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Thursday night marks the long-awaited return of NBA teams to the hardwood.
The two leading figures in daily fantasy sports are optimistic about the existence of latent desire for thrilling experiences.
On March 11, the NBA season came to a halt. Now, after a span of twenty weeks and one day, the Utah Jazz and New Orleans Pelicans are set to commence their game on Thursday, all within the confines of the league’s bubble.
Although DraftKings and FanDuel are not yet ready to vie for dominance in the legal Michigan sports betting app industry, the DFS market is already thriving.
Michigan is anticipated to launch its online sports betting platform this autumn.
DraftKings has NBA restart bonus of its own
After FanDuel’s recent deposit of $10 into every player’s account, DraftKings promptly reacted.
As a gesture of welcome, new users are entitled to a complimentary $4 ticket for the Millionaire contest scheduled on Thursday. In addition, they will also receive a free $25 ticket for the second Millionaire contest taking place on Friday.
The prize pool amounts to $3 million in total, with the first prize totaling $1 million. The contests will be locked at 6:30 p.m. EST on Thursday and 2:30 p.m. on Friday.
FanDuel, DraftKings are 1-2 in Michigan DFS
Both DraftKings and FanDuel, two prominent Daily Fantasy Sports (DFS) competitors, are anticipated to dominate the online sports betting sector in Michigan. DraftKings secured online access through the Bay Mills Indian Community, while FanDuel partnered with MotorCity Casino.
The Michigan DFS game has been witnessing the battle between rivals for several years.
In December, Governor Gretchen Whitmer signed expanded gambling bills that include the taxation of fantasy contests by the state this year.
In Michigan, DraftKings has emerged as the frontrunner in the DFS market, securing a dominant 53.8% market share and generating over $1.9 million in adjusted gross revenue as of May.
With a market share of 39.5%, FanDuel holds the second position in the market, amounting to $1.4 million.
The primary goal is to acquire a maximum number of DFS players before the arrival of football season and sports betting.
FanDuel has its own NBA specials for restart weekend
Along with the complimentary $10, FanDuel offers a $4 entry NBA Return Shot tournament with identical stakes. This tournament boasts a prize pool of $3 million, where the first-place winner takes home a staggering $1 million.
FanDuel is currently providing the Spread the Love Market for the Los Angeles Lakers on Thursday in states where online sportsbooks are available. This opportunity guarantees easy money, allowing a maximum bet of $50, as long as LeBron James and the Lakers make an appearance.
The Lakers will commence their game against the LA Clippers as 4-point favorites on Thursday. However, the line will shift by one point for every 2,500 initial bettors who place their wagers on the Lakers.
Last year, bettors who placed their bets on the Indianapolis Colts were pleasantly surprised when they ended up with a whopping 51 points in an NFL game. Similarly, this season, the Philadelphia 76ers provided bettors with an incredible 59.5-point advantage in one of their games.
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