Online Games Vs. Traditional Fantasy Sports Essay

1366 Words Dec 10th, 2016 6 Pages
Daily Fantasy Sports (DFS) are online games where players build a lineup of athletes from a specific professional sport and earn points based on their in-game performance. Players are allotted a budget that they can spend on salaries for athletes to fill out their roster. Salaries for athletes vary based on factors such as skill level, quality of opponent, and injury concerns. The key to winning in DFS is to find players that outperform the value salary in order to help the team score more points. While similar to traditional fantasy sports which last throughout the entire season of a sport, the single-day aspect of DFS is what sets them apart. DFS require less commitment and offer instant gratification. DFS are a relatively new phenomenon that stemmed from traditional fantasy sports, which have been around for decades. When the US Congress signed into law the Unlawful Internet Gambling Enforcement Act in 2006, gambling on the internet, such as online poker, was made illegal in the United States. However, the bill contained specific language that made DFS exempt from the ruling as they were seen as contests where “winning outcomes reflect the relative knowledge and skill of the participants” (Bien). This led to a surge over the next few years with FanDuel, founded in 2009, and DraftKings, founded in 2012, quickly becoming the largest organizations in the DFS industry. By 2015, both companies had reached official partnerships with major leagues in the US. DraftKings has…

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