Resorts Casino launches FastPick fantasy parlay betting product

Resorts Casino Hotel has become the first Atlantic City casino to launch a daily fantasy sports product that strongly resembles parlay betting.

On Monday, the Associated Press broke the news that FastPick.com had begun offering online daily fantasy sports contests in tandem with Resorts Digital Gaming, marking the first time a casino based outside Nevada offered its customers a real-money DFS product.

The launch of FastPick, which is powered by Sport Analytics & Data (SportAD), is all the more notable given its structure, which strongly resembles traditional parlay wagering. FastPick customers play against the house, rather than each other, with wagers that start as low as $5 for payouts that max out at an impressive $100k.

FastPick offers players a range of preselected head-to-head athlete matchups in a given sport – current choices are NFL, NBA, MLB and English Premier League – from which players select anywhere from three and 10 matchups. The athletes’ performance determines the score, and if all of the athletes chosen by the player outperform the house’s lineup, cha-ching.