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Has not -- -- next segment because fantasy football that's like a whole other world to me lots of people mostly guys are.
Religiously looking over their teams.
Now that football season is officially starting to have real Carroll is here with foxbusiness.com to just -- down.
Time that I -- -- a new trend of and -- insurance with planes I have this right can you explain isn't any fantasy is.
Moving into the -- work there out insurance providers and Roy Ayers that well.
Provide you with everything you need to make sure that your investment in your fantasy league is protected.
Okay -- -- it mark it's growing so fantasy sports as a whole is a one point two billion dollar industry it's hard to believe.
So there -- now these insurance companies popping up the first one.
Popped up and around 2009.
And they'll basically protect your investment in case your top traffic gets injured.
-- it's funny.
But these guys yeah I mostly guys as you mentioned are spending that kind of money -- fantasy sports upwards of 300 dollars off and the average investments between 30500.
Dollars according to these insurance providers.
And if your top -- get injured like Tom Brady in 2008.
All of a sudden your investment is gone and you don't really have a chance of winning.
So these insurance companies -- -- one that I spoke to you fancy sports insurance dot com.
For 10% of your investment they'll protect yourself if your top pick gets injured misses in nine games.
You're protected and -- get some money back they -- Q and Tripoli and obviously this is -- booming business because.
Fantasy football has defied the recession it's grown.
Every year -- is going 11%.
A year over the past five -- it's incredible.
So it's a growing market and these companies are looking capital how many companies are we talking roundabout I spoke with two companies -- is launching a product this year so you can see -- people.
Are looking at this market and saying I want to get into this.
I want to see where this we'll take it.
An interesting company at spoke with has been doing this for awhile sports judge dot com.
I it's run by mark Ellman who -- a lawyer he teaches hot -- university here in New York.
And he started settling disputes for his friends and a fantasy world when he was in -- -- Yes they can get very heated you know every obviously have contracts they have constitutions.
You're making trains.
And it can get very heated in here.
With friends you know you don't wanna burn any bridges just ever and be let off so why not call -- and for fifteen dollars he settled disputes.
And he said he'll settle between 5800 disputes a year between.
Between fantasy football and fantasy baseball.
So this is where -- you're on the team and only you have insurance for your player is the whole team there.
You personally protect your investment.
They seem to have a leg up on everybody else on your team then I guess because if you don't win because your time players get injured.
You get your money back and you're not going to get the huge.
Pride that you might have got it he had won nearly.
But you are protected you're not totally wasting your -- -- businesses.
Come from other instances I think spring up here so very interest that you don't.
I don't I go ahead single thing about that -- -- -- The top player protected this year's Adrian Peterson -- yeah.
Well you and I together.
You really danger risk and we can get here aren't up next here on the screen and it deeper pockets in -- with insurance.
And lawyers say -- you everybody for lasting thank you for breaking it down every -- that was a tough one for someone like me that.
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