Fantasy football stock market game

Fantasy football stock market game

Author: WmMaster On: 18.06.2017

SSE is a mobile app and website that allows sport enthusiasts to play college-level fantasy football. In one year, the venture has seen its stock rise.

The platform, General Application Market Exchange or GAME , according to Schreiber, is fast, flexible, and works like the New York Stock Exchange. It allows players to buy and sell orders in this case, stock is college football teams , and those orders wait to be paired with corresponding ones.

When trades are finalized, prices are updated. Players sign up in a league comprised of friends and colleagues.

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The price for each team is set at the beginning of each season by an expert prognosticator based on the predicted number of wins that a team will rack up.

The season runs from Week 1 to the national championship game. Once the market opens, prices are determined by demand. Folks buying Auburn stock in October did not see higher returns than those who bought in August. CEO Will Schreiber points out that it is wiser to buy stock in teams that are trading below their actual worth.

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The point is to buy stock in teams you think will outperform expectations, he says. In SSE, there is no limit to the number of players in a specific league.

And there is no limit to the amount of stock you can buy. People had tried this before, but most were using real money and that became a little too much to control.

In Stadium Stock Exchange there is no real money, so no cash-outs.

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It, like most fantasy sports games, is free to play. The ultimate challenge is to compete with friends and establish bragging rights. With college football, says Gill, bragging rights is an essential component to being a loyal fan. Demographics did not lead Gill and Schreiber to make the game — they knew it was going to appeal to young, educated males, and SSE has a host of highly educated lawyers and accountants in various leagues.

But they did discover a few surprises. Those tenets are what draw players to Stadium Stock Exchange. Gill left and Schreiber work on SSE, the first startup company picked up by Nissan's Innovation Lab. They met at Vanderbilt, ironically in a web development class. The quality of the website, the readability of the text, and the time devoted to making it work six months and , lines of code is a testament to the Vanderbilt experience.

Still, Gill dropped the ball on investing in Commodores football stock this season. No one saw another nine-win season. Somewhere around late June or early July the next season will get rolling with initial stock prices posted. Lessons learned in year one will direct whatever changes need to be made. The ultimate goal is to sell SSE, according to Schreiber, but now the push is to grow the product and increase the user base — making the venture cash-flow strong.

Fantasy trading site allows users to 'play' the stock market

All are getting big jobs on Wall Street, making six figures out of college. They probably look at this as sophomoric, but I love it. Posted on Friday, January 17, in Alumni , Home Features , Mechanical Engineering , News. Mail will not be published required. Vanderbilt University School of Engineering.

fantasy football stock market game

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