Hey guys, I hope fall is going well for everyone.
Today I'd like to talk about my new venture, DraftDay. DraftDay is a daily fantasy sports site. I'll briefly explain daily fantasy sports and then give some general thoughts on why I've become involved in this industry.
Most people play season long fantasy sports leagues where you draft a team, set your lineup each day/week, and compete over the course of an entire season. Daily fantasy sports games differ in that you draft a team for one day/week only -- you are not tied to that team for a season.
Ironically, certain fantasy sports contests were exempted from the same UIGEA that has made life very difficult on poker players in the USA. DraftDay of course follows these rules and as such most USA and Canadian residents can play for real money on the site.
I really hope you give DraftDay a look, I think the site is going to be big someday and I've worked really hard on it. I'm so proud of the product our team has created, I truly love the site.
There's a few main points I want to address so I'm just going to list them off in no order of importance.
The future of the fantasy sports industry (particularly non-NFL games):
I am confident this industry is going to grow massively. It just makes sense. Fantasy sports are insanely popular as it is. The biggest problem with the games is the commitment required. It's a large commitment for a casual fan to join a league and manage a team for a year. You've got to deal with trades, injuries, poorly performing players, the list goes on. I believe that's the biggest reason why fantasy football is so popular -- you spend 10 minutes per week on your lineup and that's all you have to worry about. Fantasy baseball and basketball require a much larger dedication to the game as the seasons literally have games every day.
The NFL has completely and totally embraced fantasy football. This has made it even more comfortable for casual fans to get involved in the game. As the daily games grow in popularity, the amount of MLB and NBA fans playing fantasy games is going to skyrocket. I believe that the NBA and MLB will eventually embrace fantasy in a similar way and the next generation of sports fans will play these games for life.
You'll hear conversations like:
Guy 1: "Hey, want to play an NBA fantasy game tonight?"
Guy 2: "Sure, I'll be watching the [team] game anyway, let's do it."
Guy 1: "Alright, get on DraftDay and message me the game name."
:::this leads to Guy 1 and Guy 2 watching more NBA that night:::
:::which leads to the NBA and MLB realizing this and and promoting fantasy stats to their fans, developing more fantasy based programming, etc.:::
Which is all really good for this industry.
This is going to happen, try out a game on DraftDay and tell me that it's not fun and easy. The key really is that casual sports fans will find it a good mix of fun and challenging, while serious fantasy sports enthusiasts can drill down deeply into the stats and spend hours trying to find the best lineup.
I've been telling people for years that I didn't plan to stay in the poker industry forever. I can remember first saying that to regulars at the UB tables back in 2005 and throughout the years as CardRunners became more well known. I don't think very many people believed me, at least that was my perception when I'd have those conversations.
Part of my motivation for trying a non-poker venture is that I've always felt like I am a product of being in the right place at the right time. Things totally fell into place almost perfectly as far as timing, skill set, etc. Nevermind the fact that if I got unlucky at the tables during the beginning of my career things could have worked out totally differently. For years I've had a sometimes lingering feeling that this was super lucky and that if my life played out a million times I literally hit the top end of my financial success range. I'm not complaining, but I can't shake the desire to be successful in some other industry. I feel that beyond the money it could bring it would be so personally satisfying. I'll still be around CR and the poker community, but for now this is important to me.
Opportunity and Timing:
You don't get a lot of opportunities in life to be in "on the ground floor" of something. I had that opportunity with online poker and I feel like I very much have it again with daily fantasy sports. If you're reading this blog, you've got that same opportunity as well. As the industry grows, there will be big time money making opportunities. One of the most important things I have learned in my 20's is how important it is to be ahead of the curve. I believe there will be major money making opportunities here for successful players and businesses. People that joined CR in 2005 got a huge advantage by getting good information ahead of the curve, I believe it's going to happen again in this industry.
What you can do to help:
A lot of people have told me over the years that my CR videos have really helped them grow as a poker player. Many have said they'd be happy to return a favor to me if they ever could. If you're interested in helping me out, please tell your friends who play fantasy sports about DraftDay. You can follow us on twitter at @DraftDay or become a fan on Facebook. Every little bit helps, thanks for your consideration.
Thanks for reading. Feel free to get in touch via the comments section or follow me @taylorcaby on Twitter.