Comments on: Is Daily Fantasy Sports (DFS) a Good Way to Make Money?

By: DC @ Young Adult Money

DC @ Young Adult Money — Sun, 26 Oct 2014 20:15:54 +0000

John Green I agree, the time commitment is a big one. I’ve noticed that if I spend just a little time reading articles and trying out different lineup combos the time commitment is less than I imagined it would be.

By: John Green

John Green — Sun, 26 Oct 2014 18:05:28 +0000

I’m always looking for ways to make more money as well DC, but I would really have to consider the time investment as much as the monetary investment.
I would also have to weigh the odds of winning more than I lose. It’s something I’ll have to look into. It’s intriguing, I’ll admit that.

By: DC @ Young Adult Money

DC @ Young Adult Money — Fri, 17 Oct 2014 03:04:54 +0000

Eyesonthedollar In this post I’m talking about Daily Fantasy Sports, which is a different thing than the traditional season-long leagues. I think it’s different than card counting too because you are playing against other players who either have higher or lower skill than you, not against the house. I’d be surprised if there were still people making money card counting because of how developed the casino’s security technology is these days.

By: Eyesonthedollar

Eyesonthedollar — Fri, 17 Oct 2014 02:48:18 +0000

I bet there are very few who make consistent money with fantasy sports, probably like the card counters. If you know how to work the formulas, you could do really well, but the average person would be clueless. My sister and law did win a few thousand in a fantasy football league a few years ago, but I think it was mostly luck as she hasn’t been able to repeat.

By: DC @ Young Adult Money

DC @ Young Adult Money — Fri, 17 Oct 2014 02:46:41 +0000

mycareercrusade Haha no sir, I like the use of YOLO in this situation!

By: mycareercrusade

mycareercrusade — Fri, 17 Oct 2014 00:20:47 +0000

Yeah good points, probably not bank on retiring on it but if you enjoy it, why not? I’ll put the term YOLO out there, you can keep off the blog if you’d like for using that horrible term haha :)

By: DC @ Young Adult Money

DC @ Young Adult Money — Thu, 16 Oct 2014 22:40:30 +0000

mycareercrusade The main issue for me is that you are likely to be either REALLY successful by winning some of the bigger GPP tournaments or you could very easily lose for an extended period of time. I think it’s a fun thing to try out, though, and if you like it then you should stick with it long-term.