9stacks group entity launches fantasy sports portal Faboom

The founders of online poker website 9stacks have started a new fantasy sports porta⛄l Faboom, through a related en𓆉tity named Faboom Gaming LLP.

9stacks, which raised a $4 million , joins a host of other online poker and rummy brands includ🐲ing , Spartan Poker, Adda52, Ace2Three and RummyCircle in foraying into the increasingly competitive and cluttered

As per , to differentiate itself from other existing products, Faboom has brought in an innovative m🌼odel of playing fantasy sports called ‘rank fantasy’.

The model discards the requirement of choosing a captain and vice-captain while drafting a fantasy league team and instead requires players to rank all 11 players in order of their preferen🤪ce, based on which a multiplier is applied to the points achieved by the players.

According to the website, this rank fantasy model reduces variance due to extreme outcomes since the points generated in the rank fantasy format do not significantly depend on the performance of one or two players, unlike the convent🍸ional format that depends to a large extent on the points generated by the designated captain and vice-captain.

In addition to this new format of , Faboom has also announced a Rs. 50 introducto🐈ry bonus to new users wh🅘o signup on the website.