Poker and Fantasy Sports are getting a lot of conversation. Both are receiving more consideration as games of skills and not chance. This interpretation makes both of them socially acceptable and widely popular. I decided to compare the two and give my assessment.
Poker has the statistics to determine probability of what may happen based on what cards you have. Stats in poker are constant and absolute. Psychology has a part to play, but a solid understanding of math and probability will increase your chances of winning. The hand and the chances of winning with it have a percentage that is comparable to the other players in the game. When watching shows like Poker Night in America , you are updated as what each poker player's chances are throughout.
Analytical variables are given to players in fantasy leagues that give them value based on past performance. During the NFL playoffs, a prognosticator was giving predictions based on analytics related to the point spread. Variables in fantasy are subject to exponents that fall outside of the player's control. Weather, illness and coaching decisions are things that can alter a fantasy player productivity. Think how many people wagered that Marshawn Lynch would score more than 1 touchdown during Super Bowl 49. We all know how that ended.
Poker is the true skill game of the two. I think that fantasy leagues will have a more diverse following that will include women. Poker is played predominately by males. While there is a poker community that is established, there is not enough liquidity yet for it become profitable. Delaware Lottery reported a combine total of $600,000 for the year ending 2014. This number included casino and slot play. In 2014, several of the online gaming sites in Nevada and New Jersey shut down. Trump Taj Mahal just closed their poker room in Atlantic City. They anticipate reopening in the summer.
The acknowledgement of the professional leagues will build the support for more fantasy leagues. Fan Duel has commercials that air during ESPN telecasts. DraftKings has added two more teams to
its growing list of partnerships in the NBA . Shortly after announcing a deal
with the Los
Angeles Clippers, DraftKings has struck separate deals with the Sacramento
Kings and the Golden State Warriors. There is also a Daily Fantasy Expo this year in Miami. The Expo will focus on management, technology and marketing for the fantasy sports industry. Since 2006, fantasy sports has grown from USD $1.6 billion industry to a USD $15 billion industry. It's meteoric rise is considered the tip of the iceberg, given the new dynamic of Daily Fantasy Sports.
The upside for poker is it can be played for low limits in the online gaming world. Borgata and Caesars are two of the top poker sites in New Jersey. 888 is one of the leading software providers. Many states are talking about the legalization of poker. We will see who enters the game in 2015
Imagine That! |
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One should never underestimate fantasy sports. I play at a daily fantasy sports website (https://www.fantasysportsdaily.com/ for the interested) and there are some serious pro's at work!
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