You may not realize this but you can’t participate in traditional Daily Fantasy Sports (DFS) contests in Nevada. Yes, the state where it’s legal to wager on sports legally doesn’t have DraftKings, FanDuel or any of the other DFS sites.
They’re not banned in Nevada but DFS operators must have a gaming license in order to operate. You may have heard that DraftKings and FanDuel recently finalized an agreement to merge. That will happen in the future, but the fact remains they won’t be operating in Nevada any time soon.
The traditional DFS companies decided that they’d rather concentrate their efforts on keeping the games legal elsewhere instead of applying for a gaming license. The gaming license might have committed the companies to be gambling outfits and made them illegal in other states.
Ultimately, states like New York are more important in generating revenue. This decision makes sense since Nevada is a relatively small state.
DFS was dead to me once the money in my DraftKings and FanDuel accounts was returned. The Nevada Gaming Commission recently discussed how to approach DFS again. After minimal deliberation, they decided there wasn’t a need to change any laws or regulations regarding DFS. So, everything in Nevada remains the same. As far as we know, DraftKings, FanDuel and most other companies will remain closed for business in Nevada and Las Vegas. DraftKings and FanDuel may return someday, but it's really time to move on.
Having said all of this, daily fantasy isn’t entirely dead in Nevada and, specifically, Las Vegas. There’s a new DFS-style game in town that has been generating more interest by the week. USFantasy started operations just after the NFL season started and has grown in popularity every week. They’re not like the traditional DFS websites where you risk money (but not gamble) online. USFantasy is available in 40 casinos all around Las Vegas. However, you can’t wager on their version of DFS online or through those casino mobile apps. You have to physically walk into a participating sportsbook to play this form of fantasy sports.
USFantasy Sports is a skill-based, pari-mutuel wagering system, similar to horse race betting. This style of DFS combines elements of traditional sports betting with traditional DFS contests. Just like in daily fantasy, players score points based on their performance in a live game and participants can enter contests for athletes to Win, Place or Show among other multi-selection contests.
Additional wagers including Daily Double, Exacta and Trifecta vary per prop bet. There’s even a million dollar contest for NFL games each week.
The development of USFantasy has made their wagering options greater than the DFS websites. You can wager on all professional sports contests like the other companies but there are also prop bets available that you won’t find in the other games. For example, there are some contest props for fights where you can choose which round the fight will end, or the range of rounds that the fight might end. The wagering options are expanding every week.
I first wrote about USFantasy when it was legalized and have been impressed watching it grow over the year. Low rollers will especially enjoy USFantasy contests. You can place wagers for as little as $1. Daily Doubles and Exactas can offer really nice payouts for $1 and $2 bets. New gamblers will enjoy the low price to enter contests.
USFantasy is a great option if you’re looking for a new way to wager in the sportsbook. While it’s not traditional DFS that you can play at home, it’s a fun way to get a few bucks down on the games.