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The Lucrative And Growing Fantasy Football Industry

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I already knew a good amount about my topic before starting my research so it wasn't too hard. I knew some of the most contreversial topics so I just researched those more deeply. I did not know anything about the laws behind gambling so I started there. It wasn't too hard I just found a government website that had the laws that were relevent to this topic. Then from there I just searched for some statistics about how many people gamble and how much money is spent. Then I watched the Frontline video to get some more ideas and used everything I learned to write this paper.
Online sports gambling has become a huge past time for sports fans all over the world. Thousands are won and lost every day and it changes many people's lives for better or …show more content…

Some people win or lose only a little bit of money, but have tons of fun with friends and makes watching the games much more enjoyable. While it’s true that some people have their lives ruined to addiction, there are ways for them to get help and it shouldn’t stop the majority of people from having fun. Also data shows that only the bottom 5% lose a lot of money.(The Lucrative and Growing Fantasy Football Industry) Because of all this, Online sports gambling should not be completely banned just because a minority of people lose their …show more content…

Many people have won and lost large amounts of money from gambling and it has affected their lives more than they ever imagined. Thanks to all the loopholes that these gambling websites have found, it is easier than ever for people to win or lose thousands of dollars a day predicting sports game outcomes. The U.S. government does not include fantasy sports as a form of gambling and so there aren’t many, if any, restrictions on it. This allows websites like Draftkings and Fanduel to make hundreds of thousands of dollars. Banning fantasy sports and puttnig these companies out of business would not be fair to them becuase they follow all the laws and try their best to keep people out of trouble.(The Fantasy Sports

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Gambling is a huge hobby for some people. If you are really good at it you can make tons of money while doing it. It is illegal in some instances. In the sport of baseball however, it is not legal for players and coaches to gamble on games they are involved in. However, performance enhancing drugs are also considered illegal in professional sports.

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Gambling is a problem for people that are missing the thrill in their lives. Former NFL players miss the thrill of playing football so they turn to unhealthy alternative. A gambling addiction is a quick way to blow money. ”NFL players feel like they have money to burn, and so they gamble with larger and larger amounts. This may be due to peer pressure or it may be due to an addiction.”

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This gives me a huge advantage when I play with my friends. The starting of fantasy football was controversial since it involved a form of gambling, but now days, “the average fantasy footballer spends $100 a year on league fees.” (Mellon). Mike Tierney experienced the ugly side of it when the newspaper where he worked “alerted him to a story on possible gambling in the Police Department.” (Tierney 2).

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The National Football League has been around since the year 1920, growing from “14 member teams in 1920 to the current 32 teams today.” Depending on the contract with their current NFL team, the total contract of a player worth can be a huge some of money; we are talking tens of millions of dollars. Some would say these players deserve these seven or eight figure contracts, as they entertain millions around the world, and are part of the big business we call the NFL. Others would argue that they are paid too much money to do a sport that some High School students have to pay to play.

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Heading into Monday Night Football where your opponent has had all their players play and you are winning by a small point differential it’s time to pull your remaining starters out of your lineup. Without question, pull your Team Defense if the coveted “W” is guaranteed for the week. There is no shame in deciding to err on the side of caution if your point margin is less than 10 points, this is the only way to assure victory. There is no need to risk the Win to grind out a couple of extra points to pad your season point total. This practice can also be extended to Quarterbacks and Running Backs, albeit rare, but on occasion, freak Fantasy Football tragedies can occur leaving your with negative points.

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This is why many have longed for a bill to make gambling on fantasy sports illegal because the of the negative impact it has had on people’s

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Common lit. https://doi.org/10.21623/1.5.2.4 Short, M. M., Penney, A. M., Mazmanian, D., & Jamieson, J. (2015). Lottery ticket and instant win ticket gambling: exploring the distinctions.  Journal of Gambling Issues, 30, 5. https://doi.org/10.4309/jgi.2015.30.4

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The warnings and cautionary messages are plastered all over television and radio with advertisements promoting gambling, telling people that they should seek help for their addiction. How is it that this hypocritical gesture is condoned by the government and accepted by the population? With half a million Australians destroying their lives, why is the national pastime that is gambling still existent in our culture? Australians lose more money per adult on gambling than every other developed country in the world.

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They shouldn’t legalize gambling because it would make things worst for the people struggling and close to it. As long as the economy remains bad there will be even more gambling bills, it will take away time from family atmosphere and create more problems than good, and These are just some of the many reasons why they shouldn’t legalize gambling in

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National Gambling Impact Study Commission Report. (1999). Gambling’s impacts on people and places. Retrieved from http://govinfo.library.unt.edu/ngisc/reports/7.pdf. Rubenstein, R., and B. P. Scafidi.

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In 2006, the Unlawful Internet Gambling Enforcement Act (UIGEA) established that it was illegal for U.S. citizens to participate in certain forms of Internet gambling, namely casino and sports gambling. While the law was directed at both those parties who provide the services and those who participate, participants have largely been ignored short of being too brazen about their activities. This has allowed U.S. citizens to frequent online sites and take advantage of free bets just like anyone else would from countries where online gambling is legal. One interesting aspect of the UIGEA was a special carve-out for fantasy sports. According to the law, playing fantasy sports is a skill that requires effort, not luck.

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Introduction In the PBS Frontline documentary, "The Fantasy Sports Gamble," we follow Walt Bogdanich, as he investigates the fairly new trend of daily fantasy sports and online sport betting; and what was cause behind it. Online gambling has been around as long as the internet. Making it easier to gamble to win or lose money, all from the comfort of your own home. That is, until the Unlawful Internet Gambling Enforcement Act of 2006.

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Since the beginning of organized sport, there has been gambling on a broad variety of activities, whether legal or illegal, and that is the issue. With the sport industry growing more and more annually, the money within the sports gambling industry drastically increasing, the amount that the local governments are benefiting from this should match up with the rapid growth, but it isn’t. Although it is illegal, it is known by all that gambling on sports is a large market whether it be through illegal bookkeepers, an online website or other ways. Also, with an age of daily fantasy growing rapidly, the argument of whether it is skill or gambling is valid for those believe in legalizing sports betting. With so much money going into an industry,

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so when people see them cheating and doing illegal things, does that make it okay for them and nobody else? Leagues need to truly put an end to all of the sports betting that takes place within all professional sports leagues, there is nothing wrong with betting on sports games, but it should not be involved within the league no unfair advantages should be given to these athletes, when you know the game plan for the game, it is a lot easier to know what to place your bets on. When it comes to players betting on their own games it needs to be put to a stop, players need to be held accountable, just because they are professional athletes does not mean that they should be getting special treatments. Leagues need to put an end to sports betting and more rules need to be put in place to hold these guys and girls

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The question at hand is, are the negatives stronger than the positives? One strong negative in the people’s eyes should be the amount of money lost in past years due to the lottery. Sheryl Nance-Nash, author on the website Daily Finance, states that in 2007 the United States citizens spent about $92 billion dollars in gambling (Nance-Nash). That total is more money than the Wisconsin state and local government spent in 2015; Wisconsin only spent $55.7 million (US).

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