From the course: The Data Science of Gaming and Fantasy Sports
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Test your nerve with daily fantasy play
From the course: The Data Science of Gaming and Fantasy Sports
Test your nerve with daily fantasy play
- [Instructor] In the previous movie, I talked about fantasy sports leagues that go on for multiple weeks, often as long as a sports season. In this movie, I'll talk about daily fantasy sports where you pay an entry fee and you compete for a day, and at the end of the day you have a decision on whether you won or lost and how much. The idea, like other fantasy sports, is that you draft players at different positions who can score points. The contests take place on a single day and companies make money through entry fees. And boy, do they make a lot of it. If you do choose to play in daily fantasy sports, you can win through several techniques. The first is mathematical models that rate remaining players in combination. Yes, individuals, especially ones with quantitative backgrounds, will put together spreadsheets or other analytical tools that try to give them an analysis of the best remaining players and how they tend to work together. Folks have been playing for a number of years…
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