NEXT GEN DAILY FANTASY SPORTS
In an August, 2016 issue of Electronic Gaming Review-North America, author Martyn Hannah wrote:
“The reality is that DFS players on FanDuel and DraftKings are overwhelmingly male and over-whelmingly white,” says Stephen Murphy, CEO of BoomFantasy. “These businesses have done a great job of monetizing the hell out of these customers, but they haven’t succeeded yet in offering a product that satisﬁes the very diverse landscape that is American sports fans. I think USFantasy’s launch is yet another sign that fantasy sports is still in its earliest days and that the industry can continue to reinvent itself.”
Indeed, FanDuel and DraftKings may have brought fantasy sports into the mainstream, but by taking a more considered approach to product, legality, and regulation, operators such as USFantasy may be what takes the sector into its next chapter, one of long-term stability and sustainability.
OUR POINT OF DIFFERENCE
We believe the regulated efficiency inherent with pari-mutuel systems is a far more equitable platform for Daily Fantasy Sports (DFS) contestants than the platforms used by the major fantasy sports providers such as Fan Duel and Draft Kings for the following reasons:
Easier Selection Process: USF greatly reduces field sizes allowing for more accurate and skillful athlete selections. Other DFS operators offer typical team selections of no less than twice the total athletes in each category, as compared to USF, which limits its contest fields to 12-14 for pro football. Many DFS operators sometimes include athletes for selection that are injured, or have been removed from active rosters.
Simplicity Through Proven Technology: The selection process through USF requires a minimum of one single selection from a manageable field of less than 15 athletes. Compare the USFantasy Sports (USF) simplicity with the typical DFS lineup requiring 6 to 8 minimum selections from the entire rosters of 32 football teams. In some positions, e.g., running back or receiver, there can be as many as 120 athletes. It is estimated there are over 35 trillion possible unique team combinations using traditional DFS rosters! USF has been designed for use on the time-tested, reliable and regulated, pari-mutuel totalizator systems.
More Skillful, Straightforward Scoring: USF contest grading is based on fewer variables than current DFS standards, and will appeal to a much broader audience of contestants. The top DFS platforms were originally created by, and continue to cater to, experienced statisticians and mathematical modelers. Typical fantasy athlete grading requires up to a dozen statistical performance elements using variable additions, subtractions and fractional numbers. The USF model grades on the most obvious positive performance results of the athletes, using widely publicized media statistics. USF statistical summaries are simple additions and subtractions, keeping scoring determinants to a minimum. Contestants have the options to enter into contests of their choice and skill level.
Contestant Determined Athlete Pricing: USF contestants determine the pricing for athletes through the “auction” inherent in the pari-mutuel systems. Current DFS platforms assign "handicaps" on the athletes through the use of salary values, much like odds makers’ determined point spreads in sports betting. The fixed player values (salary) in today’s DFS does not change, regardless of the disproportion of play. USF allows a more skillful, transparent system allowing contestants to determine the values through the open entry fee selection process.
Contest Fairness-Scratches: Major league sporting events, primarily baseball, are commonly postponed due to inclement weather. Any roster selections made from the canceled games will, obviously, not gain points from inactive athletes, virtually assuring losses in the typical DFS contest. While it’s argued that all contestants have the same potential handicap, it clearly disadvantages anyone who has made an inadvertent athlete selection involved in a cancelled event. In addition to weather cancellations, athletes in all sports are regularly and unsuspectingly rendered inactive through in-season trades, coaches’ decisions, injuries and demotions. Unlike current DFS, the USF DFS model allows for scratches and refunds under these circumstances.
“Sharks vs Minnows” Inequities Solved: Existing DFS operators have a known significant quandary in their contest platforms through the use of computer assisted play (scripting) and inside information access. The results of the computer-assisted contestants have proved quite impressive and substantiate the argument of a skilled contest. However, it reveals the underbelly of these contests as advantaged contestants flood the pools with entries, while surreptitiously fleecing casual, less experienced contestants. DFS operators have made efforts to discourage this practice with unreliable results. The pari-mutuel system mitigates unbalanced play through the pooled “auction,” automatically leveling disproportionate entry on individual athletes. The transparency provided through visible, constantly updated, pari-mutuel pools and athlete pricing eliminates the “insider trading” concern.
USF was conceived as an entirely new model for skilled fantasy sport contest play with an easy adaption to pari-mutuel regulations.
The USF concept was developed with the goal of improving the daily fantasy sports experience. We enhance daily fantasy content utilizing the established pari-mutuel market system. It introduces pari-mutuel systems to a younger demographic, and provides an additional revenue stream to licensed, regulated pari-mutuel stakeholders.