Fantasy Sports Betting

Fantasy sports online betting is an incredible force that sweeps the entire world, making sports enthusiasts closer to the games than ever. From the NFL to MLB, NBA, and NHL, as well as all intermediate sports, thousands of Canadians participate in daily, weekly, and seasonal fantasy sports websites drafts. According to the FSA today more than 56 million people in the USA and Canada play fantasy sports, and on average, players spend $456 a year on their hobby.

In the review, read the details regarding fantasy sports names in the country of the Maple leaf. Learn its history, legitimate business status, valid PPD meaning, betting features, top fantasy sports websites to place bets, and some other information.

History of Fantasy Sports

In Northern America (the USA and Canada), this type of betting launched many years ago. The first history of fantasy sports notifications were made in the 60s of the last century. In those times, FS was considered mainly as entertainment.

According to facts regarding fantasy sports legal status, FS in the US started when sociology professor Wilfred Winkenbach from Oakland organized "Baseball Seminars" where players assembled lineups of real athletes on paper.

In March 1962, at the famous Milford Plaza Hotel in New York, Bill Winkenbach, along with Bill Tannell, the Oakland Raiders public relations specialist, and Scotty Sterling, a sports journalist from the Oakland Tribune, compiled an organization system and a pick of fantasy sports terms that eventually turned out to the essence of modern fantasy sports. These talented men created the first-ever fantasy coalition and named it the Greater Oakland Professional Pigskin Prognosticators League, or GOPPPL.

For many years, the popularity of fantasy sports has been growing but pretty slowly. However, it was revived in 1980, when the editor Daniel Okrent updated the rules and organized the Grill Baseball League. He had a lot of friends-journalists who got carried away with that sports game and began to popularize it. And so, in July 1980, an article about fantasy sports data appeared in the New York Times, and soon a weekly column dedicated to that game was published.

In 2009, FanDuel was established, and in 2012 - DraftKings was created as well. Up to the moment, these two names are still the leaders of the fantasy sports rankings. With the advent of DraftKings, unprecedented growth of advanced fantasy sports definition, like daily fantasy sports (DFS) - has started in the emerging market. Thanks to marketing, DFS DraftKings became number two on the market in the shortest possible time.

Over the past seven years, those impressive startups - FanDuel and DraftKings - have formed global markets with a billion-dollar value out of an exciting hobby of sports enthusiasts. Thanks to their efforts, fantasy sports has become the most popular online game in North America, and in Canada in particular.

In 2022, fantasy sports pools have become a mass phenomenon in Canada and the US. Many fantasy sports players who dreamed of becoming a coach of their favorite team have finally got a chance to reach that for real. 

In fantasy sports, like Hotstreak, any of you can become a manager to create a name generator for your special "dream team" of top-class athletes. Daily Fantasy sports online competitions are held in all fields. You can start a game here, choosing soccer or baseball, volleyball or golf, basketball or hockey, etc.

Thanks to the best IT development company efforts, real fantasy sports has achieved a new level and significantly expanded its fans' audience. Fantasy sports is a game built on rivalry.

Shortly, the general essence of such a competition is as follows:

  • Fantasy sports participants choose real athletes who will get points for the fantasy sports team's winning.
  • The points scored by these athletes in real sports matches are awarded to the team.

One of the most popular FS types is fantasy football. Its players create a virtual team on the top fantasy sports websites, which can include Messi, Ronaldo, and other famous athletes. Players' achievements in real competitions are registered in fantasy sports and credited to the team's balance. In real events, those athletes may never play for the same team or even never meet on the sports field at all.

Influence of FSGA

The Fantasy Sports and Games Association (FSGA), previously it had the name - the Fantasy Sports Trade Association, is a Middleton, Wisconsin-based trade community which represents the fantasy sports sites for money and games market. In 2019, FSTA changed its definition to Fantasy Sports & Gaming Association to coincide with changes in general US laws allowing states to provide sports betting.

FSGA was founded in 1998. Since then, it has actively supported fantasy sports, maintains fantasy sports books, statistics, and analytics, and participates in annual conferences and collective actions, including lobbying, to support the growth of fantasy sports and sports betting leagues. That association includes both small startups and large media corporations. The FSGA currently holds two annual conferences - in summer and winter.

According to the FSGA, Fox Sports 1, and Tva - Canadian sports channel news, the most popular Canadian fantasy sports these days are:

Sports discipline

Popularity rating

Gridiron Football

78%

Baseball

39%

Basketball

19%

Ice Hockey

18%

Association Football

14%

Legacy Fantasy Sports in Canada

As the Sky TV channel informs, in 2022, more than 45 million people played fantasy sports in the United States and Canada; on average, FS fans spend no less than 100 C$ per year on related fantasy sports expenses and materials.

Speaking of legacy, Fantasy sports are legal in the United States, provided that operators comply with UIGEA and state laws. In Canada, there is no clear legislation regarding fantasy sports. The point is that Canadian authorities still can not identify FS from gaming and betting laws, and CA national courts have not reported any criminal subjects involving people offering fantasy sports to Canadian residents.

The legal status of fantasy sports in today’s Canada depends on whether it falls under the gaming and betting terms described in Part VII of the Canadian Criminal Code (the Code). That Code does not define the meaning of “gaming”, but it considers the term “game” as a game of chance or the one with mixed odds and skill.

And so, that means none of the crimes related to the illegal “game” does not apply only to the game of skill. Moreover, under the common law, remuneration, prize, and chance were considered important features of online gambling.

The current status of real sports fantasy competitions in Canada is currently undetermined and will stay like that until the Canadian central law authority decides to initiate criminal prosecution related to the activities of fantasy sports. In case it does happen, the defense will be instructed to establish that the fantasy sports event in question is a game (and not “betting”) and a game solely for skill, not involving the systematic random activity. The evidence of this and the strength of the legal analysis of the defense will largely depend on the conclusions made by the court.

Fantasy Betting vs. Sports Betting

First, let's take a look at the similarities between fantasy betting and sports betting. And so, both activities show common features: 

  1. Both the real-time fantasy sports outcome and the results in betting depend on the final result of real sports events.
  2. They say sports betting is a gambling activity, while fantasy sports is a skill contest. As in betting, also in fantasy, participants need to track the matches/leagues, as well as follow the statistics and analysis to increase their odds of winning. Definitely, both betting options come with a certain dose of luck necessary for success.
  3. Both can be addictive, but this addiction in sports betting can lead to more serious consequences compared to sports fantasy games.

If we compare traditional sports betting and fantasy sports, then here we can find the following advantages regarding fantasy games. So, here are the most obvious benefits:

  • If you want to play fantasy sports and become a player in an FS match, then you will be assembling a team of your favorite athletes. This is a really exciting action because you will not need to study the real statistics of the last games of the teams - you create a team yourself! And here, everything depends on the members you choose.
  • Brand new emotions. If you take part in sports fantasy games or place bets on the CDM sports website, it will bring you incomparable emotions. From now on, watching football or basketball will become much more interesting. The same type of matches of famous teams will no longer seem boring to you if there are a couple of top athletes in your defense whom you have chosen yourself.
  • Sports interest and earnings. You can really earn money with a fantasy sports company, especially if you understand a particular sports discipline to the maximum. Those who devote more time to choosing their team get much more chances to be in the prize places as a result.
  • FS competitions on rtsports.com are great from the point that they provide you with opportunities to compete against other opponents. You can sometimes discover really good value in these events as an outcome.
  • Realtime fantasy sports events are also legal in the majority of Canadian regions. Therefore, no need to deal with some of those offshore betting websites.

And now, here are some pros regarding sports betting:

  • By choosing regular sports betting sites to sign in and play, you definitely will have more markets and bet types to choose from. And so, you will get more opportunities to win big.
  • Another positive feature is a small commission of the sports betting events. You’ll only pay an average of 5% per bet to sportsbooks versus 10% to average sports fantasy sites.
  • Participants of sports betting on the Internet today have a huge selection of various sportsbooks. You will easily log in to the platform that will completely suit you. For this, just enter the bookmaker website in the search bar, and you will get a huge number of valid betting deals with or without a coupon code.

Most Popular Fantasy Sports Sites

There are many fantasy sports sites, like Beryllium you can discover on the Internet right away. What are the most profitable software platforms in Canada these days? Here is an updated rating of top fantasy sports sites made by Sportsnet experts:

  1. Draft Kings

The largest fantasy sports operator accepting transactions via PayPal is DraftKings. The company was launched in 2012, and in five years, it was able to attract 5 million customers. Already in 2015, this fantasy sports money platform reported that the site's players had made contributions of $3 billion to participate in the leagues. The service has signed two three-year advertising contracts with ESPN and Fox Sports worth 250 C$ million each in 2015. It is gaining popularity in Europe as well.

The best fantasy sports betting sites in Canada, Draft Kings, is one of the richest FS companies in Northern America. Its head office is based in Boston. It provides its visitors with access to daily virtual games where players can register and play a huge number of amateur and professional sports events.

The platform covers a lot of major US and Canadian sports such as MLB, NHL, NFL, NBA, and PGA. Besides, it covers the English Premier League and the UEFA Champions League, which makes it all interesting for modern enthusiasts who are not interested in the basic US top fantasy sports.

  1. Fanduel

That popular online operator for FS fans is based in New York. Up to date, Fanduel is one of the most visited fantasy sports platforms among Canadians. It comes with a huge fan base both in Canada, the United States, and abroad. When visiting Fanduel, you will discover more than 20,000 leagues for daily play. You can participate in those exciting events using any gadget, including mobile.

One more impressive benefit of the Fanduel fantasy sports site - all the payments on the site go instantly. And so, right after the end of the game, lucky players receive fast cashouts.

  1. Hattrick

Are you looking for the best platforms to play fantasy football? If yes, visit Hattrick today and find the most convenient options there. This website is easy to navigate; it's free, so players can quickly build a team and regulate it over time.

To get full access, you should sign up to Hattrick first. Keep in mind that you don't have to be online all day to win. All you need is to hone your skill on the site, learn the fantasy sports betting companies tactics that work for you, and pretty soon, you will get what you want.

Hattrick comes with great community support and a huge number of active players who will support you without a doubt.

  1. Yahoo

Many of you surely have seen Yahoo Fantasy advertisements appearing in Yahoo mail. The platform covers top-rated sports such as Major League Baseball, the NBA, football clubs, and hockey. The Yahoo fantasy sports betting site is well-done and easy to use for new customers. You can register there for a couple of minutes and start practicing your favorite sports for only 10 C$.

These days, Yahoo remains one of the giants in fantasy sports. The annual profit from the fantasy direction in the last 2-3 years has fluctuated around 200-300 million C$. Just the other day it became known that Paddy Power Betfair entered the fantasy sports market. The holding company bought the company's project for 48 million C$.

As in any other best daily fantasy sports sites, you can create your own team and manage it. If you choose athletes that play very well in real life, you can earn high points.

  1. Fanball

Fanball.com comes with an extensive set of fantasy football leagues, like Fantrax, in which you will choose a team and win cash prizes depending on the results the team achieves. There are eight separate league levels available with the Fanball fantasy sports platform. Every league is associated with an entry fee and a potential prize.

Depending on a particular league, team entry fees can be different from free to 1,000 C$, and the league champion prize ranges from 10 C$ to 6,000 C$. You can find current entry fees and the prize structure details on the Fanball website.

  1. Superbru

One more best daily fantasy sports site that is available for Canadians at the moment. Superbru is famous among players from Canada, Iceland, India, Bhutan, and Fiji. That fantasy sports platform covers news about cricket and other sports and provides you with a chance to play impressive virtual fantasy games. Originally created by a student group from South Africa, that FS site has become one of the best in the world.

More than 1 million professional fantasy sports players visit Superbru these days. It covers a wide range of sports disciplines such as football, cricket, rugby, tennis, golf, auto racing, and some others.

An exciting feature of Superbru is that you can play here for free! You can find more information about that on their website. With such a demo option, all you need is to create your personal leagues, participate in different tournaments, compete with friends, communicate with its staff via the help phone number, etc.

Free Daily Fantasy Sports Sites

Nearly 15 years ago, traditional fantasy sports started to turn into gambling. Since then, the so-called “Daily fantasy leagues” have become more and more popular. What are the main features of daily fantasy sports?

These are matches similar to the classic seasonal fantasy sports tournaments with only one difference. DFS events last only one day (for leagues with a huge number of matches – NHL, NBA, MLB) or one round match (for competitions of NFL, MLS, and European Championships levels).

All the DFS participants pay a particular fee – mainly of small size, from 1 C$ to 5 C$. Besides, there are a number of premium leagues with decent investments. The winners of such top-level leagues grab cash prizes – from a few thousand to millions of C$.

Since regular sports betting is partly prohibited in Northern America, the best fantasy sports sites are very popular in the United States and Canada these days. Moreover, if the professional sports community is ambivalent about the sports betting activity, then fantasy is supported by almost everyone. For example, the NFL has its own league, the NBA is an investor in the top-rated fantasy FanDuel website, and MLB sponsors DraftKings.

Below, there is an updated list of the best daily fantasy sports betting sites on the internet. The current rating is based on several points, including bonus offers for new customers, total prize funds, sports offered, support service staff, and much more. Here, you will see the most reliable daily fantasy sports websites:

DFS website

Total score

Promos

Link

Fanduel

10

Free Contest - No Deposit

FanDuel.com

Draft Kings

9,5

Free Contest fantasy sports daily Ticket

DraftKings.com

Draft

9

Free $3 Contest

Draft.com

How Does Daily Fantasy Sports Work?

DFS assumes the recruitment of a certain number of athletes while remaining within a given earnings amount on the best fantasy sports websites. And so, to participate in DFS, you can pick any player if the common income of all the athletes does not exceed the set limit.

For example:

You may have to choose 10 NFL athletes without exceeding the 50,000 C$ income amount. With such limits, you can only select as many fantasy sports examples of teams as you want.

The main purpose is to select the team that will score more points than your opponents. Points are established based on the scoring table of that particular DFS website. Keep in mind that in terms of the NFL fantasy sports games, a passing touchdown and a rushing touchdown may cost diverse points depending on the court.

You definitely should learn the entire scoring rules before you start betting on DFS with real C$.

Major League Fantasy Sports

Fantasy sports come in various types of leagues:

  • Seasonal sports fantasy leagues

In this case, you will choose athletes for the team at the beginning of the season to compete with other fantasy teams. The process of selecting players is called the draft. At this stage, you need to select a certain number of athletes. If it's a big public league, then different teams can choose the same athletes.

Each global daily fantasy sports athlete has an individual rating. And in the league itself, there is a limit on the maximum rating of the team, as well as on the role of performers. So, your fantasy football team can consist of 2 goalkeepers, 5 defenders, 5 midfielders, and 3 forwards.

  • Private leagues

Another kind of league is private. In private leagues, which are created by users themselves on websites, the whole process is as close as possible to the standard season in football/hockey/basketball. League members cannot choose the same athletes. Teams play each other in a round-robin system, and managers can make transfers: purchases, exchanges, and signing of free agents.

  • Short-term leagues

These best fantasy sports events are held in the Fantasy Tour format. Each new week, the participants can pick a new team, competing with other managers. Such short-term leagues are mainly held with a prize pool. The fund itself is formed by individual contributions. The amount of prize sum varies in each league. There are championships in the winner-takes-all format.

Major League Fantasy

That league of leagues was founded in November of 2012 (Courtesy of major league fantasy sports). MLF introduced crucial innovations to the scene, allowing users not only to play short-term fantasy for real funds but also to become part of the community of fellow enthusiasts. MLF’s intention is to stay ahead of the competition.

Since its foundation in 2012, MLF has integrated the social network into a gambling platform, which Merl has identified as a distinctive fantasy sports figures feature between itself and competitors. Now fantasy fans can play against their friends, which was not necessarily the case before the creation of MLF.

In the near future, MLF will keep combining traditional partnership and sponsorship initiatives together with digital marketing and the “high risk/high reward game”.

Fantasy Sports Gifts

Since more than 45 million individuals worldwide play fantasy time sports, the chances that you or someone you know likes to compete in fantasy sports events are pretty high. However, discovering the perfect fantasy product for those who play this virtual game can sometimes be difficult.

So, we present you several options - fantasy sports gifts for 2022:

  • The Fantasy Baseball Black Book 2022

Fantasy baseball season officially starts with the release of Fantasy Baseball Black Book 2022! Joe Pisapia and his team are back in 2022 with a stunning release of the 18-time #1 bestseller.

Features of Fantasy Baseball Black Book ’22 with a special FS logo are:

  1. More than 500+ athlete profiles with full RPV description
  2. 100 Potential Customer Profiles for Dynasty League
  3. Draft strategies of different formats
  • The Fantasy Football Black Book 2022

For the 5th year in a row, The Black Book has been ranked 1st in both football and fantasy sports products on Amazon, and this season it has returned more loaded than ever before! Joe's revolutionary player evaluation tool has changed the fantasy sports girls game, and for the 19th NFL Black Book, Joe has assembled a real Pro Bowl roster!

  • 2022 Fantasy Football Consistency Guide

The 2022 Fantasy Football Consistency tutorial focuses on the importance of consistency when drafting and managing your fantasy sports define compositions! So, Bob Lung has gained national recognition for that exclusive strategy and has helped many fantasy football owners improve their team's outcomes and lead it to the playoffs and Fantasy championships.

  • Fantasy Football Tools Subscription

Fantasy sports websites participants are always seeking advanced tips and analytics that can give them an edge. No matter what they’re doing, players need the best fantasy tools to help them figure out the dynamic fantasy landscape.

And so, you can choose several premium fantasy services that allow you to get a subscription to their software. These tools will help you to win with the best fantasy sports team names.

If you're willing to spend some C$ on a fantasy football-style present, you should consider signing up for RotoPass. That impressive platform is unique in that it combines several fantasy sports services, giving users access to all of them at a lucrative discount.

  • Gift certificates and cards

Why seek special gifts or rings for a fantasy sports fan that you think are decent when instead you can let him or her choose a present on their own! A fantasy sports gift certificate is a fallback option if you don't have any ideas at all. 

There are several companies that specialize in free daily fantasy sports sites products and also offer such cards.  These types of gift cards are a great option for those players who create their own leagues, as you can use them for buying all sorts of fantasy draft presents.

On Fantasytrophies.com they offer handmade awards to perpetuate the victory of real money fantasy sports competitions. They prefer to say that their trophies determine the leagues. When you and your best friend see the quality of such a product, you will understand its value in full.

The high-end products at FantasyTrophies can be a bit expensive, so buying one of their gift certificates can make a contribution to the purchase of one of those stunning trophies.

Make Money on Fantasy Sports

Daily fantasy sports websites bring together thousands of sports enthusiasts worldwide. This is a great hobby that allows you to use your sports knowledge in practice, communicate with other FS fans, and have fun. Moreover, fantasy sports bring you more vivid emotions from watching matches, as now not only the outcome of the game is so attractive, but also each athlete of the league individually. You are not just rooting for a particular club via a realtime fantasy sports app, you are rooting for the team that you created yourself, for your athletes.

However, it is often difficult for newcomers to get the rules of common fantasy sports. The confusing systems of drafting and replacing athletes, the need for participants to get together to pick players, and, most importantly, the long duration of matches — all this seems so complicated for newbies.

As for money, you can earn fiat cash or crypto in traditional fantasy sports. All you need to start making money playing daily fantasy sports at these venues is to go through a simple registration procedure, and learn elementary rules and scoring terms, after which you will be able to assemble your initial team.

Keep in mind that there are some daily fantasy sports sites, which accept users only from the USA or Canada, such as DraftKings or FanDuel. And there are some other sites, which do not offer fantasy sports options for real funds.

For those of you who are new to daily fantasy leagues or don't know how to invest in fantasy sports, we present a top list with tips on daily fantasy sports for dummies to help you get started:

  1. Make Sure You Use All The Rewards And Deals For Newbies In Daily Fantasy Sports

Make the most of the first deposit bonus, as most websites do not offer reload perks (re-deposit bonus). In addition to the first deposit bonus, big fantasy sports betting sites offer new players special beginner-only tournaments. Try out most of them.

  1. Never Make Conclusions About Your Playing Skill Based On The Results Of A Single Day Or Week

And that strategy applies to both winning and losing times. In the world of daily fantasy sports, variance is of great importance. Even the best participants have bad months (especially if they play in GPP tournaments), and, of course, a desirable prize can fall on every player all of a sudden.

  1. Create Separate Teams For Each Kind Of DFS

For GPP tournaments, study the stacking, and increase the variability. For no limit fantasy sports games, you should not use stacking, it is better to select safe options for lineups with the most valuable athletes.

  1. Begin With Face-To-Face And 50/50 Rounds

This way, you will be able to reduce the impact of variance on the outcome and minimize the setbacks that most often make newbies in real sports daily fantasy give up. Of course, you can play GPP matches to take advantage of the opportunity to quickly increase your total bankroll, but you should not rely on them in full.

  1. Join The Community

This way, you will increase your enjoyment of the FS game, as well as help you keep up to date with news, scripts, and strategies, which is very useful while making lineups. You will communicate with other gamblers, as well as rely on sound advice from more experienced players. Besides, you can visit different forums where you will find many interesting topics about realtime fantasy sports mobile for beginners.

  1. Do Not Attach Too Much Importance To The Athletes Who Are In The Top-Rated List On This Day

This thing only matters when playing in GPP tournaments. Pay more attention to meeting players with good value and a high ceiling.

  1. Pay Attention To Websites That Offer Projections To Players

This will help you in online fantasy sports betting legal activity for the first time. However, do not rely on those drafters completely, use your head when making a final decision about who to include in your own team.

  1. Understand The Difference Between A Rake And A Value

A really good player who just registers in a bunch of the most popular fantasy sports sites with high rakes is likely to lose their money, unlike a player with a much lower level of knowledge who is constantly looking for low-rake games (thanks to the structure or bonuses and rewards) and invests more money in tournaments with overlays.

  1. Have Fun With The FS Game And Enjoy The Entire Process

After all, daily fantasy sports is primarily a great entertainment format. Daily fantasy sports for newbies should be something interesting and impressive to make money fantasy sports. If you want to feel like you belong in the environment of daily fantasy sports, it is very important to enjoy watching the sport itself, learning news, current statistics, etc.

FAQ about Real Money Fantasy Sports Betting

What is fantasy sports?

Fantasy Sports is a virtual game based on real events in the world of sports.

Is it possible to play fantasy sports via mobile gadgets?

All the fantasy sports sites we recommend in the review above work well with smartphones and tablets. Those platforms are not just tailored for mobile devices but also offer applications, like Sleeper, that you can download and install on mobile phones and tablets. This app is compatible with a huge range of mobile gadgets, including Android and iOS. Once users perform sports fantasy app download, they will be able to use them to register, deposit money, participate in contests, and withdraw winnings.

Are fantasy sports matches available free of charge?

The best fantasy sports websites offer both paid and free options to play. Thus, newbies have many opportunities to master the games without risking their hard-earned money. However, fantasy sports platforms constantly encourage users to play for real cash, because it is impossible to win real money prizes by playing in a demo.

Can I play against my fellows?

The fun of playing the best fantasy sports apps is that you can play them against friends. You have the following options:

  • Pick your opponent on the main page of your fantasy sports website.
  • Challenge your friends via social media - Facebook, Twitter, or email.
  • Challenge your friends using the “Challenge by Username" option on the realtime sports fantasy site.
  • Allow the website to match you with another user.

What happens if a fantasy sports game is postponed for now?

It depends on the sport’s specifics and a particular league. In the case of National Football League (NFL) events, participants will be awarded points for all postponed tournaments played on Wednesday and earlier. If we take Major League Baseball (MLB) contests, for example, fantasy sports global players will receive points only if the match is postponed to a later day. As for the NHL, NBA, and CB competitions, users will receive points only for matches postponed to the next day.

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Henry Thornton

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Henry Thornton

Updated: 2023-06-29