http:// http://mobile.nytimes.com/20....facebook.com/

Seems to be people using inside information from what they learn in the Draft Kings and Fan Duel companies they work for on other sites and cleaning up.

I'm yet to fully read and form and opinion just sharing the ny times article.

With loss of tv ad time now this, cant be good times ahead

R*R edit:

There is a good discussion of this issue also going on in Fantasy Sports:

Cliffs :
Draft Kings and Fan Duel discussion also in the Fantasy Sports forum.

Seems the link I posted doesn't work should be http://www.nytimes.com/2015/10/06/sp...vals.html?_r=0

Thank you to mods for re-opening thread on basis that it is a large story. As they have pointed out there is a Fantasy Sports sub forum on 2+2 for general DFS stories or news. There has also been some discussion of this in said sub forum. http://forumserver.twoplustwo.com/15...neups-1564062/

I'd be surprised if anything Pokerstars has to do with isn't a scam!

"There are no allegations -- or evidence -- that the DraftKings employee used information about the percentage of players who drafted certain players in last week's contest to finish in second place in the NFL Sunday Million contest run by FanDuel. The contest, which cost $25 to enter, featured $5 million in cash winnings, including $1 million to the winner."

Thread got of to a great start.

The guy who won the 350k (plus a heap of other scores) released insider information on his facebook page right?

The same guy used this information to win the $500k+ that is known winnings so far.

Is that not proof?

("The data that DraftKings acknowledged was released by its employee, Ethan Haskell, showed which particular players were most used in all lineups submitted to the site’s Millionaire Maker contests. Usually, that data is not released until the lineups for all games are finalized. Getting it early, however, is of great advantage in making tactical decisions, especially when an entrant’s opponents do not have the information at all.)

Sigh - read this thread if you want accurate info.: http://forumserver.twoplustwo.com/15...neups-1564062/

Negative media attention working towards heavy regulation/taxation, 'Unregulated' is the key take away from that article.

Surely you can't be serious? I would liken what happened to insider trading.

It's definitely shady.

only tree huggers and vegans need accurate information ... this is NVG, we like our beer cool, our music loud and our information vague

NVG, NVG, NVG !!!!!!!!!!!!!!

Seems like the advantage attained from inside info like this is very difficult to negate, and as such will always make DFS unfair to players who don't have it. The only way I see to negate it would be to make it public and let everyone adjust to it.

There is a known protocol which allows you to post your line-ups face down so to speak (or actually any information) and then once the deadline arrives reveal it. This can easily be handled by your local client automatically. This is basic cryptography so they know they can make it happen if they wanted. I suspect the reason for not implementing it is that they don't want it.

Really? In what way? Are you saying that someone who selects stocks based upon a database of the day's previous orders should be arrested and tried in criminal court?

Granted this person used information that was not available to the general public, but the information was information ABOUT the general public, not information connected to the events that are used to determine a winner.

How does knowing someone else's opinion give you an advantage over that person in forming an accurate opinion? If you overhear someone say "I think it will rain tomorrow," do you now have an advantage over that person?

It seems clear to me that the person used information obtained in the course of his employment for his own benefit. This is similar to a sales person who negotiates with a buyer on behalf of one seller, and then uses the information thus obtained to sell to that buyer for his own account. I.e. something similar to breach of a fiduciary duty.

Forgive any possible ignorance but does this 100% mean the site can't see this information. I would think no but I could be wrong. It's not like it can be locked into the client then released at the time of close. What if you're not connected to the internet or internet is down or a multitude of other problems

What's the connection to poker?

a lot of 'murican players have to grind the DFS b/c poker is bad ... also DFS is a big topic in the gambling/poker world

Don't play poker. Poker is bad. Mmmmmkay?

If you overheard/accessed a weather betting expert's private information that he thinks it will rain 1.2 inches tomorrow, you see that 20% of the bettors picked 1.2 inches, 10% picked 1.1 inches, 30% picked 1.0 inches, etc.

Then yes you'd absolutely have an advantage over that person by betting on 1.1 assuming 1.2 wasn't >2x more likely than 1.1


Access to complete raw data and player owned %'s before games start would give someone a gigantic edge, as well as access to experts selections would. Quibble all you want about the definition of insider trading but the possible implications of this situation is pretty damn serious.

It is absolutely absurd that employees let alone bettors have access to this information.

You answered the question precisely. Stock traders use databases available to everyone else. In dfs its a huge advantage to see everyones picks especially the top winners and be able to make minor tweeks in the last minute. Someone spends hours and hours doing research and analysis and you can copy off them while others cant. How is this not insider trading? Its like copying off someones exam etc etc. Do you think the pools would be diluted if contestants where able to see lineups like employees just before the start?

What's your major issue with having it in NVG aswell? It allows for greater visibility on what many think is an important topic. It also directs people to the fantasy sports forum that many people including myself did not even know existed til today meaning not many people would have seen this topic. A hell of a lot more people will now know to go there in the future.

You seem t be pretty worked up about this. Posting an objection both here and the moderation thread. It's not like the goal here is to fill NVG with DFS threads, quite the opposite actually. Why don't you want people to see this?

I barely know anything about DFS or this scandal other than one article I read about the leaked data but that was enough for me to realize almost everything you said in this post is wrong.

Read more, post less.

Um, I already explained QUITE CLEARLY how it isn't insider trading. The information obtained is not information connected to the events that determine the winner. It may be THEFT, but it isn't like insider trading. If I have race day information about a horse's physical condition that no one else has, that's completely different from hacking the computer of The Daily Racing Form.

Do you actually believe it is possible to become an expert in how many interceptions Peyton Manning will throw in his next game? Do you also believe it's possible to become an expert at predicting the river card at hold'em?

Maybe it's not insider trading cause they don't have inside information on the company (or event in this case) however they do know essentially better than anyone else that there is a variation in worth (lets call it stock price).

I agree it's a bad analogy but I can see where he is coming from and either way what has gone on is still pretty shady, is that in question?

Arguing who is using the right analogies really isn't serving any purpose is it?

Ty for bolding and capitalizing makes your point of view much easier to follow and makes what you are saying more true. Insider trading means having information not available to anyone else. An employee having that information and being able to use it to profit makes it that much more shady as well as creating an unlevel playing field which is what has people up in arms.

Draft kings response to all this is insufficient and did nothing to alleviate its player base that they are getting a fair deal, shot at winning as anyone else and needs to be addressed.