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

10-07-2015 , 10:35 AM
Quote:
Originally Posted by SA16
2% of the people winning most of the money seems high to me honestly and not low. Way less than 2% of the players are pros/regs and there's of random rec players. But I mean why is that surprising? That's what I'd expect from most skill games with huge player pools that require work to win in.
As if 2% of people who play DFS are pulling any decent money. I agree with SA16.

1 in 50? More like 1 in 500.
DFS Industry Discussion Thread Quote
10-07-2015 , 10:57 AM
i made $39,107 from MLB this year with minimal effort

mostly because of previous models from sports betting, but i didn't really do too much. still not that hard to make $$ there
DFS Industry Discussion Thread Quote
10-07-2015 , 11:00 AM
Quote:
Originally Posted by DefNotRsigley
i made $39,107 from MLB this year with minimal effort

mostly because of previous models from sports betting, but i didn't really do too much. still not that hard to make $$ there

Playing H2H, 50/50s, or Gpp? What was your biggest score?
DFS Industry Discussion Thread Quote
10-07-2015 , 11:01 AM
http://www.bloomberg.com/news/articl...ntasy-football

Interesting read.

Sent from my LG-D415 using 2+2 Forums
DFS Industry Discussion Thread Quote
10-07-2015 , 11:02 AM
Quote:
Originally Posted by Namath12
Can someone link me to the source of the claim that the top 1-2% win all the money in DFS? I'm not necessarily doubting it, it's just that I've seen it posted here by several regs and the claim afaik is totally unsourced.

The article I read a few weeks back claimed something along the lines of "the top 10% of players win 90% of the money" which sounds different than the top 1-2% winning virtually all of it.
http://www.sportsbusinessdaily.com/J...sy-Sports.aspx
DFS Industry Discussion Thread Quote
10-07-2015 , 11:03 AM
all of the above

biggest cash was only 3k a couple times. i only won 2 tournaments - a smaller grand slam for $1500 and a smaller monster for $3000

i just played cash $109 and below on DK and FD. and tournaments up to $25 and occasionally the $300 depending on lineup

most profits came from DK cash. FD was ~1.2% ROI on cash, little higher on double ups/50-50s/tournaments

was negative on DK tournament. everything else was positive.

i usually used only one lineup except DK Tournament where i tried to enter like 30 lineups to each tournament and just never cashed anything meaningful
DFS Industry Discussion Thread Quote
10-07-2015 , 11:04 AM
Quote:
Originally Posted by Namath12
Can someone link me to the source of the claim that the top 1-2% win all the money in DFS? I'm not necessarily doubting it, it's just that I've seen it posted here by several regs and the claim afaik is totally unsourced.

The article I read a few weeks back claimed something along the lines of "the top 10% of players win 90% of the money" which sounds different than the top 1-2% winning virtually all of it.
Here is the study.


http://www.sportsbusinessdaily.com/J...sy-Sports.aspx

http://calvinayre.com/2015/09/04/bus...-bulk-profits/
DFS Industry Discussion Thread Quote
10-07-2015 , 11:07 AM
Quote:
Originally Posted by DefNotRsigley
all of the above

biggest cash was only 3k a couple times. i only won 2 tournaments - a smaller grand slam for $1500 and a smaller monster for $3000

i just played cash $109 and below on DK and FD. and tournaments up to $25 and occasionally the $300 depending on lineup

most profits came from DK cash. FD was ~1.2% ROI on cash, little higher on double ups/50-50s/tournaments

was negative on DK tournament

Would you say guys like maxdulary gain a big edge by spreading $3,000 worth of action in a 12k? (MLB)

Is that edge just as important as being good at player selection? Obviously you have to be good.

Is it good for the ecosystem that this is allowed?
DFS Industry Discussion Thread Quote
10-07-2015 , 11:26 AM
Thanks for the linkage
DFS Industry Discussion Thread Quote
10-07-2015 , 02:02 PM
I'm freaking out atm. Feel like this could be borderline black Friday bad and unrecoverable.
DFS Industry Discussion Thread Quote
10-07-2015 , 02:45 PM
Is anyone having problems with deposits or withdrawals?

I have a good sum of money on these sites and think I want to just cash out to Paypal and deposit what I want to play with on Sundays.
DFS Industry Discussion Thread Quote
10-07-2015 , 04:04 PM
What has been your issue? I've had zero problems.
DFS Industry Discussion Thread Quote
10-07-2015 , 04:06 PM
No no, to clarify I haven't had any issues at all.

I just didn't want to withdrawal everything if it was taking longer than expected to deposit or something.
DFS Industry Discussion Thread Quote
10-07-2015 , 04:06 PM
I do agree it's prudent to take money off though. I'm a small stakes rec player and have 2.2k between both big sites. I'm definitely taking it off and just depositing when I want to plays contests instead. Don't need my money locked up if the worst happens.
DFS Industry Discussion Thread Quote
10-07-2015 , 04:24 PM
Quote:
Originally Posted by DuckSauce
I'm freaking out atm. Feel like this could be borderline black Friday bad and unrecoverable.
You could move across the pond and play as you wish. DFS is pool betting and why get into all these much mess by pretending otherwise. Doubt most will touch Draft King's tainted product when it launch's in the UK. These platform's words and actions are not trustworthy, just another Ponzi Scheme.
DFS Industry Discussion Thread Quote
10-07-2015 , 04:35 PM
Quote:
Originally Posted by Garrincha67
You could move across the pond and play as you wish. DFS is pool betting and why get into all these much mess by pretending otherwise. Doubt most will touch Draft King's tainted product when it launch's in the UK. These platform's words and actions are not trustworthy, just another Ponzi Scheme.
It sounds like you might not understand the industry as well as you think you do.
DFS Industry Discussion Thread Quote
10-07-2015 , 05:07 PM
I actually think DFS is fun and preferable in many ways to sports betting but I suspect Garrincha is accidentally correct in that DFS is a hard-sell in European countries where actual, legal sports betting is free and easy. DFS is the recipient of fortune circumstances in the US, capturing pent-up demand to gamble on sports. I wouldn't predict it would do as well in Europe where you can instead just make straight-forward bets on the game, or props.

For instance, I like DFS PGA on DK but I mean I'd rather just make 6 outrights on who I think will win or finish in the top 20 than muck around with a salary cap and try to guess ownership percentages or whatever in big field PGA GPPs.
DFS Industry Discussion Thread Quote
10-07-2015 , 05:25 PM
There is no chance of money being seized like illegal offshore poker sites were. I have a big problem with what happened but I'm not worried about that at all.
DFS Industry Discussion Thread Quote
10-07-2015 , 05:27 PM
The fact that all the payment processing is completely above board versus online poker post UIGEA pre Black Friday (e.g., that one bank that straight-up fraudulently processed poker payments as golf equipment or whatever) is a qualitatively huge difference. No doubt about it. The subterfuge payment processing of the online poker sites is the kind of **** that sends off the Bat Signal over the DOJ and was begging for hard-line prosecution and total asset seizures. Wouldn't be the same for DFS.
DFS Industry Discussion Thread Quote
10-07-2015 , 05:31 PM
FD CEO Nigel Eccles post on RG on expanded legal sports betting across the US a little over a year ago:

The only other state with legal sports betting is Nevada. It is about average on our list of states by propensity.
So I don’t think this will have much impact on the growth of DFS in New Jersey.

https://rotogrinders.com/threads/how...1#reply-364567

Looking for this I stumbled across his answer to my DFS Black Friday question in his AMA:

On the Black Friday question, that’s completely in the hands of the operators like ourselves. If we run our businesses in an open and transparent manner, treat our players fairly, successfully self-regulate, keep out bad actors, work with the leagues, pay our taxes and educate legislators then the chances of that are zero.

https://rotogrinders.com/threads/my-...2#reply-382953
DFS Industry Discussion Thread Quote
10-07-2015 , 05:31 PM
Quote:
Originally Posted by Wooders0n
There is no chance of money being seized like illegal offshore poker sites were. I have a big problem with what happened but I'm not worried about that at all.
Agreed. Fanduel just hired a former US Attorney General to conduct a review of company policies and a former Manhattan US Attorney to lead the new internal advisory board. DK seems to be lagging behind or keeping their legal and internal situation closer to the vest, but if they attack it head on like this I think we end up with lots of internal changes for the better and some regulation that affects players, but is healthier for the industry even though it might hurt a few of us individually.
DFS Industry Discussion Thread Quote
10-07-2015 , 05:53 PM
Quote:
Originally Posted by bosoxx05
Yeah that's basically what I was telling my wife. Was just curious what others thought, don't have a huge significant amount on there but if I do hit for a score I'll definitely be cashing out a bit while before today I probably would've just re-invested
Everyone, this is not online poker.

Differences:

1. These are US companies.
2. There is a law making what they do is legal.
3. They have major financial backing from: Comcast, Major League Baseball, The National Basketball Association, Fox Sports, Bob Kraft Group (NE Patriots), Jerry Jones (Dallas Cowboys), and more.

Huge differences here.
DFS Industry Discussion Thread Quote
10-07-2015 , 05:58 PM
Quote:
Originally Posted by Joe Tall
Everyone, this is not online poker.

Differences:

1. These are US companies.
2. There is a law making what they do is legal.
3. They have major financial backing from: Comcast, Major League Baseball, The National Basketball Association, Fox Sports, Bob Kraft Group (NE Patriots), Jerry Jones (Dallas Cowboys), and more.

Huge differences here.
Also, yahoo is a legitimate company even if you think the core business sucks. Its not like the government is just gonna say to someone like that that they are seizing all the funds they have and not giving it back to people who are also American citizens.
DFS Industry Discussion Thread Quote
10-07-2015 , 05:59 PM
WTF- just posted in RG megathread:

https://rotogrinders.com/threads/dra...50584?page=159
DFS Industry Discussion Thread Quote

      
m