{"id":90352,"date":"2018-10-13T12:00:53","date_gmt":"2018-10-13T19:00:53","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=90352"},"modified":"2018-10-12T17:02:36","modified_gmt":"2018-10-13T00:02:36","slug":"draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/","title":{"rendered":"DraftKings to Find America\u2019s Best Sports Bettor in First-Ever Championship Event"},"content":{"rendered":"

It was only a matter of time before a bit of creativity started to creep into the sports betting scene.<\/p>\n

DraftKings (DK) has announced that it will hold the Sports Betting Championships, featuring a prize pool of $2.5 million.<\/p>\n

\"DraftKings\"
DraftKings continues its push to expand from daily fantasy to sports betting. (Image Souce: Fortune)<\/figcaption><\/figure>\n

Sports betting has been mostly a static affair for decades, dominated by Las Vegas sports books which were content with the simple act of setting lines and taking bets.<\/p>\n

But all that is changing now that the Supreme Court has overturned a federal law banning sports betting.<\/p>\n

Enter DraftKings,\u00a0which has been best known as a daily fantasy sports (DFS) operator. The company is now offering handicappers, whether they be professionals or punters, the chance to prove that they’re the best of the best in the burgeoning US sports betting market.<\/p>\n

Anyone at all can pony up and prove themselves; all you need is $10,000.<\/p>\n

Who’s the Best of the Bettors?<\/h2>\n

DraftKings became the first operator<\/a> to offer a mobile betting app in New Jersey after the state approved new regulations around sports wagering.<\/p>\n

Now it’ll be putting the app to good use for the inaugural betting championships.<\/p>\n

Here’s how the live event will play out in Jersey City, New Jersey.<\/p>\n

The entry fee is $10,000. Bettors can either win their way in via a number of DFS qualifying events available on the app, or they can buy-in directly.<\/strong><\/p>\n

Each entrant gets $5,000 to bet with.<\/p>\n

Starting Friday, January 11, competitors can wager any amount on any sporting event they’d like. However, Sunday’s bets need to include one or both of the NFL Divisional Playoff games.<\/p>\n

A minimum of $1,000 needs to be wagered by the end of Saturday, and an additional $2,000 bet on Sunday’s NFL action.<\/p>\n

\n

Whomever has the biggest bankroll at the end of the Sunday wins the $1 million top prize and the title of Sports Betting Champion, while second and third places will take home $350,000 and $250,000, respectively. Prizes will be awarded to the top-25 finishers.<\/p>\n<\/div>\n

Fast Out of the Gates<\/h2>\n

In the months leading up to the Supreme Court decision opening the door for legalized sports betting, DK was upfront in its intentions to aggressively pursue new revenue streams via the sports betting market.<\/p>\n

CEO Jason Robbins said the company would be “going after it,” and the early returns bear that out.<\/p>\n

While DK is still best known as a DFS operator, it’s quickly becoming a major player in the sports betting space.<\/p>\n

The company hit two million sports bets<\/a> just a few weeks ago, often taking as many as 100,000 wagers per day on NFL Sundays.<\/p>\n

Its executives have predicted that sports betting revenues will surpass DFS profits within three years.<\/p>\n

The entire DFS industry generated about $335 million in revenue in 2017. Meanwhile, Nevada’s sports books hit $248.8 million over the same period of time.<\/p>\n","protected":false},"excerpt":{"rendered":"

It was only a matter of time before a bit of creativity started to creep into the sports betting scene. DraftKings (DK) has announced that it will hold the Sports Betting Championships, featuring a prize pool of $2.5 million. Sports betting has been mostly a static affair for decades, dominated by Las Vegas sports books […]<\/p>\n","protected":false},"author":37,"featured_media":90385,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,1074],"tags":[],"acf":[],"yoast_head":"\nDraftKings to Find America\u2019s Best Sports Bettor in First Ever Championship Event<\/title>\n<meta name=\"description\" content=\"DraftKings is bringing something completely new to the sports betting space, as it will host the first-eve Sports Betting Championships this January in New Jersey.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DraftKings to Find America\u2019s Best Sports Bettor in First Ever Championship Event\" \/>\n<meta property=\"og:description\" content=\"DraftKings is bringing something completely new to the sports betting space, as it will host the first-eve Sports Betting Championships this January in New Jersey.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-13T19:00:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-10-13T00:02:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/gettyimages-491556570-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1706\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Cort Smith\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cort Smith\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/\",\"url\":\"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/\",\"name\":\"DraftKings to Find America\u2019s Best Sports Bettor in First Ever Championship Event\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/gettyimages-491556570-scaled.jpg\",\"datePublished\":\"2018-10-13T19:00:53+00:00\",\"dateModified\":\"2018-10-13T00:02:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/20db7dec4c6b349b19992217f9a7df7d\"},\"description\":\"DraftKings is bringing something completely new to the sports betting space, as it will host the first-eve Sports Betting Championships this January in New Jersey.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/gettyimages-491556570-scaled.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/gettyimages-491556570-scaled.jpg\",\"width\":2560,\"height\":1706,\"caption\":\"DraftKings continues its push to expand from daily fantasy to sports betting. (Image Souce: Fortune)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sports Betting\",\"item\":\"https:\/\/www.casino.org\/news\/sportsbetting\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"DraftKings to Find America\u2019s Best Sports Bettor in First-Ever Championship Event\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/20db7dec4c6b349b19992217f9a7df7d\",\"name\":\"Cort Smith\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/cort-smith-96x96.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/cort-smith-96x96.jpg\",\"caption\":\"Cort Smith\"},\"description\":\"Reporter \u2012 Sports and Sports Betting, Gaming Legislation, Global Casino Business, Canadian Gaming Industry Cort Smith joined Casino.org as a news writer in 2018. His media background began with the Global News Network in Canada, where he served as producer, reporter, and anchor between 2000 and 2016, working on national broadcasts. An avid fantasy football player, his work has also been featured on fantasy analytic sites like RotoViz.com and numberFire.com. Cort has been writing sports betting analysis for The Action Network since the 2018 NFL season kicked off as well. A passionate world traveler, he has spent extensive time in Asia, Australia, and the EU. He enjoys poker and is a hardcore Edmonton Oilers and Denver Broncos fan. Cort lives in British Columbia, where he can be found fly fishing when he\u2019s not writing and following sports.\",\"url\":\"https:\/\/www.casino.org\/news\/author\/cort-smith\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"DraftKings to Find America\u2019s Best Sports Bettor in First Ever Championship Event","description":"DraftKings is bringing something completely new to the sports betting space, as it will host the first-eve Sports Betting Championships this January in New Jersey.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"DraftKings to Find America\u2019s Best Sports Bettor in First Ever Championship Event","og_description":"DraftKings is bringing something completely new to the sports betting space, as it will host the first-eve Sports Betting Championships this January in New Jersey.","og_url":"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2018-10-13T19:00:53+00:00","article_modified_time":"2018-10-13T00:02:36+00:00","og_image":[{"width":2560,"height":1706,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/gettyimages-491556570-scaled.jpg","type":"image\/jpeg"}],"author":"Cort Smith","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Cort Smith","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/","url":"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/","name":"DraftKings to Find America\u2019s Best Sports Bettor in First Ever Championship Event","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/gettyimages-491556570-scaled.jpg","datePublished":"2018-10-13T19:00:53+00:00","dateModified":"2018-10-13T00:02:36+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/20db7dec4c6b349b19992217f9a7df7d"},"description":"DraftKings is bringing something completely new to the sports betting space, as it will host the first-eve Sports Betting Championships this January in New Jersey.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/gettyimages-491556570-scaled.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/10\/gettyimages-491556570-scaled.jpg","width":2560,"height":1706,"caption":"DraftKings continues its push to expand from daily fantasy to sports betting. (Image Souce: Fortune)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/draftkings-to-find-americas-best-sports-bettor-in-first-ever-championship-event\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Sports Betting","item":"https:\/\/www.casino.org\/news\/sportsbetting\/"},{"@type":"ListItem","position":3,"name":"DraftKings to Find America\u2019s Best Sports Bettor in First-Ever Championship Event"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/20db7dec4c6b349b19992217f9a7df7d","name":"Cort Smith","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/cort-smith-96x96.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/cort-smith-96x96.jpg","caption":"Cort Smith"},"description":"Reporter \u2012 Sports and Sports Betting, Gaming Legislation, Global Casino Business, Canadian Gaming Industry Cort Smith joined Casino.org as a news writer in 2018. His media background began with the Global News Network in Canada, where he served as producer, reporter, and anchor between 2000 and 2016, working on national broadcasts. An avid fantasy football player, his work has also been featured on fantasy analytic sites like RotoViz.com and numberFire.com. Cort has been writing sports betting analysis for The Action Network since the 2018 NFL season kicked off as well. A passionate world traveler, he has spent extensive time in Asia, Australia, and the EU. He enjoys poker and is a hardcore Edmonton Oilers and Denver Broncos fan. Cort lives in British Columbia, where he can be found fly fishing when he\u2019s not writing and following sports.","url":"https:\/\/www.casino.org\/news\/author\/cort-smith\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/90352"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=90352"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/90352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/90385"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=90352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=90352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=90352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}