Advertising
Advertising

5 Ways Fantasy Sports Skills Are Transferrable

5 Ways Fantasy Sports Skills Are Transferrable

Fantasy sports is already a major industry in America. While controversy remains regarding whether certain forms of the game constitute gambling, a huge proportion of both the US and Canada play these game simulators that allow you to pick and choose players to make up a pretend team. In fact, it is estimated that 58.6 million people engage in fantasy sports annually. What you may not realize is that some fantasy sports skills are 100% transferable to other areas of life. How? Let me tell you.

1. The analysis of numbers is very similar to stock market analysis.

When you’re combing through yards per carry and value over replacement player in fantasy sports, you can easily move those skills over to stock trading and come out with similar (hopefully positive) results. In fantasy football for example, you might pay attention to carries or points per game; in stock trading, you should just like at price-to-earnings ratio or volume. The numerical analysis that goes into fantasy sports is definitely transferable. I do both, and I exhibit very similar feelings during both analyzing a second-string running back and a penny stock.

Advertising

2. Reading news releases and gathering information is useful in many industries.

When your player in fantasy sports gets hurt, you need to know quickly about the severity of the injury. Similarly, in financial market analysis, political policy discussion, or elsewhere, it is often necessary for you to troll around obscure advice websites and glean proper information from those sources, analyzing the legitimacy of the thought as you go along. Knowing how to research injuries/quarterly reports and how to implement that information is very valuable. Trolling around on obscure message boards is not something that is exclusive to fantasy sports. Almost every industry and interest has discussion forums that can be examined for valuable information.

Advertising

3. Negotiation skills can easily be honed in fantasy sports.

So your team is in dire straits, and you need to bolster your roster with a mid-season trade. You reach out to someone and offer a trade that benefits you, your trade partner offers something that is ridiculously in his favor, and you meet in the middle. Guess what? Negotiation works just like this in real life. A lot of fantasy sports leagues, though, consistent of members who are terrible at negotiation, not understanding that a trade should mutually benefit both sides, just like, according to economics there are (hypothetically) no losers in any business transaction. Use fantasy sports to practice negotiation.

Advertising

4.Fantasy sports keep you on a schedule.

If you’re a good fantasy sports owner, you know when you have to make certain transactions. For instance, before starting this article, I knew that because it was Tuesday, I had to make any waiver claims for my fantasy football league. Similarly, in other sports leagues, certain changes have to be made at certain times on a consistent basis. If you want to win at fantasy sports, you have to get on a regular schedule. And, as you know, most jobs rely on you arriving and/or executing certain tasks at certain times. Need I say more?

5. Fantasy sports make you set aside your certain likes and dislikes.

A lot of people play fantasy sports to draft players for whom they have some sort of affinity. Let me advise you, if you do not already know: THIS IS A TERRIBLE STRATEGY. The players you like and dislike will not perform better because you chose them for your made-up team. The only way to win in fantasy football is to choose the best players, regardless. For example, I hate NFL Quarterback Tom Brady. I loathe him. I think he’s a cheating pretty boy who is overexposed and over-hyped. However, he’s on my fantasy football team because he is the best player available, and I cannot complain when he outscores most other players. Similarly, at work, you may be asked to execute a task alongside a talented but jerkish coworker. You don’t get to choose your partner in that situation, and you cannot let your preferences filter in to your work, nor should you do so in fantasy sports

Featured photo credit: FX’s The League via blogs-images.forbes.com

Advertising

More by this author

25 All-Time Best Inspirational Sports Quotes To Get You Going 10 Signs You Are Probably An Ambivert 4 Ways Extreme Races Change Your View 4 Ways Baseball is the Perfect Metaphor for Life 5 Reasons Why You Should Have Total Strangers as Roommates

Trending in Leisure

1 What Should I Do Today? 30 New Things To Do Today 2 Enjoy Crafting With This App, It Offers 1000+ All Level Crafting Lessons Online 3 How to Have a Great Dining Experience the Budget-Friendly Way (From a Restaurant Insider) 4 Let This “5 Minute Journal” be Your Kids’ First Ever Mindfulness Journal 5 Walking 2 Dogs or More has Never Been Easier With This Smart Leash

Read Next

Advertising
Advertising
Advertising

Last Updated on March 24, 2021

8 Smart Home Gadgets You Need in Your House

8 Smart Home Gadgets You Need in Your House

We’ve all done it. We’ve gone out and bought useless gadgets that we don’t really need, just because they seemed really cool at the time. Then, we are stuck with a bunch of junk, and end up tossing it or trying to sell it on Ebay.

On the other hand, there are some pretty awesome tech inventions that are actually useful. For instance, many of the latest home gadgets do some of your work for you, from adjusting the home thermostat to locking your front door. And, if used as designed, these tools should really help to make your life a lot easier—and that’s not just a claim from some infomercial trying to sell you yet another useless gadget.

Advertising

Take a look at some of the most popular “smart gadgets” on the market:

1. Smart Door Locks

A smart lock lets you lock and unlock your doors by using your smartphone, a special key fob, or biometrics. These locks are keyless, and much more difficult for intruders to break into, making your home a lot safer. You can even use a special app to let people into your home if you are not there to greet them.

Advertising

2. Smart Kitchen Tools

Wouldn’t you just love to have a pot of coffee waiting for you when you get home from work? What about a “smart pan” that tells you exactly when you need to flip that omelet? From meat thermometers to kitchen scales, you’ll find a variety of “smart” gadgets designed to make culinary geeks salivate.

3. Mini Home Speaker Play:1

If you love big sound, but hate how much space big speakers take up, and if you want a stereo system that is no bigger than your fist, check out the Play:1 mini speaker. All you have to do is plug it in, connect, and then you can stream without worrying about any interruptions or interface. You can even add onto it, and have different music playing in different rooms.

Advertising

4. Wi-Fi Security Cameras

These are the latest in home security, and they connect to the Wi-Fi in your home. You can use your mobile devices to monitor what is going on in your home at all times, no matter where you are. Options include motion sensors, two-way audio, and different recording options.

5. Nest Thermostat

This is a thermostat that lives with you. It can sense seasonal changes, temperature changes, etc., and it will adjust itself automatically. You will never have to fiddle with a thermostat dial or keypad again, because this one basically does all of the work for you. It can also help you to save as much as 12% on heating bills, and 15% on cooling bills.

Advertising

6. Smart Lighting

Control your home lighting from your remote device. This is great if you are out and want to make sure that there are some lights on. It is designed to be energy efficient, so it will pay for itself over time because you won’t have to spend so much on your monthly energy bills.

7. Google Chromecast Ultra

Whether you love movies, television shows, music, etc., you can stream it all using Google Chromecast Ultra. Stream all of the entertainment you love in up to 4K UHD and HDR, for just $69 monthly.

8. Canary

This home security system will automatically contact emergency services when they are needed. This system offers both video and audio surveillance, so there will be evidence if there are any break-ins on your property. You can also use it to check up on what’s happening at home when you are not there, including to make sure the kids are doing their homework.

Featured photo credit: Karolina via kaboompics.com

Read Next