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.
Forming a good team definitely requires skill and knowledge. As you know if you watch the FX comedy "The League", you won't do well if you draft players who no longer play, but a new study shows that fantasy sports players believe they have much more control over the outcome of games than they actually do, said lead author Dae Hee Kwak, assistant professor at the University of Michigan School of Kinesiology.
Read the full article in Science 2.0 here: http://www.science20.com/news_articles/fantasy_sports_luck_more_important_you_think-127774