We’re pleased to announce the launch of a new contest format on FanDuel. The “Head to Head Matrix” format contests essentially package a group of twenty smaller head to head contests in one entry. If you enter a $25, 21 person H2H Matrix, you will be facing twenty unique opponents in a contest where the prize structure exactly mimics the payouts that you’d receive if you played each of those twenty people in a $1.25 head to head contest. Similarly, 21 person H2H matrix contests at other buy-ins simulate playing head to head contests against 20 opponents, each for 1/20th of the Matrix entry fee.
We will initially be offering H2H Matrix contests in NFL (ranging from $5 to $50 entry fee) and in NBA (ranging from $5 to $25 entry fee) and will potentially add other sports and buy-in levels once we see how the initial contests go.