Unstoppable Growth of Fantasy Sports (Infographic)
With March Madness in the Valley, we decided to share a different type of blog. How many of you are into Fantasy Sports? Here is a look into Fantasy Sports…
Fantasy sports is a phenomenal business that has grown into a billion-dollar industry. One of the reasons behind the popularity of fantasy sports is the fact that fans feel like they have a real stake in the performance of their players and teams. Sports lovers like to see themselves as strategists, as they create a fantasy football, basketball, baseball, or hockey team. They can trade players, adjust their team, and execute their best course of action. Fantasy players pay an entry fee ranging from $50-$100, leading to an average of $465 per player, annually. With their money on the line, players have an even bigger desire to win, which extends beyond watching an actual gameplay. This also adds to the huge money prizes that reach up to $2 billion.
Fantasy sports have changed the sports experience. Leagues and networks note increased viewership and fans are given the opportunity to get more involved in their favorite sport.
Take a look at the infographic created by the Betting Sites team and discover more about this rising industry. From Overview, Demographics, Trends, Major comparisons between fantasy and real sports, impact on business reality, highlights and news including participation by sports, a look into the fantasy sports market and which states fantasy sports is legal and which ones are not. Sources are listed at the end.
Written by Raj Vardhman, Betting-sites.me.uk
Submitted by Josh Wardini, Community Manager at Webmastersjury