Fantasy sports is a business that has grown into a billion-dollar industry. One of the reasons for this 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.