AlphaDraft’s owner Todd Peterson is very passionate about two things, fantasy sports and eSports. As a avid fantasy sports player his original goal was to create his own start up fantasy sports site like DraftKings and FanDuel.
But he became very discouraged when he went to a fantasy sports convention in Las Vegas and saw that he was way behind twenty other companies doing the same thing.
He figured he wouldn’t stand out enough from all the other companies trying to mimic their very popular and very lucrative sites.
About a month after the fantasy convention Peterson got knee deep into League of Legends and that’s when things clicked. He formed his model for AlphaDraft.com.
He used the same model as DraftKings (a company that is almost worth a billion dollars in three years of business) and applied it to LOL.
The format is very simple where the LOL players are like stocks and the better and more popular they are, the more they cost.
You are given a $50,000 spending limit to create your team and if you select the popular players who cost a lot, you need to find cheaper value players who you think will outperform their price.
This industry is relatively new but is already gaining the attention of many avid LOL fans. AlphaDraft expanded recently added Counter Strike and DOTA 2 to the mix of games you can play.
The main reason sites like FanDuel and DraftKings are excelling is because it’s been ruled in court that these are games of skill and not luck. So this means all the money wagered is completely legal and won’t fall victim to being seized by the government like online poker was years back.
They offer multiple types of games like 50/50 games where the top half of field wins almost twice what they paid in. They also offer tournaments where you can win some serious money if you are good and lucky.
If you want you can play people head to head and all the games have live scoring so you can keep track of your fantasy teams as the actual games take place.
This interaction makes the average fan feel a part of the league because you become a manager of these highly skilled gamers. You can play for free or if you feel you know the League better than most people, you can play for hundreds or thousands of dollars at a time.
Once you create a team you can play as many contests as you want using the same lineup, depending on your budget. But with games starting as low as fifty cents or even free, there is plenty of competition to go around.
Your money is safe with AlphaDraft since the site is legal you don’t have to worry about receiving your winnings in a few weeks. You also don’t have to explain to the bank why you have a foreign check because you can withdraw your money via PayPal and have in a few days after you withdraw it!
With the rise of Pro Gaming and their fan base it, only makes sense to give the fans a way to interact with their hobbies. With AlphaDraft not only are you able to interact with the league, you could possible quit your day job one day and play daily fantasy eSports for a living.
I know that may sound crazy, but people are doing it every day with fantasy sports and fantasy eSports is the next big craze. I see it being just as popular.
The Lobby of AlphaDraft – Choose Your Contest
Choose Your Team – Scoring BreakDown