Industry leader DraftKings is in the midst of filling out the 50 spots for the debut edition of its King of the Pitch tournament, which will unfold on the final day of the English Premiere League season, Sunday, May 15th. The contest, which DraftKings bills as its “biggest soccer contest ever”, will feature a $150,000 total prize pool and pay out $25,000 as its top prize.
Multiple Ways to Qualify
DraftKings is currently running satellite contests ranging from $3-$100 in entry fee, and qualifiers priced between $5 and $530. Opportunities to win seats to the EPL-themed event will run until May 7, and qualifiers will be limited to a maximum of five entries total. A total of $82,500, slightly over half of the total prize pool, will be paid out to the top 10 finishers.
In the contest’s upper echelon, second place will be awarded $15,000, third place will receive $10,000, and the fourth and fifth place finishers will see their accounts grow by $7,000 and $6,000, respectively. Meanwhile, the bottom 10 finishers will receive payouts of $1,000 apiece.
Any user that happens to win multiple qualifiers in a single day that would result in them exceeding the five-entry threshold would have the excess tickets converted to their equivalent cash value, and that dollar figure would be deposited into the user’s account.
A look at the current state of the contest reveals that 34 of the 50 spots have already been filled, with one user, Saramek, having qualified for the maximum five entries so far.
Culmination of Momentous EPL Season for DraftKings
The rollout of the King of the Pitch tournament comes at the conclusion of the first EPL season following DraftKing’s expansion into the United Kingdom, which was highlighted by its forging of sponsorship deals with three high-profile EPL teams- Arsenal, Liverpool and Watford.
Additional teams could certainly be added before the launching of the next EPL season, providing the leading DFS operator with additional branding opportunities as it attempts to expand its reach in its most nascent market.
While the King of the Pitch prize pool pales in comparison to those offered by season-ending contests for the dominant triumvirate of DFS sports (NBA, NFL and MLB), the six-figure sum is still certainly notable for the first year of the event.
As has been the case with past live finals and end-of-season events in other sports, the size of both the contest and prize pool could certainly scale upward in coming seasons as DraftKings gains additional traction in the UK market.
Of the industry’s pair of heavyweights, DraftKings is the only one that has made the foray into contest offerings for soccer. FanDuel has opted not to enter the space for the time being, but does notably have a pending application for the gaming license that will allow it to eventually operate in the United Kingdom as well.