I don't really have an opinion on whether fantasy sports betting is based on skill or chance, but I don't think the distribution of the winnings indicates anything either way.
If you had a lottery where 100 people each bought a ticket and there were 17 winning tickets, then 17% of the players would collect 100% of the winnings. You could make the distribution of winnings whatever you wanted it to be by changing the number of winning tickets. No skill involved.
Do the same 17% win consistently over time? Because it sounds much more plausible that there’s more potential for overlap winners over time picking combinations of fantasy players, at least to me. I mean there’s probably folks out there that do absolutely no research and just pick their favourite players every time regardless.
freegards
On a one-time event, like your lottery, you would be correct. But this record is over 162 events in a baseball season and 17 events in an NFL season.
Would't you agree that a random distribution over 162 events would not result in 17% of the participants winning 90% of the money?
The only way that could happen is if those 17% were more skilled players. Or they were cheating -- and I don't see how you'd do that.