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Why is it Legal?
IS IT A GAME OF SKILL
There has been a long-standing debate as to whether or not fantasy sports is a game. Let’s just state for the record that it’s not just a game. It’s a very competitive and requires a great deal of skill. In fact, there are countless publications designed to keep fans up-to-date with everything that goes on in fantasy sports.
As a manager, he or she needs to know more then just the stats of the game. Yes, there are charts and graphs to keep them occupied, but it’s more then that. What must all be considered with fantasy sports?
2)Coaching styles(not all coaches do things the same way).
4)Playing both home and away games(most teams have more of an advantage when they play on their own turf).
5)Prospects(Will the game be a good win or not).
6)Statistics(Every game will either increase or decrease a team’s odds).
WHAT DOES THE FEDERAL GOVERNMENT HAVE TO SAY
To be honest, they don’t even classify fantasy sports as a game. It was signed in October of 2006. President Bush signed it into law at the time. With the exception of horse racing and online lotteries, everything else was declared illegal.
Why were fantasy sports considered exempt? It has an “educational” aspect to it. It has a “physical aspect” to it. This is why it was considered legal by many standards. Fantasy sports also determines the participants chances of winning, as well as the individual physical involvement.
WHO ELSE SUPPORTS FANTASY SPORTS
To be honest, it’s difficult to find organizations who support things like this. Two of the top supporters are the MLB(Major League Baseball)and the NFL.(National Football League) How engrossed are they? They help bring consumers awareness of it. They advertise it on their sites. They even set up Fantasy Sports games for people to play. They don’t just offer the free games, they also offer play-by-play. Who else supports it?
This is just a small list of who are big supporters of Fantasy Sports.
WHO ALL BECOME PLAYERS
It all depends. Each player varies, as does their motive for wanting to play. Some might say that money is a major contributing factor. Actually, it’s not really in the top five reasons. Money does play a role, but not like so many assume it does. Most players actually don’t get involved for the cash or other prizes. What is the ma reason then?
Most start doing it because of the competition. They want to compete against their friends and other avid sports fans. It’s the thrill of winning. That is why so many get involved. In 2010, over 30.6 million players were polled. The results were a staggering 74% of players got involved for the competition. That’s not to say that some don’t look to the money, but it’s less then 20%.
WHAT ABOUT THE GAMBLING PROBLEM
Compared to most games, Fantasy Sports doesn’t have this element. What is one of the reasons? Cash and prizes aren’t a motivating factor. Take that element away, the gambling fever gets reduced drastically.