Insight - What fantasy football can teach money managers

  • 📰 staronline
  • ⏱ Reading Time:
  • 70 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 75%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

THE English football season ended Sunday, and for 9.2 million players of the Fantasy Premier League that means finding something else to mull over on a Saturday morning.

In the past few years, the fantasy version of the beautiful game has taken off. Each week, fantasy managers field a team of 11 players whose performances on the pitch convert to points in their game.

As in finance, these games are characterised by incomplete information: Players have to assess the probability of outcomes in the face of uncertainty. As a result, they can hone skills that are transferable into financial markets.A recent academic paper showed that hedge fund managers who do well in poker tournaments post significantly better fund performance.Unlike these other games, fantasy football takes place over a longer period of time – an entire season, from mid-August to late May.

As well as the initial selection and the weekly trade, they also need to decide when to play various “chips” that confer special powers – for example, a complete team overhaul. The “hot hand” in sports has been variously dismissed by academics as a fallacy, but the latest research gives it some credence.Some managers seek out value, picking players who look mispriced relative to their performance. Others adopt a “moneyball” approach, using quantitative tools to identify players whose underlying stats signal an impending upturn in performance.

Ten years ago, Fantasy Premier League was played by fewer than 2.8 million managers. Since then, participation has grown at a rate of 12.7% a year. This year, the Fantasy Premier League game was won by American Jamie Pigott, who achieved a higher points score than any winner in the past 20 years. I came a measly 39,319th.


Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Klopp named Premier League manager of the yearKlopp, collecting his accolade at the LMA Awards dinner in London on Tuesday, said: “It is a great honour and it was an insane season. theSun theSundaily LiverpoolFC Klopp EPL
Source: theSundaily - 🏆 25. / 51 Read more »

Zahid denies committing CBT, says legal firm appointed to handle Yayasan Akalbudi funds | The Malaysian InsightFormer DPM says ex-aide’s negligence led him to transfer foundation’s money to Lewis & Co. Liar liar pants on fire
Source: msianinsight - 🏆 8. / 63 Read more »

Soccer-Hoffenheim name Breitenreiter as manager(Reuters) - Hoffenheim named Andre Breitenreiter as coach on Tuesday, with the former Schalke and Hannover manager replacing Sebastian Hoeness who left the club earlier this month. Allah SWT mengajar umat Islam mengenai Pakistan, tetapi mereka tidak memahami; begitu juga orang Pakistan. Muhammad Qasim melihat bahawa Pakistan mempunyai kepentingan utama dalam Islam dan masa depan umat Islam. Imam Mahdi akan bangkit dari Pakistan.
Source: staronline - 🏆 4. / 75 Read more »

Soccer-Palace manager Vieira calls for workplace safety after altercation with fan(Reuters) - Patrick Vieira said football players, coaches and staff need to be safe at stadiums after the Crystal Palace manager was involved in an altercation with a fan at Goodison Park during a pitch invasion last week.
Source: staronline - 🏆 4. / 75 Read more »

Soccer-Last day loss should not overshadow Brentford’s season - managerLONDON (Reuters) - Defeat at home in their last game of the season should not overshadow a brilliant first Premier League season for Brentford, manager Thomas Frank said.
Source: staronline - 🏆 4. / 75 Read more »

Zahid: RM1.3m advance to police football club was aid, not CBT'I was told players and staff didn't receive salaries for four months.' If it’s not CBT it’s clearly corruption I wanna set up a similar foundation ' Raise 13m for charity, Keeps 90% for shopping ' Hahahha bagaimana dgn pasukan bola lain Hahahha
Source: malaysiakini - 🏆 20. / 51 Read more »