DFS Industry Discussion Thread - Page 100 - Fantasy Sports -- Two Plus Two Poker Forums

DK seems a little screwed. Blows about 10 million a weekend on NFL advertising last year eating away all their profits and now they're on pace to lose several million in overlays in Week 1.

Might be the last millionaire maker guys

Quote:

Originally Posted by NDfan

Nope, back to $20 mil maker week 2

How was the overlay on DK this first weekend?

FanDuel?

I saw an amazing, rapid-close of a DK $3 GPP last night for MNF, 30k entires were placed within an hour and I think there was a 150-entry cap.

Quote

09-13-2016 , 01:56 PM

#2477

Lawnmower Man

Pooh-Bah

Join Date: Feb 2015 Posts: 4,457

Sunday Million closed just short of the guarantee at 79,876 * $25 = 1,996,900.

Quote

09-13-2016 , 05:08 PM

#2478

Lattimer

I is smart

Join Date: Feb 2009 Posts: 15,463

I know it varies a bit from contest to contest but what was the approx ITM score for DK 50/50s this week?

Quote

09-13-2016 , 05:13 PM

#2479

Caldarooni

Carpal \'Tunnel

Join Date: Nov 2004 Posts: 25,001

It varies a ton

Quote

09-13-2016 , 05:17 PM

#2480

Losing all

Carpal \'Tunnel

Join Date: Sep 2003 Posts: 7,087

Quote:

Originally Posted by Joe Tall

How was the overlay on DK this first weekend?

FanDuel?

Made me sick that I only play FD where there was very little, at least for the Thur and Sun main slates. OTOH I'm pretty sure I would have gone all in and I had a terrible weekend, so maybe I got lucky.

Quote

09-15-2016 , 04:07 PM

#2481

rakeme

Carpal \'Tunnel

Join Date: Dec 2011 Posts: 6,715

For those who won money last year:

How did you describe the income on line 21 of your 1040? I also had poker winnings, so my tax program just lumped the fantasy sports winnings together under "gambling winnings".

Also, does anyone know if we are supposed to pay state taxes on DFS? I ended up paying 3% state tax (PA) because the tax program listed it as gambling, but I'm curious if I would have still owed state taxes if I had listed it as some other kind of income.

Thanks.

Quote

09-15-2016 , 05:00 PM

#2482

falldown

veteran

Join Date: May 2012 Posts: 2,145

Quote:

Originally Posted by rakeme

I paid state and fed taxes. I think I did it as sort of a lottery win. I am not a "professional" fantasy type guy. Spend very little time on it, etc...

Quote

09-16-2016 , 08:31 PM

#2483

Onlydo2days

Carpal \'Tunnel

Join Date: Jun 2012 Posts: 19,295

Quote:

Originally Posted by DefNotRsigley

Week 1 overlays every year on DK. They always go pretty aggressive with week 1 and then re-size the GPP's going forward.

They might not be the 10 billion unicorn they were 12 months ago but overall they are fine. Lot of people wanna gamble on fantasy.

Quote

09-16-2016 , 09:09 PM

#2484

Onlydo2days

Carpal \'Tunnel

Join Date: Jun 2012 Posts: 19,295

This got a front page headline on ESPN

http://www.espn.com/chalk/story/_/id...ts-sources-say

Feels like ESPN knows the public likes anti-DFS stories or something.

Quote

09-16-2016 , 11:56 PM

#2485

wesrwood

temp-banned

Join Date: Feb 2007 Posts: 22,886

So I guess ESPN backed out of the deal to invest ?

Quote

09-17-2016 , 02:50 PM

#2486

CanadaPete

grinder

Join Date: Jul 2014 Posts: 525

Quote:

Originally Posted by Onlydo2days

This got a front page headline on ESPN

http://www.espn.com/chalk/story/_/id...ts-sources-say

Feels like ESPN knows the public likes anti-DFS stories or something.

ESPN feels the need to bash, misrepresent the industry for some reason...DK has paid overlays for pretty much every sport on opening day/night...then there are very few the rest of the season.

Real story is 16 percent rake and massively shrinking first prizes in their contests (mostly from paying our 25-30 percent of players.).

Dk likely still profited last week with head to heads and non guaranteed contests...if not they won't be hurting by the end of the season...

The big negative is that due to the scrutiny of the industry other new sites will not come along and have lower rake and large contests with overlays as was the case the last two years.

Quote

09-23-2016 , 03:06 PM

#2487

DonkOneMore

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 7,585

bumping since there's rumors of DK/FD merger going around today

Quote

09-23-2016 , 03:55 PM

#2488

wesrwood

temp-banned

Join Date: Feb 2007 Posts: 22,886

How fast would that even happen ?

Quote

09-23-2016 , 04:12 PM

#2489

JimHalpert

Howlpert

Join Date: Jan 2008 Posts: 50,746

what would happen to people in states that can play on dk but not on fd :\

Quote

09-23-2016 , 04:14 PM

#2490

wesrwood

temp-banned

Join Date: Feb 2007 Posts: 22,886

Quote:

Originally Posted by JimHalpert

what would happen to people in states that can play on dk but not on fd :\

Don't they have the same restricted list ?

Quote

09-23-2016 , 04:23 PM

#2491

JimHalpert

Howlpert

Join Date: Jan 2008 Posts: 50,746

Quote:

Originally Posted by wesrwood

Don't they have the same restricted list ?

I can play DK in texas but not FanDuel

Quote

09-23-2016 , 05:23 PM

#2492

rakeme

Carpal \'Tunnel

Join Date: Dec 2011 Posts: 6,715

Just a heads up for anyone who hasn't heard about the Yahoo data breach, you should all change your account password immediately. I'm not sure if yahoo email=yahoo fantasy login too, but it couldn't hurt to change it just to be safe.

http://www.cbsnews.com/news/yahoo-em...ential-crisis/

Yahoo has been struggling for years to keep people coming back to its digital services such as email. That challenge just got more daunting after hackers stole sensitive information from at least 500 million accounts.

Last edited by rakeme; 09-23-2016 at 05:34 PM.

Quote

09-23-2016 , 05:31 PM

#2493

DonkOneMore

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 7,585

http://rotoexperts.com/112033/draftk...edly-imminent/

Quote

09-24-2016 , 03:37 PM

#2494

Onlydo2days

Carpal \'Tunnel

Join Date: Jun 2012 Posts: 19,295

thanks for the headsup rakeme

Also a merger would suck. Hope that doesn't happen but feels inevitable.

Quote

09-26-2016 , 02:20 AM

#2495

Lawnmower Man

Pooh-Bah

Join Date: Feb 2015 Posts: 4,457

Quote:

Originally Posted by Lawnmower Man

So is Fanduel going to address the massive collusion problem or just ride it out to their death in the form of another NYT/ESPN article?

They chose death btw.

Quote

09-26-2016 , 03:31 PM

#2496

BillyPhelan

grinder

Join Date: Dec 2011 Posts: 630

Quote:

Originally Posted by Lawnmower Man

They chose death btw.

But first,ungabunga.

Quote

09-26-2016 , 04:04 PM

#2497

Garrincha67

grinder

Join Date: Sep 2015 Posts: 559

Quote:

Originally Posted by Lawnmower Man

They chose death btw.

Sense of Deja Vu all over again. Do they just not learn ? As they say fool me once shame on you, fool me twice shame on me. Without game integrity most sensible people will not touch their products with a barge pole.

Quote

09-28-2016 , 06:35 PM

#2498

wesrwood

temp-banned

Join Date: Feb 2007 Posts: 22,886

Draft kings is investigating papagates and chipotleaddict

Quote

09-28-2016 , 07:37 PM

#2499

Onlydo2days

Carpal \'Tunnel

Join Date: Jun 2012 Posts: 19,295

Quote:

Originally Posted by wesrwood

Draft kings is investigating papagates and chipotleaddict

What is there to even investigate?

My guess is they make them use 1 account going forward.

Man that stuff is a big grey area.

https://rotogrinders.com/threads/pap...#reply-1441468

Bad move by PapaGates there for playing dumb. They never have GPP overlap and always have same h2h.

Last edited by Onlydo2days; 09-28-2016 at 07:43 PM.