Best Online Fantasy Sports Betting Site Bonus & Promo Codes


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30% Rakeback

Best Fantasy Sports Betting Bonuses Online 2024

Fantasy sports betting sites typically do not offer rakeback, as the concept of rakeback is more common in traditional online poker and casino gaming where fees (rake) are collected from players. However, fantasy sports betting platforms offer a range of other incentives and promotions to attract and retain users.

Instead of rakeback, fantasy sports betting sites may offer:

  1. Deposit Bonuses: Similar to sports betting and casino sites, fantasy sports platforms may provide deposit bonuses to incentivize users to fund their accounts. These bonuses typically match a percentage of the user’s initial deposit, providing them with extra funds to use for drafting teams and entering contests.

  2. Free Entry Contests: Many fantasy sports sites offer free entry contests as a way to introduce new users to the platform and encourage them to participate. These contests allow users to compete for real prizes without risking any of their own money.

  3. Promotional Contests: Fantasy sports platforms often run promotional contests with larger prize pools or unique formats to generate excitement and engagement among users. These contests may feature special events tied to real-world sporting events or holidays.

  4. Rewards Programs: Some fantasy sports sites have rewards programs that allow users to earn points or other incentives based on their participation and activity on the platform. These rewards can often be redeemed for cash bonuses, merchandise, or entry into exclusive contests.

  5. Referral Bonuses: Fantasy sports betting sites may offer bonuses or rewards to users who refer friends or family members to the platform. These bonuses can vary in size and may include cash bonuses, free entry into contests, or other perks.

While fantasy sports betting sites may not offer rakeback like traditional online gaming platforms, they provide a variety of other incentives and promotions to enhance the user experience and reward active participants. Whether it’s through deposit bonuses, free contests, or rewards programs, these platforms strive to create a rewarding and engaging environment for fantasy sports enthusiasts.

What is the difference between Fantasy Sports Betting and real Sports Betting?

The main difference between fantasy sports and normal sports betting lies in how they are played and the outcomes they focus on:

  1. Fantasy Sports:

    • In fantasy sports, participants create virtual teams composed of real players from a specific sport, such as football, basketball, baseball, or soccer.
    • These virtual teams compete against each other based on the statistical performance of the real players in actual games.
    • Participants in fantasy sports leagues draft their teams before the start of the season or a specific period, selecting players within a set budget or through a draft process.
    • Points are awarded to fantasy teams based on the real-world performance of the players they have drafted. For example, in fantasy football, points might be awarded for touchdowns, yards gained, or defensive plays.
    • The goal of fantasy sports is to assemble the best-performing team and compete against other participants in the league for prizes or bragging rights.
  2. Normal Sports Betting:

    • Normal sports betting involves placing wagers on the outcome of real sporting events, such as the winner of a football game, the total number of points scored, or specific player performances.
    • Bettors place their wagers with a bookmaker or sportsbook, either online or at a physical location, and receive odds on their chosen outcomes.
    • If the outcome they bet on occurs, they win money based on the odds offered by the sportsbook. If the outcome does not occur, they lose their wager.
    • Sports betting encompasses a wide range of bet types, including moneyline bets (betting on the winner), point spread bets (betting on the margin of victory), totals (betting on the combined score), and proposition bets (betting on specific events within a game).

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