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The federal law considers fantasy sports a game of skill and not chance. This allows for fantasy sports betting, but it prohibits betting on a single game or player. Although federal law allows for fantasy sports betting, state law may prohibit this activity.

Sports wagering is allowed at certain retail locations or online on your computer or mobile device. Fantasy contests are games where you don't bet directly on the outcome of a specific contest. Instead, you pay an entry fee and create a fantasy team to compete against opponents to try to win money or other prizes.