Most fantasy leagues are seasonal, weekly, or daily. Seasonal leagues are the most common type of fantasy competition because they give you more time to manage your team and make any necessary changes. They also allow you to monitor your team throughout the season.
However, daily and weekly competitions are becoming more popular. These competitions are usually shorter, lasting only a week or a day. This can be a good option if you don’t have time to participate in a seasonal league.
So why do people play fantasy sports? Yes, it’s fun, but there’s also a way to make money. Fantasy sports betting can be divided into cash games and tournaments.
Cash games can be played head-to-head, where you are up against just one other person, and the winner doubles their money. Another method of playing for cash is to play in large groups, where the top 50% of players receive money at the end of the season.
Tournaments, also known as 'guaranteed prize pool' events, typically have higher stakes than cash games. Some US fantasy sports betting operators guarantee a prize pool of $1 million. Tournaments have significantly fewer winners than cash games.
With a larger prize pool, the competition really heats up. So, it’s important to have a game plan that goes into them. When choosing players for your tournament roster, you want to target players with a high level of edge. These are players who have the potential to score a lot of points even if their match isn’t perfect.