What happens when tens of millions of fantasy-sports players are suddenly able to bet real money on real games? We’re about to find out.
Just how much did it catch on? Today, roughly 60 million people in the U.S. and Canada play fantasy sports. India has 100 million players, with cricket the most popular sport. Here, the most popular sport is football — and the new NFL season is getting underway, just so you know. But you can also play fantasy baseball, basketball, hockey, soccer, cycling, tennis, golf, e-sports, you name it. Those 60 million people play for fun, they play for pride, and they play for money. Fantasy revenues in the U.S. alone are around $8 billion a year.