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Fantasy sports go from a hobby to the future of sports

Posted on by admin

Gone are the days when fantasy sports used to be a casual pastime for sports fans. This esports format is now seeing huge success, a billion dollars in fact! You may not believe it, but the industry is forecast to earn more than $1.7 billion in revenue by 2017. But the story doesn’t end there: around 35 million people played fantasy sports last year and IBIS World hopes these figures to increase 90% over the next five years.

This revolution in this industry has come due to the digital age. After the advent of smart devices, permanent access to websites that offer fantasy sports platforms has become quite easier. There are countless websites, apps, podcasts, and blogs dedicated to this topic. The demand for information on this new sports format has never been higher because the entire industry is booming!

It all starts with a registration on any of the famous fantasy sports sites. ESPN, Yahoo, CBS Sports, Fox Sports and many other options are available. These sites offer you the platform, tips, predictions, analysis and all the other things that are necessary to win in any competition. You can choose a standardized public league or you can start your own private league with friends or co-workers. Once you are done with this, you can create your team with your desired name and players.

Once you have formed your team and started participating in various competitions, you need to be aware of the news. Because league activity remains fast-paced and changes accordingly as players get injured, promoted, or relegated during games throughout the season. If you miss news about a player, you’re more likely to get punched in the face by one of your competitors. Because of this constant requirement for information, media companies and advertisers are cashing in on the huge traffic the industry generates.

According to the Fantasy Sports Trade Commission (FSTC), an average gamer spends 3-8 hours a day while playing on fantasy sports websites. Free platforms are further driving this trend as online traffic is increasing and revenue is skyrocketing.

So this is the future of sports. It is a new trend on the rise that currently shows no signs of slowing down. The new era of sports fans is here and the corporate industry has already been made aware of its presence!

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