Are you an avid sports fan that watches “Sports Center” every morning instead of the news?
Do you watch the rookie combine because there is nothing else on even though you probably have over 100 channels with your cable subscription?
Then I’m guessing you’ve seen multiple commercials for DraftKings and their one day fantasy sports leagues, and even though their commercials are kind of goofy, their games are serious business.
If you haven’t checked it out I’m sure it’s because you have a few questions so I’ll try to answer them for you.
So what is DraftKings and how does it work?
If you are like me you are probably skeptical that playing fantasy sports will turn you into a millionaire like the people in their commercials. While the odds of that actually happening are really slim, obviously, there is a chance to make money there. A lot of it depends on how much you are willing to risk, and for the sake of entertainment alone, the site is worth checking out.
DraftKings offers one day contests where you draft your team everyday while staying within the preset salary cap. It’s pretty simple and I’ll break it down for you a little more so you understand how it works. (Check out our DraftKings Review for even more information)
You are given $50,000 (their salary cap) to spend on your team and you need to fill the entire team with a fantasy roster while staying under this amount. If you take the superstars of the sport you are playing, you have a lot less to spend on the rest of your team.
Players are like stocks and the better they are playing the more they cost. The salary cap is a way of leveling the game out because it wouldn’t be that fun if everyone could just take the top players of their respective sport.
If you take a few superstars you now need to find players that are cheaper to fill the rest of your team out. The great thing about DraftKings is there are no season long commitments and you only play when you want. Your year isn’t over if your superstar gets hurt because you can draft a new team everyday when you decide you want to play.
Games are really simple and there are quite a few different options out there. You can play someone heads up (one on one) or you can play in a tournament against many people. Tournaments are just like they sound where there are multiple people playing, and the higher you place, the more you can win. DraftKings also offers double up games and 50/50 games where you play against up to 500 teams, and all you have to do is place in the top half to win. It doesn’t matter if you finish first or 250th in these games because they all pay the same.
You can find the game that you like the best because they even offer leagues which range between 3 players to 100 players with different pay out structures if you prefer not playing against a few thousand people in the big tournaments.
The buy ins for these games range from “Free to Play” to thousands of dollars so you can play for as little or as much as you want!
It doesn’t matter if you want to play for free for fun or if you want to quit your day job and play fantasy sports for a living, DraftKings caters to both of those options and is a great place to start.