Over the past couple of years there have been a lot of controversy over whether or not fantasy sport sites should be considered gambling. Fantasy sports sites make millions of dollars with little to no restrictions such as daily bets and is considered a game of skill. The topic of fantasy sports has a deep history to consider, and there will always be both supporters and critics who continue to debate this topic.
There has been an ongoing debate on whether or not fantasy sports should constitute as gambling. The history of fantasy sports is very interesting and continues to gain popularity today. Fantasy sports "was first invented in 1961 by Hal Richman". Consequently, fantasy sports has been around for more than half a century (Do Daily). With the invention of new technology, such as computers, fantasy sports has gained …show more content…
There are daily, high stake competitions that are very close to gambling, because the Fantasy football games are done in one day. These by itself bring up a good point of where does a person draw the line between having fun and gambling for high stakes. Companies like Draft Kings and Fan Duel have been accused as being insided. This means that employees have been using the nonpublic information to improve their chance of winning. Without the proper guidelines, how can you trust these companies? Consequently, the fact that 91% of the profits were won by just 1.3 % of the players shows that for some reason only a very small amount of players are winning("Senator Calls" 2). These companies are trying to deceive players into thinking that they have a good chance of making a lot of money by having multi-million dollar campaigns. Even though the companies know that 1.3% of the players only win. All of these reasons support the fact that fantasy sports should be considered gambling, but many are still stuck in the mindset that it isn't
There has been an ongoing debate on whether or not fantasy sports should constitute as gambling. The history of fantasy sports is very interesting and continues to gain popularity today. Fantasy sports "was first invented in 1961 by Hal Richman". Consequently, fantasy sports has been around for more than half a century (Do Daily). With the invention of new technology, such as computers, fantasy sports has gained …show more content…
There are daily, high stake competitions that are very close to gambling, because the Fantasy football games are done in one day. These by itself bring up a good point of where does a person draw the line between having fun and gambling for high stakes. Companies like Draft Kings and Fan Duel have been accused as being insided. This means that employees have been using the nonpublic information to improve their chance of winning. Without the proper guidelines, how can you trust these companies? Consequently, the fact that 91% of the profits were won by just 1.3 % of the players shows that for some reason only a very small amount of players are winning("Senator Calls" 2). These companies are trying to deceive players into thinking that they have a good chance of making a lot of money by having multi-million dollar campaigns. Even though the companies know that 1.3% of the players only win. All of these reasons support the fact that fantasy sports should be considered gambling, but many are still stuck in the mindset that it isn't