This page lists active sports betting, tipping and fantasy competitions. Scroll down the page or use the quick links below to view each promotion.
Draftstars Daily Fantasy Sports
Draftstars is the leading daily fantasy sports operator in Australia. It offers contests for the AFL, NRL, MLB, NBA, NFL, NHL, soccer, golf and cricket.
Daily fantasy sports (DFS) is a type of sports fantasy game where members pay an entry fee and compete in a contest against each other by building/drafting a squad for an upcoming fixture (or list of fixtures) whilst remaining under a salary cap. Points are earned based on the real-life performance of the selected players. As opposed to season-long competitions, daily fantasy sports games last for a short-period of time, such as one day of competition (e.g. Saturday AFL matches) or one specific fixture (e.g. Collingwood vs. Hawthorn). The winners receive a share of a pre-determined pot which is funded by the entry fees. A portion of the entry fees go to the DFS provider, which is how the service is funded. This fee is often called a rake.
Contest entry fees at Draftstars typically range between $2 and $50, with typical prize pools on the weekend ranging from $300 to $100,000. The number of participants to win a payout varies from contest to contest and largely depends on the number of participants.
Below is a screenshot of the player selection area of an AFL game. For most sports you are required to select a certain number of players per position. Points scoring form data is provided for each player to help you make your selections. Your salary cap is displayed, along with the salary cap space remaining as you make your selections. For those who like to use spreadsheet software to help formulate their picks, form data for the players in each contest is available as a .csv file.
SportChamps Racing and Sports Tournaments
SportChamps offers betting competitions on Australian racing as well as popular sporting events.
For any given competition you are allocated virtual currency called ChampCash. Most tournaments give you $10,000 to spend, with the requirement that you spread those funds among at least 5 bets of $250 or more.
The profit you achieve from your virtual bets determines your place on competition the leaderboard. Your placing determines your competition winnings. The competition winnings are linked to your ladder standing only, not to your actual ChampCash profit amount.
Most tournaments have multiple places that are paid out. There are three types of payout structures:
- Top % tournaments: These have a pre-determined percentage of participants that will be paid out some prize money. The two most common percentages are 25% and 40%. The higher your standing, the more prize money you will receive.
- Double up Tournaments: In these tournaments, the top 45% of participants will receive double their entry fee as a payout. Everyone who receives a payout will receive the same amount.
- Winner takes all: In these tournaments there is only one winner, who receives the entire prize pool of the completion minus the SportChamps commission.
Purchasing an entry to a tournament gains you one initial allocation of ChampCash. If you lose this ChampCash, and the tournament rules allow it, you can purchase a “rebuy” which gains you another allocation of ChampCash. To remain eligible for a payout, you must place a 5 bets per rebuy upon re-entry into the tournament. The number of times you can rebuy for any given tournament is determined on a tournament by tournament basis. These details are displayed on the competition info page.
You can purchase more than one entry into any given tournament. Each entry is treated separately and is displayed with a number next to your name in the leaderboard. For example: your first entry would be “username”, your second entry would be “Username (2)”, etc.
There is also a social element to the competitions where tournament participants can communicate with each via chat and instant message. There is also the ability for a group of friends to create their own private tournaments.
SportChamps makes money by taking a cut of the stakes raised and distributes the rest as prize money.
In terms of scale, the paid competitions range from $2 entry fees to $100 fees. The prize pools range from $50 for free tournaments to $5,000 for the $100 competitions.