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People waste a total of about $15 billion annually now on all fantasy sports in the United States, and the vast majority of that (about $11 billion) is on fantasy football based on real NFL games.
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The NFL seeks to hook elementary school children on fantasy football by making it part of the math curriculum, thereby locking in the next generation of addicted television watchers of NFL games.<ref>http://deadspin.com/the-nfl-wants-kids-to-learn-about-fantasy-football-in-m-1627524100</ref>
 
The NFL seeks to hook elementary school children on fantasy football by making it part of the math curriculum, thereby locking in the next generation of addicted television watchers of NFL games.<ref>http://deadspin.com/the-nfl-wants-kids-to-learn-about-fantasy-football-in-m-1627524100</ref>
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People waste a total of about $15 billion annually now on all fantasy sports in the United States, and the vast majority of that (about $11 billion) is on fantasy football based on real NFL games.  This is more than the NFL's total annual revenue, which is about $10 billion.  These costs do not include the lost time wasted on this gambling activity, which is probably worth even more.
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== Types of Leagues ==
 
== Types of Leagues ==
 
There are four major types of leagues: Redraft, Keeper, Auction, and Salary Cap leagues.
 
There are four major types of leagues: Redraft, Keeper, Auction, and Salary Cap leagues.
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