As the government continues to crack down on online betting sites, U.S. gamblers find themselves looking for new ways to make money betting on UFC and MMA. While there are still online betting options available, fewer and fewer sportsbooks are offering action in the United States. Luckily, though, there’s a new and exciting way to make money betting on UFC. Fantasy sports for real cash prizes are a growing, and completely legal, alternative to traditional betting methods. At sites like DraftKings.com, you can make money betting on UFC with no worries about breaking the law. It’s fun, easy, legal, and most of all profitable.
What is Draft Kings?
Draft Kings is the worldwide leader in fantasy MMA for money. At Draft Kings, you pay an entry fee to enter games, pick a team like in most fantasy sports, and then compete against other players for cash prizes. Draft Kings offers fantasy-style betting on UFC, NFL, NBA, MLB, and every other major sport. Fantasy betting combines the fun and strategy of fantasy sports with the potential profitability of online betting.
How Does it Work?
In many ways, Draft Kings is set up like most traditional fantasy sports leagues. The main difference is that, while a normal fantasy league runs the length of a season, the games on Draft Kings take place over a short duration. That means you can play whenever you want with no long-term commitment, and only wager money when you feel totally confident.
A Draft Kings UFC game covers one UFC show or pay per view. To enter a game, you pay an entry fee which can range from $2 to $200 or more. Everyone who participates in a game is given a “salary cap” of $50,000 dollars. Each fighter on the scheduled card is assigned a salary value, and players must assemble a “team” of five fighters while staying under the salary cap. Generally, heavy favorites will have a much higher salary value, which means that finding likely winners at a good value is the key to success.
Once the event starts, live scoring is available online. The fights are scored similarly to other fantasy sports, with point values for things like takedowns, significant strikes, and reversals. Large point bonuses are awarded for winning, with additional bonuses for type of victory or finishing a fight early. At the end of the event, the scores are combined, and the player with the highest composite score is the winner.
Can I Make Money?
Yes! Every year, Draft Kings pays out more than $1 Billion in prizes. With a wide variety of price points available, you can wager as much or as little as you want. Since you’re competing against multiple other players, the payouts are generally many times larger than the initial wager. Think of it like a parlay bet, except that one loss won’t necessarily ruin your chances of a victory. For educated players who know the strengths and weaknesses of all the fighters, the salary cap system provides a way to generate extreme value against the droves of casual players who are experimenting with a popular new form of fantasy sports. While it’s not quite the same as online UFC betting, Draft Kings represents the fastest, safest way to make money betting on MMA.
Best of all, most of the games pay out to all of the top finishers, not just the winner, sort of like a Sit and Go in poker. That means that, even if you come up a little short of first place, you can still get a return on your wager.
What Else Does Draft Kings Offer?
In addition to UFC, DraftKings offers fantasy wagering on every major sport, including:
- Premier League Soccer
- UEFA Champion’s League Soccer
- NCAA Football
- PGA Tour Golf
- NCAA Basketball
New players at Draft Kings can enjoy a variety of bonuses. When you sign up and make your first deposit, you will get a free $3 game entry, and Draft Kings will match your initial deposit up to $600! That means a free chance to try the games and an extra $100-$600! With that kind of extra cash, the potential for profit is very real.