When you play fantasy sports, do you wish you were running the show? Are you new to fantasy sports and want to set up a league for your friends? Managing your own league can be a lot of fun and even make you a few dollars. However, sometimes sorting out where to start is difficult. There are three major steps to get your group off the ground.
Three Steps to Creating a Fantasy League
1. Set Your Player Structure
The first step in creating your fantasy league is organizing players. Before signing people up, determine whether you want to use a public or private format. In a public league, anyone can join. If you want this group exclusively for your friends, a private league may be best. Each member would then need an invitation from an existing member to join.
Generally, there is no entry fee associated with public leagues, meaning you do not have to manage money or prizes, since it is not a cash game. Private leagues however, do involve a buy-in. The commissioner distributes winnings from this fund at the end of each round.
Whenever possible, keep an even number of members in your league. Scheduling is much easier when you can pair off each fantasy team. It is ideal to start with at least 8 or 10 people. However, you can play with as few as four. Make certain you have enough people interested before moving forward with your site.
2. Create Your Site
The exceedingly ambitious league owner can spend days tracking stats and news manually, which will quickly turn into a full-time job and limit connectivity with team members. Consider setting up a website instead. Domain names and web hosting services cost about $15 to $20 a month. You can choose to use a free site to cut costs. However, it is important to ensure the site can withstand the demands placed on it by a fantasy league. Paid hosting often serves league sites better.
Once you have respectable traffic moving through your page, you can sell advertising space. This is the primary method online league owners use to make money. Make sure to give your domain the same name as your league. Enjoy the naming process! Ask your members to name their teams as well, so you can add them to your new site.
Choosing fantasy sports software is the next order of business. All the large, successful sites utilize software to keep everything up to date. If you play in a league that has an appealing setup, find out what software it uses. However, a simple search will produce a number of options. With a fast website and comprehensive software, you are ready to get started.
3. Make the Rules
When you are making rules for your fantasy league, begin by setting the entry fee. For a new group, it is worth finding out what your members are interested in risking. In a private group, it is easy to poll everyone for input. Once you get a sense of what people are willing to spend, set a flat rate. It’s best practice to collect the cash from every player before conducting drafts. Once play begins, it is difficult to chase down people for these fees.
Look at your members and choose a league commissioner. This individual will be your officer, policing the group and standing as the final word in disputes. Keep commissioners in the loop as you set up league rules to ensure they are prepared to act for the good of the group when issues arise.
Finally, set the ground rules for your league:
Scores: Determine the number of points you will grant to fantasy teams for each action by corresponding live players.
Finals: Decide how many teams will make the playoffs each season.
Trades: There are three common methods to handle trades: First, let players manage it among themselves, second, have the commissioner oversee these exchanges to ensure they are fair, or, for a more democratic approach, the league can vote to approve each one as a whole.
Pick-ups: Waiver wires and free agents are two methods by which fantasy teams can acquire new players after the draft ends. You should set terms for these before starting the draft.
You now have a league, teams, a commissioner, rules, and a great season ahead. Now you can announce your draft date and get started!