There's big money in fantasy sports. Last year, alone, people paid $1.7 billion to play in fantasy leagues. With all that money sloshing around, a fantasy economy has sprung up, giving rise to real businesses. Here are four of them.
The Insurance Company
Henry Olszewski founded Fantasy Sports Insurance in 2008 — the year the financial system nearly collapsed. And, more importantly, the year New England Patriots quarterback Tom Brady suffered a serious hit to the knee.
Backing a losing NFL team isn't just bad for your pride.
It's bad for your waistline.
A study that links sports outcomes with the eating behavior of fans finds that backers of NFL teams eat more food and fattier food the day after a loss. Backers of winning teams, by contrast, eat lighter food, and in moderation.
That was certainly an impressive way to open the NFL season wasn't it? Sending an NFL record 7 touchdowns through the air, Peyton Manning and the Broncos beat the defending champion Baltimore Ravens 49-27. Manning was 27-of-42 for 462 yards for the night.
Did Manning exact revenge against the Ravens for the city of Denver? Not completely. There was no tomorrow when the Ravens rallied to beat the Broncos 38-35 in double overtime during a frigid January playoff game in Denver. There are essentially 15 more tomorrows in this 16-game NFL season.