RICHMOND, VA -- With the start of the NFL season now behind us, fantasy football is now in full swing. You have likely seen the commercials advertising online fantasy sites like FanDuel or Draft Kings.
"Fantasy football -- I legitimately call it Christmas Time," Dan Mcinerney, a Fanduel user said.
"It is my favorite time of year," Mcinerney added.
While Mcinerney said he lost $20 bucks on the site last week, he plans on winning it back this weekend.
This raises the question of whether online fantasy betting is legal?
According to legal experts the answer is yes, because it is classified according to law as a "skill-based" site and not a "luck-based" site. In essence it's classified the same way as stock trading. Some disagree.
"It is absolutely gambling," Bob Cabaniss, a recovering gambler who now runs Williamsville Wellness Center in Hanover, said.
Cabaniss, who said he lost millions over the years, fears that success on Fanduel or Draft Kings will lead to illegal sports gambling -- like visiting bookies.
"It is going to lead to more sports gambling without question," Cabaniss said.
Experts remind players that all winnings are taxable.
