How to Claim Bonuses at Fantasy Sports Sites
Fantasy sports are gaining popularity by the moment in spite of debates on whether fantasy sports should be considered to be gambling games or not.
Majority of the US states do not hold fantasy sports to be gambling games as skill and strategy are required to win at fantasy sports.
Moreover, the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 does not mention fantasy sports in its list of gambling games.
Fantasy sports sites, therefore, do not even require a gambling license to operate.
Similar to Casinos and Poker Rooms
The best fantasy sports websites offer several promotions and contests based on a wide range of US sports, including college football, NFL, NBA, college basketball, MLB, hockey, golf, and even the mixed martial arts. They also welcome new players with a wide array of bonus offers and delight existing players with loyalty bonuses, rakeback offers, and cashback offers. Most of them also have VIP programs to reward their loyal players. These websites run freerolls, leader board events with enormous prizes, major contests with million-dollar prizes, and much more.
Deposit Bonuses at Fantasy Sports Sites
Fantasy sports deposit bonuses are similar to casino or poker deposit bonuses. They are gifts of real money given away as percentages of players’ deposit amounts. This percentage is usually 100% or 200%. In rare cases, it may be more than 200%. New as well as existing players who have just made their first deposit are considered eligible to receive these bonuses.
Needless to say, fantasy sports deposit bonuses are associated with a wide range of terms and conditions that need to be taken into account before accepting them. A player can claim them only once, and they are not offered to players residing in states where paid fantasy sports contests are considered illegal.
Usually, fantasy sports websites do not credit the bonus into players’ accounts right away. Instead, the bonus is credited to players’ real money accounts in increments as and when they take part in paid fantasy sports contests. For example, whenever players at Yahoo! enter a paid daily fantasy game, 4% of the entry fee of that game is credited to their account as bonus. This continues till the entire bonus amount is paid. To illustrate further, if players pay a fee of $25 to enter a fantasy sports contest at Yahoo!, $1 will be credited to their accounts as bonus.
Other Fantasy Sports Bonuses
Fantasy sports websites continuously offer cashback and rakeback to loyal players. Another exciting variety of bonus that can be claimed at fantasy sports websites is the refer-a-friend bonus. For example, Fantasy Feud offers a refer-a-friend bonus of $10 for every friend referred by players.