Why online daily fantasy sports are mostly a loser’s game

With 57 million players in North America alone, daily fantasy sports have exploded over the last year; sites like Fanduel and Draftkings have earned billion-dollar valuations. But whether it’s a form of gambling or a game of skill has come up for debate in a host of states. On top of that, most of the profits seem to be won by a tiny fraction of elite players. Economics correspondent Paul Solman reports.
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