The group may have an amount of money that everyone throws into the pot, and that becomes the prize. They're all graduated in real jobs so they can afford to do that. Oftentimes, leagues like this will have a home page set up on the Internet, where they can check their team's stats and standings. Friends, or managers as they are called, can post comments on a message board to taunt each other, too. Once the teams are selected, there are points allotted for hitting and pitching.
Managers can trade players among each other.
Points are given to the teams based on the player's hitting and pitching performance. The criteria for hitting stats consist of home runs, runs batted in, batting average, runs scored, and stolen bases. The pitchers can earn points with wins, saves, ERA, and strikeouts. The system of exactly how many points are given for all of these varies from league to league. At the end of the 162 games the fantasy leaguer whose team has collected the most points wins.