scholarly journals Projecting a Quarterback's Fantasy Football Point Output for Daily Fantasy Sports using Statistical Models

2017 ◽  
Vol 164 (4) ◽  
pp. 22-27
Author(s):  
Nicholas King ◽  
Aera LeBoulluec
Keyword(s):  
Statistical Models ◽  
Fantasy Sports ◽  
Fantasy Football ◽  
Daily Fantasy Sports

Player Pricing Mechanisms and the Daily Fantasy Sport Chance Versus Skill Debate

2021 ◽  
Vol 16 (4) ◽  
Author(s):  
Jeremy Losak
Keyword(s):  
The United States ◽  
Necessary Condition ◽  
Theoretical Discussion ◽  
Fantasy Sports ◽  
Fantasy Football ◽  
Legal Implications ◽  
Expected Performance ◽  
Game Player ◽  
Predominant Factor ◽  
Daily Fantasy Sports

Differentiating and defining games of skill versus chance have major legal implications when classifying gambling, especially in relation to daily fantasy sports in the United States. This paper provides a theoretical discussion and introduces an empirical approach to analyzing game player pricing mechanisms. If game pricing mechanisms are fully efficient—player prices fully reflect the expected contributions from players—then that game is one of chance since there is no opportunity for skill to play a role in outcomes. This paper examines player prices from DraftKings’ daily fantasy football product. Empirical results show that there are strategies deriving from the pricing mechanism that can be incorporated by skilled participants to increase their expected performance and improve their chances of winning. This provides evidence that daily fantasy sports are skill-based—a necessary condition for skill to be a predominant factor in game outcomes as part of the legal debate.

To Play or Not to Play? An Analysis of Dispositions, Gambling, and Daily Fantasy Sport

2019 ◽  
Vol 33 (3) ◽  
pp. 174-188 ◽  
Author(s):  
Brendan Dwyer ◽  
Joris Drayer ◽  
Stephen L. Shapiro
Keyword(s):  
Business Models ◽  
State Legislatures ◽  
Late Summer ◽  
Sports Participation ◽  
Fantasy Sports ◽  
Policy Makers ◽  
Consumption Behavior ◽  
Fantasy Football ◽  
Daily Fantasy Sports ◽  
New Form

Following a mega-advertising blitz in the late summer of 2015, daily fantasy sports (DFSs) entered a maturing fantasy sports market as a new, highly accessible, and potentially lucrative alternative to traditional, season-long fantasy sports. The two activities share a name but represent substantially different business models. In the view of some policy makers and state legislatures, DFS appeared to resemble a new form of sports wagering and as a result, several U.S. states banned the activity. The current study examined the consumption behavior differences and gambling-related dispositions of those fantasy participants who play DFS and those who do not. A total of 314 fantasy football participants were surveyed, and the results contribute to what we know about gambling and DFS participation. Although distinct differences were found between the two groups, the overall assessment of the findings suggest DFS participation appears to align more with highly involved traditional, season-long fantasy sports participation than other forms of gambling.

Daily Fantasy Sports and PASPA

2017 ◽  
Author(s):  
Daniel L. Wallach
Keyword(s):  
Attorney General ◽  
Analytical Framework ◽  
Sports Betting ◽  
Fantasy Sports ◽  
State Legislation ◽  
Sports Industry ◽  
Sports Gambling ◽  
Daily Fantasy Sports ◽  
State Legislative ◽  
Legislative Measures

Recent state legislation regulating fantasy sports contests may present a different type of threat to the nascent fantasy sports industry—the possibility that the U.S. Attorney General (or others) could invoke PASPA to enjoin the state law. This is the same law that prohibits states from legalizing traditional, single-game sports betting. Although PASPA has not yet surfaced as an obstacle to state legalization of DFS, it may emerge as an important issue as additional state legislative measures are introduced, particularly with a new U.S. Attorney General potentially taking a harder look at Internet gambling generally. Further, as more and more states begin passing laws legalizing daily fantasy sports contests, many have begun to question why some forms of sports gambling are allowed but not others. This chapter examines how PASPA could apply to state-sanctioned fantasy sports and provides an analytical framework for assessing the viability of such legislation under PASPA.

scholarly journals Optimising Daily Fantasy Sports Teams with Artificial Intelligence

2020 ◽  
Vol 19 (2) ◽  
pp. 21-35
Author(s):  
Ryan Beal ◽  
Timothy J. Norman ◽  
Sarvapali D. Ramchurn
Keyword(s):  
Real World ◽  
National Football League ◽  
Mixed Integer ◽  
Data Sets ◽  
Fantasy Sports ◽  
Real World Data ◽  
Sports Teams ◽  
Novel Approach ◽  
Four Seasons ◽  
Daily Fantasy Sports

AbstractThis paper outlines a novel approach to optimising teams for Daily Fantasy Sports (DFS) contests. To this end, we propose a number of new models and algorithms to solve the team formation problems posed by DFS. Specifically, we focus on the National Football League (NFL) and predict the performance of real-world players to form the optimal fantasy team using mixed-integer programming. We test our solutions using real-world data-sets from across four seasons (2014-2017). We highlight the advantage that can be gained from using our machine-based methods and show that our solutions outperform existing benchmarks, turning a profit in up to 81.3% of DFS game-weeks over a season.

Are Daily Fantasy Sports Legal?

2015 ◽  
Vol 19 (5) ◽  
pp. 346-349 ◽  
Author(s):  
I. Nelson Rose
Keyword(s):  
Fantasy Sports ◽  
Daily Fantasy Sports

Daily Fantasy Sports

2013 ◽  
Vol 17 (8) ◽  
pp. 553-554 ◽  
Author(s):  
Sue Schneider
Keyword(s):  
Fantasy Sports ◽  
Daily Fantasy Sports

Market Efficiency and the Setting of Salaries for NBA Daily Fantasy on FanDuel and Draft Kings

2020 ◽  
Vol 14 (2) ◽  
pp. 45-60
Author(s):  
Rodney Paul ◽  
Andrew Weinbach ◽  
Jeremy Losak
Keyword(s):  
Market Efficiency ◽  
Fantasy Sports ◽  
Hot Hand ◽  
Daily Fantasy Sports ◽  
Hot Hand Effect

The market for daily fantasy sports for the NBA is examined with respect to efficiency when pricing player salaries for the games.  Simple factors such as home court advantage, rest, and opponent are shown to significantly effect performance beyond posted salaries in the respective markets.  In addition, a “hot hand” effect is found in that players that exceed expectations in previous games are shown to outperform salary-based expectations in the next contest.  These factors yield a rejection of market efficiency as it relates to salaries in the marketplace.  Legal ramifications for these contests as games of skill are examined.

Fantasy Football and Mathematics Score Touchdowns with Students

2006 ◽  
Vol 12 (2) ◽  
pp. 74-80
Author(s):  
Daniel J. Flockhart
Keyword(s):  
National Football League ◽  
Real Life ◽  
Trade Association ◽  
Fantasy Sports ◽  
The Real ◽  
Fantasy Football ◽  
Adolescents And Adults ◽  
And Mathematics ◽  
Mathematics Score

In the 1990s, I combined two of my passions— mathematics and Fantasy Football— into a meaningful, powerful assignment that engaged students in grades 5–8 who lacked motivation in mathematics. Fantasy Football is a game played nationwide by an estimated 15 million adolescents and adults (Fantasy Sports Trade Association 2003). Between 16 percent to 20 percent of all participants are female (Beason 2005). Students create fantasy teams by purchasing National Football League (NFL) players and compete by earning points based on the real-life statistics of the players. Each week, students locate the names of their players in box scores (statistical summaries of games) to compute the points scored by their players. Weekly points are accumulated throughout the entire season, and the student with the highest cumulative points is the winner.

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