“What if, instead of competing over a full season, contest took place over a single day? ... you could win or lose real cash every day.”

Understood: The Big Bet · E1: Who Wants to be a Millionaire?

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What was described

replaced season-long fantasy contests with daily contests (Daily Fantasy Sports) to let players win cash every day

Said nearby on the same subject

“Nik estimates that in places where sports betting was legalized, FanDuel managed to convert about 90 percent of its daily fantasy customers into sports bettors”
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