The newest and most innovative of them right now being daily fantasy sports. The 1984 Fantasy Football Digest, co-authored by Tom Kane Jr. and Cliff Charpentier, was the very first to document the rules of fantasy football in paper. Also, while fantasy football is played mostly amongst friends and co-workers, daily fantasy sports is played online with thousands of other players. Popularity aside, there is a clear legal dilemma that presents itself as far as daily fantasy sports betting is concerned. While daily fantasy sports is a much newer concept that is not quite similar to sports betting in the traditional sense, one could still argue that betting on fantasy sports, especially daily fantasy sports, is the same as illegal gambling.

Source: Forbes December 09, 2017 14:42 UTC