To see less ads Register or Login ----- Daily Fantasy Sports games 18+

McKinsey - Fantasy Football... The Curse of Too Much Skill

General Fantasy Football notices & comment. Please use the Specialist FF forums for other Fantasy Football messages.

Post Reply
User avatar
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

Post by tedbull »

Thought this McKinsey piece might interest a few on here.

http://www.mckinsey.com/insights/media_ ... much_skill

User avatar
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

Post by quizking »

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.

User avatar
Knulpuk
Dumbledore
Posts: 8986
Joined: 05 Dec 2005, 13:22
Location: MTA (Mid Table Anonymity)
FS Record: Ultra ultra consistent (see above)

Re: McKinsey - Fantasy Football... The Curse of Too Much Skill

Post by Knulpuk »

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!

User avatar
murf
FISO Viscount
Posts: 109449
Joined: 13 Oct 2005, 18:28
Location: here
FS Record: Once led TFF. Very briefly.
Contact:

Re: McKinsey - Fantasy Football... The Curse of Too Much Skill

Post by murf »

$3 million in entry fees - really!

User avatar
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

Post by Mav3rick »

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.

User avatar
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

Post by quizking »

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.

User avatar
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
Contact:

Re: McKinsey - Fantasy Football... The Curse of Too Much Skill

Post by admin »

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.
Seems like DraftKings are going to have a go later this year:
http://dailyfantasysports.codes/wire/dr ... k-license/

User avatar
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

Post by quizking »

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 ...

User avatar
Big_George
Kevin and Perry
Posts: 27
Joined: 25 Jun 2015, 15:27

Re: McKinsey - Fantasy Football... The Curse of Too Much Skill

Post by Big_George »

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.

linda00145
Newbie
Posts: 1
Joined: 05 Sep 2015, 05:54

Re: McKinsey - Fantasy Football... The Curse of Too Much Skill

Post by linda00145 »

tedbull wrote:Thought this McKinsey piece might interest a few on here.

http://www.mckinsey.com/insights/media_ ... much_skill
I think you are right.

User avatar
RomynPG
Dumbledore
Posts: 9639
Joined: 13 Oct 2005, 18:32
FS Record: FPL 134 overall 06/07 ... never close since

Re: McKinsey - Fantasy Football... The Curse of Too Much Skill

Post by RomynPG »

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."

User avatar
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

Post by quizking »


User avatar
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

Post by axel »

Interesting vid on DK in US. Interview with one of the winners. Anyone use algorithims on here?

https://youtu.be/Xh-jygzzmK4

User avatar
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
Contact:

Re: McKinsey - Fantasy Football... The Curse of Too Much Skill

Post by admin »

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
Post Reply

Return to “General Fantasy Football (FF) Notices & Comments”