Fantasy Betting Game

In terms of fantasy basketball betting, you can bet on every single game of the NBA season, the playoffs and of course the NBA Championships. With 30 teams that each play 82 games just in the regular season, there’s no shortage of action to bet on with NBA fantasy gambling. When the oddsmakers release a betting line on a game, the first thing they do is decide which team should be the favorite and which should be the underdog. The favorite is the team that is expected to win the game and will get a minus sign next to its odds, while the underdog is expected to lose and gets a plus sign. The Unlawful Internet Gambling Enforcement Act was passed by Congress back in 2006. It created an exemption for fantasy sports. However, the daily fantasy sports industry has evolved since that time from a season-long contest to daily wagering. Only two states, Virginia and Indiana, have passed laws to regulate DFS.

Daily fantasy sports — a spin on traditional season-long fantasy sports contests — has been around since 2007. Many people just started hearing and learning about daily fantasy sports (DFS) in the past two years since the start of legal US sports betting. What is DFS, and what should you know about it?