John Oliver vs. Daily Fantasy Sports

[Pauly McGuire DrPauly (PokerStars) Clubber Holothurianism: +35 % 1,567 posts]

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John Oliver vs. Daily Fantasy Sports

John Oliver, British comedian and host of HBO's Last Week Tonight, unleashed a hysterical take down of the daily fantasy sports industry in an enthralling 19-minute segment that included a DFS parody commercial starring Seth Rogen.

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John Oliver questions the hazy gambling laws in America and the loophole that saw the rise of daily fantasy sports biz

[DaveAngello Clubber Holothurianism: 0 % 1 post]

Well I actually don't agree with that at all. In my opinion, DFS are indeed a game of skill. The same principle applies to derivatives on the financial market - there is an underlying asset (for example, oil) and you "bet" on whether the price will go up or down and you win or lose money based on that, although you don't really own the asset itself. In the case of DFS, the underlying asset is the real players' performance, something that is far from random. If we can agree on the fact that it takes skills and knowledge to foresee the changes in the price of oil, then it must follow that being good at DFS requires skills as well. Here's another article  on the subject that you might want to check out, it offers a very realistic view on DFS: http://fantasysportsdaily.com/is-dfs-on-the-verge-of-shutting-down/