3 Daily Fantasy Sports Myths to Discard
Daily fantasy sports is no longer the “next big thing.” It is truly the here and now. While there are arguments that the industry could go down the same path as online poker, there are just as many reasons to believe that this will never be the case.
There are facts and myths associated with daily fantasy sports. Those who know the facts, those who believe these, have a better chance of getting involved and competing at a high level.
Conversely, if you continually fall prey to the many myths that are circulating, it may not be long before your mind is jumbled and you have no idea what to do next.
Fantasy Sports Myths to Forget
Below are three daily fantasy sports myths that have dragged many players through the mud. It is important to become familiar with these myths. From there, you can calculate the truth and leave the rest in the past.
Believe it or not, despite the growth of the industry, there are still people who believe this to be true.
Since it is not considered gambling, but instead a game of skill, daily fantasy sports contests are legal in most states.
- Only the Best of the Best will Win
This is a commonly spread myth, with many believing that only the best players, those who devote all their time to daily fantasy sports, have a chance of winning. This is not true in any way, shape, or form.
Sure, the top players reached the pinnacle for a reason. However, there is no reason to believe that those at the bottom are overmatched with no chance of winning. The right strategy can do wonders for any player.
- Identical to the Stock Market
It is easy to see how some would consider this true, however, daily fantasy sports and the stock market are not as similar as they appear. There is skill and luck associated with both, but that is where the argument stops.
Similar in some ways, yes. Identical? Definitely not. With daily fantasy sports, a couple backs and a few breaks can make you a millionaire in one day. This will never happen in the stock market.
Some people get so caught up in these myths that they never put the appropriate amount of resources into what matters most: finding a way to win on a regular basis.
Don’t let these myths hold you back.