Do You Have To Use Money To Play Fantasy Football

Plus: How many work hours a week do people spend on their fantasy teams—and what percentage of players pay fellow league members to help them crook?!

With nigh 75 million people playing fantasy football all across the US, sometimes it's hard to tell what folks like more: Watching actual football games or trying to vanquish their friends in fantasy.

But playing fantasy football game isn't merely about the sweetness of victory for most people, in that location'south as well the chance to win some sweet cash. So every bit fantasy football leagues across the country concord draft parties and set up for their season, we wanted to know simply how much money people are spending—and winning—by playing fantasy. That's why nosotros conducted a survey of over 600 fantasy football players nationwide to become the skinny on how much they are paying to play.

Our results found that people are by and large spending responsibly when it comes to fantasy football, with a median league buy-in of $50. Of course, responsible spending also means less exciting prizes, as players reported a median first place prize of only $350. Sure that's nothing to sniff at, but it might just signal that money is not the primary motivating factor behind playing. $350 won't terminal you lot long while bragging rights last a full calendar year.

Of course, for most fantasy football game players, playing in a league means losing money. And for the vast majority of business owners, having employees that play fantasy football game means losing money to unproductive work hours. To wit: A whopping 96.6% of fantasy football game players surveyed said they spent fourth dimension at their job working on their fantasy team, with a reported average of 6.nine work hours spent on their team per calendar week. That's almost a full workday lost!

Check our survey results in the infographic below, then keep scrolling for some additional breakdowns, including a fun little behind-the-scenes story that led to our most surprising answer …

(click prototype to expand)

How much practice league members pay to play?

In most leagues, players have to offer a purchase-in in guild to participate. The winner of the league so collects most of that pot at season'south end. Oft, the second place finisher is also awarded a portion of the pot, while the third identify winner is rewarded with having their buy-in returned to them. The size of the pot is determined past the size of the buy-in and the size of the league itself.

When it comes to the average dollar amounts for purchase-ins and payouts, plus the average number of members in each league, our survey results broke down as follows :

• Median number of people in a league: 12
• Median buy-in: $50
• Median first place: $350
• Median 2nd place: $150
• Median third place: $50

If y'all and your friends want to play fantasy football but you lot don't have a ton of spare cash, no worries! Restructuring your league fees is one of the means y'all can play fantasy football game without breaking the depository financial institution.

Fantasy football drafts tin can be spendy affairs.

While some fantasy football game leagues just hold an online draft, many others consider the draft to be an excuse to get together and political party. Some go actually all-out with it, but even the more modest drafts can be quite the thing. As such, league members volition usually all pitch in money to fund the draft party every bit well as spend some additional dollars on their own food, drink, and transportation.

According to our survey results, the boilerplate amount that each fantasy football player spent on their league's typhoon political party was $131. Adding in a $50 buy-in, the average toll of participating in a league is already at over $180—and the season hasn't even started! All the same, most of the costs with a league come up front, and the months of enjoyment that league members can get for their participation brand it a pretty efficient spend.

Players should rethink their draft strategy.

There are currently so many fantasy football game heads out there cranking out quality content that information technology can be totally overwhelming to try and settle on a strategy. Still, there is one affair that pretty much every good agrees on: Don't typhoon a quarterback first.

The reasoning is simple. There are a lot of quarterbacks in the NFL putting up great stats, and in that location is only i starting quarterback slot on each fantasy squad. Meanwhile, at that place are far fewer running backs with huge fantasy numbers and, likewise, at that place are two running back and wide receiver slots on each squad. Aiming for summit running backs and receivers volition put you at a far greater advantage than targeting a great QB.

And withal, here were the results when we asked players which position they drafted first:

• 56% pick a Quarterback first
• 25% selection a Running Back first
• 10% pick a Wide Receiver first
• 3% choice Defense force/Special Teams first
• 4% selection a Kicker first
• 2% pick a Tight End first

Yikes. If you are serious near winning your fantasy league's pot—or at least getting your purchase-in back past finishing 3rd—then y'all seriously need to avoid drafting a quarterback in the first circular. On this blog, we talk a lot nearly how people need a strategy if they want to have control of their finances, and the aforementioned goes for playing fantasy football … simply a strategy that involves picking QB start is probably non a strategy worth following.

Oh, and if you are part of the seven percent of players who drafted a defense/special teams or a kicker showtime, just go ahead and set your money on fire. Thanks.

Punishments for finishing terminal weren't too sadistic.

The punishment for finishing final in your fantasy football league is a pretty proficient measure of what kinds of friends/coworkers you've managed to surround yourself with. Good for you competition is dainty, just overly cruel or unusual punishments for terminal-identify may be a sign that yous should get some new friends or start applying for new jobs.

Luckily, nearly of the punishments from our survey respondents were pretty normal stuff. Common punishments included:

• Buying drinks or a repast for everyone else
• Hosting and paying for a Super Bowl party
• Displaying a loser bays of some kind
• Wearing a rival team's jersey

Some respondents, however, reported forcing the loser to become a tattoo of the winner's choosing. Wow. If this is the penalisation called for the loser of your league, then we wish y'all luck. Seriously.

A lot of workers spend A LOT of work hours on their fantasy teams.

Having an role fantasy football league tin be a nifty manner to build camaraderie amongst coworkers. Unfortunately, information technology tin also exist a fantastic way to lose a lot of homo-hours to your employees working on their teams instead of, well, their actual work.

96.6% of fantasy football players who responded to our survey reported that they spend time at their job working on their fantasy football game squad. They also reported how much time they spend working on their team: An average of6.ix hours per week.

Given that the average workday is viii hours long, that ways that the average player is spendingabout an unabridged working mean solar day per week on fantasy football. On the other hand, coworkers are as well potentially getting extremely upset at each other over bad trades, close losses, and general tomfoolery … then really it'south a win-win?

And what if one of those players turns out to be a large ol' rotten cheater? What volition happen to office morale then? You might call back this isn't a problem in your league, but judging past our survey results, the odds are definitely not in your favor.

More players pay money  to cheat than we expected.

Please enjoy this peek behind the OppLoans curtain:

When we decided to run this survey, a few OppLoans employees had an impromptu meeting about what questions we should include. During this conversation, we got on the topic of how much coin people spend on their fantasy football squad in total. One employee, who shall remain nameless, mentioned that a common expenditure in her feel was paying other league members in order to trade for their skillful players.

The residue of us were aghast. This was clearly adulterous. Staring back at us with a cold, expressionless stare, she replied that there was absolutely goose egg wrong with this exercise, that she causeless anybody did it, and that she felt no remorse. We decided to include a question about paying other league members for trades in this survey in order to get to the lesser of the consequence one time and for all.

Well, judging by our survey results, at least some of horrified coworkers were actually lying liars wearing pants that most definitely on fire. An incredibly worrying 25% of fantasy football players surveyed reported paying other league members in order to grease a trade for a superior player. That'south one of out every iv participants!

In case you were wondering, our nameless coworker was very pleased with these results. The office fantasy football pool this flavour should be very interesting.

Source: https://www.opploans.com/oppu/articles/how-much-do-people-spend-on-fantasy-football/

Posted by: elliscrintel.blogspot.com

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