Monday, November 4, 2013

Sports Gambling Takes a Different Form

Gambling is a staple in American society.  Casinos are springing up left and right with certain casinos managed by Native Americans being given tax deductions.  Local news programs are filled with numerous different lottery drawings.  Facebook has numerous simulated gambling games, like Texas Hold 'em Poker.

One of the largest sports networks, ESPN, produces a variety of Fantasy Sports games.  People bet on these all the time.  Sirius XM radio has an entire station dedicated solely to Fantasy Football, with guest appearances made by Maurice Jones-Drew, a running back for the Jacksonville Jaguars.

Other professionalo athletes and celebrities also make appearances on various different programs.  That list can be found here:  Sirius XM Radio "Fantasy Sports All-Stars"

As with many other groups of friends in our society today, I participate in a few different Fantasy Sports leagues.  I have a family Fantasy Football league on Yahoo! (currently ranked #1 at 7-1) I also participate in a Fantasy Football league with my friends.  (6-2 and tied for 1st in my division)  Fantasy Basketball has also just recently started, along with the actual NBA season.

The amount of money spent on these Fantasy sports leagues is astounding.  I've personally known family and friends participating in leagues with an entry-fee of $200.  Funnily enough, it's illegal to bet on professional sports except for the few businesses in Las Vegas which are legal for some reason.  Yet one of the rapidly-growing outlets for sports gambling remains completely unchecked and is even advertised by the NFL and media outlets like CBS, who each have their own Fantasy Sports sites.

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