Sports betting vs fantasy sports - page 3.

TopTort777

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Quote from: Kakmakr on April 18, 2023, 01:42:38 AM

I see that there are a lot of people on here that does not know what fantasy Sport betting is, so here is a small explanation :

"Fantasy sports betting is a different concept from traditional sports betting, as you don't bet directly on the outcome of any sporting events. Instead you create a fantasy sports team and compete against opponents to try and win money." - Source : https://www.gamblingsites.com/sports-betting/types/fantasy/

People will criticize something when they do not know what it is about, so it is your task to educate them. Just take Bitcoin as an example.... people criticize it, because the concept is not clear to them. Roll Eyes

Thanks for explanation. Never though people would bet on imaginary teams. For me Fantasy sports betting was a total mix of a computer games and a bets like "who would win King Kong vs Godzilla" (at first I did not even where those two could compete...). Turns out this is like a football manager pc game with gambling option. Then I have even more questions - what if a person creates a team that has same players as other team. Sort of a copy/paste. How can a winner be found in such case? An algorithm will select the winner randomly? Like jrrsparkles told, that looks scammy and not transparent at all.

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Quote from: libert19 on April 15, 2023, 11:40:09 PM

Both are skill based yet former is considered sheer gambling while later is not. Fantasy sports has become norm, while on the other hand if people come to know that you bet on sports you'll be met with eyebrow raise.

^ that's my opinion. What's yours? Do you consider both of them same or different?

I consider fantasy sports betting is selective scamming technique and they brand it as skill game not as gambling which itself is a wrong statement its more risky and perfect definition of gamble than choosing which team will win either this or that in sport betting. Also the rewards are not transparent so it's a big question mark whether you can trust it for big amount.

karmamiu

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Quote from: bitbollo on April 16, 2023, 05:56:37 AM

@OP
Relating fantasy sports, did you mean simulated sports, or games related gaming platforms (like CS:GO or LoL?)
Because regarding "simulated sports" I think that these are 2 completely kind of gambling type vs real sport bet. If you have enough experience, real sport bet can have a certain degree of prediction and the same could apply with online games as mentioned before.
Simulated sports are randomly without anything "predictable" unless a certain degree of uncertainty.

If the OP means about fantasy games like DOTA2 or LOL then I guess at the very beginning of the game you will already see who has the upperhand considering both teams need to be more careful in drafting their in-game characters to play, but in most cases specially nowadays that it is quiet challenging enough to predict the outcome since there are not only one or 2 strategies you can play on a game. There is also this thing you consider like power spikes during early, mid, until late game. Unlike sports betting in which you will have to see the line-ups and first people who will play inside the court, their offensive and defensive strategies, and mostly a player's respective stats, but there are also tendencies on a team game that during in the middle of the game their plays become slow or fast paced depending on the situation. So still nothing is guaranteed on the end but everyone can still gamble on it.

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Quote from: libert19 on April 15, 2023, 11:40:09 PM

Both are skill based yet former is considered sheer gambling while later is not. Fantasy sports has become norm, while on the other hand if people come to know that you bet on sports you'll be met with eyebrow raise.

^ that's my opinion. What's yours? Do you consider both of them same or different?

I never liked fantasy sports. To me, it is a meaningless thing. Sports betting though, it is the real thing. Why would someone spend his time on the fake stuff while the real thing exists? You can study teams, coaches, referees and come up with an educated guess when you bet on sports. That is a very valuable thing to have which you don't with the purely luck based games. Studying teams don't always work though it is still better than having nothing. I'd rather bet on sports than betting on a luck based game.

Kakmakr

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I see that there are a lot of people on here that does not know what fantasy Sport betting is, so here is a small explanation :

"Fantasy sports betting is a different concept from traditional sports betting, as you don't bet directly on the outcome of any sporting events. Instead you create a fantasy sports team and compete against opponents to try and win money." - Source : https://www.gamblingsites.com/sports-betting/types/fantasy/

People will criticize something when they do not know what it is about, so it is your task to educate them. Just take Bitcoin as an example.... people criticize it, because the concept is not clear to them. Roll Eyes

shogun47

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Quote from: libert19 on April 15, 2023, 11:40:09 PM

Both are skill based yet former is considered sheer gambling while later is not. Fantasy sports has become norm, while on the other hand if people come to know that you bet on sports you'll be met with eyebrow raise.

^ that's my opinion. What's yours? Do you consider both of them same or different?

I wonder whether you have accidentally confused the sequence here? You mean sports betting is pure gambling but simulated sports are not? I would put those terms the other way around. Betting on simulated sports is as much luck as it can get unless the games are rigged anyway. That's the biggest contra for me personally. It is essentially impossible to verify whether games have been rigged or not if they are simulated. I have no idea but probably there could even be bugs. You can at least watch the real games and develop an opinion yourself whether the game went correctly or not. Simulated sports don't allow for any realistic assessment at all.

Pierre 2

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Looks like posters in this thread was very confused although fantasy sports is some type of sports gambling. It involves real life results. But instead of you are betting on teams, scores etc you bet on players! You try to find best performing ones that week (best scorer, most assists, one without yellow/red cards - also you try to find "clean sheet" goalkeepers or defenders with their teams conceding the least goals). Both are skill based but in fantasy one there are leaderboards that you try to compete with other people.
My father once become weekly leader, with a bit of luck and perfect guesses. We received nice reward.

wheelz1200

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Quote from: libert19 on April 15, 2023, 11:40:09 PM

Both are skill based yet former is considered sheer gambling while later is not. Fantasy sports has become norm, while on the other hand if people come to know that you bet on sports you'll be met with eyebrow raise.

^ that's my opinion. What's yours? Do you consider both of them same or different?

Way different. That's like saying poker and slots are the same. One you are playing against the house with Odds skewd in their favor, the other you are playing against other people. If you are better at something than other people over time you will win more than they will. It's the whole against the house or against other people that separate the 2.

libert19

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Quote from: Mauser on April 17, 2023, 10:51:10 AM

Quote from: libert19 on April 15, 2023, 11:40:09 PM

Both are skill based yet former is considered sheer gambling while later is not. Fantasy sports has become norm, while on the other hand if people come to know that you bet on sports you'll be met with eyebrow raise.

^ that's my opinion. What's yours? Do you consider both of them same or different?

I have no real clue how fantasy sports exactly works and how you could bet large sums of money on it. A few friends of mine played fantasy football in the past and where building ridiculous strong teams with the best players all around the world and would be winning every match. I never really understood how the results were generated, there must be some algorithm behind it. And when there is an algorithm determining results, can't there be players figuring it out and using it for their advantage? My main concern is to not fully understand the risks involved and not being able to make correct predictions to bet on. I would expect only gamblers who have an advantage to bet on fantasy league games.

You select players who you think will play well, select captains and vice captains who will earn you bonus points. Thereon, you compete with other players, top scorer wins the game. Everyone has same access to create 'ridiculous strong' team, may be your friends just have good knowledge of football.

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Both are gambling, as long there is betting and some platform make it possible to bet. Yet, they are different. Although i dont have experience in fantasy one, but sports betting are more popular and looks like its are more accepted in most countries than the other traditional form of gambling either in physical or online casinos.

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Sports betting is Prediction about the individual team's outcome of the match. This means we were able to see odds on different things starting from match winner, top scorer, number of goals, best performer, and the choice varies based on different sports.

When it comes to fantasy sports betting, it is all about the combined outcome of the match. Here we will be making a team and make it win. This means we pick the best players and if the players have performed well in the match we'll be winners based on the points each player add. So, this can be fun but the excitement is always with sports betting.

ChiBitCTy

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I'm not sure where you're from, but here in the United States sports betting has become a much more legalized thing as well as something that isn't looked down upon as much as it once was. Sure some people still look down on others for sports betting, but that's changing very quickly here. Once upon a time playing fantasy sports and doing NCAA march madness tournatment pools at work was frowned upon..now it's something companies are actively doing as a team bonding type thing.

Also, sports betting is certainly not sheer luck/game of chance. There is absolutely a skill and knowledge aspect! Fantasy certainly takes skill as well. I always say Fantasy Football is 1/3 skill , 1/3 luck, 1/3 dedication.

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Quote from: libert19 on April 15, 2023, 11:40:09 PM

Both are skill based yet former is considered sheer gambling while later is not. Fantasy sports has become norm, while on the other hand if people come to know that you bet on sports you'll be met with eyebrow raise.

^ that's my opinion. What's yours? Do you consider both of them same or different?

They are basically the same as I understand, and gambling is gambling, whether you are doing it on visual sports or physical sports, I personally have never placed bets on fantasy sports, and I honestly do not see the need to, since there is more than enough games to bet on on normal Sports..

But then, if you are betting on fantasy sports, or doing traditional sports betting, both are basically the same, and that is gambling.

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Quote from: libert19 on April 15, 2023, 11:40:09 PM

Both are skill based yet former is considered sheer gambling while later is not. Fantasy sports has become norm, while on the other hand if people come to know that you bet on sports you'll be met with eyebrow raise.

^ that's my opinion. What's yours? Do you consider both of them same or different?

If the fantasy sports you mean are CS or the like, I've never played them. I've only ever bet on sports which is football because that's what attracts me. But just a minute, what norms are you referring to?

Sports betting and fantasy sports have their respective fans and we know the two games are different. And I think people would be fine if they found out that there are people who play fantasy sports because it's their choice.

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How can you say fantasy sports have become a norm? We already know the difference between the two.
I may have been old a bit but I don't see fantasy sports to be really a sport that the school will even promote for the kids to play. This kind of sport doesn't promote social interaction and no physical activity.

Gambling is always frowned upon by the public but which one do they dislike more, you playing cards in casinos or betting on sports?

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Quote from: libert19 on April 15, 2023, 11:40:09 PM

Both are skill based yet former is considered sheer gambling while later is not. Fantasy sports has become norm, while on the other hand if people come to know that you bet on sports you'll be met with eyebrow raise.

^ that's my opinion. What's yours? Do you consider both of them same or different?

I've never played fantasy sports and I'm sticking to typical sports betting. I did a quick search about it if there's a difference between the two and this is what it says.

Quote from: https://wolfsports.com/sport/fantasy-sports-versus-sports-betting-explanation-legality-market/

Both fantasy sports and sports betting are both essentially wagering money on the outcome of a game. This is why they have been put into the same category by many; however, they are viewed as two different approaches in the eyes of the lawmakers.

The difference between the two is that one is a competition between multiple players (fantasy sports), and the other is a competition between the player and the bookmaker (sports betting). Also, it is seen more advantageous for the bookies, who in almost all cases have much larger resources of data and technology to profit from the bet compared to the sports bettor.

Still quite confused but most of descriptions that I've searched are also telling a little bit difference of these two.

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Quote from: libert19 on April 15, 2023, 11:40:09 PM

Both are skill based yet former is considered sheer gambling while later is not. Fantasy sports has become norm, while on the other hand if people come to know that you bet on sports you'll be met with eyebrow raise.

^ that's my opinion. What's yours? Do you consider both of them same or different?

If fantasy sports is likely to be manipulated than sports betting, then why would you persist betting on it. What I would do is take a betting to which makes more sense to me and stick with it. I don't need to get involve to every kind of gambling. I just need to stick in which I can make money.
Also if you take betting to business, it won't be gambling anymore because rule probabilities in making money will take in place.

Quote from: acroman08 on April 16, 2023, 05:44:35 AM

I'm confused, how do people think sports betting is pure gambling and fantasy sports betting is not? they are basically the same thing and the only difference is that the match on fantasy sports happen virtually and while the match on sports betting is not. anyway, I do view both of them as gambling.

Because every one of us sees things through different lenses. For me, when money is involved and you can absolutely earn money. Regardless if it is gambling or other means, if you put the right system into play, any person could turn it into a profitable money making business and income.

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Quote from: bitbollo on April 16, 2023, 05:56:37 AM

@OP
Relating fantasy sports, did you mean simulated sports, or games related gaming platforms (like CS:GO or LoL?)
Because regarding "simulated sports" I think that these are 2 completely kind of gambling type vs real sport bet. If you have enough experience, real sport bet can have a certain degree of prediction and the same could apply with online games as mentioned before.
Simulated sports are randomly without anything "predictable" unless a certain degree of uncertainty.

I read that a fantasy game is creating a virtual team and its performance depends on the actual sports performance. So to be able to perform better on fantasy sports needs skills or knowledge on the skills and performance of every individual players. The result or fantasy points is not produce through simulation but rather through the performance of each fantasy team players in real life matches. If the member of your fantasy team had better performance in their real life matches, you might accumulate a good amount of fantasy points defeating other managers or gamblers. A clearer explanation can be found here: https://fanarena.com/fantasy-sports/

So basically, @OP is correct that both gambling games are skill-based.

YOSHIE

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Quote from: libert19 on April 15, 2023, 11:40:09 PM

^ that's my opinion. What's yours? Do you consider both of them same or different?

I was shown how to bet on fantasy sports by my friends, there were several fantasy sports shown to me such as Fantasy Premier League, Baseball, Auto Racing, Basketball, Cricket and many types of fantasy sports that my friends taught me, unfortunately all of that didn't enter my brain, I thought it was easy but complicated to do, fantasy really made me confused and stressed, even though my friend did fantasy sports easily, but for me fantasy betting is really annoying, in contrast to sports betting in general that we often bet on online casinos.

For me personally the two types of sports betting are completely different, the way to make bets is also different, To be honest until recently i didn't want to get involved in fantasy sports preferring normal sports betting in general which is what i do, bored i have to raise eyebrows for teams and players that are unclear and confuse me.

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Quote from: libert19 on April 15, 2023, 11:40:09 PM

Both are skill based yet former is considered sheer gambling while later is not. Fantasy sports has become norm, while on the other hand if people come to know that you bet on sports you'll be met with eyebrow raise.

^ that's my opinion. What's yours? Do you consider both of them same or different?

I have no real clue how fantasy sports exactly works and how you could bet large sums of money on it. A few friends of mine played fantasy football in the past and where building ridiculous strong teams with the best players all around the world and would be winning every match. I never really understood how the results were generated, there must be some algorithm behind it. And when there is an algorithm determining results, can't there be players figuring it out and using it for their advantage? My main concern is to not fully understand the risks involved and not being able to make correct predictions to bet on. I would expect only gamblers who have an advantage to bet on fantasy league games.

Topic: Sports betting vs fantasy sports - page 3. (Read 484 times)