What is Daily Fantasy Sports?

What is Daily Fantasy Sports?

Daily Fantasy Sports (DFS) has grown in popularity in recent years after the success of regular season fantasy competitions such as SuperCoach. If you want the answer to the question what is daily fantasy sports? Basically, Daily Fantasy Sports works similar to the season-long tournaments, however they are shorter and generally last for one day, one match or one 'round' of games. You are required to pick a team under the salary cap that is given by the site for that competitio, with each player costing a different amount depending on their average score. 

Except for various freerolls hosted by Australian DFS sites, generally Daily Fantasy contests cost money to enter with the buy-in amounts varying from as little as $2 and can reach upwards of $500. Therefore, there are a lot of people that use Daily Fantasy competitions as a way to make money whilst the cheaper tournaments are generally for sports fans looking to add to the entertainment of each match with the possibility of earning a nice pay day.

What is Daily Fantasy DFS

 

Each player in your team will either make or lose points throughout the match. If they do positive things for their team then they will gain points, while if they make a mistake points will be removed. For example, in an NRL Daily Fantasy contest, if a player you have selected scores a try then he will earn a positive amount of points, however if one of your players knocks on then he will be deducted points. At the end of the match, each involvement your player has on the match is calculated up and their final score is created. Each play’s score is combined together to reach a total score for you team and you are then ranked against the rest of the field and your placing is determined. You are able to sweat out the result throughout the match with live scoreboards used by the majority of Daily Fantasy sports websites.

The popular leagues for Daily Fantasy include NRL, AFL, NBA, Big Bash, A-league, EPL and NFL. Tournaments can be as long as a full weekend or as short as just a single match, so they are easy to try with not much commitment.

There is a variety of different formats of DFS contests to play. The more popular types include:

Large Tournaments

This is your basic form of contest where the players with the highest score will earn a large cash prize whilst the majority of the field will miss out. Entries into large-field tournaments can be in the 1,000s. 

Double up Games

This is a safe way of slowly building your DFS bankroll. The top half of the field will double their money whilst the other half will miss out. That means first will receive the same amount as the person who finishes in the last cash position. That means all you need to do is score in the top 50% of the field. 

Head-to-Head’s

This Daily Fantasy tournament involves facing just one other opponent and you will need to just beat their score to earn a cash prize. These can be organised to play against your friends or an unknown opponent. 

If you are interested in trying out Daily Fantasy sports tournaments, there are many Daily Fantasy sites in Australia – including Moneyball, Fantasy Games Australia and DraftStars.

To learn more about the one of Australia's biggest Daily Fantasy sites, check out our Moneyball Review, while you can read all our DFS content on our official daily fantasy sports page

 

Always Gamble Responsibly. 

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