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DFS Industry Discussion Thread DFS Industry Discussion Thread

01-06-2016 , 10:44 AM
Quote:
Originally Posted by Pokeraddict
Betfair has a variety of dbas that accept OTB action in racing states. The most common one is TVG.
Thanks. Your point was correct and underscores the sort of political pull that makes one form of gambling legal while another is illegal at the State level. "Racing States have both long-standing political influence from the industry offering betting and federal hands-off laws.

With respect to DFS, the political muscle for its proponents has been federal, I believe, rather than State-level and, if it's "sports-betting", a hostile federal policy. Also, DFS has no "jobs" argument to make.

Gambling policy at the State level is going to be driven by different forces for DFS than for racing, casino, or other industries. Look at NJ for example, where DFS was declared "NOT gambling" not too long ago v. today where its fate may rest on the Third Circuit decision on sportsbetting.

Order popcorn, it maybe a long movie.
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01-06-2016 , 11:17 AM
The New York Times is at it again.

http://www.nytimes.com/2016/01/06/ma...=top-news&_r=0

He's off base about poker but pretty spot on about scripting.
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01-06-2016 , 11:28 AM
Sitting around poker table last night, and guys are talking about DFS losses and NYAG lawsuit. One guy had 3k in losses another had 1800 or so. Then someone brought up the idea of suing FD or DK individually under the same statutes, specifically GBL 349 and 350, that the NYAG did but doing it in a smaller NYC Civil Court or Long Island District Court.

That could be a real PITA for them if even 50 people did that.
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01-06-2016 , 11:39 AM
Quote:
Originally Posted by CohibaBehike
Sitting around poker table last night, and guys are talking about DFS losses and NYAG lawsuit. One guy had 3k in losses another had 1800 or so. Then someone brought up the idea of suing FD or DK individually under the same statutes, specifically GBL 349 and 350, that the NYAG did but doing it in a smaller NYC Civil Court or Long Island District Court.

That could be a real PITA for them if even 50 people did that.
I thought multiple people with essentially the same type of claim is the stuff that class-action suits are made of. How was the Borgata phony-chip scandal handled?
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01-06-2016 , 12:00 PM
Quote:
Originally Posted by CohibaBehike
Sitting around poker table last night, and guys are talking about DFS losses and NYAG lawsuit. One guy had 3k in losses another had 1800 or so. Then someone brought up the idea of suing FD or DK individually under the same statutes, specifically GBL 349 and 350, that the NYAG did but doing it in a smaller NYC Civil Court or Long Island District Court.

That could be a real PITA for them if even 50 people did that.
Sue them for what? I was mislead by an ad but I kept on playing until I racked up 3k in losses. Fool me once shame on you,fool me by a silly ad until I'm down thousand$,shame on my cry baby dishonorable ass.I'm not dissing your friends and their hypothetical suit but what is the statute of limitations on being ''mislead'' a week,a month,a year? You work for a law firm,is it worth their while to pursue a case for treble damages on 3k?
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01-06-2016 , 12:08 PM
I have no idea if that type of lawsuit would be valid, though I couldn't imagine an attorney touching it unless they could file a class-action suit and sign up at least a few hundred customers.
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01-06-2016 , 12:11 PM
Quote:
Originally Posted by BillyPhelan
The New York Times is at it again.

http://www.nytimes.com/2016/01/06/ma...=top-news&_r=0

He's off base about poker but pretty spot on about scripting.
The biggest takeaway from this article is rotoql. if you haven't lost enough to maxdalury yet, just signup for his site, rotoql, and use the same tools he uses to mop up.
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01-06-2016 , 12:44 PM
Rotoql is ****ty currently.

Article is pretty spot on about everything.
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01-06-2016 , 01:21 PM
Quote:
Originally Posted by Chippa58
I thought multiple people with essentially the same type of claim is the stuff that class-action suits are made of.
It is, but no one can force an individual to become a part of a class.

Quote:
Originally Posted by BillyPhelan
Sue them for what? I was mislead by an ad but I kept on playing until I racked up 3k in losses. Fool me once shame on you,fool me by a silly ad until I'm down thousand$,shame on my cry baby dishonorable ass.I'm not dissing your friends and their hypothetical suit but what is the statute of limitations on being ''mislead'' a week,a month,a year? You work for a law firm,is it worth their while to pursue a case for treble damages on 3k?
Sue them for violating the same laws that the NYAG is. A person could literally just copy and paste the relevant parts the attorney general's complaint and then write the facts to their own case.

The statute of limitations on these claims is 3 years.

Also, the idea is to DIY and not hire a lawyer. You could sue Fan Duel in a small local court for say 3,000 and the idea is they would settle it rather than hire white shoe firms that charge $760 an hour to defend a $3,000 claim in a Court those firms likely have never even seen before.

Quote:
Originally Posted by nyc999
I have no idea if that type of lawsuit would be valid, though I couldn't imagine an attorney touching it unless they could file a class-action suit and sign up at least a few hundred customers.
To file a claim that small, you wouldn't need an attorney. Plus there are different levels of attorneys not every one of them makes six figures or more, there are guys who make 40k a year and live pay check to pay check. I probably could find 10 lawyers right out of law school with crushing debt and no job prospects to file this lawsuit and just mimic the same arguments the NYAG makes; in the hopes of making a $600 contingency fee.
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01-06-2016 , 01:58 PM
Quote:
Originally Posted by CohibaBehike



Sue them for violating the same laws that the NYAG is. A person could literally just copy and paste the relevant parts the attorney general's complaint and then write the facts to their own case.

The statute of limitations on these claims is 3 years.

Also, the idea is to DIY and not hire a lawyer. You could sue Fan Duel in a small local court for say 3,000 and the idea is they would settle it rather than hire white shoe firms that charge $760 an hour to defend a $3,000 claim in a Court those firms likely have never even seen before.
I just think proving loss or ''injury'' will be very difficult,especially if you continued playing for a significant amount of time or redeposited.
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01-06-2016 , 02:08 PM
Quote:
Originally Posted by BillyPhelan
The New York Times is at it again.

http://www.nytimes.com/2016/01/06/ma...=top-news&_r=0

He's off base about poker but pretty spot on about scripting.
It's a good article, but I wish we could get more coverage on GPPs especially single entry or very limited entry GPPs.

These are the types of contests that eliminate a lot of the edge from the pros. (not all, just a lot, especially in very top heavy contests)
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01-06-2016 , 02:19 PM
Quote:
Originally Posted by falldown
It's a good article, but I wish we could get more coverage on GPPs especially single entry or very limited entry GPPs.

These are the types of contests that eliminate a lot of the edge from the pros. (not all, just a lot, especially in very top heavy contests)
You mean like this?

Massive multi-entry GPPs: The math and myths behind daily fantasy’s top attraction. by Ed Miller
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01-06-2016 , 02:34 PM
Quote:
Originally Posted by BillyPhelan
I just think proving loss or ''injury'' will be very difficult,especially if you continued playing for a significant amount of time or redeposited.
You're basically assuming this would go to Court, which is a huge assumption.

Would there be proof issues? Maybe. But even if this did go to Court, how hard do you think it would be for a consumer to successfully argue they were defrauded by FanDuel in that they misrepresented the legal status of DFS? If the consumer could show that DFS is in fact illegal under NY law (which they don't even have to, they could just copy the argument from the NYAG lawsuit), that is a classic GBL 349 fraud case with all elements satisfied.

In my paralegal, non-lawyer opinion, I think if FD or DK made the highly unlikely choice to litigate against a single customer, the customer stands a decent shot at winning.

Also in my paralegal, non-lawyer opinion, the individual consumer would be offered a settlement, execute general releases and a non-disclosure agreement.
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01-06-2016 , 02:50 PM
Quote:
Originally Posted by falldown
It's a good article, but I wish we could get more coverage on GPPs especially single entry or very limited entry GPPs.

These are the types of contests that eliminate a lot of the edge from the pros. (not all, just a lot, especially in very top heavy contests)
Better article than there other ones. But it need not be so negative...the guy who wrote played every week so he must like the product. You can offer some reasonable reforms instead of saying the games should not exist.

As for scripting and winning players the truth is these guys were creative enough to develop this stuff on their own...anyone could have....and scripting will only help you in a sport like nba or mlb with late news....it really has not that much bearing on NFL...but it's also not the reason these guys win...good player picks whether human or computer aided is what wins...
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01-06-2016 , 02:59 PM
My workplace internet deems that adult material. I will check it out later, thanks for the link.
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01-06-2016 , 03:04 PM
Quote:
Originally Posted by falldown
It's a good article, but I wish we could get more coverage on GPPs especially single entry or very limited entry GPPs.

These are the types of contests that eliminate a lot of the edge from the pros. (not all, just a lot, especially in very top heavy contests)
They don't fit the NYT anti DFS agenda.
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01-06-2016 , 03:26 PM
I dont't play 50/50s.The author said the sharks are mass entering 50/50s.Are they entering the same lu's or different ones? I don't see an advantage unless you count the prize multiplication of a mass entered single lu.A single lu would strictly be skill based and shotgunning multi lu's for a 50/50 payout doesn't make sense to me.
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01-06-2016 , 03:29 PM
Most 50/50s and double ups are single entry. There are some multi entry double ups (typically the really big ones with 1000+ entries) but they should be clearly labeled.
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01-06-2016 , 03:32 PM
The "sharks" are obviously not multi-entering 50/50's as it is not possible to do so. Perhaps when their PR person told him to enter a 50/50 he should have actually entered a 50/50 and not a double up.
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01-06-2016 , 03:51 PM
I'm referring to this.

There were 3,638 total entries in the 50-50 that day. Roughly two-thirds of these came from players who entered multiple lineups. Here is a small selection of those players and the number of lineups they entered:

Maxdalury, generally considered the top player in the world: 100 lineups.

Birdwings, the No. 2-rated player on the RotoGrinders rankings: 22 lineups.

rayofhope, the screen name for Cory Albertson, a former poker pro, widely regarded as one of the best: 40 lineups.

Kobe4MVP, the screen name for Eytan Jankowitz, also one of the best players in the world: 100 lineups.


Youdacao, the No. 6 player on the RotoGrinders rankings: 100 lineups.

Notorious, a regular contributor to the Rotogrinders site and the No. 24 player on their rankings: 40 lineups.

Dinkpiece, my nemesis from the last two times: five lineups
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01-06-2016 , 04:06 PM
So can I factor in lawsuit freeroll equity into my lineups?
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01-06-2016 , 05:09 PM
Quote:
Originally Posted by CohibaBehike
Sitting around poker table last night, and guys are talking about DFS losses and NYAG lawsuit. One guy had 3k in losses another had 1800 or so. Then someone brought up the idea of suing FD or DK individually under the same statutes, specifically GBL 349 and 350, that the NYAG did but doing it in a smaller NYC Civil Court or Long Island District Court.

That could be a real PITA for them if even 50 people did that.
How would the courts handle this? Would they sum individual wins+losses?
Or are only games that the user "lost" being counted?
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01-06-2016 , 05:30 PM
I mean doing it the second way could potentially have someone who turned a profit trying to claim they have suffered damages, that would probably be a reach.
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01-10-2016 , 11:37 AM
Any significance to this?

https://iapps.courts.state.ny.us/fbe...==&system=prod

DK is also extended.
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01-10-2016 , 12:47 PM
Quote:
Originally Posted by DuckSauce

Article is pretty spot on about everything.

that's what I thought, though admittedly I've been watching the DFS saga unfold from the sidelines.

my homie g123 called all of this (the bumhunting, mostly. the scripting was so obvious it didn't need to be brought up) in 2014. when the guy that was at the top of every monthly leaderboard at draftstreet decides to start cleaning up his programming resume, you should probably listen.

nfl player props still beatable. only for a single digit roi (for me at least) unlike several years ago, but I only put in 3-4 hours per week. *shrug*
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