"Sports Investing" (ie: Those radio shows you hear where they tell you to call for free picks)

[Yippeekayay]

Originally Posted by BeerGeek40

There are actually people making a living with daily fantasy sports.

Curious how they do that.

[BeerGeek40]

Originally Posted by Yippeekayay

Curious how they do that.

https://en.wikipedia.org/wiki/Maxdalury


1. Big amounts of research, spreadsheets, etc
2. They risk large amounts of money to cover many different player combinations

[Yippeekayay]

Originally Posted by BeerGeek40

https://en.wikipedia.org/wiki/Maxdalury


1. Big amounts of research, spreadsheets, etc
2. They risk large amounts of money to cover many different player combinations

Thanks. Very interesting. Hope it does get regulated in at least half of the country.

[jobber123rd]

Originally Posted by Yippeekayay

I would love to see online betting legalized in America, or at least in most States. The main advantage of online is convenience as well as possibly lower cost due to more competition from websites, pooled money. And most importantly, protection of both bettor and web bookie.

To be pedantic, online betting is already legal...for horses. Horse Racing and Fantasy Sports got specific carve-outs when the federal government passed laws last decade that were largely designed to shut down the offshore online poker sites. (Hence the rise of daily fantasy sports products.)