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The Philadelphia Inquirer, through their online division Philly.com, has launched a legal internet betting service called Instant Fantasy Games.
According to the paper, they are the first in their industry to delve into the online betting world.
With Instant Fantasy Games, Philly.com has partnered with FanDuel.com to bring fantasy sports players a change to put their money on the line in a daily game against other fantasy sports players.
“We’re trying to serve two goals,” said Yoni Greenbaum, Philly.com’s vice president of product development. “Those content differentiation and revenue. If you’re looking at the sports sites out there, a lot of them have the same stuff. The challenge that this creates is we need to offer more. In this day and age, sports fans have insatiable appetites.”
Philly.com is billing this service as, part fantasy league and part sports book.
With as little as a $5 wager, bettors can pick groups of players from professional baseball, hockey or basketball leagues to compete against other players and win cash prizes.
The games are set up in a one-on-one format where players can play against someone they know or, if they choose, a random opponent.
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