Sports Jackpots launches with $1 million UK Premier League jackpot prize
Sports Jackpots by BetStars, a collaboration between StarsDraft fantasy sports and BetStars, both Amaya brands, launched Thursday on all .COM, .EU and .UK markets.
The product is the newest sports betting innovation from BetStars – a re-imagined sports betting experience that combines the best of fantasy football with daily, real-money tournaments and major $1 million jackpot prizes.
BetStars Sports Jackpots is a simplified version of traditional fantasy football that’s quick and easy to play. Players use their sports knowledge to beat the other tournament entrants by picking which football player in each of the pre-selected groups will score the most fantasy points that day.
For players who are not familiar with fantasy, or who are short on time, BetStars Sports Jackpots provides a smart pick tool that enables users to auto-select their players based on different criteria for as little as $3, and can currently play contests for the English Premier League, Champions League, Europa League, as well as the National Basketball Association (NBA) and PGA Tour.
“Our team is excited to work with the BetStars brand to further the mission of bringing much needed innovation to the sports betting market,” said Matthew Primeaux, CEO, StarsDraft.
There are two ways to win cash prizes with BetStars Sports Jackpots:
To win a prize in a tournament, which typically pays the top 25 percent of participants, each fantasy point scored by a player’s selections is totalled and ranked against other users on a leaderboard; the more participants that enter a tournament, the bigger the prize pool grows. Prizes are then paid out immediately following the last football match of that day.
To win the $1 million jackpot prize, players must pick that day’s top scoring fantasy player in each of the pre-selected groups. Consolation jackpot prizes will be awarded for users that come close to picking all of the top scorers.
Zeno Ossko, md of BetStars said that the new product answers player demands for a fun, quick, and easy way to bet on fantasy sports without having to commit to a whole season.