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Fantasy Football Who To Start Gambling And Bans
Demographics
According to the FSTA, approximately 41 million people play fantasy sports every year with an average age of 34.
18% of the market is held by teens, an important demographic because over 80% of all users say they are likely to continue playing for at least the next decade and more than 40% say they will play for life.
80% of all team managers are male. 89.8% of them are white and 51.5% are not married. 78% hold a bachelor's degree or higher, making the majority of team managers an upper middle class earner with a median income between 60-100K.
League Manager And Gambling
Many leagues are composed of friends, family, co-workers and even strangers that are in the fantasy league to prove who is the greatest couch coach. Millions upon millions of dollars are won and lost each year in fantasy league betting.
Some leagues managed by players in the leagues while other leagues are run by independent businesses. The Federal government has determined that fantasy league gambling is not a "game of chance" and as such is not illegal, however, alterations to the rules can cause a fantasy league to skew too far into chance and lose federal protection.
At the state level, many states, including Arizona, Iowa, Louisiana, Montana and Vermont have banned certain activities related to fantasy football, such as collection of league fees and payout of winnings, when done so online.
Florida has an outright ban on all fantasy football, though how the ban is enforced appears to be unclear. Fantasy football continues unabated in all of these states, so it appears none of these regulations have any effect.
Other Wagers And High Stakes $250,000
Some Fantasy Football leagues wager things other than money, such as the loser of the league has to get a tattoo, and that tattoo has to be of what the winner of the league wants.
The only thing that the loser gets any say in is the location of the tattoo. The owners of the teams have to sign a contract before the season to agree to the punishment if they lose.
Other high-stakes leagues offer prizes of US $250,000 to the ultimate champion.
All individual players
There are a few dynasty leagues that follow the NFL's roster model and score all possible NFL players at all individual positions.
Offensive linemen (OL) are scored by total yards and points minus sacks given up.
Fullbacks are partially scored as offensive linemen because of their blocking duties.
Kick and punt returners are scored by yardage and touchdowns. Punters are scored by net average and punts inside the 20 yard line.
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