Fantasy Sports Live
FantasySportsLive.com is my favorite new fantasy sports website. Players can log in and participate in daily sports contests for real money, and it's completely legal and secure. You can even fund your account there with PayPal.
The site doesn't offer season long fantasy leagues. Instead they offer daily contests that compress the fantasy sports experience from months into hours. Not only is it fun to play this way, it's also convenient and affordable. You don't have to fool with trade fees or lots of management activity. These games are sprints as opposed to marathons.
Fantasy sport games
At the time of this writing, they're offering multiple fantasy baseball contests every day, with buy-in's as low as $1 and going up to $20. Most contests have between 2 and 10 participants. Their contests are divided into no cap and salary cap versions. I think the version with the salary cap is more fun, because then it becomes less a game of picking the best players and more a game of asset allocation.
They have plans to offer fantasy football and fantasy NASCAR contests in the near future too.
Signup bonus and deposit options
You can deposit at Fantasy Sports Live.com using PayPal, Visa, Mastercard, or American Express. The minimum deposit is $20, and the maximum deposit is $600. Use the bonus code "BIGFAN" to receive an additional bonus amount in your account based on the size of your deposit:
- $10 bonus with a $50 deposit
- $20 bonus with a $100 deposit
- $30 bonus with a $200 deposit
Guaranteed prize pools
Another advantage to playing the games offered on Fantasy Sports Live are the guaranteed prize pools. The contest fees are structure similar to a sit and go poker tournament's entry fees. You pay a fee to play, and the site keeps a percentage of the total fees and pays out the rest in the form of prizes. But with the contests at Fantasy Sports Live, the prizes are guaranteed, even if the contest doesn't fill up.
For example, if you're playing in a 6 person contest with an entry fee of $10 and a prize pool of $50, if only 3 people sign up, the prize pool stays $50, even though the site didn't receive $50 in signups. That extra $20 is called an overlay. When you can find a situation like this available, then you're dealing with a positive expected value. In other words, you can make a profit even if you're not super sports savvy.
Live contest scoring
You can watch the scores for your team update during the games. Fantasy Sports Live receives their sports data from The Sports Network, which is a leading sports stats provider.
Cap versus no cap drafts
In contests with a salary cap, you're given a budget to purchase players with. This forces you to pick and choose your players wisely, with an eye for how you allocate your assets. More skill is required in this type of draft. The daily salary for each player is based on the player's actual salary.
No cap contests allow you to pick any player you want for any position, with no restrictions based on salary.