There are many ways in which DFS sites can offer daily fantasy player protection. Some are well-established, and others have been introduced more recently to the DFS world.
From keeping your money secure to deterring unfair advantages, daily fantasy player protection comes in various forms.
The best daily fantasy player protection can only start with a properly secured account. You’re putting money into the game, so of course you’re going to want to have the safest account possible!
Look out for the following account-related protection methods to make sure your gaming is secure:
Secure Payment Methods
The best DFS sites use highly secure payment methods to ensure daily fantasy player protection.
- DraftKings is 128 Bit Secure, one of the most secure data encryption methods available. The site is also PayPal verified, so you can use your PayPal account to transfer funds as well as credit card.
- Mondogoal also uses robust encryption and allows you to make payments through credit card or Skrill, another payment system with a focus on betting and gaming.
Segregation of Customer Funds
FanDuel, Mondogoal and DraftKings all keep customer and company funds in separate accounts. However, the protection your money receives in cases of bankruptcy depends on what level of protection the operator gives customer funds.
Mondogoal and DraftKings both offer customers a basic level of daily fantasy player protection in this respect. The company holds your money in a separate account. However, they can claim your money as part of their assets if they were to claim insolvency.
FanDuel, on the other hand, offers customers a medium level of funds protection. In this instance, according to the Gambling Commission website, a company will ‘ensure assets in the customer accounts are distributed to customers in the event of insolvency.’
Personal Information Protection
As for keeping your personal information safe – this is also down to you! Don’t share your account password with anyone you wouldn’t want to be spending your bankroll. If you do think someone else is using your account, you can email your operator about Unauthorized Access. Otherwise, they have no liability for what happens on the site under your account.
Banning The Bots
One of the biggest recent daily fantasy player protection moves has been to ban automation. This means, for example, players cannot use bots, scripts or third-party software to enter contests or create/edit lineups.
Some players have used powerful automation processes to enter and edit a huge number of line-ups across contests, far beyond a regular player’s abilities. Shark players have used such tactics to scam other players out of serious money.
DraftKings, for instance, have stated on their website that players cannot use automation:
‘To interact with the Website in any way (this includes, but is not limited to: creating a contest, entering a contest, withdrawing from a contest, creating a lineup, and editing a lineup)’.
These sites’ moves to ban automation can only improve daily fantasy player protection. This means we’re not all up against huge lists of automated lineups!
When you’re starting out in DFS, you can get put off by the highly experienced players, who are a real threat to your bankroll. Furthermore, it can sometimes be hard to know who’s on a similar level to you and who’s leagues ahead.
A great way to get used to the daily fantasy format without this risk is to enter Beginners’ Contests. These contests are only available to players who have played under a certain number of contests. The exact number depends on which site you’re using.
- DraftKings: you can play up to 50 beginner contests for every sport on the site.
- FanDuel: you can play up to 50 beginners’ contests on FanDuel, though if you have a big win you may graduate from beginners’ status earlier than this.
- Mondogoal: Mondogoal don’t do a lot of beginners’ contests, but there are always free-rolls where you can still win cash prizes.
There are a lot more DFS sites who offer contests for beginners. To find out more, check out our guide to Sites for UK Players.
Tackling Insider Trading
To avoid some players having unfair advantages, those on the inside are being banned from play. This includes anyone who has full or partial access to contest-relevant data not made accessible to all players. These information insiders include:
- Company employees.
- Employees’ immediate family members.
- Some consultants and promoters.
- Athletes, in games where they or their team members are available for selection.
On DraftKings, employees and their immediate family members can only play in Private Contests hosted by one of their party. So at least they’ll be playing against each other on an even footing!
As with any game involving real money, it’s important to use DFS sites responsibly. Any site with a UK Gambling Commission license will have guidelines on how to game in a responsible way. This helps with daily fantasy player protection from issues such as overspending and addiction.
There are two main ways for gaming responsibly on daily fantasy sports sites:
Set Your Limits
You can limit how much you spend on cash deposits and entry fees. For instance, on Mondogoal you can set daily/weekly/monthly limits. Setting spending limits helps you maintain control over your bankroll.
Take A Break
Spending too much time or money on DFS? You may need to take a timeout. Self Exclusion from a site for a chosen period of time can be a good way to gain perspective. On DraftKings, for example, you can choose Time Out for 1 day to 1 month, or Self Exclusion for 3 months to 5 years. Similarly, on Mondogoal you can block transactions, contest entries, or your whole account.
As you can see, there are loads of ways in which sites can offer daily fantasy player protection. Make sure your operator is providing you with the right protections by checking out their terms and conditions – boring, but important!
Want to get the inside track on all things daily fantasy sports? Check out our Guides section.