9stacks group entity launches fantasy sports portal Faboom

🐲The founders of online poker website 9stacks have started a new fantasy sports portal Fabo✃om, through a related entity named Faboom Gaming LLP.

9stacks, which raised a $4 million , joins a host of other online po♏ker and rummy brands inclu🌠ding , 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 aᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚn innovative model of playing fan♒tasy sports called ‘rank fantasy’.

The model discards the requirement of choosing a captain and vice-captain while drafting𓆉 a fantasy l🌄eague team and instead requires players to rank all 11 players in order of their preference, 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 conventional 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 ha♌s also announced a Rs. 50 introductory bonus to new users who signup on the website🌄.