... hi, everyone. welcome to "on the money." i'm becky quick. fantasy sports, is it a game or gambling in the multibillion dollar industry that has a big target on its back. new year, time for a new job? how to pound the pavement in the digital era. the wharton professor who missed out on a big start up opportu opportuni opportunity. wing-enomics, for one business, it's their super bowl. "on the money" starts right now.

more than 160 million people around the word rare expected t watch the broncos and the panthers. but for some people, the outcome is not as important as their fantasy game. are fantasy games a sport or just gambling? draftkings and fanduel have spent more than $200 million on ads based for big payouts. a player tries to pick a winner for their team, a cash prize is awarded. nearly 57 million people in the united states and canada play fantasy sports, that's up nearly 90% since 2008. professional sports leagues and big companies have invested big time in the concept. but so have questions about legality and that spurred protests. most players lose money.

a study found that in the first half 20615, 91% of baseball daily fantasy player profits were won by just 1.3% of users. the attorneys general of six states have declared daily fantasy games a form of gambling or illegal under state laws. but investors like mark cuban say it is a game of skill. >> we know that fantasy sports and daily fantasy are not gambling. period, end of story. >> comcast and nbc universal, the parent company that produces this program own a stake in fanduel. are daily fantasy sports a game of skill or gambling? timothy fong is co-director of the ucla gambling studies program and rick horrow is a sports attorney and ceo of horrow sports ventures. is it a game of skill or gambling? >> a game of skill based on my

prior mystery. in the '60s, i would send draft picks to friends and we would play a forerunner to fantasy. 5% is the daily fantasy industry, the rest of the industry is fantasy on a seasonal basis that nobody questions and we'll see in the future most of this evolving into technology companies as opposed to media companies. fundamentally mark cuban is right. >> tim, why do you think daily fantasy sports is seen one way, season-long fantasy sports competition is seen a different way? what's the rub between those two? >> in my opinion, season-long fantasy sports is not gambling. it's a skill base because players are constantly making moves, changing. daily fantasy sports, in my opinion, is gambling. it is a game of chance. any event can happen that day that can alter the game, the outcome and become a single moment of time that determines the outcome, which lyis

essentially gambling. >> the attorneys generals have said it is not just fantasy sports, some say it is legal but needs to be regulated what do you say to those attorneys general? >> what i say is exactly that, it needs to be regulated. the bottom line is we're seeing evolution into a different kind of game. my point is this -- the games themselves are evolving. i've lost money on both. you know, don't judge it by that. by bottom line is that the game of skill is evolving. it really doesn't turn on whether it's one week or two weeks or a season. the companies that are prevailing are the ones that will figure out how to use the communal aspect of playing these games because every league has relationships and teams do with this kind of process. so, the issue is not to put your head in the sand and say it's all illegal. the question is how you regulate it, how you tax it, and how you

evolve it. >> i'm not sure where i come down on this. tim, let's talk about your expertise in gambling. some of the concerns that have come from people who look at this say wait a second, you can get addicted to something like this. what do you think about this with the potential for gambling addicti addiction? you have seen cases like that. >> there's definitely risk to develop addiction. some cases come to a clinic as well as our state treatment program for men and women who suffered harmful consequences because of daily fantasy sports or fantasy gambling. it's a new and emerging form of gambling. a potential for addictive behaviors. >> that enough to make it illegal to rick's point? >> it's not that it should be illegal, this is a form of gambling t should be regulated. at the very best it's entertainment. it can bring people together. what's important is that all forms of entertainment are

regulated to protect consumers and businesses and make sure we have an effective product that moves society forward. you mentioned all the major leagues have had some sort of relationship with these fantasy sports sites, though a lot of them have backed away since attorneys generals started making noise about this. where do you think that eventually shakes out? >> well, where it shakes out is regulation and clarification of where this is going. and more and more people understanding that fantasy as a communal activity, whether it's mobile or otherwise, is going to evolve. the attorneys general are right. they need to protect their interests. if it's taxation, if its evolution. again, the media companies have been driving this. let's understand in the future technology companies will emerge to take this to the next step. >> fair enough, rick, tim, thank you both for joining us. >> thank you. now here's a look at what's making news.

as we head into a new week on the money, a mixed employment report for january. the economy created 151,000 jobs, which was slightly below expectations, with strength in the retail sector. the unemployment rate fell to 4.9%, the lowest in eight years. if you didn't like what the market was doing this week, all you had do was wait a day. stocks were flat, falling or flying depending on when you looked. most of the week they moved as oil did. martin shkreli, the ceo of touring pharmaceuticals appeared at hearing this week. he managed to infuriate many representatives with the smirk on his face and silence. under mr. shkreli, the price of a drug was raised 5,000% to $750 per pill. later he tweeted it's hard to accept these imbeciles represent

the people in our government. if it's been a while since you bounded the pavement, there are some things you need to know before sending out your resume. sharon epperson is here now with some ideas on how to make the most of your job hunt. sharon what are some of the trends you're seeing out there in today's market, where are some of the highest areas for hiring? >> some general trends are low-skilled workers getting the trainer to get into higher skilled jobs. talked about increasing wages, that's another great sign for people. whether they're currently working in a company or if they know they're going to be hired at a higher level of pay. also we're seeing more diversity in terms of management. a lot more women in the managerial ranks and a lot more younger people, people under the age of 30. the career builder survey looked at the areas where industries are adding more workers than the average number, and those industries like financial services and healthcare and technology, that's where a lot of folks will be seeing added full time workers.

but the hottest areas within that, just because you're in financial services does not mean you have the job security, you want the specific areas that are the hottest, the career builders survey found those areas to be customer service, sales, production and looking at information technology, which is always a hot area. >> if i'm actively looking for a job right now, are there things i need to know about digital branding? things i should be doing in terms of social media sites? >> you need a linkedin profile. i teach a class at columbia, you can't graduate from the program without having linkedin profile. it's an important way to showcase your work, have your resume on there, a professional picture, all these things are things an employer will look at. you want that linkedin profile to be the first thing they see. >> once you land the interview r there things you need to make sure you do? >> you want to know about the company. do your research. know everything you can about the person interviewing you as

well as the company itself about the business unit that you're going to be a part of. talk to as many people as you can about that. do some -- we're journalists, do some research on what's happening, the news of the day. sometimes you might find out about changes in the daily paper that morning before you go into an interview. do your research there. also practice interviewing, practice with friends, practice with colleagues, do some interviewing skills. also have some critical questions. come in there with things that you want to know. you're interviewing them as much as they're interviewing you. you want to make sure this is the right fit. the interviewer's job is to make sure you fit in with the company. your job is to make sure that company fits in with your goals. sharon, great advice. nasa has the help wanted sign out. up next, how to land the ultimate new gig. mary thompson found out if she had the right stuff to become an astronaut. and warby parker is now valued at over $1 billion. we'll talk to a smart guy who made a big mistake and decided to write a book about it.

right now as we head to break, look at how the stock market ended the week.

innovation and new ideas, but to make change happen you need the people to get it done. adam grant is a professor of management and psychology at the wharton school of the university of pennsylvania. his new book is called "originals" how non-conformists move the world". we spoke to adam about what it means to be an original and his research may surprise you. >> they're not necessarily the crazy ones, right? you don't have to be a round peg in a square hole to be original. many originals hate taking risks. >> i think of somebody who

founds a company, i think they must have a huge risk tolerance. what defines somebody who looks at that and doesn't want to look at those risks. >> it looks risky from the outside, but in their minds it's risky not to act. they have big ideas, so what will happen if they don't get a shot. entrepreneurs who avoid risk who say i will keep my day job before i go all in, are 33% less likely to fail. >> that's counter to what people expect. you think you have to devote your heart, soul and mind to it. what is that? >> you think that, those are the heroic stories we hear. a lot of successful entrepreneurs say i want to have a backup plan. i want to buy myself the time do this right. look at phil knight, he started nike but spent seven years working as an accountant first. if he went in all the way, he would have felt a lot of pressure to say i have to get this product to market. >> people watching at home might watch and say how can i make myself more of someone like this or how can i help my kids to

develop some of these characteristics? what would you tell them? >> the first thing is generate more ideas. the data shows your first 15 ideas are less creative than the next 20. but most people never get to the next 20. they either get hooked on idea one -- >> i have to come up with 15 before i get a good one. >> sounds like a high bar, but in ten minutes, people are able to generate ten ideas before coming up with business before they're out of steam. but when they're nudged and say you have five more minutes, they come up with a few more. >> what makes you start thinking about these things, how did you test it and develop some of these theories? >> i got curious about this in part because i made a really bad decision on warby parker. we had warby parker on the show before. for people who don't know, these are the guys who sell glass yons line and started out with an online glasses business. they've been hugely successful. you knew these guys fairly well.

>> they're now a billion dollar company, they were named the most innovative company in the world by fast company. neil bloomenthal was in the first class i taught at wharton. i opted out of investing in the company. >> man. >> which was a little depressing. i was curious about why was i wrong about these guys. >> what can we take and apply to our personal lives? >> if you study creative architects and look at them versus their technically skilled bun unoriginal peers, some things that differentiated them growing up, their parents were much more likely to focus on values than rules. they said these are our guiding principles, but we want to give you out the freedom on how to live them. once they went against the grain, they were much more comfortable saying this is who i am, this is what i believe in. not listening to naysayers. >> sounds like the idea of teaching kids to think, not what to think. >> exactly. and i was also a little

surprised. there's some evidence suggesting that parental conflict helps to fuel creativity among kids. when your parents don't agree with each other, you have to think for yourself. >> that's a horrible lesson. i hate to hear that. >> i'm not saying you should be screaming at each other, but the idea you have to always be perfectly aligned, unified in every message you communicate to your kids -- >> you can still love each other. >> you can disagree. you want to teach your kids to challenge assumptions. >> i like that. adam, thank you very much. we appreciate your being here. >> thank you for having me. up next, we're "on the money." a different type of super bowl competition and one business that can't afford to just wing it. and later, mary thompson learns to fly among the stars what it takes to be an astronaut. four score and seven years ago, our fathers brought forth--

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the super bowl is fast approaching this weekend. and you know what that means, wings. for one small business in new york it's a really, really big day. kate rogers is here and has more. >> reporter: the competition will be fierce on the field and in the kitchen this super bowl 50 weekend. it's not just the teams that have something to prove. >> the one goal we're looking to break this year is our hourly volume to surpass 4,000. >> matthew likt is out to top last year's sales of 50,000

wings on super bowl sunday alone. all hands are on deck this hand. french his dad steve, co-owner to his wife, marissa who is eight months pregnant will be working. earlier in the week he had just $16,000 in pre-orders between these two stores on long island. this year americans are set to eat 1.3 billion chicken wings on super bowl weekend which is big business for fast, casual restaurants. last year national chain buffalo wild wings sold more than 11 million wing observe that weekend alone. >> the growth in the restaurant industry in franchising is across the board. >> reporter: the challenge for small businesses like licht's is ordering the right amount to keep unwith demand. they already have 4,000 pounds of wings in the cooler but had to learn the hard way a decade ago. >> the first year no one knew to expect. the day was crazy. people waiting hours, we had to cancel a lot of orders. it was the closest thing to an epic failure that you can think of.

>> wing zone took out an ad in the local paper to apologize to customers and sales jumped the next year. they continued to climb every year since. so licht is hoping his prep is paid off. >> besides putting his pregnant wife behind the counter, how is he planning on beating his goals? >> they plan on not taking breaks in orders. la he said they want to go nonstop the entire game day. >> the place will be hopping. >> absolutely. >> kate, thank you very much. >> thank you. up next, "on the money" a look at the news for the week ahead. and flying high what it takes to make it at nasa.

>> here are the stories coming up that may impact your money this week. this week we'll see earnings from coca-cola, disney and cisco. and your chipotle cravings will have to wait. on monday stores nationwide will be closed for a company-wide food safety meeting. on tuesday, ruesults from the nw hampshire primary. on wednesday, janet yellen will begin a two-day conference on the economy and interest rates. on friday, the strength of the consumer when retail sales numbers are release. you have until february 18th to apply for one of the coolest jobs in the world, or even out of this world. we are talking nasa. let's head to the johnson space center in houston, that's where help wanted sign is out and as mary thompson tells us, getting

picked may be the easy part. >> hey there, becky. nasa is right now accepting online applications for its 2016 astronaut candidate pool. of the thousands of applications it's expecting to vooreceive, n will choose 8 to 14 candidates and they need three years professional experience, degrees in science, math and engineering. once they're accepted they go through a two-year training program to hone their physical, mechanical and intellectual skills. so i asked nasa to put me through some of the paces. life in space is grueling. 16-hour workdays that include a mandatory two-hour workout. >> i'm supposed to run with this. >> reporter: on the ground astronaut candidates jog or in my case walk as they will in space, tethered to bungee cords. weightlifting for 45 minutes critical to maintaining bone density in space, especially in the lower half of the body. along with the physical, candidates learn the mechanical.

>> you got it. >> reporter: simulators like this training this oem to captu international cargo ships for the international space station. i'm getting ready for a virtual extra vehicular activity, better known as a spacewalk. >> reporter: this is done in a virtual reality lab where candidates prepare for six-hour spacewalks where handrails get them around the iss. all part of a two-year program to get astronauts ready for their time in space. some other training they'll do, underwater training, they have to learn a foreign language if they're assigned to the iss, they need to learn russian. and there's mission specific training that happens after the two-year training program, because, becky, keep in mind, they actually don't fly until about five to eight years after they first start here at nasa. back to you. >> mary, that was awesome. you rock. but after all that training what does an astronaut actually make?

>> this may give people pause. they earn between 66,000 and $140,000 a year. it depends on their experience. >> i hope you get picked. that's so cool. mary, thank you. >> i don't have that undergraduate degree. sure. >> that is the show for today. i'm becky quick. thank you very much for joining me. next week, if you and your valentine are planning on tying the knot, remember, it's not just the love, it's the money, too. we'll tell you what you need to know before you say "i do." each week keep it right here. we're "on the money." have a great one. i'll see you next weekend.

hey there, here's something positive. stocks are closed until monday. the guys will try to make sense of what happened today. as they're getting ready, here's what's coming up. >> every dog has his day. >> and that day may soon be coming to the oldest stock on the dow. we'll tell you how to profit. plus, looking for a safe place to hide in retail -- >> walmart has your back. >> you bet it does. we'll let you in on a little secret it could be on the verge of a massive breakout. and -- >> may the force be with you. >> oh, it is, han. because disney's expected to see a huge move on earnings next week. and we've got the trade that could make you out of this world profits. the action begins now.