DFS meaning in Sports ?

Answer:

What is Daily Fantasy Sports mean?

Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition while remaining under a salary cap, and earn points based on the actual statistical performance of the players in real-world competitions. Daily fantasy sports are an accelerated variant of traditional fantasy sports that are conducted over short-term periods, such as a week or single day of competition, as opposed to those that are played across an entire season. Daily fantasy sports are typically structured in the form of paid competitions typically referred to as a "contest"; winners receive a share of a pre-determined pot funded by their entry fees. A portion of entry fee payments go to the provider as rake revenue.

In the United States, the daily fantasy sports industry is dominated by two competing services: the New York-based FanDuel, and the Boston-based DraftKings. Both companies were established as venture capital-backed startup companies, received funding from investment firms, sports broadcasters, leagues, and team owners, and became known for the aggressive marketing of their services. As of September 2015, both companies had an estimated value of at least $1 billion, and control 95% of the U.S. DFS market. The two primarily compete against smaller DFS services, such as DRAFT, Europe's biggest site Fanteam, Fantasy Aces, and Yahoo! Sports. The popularity of the daily fantasy format has been credited to its convenience in comparison to season-length games, as well as the focus on major cash prizes in the promotion of these services. Daily fantasy was also credited with helping to improve television viewership and engagement with sports.

DFS has faced criticism over its semblance to sports betting; multiple U.S. states ruled that DFS contests constituted gambling and sports betting (which, at the time, was effectively illegal in most states under the Professional and Amateur Sports Protection Act of 1992), arguing that their elements of chance were predominant over those or skill, or how much control the player has over the outcome of the game. A New York State lawsuit (which resulted from an investigation of DFS services after allegations that DraftKings and FanDuel employees had used inside information to win cash prizes from each other) spawned retaliatory lawsuits from the companies which alleged that the rulings were the result of a misinterpretation of the nature of their services. By December 2017, 18 states, including Massachusetts and Virginia, had ruled that DFS was a legal game of skill. After the Professional and Amateur Sports Protection Act of 1992 was struck down by the Supreme Court lawsuit Murphy v. National Collegiate Athletic Association, DraftKings and FanDuel subsequently expanded into the sportsbook market to capitalize on brand awareness and their existing userbase.

reference

Full Form	Category
Dedicated File Server	Academic & Science
Swedish Information Processing Society	Academic & Science
Dataföreningen i Sverige	Academic & Science
Denver Film Society	Academic & Science
Discover Financial Services	Business
Desjardins Financial Security	Business
Department of Financial Services	Business
Dell Financial Services	Business
Definitive Feasibility Study	Business
Department 56, Incorporated	Business
Durable Full Seat	Business
Duty Free Shop	Business
Duff Furniture Store	Business
Diffuse Field Surround speaker	Business
Deutsches FernSehen	Community
Dollars For Scholars	Community
Dynamic Folding System	Computer Hardware
Distinct Formatted Sector	Computer Hardware
Domino Fax Server	Computing
Dynamic Frequency Selection	Computing
Direct File System	Computing
Design For Serviceability	Computing
Defaults	Computing
Design For Safety	Computing
Distributed File Service	Computing
Digital File Stamp	Computing
Distributed Filing System	Computing
Fantasy Sports	Cryptocurrency
Defis Network	Cryptocurrency
Digital Feedback Supression	Electronics
Delight Sound File	File Type
Department of Field Support	General
Document Fulfillment System	General
Department of Fire Services	General
Distributed File Sharing	General
Distributed Frequency Search	General
Diffuse Field Surround	General
Dual Face System	General
Direct Furnishing Supplies	General
Dull Furniture Sale	General
Damned Frigging Stupid	General
Down Footprint System	General
Department of F***ing Sofas	General
Deapth First Search	General
Data Fabric Search	General
Daily Fantasy Success	General
Diversified Fastening Systems	General
Departure From Specification	General
Dover Fueling Solutions	General
Dual Fuel System	General
Direct Fill System	General
Deceleration Fuel Shutoff	General
Driver Fatigue System	General
Daimler Financial Services	General
Dynamic Fuel Systems	General
Diesel Fuel Service	General
Dolce Farniente System	General
Dongfeng Fengshen	General
Diesel Fuel Stabilizer	General
Diesel Fuel Supplement	General
Daves Fun Stuff	General
Distributed Function Services	General
Dr Frank Sloth	General
Decayed and Filled Surfaces	General
Duff Furniture St	General
Dornbush Fischer Samuelson	General
Duff Furniture Storeread	General
Deep First Search	General
Dollars For Systems	General
Division File System	Governmental
Division of Field Science	Governmental
Division of Fire Safety	Governmental
Depth-First Search	Information Technology
Distributed File System	Information Technology
Drug Free Surfer	Medical
Disease Free Survival	Medical
Duty Free Shopping	Messaging
Direction Finding Subsystem	Military and Defence
Displaced Fermi Surface	Physics Related
Direction Finding System	Space Science
Dynamic Flight Simulator	Space Science
Daily Fantasy Sports	Sports
Dating For Sport	Sports