1. Fantasy Sports Betting Stocks
2. Fantasy Sports Betting Sites
3. Fantasy Sports Betting Australia
4. Fantasy Sports Betting Legal

BATON ROUGE, La. (AP) — Businesses that want to operate fantasy sports betting in the 47 Louisiana parishes that approved it two years ago can start applying in February, under action by the state gambling board Thursday.

The Louisiana Gaming Control Board adopted the final regulations and licensing application needed for the online cash prize competitions to start later this year, as early as April or May.

Fantasy Sports Betting Stocks

Maj. Chuck McNeal, with the Louisiana State Police’s Gaming Enforcement Division, told the board that fantasy sports contest operators can start submitting the applications Feb. 19. He said the suitability investigations conducted by the State Police usually take 60 days to 90 days to complete before an entity can appear before the Louisiana Gaming Control Board for a gambling license.

Fantasy sports is a way of sports betting where you draft the real-life players in an online contest and score based on their actions in the actual games. We explained above how fantasy sports work in great detail.

Fantasy Sports Betting Sites

Under that timeline, fantasy sports betting operations could be up and running by the spring, if the gambling board approves their licenses.

In fantasy sports, people create imaginary teams of real-life sports players and score points based on how those players perform in actual games. Websites such as DraftKings and FanDuel charge an entry fee and offer payouts to winners.

Fantasy Sports Betting Australia

Voters in nearly three-quarters of Louisiana’s 64 parishes agreed in the November 2018 election to legalize fantasy sports betting. Lawmakers have since set the tax rates and the regulatory process. All that remains are the licensing decisions for individual operators from the Gaming Control Board.

Participants in the competitions have to be at least 21 years old. The games only will be permitted in parishes where voters authorized it, but anybody will be able to log into the online sites if they travel to those parishes.

Fantasy Sports Betting Legal

• New FanDuel customers can receive a $1000 risk free bet after their first sportsbook deposit or up to a $500 bonus on fantasy with their first deposit. FanDuel offers daily fantasy contests for cash prizes & legal wagering on sports betting markets for all major sports.
• Daily fantasy sports and traditional sports betting both put you in competition against other people. People often say sports betting is played against the house, which although true to an extent, does not take into account all the other bettors out there who are also researching their wagers, placing bets and impacting the lines.
• Maximum bet is 22 Euros, you can only bet if the match is a draw, home win or away win, and single game betting is restricted to a few high profile games, normally you have to bet on at least 5 games with.