common - competitive play. Everybody wants to win fantasy sports games. And this is one of the key similarities between fantasy sport games and general slots that you find in a casino - everybody wants to win.
Indiana Pacers center Ian Mahinmi is in an excellent position Thursday going up against a Magic team that ranks at the bottom versus opposing centers.
Mahinmi, priced at just $4.9K, turned out a fantastic performance Monday versus the Bulls.
18 blocks, 7 rebounds, 2 blocks and an assist translated into just over 30 fantasy points. He only needed around 25 to make value.
Now if he can perform this well against the Bulls, just imagine what Mahinmi can do versus the struggling Magic.
- Brian Stern, DFS911.com
Dallas point guard Deron Williams and power forward Dirk Nowitzki are expected to be out both Sunday and Monday, leading to a boost in value for a number of players whose salaries will likely stay relatively stable.
J.J. Barea is the obvious player to target first in these games, having just scored 21 points with five triples the other night against Golden State. More importantly Barea is priced at $4.3K. He was going up against a fantasy-friendly Kings team Sunday.
Dallas point guard Deron Williams has been ruled out for Sunday’s game against the fantasy-friendly Kings. Williams is expected to miss both Sunday and Monday's game.
J.J. Barea should start in his place with a price tag of $4.3K. Raymond Felton and Devin Harris should also see an increase in their value as a result.
Barea scored 21 points with five triples the other night against Golden State.
David Lee ($5000 at DraftKings) will start for Dirk Nowitzki Sunday.
- Brian Stern, DFS911.com
The Oklahoma Thunder’s Russell Westbrook needs only three more triple-doubles in order to break the record of Magic Johnson.
He had his 15th triple-double of the season in the Thunder’s Tuesday night win over Houston: 11-11-13. This ties Michael Jordan's 15 in 1988-89, two off of Magic Johnson's record.
The Daily Fantasy NBA juggernaut Westbrook is averaging 23.7 and 10.5 every game. Rebounds are the bigger issue, and he's grabbing 7.7 per game.
Westbrook’s current salary as of March 23, 2016 at both DraftKings and FanDuel was coming in at $10600.
Fans of fantasy sports betting can hardly have missed the biggest news to rock the industry in a long time: the legislations proposed by at least 30 US states to regulate -or in some cases place an outright ban on- the activity.
DFS911.com has your NBA Daily Fantasy Hot Players breakdown. Who are the current top DFS players in the NBA? Prices used are from DraftKings.
Paul George – Indiana Pacers - $8600 - Over his last ten games, George is averaging an impressive 43 fantasy points in 36 minutes per game. Play him versus teams that rank poor against small forwards. This included Monday night’s game versus the 76ers where he didn’t quite reach that 43 fantasy points average.
Have you ever noticed how the same DFS players consistently win? Anyone who plays daily fantasy can certainly attest to the fact that it is indeed a game of skill.
As Gambling911.com noted last week, the Fantasy Sports sector has expressed deep concern over a $50,000 licensing fee that few of the companies in the sector can afford.
While the Fantasy Sports Trade Association promises to try and get this fee reduced, some have speculated that the FSTA is working against their best interests, especially the season long sites.
Illinois State Rep. Michael Zalewski is sponsoring legislation in the state that would exempt fantasy sports from state gambling laws according to Northern Public Radio. It would also characterize Daily Fantasy Sports as a game of skill.
He said it would help small businesses like SideLeague, a fantasy sports company based in Illinois that current doesn't offer games in the state right now.
A Boston Globe report on Saturday suggests that Daily Fantasy Sports juggernaut DraftKings has only raised $70 million in recent months, describing this as “a sharp drop from the company’s previous investment rounds as it fights regulatory battles across the country”.
Draftkings.com, which was already partnered with the UFC, has announced the acquisition of Mixed Martial Arts Fantasy Sports site Kountermove.
In an effort to capitalize on the explosive Daily Fantasy Sports industry, California Tribes are seeking answers to legal questions surrounding the activity.
“The Internet looms large in the future of gaming, therefore our future,” CNIGA Chairman Steve Stallings told delegates to the association’s annual meeting at Harrah’s Resort Southern California near Valley Center.
FanDuel CFO Matt King told PBS’ “Frontlines” that his company and Daily Fantasy Sports is not gambling but rather entertainment. He also upset some in the poker community by claiming that poker is not a game of skill but is indeed a form of gambling.
A crane has crashed within feet of the courthouse where Daily Fantasy Sports sites DraftKings and FanDuel are currently fighting to continue operating in the state of New York.
The accident, which occurred Friday morning, resulted in at least one death of an individual who was sitting in his car. Two others have been injured.
A class action lawsuit filed in the state of Oregon claims that Daily Fantasy Sports sites DraftKings and FanDuel are in violation of state laws.
More specifically, the complaint alleges that both companies operate as illegal online sports wagering while providing an unfair advantage to company employees.
One of the more successful Daily Fantasy Sports players, Maxdalury (real name unknown), has premiered his new DFS all-in work station RotoQL.com.
Daily fantasy operator DraftKings reported $80,000 in lobbying spending for the fourth quarter, up from $10,000 in the third quarter, according to a congressional disclosure released Wednesday.
"I've kind of made enough money to not have to worry about going down the internship and job path," Aaron said.
Boston-based Daily Fantasy Sports site DraftKings has appointed Janet Holian as its first-ever chief marketing officer. The co-founders previously worked with Holian at VistaPrint.
When asked about the massive ad blitze that could have resulted in various Attorney Generals coming after DraftKings and rival FanDuel, Holian did admit "we could have reduced the ads a bit".
Virginia lawmakers intend to file three bills with the General Assembly that would uphold Daily Fantasy Sports contests for cash as legal. They have proposed regulations in place to protect consumers.
Two versions have been filed in the House - one by a Republican and one by two Democrats - and a third bill is expected to be filed in the Senate.
Appellate Court Rules in Favor of DraftKings, FanDuel in New York - An appellate panel has ruled in favor of daily fantasy sports sites DraftKings and FanDuel, allowing both to continue operating in the state of New York while their appeal is being heard, according to Darren Rovell of ESPN. Read the DraftKings Appellant Ruling (PDF)
A bill to legalize and regulate Daily Fantasy Sports in the state of California drafted by Assemblyman Adam Gray went to a committee vote in Sacramento Wednesday (January 6, 2016) and passed almost unanimously.
Jay Caspian Kang of the New York Times Magazine has written a great piece on the Sharks vs. Fish phenomenon in Daily Fantasy Sports, better described as “Those in The Know vs. Suckers”.