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For Addicts, Fantasy Sites Can Lead to Ruinous Path

• SeanBoocock 11y ago
  FanDuel said in a statement: “In any nascent, disruptive industry, important questions are often raised about how the industry should operate. Fantasy sports is no different, and we are reviewing our policies and practices to ensure consumers have a positive experience on our site.” This statement, and the attitude motivating it, is extremely irksome. If your disruption is plowing VC money into user acquisition and legal fees, while you skirt (or break) existing regulations and exploit your users and employees (oh sorry I meant independent contractors), I want no part of it.
  • deleted 11y ago
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• thesteamboat 11y ago
  While the article is okay, the headline is tautological --- 'For addicts, the thing they are addicted to causes problems'.
  • jacobwcarlson 11y ago
    Agreed. In fact, it was only your comment that got me to go back and read deeper than the first three paragraphs, where I found an interesting article.
• mathrawka 11y ago
  It's gambling in the same sense poker is gambling. There is skill involved in both, but if you are in it for the short term you will face variance and could lose money regardless of skill. If you have skill AND play for a long time, then the variance is lowered and it is positive EV. It is in the site's best interests to actually decrease the skill portion and increase the luck portion. The main reason is because new user's will try it out a few times, lose all their money to the site's sharks and say they cannot win and give up.