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DraftKings Inc. is an American gambling company based in Boston, Massachusetts. It offers sportsbook and daily fantasy sports (DFS) services. The company was originally launched in 2012 as a DFS provider, competing principally with the New York–based FanDuel .
Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition while remaining under a salary cap, and earn points based on the actual statistical performance of the players in real-world competitions.
The most common way for choosing NHL players or teams to comprise a fantasy team is via a draft, either online or in person. However, the method ranges from basic (i.e., the draft has a predetermined number of rounds, and every team has a pick in each round, unless they have traded their picks) to complicated (i.e. 'auction' style).
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Modern fantasy football can be traced back to Wilfred "Bill" Winkenbach, an Oakland, California businessman and limited partner in the Oakland Raiders.In a New York City hotel room during a 1962 Raiders cross-country trip, Winkenbach, along with Raiders public relations employee Bill Tunnel and Oakland Tribune reporter Scotty Stirling, developed the rules that would eventually be the basis of ...
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In 1985, the Grandstand Sports Services launched the first nationally available rotisserie baseball leagues online through Q-Link (later America Online). [citation needed] Between 1985 and 1996, the Grandstand continued to improve on the game and the technology by being the first to offer automated drafting, real-time scoring, real-time trading and transactions, and continuous leagues.
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