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Is Bitcoin Fantasy Sports seen as gambling?
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Fantasy Sports

Is Bitcoin Fantasy Sports seen as gambling?

Date Published: 2nd April 2020
Fantasy sports are games played on the internet, the users assemble virtual teams but with the real players of professional sports. Then they compete based on the real life performance of the players' in actual games. The points are calculated based on the rule of the games and winner selected.

While playing Fantansy sport, it should be noted that there are different skills to be considered, the game is almost like being the manager and president of a sport club except it is a virtual game. Several options should be considered when bidding for players as it would be a factor for you winning.

While playing Fantansy sport, it should

Bitcoin are now used to play fantansy sport on almost all the betting sites, the need to play with Btc came as a solution for betting sites as financial institution set transaction limits, some financial institution don't accept betting sites as they see it as illegal, Bitcoin is also one of the fastest way to send money, some betting sites offer zero transaction fees with unlimited free daily transactions, whereas traditional currency has some limits and transaction fees.

Playing fantasy sports with Bitcoin should not be referred to as gambling. It is the same as using your money to play, the only difference is the use of crypto currency. Take note that fantansy sport is not gambling, the games are played on actual performance of real life players so why call it gambling?

Playing fantasy sports with Bitcoin should

An instance is a real life football club, what do they do? They hire a manager, sports director and other coaching staffs, they also buy players, then they train these players. Why do they do these? Their goal is to win the league, champions league or any other cup, is this considered as gambling? No, even after winning the league they are paid money for they efforts. Fantasy sports should be seen this way. A player should be seen as the president of his club, also the manager of the club, he selects players by buying them with his money, btc or any other method which is done real life, now he has to determine the kind of players he buys so as to win the league, he has to know each player's ability, physically, mentally and other attributes, all these procedures require certain skills or else the user ends up picking the wrong players and ends up losing. If the user is successful he ends up winning the fantasy league and earns money. Note all this will not be possible without his skill. Sport clubs also earn money for winning their league so it should considered as the same thing.

The world is evolving and new ways of making money are also introduced, fantansy sports is also a way of making money and also building your knowledge. We have online casino games like roullette or free slots, these are games of luck which could be called gambling but fantasy sport should not be called gambling as it requires you being at your best for you to win.

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