Yahoo Sports launch daily fantasy sports service

Internet giant Yahoo has made good on its plans to launch a new daily fantasy sports (DFS) service.

Yahoo announced this April that it wanted to further monetize its mammoth season-long fantasy sports audience by diversifying into the DFS space. On Wednesday, Yahoo unveiled its Yahoo Sports Daily Fantasy service, which offers daily and weekly contests.

Yahoo’s service is currently limited to Major League Baseball games but will add National Football League games this fall, along with National Basketball Association and National Hockey League games as those leagues get underway. Yahoo says it hopes to become the “preferred home for DFS across the four major sports,” strongly suggesting that it has no immediate plans to branch out into golf or NASCAR contests like some of its competitors.

Speaking at a press conference announcing the launch, Yahoo VP of publisher products Kenneth Fuchs said he doesn’t anticipate any legal issues since DFS “is a game of skills.” Meanwhile, Yahoo suggests DFS neophytes check Vegas betting lines to see “if bookmakers expect a big pile of runs to be scored in a game” before selecting your team line-up.