Holy crap! I didn’t realize that daily fantasy sports had gotten that big, did you? I’m going to have to do some more research on this. But first, the story of Jake Sanders and his $300K payday.
Details on the story from KARE:
A Minnesota man recently won $300,000 in an online daily fantasy football contest, and he’s part of a growing wave of players putting their skills and their money to the test on daily fantasy sports sites. Sites like FanDuel and DraftKings started a few years ago and have exploded in popularity.
FanDuel reports it took in more than $11 million in entry fees in 2011 and paid out more than $10 million to winners. The projected numbers for 2014 are staggering, around $450 million in entry fees with payouts topping $409 million. Jake Sanders, 38, of Edina, sees himself as a “normal guy.” He’s married with two kids and spends most of his day helping run a family-owned business in south Minneapolis. Sanders, a self-described big sports fan, discovered daily fantasy online about a year and a half ago, and the rest, is history.
“If you had told me a year ago, you’re going to win a trip to the Bahamas, you’re going to fly over the Grand Canyon and go swim with the dolphins,” Sanders told KARE 11’s Randy Shaver, “and, then make mid-six figures playing fantasy sports, I would have looked at you like you’re insane. And I did it.”