Fantasy Sports For Money

Those looking for more information about the legality of fantasy sports in the U.S. have come to the right place. As always, LegalBettingUS.com your home for all the information you could ever want relating to the profitable activity that sports fans have been participating in for decades. With the power of the World Wide Web, there are now more U.S. fantasy sports opportunities than ever before. Many people might not know that fantasy contests that payout real money differs from sports betting in many ways. The laws that relate to fantasy sports are simple to understand, and we hope to instill this knowledge in our readers here.

This page will cover the legal atmosphere of fantasy sports, giving you a thorough overview of all of the laws that affect it. We will differentiate between daily and traditional fantasy sports so you will know which method is better for you. Finally, we will review a site that we believe offers the best bang for the buck when it comes to playing fantasy sports for real money over the internet.

Is It Legal To Play Fantasy Sports For Real Money?

Many sports fans in the U.S. probably wonder about the legality of playing for real money. The answer to the question above is yes, playing fantasy sports and collecting winnings is legal in most of the nation. The Unlawful Internet Gambling Enforcement Act (UIGEA), which governs online wagering in America, has a specific exemption for fantasy sports. In the language of the UIGEA, a fantasy sports contest is considered a “game of skill”, instead of a game of luck. This means that people who risk and win money on fantasy sports are not gambling since luck doesn’t factor in.

This exemption from the UIGEA allows daily and traditional fantasy sports to function in almost every state in the nation. You will find many websites that cater to daily/weekly fantasy sports players who win real money every day. These sites are safe and legit, with some functioning in the USA and some operating overseas. We at www.legalbettingus.com love fantasy games and want everyone to get in onthis new and fun game.

Traditional vs. Daily Fantasy Sports

Traditional: Many forms of traditional fantasy sports involve selecting a dream team of your favorite players, and following their stats through an entire sports season. If their fantasy team isn’t doing so hot, it can be a sad nightmare watching the losses pile up as the season progresses. With this method, players do not get to collect their winnings until the end of the season…if they get anything at all. While this type of fantasy sports has its merits, it is typically preferred by those participating in fantasy sports leagues with friends and acquaintances where camaraderie already exists.

Daily: The relatively new daily/weekly fantasy sports websites allow players to pick a team for a single game or tournament. This allows sports fans across the U.S. to keep a competitive lineup on a daily or weekly basis (depending on sport) versus having to make the best out of a poorly drafted team that gets dominated all season long. Daily fantasy sports also means daily pay! Players are often credited any winnings that are due within an hour of their contest ending. Daily fantasy sports site operators typically wait just long enough for the stats to become official before paying the winners.

Daily Fantasy Sports Sites

Daily/weekly fantasy sports are now parts of a booming online industry. Sites are popping up every day touting to offer the best real money action on the web. Of course, not all sites deliver on their promises. There are a few tried and true names out there that have amazing reputations. These sites are the leaders in the field and offer the best overall fantasy sports experiences. We decided to pick out a few of our favorites out of the small handful of excellent choices, and we will review it below.

DraftKings Fantasy Sports

DraftKings is a hotbed of sports fanaticism and amazing features. This site offers top-notch daily and weekly contests for real money prizes in all of the major sports (NHL, NBA, PGA, NFL, and MLB), as well as college basketball and football. This site is also completely legal under the federal laws, and players from every state except for Arizona, Iowa, Louisiana, Montana or Washington can play for real money. As long as you are over 18 (19 in Nebraska and Alabama), you can play at DraftKings. All of the games are daily or weekly, so you can create a team, play in a contest, and cash out all in the same day!

This daily fantasy site will award frequent player points (FPP) for continuing to use their site. These points add up the more you play, and you can use them to purchase prizes from the VIP store. The store offers everything from exclusive trips to Vegas or other fantasy sports hotbeds, as well as memorabilia and cash prizes. This is just another feature that sets DraftKings apart from the pack, and adds to the esteem of this phenomenal site.

FanDuel Fantasy Sports

Seasoned fantasy sports enthusiasts are probably familiar with FanDuel as it is one of, if not the, most popular daily fantasy sites in the world. It is the go-to place for fans of the NFL, MLB, NHL, NBA, and college football and basketball. The site looks like money, with one of the slickest interfaces you will ever see and ease-of-use to match. There are numerous contest types such as head-to-heads, leagues, and 50/50’s. If these sound confusing do not worry, the magnificent help section will get you up to speed in minutes.

If you still have any doubts about trying FanDuel, the amazing deposit bonus will make them disappear. Upon making your first deposit, FanDuel will reward you with bonus cash that will steadily inject itself into your account as you complete contests. This bonus is designed to reward players that play consistently, and the bonus money really adds up if you participate on a semi0regular basis. This isn’t the only bonus; this is just the one to get you started. There are also freerolls and reload bonuses to look forward to, as well as amazing tournaments.

Are Daily Fantasy Sports Legal In My State?

Since the federally regulated UIGEA allows fantasy sports in the U.S., individual states have come up with their own wagering laws. The majority of states in the nation have the same exemptions for games of skill in their own gambling law sections. However, this is unfortunately not the case for every state. Some state statutes regarding fantasy sports exist in a grey area, or ban it outright. These states are Arizona, Iowa, Louisiana, Montana or Washington. Many sites offer free contests to residents of these states, but as of now players from these areas will not be able to play for real money online. The laws are constantly changing, so one day some of these states might change their tune.

How To Play Fantasy Sports

The first thing to do is pick a great U.S. daily/weekly fantasy sports site and create an account. This is free and fast; all you must do is provide some basic contact information and an email address. Once are a member, you will choose a contest to enter. Enter the game lobby to search for the contests that are available that day. Select the contest and the fee or prize, or you can choose to enter a free practice contest.

After choosing a contest, you will create your team for whatever sport the contest represents. You will get a salary cap with which to pick your players. Pick who you want while staying under the salary cap and you will have your own all-star team to play with. Now you can sit back and watch the contest play out. If you score the most points, you win! It’s that simple.

What Devices Can I Use?

While daily/weekly fantasy sports sites allow you to play from the comfort of your own home, new features now allow you to play from anywhere. You can now access these sites from your iPhone, Tablet, Android, or any other device that connects to the internet. This innovative bonus allows you to play while in line at the grocery store, or even sipping a cocktail on the beach.

Among the many things that set the professionals apart from the amateurs are the generous bonuses and promotions that the top-tier sites offer. Many sites allow lucky players to win their way to all-expenses-paid trips to Las Vegas or the playboy mansion, among other locales. These prestigious perks come part and parcel with being a loyal member at one of the best daily fantasy sports sites for U.S. players.

You will also find weekly freerolls, offering giant cash prizes for zero entry fees. These freeroll tournaments are great for those with enough skill and luck to rise through the ranks of the other contestants. Most sites also institute refer-a-friend bonuses that will pay you every time your friend, or friends, make a deposit. There is no limit to how many times you can collect on this bonus, so tell all your friends about these sites!

Now that you know the difference between daily and traditional fantasy sports, it is time to join a site and start your adventure. You have learned that these sites are legal for players from almost every state in the nation, and since this is a game of skill, you can wager real money without worry. You now know how to sign up, enter a contest, and collect your winnings all in the same day. We also took a peek at the bonuses to whet your appetite, and now it is your turn to compete for these amazing rewards. Check out our other daily/weekly fantasy sports pages, as well as our long reviews, to learn more about this exciting and profitable activity.