It could be said that Drew Dinkmeyer is living a fantasy -- literally. That's because he recently quit his job to play fantasy sports "professionally."
The former investment analyst told NPR's Jacki Lyden over the weekend that with $500 on the line for each game, he found he could afford to live the dream:
"What you're doing is you're trying to find a company that is trading for less than it's really worth. ... So if there's a company out there that's priced at $50 on a given day, and you think that company is really worth $60 or $70, you want to own that company and invest in that company, and that's the same thing daily fantasy players are doing.
"They're given a list of prices for all the individual players, and they have to figure out which ones are worth more than those actual prices to compile the best team that can put together the most points."
The football season obsession, which involves building a virtual team made up of actual NFL players and gaining points for their game day stats, is in full swing as participants conduct drafts and finalize their teams before the first game regular season game on September 5th. Although football might be the most popular, there are fantasy sports for everything from baseball to golf to cricket.
Dinkmeyer, in addition to managing his own fantasy teams, co-hosts a radio show about the virtual game and writes for fantasy sports-focused websites -- My Fantasy Fix and Fantistics -- with strategies and general fantasy football news and stats.
In June, the Wall Street Journal featured the 31-year-old just before his last day of non-fantasy work. Dinkmeyer revealed in the interview that he began playing fantasy sports at 9 years old. So is living the dream something Dinkmeyer plans to continue long-term?
"This is something that I imagine doing for the rest of my life," he told NPR.
Listen to NPR's full interview with Dinkmeyer on its website.
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