Daily fantasy sports (DFS) apps are rapidly expanding into new states and international markets.
As the popularity of DFS grows, operators are adding new ways to enjoy fantasy sports. Market expansion also brings pitfalls in areas such as safety, security, and the legal landscape.
Here are some things users need to know about the expansion of Daily Fantasy Sports apps.
The legal landscape of Daily Fantasy Sports
DFS is legal in 45 states, with Nevada, Hawaii, Idaho, Montana, and Washington being the only five states that prohibit it. The apps will become more readily available as expansion continues, but just because a state offers legal Daily Fantasy Sports does not mean all DFS sites are available to players.
FanDuel and DraftKings are the leading Daily Fantasy apps, and both have expansion goals for their products.
Newer apps are popping up regularly, offering DFS options that vary. For example, there has been recent popularity for a kind of DFS-2.0 pick-em app that offers more player-versus-player and team-versus-team pick contests rather than traditional DFS betting. While these types of apps are increasingly available, some states have sought to ban them, arguing they constitute traditional sports betting rather than DFS play.
Safety and Security of DFS apps
As more DFS apps become available, additional safety and security issues arise, simply because there are more targets out there.
This creates an even greater need for security measures such as Know Your Customer (KYC) and multi-factor authentication (MFA). The new apps should implement these measures to protect the user's personal and financial information. Also, any legitimate DFS app should offer responsible gambling tools, such as spending limits and self-exclusion.
Advances in DFS technology
There have been major technological advances in recent years, especially in AI, and DFS apps have incorporated them into their products. Data analysis, AI-driven player and team recommendations, and real-time updates are now offered by many Daily Fantasy Sports apps. They can now offer a clearer predictive model for player performance, injury tracking, and optimized team lineups. These are tools for enhanced DFS play available to all users.
Younger players want more socially interactive, competitive, and fun DFS play. The expanding fantasy apps, powered by advanced technology, offer sports and strategy combined with social networking. Notifications and real-time updates are the norm now, as DFS apps expand into new markets.
Players can expect DFS to be more of a hybrid model that combines fantasy sports and sports wagering with media and social media consumption. In real time, players can now watch their favorite players and teams, manage them, make predictions, and compete with other players.
There are also more markets available across Daily Fantasy apps. This stems from expansion into new international markets that offer different sports, such as soccer in the U.K. and cricket in India. It also appears in various fantasy contests for other emerging betting markets, such as esports.
Final thoughts
Daily Fantasy Sports apps have come a long way since their inception. They are expanding into new markets and are offering their players many options. They have combined the love of sports with the latest technology to offer an immersive, social fantasy sports experience for fans worldwide.