DALLAS (CBSDFW.COM) – Millions of Americans of all ages are currently involved in the Fantasy Football craze – a game that lets you test your skills as a pretend NFL-type team owner using statistics of real NFL players.
In Fantasy football you join a league (usually with friends or co-workers), you scout for and draft players, compete against other fantasy owners, and use all your skills – including picking-up and releasing, or even trading players, to win the championship.
It’s a game where participants can compete locally and nationally for simple bragging rights or even thousands of dollars in cash and prizes.
Fantasy football has also become a big business. It is reported that the fantasy sports industry is worth approximately $1.2 billion, according to IBISWorld, as more than 270 businesses make money off the “fantasy teams”.
One of those businesses is now looking to provide Fantasy “insurance” to protect your fantasy investment.