Have you ever wished you could manage your very own professional sports team? Well, you can when you play New Jersey daily fantasy sports. You can draft your teams and let them compete against the teams that other NJ fantasy sports fans have assembled. Daily fantasy NBA, daily fantasy NFL, and daily NHL fantasy teams are immensely popular. Of course, you can create rosters for almost any sport you can think of, including eSports.
Playing Daily Fantasy Sports – How Does it Work?
The main idea is simple. The players you draft earn points based on their performance. You win if your team amasses more points than the competition. The amount of prize money usually depends on how much you paid to enter, and how many teams are in your particular pool. You can compete in small leagues or against thousands of other competitors. Either way, New Jersey daily fantasy sports is a great alternative to traditional sports betting.
Fantasy Sports Basics
One of the most common types of fantasy league gives you a set salary cap to work with. This makes it nearly impossible to simply stack your team with superstars. There’s not a lot of skill involved in that. Savvy New Jersey fantasy sports players need to find those diamonds in the rough that come cheap. For every high-priced Leon Draisaitl or Connor McDavid a daily NHL fantasy player picks, they’ll need to find a less talented and cheaper player. You really need to do your homework and spend your fantasy salary cap wisely.
Once you have your roster in place, you can enter it into a league. Entry fees and payouts vary. Make sure you enter a daily league that suits your budget and offers a prize that you feel is worth the effort. While paying $2 to join a six-team won’t make you rich, the same buy-in could net you tens of thousands of dollars if you join a large league.
Different Types of New Jersey Daily Fantasy Sports Leagues to Play
The great thing about NJ fantasy sports is that you can create a team for almost any sport. NASCAR, golf, baseball, and soccer are popular. However, basketball, football, and hockey generate the most interest among New Jersey fantasy sports players.
The NBA regular season starts in October and ends in April before moving into the playoff rounds. This gives daily fantasy NBA fans over 8 months of fantasy basketball bliss. Most managers want stars like Giannis Antetokounmpo, James Harden, and LeBron James. But it’s those who can successfully complement the stars with productive sleepers that normally find success.
The NFL generates a ton of sports betting action. It’s also immensely popular with fantasy sportsters. From September through January, daily fantasy NFL is the topic of conversation at water coolers throughout the state. Fantasy players discuss the pros and cons of adding certain players to their roster for the upcoming week’s games. Fantasy NFL is a little different from other mainstream sports in that there is a full week between games. This gives fantasy players more time to study the angles.
The New Jersey Devils might not be the most lucrative team to bet on these days. However, Kyle Palmieri and Nikita Gusev have been producing points at a steady pace and could be wonderful additions to any daily NHL fantasy team. Even though Travis Zajac’s lost a step or two, he can still rack up points under the right conditions. It’s your job as a New Jersey daily fantasy sports manager to figure out what those ideal conditions are.
Types of DFS Contests
Games like poker and blackjack have a few things in common with fantasy sports. As with the card games, luck definitely plays a role in fantasy sports. Still, devising the best daily fantasy strategy involves an equal amount of skill. Another similarity is that fantasy sports also come in a variety of forms.
- Small Leagues: The poker equivalent of single table cash games, regular leagues consist of a handful of teams. Depending on where you play, the competition can range from a heads-up scenario up to about a dozen teams. Once again, the prize structure is determined by the number of contestants and the buy-in.
- Large Leagues: Large leagues have the potential to yield huge cash prizes from a minimal buy-in. Some even offer guaranteed prize pools. These tournaments also tend to pay out more players.
- Heads Up: Pit your fantasy GM skills against one other manager in a head-to-head fantasy battle.
- Double Up Tournaments: These tournaments are great for beginners because they just have to finish in the top half to win double the buy-in amount. Triple Up and Quadruple Up tournaments follow the same logic.
There are also a few different ways to conduct your player draft. As mentioned, the salary cap structure is most prevalent. Let’s say you have $100,000 to work with. A superstar player might cost you up to $25 or even more while a fringe player might cost you just a couple of bucks. Spend it wisely.
Snake drafts are also common. After completing the first round, the league’s draft order is reversed. If you had the number one pick in a 6-team league, you would pick first in the first round, last in the second round, and back to first for the third round.
Best Daily Fantasy Sports Sites
Fantasy sports is a niche market. While a few sportsbooks offer fantasy sports, the vast majority don’t. Fortunately, New Jersey fantasy sports enthusiasts have a few excellent sites to play at. They are legal, loads of fun, and they offer bonuses and promotions similar to those at online sportsbooks and poker sites.
FanDuel has evolved into one of New Jersey’s top sports betting sites, but they also stick to their roots by offering all sorts of fantasy sports. The site features daily fantasy NBA, NFL, MLB, NHL, soccer, WNBA, and golf. FanDuel offers everything a fantasy sports junkie could want and has paid out over $4.5 billion since it launched in 2010. Sign up now and You’ll get a $5 bonus.
FanDuel recently launched its real money betting site. Discover the FanDuel Sportsbook.
NJ fantasy sports gurus will be in their glory when they see how much fantasy action DraftKings delivers. This titan of the New Jersey fantasy sports scene offers fantasy:
- NCAA Football
- NCAA Basketball
Since taking the fantasy sports world by storm in 2012, DraftKings has paid out over $7 billion in cash prizes. Make your first deposit of at least $5, and DraftKings will give you free entry into any $3 contest.
The company has also launched its sports betting site. Find out more about the DraftKings Sportsbook.
Monkey Knife Fight
Monkey Knife Fight is fantasy sports with a twist. Instead of drafting teams and competing against other managers, you predict whether individual players can reach certain targets of your choosing. For instance, will Tom Brady pass for more than 250.5 yards? Will Tyreek Hill accumulate more than 99.5 passing yards? The loftier your target, the better the payout. With this type of innovative format, you don’t have to compete against other players and there are no salary caps. Monkey Knife Fight covers the following:
Open a new account, make a deposit, and Monkey Knife Fight will match it up to $50.
New Jersey Daily Fantasy Sports Regulations
New Jersey daily fantasy sports were officially legalized in 2017. Any DFS site that wants to operate in the Garden State must obtain a permit from the Division of Consumer Affairs. Because New Jersey considers daily fantasy sports to be a game of skill, no gambling licenses are required. Operators are charged a flat tax rate of 10.5% on gross revenues. The site must also have at least one server in Atlantic City and only accept players that are over 18.
How To Get Started Playing Daily Fantasy Sports
If you’ve ever wondered how to DFS, you’ve come to the right place. It doesn’t matter if you want to play daily fantasy NBA, daily fantasy NFL, or daily NHL fantasy, knowledge and being able to accurately predict player performances are key. Search the internet for daily fantasy advice and other helpful tips. Of course, having lady luck on your side helps too.
To get started, decide what fantasy sports you’d most like to participate in. Then, find out which reputable DFS sites offer them. You should also consider other factors such as bonuses, promotions, and the average amount of the house’s take. Once you have found the right site, it’s time to open an account and make a deposit. Now the real fun begins.
Select your sport and decide which type of tournament you’d like to enter. Let’s say you want to enter a daily fantasy NFL competition. Typically, you need to draft a team consisting of a quarterback, a pair of running backs, two wide receivers, a tight end, a flex player, a kicker, and a defensive team. If you entered a salary cap league, you’ll have to fill the entire roster without going over the cap.
If you are using a snake draft, get ready to pick your team. Before you do, plan your daily fantasy strategy by studying the available players. Many sites are dedicated to dispensing helpful daily fantasy advice. Pay special attention to one-on-one matchups, injuries, and recent performances.
Now that you have drafted your team, you can sit back and watch how your team fares against your opponents. Have fun, and may the fantasy gods be with you.