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Daily Fantasy Sports and Sports Betting: Similar or Distinct?

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    Fantasy sports are online prediction games that allow users to create their virtual teams and earn money online based on the performances of players in sports like cricket, football, basketball, and many others. Fantasy sports platforms have revolutionized the overall gaming industry with a unique and innovative product offering.

    In recent years, many people have earned a lot of money through sports fantasy apps with their skills and knowledge about cricket but people still think that daily fantasy sports and sports betting are similar. The reality is quite different because there are a lot of differences between fantasy sports and sports betting that people need to understand.

     

     

    Following are the points that will give more clarity about the differences:

    1. Skill-based fantasy sports vs luck-based sports betting: In fantasy sports, you first have to analyze the match by looking into all the factors that might change the course of a match. Like in fantasy cricket league, you have to keep track of the weather report, pitch conditions, playing XIs, the recent form of the players, their past stats, and many other things. After analyzing all the factors, then you will create your teams and even then also, you've to pick you captain and vice-captain for the fantasy teams because they can earn you some extra bonus points and increase your chances of winning. But when we talk about sports betting, you just wait for the outcome of the real-event because your winning is dependent on the outcome of the match.
    2. You can join the contests in fantasy sports leagues without any entry fees: If you're unsure about your skillset while taking part in any fantasy league, you can join the contests for your practice without giving any entry fees. But in sports betting, there is nothing like practicing, either you play for money or don't play at all. In fantasy sports apps, you'll find many contests where you can join for practice and check if you're performing well in those leagues.
    3. Fantasy games are not dependent on the outcomes of real matches: Unlike sports betting, when you join a contest in any fantasy league, you create a team by including the players of both teams, hence you're not supporting a team but the set of players. The main motive while creating the team in a fantasy league is to make the best possible combination of players. As I wrote in the above-mentioned point, playing fantasy sports involve considerable skill, judgement and discretion of the individuals. But in sports betting, the final outcome is what all it matters.

    Due to the flexible nature of daily fantasy games, it also seems more feasible to understanding for every person and even if you don't have much knowledge of the game, you can easily play and learn the game in a shorter span of time. These are all the reasons why daily fantasy sports are legal in most countries but sports betting, with its pure nature of gambling is not permitted in every part of the world.