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Topic: Crypto Gambling and Fantasy Sports - A Gap in the Market? - page 2. (Read 290 times)

legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
There is a gap now and it will continue to be for some time in the future too.The reason is that real gamblers are obsessed with sport betting,slot machines,dice,poker,blackjack and roulette which are traditional games.Fantasy sports are rather new compared to the traditional games so they have not yet a wide public from the crypto gambling players.
full member
Activity: 1750
Merit: 118
I don't really agree with the author because I read an article that says that fantasy sports are in high demand among rich people. In addition, as correctly noted sportbettor there is more than one site offering betting services in the world of fantasy sports. Of course, if you compare it to poker or blackjack, it's a drop in the ocean.

only rich people ? i think this is true because im not rich and i cant understand how this game works but there are still non rich people that are smart and can probably understand how this game works and bets arent going to be super expensive so they can still participate on it . on the other hand card game , casino game and sports betting are indeed much popular and easy to understand for the majority of the people and the other reason is these games are in real time not just a fantasy . thats why there is a gap between them and fantasy sports / betting  .
legendary
Activity: 3374
Merit: 1922
Shuffle.com
I don't really agree with the author because I read an article that says that fantasy sports are in high demand among rich people. In addition, as correctly noted sportbettor there is more than one site offering betting services in the world of fantasy sports. Of course, if you compare it to poker or blackjack, it's a drop in the ocean.
Fantasy sports in general is indeed high in demand and well known but not all countries view it the same way as the others. As Avikz pointed out the list from sportsbettor only had fiat sportsbooks and the gap on crypto sportsbooks is really big since they're forced to block some of those big countries and those countries are usually the ones that's causing fantasy sports to become this big.
legendary
Activity: 2310
Merit: 2073
I don't really agree with the author because I read an article that says that fantasy sports are in high demand among rich people. In addition, as correctly noted sportbettor there is more than one site offering betting services in the world of fantasy sports. Of course, if you compare it to poker or blackjack, it's a drop in the ocean.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I think the casino has not touched the fantasy sports, making its fans of that game is hard to search for where they can play crypto fantasy sports. But I am sure that if the casino knows about that and wants to attract more attention from the fan, they will announce it to the public, and they will invite some fan to test the demo.

Perhaps, that is a big gap for the fan, but I don't think that is a gap for most gamblers, as they already have their favourite games. So I think the fan needs to be patient for a while.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
Does this mean people who are allowed to bet aren't too bothered by fantasy games? If so, I can see why crypto sportsbooks haven't put any effort in here. As they allow anyone anywhere to bet, customers would just head straight for the standard sports markets and there wouldn't be such a big appetite for anything fantasy related.
Yes, I know sportsbet used to have fantasy sports for quite a while and they'd sometimes give out free bets just so you can give it a try with less risk. Here's one of the promotions they offered back then, unfortunately they had to remove it since not many are interested on fantasy sports. They always have lobbies prepared for the upcoming games but there's not enough players joining unless there's a promo.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
I agree that the niche has yet to be filled, but I don't see how this could be very bad considering there are currently thousands of betting modes to choose from, with Fantasy betting only being one of those. If you consider it that way, you would see that it is not that really relevant, and in my honest opinion, fantasy betting already reached its peak last 2014 and it's all downhill from there.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
There certainly is. Perhaps there also isn't enough demand from crypto-gambling enthusiasts and regulars since most are focused on casino-based games such as dice, slots, poker, roulettes, and what have you. It's nice to see actual fantasy sports bookies on the crypto scene, given its recent rise in popularity. But again, no sportsbook would include this if there isn't enough demand to make it a viable addition to their platform. It'll take resources and funds for advertisements on its initial launch, too, so it's really hard to make it work currently, but hopefully soon we get it.
legendary
Activity: 3080
Merit: 1500
See the List of the best Daily Fantasy Sports Sites here: http://100bookies.com/daily-fantasy-sports-sites-eng/

Op is seeking crypto enable fantasy gaming sportsbook. The list you have shared are fiat sportsbooks. I couldn't check draftkings though as it has blocked traffic from my country. But for remaining 4 sportsbooks, I didn't see any mention of cryptocurrencies.

I don't think we yet have a crypto enabled sportsbook which allows you to bet on fantasy sports. At least not that I am aware of. So possibly it is a gap in the market and hopefully we will shortly see some cash rich casinos leaping into the gap!
member
Activity: 773
Merit: 17
See the List of the best Daily Fantasy Sports Sites here: http://100bookies.com/daily-fantasy-sports-sites-eng/
newbie
Activity: 25
Merit: 1
Being an avid fantasy sports player myself, I was a bit disappointed to see no crypto sportsbook offers fantasy sports betting.

There's a huge market for fantasy sports when using real money (DraftKings, IPL Fantasy Premier League) and even free games (Fantasy Premier League), but no crypto sportsbook has taken the lead and offered anything of the like.

Looking at the demographics of fantasy sports, it's predominantly played in countries where sports gambing is banned. For example, in USA and India fantasy sports get around gambling laws, allowing users to experience the thrill of betting. Does this mean people who are allowed to bet aren't too bothered by fantasy games? If so, I can see why crypto sportsbooks haven't put any effort in here. As they allow anyone anywhere to bet, customers would just head straight for the standard sports markets and there wouldn't be such a big appetite for anything fantasy related.

On the other hand, a critical market for crypto sportsbooks are places where sports betting is banned. One way to target such markets is to offer things they're more familiar with, for example fantasy sports markets and games.

Surely this is a big gap in the market which a sportsbook can pounce on? I'm surprised no one has of yet.

Do you think fantasy sports are just be a phase that have already peaked? Or are they hear to stay - and if so why are no crypto sportsbooks offering anything here?

If you're interested I did write a blog post going into greater detail about this here - https://bitedge.com/blog/fantasy-sports-with-crypto/
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