Fantasy Sports = Worse Than Gambling

Fantasy leagues used to be between a group of friends, but fantasy sports have become big business. It’s actually disturbing to some degree because it’s really gambling. Fantasy sports are now bigger than Vegas sports books. Even better yet (for the owning companies), there are larger and larger numbers of losers entering the fantasy sports leagues, losing more and more money to an elite core of winners. As recently cited in the national media, some insiders working for two of the largest fantasy sports websites, DraftKings and FanDuel used statistical data to win large amounts of money playing on the other site. Leaving the rest of you, incited by a blizzard of advertising on TV and radio media, to play with little hope of winning. You are basically That Guy, that person who shows up at a car dealership. You end up with an awesome new car you really had to have, at an interest rate of 8.99% over 96 months, at just a little over MSRP.

You are a sucker.

You still think you can win, even though you don’t have supercomputers and complex algorithms. So you continue to play even though you know you won’t win. By the end, you’ve given away a ton of money. It’s easier than slot machines for the fantasy web sites. The building their mark is operating in isn’t even paid for by the business!

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About bittersportspills

I love sports. I don't love the hype, homerism, ratings talk, self-important egomaniacs, bias or any of the other nonsense you get with the national media. Nor will you get the two clowns on sports talk radio who stage phony arguments. It doesn't make it entertaining. It makes it time to turn on your iPod and jam instead of listening to white noise generators. This is the sports blog for you, the ones who don't like everything Los Angeles or New York. Just because the sporting media is based there doesn't mean we have to like their teams. We do treat them fairly, though. That means if one of those cities has an average QB who plays particularly well...we'll note it. If they're garbage, we'll say so. Instead of crying "why, why, why" like a certain sports media homer did in his radio broadcast. This isn't my job...I have a real one. Nevertheless, I'll post here when I make an observation. Common sense in sports is nearly dead. Now we're attempting to bring it back.
This entry was posted in Cheaters, Consumerism, Football, Money, NFL, sports, sports media and tagged , , , , , . Bookmark the permalink.

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