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Fantasy Sports Grow From Pastime To The Future Of Sports
Gone are the days when fantasy sports were a casual pastime for sports fans. This sports format is now hitting big – in fact, a billion dollars! You might not believe it, but this industry is predicted to generate more than $1.7 billion in revenue by 2017. But the story doesn’t end there – around 35 million people have practiced fantasy sports last year and IBIS World expects these numbers to increase by 90% over the next five years.
This revolution in this industry is due to the digital age. After the creation of the smart devices, the permanent access to the websites offering fantastic sports platforms has become quite easy. There are countless websites, apps, podcasts, and blogs dedicated to this topic. The demand for information on this new sports format has never been higher as the whole industry is booming!
It all starts with a registration on one of the famous fantasy sports sites. ESPN, Yahoo, CBS Sports, Fox Sports and many other options are available. These sites offer you the platform, advice, predictions, analysis and all the other things necessary to win in any competition. You can either choose a standardized public league or create your own private league with friends or colleagues. Once you are done, you can create your team with the desired name and players.
Once you’ve built your team and started participating in various competitions, you need to keep an eye on the news. Because league activity stays fast and changes accordingly as players get injured, promoted, or demoted during games throughout the season. If you miss a player’s news, there’s a greater chance you’ll get punched in the face by one of your competitors. Due to this constant demand from the news media, businesses and advertisers cash in on the heavy traffic generated by the industry.
According to the Fantasy Sports Trade Commission (FSTC), an average gamer spends 3-8 hours a day playing games on fantasy sports websites. Free platforms further reinforce this trend due to which online traffic is increasing and revenue is skyrocketing.
This is the future of sport. It’s a booming new trend that currently shows no signs of slowing down. The new era of sports fans is here and the commercial industry has already been aware of their presence!
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