Open Side Menu Go to the Top
Register
DFS Industry Discussion Thread DFS Industry Discussion Thread

10-04-2015 , 07:36 PM
Quote:
Originally Posted by DefNotRsigley
By law theyre supposed to run all tournaments with guaranteed prize pools
What law are you referring to?

Quote:
We need some sort of alliance of players who can take our money to defend our rights. Dfs player alliance?
Your rights are determined by the T&C that you agreed to upon sign up.
DFS Industry Discussion Thread Quote
10-04-2015 , 07:37 PM
Quote:
Originally Posted by Wingpin
Federal regulation banning DFS is imminent.....no doubt about it.
There is a lot of doubt.

It took 9 years to get UIGEA to pass, and would not have made it through w/o the tragedy of 9/11/2001.

State by state opinions will lead, well before any sweeping Federal statute, imo.
DFS Industry Discussion Thread Quote
10-04-2015 , 08:04 PM
Quote:
Originally Posted by DefNotRsigley
Most sportsbook were huge scumbags because there was nothing you could do. This week we have a drsftkings employee who has full knowledge of everyones lineups getting 2nd in a fd tournament and now canceling hundreds of thousands of entry fees and making up with it with a freeroll.
what is their incentive to cancel a ton of action? seems like a big loss for them
DFS Industry Discussion Thread Quote
10-04-2015 , 09:15 PM
Quote:
Originally Posted by dkgojackets
what is their incentive to cancel a ton of action? seems like a big loss for them
I have no idea what happened but overlay could be saved.
DFS Industry Discussion Thread Quote
10-04-2015 , 09:31 PM
Quote:
Originally Posted by Joe Tall
Regulation can come in many forms, such as an agreement between all DFS through a unified organization like the FSTA or, conversely, sweeping federal laws that can outlaw activities.

The Online Horse Racing industry (the other exception in UIGEA, bigger than DFS in overall handle), is self-regulated and was before UIGEA (which helped them get the exception.)



Enjoy it while it lasts.
Given that the US has a long history of sector-specific self-regulation, this makes a ton of sense to me.
DFS Industry Discussion Thread Quote
10-04-2015 , 09:42 PM
Quote:
Originally Posted by Joe Tall
I have no idea what happened but overlay could be saved.
They posted the wrong start time and didn't lock the lineups so people switched to the winner of the first fight. He was a nobody and ended up being > 60% owned. They screwed up and we suffer.

But in the past I have forgotten about a start time or was too busy and I'm not able to back out of the action I booked - why can they?
DFS Industry Discussion Thread Quote
10-04-2015 , 09:59 PM
Quote:
Prizes will only be awarded if a Contest is run. We reserve the right to cancel Contests at any time. In the event of a cancellation, all entry fees will be refunded to the customer except as specifically provided in these Terms of Use.
Because you agreed that they could and that you couldn't, as sucky as that is.
DFS Industry Discussion Thread Quote
10-04-2015 , 11:32 PM
Quote:
Originally Posted by DefNotRsigley
They posted the wrong start time and didn't lock the lineups so people switched to the winner of the first fight. He was a nobody and ended up being > 60% owned. They screwed up and we suffer.

But in the past I have forgotten about a start time or was too busy and I'm not able to back out of the action I booked - why can they?

Quote:
Originally Posted by DefNotRsigley
By law theyre supposed to run all tournaments with guaranteed prize pools
Quote:
Originally Posted by Joe Tall
What law are you referring to?

Your rights are determined by the T&C that you agreed to upon sign up. Read here: https://www.draftkings.com/help/terms
DFS Industry Discussion Thread Quote
10-05-2015 , 12:14 AM
Quote:
Originally Posted by DefNotRsigley
They posted the wrong start time and didn't lock the lineups so people switched to the winner of the first fight. He was a nobody and ended up being > 60% owned. They screwed up and we suffer.

But in the past I have forgotten about a start time or was too busy and I'm not able to back out of the action I booked - why can they?
Yep, what would happen in Vegas if all the casinos did not stop accepting bets until a couple hours after kick-off? That doesn't happen because those are legitimate companies that have their act together, and anyone who would be foolish enough to mess up like that would rightfully be out of business overnight.

I want to love DFS but it is almost impossible to overcome the rake on an even playing field, and with all the scandals going on and favoritism towards top players it is almost impossible for the casual player. America would be be better off if this industry was outlawed tomorrow, the odds for the casual player may very well be worse than the lottery, which is saying something. It's too bad online poker was banned, at least their you had a fighting chance although less than 10% of players were winners there, that is far more than in DFS.
DFS Industry Discussion Thread Quote
10-05-2015 , 12:43 AM
Can't wait to lol at DKs response to the Ethan fiasco. If it's anything like what they've done before, it's going to be a ****ing joke. Took over a week to draft a response? Unacceptable.

Obviously decent discussion going on Reddit and rg but rg is highly modded and all rg mods are just putting fires out.

Things that are unknown and uber suspicious
1. Why are all the high stakes grinders and rake guys quiet on this. Not one has said anything bad about Ethan and a large majority are friends with him and know him. I get they don't want to, but it's an industry issue. If you are Max or others and have 100k+ in action every Sunday what's 1-2k to Ethan or another employee to get those numbers?

2. Why the delay in the response? It's as if DK is doing an internal investigation (which they should) but how deep does it go?

3. I don't care that employees play on other sites.. And that's something people are mad about, but you can't have access to certain info and play on other sites

Someone made a real interesting and good point, what if all percentages were updated when people put their lineups in so its a continually moving number and live number. Yes it would eliminate some edge, but would create some more game theory
DFS Industry Discussion Thread Quote
10-05-2015 , 12:43 AM
Oh and fatal error. 🙈
DFS Industry Discussion Thread Quote
10-05-2015 , 12:48 AM
Quote:
Originally Posted by DVaut1
Anyone have recommendations for podcast(s) that cover the DFS industry? Not really looking for picks, necessarily, but more industry related or keeping up with the news and what not. Kind of like what the Pokercast is for poker.
People listen and think Dan Back's From RG is the best but he will never bash or say a bad think about DK which really isn't fair but yolo when DK owns rg basically
DFS Industry Discussion Thread Quote
10-05-2015 , 12:57 AM
Quote:
Originally Posted by TasteIsKing9
Things that are unknown and uber suspicious
1. Why are all the high stakes grinders and rake guys quiet on this. Not one has said anything bad about Ethan and a large majority are friends with him and know him. I get they don't want to, but it's an industry issue. If you are Max or others and have 100k+ in action every Sunday what's 1-2k to Ethan or another employee to get those numbers?
Probably because the FanDuel Thursday numbers are public data.
Quote:
2. Why the delay in the response? It's as if DK is doing an internal investigation (which they should) but how deep does it go?
The delay in response is why it's a problem now. Stuff like this snowballs, you have to get in there right away and "rip the band-aid off", air it out, show some blood, and then let the wounds heal. The longer you leave it, the more the wound will fester.

Quote:

3. I don't care that employees play on other sites.. And that's something people are mad about, but you can't have access to certain info and play on other sites
Again, the FD Thursday data is public info.

Quote:
Someone made a real interesting and good point, what if all percentages were updated when people put their lineups in so its a continually moving number and live number. Yes it would eliminate some edge, but would create some more game theory
That's a different game, though, but I don't think it eliminates the issues of access entirely.
DFS Industry Discussion Thread Quote
10-05-2015 , 01:04 AM
I get the FD data is public and I think most do as people have just entered 1$ tournies to cover all bases to write those reports. Which again, the numbers will be close..

However my issue is with why does a customer service agent which Ethan is have these numbers. There is absolutely 0 reason for him to have them. 0.
Not to mention like you said, the wormhole we now go down after waiting for the response. Who else could have the numbers. You willing to bet someone hasn't leaked those to some high stakes players? I'll take the side that someone has at some point and more than likely count my money.

I think DFS needs a 3rd party regulation or someone to moderate situations like this because the sites clearly cannot.
Investors looking at DK cannot be happy with the past week of cancelling gpp contests which is a whole other worm hole and the leak
DFS Industry Discussion Thread Quote
10-05-2015 , 01:07 AM
In talking with other mid stakes grinders the most common concern is those numbers are seen by more than Ethan and more than likely given to certain players.
It's well known DK takes care of their players, especially high stakes ones. It used to be and still is a running joke about an underground vip program.
I used to mock it until I was given tickets to a Tigers suite by DK. It was awesome. But meeting a couple guys there that play full time and hearing the perks they get and random free stuff etc just always makes me wonder what else do people who pay 100k+ a week play. FWIW I have about 10k a week in play on average of not more.
DFS Industry Discussion Thread Quote
10-05-2015 , 01:12 AM
Quote:
Originally Posted by TasteIsKing9
People listen and think Dan Back's From RG is the best but he will never bash or say a bad think about DK which really isn't fair but yolo when DK owns rg basically
I definitely remember him heavily criticizing the DK ads last year for example. I think his opinions are usually reasonably fair.
DFS Industry Discussion Thread Quote
10-05-2015 , 02:10 AM
Quote:
Originally Posted by Joe Tall
Probably because the FanDuel Thursday numbers are public data.
I don't see why that matters. There have to be cases where the Thursday numbers vary significantly from the Sunday numbers for key players, so being able to see the difference would be wholly unjust.
DFS Industry Discussion Thread Quote
10-05-2015 , 06:41 AM
I don't like this nonsense one bit. DK should be ashamed, not for dirty dealings, but for being so incompetent. This thing is so far from pot ripper that Sarah Palin can't even see it from her house. yet that's exactly how it's playing out on twitter, and that miserable ****ing cesspool that is RG.
DFS Industry Discussion Thread Quote
10-05-2015 , 09:49 AM
if anything the last page itt has made me wanna transfer over to dk and up my action lol.
DFS Industry Discussion Thread Quote
10-05-2015 , 10:36 AM
FWIW, as per today's industry report from SuperLobby (full disclosure: I was involved in compiling it), yesterday was the first time this NFL season that both DK and FD posted a profit on GPPs on the same day. DK paid out $0.92 and FD paid out $0.91 in prizes for every $1 they received in entries.

Too soon to extrapolate too much, but there is certainly a suggestion that the carpetbombing approach to ads is working.

As an aside, I have been considering making a weekly industry podcast OBO SuperLobby, that covers this sort of discussion. Perhaps having a rotating cast of guests from within and outwith the industry. However, it will obviously only get the green light from the bosses if there is a demand for it. What do people think - is it something worth doing?
DFS Industry Discussion Thread Quote
10-05-2015 , 11:03 AM
From the pro pot,assisted suicide,illegal immigration,late term abortion give away as much of the taxpayers money to as many special interests as possible NYT Editorial board.

http://www.nytimes.com/2015/10/05/op...ml?ref=opinion

Comments were closed.Nannies gonna nanny.And by the way the way the NYT is the bible for liberal DEMOCRATS.
DFS Industry Discussion Thread Quote
10-05-2015 , 11:39 AM
FD and DK release joint response to the Ethan situation:

Quote:
Nothing is more important to DraftKings and FanDuel than the integrity of the games we offer to our customers. Both companies have strong policies in place to ensure that employees do not misuse any information at their disposal and strictly limit access to company data to only those employees who require it to do their jobs. Employees with access to this data are rigorously monitored by internal fraud control teams, and we have no evidence that anyone has misused it.

However, we continue to review our internal controls to ensure they are as strong as they can be. We also plan to work with the entire fantasy sports industry on this specific issue so that fans everywhere can continue to enjoy and trust the games they love.
DFS Industry Discussion Thread Quote
10-05-2015 , 12:08 PM
Quote:
Originally Posted by Priptonite
FD and DK release joint response to the Ethan situation:
DK http://playbook.draftkings.com/uncat...atement-10515/

FD: https://newsroom.fanduel.com/2015/10...our-employees/
DFS Industry Discussion Thread Quote
10-05-2015 , 12:38 PM
two competing companies issuing a joint response seems pretty bizarre to me. anyone else? and ofc they didnt actually address anything. i feel like this whole thing has somehow gotten even shadier.
DFS Industry Discussion Thread Quote
10-05-2015 , 04:16 PM
They say everything by saying nothing at all.

Nothing to see here folks.. Moving on. Here's another promo code
DFS Industry Discussion Thread Quote

      
m