Any industry that fails to pursue innovation eventually dies off. Conversely, reiterations and continuous improvements characterize the most profitable sports industries. The fantasy sports game industry has invested heavily in innovation in recent times.
Millions of investment funds are being poured into startups and companies looking to create the next best things. The efforts are paying off, with the industry witnessing unprecedented growth recently. The growth is evident in both the money and the number of users. One major hotspot for fantasy sports growth in India.
The fantasy sports industry has a potential $320 billion on the table in 2025. Being a beneficiary of such global market valuation requires participation in the most innovative games. Hence, the need for this article.
What Makes Fantasy Sports Games Unique?
A fantasy sports game involves creating a virtual team comprising real-world players. Assembling this team requires statistically sound, tactical skills in your chosen sport. Else, the work done will be a waste of time.
Also, in many quarters, a fantasy sports game is gambling. From being partially termed ‘gambling,’ you’ll expect many people to stay away from the games. However, about 20 million people play fantasy sports games in India alone. This number infers that players find some things unique about the industry.
Thanks to the uniqueness, playing fantasy sports games for money is fun. Here are some reasons for the fun.
The adrenaline Rush
One of the most crucial experiences in fantasy sports is the adrenaline rush. Sometimes, the rush leads to addiction for players. Setting up a team based on real-life players’ performance is the peak of probabilities. There’s no telling what may happen to a real-life player in-game.
Beyond the unpredictability of outcomes, knowing something others don’t know can also be thrilling. In every fantasy sports game, you have to analyze stats before deciding. Making a decision based on secret knowledge while aiming for potential vindication is a rollercoaster ride, and many people enjoy it.
Emotional Involvement in Every Match
For instance, you don’t feel involved when you are watching a football game where you have nothing at stake. The game is often meaningless to you, especially if none of the teams is your favorite. But, if you participate in fantasy sports soccer, things change. Thanks to money, you’re more involved in the games, week in, week out.
You get to care about more than one team – because your striker is from one team, your midfielder, goalkeeper, etc., from others.
People who don’t engage in online gaming will find these realities irrelevant. But for active gamers, fantasy sports is everything.
Understanding the Different Categories of Fantasy Sports Games
Fantasy sports is a vast industry. Most times, a company can’t cater to more than one sport at a time. So, platform providers tend to niche down. Hence, in the quest to identify the most innovative fantasy game, knowing some of the sub-categories is vital. Of course, these categorizations are unofficial, but the very best game apps you’ll find fall in one of these.
Crypto fantasy sports games
Crypto fantasy sports games are those built on blockchain technology. The category also includes games not entirely built on the technology but leverages it in some parts of its operations. One of the most innovative crypto sports fantasy games is CoinFantasy.
The gaming platforms in this category are intentional about giving players surreal experiences. Beyond this, there are numerous ways for players to make money. Also, crypto fantasy sports game apps provide ownership opportunities through game tokens.
Fantasy sports league
The biggest fantasy sports league in the world is Fantasy Premier League. We coin this classification to depict season-long competitions. For instance, Fantasy Premier League is free to play, with no direct financial rewards in-game. However, users can come together to create season-long points accumulation competitions with defined monetary prizes.
There are weekly team selections for points in such fantasy football game leagues. In some other sports, the selection last season-long. Hence, know how the leagues function before you commit to a sport.
Daily fantasy sports
A daily sports fantasy game is a short-lived competition. The competitions may last days or hours, with appropriate team selections. The frequency of team selection is high in this category. Hence, it’s best for players looking for winnings in the short term.
Except for the duration of the competitions, daily fantasy sports aren’t different from other fantasy sports games. One standard functionality is the maximum amount of virtual money players can spend on assembling players.
eSports is an industry that has grown to become a force to reckon with. You can be an athlete with eSports just by sitting behind the computer. Your asset isn’t your physical body but your brain and hands. To establish its place as a professional sport, fantasy eSports was established.
In a fantasy eSports game, you set up a virtual team of real esports stars currently participating in tournaments or leagues. The real-time performance of such players results in points for your virtual team.
What are the Most Innovative Fantasy Sports Games?
Choosing the most innovative fantasy sports game depends on your interest. The underlying gameplay for this platform is similar, but the conditions are different. Hence, you have to know whether you’re interested in crypto games, league games, daily games, or eSport games.
CoinFantasy is the most innovative crypto fantasy sports game. Unlike other crypto fantasy apps that focus on traditional sports, CoinFantasy gamifies the crypto-stock market. As a decentralized platform where you can earn through play-to-earn, you have no financial downsides. Even when you don’t win a competition, you don’t lose money. Such an innovative business model is worth your time.
Fantasy Premier League
Fantasy Premier League is the largest in the world for a reason. With millions of people finding a way to enjoy financial rewards for the gameplay, it tops the list of the most innovative football fantasy platform.
FanDuel has the daily sports fantasy game industry on lock. Built in 2009, the website is home to America’s largest fantasy sport. The company has more than 6 million registered users, a number on a growth trajectory.
Thanks to technology, drastic innovations are coming to fantasy sports gaming. Hence, to maximize the industry, you must know the best games to play. There are numerous fantasy sports game apps; you can’t play them all. So stick to the innovative ones; start with CoinFantasy.
Frequently Asked Questions (FAQs)
The best fantasy sports are football, baseball, volleyball, hockey, and basketball. These sports have a large following worldwide, with millions of fans willing to invest time and effort into participation. Your interest will determine the best fantasy sport for you.
Fantasy sports games are online gaming platforms where you create virtual teams of actual players. These games aim to earn points. The points are based on the real-life performances of the players you choose. For some, there are financial rewards. For some other apps, there are none.
Under the Indian Public Gambling Act, there are standard criteria to determine a legal or illegal game. For example, it is permitted if the game involves players leveraging skills like statistical analysis. However, if gambling is solely based on luck and gut, then such is illegal in India.
According to federal law, fantasy sports being classified as gambling is subjective. Therefore, if a qualitative skill is involved in playing the game, it’s not gambling. If not, it is gambling. Hence, before getting started with any game, be sure of what your country’s law says about it.
Fantasy sports are online prediction games involving the assemblage of a virtual team comprised of real-world players. Based on real-life player statistics, you can earn fantasy points. When your player performs well in real-life, it reflects in-game for you and vice-versa. Fantasy competitions involve playing against other managers.