With the start of the NBA season underway, NBA fans across the country are lining up to play fantasy basketball. The two most popular formats used are the fantasy leagues throughout the season and the daily NBA fantasy contests. Both formats are available online on popular sports sites such as Yahoo.com, NBA.com, DraftKings.com, and FanDuel.com, among others. Each format requires a different approach, which offers a little something extra for players of all experience levels.
NBA Fantasy Leagues
For years, fantasy sports leagues have been organized for the benefit of managers who wish to manage their own team through the rigors of an entire season. While most leagues are played for fun, some league commissioners will run leagues with entry fees and cash prizes distributed at the end of the season.
The process begins with an organized draft. The most popular draft format is the standard “snake-draft” where a player’s draft position is determined by toss. For returning goalkeeper leagues, draft positions may be determined by the manager’s ranking in the previous season. In recent years, auction projects have grown in popularity. With this format, each manager receives a bankroll, which is used to bid on players until their roster is full.
In both formats, each manager must draft a full squad of players depending on the league setup. Most leagues have up to 10 positions on the start list as well as bench players. Depending on league rules, managers can move players on a daily or weekly basis. The score is determined by the league rules and the competition takes place every week. Towards the end of the season, the teams with the best overall records head to the playoffs, which typically cover the final 2-3 weeks of the NBA regular season.
Daily Fantasy NBA Contests
For managers who enjoy their fast and furious action with making money online, popular fantastic sites provide access to daily contests. These daily contests come in various formats which are listed on the website. Managers can choose to compete one-on-one with a smaller pool of managers ranging from 2 to 25 candidates. These contests are typically designed and published by one of the participants who then opens the registration process to any participant wishing to enter depending on the contest setup. Registration fees range from $ 5 up to $ 1,000 per participant. While some contests are winners, contests with more than 10 entrants may offer small consolation prizes. In all competitions, the fantasy sports site will charge a fee (usually 10%) to cover administrative costs and profits.
The other popular format is the sponsored contests provided by the website. These contests typically have thousands of entries with huge guaranteed prize packages in the offer for a relatively low entry fee. The greater the participation in these contests, the greater the number of paid places will be. Prize packages can include large cash prizes, consumer goods, or special event prize packages where something like a Super Bowl weekend might be at stake. Many times managers can earn an entitlement. free entry by winning smaller satellite contests along the way.
Contest rules and scoring parameters are provided by the website. Each manager receives a salary cap (normally $ 50,000) to use when selecting players. Each player who is scheduled to play on a given night will be assigned a salary cap value. Obviously, the better the player, the higher the value. The team structure is generally PG, SG, SF, PF, C, G, F and UTIL.
Now that you have a general idea of how to play fantasy basketball, it’s time to join the fray. If you choose to participate in daily competitions, you have to remember that many managers have a lot of experience, which can put you at a disadvantage. The bottom line is that you should never put more money on the line than you can afford to lose.