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Author Topic: Sports betting vs fantasy sports  (Read 468 times)
danherbias07
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April 18, 2023, 02:41:47 PM
 #41

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


That's why I asked OP for samples if he does have it because many of us here have not tried this type of game yet. And I think I never saw a thread too that focuses on this type of gambling. I've heard about this a lot of times from friends in the US and I still have a difficult time understanding it.
Maybe, once we tried the applications that focus on this kind of game then we will have an idea of how it goes. The only problem is, you will need to be in the US to make the application work for it's restricted to other countries. I see that's the other reason why it was not discussed much in the forum.
Websites that define them or explain them are not heavily detailed too. It must be like a "try it" first before you can understand how it works.

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acroman08
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April 18, 2023, 05:48:55 PM
 #42

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 clarifying this, for the longest time I thought the way you bet on fantasy sports is the same way you bet on Esports like LoL, Dota, CS:GO, etc... that's why I said what I said in my previous post that I was confused. now understand(at least I think so) what the OP meant when he said the "former is considered sheer gambling while later is not"

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April 18, 2023, 06:02:17 PM
 #43

Nothing beats the rush of blood and excitement that comes with betting on live games. It's just different that way. Fantasy sports could be exciting too, given the fact that for most of them you are given the power to choose which player you'd be picking, but the fact that you're in there, witnessing every single moment unfold in front of you is what makes live betting games more exhilarating and a better enjoyable experience, if you're a gambler that's in it for the thrill and enjoyment. Otherwise of course you'd pick the less stressful one which is fantasy sports.

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shogun47
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April 18, 2023, 07:29:40 PM
 #44

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



I am pretty sure that everyone here knows the difference between sports betting and fantasy sports, but it seems that OP confused something when he says that the first is gambling while the latter is not. Fantasy sports is at least as much gambling as sports betting. The only way a decent fantasy sports betting platform could operate would be based on an RNG, which naturally implies gambling. Now when you put together a team there is of course some effort, but that's the same when you know how players in real life are in shape, whether they have issues right now or are not confident because of a recent injury etc. There are many factors that would probably make real sports betting more predictable than fantasy sports, unless fantasy sports is real-time updated and uses highest level AI to introduce any real life factors into the simulation.

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April 18, 2023, 07:41:56 PM
 #45

Nothing beats the rush of blood and excitement that comes with betting on live games. It's just different that way. Fantasy sports could be exciting too, given the fact that for most of them you are given the power to choose which player you'd be picking, but the fact that you're in there, witnessing every single moment unfold in front of you is what makes live betting games more exhilarating and a better enjoyable experience, if you're a gambler that's in it for the thrill and enjoyment. Otherwise of course you'd pick the less stressful one which is fantasy sports.

And what is the difference in the level of excitement or emotion if in both cases we are watching the same match, only you bet on one team to win (maybe on a certain score) or on a draw, and I bet on a certain player to make 4 shots on goal or that your goalkeeper will miss 3 goals?

Fantasy sports offer more betting possibilities, that's all.

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April 18, 2023, 07:42:31 PM
 #46

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.
Moba games such as Dota & LoL and FPS games like Counter strike are called E-Sports but fantasy sports are different from them. Here is its definition to be exact. If we are familiar with the teams that are playing on a regular sports game, we can pick easily but it does not mean that winning is now secured. It is still possible for us to lose if our luck is terrible or we missed something when analyzing.

In a fantasy sport, we are the ones that will pick our teams. I never tried this yet but it seems fun according to its description and we can ensure that the game is still fair because results are said to be based on the players' statistics.
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April 18, 2023, 07:50:06 PM
 #47

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?

You need to perhaps define fantasy sports, because some people define it differently and even casinos try to blur the lines in order to get more money in. You are probably talking about virtual teams that people have put together and you take the statistics from different players to calculate who would have constructed the best team based on key metrics they perform throughout the season? As opposed to the garbage games that casinos create which are meant to replicate sporting activity, like virtual horses or even virtual football games, which just run to some predefined algorithm that squeezes reasonable profitability out for them. Sports betting certainly feels like it has more charm and relies on analyzing what's relevant on the day.

R


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April 18, 2023, 11:23:20 PM
 #48

I barely tried fantasy sports but I have to say both of them are somewhat similar when it comes to sheer gambling because no matter how good some teams can be there are still random factors like unexpected injuries, illness, etc that can hinder the player during the game and even ruin your chances of winning. I nearly wanted to put fantasy sports on the skill-based side, but luck is still involved as players can sometimes perform better and hit a career-high.

Relating fantasy sports, did you mean simulated sports, or games related gaming platforms (like CS:GO or LoL?)
OP is likely referring to fantasy sports where you'll have to form your own team by picking several players from different teams and the participants will get a score based on how well the player's performance would be during that week or match.
Quite confused as well, is it like NBA2K game? 'coz if it is, then definitely there would be a huge difference with the gambling experience right? Things won't be running as is and manipulation would be a factor. I'd enjoy sportsbetting more for sure not only with winning or outcomes but the experiences as well.
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.
Moba games such as Dota & LoL and FPS games like Counter strike are called E-Sports but fantasy sports are different from them. Here is its definition to be exact. If we are familiar with the teams that are playing on a regular sports game, we can pick easily but it does not mean that winning is now secured. It is still possible for us to lose if our luck is terrible or we missed something when analyzing.

In a fantasy sport, we are the ones that will pick our teams. I never tried this yet but it seems fun according to its description and we can ensure that the game is still fair because results are said to be based on the players' statistics.
How will it be fun if the only thing you would do is to wait for the outcome given that computation with the overall stats of players you have picked, is the bottomline? It would be more like a Yu-Gi-Oh card game (building your own deck and battling others), if I don't miss a point here? Fantasy sports would be more of a pure luck based game unlike with sportsbetting wherein rallies would matter.

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April 19, 2023, 12:01:47 AM
 #49

Quite confused as well, is it like NBA2K game? 'coz if it is, then definitely there would be a huge difference with the gambling experience right? Things won't be running as is and manipulation would be a factor. I'd enjoy sportsbetting more for sure not only with winning or outcomes but the experiences as well.
There's a competitive scene for the NBA2K game but they're under esports though so no. You might mistake them for Simulated Reality or SRL that's based on AI but that's not it as well and they've become less popular now.

Fantasy sports in a way is still similar to sports betting specifically player prop betting because they're still based on the official matches the only difference is that you'll be rooting for the specific players you pick and hope they do well in each of their matches because it's all about the stats they get during that match as it would be converted into fantasy points later on and the more fantasy points you'll get means a higher chance of winning.

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April 19, 2023, 12:55:38 AM
 #50

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?

Yes, they are very similar types of bets, but I still think that games based on real (not virtual) sports are much more predictable.

When betting on a European league football match, for example, there is much more information and predictions that can be used to base a betting scenario than when trying to get some information from a game like CS:GO or LoL

I've never bet on fantasy games, but I've followed it on some sites and in fact I see that this is a niche of bets that is growing more and more... my bets based on football sports games.

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April 19, 2023, 11:25:19 AM
 #51

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.
I see your friends are good at it but why not approach them about this matter? I am sure they won't hesitate to help you out. If your friends wins every match then they must be ultra-rich now? But if it's an algo-based game, same like in casino games then I am not sure we can be able to win that often. If its skill-based, there are still times that we will lose.

Fantasy sports are still gambling so it has a risk involved therefore you must only stake small amounts or amounts that you are willing to lose. It's not only about predicting if who will win and making a profit but the game might still allow you to enjoy and have fun. This is what truly matters here.

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April 19, 2023, 11:49:37 AM
 #52

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?

Yes, they are very similar types of bets, but I still think that games based on real (not virtual) sports are much more predictable.

When betting on a European league football match, for example, there is much more information and predictions that can be used to base a betting scenario than when trying to get some information from a game like CS:GO or LoL

I've never bet on fantasy games, but I've followed it on some sites and in fact I see that this is a niche of bets that is growing more and more... my bets based on football sports games.
but for me fantasy sports like CS.GO, LoL and even Dota 2 can also be predicted but only differ in the pattern of how to predict it.
I have also bet on Dota 2 several times, it is almost similar to LoL and in my opinion the predictions are also as easy as betting on real sports or football.
related to fantasy sports betting for me it's a little interesting to make a profit because like Dota 2 there is no draw option and there are only 2 choices for teams to win or lose and predicting when the broadcast is in progress seeing the performance of the players is also quite easy to make predictions.
so when say about prediction both easy to make prediction.

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April 19, 2023, 03:31:50 PM
 #53

Nothing beats the rush of blood and excitement that comes with betting on live games. It's just different that way. Fantasy sports could be exciting too, given the fact that for most of them you are given the power to choose which player you'd be picking, but the fact that you're in there, witnessing every single moment unfold in front of you is what makes live betting games more exhilarating and a better enjoyable experience, if you're a gambler that's in it for the thrill and enjoyment. Otherwise of course you'd pick the less stressful one which is fantasy sports.
Who says that fantasy sports are less stressful? I think it's easier to predict the outcome of a match directly than having to pick players and create your fantasy team to gain points and climb up the leaderboard in order to win rewards. I find fantasy leagues to be more challenging and difficult since most of the players competing are experienced.

In sports betting, there is no competition, you just pick a winner, if you are knowledgeable and experienced, you will know you placed your bet right, but when you are in a fantasy league, you are competing with the best, and it's really difficult to beat them to become the winner.

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April 20, 2023, 06:58:40 PM
 #54

I have never seen a traditional sports betting same thing as fantasy betting because they are both generally very different because most times in traditional sport betting we have to simply to place a bet on the outcome of a match while on the other hand in fantasy sports, we have to pick and imaginary sport team and also bet on the performance of the players and also at some time, the general performance of the club we choose..
Most times I don't see fantasy sports as an interesting one or even en enjoyable one and I prefer getting on our traditional sports .

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April 20, 2023, 07:13:32 PM
 #55

I have never seen a traditional sports betting same thing as fantasy betting because they are both generally very different because most times in traditional sport betting we have to simply to place a bet on the outcome of a match while on the other hand in fantasy sports, we have to pick and imaginary sport team and also bet on the performance of the players and also at some time, the general performance of the club we choose..
Most times I don't see fantasy sports as an interesting one or even en enjoyable one and I prefer getting on our traditional sports .
OK, from what you said now, what exactly is the difference aside for the fact that one is live, or physical rather, and the other is visual, something not real - but what still make the two the same is that, they both can be placed bets on, and the process of betting on this two type of sports is almost the same, if not actually the same.

Physical sports is  like the real world we live in, and can see the things in it, and can feel or touch them.
While fantasy sports is like the metaverse, it's unreal, but things that happen in the real world can still happen there, the only difference is life - if you understand what I mean.

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April 20, 2023, 08:02:31 PM
 #56

There’s a big difference with this one since fantasy sports is more about playing the game in order to win while
Sports betting are just waiting for the result of the match, so with this I consider them as different to each other. Traditional bettor might not adopt fantasy sports because of time consuming and the skills that you might need in order for you to win, personally I prefer sports betting more which is easy to gamble with.

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April 20, 2023, 09:35:08 PM
 #57

There’s a big difference with this one since fantasy sports is more about playing the game in order to win while
Sports betting are just waiting for the result of the match, so with this I consider them as different to each other. Traditional bettor might not adopt fantasy sports because of time consuming and the skills that you might need in order for you to win, personally I prefer sports betting more which is easy to gamble with.

In fantasy sports, the result will rely on your gameplay and how capable you are in applying good skills and strategies while in sports betting, the result will rely on the players. You don't have to exert any strategic effort but just guess the players that you think could win. Both are fun to play but sports betting has an edge because there is a basis for picking a player and there are also reliable predictions that can help us decide what to choose.
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April 20, 2023, 09:44:15 PM
 #58

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.
I guess regardless if it’s played online or offline, as long as people bet for it with their money, that is still considered gambling. So both are pure gambling, it’s just that sports betting are more commonly bet by gamblers. But when it comes to fantasy sports, though I haven’t tried betting on it too, but if given a chance maybe I’ll also try on it for fun. However, I believe those young gamblers would really find it more appealing since they are more exposed to internet games than in physical casinos.

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April 20, 2023, 09:55:36 PM
 #59

There’s a big difference with this one since fantasy sports is more about playing the game in order to win while
Sports betting are just waiting for the result of the match, so with this I consider them as different to each other. Traditional bettor might not adopt fantasy sports because of time consuming and the skills that you might need in order for you to win, personally I prefer sports betting more which is easy to gamble with.
If you do really have the time to be spent then you could really be having some time on doing some fantasy sports but in overall i would really still prefer on having those sports betting which there's nothing that

i would need to do but just to simply bet out on the team which i do see for it to likely to win up the game against other team. Its really that surprising that there are people who do really engage out

of fantasy sports considering that it isnt really that something interesting in the first place.Well, people are different when it comes to likings and interest and  this is why we do
really see different engagement on certain things.

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April 20, 2023, 11:09:15 PM
 #60

What's yours? Do you consider both of them same or different?

Technically, both are gambling. Once there's money at risk for bettors, we can consider that as gambling already regardless of how it was played.

Aside from that, both sports betting and fantasy sports required not just being good at doing analysis (skill-based) but also having good decision-making skills. Although generally, we can't take out the fact that luck also plays a role in both, regardless if the gambling is skill-based or what.

It now depends on the bettor's own preferences on how they define or compared both.

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