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The federal law considers fantasy sports a game of skill and not chance. This allows for fantasy sports betting, but it prohibits betting on a single game or player. Although federal law allows for fantasy sports betting, state law may prohibit this activity.

Fantasy Sports and Online Betting: Play it Safe - ARAG Legal Insurance
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Sports wagering is allowed at certain retail locations or online on your computer or mobile device. Fantasy contests are games where you don't bet directly on the outcome of a specific contest. Instead, you pay an entry fee and create a fantasy team to compete against opponents to try to win money or other prizes.

Sports wagering vs fantasy contests - CT
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