Gambling on fantasy sports has become a huge phenomenon over the course of the last two years or so, as it is considered a safe and legal way to bet on the outcome of sporting events. The action is potentially even more thrilling, knowing that every single play and every single player could be the difference between winning and losing your pools! This year, The DraftDay is putting up a guaranteed prize pool of $40,000 for its Online Championship of Fantasy Sports!

This contest will be held between May 21^st and 25^th and will be a five-day fantasy baseball spectacular. This isn’t just one event, either. There are a total of nine different contests that you can enter to take on the best fantasy baseball players in the world. Satellite tournaments are going on right now that you can enter for as little as $1, and that could ultimately end up winning you the grand prize in the main event, $20,000!

If you don’t want a satellite event though, don’t fret! It only costs $10 to enter the very first challenge, an event that is referred to as the $10 Warm-Up. There is a guaranteed prize pool of $10,000 for this event alone, so you aren’t going to want to miss out on it for sure. On May 22^nd, there are a pair of $10 games with $2,000 prize pools, one both for National League players only and American League players only.

The afternoon of May 23^rd features a turbo contest with a $50 entry fee that has $4,000 worth of cash prizes, while that night, there is a salary cap event available with a $2,000 guaranteed prize for just $10.

May 24^th is when the action gets series, though. There are two tournaments that are going to happen that don’t offer up cash prizes, but for just $10 or $50, you can win a seat into the main event on the 25^th. The entry fee for the big one? $200. However, if you’d prefer to play for cash during the second to last day of the Online Championship of Fantasy Sports, you can do that as well on May 24^th with the $25 Double Up, with $2,000 guaranteed in prizes.

The individual tournaments all have different rules to abide by, all of which can be checked out over at DraftDay.

You’re not just competing for cash, though! Players who play in multiple events are eligible for the chance for the Player of the Series. The winner of each individual event gets 100 points, and everyone gets at least five points just for entering! The player with the most points at the end of the series, regardless of whether he or she wins any money or not, will win a Heads-Up game against Kay Adams from Sirius XM Radio in which the winner gets $2,000. Those who finish from 2^nd through 11^th will get to play against each other for $1,000 in cash prizes as well.

There are just a ton of ways to win at fantasy sports, but this is the biggest prize that we have seen on the internet yet! Join us at DraftDay for the 2012 Online Championship of Fantasy Sports from May 21^st-25^th!