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Daily Fantasy Sports
Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition while remaining under a salary cap, and earn points based on the actual statistical performance of the players in real-world competitions. Daily fantasy sports are an accelerated variant of traditional fantasy sports that are conducted over short-term periods, such as a week or single day of competition, as opposed to those that are played across an entire season. Daily fantasy sports are typically structured in the form of paid competitions typically referred to as a "contest"; winners receive a share of a pre-determined pot funded by their entry fees. A portion of entry fee payments go to the provider as rake revenue. In the United States, the daily fantasy sports industry was dominated by two competing services: the New York-based FanDuel, and the Boston-bas ...
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Fantasy Sport
A fantasy sport (also known less commonly as rotisserie or roto) is a game, often played using the internet, where participants assemble imaginary or virtual teams composed of proxies of real players of a professional sport. These teams compete based on the statistical performance of those players in actual games. This performance is converted into points that are compiled and totaled according to a roster selected by each fantasy team's manager. These point systems can be simple enough to be manually calculated by a "league Commissioner#Sports, commissioner" who coordinates and manages the overall league, or points can be compiled and calculated using computers tracking actual results of the professional sport. In fantasy sports, as in real sports, team owners draft, trade, and cut (drop) players. History Early simulations The history of fantasy games can be traced to the 19th century. The tabletop game ''Sebring Parlor Base Ball'', introduced in 1866, allowed participants to sim ...
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Inside Information
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information are illegal. The rationale for this prohibition of insider trading differs between countries and regions. Some view it as unfair to other investors in the market who do not have access to the information, as the investor with inside information could potentially make larger profits than an investor without such information. However, insider trading is also prohibited to prevent the director of a company (the insider) from abusing a company's confidential information for the director's personal gain. The rules governing insider trading are complex and vary significantly from country to country as does the extent of enforcement. The definition of insider in one jurisdiction can be broad and may cover not only insiders themselves but also a ...
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Basketball
Basketball is a team sport in which two teams, most commonly of five players each, opposing one another on a rectangular Basketball court, court, compete with the primary objective of #Shooting, shooting a basketball (ball), basketball (approximately in diameter) through the defender's Basket (basketball), hoop (a basket in diameter mounted high to a Backboard (basketball), backboard at each end of the court), while preventing the opposing team from shooting through their own hoop. A Field goal (basketball), field goal is worth two points, unless made from behind the 3 point line, three-point line, when it is worth three. After a foul, timed play stops and the player fouled or designated to shoot a technical foul is given one, two or three one-point free throws. The team with the most points at the end of the game wins, but if regulation play expires with the score tied, an additional period of play (Overtime (sports), overtime) is mandated. Players advance the ball by boun ...
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Baseball
Baseball is a bat-and-ball games, bat-and-ball sport played between two team sport, teams of nine players each, taking turns batting (baseball), batting and Fielding (baseball), fielding. The game occurs over the course of several Pitch (baseball), plays, with each play beginning when a player on the fielding team (baseball), fielding team, called the pitcher, throws a Baseball (ball), ball that a player on the batting team (baseball), batting team, called the Batter (baseball), batter, tries to hit with a baseball bat, bat. The objective of the offensive team (batting team) is to hit the ball into the field of play, away from the other team's players, allowing its players to run the Base (baseball), bases, having them advance counter-clockwise around four bases to score what are called "Run (baseball), runs". The objective of the defensive team (referred to as the fielding team) is to prevent batters from becoming Base running, runners, and to prevent runners base running ...
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Auto Racing
Auto racing (also known as car racing, motor racing, or automobile racing) is a motorsport involving the racing of automobiles for competition. In North America, the term is commonly used to describe all forms of automobile sport including non-racing disciplines. Auto racing has existed since the invention of the automobile. Races of various types were organized, with the first recorded as early as 1867. Many of the earliest events were effectively Classic trials, reliability trials, aimed at proving these new machines were a practical mode of transport, but soon became an important way for automobile makers to demonstrate their machines. By the 1930s, specialist racing cars had developed. There are now numerous different categories, each with different rules and regulations. History The first prearranged match race of two self-powered road vehicles over a prescribed route occurred at 4:30 A.M. on August 30, 1867, between Ashton-under-Lyne and Old Trafford, England, a di ...
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Association Football
Association football, more commonly known as football or soccer, is a team sport played between two teams of 11 Football player, players who almost exclusively use their feet to propel a Ball (association football), ball around a rectangular field called a Football pitch, pitch. The objective of the game is to Scoring in association football, score more goals than the opposing team by moving the ball beyond the goal line into a rectangular-framed Goal (sport), goal defended by the opposing team. Traditionally, the game has been played over two 45-minute halves, for a total match time of 90 minutes. With an estimated 250 million players active in over 200 countries and territories, it is the world's most popular sport. Association football is played in accordance with the Laws of the Game (association football), Laws of the Game, a set of rules that has been in effect since 1863 and maintained by the International Football Association Board, IFAB since 1886. The game is pla ...
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College Football
College football is gridiron football that is played by teams of amateur Student athlete, student-athletes at universities and colleges. It was through collegiate competition that gridiron football American football in the United States, first gained popularity in the United States. Like gridiron football generally, college football is most popular in the United States and Canada. While no single governing body exists for college football in the United States, most schools, especially those at the highest levels of play, are members of the National Collegiate Athletic Association, NCAA. In Canada, collegiate football competition is governed by U Sports for universities. The Canadian Collegiate Athletic Association (for colleges) governs soccer and other sports but not gridiron football. Other countries, such as Organización Nacional Estudiantil de Fútbol Americano, Mexico, American football in Japan, Japan and Korea American Football Association, South Korea, also host colle ...
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American Football
American football, referred to simply as football in the United States and Canada and also known as gridiron football, is a team sport played by two teams of eleven players on a rectangular American football field, field with goalposts at each end. The offense (sports), offense, the team with possession of the oval-shaped Ball (gridiron football), football, attempts to advance down the field by Rush (gridiron football), running with the ball or Forward pass#Gridiron football, throwing it, while the Defense (sports), defense, the team without possession of the ball, aims to stop the offense's advance and to take control of the ball for themselves. The offense must advance the ball at least ten yard, yards in four Down (gridiron football), downs or plays; if they fail, they turnover on downs, turn over the football to the defense, but if they succeed, they are given a new set of four downs to continue the Glossary of American football#drive, drive. Points are scored primarily b ...
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Percentile
In statistics, a ''k''-th percentile, also known as percentile score or centile, is a score (e.g., a data point) a given percentage ''k'' of all scores in its frequency distribution exists ("exclusive" definition) or a score a given percentage of the all scores exists ("inclusive" definition); i.e. a score in the ''k''-th percentile would be above approximately ''k''% of all scores in its set. For example, the 97th percentile of data is a data point below which 97% of all data points exist (by the exclusive definition). Percentiles depends on how scores are arranged. Percentiles are a type of quantiles, obtained adopting a subdivision into 100 groups. The 25th percentile is also known as the first '' quartile'' (''Q''1), the 50th percentile as the ''median'' or second quartile (''Q''2), and the 75th percentile as the third quartile (''Q''3). For example, the 50th percentile (median) is the score (or , depending on the definition) which 50% of the scores in the distribution are ...
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Play Money
Play money, toy money, faux paper money or formally ludic money is money that functions as a toy or a token in a game or when playing. The first such toy money was printed in 1880 by the Milton Bradley Toys company, and was actually a teaching tool, distributed to schools so that children could play at commercial transactions and learn skills for reckoning change, recognizing coins, and budgeting purchases. The rules of play money usually follow the same lines as they do for real money: counterfeiting is considered cheating at a game. Play money is a common type of game resource that can be earned, spent and lost. Although poker chips are used in game play, the distinction between them and play money is threefold: play money is not intended to be used in gambling, play money (except for its value as a collectable item of board game parphenalia) is not exchangeable for real currency, and play money (especially when used for teaching) tends to have some physical resemblance to act ...
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Paddy Power Betfair
Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company. History Paddy Power and British rival Betfair agreed terms for a merger on 8 September 2015. The business is owned 52% by the former Paddy Power shareholders and 48% by the former Betfair shareholders. The merger was completed on 2 February 2016. On 5 April 2016, it was announced that 650 jobs in the United Kingdom and Ireland would be lost at the company. On 18 October 2016, the company paid out $1.1M to those who bet on Hillary Clinton in the presidential election in the United States, citing a certainty of Clinton's victory. Trump won. In May 2017, it acquired daily fantasy sports operator Draft. In August 2017, it was ann ...
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Bookmaker
A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays out bets on sporting and other events at agreed-upon odds In probability theory, odds provide a measure of the probability of a particular outcome. Odds are commonly used in gambling and statistics. For example for an event that is 40% probable, one could say that the odds are or When gambling, o .... History The first bookmaker, Harry Ogden, stood at Newmarket in 1795, although similar activities had existed in other forms earlier in the eighteenth century. Following the Gaming Act 1845, the only gambling allowed in the United Kingdom was at race tracks. The introduction of special excursion trains meant that all classes of society could attend the new racecourses opening across the country. Runners working for bookmakers would collect bets in Clock bag, clock bags. Cash flowed to the bookmakers who employed bodyguards against protection gangs operating within the vast cro ...
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