{"id":9741,"date":"2013-09-22T09:00:51","date_gmt":"2013-09-22T13:00:51","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=9741"},"modified":"2013-09-22T11:13:30","modified_gmt":"2013-09-22T15:13:30","slug":"the-economics-of-fantasy-sports","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2013\/the-economics-of-fantasy-sports\/","title":{"rendered":"The Economics Of Fantasy Sports"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/09\/092213_0954_TheEconomic1.jpg\" width=\"640\" height=\"480\" \/><\/p>\n<p>Lisa Chow wrote about fantasy economics:<\/p>\n<ul>\n<li>In 2012 people paid $1.7 billion to play in fantasy leagues. This has led to an entire fantasy-league industry.<\/li>\n<li>One company allows players to purchase real insurance products. If an individual is in a $100 league, then they can pay $10 \u2013 and if their star player goes down then the insurance company pays out the full $100.<\/li>\n<li>There are also mediators who will resolve disputes between fantasy league players for $14.95.<\/li>\n<li>LeagueSafe, a company that holds entry fees and manages payouts for leagues is an entire business with eight employees. They don&#8217;t charge any money for their services \u2013 they simply invest the cash they hold during the fantasy season.<\/li>\n<li>Fantasy sport companies have done so well they&#8217;ve banded together to create their own lobbying group.<\/li>\n<\/ul>\n<p>Read more about the fantasy company that gives an extra dose of fantasy, the most insured fantasy player and more over <a href=\"http:\/\/www.npr.org\/blogs\/money\/2013\/09\/20\/224219585\/cashing-in-on-the-fantasy-sports-economy\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.npr.org\/blogs\/money\/2013\/09\/20\/224219585\/cashing-in-on-the-fantasy-sports-economy\">NPR<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lisa Chow wrote about fantasy economics: In 2012 people paid $1.7 billion to play in fantasy leagues. This has led to an entire fantasy-league industry. One company allows players to purchase real insurance products. If an individual is in a $100 league, then they can pay $10 \u2013 and if their star player goes down [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/09\/092213_0954_TheEconomic1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=9741"}],"version-history":[{"count":4,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9741\/revisions"}],"predecessor-version":[{"id":9745,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9741\/revisions\/9745"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/9740"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=9741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=9741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=9741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}