Fantasy Sports: Staggering Stats
States where fantasy sports games for cash are banned:
- Arizona
- Iowa
- Louisiana
- Washington
- Montana
(Source: http://espn.go.com/chalk/story/_/id/14799449/daily-fantasy-dfs-legalization-tracker-all-50-states )
According to Daily Fantasy Sports website FanDuel:
- Average contest entry fee: $6.31
- Average payout per entry: $22.43
Fantasy Sports, especially daily competitions, have been booming exponentially since their start:
- 2011 Quarter 1:
- $1.4 Million in Entry Fees
- 3,158 paying players
- 2012 Quarter 1:
- $6.3 Million in Entry Fees
- 11,115 paying players
- 2013 Quarter 1:
- $19.9 Million in Entry Fees
- 39,289 paying players
- 2014 Quarter 1:
- $62.7 Million in Entry Fees
- 110,032 paying players
(Source: https://rotogrinders.com/articles/fanduel-making-key-company-numbers-available-to-the-public-283577 )
Daily Fantasy Sports Stats for 2015:
- Amount paid out in prizes for professional football bets: $700 million
- Estimated amount paid out in prizes across all platforms and all sports: $1.68 Billion
- Estimated amount in entry fees taken across all platforms and all sports: $1.85 Billion
- Average entry fee cost: $5.41
- Estimated combined profit of all fantasy sports platforms: $166 million
(Source: http://www.superlobby.com/lowdown/superlobby-yearly-lowdown-2015)
