First of all, what are fantasy sports? Some people refer to them as casino games, but if you stick to the definition, you’ll easily understand why they’re not. In fantasy sports, you are the manager of a team that you can make with whatever real players are active in the industry that year.
For example, let’s say you play fantasy football. You could make a team that includes stars like Beckham (too bad he’s retired though), Ronaldo and Ibrahimovic. As you can see, you can cross league and nationality lines to create the best team possible. Once your team is ready, you will battle other players who did the same thing.
The winner is determined based on the real life performances of those players. This is where it gets interesting. You have to know the leagues, the individual players and the team itself (if you choose one that already exists, like F.C. Barcelona for example). So, this game is not based on chance. The knowledge and skills of the player are rewarded with real money.
Going back to what I said in the first paragraph, fantasy sports can’t be categorised as gambling because no bet is made. You are just being rewarded for winning a game. Providers say that the fee you pay to enter a game is not a bet. Still, there’s plenty of debate about this issue. What’s for sure is that fantasy sports are not being regulated as gambling activities yet because most countries lack legislation that mentions online casino games in general, not to mention fantasy sports specifically.
In order to succeed you have to focus your efforts on a certain league and even more, a specific team. Some fantasy sports providers don’t allow you to create a dream team, so you have to stick to the ones that already exist. Your job is to understand how that team interacted with other teams from the same league in the past and to use that to your advantage.
There are a few key points to consider when making a draft. The most important question to ask yourself is what player would best fill that position? You also have to understand peer value, meaning the value of a player in relation to others who play the same position. It’s basically the gap in talent. You can use cheat sheets with built in peer values or you can do the math yourself but you need a good understanding of statistics for every player you want to draft.
Don’t fall into one of the most common pitfalls: update your lineup for the upcoming week. Forgetting to do so is one of the worst mistakes you could make because you might have an injured player or someone could be on a bye week.
Whenever in doubt, you are allowed and actually encouraged to ask other fantasy team managers who are not in the league you play in. This way, knowledge is collectively gathered and put on display for anyone who’s interested in learning more.