PrizePicks Review: Daily Fantasy Sports Sites

Why Do People Play Fantasy Sports?

The fantasy sports industry is estimated to be worth more than $7 billion, and more than 60 million people in the United States and Canada participate in fantasy games annually. In recent years, the popularity of these games has increased exponentially after several American states passed bills legalizing sports betting. Let's take a closer look at why fantasy sports are so popular and what you need to do to get in on the action.

Fantasy Sports Are Easily Accessible

Perhaps the biggest reason why people play fantasy sports is because it's easy to do so. Although there is some correlation between the increase in popularity of fantasy games and the legalization of sports betting, it's important to note that fantasy sports have never been considered gambling. Instead, they have been considered games of skill in which anyone over the age of 18 can play for cash.

However, the passage of legislation clarifying the status of sports betting in the United States has made it easier for fantasy sports companies to operate. Today, it's fairly easy to join a daily league with a few simple taps on your smartphone or a few clicks of a mouse. It's also fairly easy to join a yearly redraft or dynasty league in a matter of minutes.

You Don't Need to Play for Money to Have Fun

Another key reason why fantasy sports are so popular is that you can have fun without playing for money. This may be ideal for those who want to participate in a group activity without feeling as if they are risking money that they need to pay rent, buy groceries or take care of other needs. The fact that you don't need to play for money may also be appealing to those who know little about sports and are playing fantasy games to learn more about them.

Fantasy Games Can Be Played Remotely

Since March 2020, there have been few things less popular than spending time in close contact with large numbers of people. Fortunately, your fantasy sports league allows you to play from the comfort and safety of your home or apartment. Furthermore, you can conduct most league business through whatever platform you choose to play through. Therefore, you can have a positive experience without the need to put your health and safety in jeopardy.

Even if you aren't worried about venturing out, life may force you to spend most of your time indoors or otherwise isolated from your friends. Playing fantasy football, baseball or hockey can provide you with a way to stay connected to important people in your life even when you can't physically be near them.

Fantasy Games Help You Stay Connected to the Sports That You Love

If you're like most people, your athletic career likely ended in high school or college. It's also possible that a physical or mental impairment made it impossible to play the games that you loved at all while growing up. For those of us who are unable to play sports on a professional level, playing fantasy games gives us a chance to feel connected to what is going on in the world of athletics.

Prove That You're Better Than Your Favorite Team's Coach or General Manager

There is a good chance that you've spent at least a few nights yelling at the television in frustration at what your favorite team is doing on the field. Playing fantasy sports allows you to demonstrate how you would build a team and whether your approach to doing so is better than what the professionals have done.

Some People Do Decide to Play for Money

Although you don't necessarily need to pay to join a fantasy league, it's not uncommon to do so. In fact, there is a segment of the fantasy sports playing population that consider themselves to be professionals. These individuals will spend a significant amount of time and money make algorithms, reading online reports and taking other steps to gain an edge on the competition.

Those who are playing for the express purpose of making a profit may enter contests numerous times with various lineup combinations. The hope is that at least one of these combinations will be in contention for a top prize at the end of a contest, and when done correctly, the success of a single lineup will be enough to offset the cost of paying for multiple entries.

Playing Fantasy Sports Doesn't Have to Take a Lot of Your Time

As an adult, you likely don't have a lot of time for yourself. Instead, most of your time is allocated to work, school or being there for your kids. Therefore, it can be difficult to find time to get to the gym, play in a recreational basketball league or engage in other enjoyable activities on a regular basis. Even if your schedule did allow you to get out on a regular basis, you may not have the mental or physical energy to do so.

Fortunately, fantasy sports contests don't necessarily require a lot of time or mental energy. Daily contests typically require little more than an ability to read an injury report or to do other types of basic research about a player before choosing him. After your lineup is set, you simply keep track of the night's results and hope for the best.

It's worth noting that many fantasy sports companies offer tools that will draft teams for you based on preselected criteria. You can also create ranked lists of players that an automated program will use to select teams on your behalf.

If you play in a redraft league, algorithms may be able to help you create starting lineups throughout the season. They can also help you evaluate trades, decide who to drop from your team and assist in making other roster decisions. This can help to ensure that you are able to field a quality lineup on a regular basis, which can improve your chances of a favorable result.

Fantasy Sports Leagues Can Help You Meet and Connect With New People

Public fantasy sports leagues and daily contests allow you an opportunity to bond with people around the world who you might never otherwise have a chance to meet. While you may not become best friends with everyone you compete against, there is a chance that you might develop professional or personal relationships with a few of them.

A public league might also be an effective tool for managers of large companies to help employees get to know each other better. As a general rule, companies tend to work better when employees see their colleagues as people instead of merely names on an email list.

How Can You Get Started Playing Fantasy Games?

To get started playing fantasy sports, you will first need to create an account with your preferred platform. To create an account, you'll need to provide a username, create a password and verify your email address. If you are playing for money, you will need to link your account to a bank or prepaid card. If you are being paid by the platform itself, you will likely need to submit tax documents and verify your identity. It's worth noting that you are supposed to report any profits generated from your fantasy sports endeavors on your tax returns regardless of how you are paid.

Fantasy sports offers you a chance to have fun with your friends, colleagues or fellow sports fans from wherever you happen to be. Whether you play for fun, pride or money, there are multiple ways to play most days throughout the year. Many platforms that offer fantasy games will have educational materials and other tools that you can use to maximize your chances of success in your daily, redraft or dynasty leagues.