The Daily Fantasy Sports Betting Fix Is In

Fantasy sports betting daily websites have taken the risk out of bookmaking and provided the ultimate “money tree on steroids” business model that even the NFL, NBA and MLB couldn’t help but partner up with. Especially after after hearing the sales pitch. Why not, considering the billions in upside and no downside what so ever. That is if the Internet gaming laws that permit games of skill holds up. It is a bookmaking operation that not even for a second runs the risk of having a bad day, or even worse running up against a sharp player that's hot and crushing it betting football picks, basketball picks or baseball picks. These are fundamental bookmaking risks that the daily fantasy house doesn't have to deal with with sports bettors who handicapping and trying to earn money wagering traditionally on football picks, basketball picks or baseball picks. There are no lines to move to attract wagers to one side or other to try and guarantee your juice and somewhat work for your profits. In other words the local bookmaker or Las Vegas sports book especially in the short term runs the risk of taking huge losses to sharp bettors while daily fantasy doesn't have those pesky books to balance and sharp players to worry about. There can never be and will never be a rooting interest because it's the absolute perfect business model and cash cow that makes the state lotteries jealous. As a matter of fact it's so perfect that at the beginning of every week the daily fantasy sports businesses knows exactly what their profit will be at weeks end provided they sell out all their contests. Plus another 6% from each side regardless of who wins or loses on any head to head action. So not only are they taking candy from babies but they also take 2% more than anybody else in Vegas or locally. And when the juice goes over 10% you have to feel like a rube. But you shouldn’t expect any less from the ultimate bookmaking business model ever created. As one of the principles of a major daily sports operation said, it is the ultimate sports business model and the profits are enormous. And the best thing is that once the money was spent developing the systems and software its all gravy. Also as the house they don't have to worry about sharp sports bettors or information or weather or injury and they don't care what type of information is leaked or obtained by people inside locker rooms or by professional bettors. Also it doesn’t make a difference what sport it is or the continent it is played on, weather it’s a team games or an individual sports. And theoretically the operations brain is a program that attaches dollar values to individual players at individual positions. Its done every morning in a matter of minutes and then its off to the golf course because there is nothing to stress or worry about other than the server and keeping the web site up. And of course hiring accountants and lawyers to count and protect the profits.

But don’t expect the casino industry lobbyists to take this lying down. The advertising onslaught and rapid growth of this industry has many people questioning weather or not a possible change needs to be made to the internet gambling act claiming that it is poorly written and needs revising. Also that the daily fantasy industry needs government oversight considering the nature of the game and considering the inside information needed to more easily win these contests is available to the employees of the companies themselves which raises the question. How many of these large prices have been won by the friends and family members of the programmers and the answer is at least one that we know of. The truth is its about probabilities and the programmers at draft kings know what players are most seldom used and if have big performances will shoot them to top of contests. Its huge advantage when you know what players not to use. So those of you that are enjoying the action and the rush that comes with having a chance at winning $1,000,000 every week for a $20 investment our are advice to you is to enjoy it while it lasts. The truth will always remain that it is less a game of skill than traditional sports betting. The truth is that daily sports is in the long run going to diminish interest in being the fan of a team and its also going to usher in the newest generation that will be into fantasy at an early age and never care about final scores of games or care who's in first or last place. But for sports bettors everywhere one common thread is just having action and daily sports provides it at a cheap price. But you can forget about long term success like a sharp sports bettor can betting football picks, basketball picks or baseball picks against the spread. Associates of ours with accounts at both major daily fantasy sports websites as well as traditional betting avenues always tell us that although they enjoy it for its entertainment value it will not ever replace traditional sports betting as we know it.