FanDuel to send 10 to Vegas to compete for $25,000

(PRESS RELEASE) -- FanDuel, the online fantasy sports site that allows enthusiasts to win cash prizes the same day they play, has opened its inaugural FanDuel Fantasy Football Championship that will send 10 people to Las Vegas to vie for a top prize of $25,000. Registration begins today at noon Eastern and runs through Week 10 of the NFL season.

The FanDuel Fantasy Football Championship will culminate on December 5, when 10 weekly winners will participate in a one-day fantasy football league in Las Vegas.

The winner of the culmination event will receive $25,000 and the victor's trophy. The second-place finisher will win $10,000, with the third-place finisher taking home $5,000. The FanDuel Fantasy Football Championship will also award $1,350 every week to top weekly runner-up finishers, bringing the event's total prize pool to more than $50,000.

Entrants will create their one-weekend fantasy football team from a single weekend's games, so there is no season long commitment. The winner of each weekly competition will earn an expenses-paid trip to Las Vegas, where they will watch the NFL games that Sunday. The person whose fantasy team scores the most points at the end of that day will walk away with a grand total of $25,000.

The cost to enter is $10. Users can enter as many teams as they like, as many times as they like during the 10-week span of the competition, but can earn only one place in the culmination event.

"The FanDuel Fantasy Football Championship will be an exceptional experience," said FanDuel's CEO, Nigel Eccles. "We're combining the best of our online competitions, including the instant win component that makes FanDuel so popular, with an in-person showdown featuring huge prizes in Las Vegas."

The FanDuel Fantasy Football Championship is a weekly draft fantasy football tournament with two rounds. There will be 10 separate first rounds running weekly from week 1 through week 10 of the NFL season. Each week players may enter the competition by drafting teams under the salary cap. Each week the entrant whose team scores the most fantasy points will secure a place in the final.

The final will take place in Las Vegas on Sunday, December 5th. There will be 11 finalists, one from each of the weeks 1 through 10 and also a wild card entry (to be announced later). Finalists will receive an expenses paid trip to Las Vegas to play in the final. The prize includes flights, transfer, two nights' accommodations at the Venetian Las Vegas, Saturday night dinner and party, entry into the final (including free food and drink) and $500 in spending money.