McKinsey - Fantasy Football... The Curse of Too Much Skill
- tedbull
- Dumbledore
- Posts: 8085
- Joined: 16 Jan 2006, 01:55
- FS Record: FPL 82nd 08/09
McKinsey - Fantasy Football... The Curse of Too Much Skill
Thought this McKinsey piece might interest a few on here.
http://www.mckinsey.com/insights/media_ ... much_skill
http://www.mckinsey.com/insights/media_ ... much_skill
- quizking
- Grumpy Old Man
- Posts: 2730
- Joined: 13 Oct 2005, 18:32
- Location: quizking towers, primrose hill; and running the shop at https://www.quizking.net/
- Contact:
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
Yes, very interesting, and with many parallels to regular fantasy football as played in england.
There has been a plethora of attempted DFS start ups over here of late, encouraged by the huge success of such games in the states. They don't seem to have taken into account a fundamental difference between the markets on either side of the pond; sports betting (both online and offline) is illegal in most of the states but not in the UK, so DFS provides a legal means of getting around a problem that brits don't face.
There has been a plethora of attempted DFS start ups over here of late, encouraged by the huge success of such games in the states. They don't seem to have taken into account a fundamental difference between the markets on either side of the pond; sports betting (both online and offline) is illegal in most of the states but not in the UK, so DFS provides a legal means of getting around a problem that brits don't face.
- Knulpuk
- Dumbledore
- Posts: 8986
- Joined: 05 Dec 2005, 13:22
- Location: MTA (Mid Table Anonymity)
- FS Record: Ultra ultra consistent (see above)
- FPL:
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
Interesting article
The top 11 players paid, on average, $2 million in entry fees and profited $135,000 each. They accounted for 17 percent of all entry fees. The winningest player in our sample profited $400,000 on $3 million in entry fees.
The winningest player - really!
The top 11 players paid, on average, $2 million in entry fees and profited $135,000 each. They accounted for 17 percent of all entry fees. The winningest player in our sample profited $400,000 on $3 million in entry fees.
The winningest player - really!
- murf
- FISO Viscount
- Posts: 109449
- Joined: 13 Oct 2005, 18:28
- Location: here
- FS Record: Once led TFF. Very briefly.
- FPL:
- Contact:
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
$3 million in entry fees - really!
- Mav3rick
- FISO Jedi Knight
- Posts: 20858
- Joined: 20 Jul 2009, 20:35
- FS Record: FPL: 1082, 1201, 1800, 10203
The stats are dark and full of errors.
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
There have definitely been moves over the years to dumb down FPL so I can see the parallels, although FPL is presumably an advertising supported game it's still important to give more players more chance for longer.
- quizking
- Grumpy Old Man
- Posts: 2730
- Joined: 13 Oct 2005, 18:32
- Location: quizking towers, primrose hill; and running the shop at https://www.quizking.net/
- Contact:
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
A bloomberg article on the same topic;
http://www.bloomberg.com/news/articles/ ... y-football
Am as convinced as ever that many business types will have blown thousands on backing daily/weekly games to be big in this country - and I just can't see any of them working: we already have legal sports betting, and the daily games don't have the strategy element that appeals to those of us who already take ff quite seriously, and would otherwise make up much of their target audience. Picklive and mondogoal are still going as far as am aware, fanager seems to have hibernated, fanto, topflightmanager and dna football have all been plugged as the future of fantasy football, yet I can't see that any of them have more than a couple of hundred people playing, if the games have launched at all.
http://www.bloomberg.com/news/articles/ ... y-football
Am as convinced as ever that many business types will have blown thousands on backing daily/weekly games to be big in this country - and I just can't see any of them working: we already have legal sports betting, and the daily games don't have the strategy element that appeals to those of us who already take ff quite seriously, and would otherwise make up much of their target audience. Picklive and mondogoal are still going as far as am aware, fanager seems to have hibernated, fanto, topflightmanager and dna football have all been plugged as the future of fantasy football, yet I can't see that any of them have more than a couple of hundred people playing, if the games have launched at all.
- admin
- FISO Administrator
- Posts: 12120
- Joined: 13 Oct 2005, 17:29
- Location: Fantasy Sports Forum
- FS Record: Won TFFO, 2nd/3rd TFF, Won BFF, Won FLGolf
- FPL:
- Contact:
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
Seems like DraftKings are going to have a go later this year:quizking wrote:There has been a plethora of attempted DFS start ups over here of late, encouraged by the huge success of such games in the states. They don't seem to have taken into account a fundamental difference between the markets on either side of the pond; sports betting (both online and offline) is illegal in most of the states but not in the UK, so DFS provides a legal means of getting around a problem that brits don't face.
http://dailyfantasysports.codes/wire/dr ... k-license/
- quizking
- Grumpy Old Man
- Posts: 2730
- Joined: 13 Oct 2005, 18:32
- Location: quizking towers, primrose hill; and running the shop at https://www.quizking.net/
- Contact:
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
Very interesting - they certainly have the backing to throw a huge advertising budget behind a launch. Though the article makes the same point as mine, re sports betting being legal here already.
Also recall "fanball", american company which had a big advertising launch here in around 2006, folded and went home with their tail between their legs. Many fiso pages devoted to their travails ...
viewforum.php?f=58
Will see what happens soon enough ...
Also recall "fanball", american company which had a big advertising launch here in around 2006, folded and went home with their tail between their legs. Many fiso pages devoted to their travails ...
viewforum.php?f=58
Will see what happens soon enough ...
- Big_George
- Kevin and Perry
- Posts: 27
- Joined: 25 Jun 2015, 15:27
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
I believe Draftkings have been surveying potential customers to see if they prefer 11 a-side to their current 8 a-side format. Would be interesting to see the results.
The prize pools should hold the key to the success of the industry in the UK and Europe.
The prize pools should hold the key to the success of the industry in the UK and Europe.
-
- Newbie
- Posts: 1
- Joined: 05 Sep 2015, 05:54
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
I think you are right.tedbull wrote:Thought this McKinsey piece might interest a few on here.
http://www.mckinsey.com/insights/media_ ... much_skill
- RomynPG
- Dumbledore
- Posts: 9639
- Joined: 13 Oct 2005, 18:32
- FS Record: FPL 134 overall 06/07 ... never close since
- FPL:
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
http://www.nytimes.com/2015/10/06/sport ... ivals.html
"A major scandal is erupting in the multibillion-dollar industry of fantasy sports, the online and unregulated business in which players assemble their fantasy teams with real athletes. On Monday, the two major fantasy companies were forced to release statements defending their businesses’ integrity after what amounted to allegations of insider trading, that employees were placing bets using information not generally available to the public.
The statements were released after an employee at DraftKings, one of the two major companies, admitted last week to inadvertently releasing data before the start of the third week of N.F.L. games. The employee, a midlevel content manager, won $350,000 at a rival site, FanDuel, that same week."
"A major scandal is erupting in the multibillion-dollar industry of fantasy sports, the online and unregulated business in which players assemble their fantasy teams with real athletes. On Monday, the two major fantasy companies were forced to release statements defending their businesses’ integrity after what amounted to allegations of insider trading, that employees were placing bets using information not generally available to the public.
The statements were released after an employee at DraftKings, one of the two major companies, admitted last week to inadvertently releasing data before the start of the third week of N.F.L. games. The employee, a midlevel content manager, won $350,000 at a rival site, FanDuel, that same week."
- quizking
- Grumpy Old Man
- Posts: 2730
- Joined: 13 Oct 2005, 18:32
- Location: quizking towers, primrose hill; and running the shop at https://www.quizking.net/
- Contact:
- axel
- Grumpy Old Man
- Posts: 2024
- Joined: 13 Oct 2005, 18:44
- Location: On the 4th Floor
- FS Record: TFF superleague winner 08/09 & 11/12, Euro 08 superleague winner, 64th in TFC08, Fantasy Cricket 08/09 + 09/10 SL winner
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
Interesting vid on DK in US. Interview with one of the winners. Anyone use algorithims on here?
https://youtu.be/Xh-jygzzmK4
https://youtu.be/Xh-jygzzmK4
- admin
- FISO Administrator
- Posts: 12120
- Joined: 13 Oct 2005, 17:29
- Location: Fantasy Sports Forum
- FS Record: Won TFFO, 2nd/3rd TFF, Won BFF, Won FLGolf
- FPL:
- Contact:
Re: McKinsey - Fantasy Football... The Curse of Too Much Skill
Fantasy sport firm FanDuel warns of threat from US regulations - http://www.bbc.co.uk/news/uk-scotland-s ... s-36308350
View Latest: 1 Day View Your posts