3 ms·

I still see no difference between Pinnacle and FanDuel, etc. It's still bookmaking in the end. It does show you that making something illegal does not make it g

I still see no difference between Pinnacle and FanDuel, etc. It's still bookmaking in the end. It does show you that making something illegal does not make it go away, the business routes around the law. Some people apparently want to waste money on gambling just like some people want to take drugs or visit hookers. In the end is it worth making things illegal knowing it won't make any difference?

larrydag 11y ago
The difference is the interpretation of the law. Sports booking in the US is governed by the laws of the state so in most states it's illegal. Daily fantasy sports get around this by saying it takes "skill" and it's not pure luck. In my opinion I don't see how the daily fantasy sports is any different then gambling on horses.
- silverbax88 11y ago
  I don't think it's different and I don't know why either is illegal. I'm not a gambler, so this doesn't really impact me, but I don't get why it's against the law.
- ssharp 11y ago
  It's more than them saying it takes "skill". The US Government blessed fantasy sports as a game of skill and specifically made it legal. The US Government didn't feel the same way about poker and made that specifically illegal, despite it also being a game of skill. Actually, a lot of the seeds of daily fantasy sports came from poker. I'm pretty sure both FanDuel and DraftKings exec teams gave some roots in poker. The legislation that made poker illegal is what also kept fantasy sports legal, so it was near and dear to many avid poker players at the time. You could also easily argue that normal sports betting against handicappers is a game of skill. There are experienced bettors who are long-term winners and it makes sense that if you can accurately find inaccurate lines with the right odds that you could be a long-term winner. I personally don't find anything wrong with daily fantasy sports, but do have a problem that they were given a blessing by the government that other skills games weren't.
  - bluecalm 11y ago
    I can't see why skill should be any kind of justification for making stuff legal/illegal. Why should gambling on a tennis game be legal but gambling on roll of dice shouldn't? I struggle to see any kind of ethical or pragmatic justification for such policy. To be honest if I were to go after gambling I would care about banning skill based games more as they create more delusions, professional players and mechanism to suck young people in.
- jbi 11y ago
  It's nearly the same in Europe / Germany. However, sports betting isn't really under control here. The reasoning is like this: Participation in the progress of playing makes a difference. In one case you are just placing money on things other people are doing. In the other case you are placing money on your own actions. For the risk of gambling addiction this is relevant. And it has a lesser (indirect) potential for fraud.
  - hackerboos 11y ago
    >It's nearly the same in Europe / Germany. However, sports betting isn't really under control here. I've worked for gambling companies in the UK and we are heavily regulated, although not as much in the areas that you would want e.g. addiction.

larrydag 11y ago

The difference is the interpretation of the law. Sports booking in the US is governed by the laws of the state so in most states it's illegal. Daily fantasy sports get around this by saying it takes "skill" and it's not pure luck. In my opinion I don't see how the daily fantasy sports is any different then gambling on horses.

silverbax88 11y ago
I don't think it's different and I don't know why either is illegal. I'm not a gambler, so this doesn't really impact me, but I don't get why it's against the law.
ssharp 11y ago
It's more than them saying it takes "skill". The US Government blessed fantasy sports as a game of skill and specifically made it legal. The US Government didn't feel the same way about poker and made that specifically illegal, despite it also being a game of skill. Actually, a lot of the seeds of daily fantasy sports came from poker. I'm pretty sure both FanDuel and DraftKings exec teams gave some roots in poker. The legislation that made poker illegal is what also kept fantasy sports legal, so it was near and dear to many avid poker players at the time. You could also easily argue that normal sports betting against handicappers is a game of skill. There are experienced bettors who are long-term winners and it makes sense that if you can accurately find inaccurate lines with the right odds that you could be a long-term winner. I personally don't find anything wrong with daily fantasy sports, but do have a problem that they were given a blessing by the government that other skills games weren't.
- bluecalm 11y ago
  I can't see why skill should be any kind of justification for making stuff legal/illegal. Why should gambling on a tennis game be legal but gambling on roll of dice shouldn't? I struggle to see any kind of ethical or pragmatic justification for such policy. To be honest if I were to go after gambling I would care about banning skill based games more as they create more delusions, professional players and mechanism to suck young people in.
jbi 11y ago
It's nearly the same in Europe / Germany. However, sports betting isn't really under control here. The reasoning is like this: Participation in the progress of playing makes a difference. In one case you are just placing money on things other people are doing. In the other case you are placing money on your own actions. For the risk of gambling addiction this is relevant. And it has a lesser (indirect) potential for fraud.
- hackerboos 11y ago
  >It's nearly the same in Europe / Germany. However, sports betting isn't really under control here. I've worked for gambling companies in the UK and we are heavily regulated, although not as much in the areas that you would want e.g. addiction.