Online Fantasy Football Interest Surging

Published Sunday, August 30, 2009 - Online-Casinos.com

According to the "dictionary" Fantasy football is a game in which participants assemble an imaginary team of real life players and score points based on those players' actual statistical performance or their perceived contribution on the field of play. Usually players are selected from one specific division in a particular country, although there are many variations.

There are huge numbers of "fantasy football leagues", in the U.K. as well as just about everywhere else, yet, even though they are free to enter, there could be charges for using your credit card at cash withdrawal interest rates and possibly some monthly fees, that are small that help increase the pool at the end of the competitions.

It looks as if the money generated by the rake on this and the fees the banks are making is driving a big economy that the USA Department of Justice is staying away from for now.

Time magazine printed recently that the average charge for a player entering a fantasy football league is $73.

While there are sites that offer free basic services, many, charge a fee to minister to the league's drafting and scoring needs. Participants have a chance of winning the grand total prize collected an approximate 78 times out of a hundred and up to over 90% for certain sites. Similar to Poker you have to provide an amount of money up front as an entry fee and when all statistics are calculated, the winner takes all. All and for the most part a good form of fun that can cost you if your on to a good thing and use your credit card. It is not known to most consumers that many U.K. banks started implementing back in 2007 the policy of putting gambling transactions through as "cash" and then charging accordingly.

Related news

Return to Latest News