Sports Betting: DraftKings Fantasy Sports Introduction

Steven Suarez

Wednesday, February 6, 2013 4:48 PM GMT

Searching for a fun way to test out your fantasy sports knowledge and potentially make money at the same time? Look no further: DraftKings is the best in the business in an emerging market: daily fantasy sports.

I've been obsessed with fantasy sports for as long as I can remember. The love story began when I was a kid and joined forces with my Dad, a big baseball fan, to compete in a Salary Cap game run by the now defunct Smallworld.

Under the name “Fly Ball” (original--right?), we took the fantasy baseball world by storm. My Dad's wealth of knowledge and good instincts and my research and unmatched enthusiasm created a perfect partnership.

More importantly, it was incredibly fun for us. We loved how the Salary Cap game involved knowledge, passion and a different kind of strategy. We couldn't get enough of it.

Now, I've since grown up and no longer live with my father, but we still share a love for fantasy sports. He's obsessed, but let's be honest: so am I.

So what is DraftKings anyway? What makes it different?

Now that you understand some of the context, I have to be upfront about this: DraftKings offers the best fantasy games that I've ever played in. Period.

Why? Daily contests. You get a chance at redemption every single day if you so choose. I'm sure some of you, like me, can grow disinterested in season-long leagues, especially if your team isn't doing so hot. Well, here's the solution.

You can start small, too. Join some free contests, learn the basics, and find out what works and what doesn't. Then, if you're feeling confident, take the plunge and go after some real prizes. They have a $5K NBA contest everyday.

In short, you start with a fixed cap of $50,000 and, depending on the sport, select a full roster of players while staying under budget and fulfilling all of the position requirements. Each sport has a different scoring system, and each is simple to understand.

DraftKings has a live scoring system that's pleasing to the eye and also allows you to switch players in and out right up until their game starts. They are the ONLY site that allows this late-swap feature. The player cards are also a real game-changer. On other sites, you constantly need to sift through various informational sites looking for the statistics you need to make informed decisions, but on DraftKings you can use it as a one-stop shop.

Follow SBR Odds to help you make both your fantasy and betting picks.

Daily cash prizes? How much money are we talking about here?

It all depends on you. You can join a number of different kinds of contests. Though there are daily offerings with a lot of entrants and bigger prizes, you can also opt to go head-to-head with another fantasy “expert.” Winner takes all.

Elsewhere, you can find high-stakes contests – for example, an NBA $10K High Roller event in which entry costs $109 – or a Daily Dollar competition in which the victor takes home $40. This kind of variation allows users to choose how much risk they're willing to take on.

Also offered are Steps Tournaments, where you can work your way up to $1,000 after only a $2 entry, while occasionally there will be more wide-reaching contests to keep things interesting. Even cooler is many of the events allow multiple team entries, increasing your chances of a payday.

Is it easy to deposit and withdraw?

This is one of the aspects of DraftKings I like most. It's ridiculously easy.

The site accepts deposits from PayPal as well as from any of the four major credit cards, and withdrawal is just as straightforward. You can either request your money via PayPal or a check and the turnaround is quick.

How do I get started? This is legal right?

The US government defines fantasy sports as a game of skill, and rightly so. Though a few states do not allow their residents to compete because of regulation against cash prize awards, these contests are completely legal and can be enjoyed in most states.

Head on over to DraftKings.com, register an account and enjoy. You'll be hooked.

Head over to SBRForum.com for all of your sports betting needs.