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Video Daily Fantasy Sports: Last Week Tonight with John Oliver (HBO)
19:02   |   01/19/2019 at 18:31


  • daily fantasy sports the most addictive
  • thing you can do on your phone other
  • than perhaps cocaine if you own a
  • television you cannot have missed their
  • ads get to right now for
  • one day games and let you win daily
  • vanduul packs the thrill of a whole
  • season into just one week for FanDuel
  • there's no season-long commitment are
  • your dreams big enough to cash a giant
  • check play free with promo code drops
  • enter promo code youtube' 60 use the
  • promo code clean 6 enter promo code bang
  • 9 yes daily fantasy sports combine
  • everything dudes love sports money and a
  • lack of commitment and I will say I was
  • like the promo code really gives it an
  • air of exclusivity it's like you've just
  • joined an elite supper club whose
  • password is bang 9 it's been impossible
  • to avoid those ads a few months ago
  • the two main daily fantasy sites
  • draftkings and FanDuel were airing a
  • national TV ad every 90 seconds you only
  • need to remind people of something that
  • often if your target market is
  • sports-loving goldfish now for those who
  • don't know let me quickly explain to you
  • what daily fantasy is until fairly
  • recently fantasy sports used to be a
  • season-long game where you and your
  • co-workers picked imaginary teams of
  • players put $20 each in a pot and
  • eventually lost to Janice in accounting
  • which would have been extremely
  • upsetting and I'll tell you why she
  • don't give a bad sport but Denny Lee
  • fantasy is very different with daily
  • fantasy you can go online typically pay
  • an entry fee of anything from 25 cents
  • to thousands of dollars a pick a team
  • for just a week or a day and compete
  • against total strangers it's the same as
  • season-long fantasy the way a nice mug
  • of tea is the same as a nice baggie of
  • heroin both give you a lovely warm
  • feeling one's a little more intense and
  • many TV networks are not just airing
  • daily fantasy ads they're making deals
  • with these companies we should know at
  • NBC Sports Group and NBC's parent
  • company Comcast are among the investors
  • in FanDuel this is something I should
  • disclose the 21st Century Fox owns a
  • stake and draftkings
  • at CNN's parent company Time Warner has
  • made an investment in FanDuel as a
  • matter of disclosure ESPN has an
  • exclusive two-year marketing agreement
  • with draftkings worth reported two
  • hundred and fifty million dollars Wow at
  • this point there is almost no show that
  • is not financially compromised by a
  • relationship with daily fantasy
  • including yell at your daughter till she
  • dances on lifetime in fact in fact just
  • so you know HBO is a subsidiary of Time
  • Warner which means that this joke about
  • being compromised is in a sense brought
  • to you by fandoms and I'll say thanks
  • guys and it's not just TV networks some
  • of the sports leagues themselves have
  • closely partnered with these sites the
  • NBA is an equity stake in fan d'Or MLB
  • has won in draft kings and many NFL
  • teams have advertising deals with the
  • fantasy sites in fact twenty-eight of
  • the NFL's 32 teams have sponsorship
  • deals with either draft kings or FanDuel
  • and the cowboys and the Patriots owners
  • are both investors in draft kings and of
  • course of course in a way leagues and
  • networks like the idea of daily fantasy
  • it's frankly the only thing that's going
  • to make people want to watch the Bucs
  • and the Jaguars face off on a rainy
  • Thursday night because no one is
  • watching just to witness the majesty of
  • Tampa Bay kicker Connor bath unless you
  • are Connors mom and even then she might
  • DVR it
  • I'm sorry Connor but it is Thursday it's
  • scandal nights I've got Shonda Lange's
  • right through have a good kick I hope
  • you kick good but but it is it's a
  • little weird to see professional sports
  • in cahoots with these sites because most
  • leagues have generally been opposed to
  • gambling unlicensed gambling is illegal
  • in most states and these sites do look a
  • lot like gambling and don't just take
  • that from me take it from a Hall of Fame
  • quarterback Joe Namath do you feel like
  • it's gambling is that what you do with
  • it
  • we're saying the play
  • you have to pay and do they win
  • something they do that's gambling okay
  • okay okay so Joe labor a man so lacking
  • in discernment he wore this to the Super
  • Bowl even he can see that this is
  • gambling and he's not alone
  • just last month the Gaming Control Board
  • of Nevada ruled it was gambling
  • essentially arguing if people are going
  • to lose all their money pressing buttons
  • on a screen that screen better have Sex
  • and the City characters on it and just
  • this week there was another development
  • big trouble for those daily fantasy
  • sports sites FanDuel and draftkings New
  • York's Attorney General says they amount
  • to illegal gambling yes the New York
  • Attorney General is attempting to shut
  • down daily fantasy in the state and if
  • that happens the best way to gamble here
  • will once again be buying meat on a
  • stick from a guy with a cart
  • why does my chicken have whiskers do you
  • know what I'm hungry I'm rolling the
  • dice but both major daily fantasy sites
  • insist that they've done nothing wrong
  • in fact draftkings even claims on its
  • website that it's 100% legal which is
  • immediately suspicious if the guy at
  • TCBY said this frozen yogurt is 100%
  • legal
  • you would know that somehow it was a
  • product of the illegal sex trade and
  • both companies bristle at the very word
  • gambling insisting that they are
  • something far more benign you don't view
  • what you do here at FanDuel as gambling
  • yeah that's a word that isn't used very
  • much around here I take it because we
  • are every time that you talk to our
  • users what comes through loud and clear
  • is the fact that we're an entertainment
  • product okay okay sure but but you know
  • what else is an entertainment product
  • gambling gambling is incredibly
  • entertaining until of course you're down
  • 15 grand to a Russian entertainment
  • syndicate
  • but when draftkings in particular claims
  • that it's not gambling it's worth noting
  • that not only have they applied for and
  • received a gambling license in the UK
  • but according to the Nevada Attorney
  • General their website once had search
  • engine optimization phrases with
  • multiple instances of the word betting
  • and sites usually use alt text like that
  • to tell search engines what they are
  • it's why this shows website is tagged
  • with British nerd brick dork
  • news goof and birdie fact funny man so
  • so here's the question how fast
  • draftkings say they are not gambling and
  • 100% legal
  • well daily fantasy sites often point to
  • one particular piece of legislation the
  • 2006 unlawful internet gambling
  • Enforcement Act or UI gea
  • right now of course fantasy sports being
  • a game of skill is carved out of UI gea
  • and permissible and most states in the
  • u.s. I just think under the current law
  • right now it's very obvious that this
  • fits within skill gaming now what he's
  • referring to in his charismatic monotone
  • sleep-inducing voice is that in 2006
  • when Congress passed a law to crack down
  • on online gambling it exempted fantasy
  • sports which remember back then which is
  • those office things that you lost to
  • Janice in accounting it was meant to be
  • a very small exception but through that
  • small carve out two multi-billion dollar
  • businesses have emerged
  • it's like those law makers built a
  • doggie door for a beloved pooch and then
  • daily fantasy came bursting through like
  • a pack of wolves say we are dogs it's a
  • doggie door right that's for us we're
  • legally dogs woof right tell them woof
  • step aside wool but even the guy who
  • co-wrote that law says it wasn't meant
  • to apply to what fantasy sports have now
  • become the US congressman who drafted
  • the 2006 legislation used by draftkings
  • and FanDuel as proof of their legitimacy
  • is upset former lawmaker Jim leach says
  • it is quote sheer shut spa for the daily
  • fantasy sports sites to pretend the law
  • makes them legal okay okay okay but
  • first of all shut spa it's actually
  • pronounced Claude spur but but but but
  • the idea the idea that daily fantasy
  • sites are using this law to claim
  • they're not gambling is not hot but it's
  • horseshit because does that law
  • interestingly that law never said
  • fantasy sports were legal it just said
  • they weren't explicitly illegal under
  • that specific law but that each state's
  • gambling laws would continue to apply
  • and in general most states determine
  • whether or not something is gambling by
  • asking whether it's more of a game of
  • chance or more a game of skill and if
  • being a game of chance could make you
  • gambling and therefore illegal it's no
  • wonder that daily fantasy sites like to
  • describe themselves like this they are a
  • games of skill and we can prove that
  • through data that we have of skills
  • predominant factor in the game then it's
  • a game of skill and we can show that our
  • game like traditional fantasy sports it
  • is skilled predominant it's it's legally
  • critical to these companies that they be
  • perceived as games of skill that's why
  • every time I talk you hear the word
  • skills more often than during an
  • underground rap battle in fact just this
  • Friday daily fantasy supporters actually
  • held a protest rally outside the New
  • York Attorney General's Office with a
  • familiar chant hey hey hey
  • now if you're thinking it's a little odd
  • that ordinary fans were chanting
  • something so legally specific there may
  • actually be a reason for that behind me
  • this morning they're about 250 people
  • here they blocked the sidewalk a lot of
  • police a lot of protesters making a lot
  • of noise but a hundred of those 250
  • people who are employees of Fandral
  • themselves because they're officers are
  • right here in Union Square
  • they used their own employees as
  • protesters if you are trying to make the
  • argument that you're not a shady
  • gambling-related company maybe don't
  • openly stack the deck in your favor
  • which is not to say that daily fantasy
  • does not involve skill it actually might
  • involve a lot more skill than they would
  • like you to be aware of because this
  • summer a study revealed some shocking
  • numbers 91% of the profits were won by
  • just the top 1.3 percent of players
  • during the first half of the baseball
  • season 85 percent of players were losers
  • eighty-five percent of fantasy players
  • were losers which is staggering in the
  • general population that number is 40
  • percent at best it essentially breaks
  • down like this 40 percent loses 40
  • percent assholes 14 percent weirdos five
  • percent decent human beings and then of
  • course Beyonce and if if you are
  • wondering what it takes to be part of
  • that big winning 1% let me show you
  • Albertson made over $200,000 play in
  • fantasy sports last year in drafting his
  • fantasy teams Albertson spends hours
  • each day studying his own homemade
  • algorithms that track thousands of
  • up-to-the-minute statistics and player
  • projections projections that even factor
  • in the hourly weather forecasts and wind
  • conditions in each stadium this is every
  • pitcher basically in baseball you've got
  • dozens of rows of statistics yes
  • fancy sports are effectively dominated
  • by numbers nerds with sophisticated
  • algorithms which is great news for
  • anyone who wished Moneyball could
  • somehow be a bit more boring but but
  • it's not great news
  • for a casual player and it's somewhat
  • undercuts the key selling point in their
  • ads anybody can win it's not just a game
  • for professionals it's a game for
  • everybody and fan duels made it where
  • anybody can play anybody can succeed
  • yeah but anybody can succeed is a bit of
  • a stretch when only one percent of the
  • players are winning most of the money to
  • say anyone can succeed on daily fantasy
  • is a bit like saying that I could be the
  • next James Bond sure it's a mathematical
  • possibility but it's a long shot it's a
  • it's a different movie not better or
  • worse just different so these daily
  • fantasy sites may be in a bit of a
  • quandary under our hazey gambling laws
  • the more they're a game of skill the
  • stronger their legal case usually is but
  • the less appealing they become to the
  • average player and there's actually a
  • precedent for an online amalgam of skill
  • and chance
  • unfortunately for daily fantasy it's
  • poker which which most states consider
  • gambling and you would think if these
  • sites were smart they would run away as
  • fast as they could from any comparison
  • to poker so if you go and play
  • draftkings it actually in many ways has
  • a similar feel to poker the games have
  • payout structures that are similar and
  • you know there's a lot of different
  • variety where you can play head to head
  • all the way up to larger tournaments the
  • way he's describing daily fantasy in
  • poker is so similar most people could
  • not tell them apart
  • they're like alligators and crocodiles
  • or Amy Adams and Isla Fisher it are
  • those two different people or the same
  • person twice it's impossible to tell
  • nobody knows and the similarities
  • between online poker and daily fantasy
  • don't stop there remember Cory Albertson
  • the guy with the homemade algorithm
  • guess where he honed those skills in a
  • past life he was a professional poker
  • player he's all-in and in trouble
  • against Cory Albertson both with a pair
  • of jacks Albertan but then he discovered
  • daily fantasy sports and has been
  • winning big against his online opponents
  • ever since look if it attracts the same
  • people and requires the same sorts of
  • skills it's safe to say it is somewhat
  • similar it's like finding out an Olympic
  • gymnast has joined circus
  • like or or an Olympic snowboarder has
  • joined a Colorado pot dispensary there's
  • there's connective tissue there that's
  • all I'm saying
  • and in case it's connection to the world
  • of Poker was not clear enough guess who
  • was a sponsor of the World Series of
  • Poker this year the World Series of
  • Poker Main Event telecast presented by
  • draftkings they're basically saying if
  • you love gambling
  • you'll love draftkings for completely
  • unrelated reasons look by any rational
  • definition daily fantasy is gambling
  • which which isn't necessarily a bad
  • thing people clearly love it but if
  • we're going to defacto legalize sports
  • gambling across the u.s. we should at
  • least do it on purpose and not because
  • two companies of somehow weaseled out a
  • way to pretend that they are not
  • something that they clearly are because
  • gambling enterprises wherever they are
  • legal are regulated to protect people
  • and that's going to need to happen here
  • and until such time if they're going to
  • keep bombarding us with those ads they
  • should at least make them a little more
  • honest daily fantasy is the hottest new
  • way to make real money as soon as I
  • tried drive Kings I was hooked
  • I've been using Fandral since I saw
  • those commercials on TV all the time I
  • turned thirty five dollars into two
  • million dollars into 40 dollars into
  • zero dollars on FanDuel daily fantasy is
  • the best I get to play every day you
  • mean you get to gamble it's not gambling
  • oh it's definitely gambling you have a
  • massive gambling problem it's actually a
  • skills-based game that is gonna make us
  • rich one day you're an idiot
  • with daily fantasy anyone can win I've
  • won seven hundred and eighty four
  • thousand dollars on FanDuel see you can
  • compete against millions of regular
  • sports fans just like you I have a
  • master's degree in statistics and have
  • designed an advanced algorithm that
  • incorporates real-time weather condition
  • updates and can calculate an earned run
  • average to the 20th decimal point B just
  • how does it feel to be a nerds bitch
  • daily fantasy sports is the only
  • skills-based entertainment product where
  • you can win big money you're where I'm a
  • winner how are you a winner uh-huh come
  • on winner I'll tell you how to I'm a
  • winner I want six dollars and 18 cents
  • playing daily fantasy that's all I'm a
  • winner
  • you spent $1,200 well that's what you
  • got to do you spend money to make money
  • I may be six dollars and 18 cents you
  • spent $1,200 yeah that's how it works I
  • don't understand you it cuz you don't
  • understand sports you
  • I understand math don't listen to the
  • critics daily fantasy is a legitimate
  • business daily fantasy has the support
  • of the NFL when have they ever been
  • associated with anything shady the best
  • part about it is that it's currently
  • legal so I'm excited about that
  • look at the size this check here we go
  • check look at this check $1,200 and you
  • want six dollars in 18 cents you saying
  • I'm not a big winner you spent $18
  • printing out this check at Kinkos well I
  • was proud that I won and look who the
  • chick is made up to big winner your
  • husband oh why don't you put it
  • where the TV used to go asshole daily
  • fantasy sports it's just pure fun and
  • it's so simple I just watch football and
  • win money I know that sounds too good to
  • be true in fact even saying it out loud
  • now I'm realizing that can't possibly be
  • true you mean a minute I hate you so
  • much daily fantasy is not just fun Who I
  • am
  • what'd the guy do I'm gonna turn this
  • into a full-time career I'm pregnant and
  • if you're concerned the daily fantasy
  • sounds like gambling
  • don't worry it isn't it's not gambling
  • it's playing a game where my cash
  • winnings depend on the performance of
  • professional athletes wait I described
  • gambling again didn't I
  • with daily fantasy all you need is a
  • love of sports I think I just realized
  • it at this very moment I actually hate
  • you fantastic I hate me too so that's
  • something we agree on for the first time
  • in a while is there something stronger
  • than a divorce that we could get like a
  • super divorce there was we probably
  • couldn't afford it play daily fantasy
  • now just use promo code gambling or
  • promo code obviously gambling or promo
  • code exploiting a legal loophole but by
  • any common-sense definition this is
  • gambling
  • you

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Daily fantasy sports sites claim they are not gambling enterprises, but they seem awfully…gamblish.
If only their ads were more truthful.

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