Friday, November 13, 2015

Fantasy games of chance

Ostensibly, picking a fantasy football team and being paid based on its performance seems credible as a game of skill. It is clearly different from games like roulette which are obviously games of chance or even poker which, while  undeniably requiring considerable skill, does nevertheless depend on the drawer of the cards; that is by definition random draw (or at least should be). 


However, a better analogy might be horse racing. Money is won based on the performance of athletes, in this case horses and their jockeys on the day whose track records, like athlete in other sports like football or baseball, are well known. And betting on the ponies is almost universally regarded as gambling.

If there is one thing that is clearly a gamble it's pushing the envelope and hoping that the courts will decide in your favor.

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