Frequently Asked Questions
How do fantasy sports work?
Fantasy sports are based on real life statistics that athletes accumulate. The outcome of your game is based off your players performing better than your opponent's players.
What are fantasy points?
Fantasy points are real time stats from an athlete, that get converted to a new score. Whichever team gets more fantasy points, wins.
EXAMPLE: Jackie Bradley Jr. gets 1 home run (20 fantasy points), 3 runs batted in (30 fantasy points), and 1 run scored (10 fantasy points) for the day. That's a total of 60 fantasy points. All your players fantasy points will be added up and if they are higher than your opponent's players, you win.
Do you have season long leagues?
No. We only have daily games for NBA, NHL and MLB. NFL games are settled weekly. More sports coming soon!
How do I withdraw my winnings?
Withdraw your cash balance by requesting a check to be mailed to you. ($10 Minimum) Allow 7 - 10 days for processing and delivery by U.S. Mail.
Do I have to declare my winnings on my taxes?
If you make over $600 cash playing letsRUMBL, you must fill out a 10-99. We will mail the form to you to fill out and return.
Any and all applicable federal, state, and local taxes and all fees and expenses related to acceptance and use of prize not specifically stated herein are the responsibility solely of winner. Winners will be issued a 1099-MISC tax form for the actual retail value of prize (net of entry fees) for total prizes cumulatively valued at $600.00 or over during a calendar year. Winners may be required to provide their social security number or other information to Synkt Games in order to receive a 1099-MISC tax form. Winners must represent that the following information is truthful and accurate:
- The number submitted to Synkt Games is the correct taxpayer identification number for the winner (or the winner is waiting for a number to be issued), and
- The winner is not subject to backup withholding because: (a) he/she is exempt from backup withholding, or (b) he/she has not been notified by the Internal Revenue Service (IRS) that he/she is subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified the winner that he/she is no longer subject to backup withholding.
Is Daily Fantasy Sports legal?
Yes. Fantasy sports is considered a skill!
In order to deposit money to play paid entry contests, you must be 18 years of age and a legal resident in the 50 United States, Washington DC or Canada, except Alabama, Arizona, Delaware, Hawaii, Indiana, Iowa, Idaho, Louisiana, Mississippi, Montana, Nevada, New York, Virginia and Washington (“Exception States”)
If you are a legal resident of Massachusetts you must be 21 years old at the time of contest registration.
Is letsRUMBL as awesome as I've been told?
Absolutely. We're awesome.