I'd like to be kept informed on this subject. It seems interesting, but I'd like to know more from the guys playing before I delve in.
If you're worried about legitimacy and payouts, dont' be. It's 100 percent legal as the courts have ruled fantasy sports are NOT a game of chance, but rather that of skill.
They have free contests you can play just to fool around with their software and see if you like it, just to learn how it works and there might be a small prize or something. I know DK does. That's my preferred place to play.
You can play in the NBA $2.00 layup each day. Tonight's guaranteed is $60,000 with first place taking home 5k and they pay 1k places.
Basically, I'm just trying to say it doesn't cost much if anything to try it out. I think you'd probably at least have fun with it without a major cost to you. It's definitely legit.
If people do join there are referral bonuses so ask Jack for his ID, he might need the boost as he's starting out.