Fantasy sports is a multibillion dollar industry that has turned into a huge, yet underrated, phenomenon with participants from all over the world, who create virtual teams with real players from their favourite sports.
Although many view it as betting, in the US and Canada fantasy sports are deemed games of skill, not games of chance. That’s why they have a legal status, as opposed to pure sports betting. These and other interesting facts marking the history of this cultural phenomenon are artfully presented by Betting Sites.
Today there are serious worldwide competitions with fantasy sports leagues with huge cash prizes to be won, reaching the billions.
Fantasy sports began in the 1950s when the first fantasy sports teams came about. It started as a game for picking players and then running a contest based on their performances across tournaments. As its popularity grew, it began to spread all throughout popular sports – such as football and baseball – and in the 1980s it really took off and was modernized.
With the major Internet boom in the 1990s and early 2000s, fantasy sports took off like never before. Today, more than 59 million people are playing fantasy sports in Canada and the USA alone. It takes place in schools, among friends and mostly online.
The major question on many people’s lips is whether or not fantasy sports are similar to betting. Yes, in many ways, fantasy sports are similar to betting, but it is still very much a game of skill rather than a game of chance because it involves a huge amount of research and strategy.
If you want to learn more about fantasy sports, check out our infographic below!
Check out the original source article here.
Although many view it as betting, in the US and Canada fantasy sports are deemed games of skill, not games of chance. That’s why they have a legal status, as opposed to pure sports betting. These and other interesting facts marking the history of this cultural phenomenon are artfully presented by Betting Sites.
Today there are serious worldwide competitions with fantasy sports leagues with huge cash prizes to be won, reaching the billions.
Fantasy sports began in the 1950s when the first fantasy sports teams came about. It started as a game for picking players and then running a contest based on their performances across tournaments. As its popularity grew, it began to spread all throughout popular sports – such as football and baseball – and in the 1980s it really took off and was modernized.
With the major Internet boom in the 1990s and early 2000s, fantasy sports took off like never before. Today, more than 59 million people are playing fantasy sports in Canada and the USA alone. It takes place in schools, among friends and mostly online.
The major question on many people’s lips is whether or not fantasy sports are similar to betting. Yes, in many ways, fantasy sports are similar to betting, but it is still very much a game of skill rather than a game of chance because it involves a huge amount of research and strategy.
If you want to learn more about fantasy sports, check out our infographic below!
Check out the original source article here.
Moonlighting as a blogger to pursue my interest and enjoyment of sports. Former high school and Division I athlete (now a "retired" family man) that loves watching and discussing all sports. Follow me on Twitter (@HoldoutSports) and like Holdout Sports on Facebook.
