Why don't any professional gamblers run the Hootie system???

[Eleazar]

Originally Posted by mr. tegu

A good bettor doesn't need the opinion of dozens of other people nor do they need the financial backing that comes from them.

Well, the point of the article I posted (and numerous others), is that these sites are controlled by a few whales who have tens or hundreds of thousands out there, and are using scripts and brute force attacking of the system to swallow up average players, who in the long run have no chance. One person's supposed 1%er football acumen is not a primary success factor.

In contrast to online poker, which is a mix of luck and strategy, where a highly skilled person could have perhaps over time feasted on the minnows enough to make money - daily fantasy is controlled by a small number of huge players who in many cases are using scripting and advanced statistical analysis to control the market.

It's not unlike Joe Average setting up an ETrade account and day trading based on less than 1% of the information and .0000001% of the resources that industry professionals compile and analyze electronically and use. They might ride luck for a while, but in the end the house always wins.