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Rumor Mill News Reading Room, Current Archive

How the Daily Fantasy Sports Industry Turns Fans Into Suckers

Posted By: Lymerick
Date: Thursday, 7-Jan-2016 17:37:22
www.rumormill.news/36860

Full disclosure: I am a 36-year-old dude who bores easily, drinks I.P.A.s and wears sports-themed T-shirts, especially ones with faded, nostalgic logos that suggest better times. In my early 20s, I developed a gambling problem that I’ve since learned to spread out over a variety of low-stakes games — Scrabble, pitch-and-putt golf, my stock profile on ETrade. I watch somewhere between six and 20 hours of basketball per week. I try to keep up with the usual cultural things — documentaries about conflict in South Sudan, Netflix binge shows, memes — but whenever I find myself awake in the early morning and there is no email to answer and no news to track, I watch SportsCenter, or I scan the previous night’s N.B.A. box scores to check up on Porzingis, or I read some dissertation on Johnny Cueto’s unusual ability to hold runners on first base. It’s not the most glamorous way to spend my time, but what can I do? My mind, at its most aimless, obsessively seeks out sports information. I am, in other words, the target demographic for the daily fantasy sports industry.

SNIP

http://www.nytimes.com/2016/01/06/magazine/how-the-daily-fantasy-sports-industry-turns-fans-into-suckers.html?_r=0



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AN EXPLANATION OF THE FACTIONS