There is little doubt that fantasy sports are a lucrative and exciting business. It has brought about a new phenomenon on our screens: social networking – the new way of watching sports. Social gaming, or virtual reality gaming, is a form of entertainment. The user interacts with virtual worlds via a shared network rather than with a traditional console or monitor. 

In the world of the big data world, there are many reasons to be excited about these developments. In the past few years, the world of social networking and big data gathered an unprecedented amount of data from people worldwide. This trend will continue, not only because there is improved information but also because the information collected will help define new industries that will have dramatic implications for industries ranging from consumer behaviour to healthcare, sports, education, and social services.

What's changed with fantasy sports?

The best answer probably lies in the role of a young generation of fantasy football experts in the shift. Data scientists play their games, so the science will work for them when the data are available. Real-time analytics are changing the way sports are played and winning. As the NFL and other professional sports have taken data-driven trends and applied them to their success, fantasy players' job has changed. Today's fantasy football player gets paid to watch and analyze. 

A lot has changed in this decade in the field of data science, analytics and science education. While the draft is an important facet of fantasy sports, it is not the only one that we play at fantasy sites. Players can compete in more than a hundred other sports leagues, and there is a multitude of fantasy sports products that can be found through websites like Data Sports Group. If you're unsure what fantasy football is, you know where to look, and there's a handy rundown.

Data- An Advantage in the Information Era

Datafication enabled the introduction of a draft, and it gave birth to the modern fantasy sports landscape. From the inception of the fantasy sports business, players were encouraged to compete in fantasy and draft the players from their communities into one of these fantasy teams. Previously, players' daily fantasy activity was recorded over a few weeks, and the data was gathered only for the individual player. 

Now it's possible to track every fantasy action a player has taken over a while on a global basis, allowing us to compare past performance to what we might expect. Another interesting area of activity is automated scoring. Whereas before the fantasy owner was expected to input information manually into the matchmaking system, a new system is now being introduced automatically to replace the manual entry with a more automatic and transparent process.

A connect

Fantasy sports analytics organizations were created to capitalize on the rapidly growing popularity of daily fantasy sports—a strategy that will likely see a big spike in 'datafication' in the future. So, fantasy sports have taken a more appealing form because we want sports entertainment to be accessible to millions, even billions, of people all over the world through daily fantasy stats. When we talk to our friends and family and their friends and friends, we are likely to hear that they also like to watch fantasy sports, and they like to watch fantasy sports on the television because it is entertainment.

Fan and Fantasy 

Fantasy football analytics enabled the conception of fantasy football data sets and sports data warehouses that warehouse data for use by teams and leagues. The advent of mobile devices and the advent of a wide variety of online games and mobile applications pushed the importance of data storage in fantasy sports analytics. This increased demand for data led to the growth of the company. Although many companies have invested large amounts of money into building their analytical capabilities, not many have been able to find the balance between cost and benefit.

Data Sports Group has a particular interest in making sense of big data, improving business decision-making, and the future of sports betting; the company introduces several tools to do just that.