As we near the end of the preseason, people are beginning to form their fantasy football leagues. Of course, if you’re in a fantasy football league where money is involved, someone has to be in charge of it. While that person is supposed to just sit on the money until a winner is declared, we all know that, every once in a while, they don’t really do that.
Now, a user on TikTok has shared what one could, hypothetically, do to maximize their earnings as a fantasy football commissioner. Though it should be noted that, for legal reasons, he’s “literally kidding.”
How Can You Profit From Your Role As Fantasy Football Commissioner?
In his video, which currently has over 760,000 views, TikTok user Billy Howard (@billyhoward24) provides advice on how one can turn their role as fantasy football commissioner into a profitable endeavor.
First, one should collect the league dues and then immediately put those dues into a stock.
“You can tell the league, ‘Hey, I’m putting this into a stock. … Winner gets all of it, or less,’” he states. “Or, you don’t tell them, and if it gets more, you keep what’s left. And if it’s less, then you take that hit. You pay out the winner what he deserves.”
Next, he offers what he calls the “general generational wealth strategy.” That involves immediately putting all of the dues into a “heavy favorite”and then continuing to do this every round until you make a considerable profit.
To conclude the video, Howard states that he’s “literally kidding,” that he’s “not a financial advisor,” and to his league mates, that this video “is a joke.”
“Just don’t do it,” he advises. “Please.”
Should You Do It?
Howard is right: You shouldn’t do this.
The exact reasons why one shouldn’t do this vary. Concerning the “generational wealth strategy,” this is also known simply as “gambling.” Are you more likely to win on a “heavy favorite”? Potentially. However, a heavy favorite does not mean a guaranteed win. And if you lose, you’ll be tasked with repaying all the league dues.
Concerning the former—the “put it into a stock” strategy—while likely more stable than the aforementioned gambling, this may not be entirely legal. League members could argue that you misappropriated their funds and/or that you violated an either implicit or explicit agreement that funds are only to be used for the fantasy league.
In short, it’s better to simply hold onto the money and pay it out as originally agreed, rather than try to use it as an opportunity to profit.
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Commenters Share Their Thoughts
In the comments section, many users joked that Howard had, effectively, reverse engineered a bank’s investment strategy.
“So basically what a bank does,” noted a commenter.
Others simply noted the potential issues that could arise from such a strategy.
“I did something similar to this and I’m no longer allowed to hold the money for the league,” wrote a user.
“A week 16 heavy favorite loss would be absolutely brutal,” added another.
For a few users, advice like this is the reason that they’re careful with their league.
“This is why I don’t pay till the end,” declared a further TikToker. “I’m good for it.”
BroBible reached out to Howard via email.
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San Diego Fantasy Football Commissioner Details What, Exactly, You Should Do To Manage League Funds
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