Daily Fantasy..The New Online Poker?

Dror Gal

Online Poker vs Daily Fantasy

• While poker has been fairly popular both in reality and virtually (online poker), daily fantasy has grown at a rapid pace over the last few years

• Daily fantasy is the ability to play season long fantasy baseball, football, basketball, etc, but on a daily basis

• You enter a contest pool, draft players for that day or nights worth of games and hope that your teams combination of players outscores another teams

• Of course you can’t just pick whoever you want, there is a salary cap for every website and each player is valued differently

• Some of the most popular websites for daily fantasy currently are Draft Kings and Fanduel

• Once upon a time, playing poker online was the only way to socially interact with others and also win money

• With daily fantasy, people now have a newer, more hip, outlet to do so

• Both do take skill to a certain an extent while also relying on chance (or luck) in order to win money online

• But where are there more winners? What gives an individual the best opportunity to take home money at the end of the day?

Daily Fantasy• Some of these daily fantasy

websites have contests where up to 300,000+ people can enter to win a different amounts of prizes

• Sometimes for a contest as big as this, the website will pay out the top 80,000 contestants

• Now there are many different kinds of games and contest offerings across many different sports giving you so many options to play

• Online poker allows you to play in tournaments and different kinds of games of poker but from a creative standpoint, it’s a bit more limited

Draft Kings

• Established: 2011

• 2014 Revenue: $40 million

• CEO: Jason Robins

FanDuel

• Established: 2009

• 2014 Revenue: $57.3 million

• CEO: Nigel Eccles