Is there any sites that will hold your money in fantasy sports then at the end of the season award the winners of the league there winnings? That way you can play with strangers and you dont always have to play with your friends?
So i cant make a site that holds your money in a fantasy league so people could play with anyone for any amount knowing there money is safe and everyone would get paid?
I wont be running any fantasy game i would (or my site) would just hold the money. If you saw a league you wanted to play in but it was all random people and it was 50 or 100$ you wouldnt send the league GM that money cause you dont trust them. So instead send it to the site we hold it at the end of the season we pay the winners out.
From traffic you could make a ton of money and if you charge idk 5% or 1% of the buyin for each league.
Already exists - Fanball.com and others...
O i checked that site out didnt see where it said we hold your money they also do other things then just hold your money.
Fantasy Sports Business » Blog Archive » Sources: Liberty Set to Close Fanball
I dont think anyones is doing this yet so i think i might make a site and do this. Is it legal tho im not sure about that.
Are you asking rhetorically or requesting others do the research for you?
Clenjamin, do it! You would just be an escrow company essentially. Research how to start an escrow company and post here with your results.
"Fortune favors the brave." - Virgil
Good luck - sounds like a cool idea. Although some other sites are doing it find out if you can compete with them; check compete.com and see how much traffic those sites are getting. Is there something you can do better than the competition?
There are what sites ive been looking for an hour online searching and looking and cant find any sites that just does that?
Great news only two sites out there are Welcome to Fantasy Sports Vault and LeagueSafe | Simple, Secure, Free Fantasy League Finance Management
the vault site has less then 500 visitors so thats good and the league safe had false info on there site.
Lets see what i can do ill keep everyone updated if anyone has any ideas or suggestions let me know.
Ok so Wepay is the biggest in this industry but they still only have 110k or so visitors i think i can do better
Theres millions of people who play fantasy football. and the number keeps growing if you expose this service correctly it could be a huge business.
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