ipl-logo

Should Fantasy Websites Be Banned

1147 Words5 Pages

If anyone wants to say that daily fantasy websites like FanDuel and DraftKings are games of skill, then they need a moment to realize some of the facts. Multiple states have already taken action to decide the legality of these sites, and the ones that have taken action have decided that these websites are, in fact, illegal. So far, 8 states have blocked or restricted websites like FanDuel and DraftKings, and it will not be long until many more states follow their example. Although a law passed in the year 2006 states that fantasy sites are exempt, the law is outdated, and daily fantasy leagues did not exist at that time. This is an issue that needs to be readdressed, and when it does, it should go against the legality of daily fantasy sites …show more content…

In the article, "Is Your Fantasy Football Squad Illegal? a Scandal Sparks a New Effort to Regulate Daily Fantasy Sports", Jim Pagels states, "In reality, all of these games involve some component of both skill and luck, and there's never been any clear legal definition as to what exactly designates a game as being skill or chance other than ambiguous, subjective regulatory rulings. To make matters more confusing, these designations vary by state."(Pagels). Many people believe that they are games of chance, which would make them illegal. It is up to the individual states to decide the legality of these websites. Along the lines of what was stated earlier, 8 states at the present time have blocked or restricted websites like FanDuel and DraftKings, and it will not be long until other states do the same. The websites are calling themselves games of skill which makes them legal. In reality though, these sites are games of chance which is …show more content…

These websites get individuals to believe they have a high chance of winning when in reality, they do not. The reason for the shutdown of SnapDraft, the website mentioned earlier, was because the margins of profit the website took in and the money it paid out were simply too far apart. In the article, "Why You (Probably) Won't Win Money Playing DraftKings, FanDuel" , the Daily Herald argues the point that DraftKings and FanDuel are unfair gambling sites. The article states that in a study, Miller and Dan Singer concluded, "The top 1 percent of players, they found, paid 40 percent of the entry fees but reaped 91 percent of the profits. Meanwhile, the "minnows" in the bottom 80 percent paid an average of $49 in entry fees and lost half that cash"("Why You (Probably) Won't"). This reveals that 99 percent of players only reap about 9 percent of the money put into these websites. To further prove that daily fantasy leagues are unfair, think of it like this; individuals wouldn't go to a casino and play at a table with the best players. On these sites, individuals play against the best on the site with each bet they place. The best player on DraftKings makes over 600 bets per week and wins a majority of them. The odds of winning or even making a profit off of playing on DraftKings and FanDuel or on websites like them is so unfair that they aren't

Open Document