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Thread: Fantasy Football

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    Senior Member Bos Mutus's Avatar
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    Fantasy Football

    Finally got back into a Fantasy league after several years away...sure makes the season more fun...almost all the games are interesting to you for one player or another.

    Saw this interesting article though...with all the "daily fantasy" things going now, playing fantasy is no different than other sports betting, but has an exemption to be legal....wonder how long that'll last? It's becoming a big deal.

    The start of the NFL season draws renewed focus on fantasy sports, a chance to assemble imaginary teams featuring your favorite players. While fantasy sports leagues often cover an entire season, an emerging trend involves one-week or daily fantasy sports, offering a shorter window, but the potential for an immediate payoff. Daily fantasy football has become big business, and the rewards can be substantial.
    But do the leagues represent a form of gambling?
    Two of the most popular daily fantasy sports providers are FanDuel and DraftKings, both estimated to bring in tens of millions of dollars in entry fees for the NFL’s first week, according to a recent Bloomberg article. The services have partnered with major sports leagues and brands. DraftKings, for instance, has an advertising relationship with ESPN, which, like ABC News, is part of the Walt Disney Co.
    Daily Fantasy Sports Companies Eye Breakout NFL Season
    ESPN Sports Business Reporter Darren Rovell said daily fantasy football requires more skill than chance.
    “Every day, you know who is going to play,” Rovell said. “If someone gets hurt, it’s luck. But if it’s just coming down to that day, it’s actually harder to win at daily fantasy than it is at season-long fantasy.”
    The leagues, in which participants make up teams with real players, have drawn added attention to NFL action. Studies show that fantasy participants watch more games – and watch them for longer – than people who don’t play fantasy sports.
    But critics, including Congressman Frank Pallone, D-N.J., argue that the leagues are a form of gambling. Pallone, ranking member of the Energy and Commerce Committee, requested a hearing to examine the relationship of fantasy sports to gambling in professional leagues.
    “You know, put down a bet and get a high return by betting on a team, players, whatever. How is it any different from sports betting? I don't see it; what, because you call it fantasy?” Pallone said.
    The fantasy industry says it's already legal and has no interest in being regulated if it comes with a "gambling" label. Even the traditional casino companies and regulators have eschewed the word "gambling" until recently, opting for the more antiseptic "gaming" instead to describe what they do.
    Daily fantasy sports and its defenders point to a 2006 law, the Unlawful Internet Gambling Enforcement Act, that carved out a specific exemption for "fantasy sports" well before the concept of daily games versus week-long or season-long were contemplated. Before the rise of daily fantasy sports, the exception was mostly used by top season-long fantasy operators like Yahoo and CBS Sports.
    "Thanks to fantasy sports being specifically excluded from laws affecting online sports betting, FanDuel is not illegal in any way. Trust us, our lawyers drive very nice cars so that we can keep it that way," FanDuel says on its website as its short answer for the frequently asked question, "Is FanDuel Legal?"
    Meanwhile, some sports fans really do hit the jackpot. Travis Spieth was able to quit his day job after winning $1 million in a 2013 FanDuel contest.
    “It’s very comparable to stock trading, and if you ask somebody that's dealing in stocks, they're definitely not going to tell you they're gambling cause there's a lot of research involved,” Spieth said.
    The Voice of Reason

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    Quote Originally Posted by Bos Mutus View Post
    Finally got back into a Fantasy league after several years away...sure makes the season more fun...almost all the games are interesting to you for one player or another.

    Saw this interesting article though...with all the "daily fantasy" things going now, playing fantasy is no different than other sports betting, but has an exemption to be legal....wonder how long that'll last? It's becoming a big deal.

    I've been playing Daily Fantasy for several years now. I play on both DraftKings and FanDuel. I also write articles for a site that gives advice on Daily Fantasy. Most of the Daily Fantasy Sports (DFS) community is adamant that DFS is not gambling. Most of the people that play DFS transferred over from online poker and they all remember what happened on "black friday." It's really funny having this discussion within that community. People will tell you DFS is a "game of skill" which is not "gambling". Those two terms are not mutually exclusive. If I play you in a game of Chess for $100 that is both gambling and a game of skill.

    For those of you not familiar with DFS the reason it is legal is because of a carve-out in the Unlawful Internet Gamling Enforcement Act (UIGEA). The UIGEA wasn't even a stand alone bill. A sneaky Congressman added it into the SAFE Port Act. The problem was that the NFL and other sports leagues have enough lobbyists that congress members refused to support the UIGEA unless an exemption was added for fantasy sports.

    If you try out DFS you will quickly learn it is 100% gambling. DFS players use all the same info that a sports bettor would use. If you play baseball on FanDuel you are awarded four points for your pitcher getting the win. The average score in a 50/50 (where half the people double their money) is about 35. Your starting pitcher basically accounts for around half of your points.

    Some advanced players also use a technique called "stacking" where you take as many players as the site will allow from the same team. FanDuel now limits you to four hitters while DraftKings limits you to six. Some players will play the $300 entry contest every night and just stack six hitters from the top ten over/unders. This is basically the same as betting the over for these games. What they are counting on is one of their teams to score 10+ plus runs. If that happens they will get point for the batter as well as base runners. Basically it multiplies your upside. It's annoying how effective it really is. Earlier this year someone won $1M dollars in a $20 contest by simply stacking every single team playing that night.
    Last edited by SomeRandomGuy; 09-15-2015 at 05:49 PM.

  3. #3
    Senior Member Bos Mutus's Avatar
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    Quote Originally Posted by SomeRandomGuy View Post
    I've been playing Daily Fantasy for several years now. I play on both DraftKings and FanDuel. I also write articles for a site that gives advice on Daily Fantasy. Most of the Daily Fantasy Sports (DFS) community is adamant that DFS is not gambling. Most of the people that play DFS transferred over from online poker and they all remember what happened on "black friday." It's really funny having this discussion within that community. People will tell you DFS is a "game of skill" which is not "gambling". Those two terms are not mutually exclusive. If I play you in a game of Chess for $100 that is both gambling and a game of skill.
    Yeah that "game of skill" argument doesn't make sense. Same can be said for any sports gambling and poker as well. I don't see Fantasy as any different.

    For those of you not familiar with DFS the reason it is legal is because of a carve-out in the Unlawful Internet Gamling Enforcement Act (UIGEA). The UIGEA wasn't even a stand alone bill. A sneaky Congressman added it into the SAFE Port Act. The problem was that the NFL and other sports leagues have enough lobbyists that congress members refused to support the UIGEA unless an exemption was added for fantasy sports.
    Fantasy Football has been great for the NFL though...read an article of how much more people watch that are in Fantasy. There are a lot of games I wouldn't be too interested in were it not for having a Fantasy player or two involved.

    If you try out DFS you will quickly learn it is 100% gambling. DFS players use all the same info that a sports bettor would use. If you play baseball on FanDuel you are awarded four points for your pitcher getting the win. The average score in a 50/50 (where half the people double their money) is about 35. Your starting pitcher basically accounts for around half of your points.
    I tried out baseball once...way too much commitment for too long a time...at least for a whole season league. Daily is probably different.

    At least football is just kind of review some notes and set a line-up once a week...in baseball you have to keep track of it every single day...for a looooong season. Football is ideally suited for Fantasy

    Some advanced players also use a technique called "stacking" where you take as many players as the site will allow from the same team. FanDuel now limits you to four hitters while DraftKings limits you to six. Some players will play the $300 entry contest every night and just stack six hitters from the top ten over/unders. This is basically the same as betting the over for these games. What they are counting on is one of their teams to score 10+ plus runs. If that happens they will get point for the batter as well as base runners. Basically it multiplies your upside. It's annoying how effective it really is. Earlier this year someone won $1M dollars in a $20 contest by simply stacking every single team playing that night.
    Whoa.
    The Voice of Reason

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    Quote Originally Posted by Bos Mutus View Post
    Whoa.
    Here is an article about stacking and multi-entry. This is a pretty big debate within the DFS community as well. Some of the players with possibly millions in their bankroll are effectively able to bully the guys play one or two lineups. This article is about the $300 Entry tournament over a 10-day period. Someone who ponies up $300 for a contest is surely not a "fish" and knows what they are doing.

    One player alone had $104,000 in entries across that 10-day period and came out with a net loss of $6,275. Another player took a $15,000 loss over that period while another player netted a profit of $43,500.

    Needless to say, it is gambling and there are some very large sums of money changing hands.

    https://rotogrinders.com/blog-posts/...-debate-699172

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    Senior Member Bos Mutus's Avatar
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    Start or sit.

    Deangelo Williams or Alfred Morris?
    The Voice of Reason

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