Fantasy Sports: Luck Is More Important Than You Think

Managers of fantasy sports teams - where people draft rosters filled with players of their own choosing - spend countless hours and sometimes thousands of dollars on analysis to develop a sophisticated method of getting the best roster. And sometimes, just like real sports, some superstition is involved. But most fantasy sport players overestimate the role of skill and knowledge in building a winning team, and underestimate the role of luck, according to a paper in the Journal of Sports Management.  read more

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