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DFS Industry Discussion Thread DFS Industry Discussion Thread

10-08-2016 , 02:29 PM
Quote:
Originally Posted by CanadaPete
Really annoying the direction draftkings is going with their payouts in the 3s...30k prize pool and 1k to first?? As a casual losing player as little appeal to me as I play for fun and the lottery ticket aspect...seems they are going this direction with a lot of their contests.


Yeah the payouts are brutal, almost every tournament is 10% for first or less. It also makes me not want to play them.


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10-08-2016 , 07:05 PM
And the lineup sharing continues. In Mma hopefully DraftKings puts an end to this
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10-08-2016 , 11:56 PM
Quote:
Originally Posted by sirluckbox
Yeah the payouts are brutal, almost every tournament is 10% for first or less. It also makes me not want to play them.


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There's people that want more money going to first? Surprising.
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10-09-2016 , 12:51 AM
Quote:
Originally Posted by ballin4life
There's people that want more money going to first? Surprising.
Well check out the mlb playoff moonshot. 20k prize pool 800 to first that's a joke if you ask me...I think there theory is pay more spots and break everyone slowly...but honestly I like dfs but I can't play a contest like that as a rec player the bigger buy ins are slightly better but gets expensive if your a break even/ losing player.
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10-09-2016 , 01:08 AM
Payouts used to be way too top heavy, glad to hear they are going in the other direction.
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10-10-2016 , 08:59 AM
flat payouts are better for a low volume rec player. in top heavy tournaments with massive variance you have to play a ton of volume to realize your equity.

what I hate is putting in a top 1% lineup and making like 5x my money

Last edited by dkgojackets; 10-10-2016 at 09:06 AM.
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10-10-2016 , 09:10 AM
I am also on board with flatter payouts.
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10-10-2016 , 09:51 AM
Quote:
Originally Posted by dkgojackets
flat payouts are better for a low volume rec player. in top heavy tournaments with massive variance you have to play a ton of volume to realize your equity.

what I hate is putting in a top 1% lineup and making like 5x my money
Why would a low rec player want to play a ton of volume to realize their equity fast? Pretty sure they would prefer high payouts to hopefully get a bit luckier and end up as a winner from their one big score.
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10-10-2016 , 09:57 AM
just seems that getting insanely lucky to hit a huge first place score is so much more unlikely than getting slightly lucky for a top .5 percent score which have higher payouts this way

i dunno maybe people do prefer the one shot lottery ticket instead of a better chance to keep playing and get more lottery tickets for a somewhat lesser amount
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10-10-2016 , 11:04 AM
I got lucky and hit a decent GPP last year, but the stress of having a 60% pay drop between first and second waiting for Monday night to end was crazy.

If it was like 20% drops, I would have enjoyed it more. (unless of course I am results oriented and wanted winner take all that particular tournament)
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10-10-2016 , 11:17 AM
I'm a rec player and don't want flatter payouts. Why? Because I don't play all the time. I just play a few entries here and there and think of them like lotto tickets that may add a little excitement to watching the games. I want more variance, because I'm never going to put in enough volume to win anything significant just by cashing more often or having a better ROI. I'd rather just have a shot at hitting something large. It's the regulars who want flatter payouts, so that variance is decreased. For example, when I used to play alot of poker, I preferred flatter payouts to reduce some of the variance. However, the flatter payouts don't really help the fish. Sure, they may lose money a little slower, but they are never getting a huge boost by winning a very large amount.

I agree the pay jumps could be reduced a little, but the payouts need to be large at top to attract fish like me in my opinion.
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10-10-2016 , 07:03 PM
Quote:
Originally Posted by mavsfan4ever
I'm a rec player and don't want flatter payouts. Why? Because I don't play all the time. I just play a few entries here and there and think of them like lotto tickets that may add a little excitement to watching the games. I want more variance, because I'm never going to put in enough volume to win anything significant just by cashing more often or having a better ROI. I'd rather just have a shot at hitting something large. It's the regulars who want flatter payouts, so that variance is decreased. For example, when I used to play alot of poker, I preferred flatter payouts to reduce some of the variance. However, the flatter payouts don't really help the fish. Sure, they may lose money a little slower, but they are never getting a huge boost by winning a very large amount.

I agree the pay jumps could be reduced a little, but the payouts need to be large at top to attract fish like me in my opinion.
Well, a big part of the dropoff in the first place payouts is because dk started paying out nearly 30 percent of players.

I think their thinking is that the more people who have money in their account the more likely it will eventually be raked...what they are missing in their analysis is that people like me are going to quit.

Sad truth is dk is trying to create a game that's close to impossible to beat on the theory that leveling the playing field will keep people in the game longer.

Paying 30 percent of spots and raking 16 percent is a total joke.

Agree playing a 3 dollar tourney with 20k entries and 800 for first has zero appeal to me.

Last edited by CanadaPete; 10-10-2016 at 07:13 PM.
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10-10-2016 , 09:32 PM
the amount of spots paid has nothing to do with games being beatable. The only thing that matters is the rake. People play 50/50's where 50% of people are paid and it's not a big deal if rake is fine.
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10-10-2016 , 10:01 PM
Prefer flatter payout myself. Going exremely top heavy is silly, might as well buy a lottery ticket. With flatter payout one can still get good ROI finishing in top ten or top 20 positions. Paying the top finisisher 50k and then dropping to 5k for second place is mad.

Regarding rake it does not matter the payout structure. At 15% rake any game become unbeatable and the only winner is the house. 8% to 9% rake should have been the norm by now if they did not spend insane amount of money on TV adverts that attracted regulators and the ensuing legal battles & fees.

So fine playing DK or FD for a chance of hitting dirt in a big payout. But if one finds smaller sites with lower rake, it is a no brainer to play heavy volume there. Rake at 15% is plain fleecing and not long term sustainable for all players.
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10-11-2016 , 01:15 AM
I prefer flatter, I never get that #1 spot in GPP's.
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10-11-2016 , 01:37 PM
Well people don't realize the distorting effects of paying 30 percent of spots.
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10-11-2016 , 02:24 PM
Quote:
Originally Posted by CanadaPete
Well people don't realize the distorting effects of paying 30 percent of spots.
Did DK move all GPPs to 30%? (I'm in NV, cannot see!)
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10-11-2016 , 03:05 PM
Quote:
Originally Posted by Joe Tall
Did DK move all GPPs to 30%? (I'm in NV, cannot see!)


Some gpps are different
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10-11-2016 , 09:14 PM
Quote:
Originally Posted by Onlydo2days
I prefer flatter, I never get that #1 spot in GPP's.
Well I would not necessarily mind a payout structure where the .5 percent made decent money...but what they did in the early mlb playoffs was completely wrong. A 3 dollar contest with 20k entries that paid 800 to first. Even though the top payouts don't decline as much I would assume 10th is about 100 dollars at most?

Unless you are doing one lineup and the 3 dollars means something to you can't see how this has much appeal to a rec player.

Personally I enjoyed play about 5 3 dollar contests in nba and one 27 but will completely stop playing the 3s for sure and consider not playing at all.
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10-13-2016 , 01:32 AM
I think the mlb moonshot tomorrow actually has a decent payout structure. Would be better if it paid out 20% but seems like a decent top 10.
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10-13-2016 , 02:26 AM
Quote:
Originally Posted by YeahYou
I think the mlb moonshot tomorrow actually has a decent payout structure. Would be better if it paid out 20% but seems like a decent top 10.
Yeh they made it a bit better than it was. Hopefully nba payouts are ok or I just won't play this year.

They still cut the top prizes dramatically from a year ago. Feel their goal is to just create lots of small winners so you keep playing and the eventually rake 99 percent of plsyers full deposits.
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10-13-2016 , 12:23 PM
Apparently they are eliminating late swap in NBA.

Anyone else heard anything ?
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10-13-2016 , 12:24 PM
The beginning of the end? Just got that email from DraftKings essentially killing late swap for basketball. IF I WANTED TO PLAY ON CRAPPY FANDUEL, I'D PLAY ON CRAPPY FANDUEL. So dumb. I bet this is the first signal of their eventual merger to FanDuel.
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10-13-2016 , 12:24 PM
I didn't get the email but Eddyb sent it to me.

I agree totally swag
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10-13-2016 , 12:27 PM
Quote:
Originally Posted by Joe Tall
Did DK move all GPPs to 30%? (I'm in NV, cannot see!)
I think it's just for the preseason to get casuals hooked? I can't imagine they'd abide these super-flat payouts once the NBA regular season gets underway and hope for the same amount of volume from regs and pros with that rake. $1K up top for a $60K prize pool? Please.
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