Mojo Fantasy: Where Betting and Fantasy Sports Meet the Stock Market

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Written by Dave Garofolo
Mojo Fantasy: Where Betting and Fantasy Sports Meet the Stock Market

What we love about sports at Dimers is the pure entertainment factor. Through and through, sports are all about having fun, whether you’re actively playing, watching or engaging in fantasy sports and betting. There’s nothing better than the thrills of watching your favorite team or players you can’t get enough of, especially when you’ve got a little side action in your wagers or a crucial fantasy matchup. The emergence of daily fantasy and betting has more fans than ever dialed into the biggest moments in sports.

At Dimers, we want to be right by your side in these moments because we get the same thrills of riding the sports betting highs that you do. That's why you can always get our best prop bets today or our best parlay bets to use at your disposal.

We're always looking for the next opportunity in sports betting entertainment, which is why if you love fantasy sports and betting, or if you have an affinity for the trading game, whether it be stocks, collectibles or anything else, then you’re going to want to check out Mojo’s all-new fantasy offering by downloading their app.

 

What is Mojo Fantasy?

Mojo Fantasy exists at a unique intersection of both sports betting and daily fantasy, with influence from the stock market. Rather than building a unique of fantasy players, users will create a “roster” of at least four props featuring at least two different teams, with probabilities and odds sourced from Mojo’s very own New Jersey sportsbook. Then, users will enter their roster of props into a contest against other users with the goal of building their portfolio through smart selections. Depending on the value of your props, whether they are longshots or shorter odds, your upside for placement in the contest will be higher or lower. You can even combine different sports!

Think of it like parlay picks, but instead of betting against the book, you’re competing against other bettors, and who doesn’t love to best the next bettor? Rather than betting against the sportsbook where a losing leg kills your parlay, you’re competing against other players for the highest spot in the contest which results in a bigger payout. Mojo Fantasy offers both free and paid contests so you can get in on the action no matter your budget.

Plus, new players who sign up at Mojo Fantasy and use promo code DIMERS will get a 100% Deposit Match up to $100! You can instantly double your Mojo bankroll just by signing up, giving you even more assets to play with and build your portfolio.

How Is Mojo Fantasy Different from Usual DFS?

What really makes Mojo unique, are its one-of-a-kind features that create a unique Sports Stock Market. Just like a stock that’s taking a dip, if one of your rostered player props isn’t looking too hot, you can pull it out at its current value, then choose to either reinvest that credit into another prop to try and boost your score, or bank it as assets in your Mojo portfolio.

The value of your portfolio will ultimately determine where you place in the contest and what you'll win. If one of your props gets out to a hot start but you think the game script may hurt your chances, you can sell high and avoid the risk of your portfolio taking a hit because of a missed prop. It’s like a cash-out, but if you could cash out just part of your parlay and keep the rest in action.

Every prop will be assigned a share price which will set somewhere between $0 and $1. Think of the share price as the probability of the prop hitting. So a $0.65 share price represents a 65%probability. Once your prop is live, your share price fluctuates between $0 and $1 as the probability moves. At the end of the game, props that hit will be awarded a $1 price, while props that miss will be worth nothing. That's where the trading game comes in.

Because you can actively trade your props like stocks, you have real-time control over your contest entries, unlike in traditional betting where your only options are to cash out or let it ride once live, or in DFS and even season-long fantasy where your lineups lock once the relevant games begin. This also removes some of the “bad beat” factor. Sell high on a prop to secure your profit, or buy low on a player you think had a slow start but is about to go off.

Buy and Sell Player Props in A Unique "Sports Stock Market"

Mojo will debut with two different contests that traditional DFS players will be familiar with. They will be called “Double Up” and “In the Green.”

Double Up - A super common format on DFS platforms, contestants who play Double Up have the objective of finishing in the top half of the contest. Finish in the top 50%, double your buy-in. It’s that simple.

In the Green – This contest type is more like standard DFS entries in which players compete for the highest score. When contestants play “In the Green,” their objective will be to finish with a positive return on their entry. Any positive return will guarantee a portion of the prize pool, but the higher you can finish, the bigger the payout will be.

Who can play Mojo Fantasy?

Anyone 18 years old or older can play Mojo Fantasy, as long as you’re physically located in one of the 20 locations in which we operate: AR, CA, DC, FL, GA, IL, KS, MN, NE, NM, NC, ND, OK, OR, RI, SD, TX, WI, WV, and WY.

How to Use Dimers To Find Value on Mojo

For starters, using promo code DIMERS will net you a 100% deposit match up to $100 and that's about as valuable as you can get! What appeals so much to us about Mojo Fantasy is that we are sports bettors and fantasy players at heart and we love being able to utilize our unique A.I. models' predictive analytics and free sports picks to find value anywhere we can. Because props on Mojo are affixed a price, we’re able to use our model’s projections and probabilities to find hidden edges to use in your roster construction, just like we use to find profitable opportunities against the sportsbooks every single day.

Download the Mojo Fantasy app today.

 
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Written by
Dave Garofolo
Content Producer

Dave Garofolo, a seasoned fantasy sports and betting enthusiast with a special affection for the NFL and MLB, crafts insightful game previews and betting props for the NBA, MLB, NFL, NHL, NCAAM and PGA TOUR tournaments.

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