Trevor Noah Warns: Fantasy Sports Are ‘Screwing Everyday Americans’

NOAH: “Now hold on a second there, buddy. As much as I respect you and your Nick Nolte mug shot shirt, this contention that what you’re doing is investing, I’m going to need more evidence. Name one way fantasy sports is like Wall Street.”
[video]
REPORTER 1: “Accusations of inside trading by fantasy sports web sites. An employee of Draft Kings allegedly used inside information to win $350,000 on a rival site.”
REPORTER 2: “That might be akin to insider trading.”
[end video]
NOAH: “Insider trading! Yeah, that’s similar to Wall Street but I’m still not convinced.”
[video]
GUEST 1:  “Users using sophisticated algorithms to gain advantage in competitive play.”
GUEST 2:  “There are certain computer algorithms set up which allow, say a player who is out but the majority of public don’t know it but I do, maybe on 30 different fantasy lines that I have the player gets pulled, so I have the advantage to win.”
[end video]
 NOAH: “Fine, insider trading and high frequency trading algorithms, those are two examples. But this is football we are talking about. So I need three strikes. If you can find me people talking about trading players and stuff in exactly the same way, then maybe I I could be swayed.”
[video]
VARIOUS HOSTS: “What are you looking to buy low or sell high? ... First guy that comes to mind, Antonio Gates, I am selling high ... Quick thoughts on Lacey, try to buy low ...  Buy low and sell high candidates ... Fantasy stock market ... Find out who’s skyrocketed ... And your fantasy football league ... A hot commodity on the wire... Volatility in the fantasy stock market ... We provide big fantasy dividends ... Your portfolio is in the dumps, you know what that means, sell, sell, sell.”
[end video]
NOAH: “Online sports betting is an unregulated marketplace that seems to be screwing everyday Americans out of their hard earned money.”