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10-15-2015 , 06:19 AM
Quote:
Originally Posted by BadlyBeaten
"Congress in 2006 prohibited financial companies from transferring money to online gambling sites and several were shut down. But so-called games of skill were exempted."

It takes skill to succeed as a bookie, doesn't it?

"Win $1 million this Sunday playing fantasy football!"

Sounds just like a game of skill, huh?
idk why ppl are bringing this up again and again ... the exception for fantasy sports was made because back then it was a casual fun thing (like all the march madness brackets which are basically illegal but widely accepted in society).
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10-15-2015 , 06:49 AM
I think it's laughable that people think these daily sites were born out of thin air by venture capitalists....fanduel has been around a long time and it started small and grew large because people actually play it....it would be impossible for the big players to win if rec players were not interested in it...

Huge players have invested in these companies they are not fools. Bob Kraft, jerry jones, nbc are invested in these companies. Meanwhile the people on this forum are sitting in their parents basements commenting on topics we know nothing about.

Oh and the most predatory people in this country are the big casinos themselves...they make big money off table games where the house edge is completely known.

Last edited by CanadaPete; 10-15-2015 at 07:04 AM.
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10-15-2015 , 07:20 AM
Quote:
Originally Posted by CanadaPete
I think it's laughable that people think these daily sites were born out of thin air by venture capitalists....fanduel has been around a long time and it started small and grew large because people actually play it....it would be impossible for the big players to win if rec players were not interested in it...

Huge players have invested in these companies they are not fools. Bob Kraft, jerry jones, nbc are invested in these companies. Meanwhile the people on this forum are sitting in their parents basements commenting on topics we know nothing about.

Oh and the most predatory people in this country are the big casinos themselves...they make big money off table games where the house edge is completely known.
You sound worried that this month's shill-check won't clear.
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10-15-2015 , 08:21 AM
Quote:
Originally Posted by limon
a little edit: let the pros/insiders open as many accounts and enter as many teams as humanly possible creating a bubble of unsustainable volume so the VCs can flip these falling knives to the bigger fool.

unless, the "bigger fool" is a steve wynn type and at some point catches these messes with his casino license/political ties and converts to actual sportsbetting state by state (sound familiar?) which is what everyone really wants. Once the DFS adds reach maximum saturation and they lose velocity this bubble will pop. mountains of lobbying money is gonna be spent to allow casino sportsbetting to keep them afloat.

Almost no rec player wants this fantasy shyt. Its a tiny niche similar to prop betting without the prohibitions and carve outs. There is no market where REAL sportsbetting is allowed world wide where anyone gives a f--k about DFS.

It violates the basic nature of sports. People dont care much about players, they care about teams. Sports serve only a social/tribal role, they are utterly pointless otherwise. So much of this stuff I was writing months ago (VCs, multi-accounting, security, social gaming) and now I see media outlets coming around. Its pretty easy to figure out if you understand gamblers and gambling. Fantasy sports succeeded as a SOCIAL GAME not an anonymous gamble.

Many in these threads are wannabes/nuthuggers or shills thats why they dont/wont see it, if you really sit with gamblers every day for decades you know why the public really plays.

Stop settling for this weak ass, unregulated money grab DFS stuff like a bitch, boycott! force the bubble to pop so the power brokers can help us get what we really want. Full sportsbook betting on demand. period.
Great points. People love to gamble especially legally. Fantasy being legal is bringing out people in droves. Shows that the USA public is gambling starved and that lottery tickets are the tip of the iceberg. Just legalize and tax gaming along with poker instead of having people bet with bookies and shady overseas operators. People are going to find ways to gamble at least use tax monies for domestic needs instead of letting that money evaporate and go into pockets of organized crime in the USA or in the pockets overseas operators.

I disagree that its harder to beat a sportsbook then a fantasy opponent. Fantasy opponents have scrips (fish finders) and prey on the millions of noobs and unsuspecting that are saturating the nets(in heads up scenarios) of fl brought in by the never ending commercials cluelessly throwing away their money to sharks. Fantasy sports are incredibly more harder to beat and millions are dead money even before these big contests without even knowing it. People are sending in their hard earned money to fantasy betting without having a clue of just how little chance they have of winning. Way more likely to win regular sports betting if they picked a team to win in the nfl straight up then against a skilled hu opponent in fantasy for instance.

Last edited by ZeckoRiver; 10-15-2015 at 08:35 AM.
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10-15-2015 , 10:14 AM
I think the interactive nature of DFS is attractive to many players especially to younger people who carry a smart phone or tablet like an extra limb.Picking your own players and lineups by what ever method you use is more interesting then just betting and forgetting,and it's a hell of a lot cheaper.You can have a whole weekends worth of action playing $1,$2,$3 gpps for $50 or so.Do you think a street bookmaker wants your $3 bets....nah.Do low stakes players want to go through the hassle of joining an off shore site to play $5 parlay cards? idk.The vig on parlays and parlay cards is 20% or more on the steet.No bargains there.
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10-15-2015 , 10:23 AM
Betting 20 to win a million will always be more attractive then betting 20 to win 19.
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10-15-2015 , 11:03 AM
Quote:
Originally Posted by ZeckoRiver
Great points. People love to gamble especially legally. Fantasy being legal is bringing out people in droves. Shows that the USA public is gambling starved and that lottery tickets are the tip of the iceberg. Just legalize and tax gaming along with poker instead of having people bet with bookies and shady overseas operators. People are going to find ways to gamble at least use tax monies for domestic needs instead of letting that money evaporate and go into pockets of organized crime in the USA or in the pockets overseas operators.

I disagree that its harder to beat a sportsbook then a fantasy opponent. Fantasy opponents have scrips (fish finders) and prey on the millions of noobs and unsuspecting that are saturating the nets(in heads up scenarios) of fl brought in by the never ending commercials cluelessly throwing away their money to sharks. Fantasy sports are incredibly more harder to beat and millions are dead money even before these big contests without even knowing it. People are sending in their hard earned money to fantasy betting without having a clue of just how little chance they have of winning. Way more likely to win regular sports betting if they picked a team to win in the nfl straight up then against a skilled hu opponent in fantasy for instance.
The majority of casual players are playing big field tournaments. Maybe 20 percent of the field is sharp...but the luck factor is huge in these. So it's a better deal to pay 12 percent rake to play these than to bet a game against an always sharp like. Playing heads up vs. a sharp opponent is a bad deal but you can avoid that. The big field tournaments have had the most appeal to the mass market.
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10-15-2015 , 11:24 AM
Quote:
Originally Posted by Natamus
Honestly, the only thing I've taken away from this thread (besides a very thoughtful response to my post by Limon) is that BadlyBeaten is the most annoying lawyer/internet lawyer I have come across in a long, long time. Either he has a broken lawyers brain or he is board at the office because case work is slow and he is on an epic troll in this thread.
If I'd gotten to the end of the thread without someone saying that it would have been the opening sentence in any post I made.
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10-15-2015 , 11:36 AM
OK which one of your NVGers is John Weaver?

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10-15-2015 , 11:58 AM
Quote:
Originally Posted by Joe Tall
Hi Abe,



Besides the bombastic tone, I basically agree, although the current DFS model does not even fool the "bigger fools".



This is starting to change. The millennials are interested in the players. The players are made into cartoon super heros (note 90mil views):


They are also interested in the social aspects of "My player is better than your player." They are the "me, now, own, fast, mobile" generation. These things fit the DFS model and thus seeing these successes beyond the legal exception. In addition to the established season long fantasy market, that has gone from full-nerd-hiding-in-the-corner to "I know this $hit, watch me now", we now have a massive education going fantasy sports to a generation that doesn't know wtf LAD -220 means (sad, but true).

Hope all is well,
Joe
yo joe, what you're describing/pointing to is the social gaming experience fantasy has always been. Like most, Ive played in a league(s) with the same 10 guys for a decade we have a traveling trophy and lots of betting. this doesnt resemble DFS at all. DFS is anonymous gambling layered on a social gaming platform, it doesnt fit without the carve-out. People who want anonymous betting will find a slot machine and people who want social gaming will just bet more with their "bros". Its why DFS type promotions have never caught on with the betting shops in europe even though fantasy soccer is huge. It lacks any social aspect and players lose too fast.

a billion dollars is bet on golf every month in 4somes across the world, no one is betting golf props. The people arent "betting on golf" and they dont want to "bet on golf". they want a social gaming experience with their friends.

if you give me a carve out i can make anything look popular. give me a license to spread online draw poker games only in all jurisdictions across america. Ill raise 100million in an instant and youll have the worlds biggest poker room everyone playing draw poker variants within 18 months. idiots will come on forums and say stupid **** like "zomg! everyone loves draw poker, look at all the ads and the investors!". no one will really want it, but theyll settle for it, for a while...

Last edited by limon; 10-15-2015 at 12:03 PM.
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10-15-2015 , 12:44 PM
Quote:
Originally Posted by Joe Tall
Hi Abe,
Besides the bombastic tone, I basically agree, although the current DFS model does not even fool the "bigger fools".

This is starting to change. The millennials are interested in the players. The players are made into cartoon super heros (note 90mil views):



And they want to become "their" players (118mil views):

Come on now. Fans have always _loved_ individual superstars. But in general, no one really gives a crap about Le'Veon Bell unless they're a Steeler's fan or they have him in their lineup (or against). They are literally just picking people who they think will help them win and that's it. They don't care about the actual person. When Arian Foster got injured in 2011 it wasn't "Oh I hope he's OK" it was more, "Crap! He was my first rounder"

Quote:
They are also interested in the social aspects of "My player is better than your player." They are the "me, now, own, fast, mobile" generation. These things fit the DFS model and thus seeing these successes beyond the legal exception. In addition to the established season long fantasy market, that has gone from full-nerd-hiding-in-the-corner to "I know this $hit, watch me now", we now have a massive education going fantasy sports to a generation that doesn't know wtf LAD -220 means (sad, but true).
No one cares for the social aspect of picking actual players. They care about the social aspect of either playing their friends or their peers, or whatever makes them the most money. It's not because they want to become Le'Veon Bell.

DFS definitely has gotten more people interested but its not because they love individual players. It's because it's the only (legal) way for them to get excited about a game from betting.

I mean given this scenario: DFS is deemed completely legal, within the bounds of the UIGEA, but at the same time, sports betting is also ruled legal. How fast would all these Fantasy sites switch over to sports betting? No one really cares about "Fantasy" as a format, or about the individual players but if that's the only way for someone to gamble that's what they'll do.
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10-15-2015 , 02:08 PM
I'm a fishy DFS player. I stopped sports betting and only play DFS instead. I don't enjoy sports betting near as much, even parlay cards. It's because when you play DFS and can literally watch every play especially in a zero sum DFS game like baseball, you are always getting excitement. I could put up $20 to win $15,000 on a parlay card and i still wouldn't be that interested in seeing a random pitcher record a strikeout, even if it was in one of my games. Whereas, in DFS I can get much more "gamble" for my money and still have a chance to turn $20 into $15,000 or 100 times that. Just my two cents, but I might be the minority who can actually take the time to watch every game. Maybe your average Joe would rather just bet and not watch.
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10-15-2015 , 02:28 PM
So Limon and sauce are telling us we really don't like DFS we're just playing it because it's there and of course those cool frat boy commercials.Who knew!
Thanks for reminding me I'm just just a mindless drone in the DFS collective incapable of independent thought or decision making.JC! I live in an area where street bookmakers thrive.I can and do bet sports with a very simple transaction.No credit cards,internet or Costa Rican connections needed.But I still enjoy DFS and will continue to play it until the govt. f**ks it up.But I just speak for myself not the millions of other DFS'ers I'll leave that to you guys.
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10-15-2015 , 02:47 PM
most of the above are sort of moot points

writing is on the wall. In current form, DFS' days are numbered.

So if your retirement plan includes you winning a 1M weekend, better load up those entries.

Call Ethan if you want some pro tips.

Last edited by PTLou; 10-15-2015 at 02:54 PM.
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10-15-2015 , 03:35 PM
Quote:
Originally Posted by APokerJoker2
I'm a fishy DFS player. I stopped sports betting and only play DFS instead. I don't enjoy sports betting near as much, even parlay cards. It's because when you play DFS and can literally watch every play especially in a zero sum DFS game like baseball, you are always getting excitement. I could put up $20 to win $15,000 on a parlay card and i still wouldn't be that interested in seeing a random pitcher record a strikeout, even if it was in one of my games. Whereas, in DFS I can get much more "gamble" for my money and still have a chance to turn $20 into $15,000 or 100 times that. Just my two cents, but I might be the minority who can actually take the time to watch every game. Maybe your average Joe would rather just bet and not watch.
This.It's completely changed the tv experience.Before DFS I hadn't watched a non playoff NHL or NBA game in years,now I watch all the time.This is why the leagues approve, eyeballs bring in the billion$.
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10-15-2015 , 07:18 PM
Quote:
Originally Posted by BadlyBeaten
Because if no one has access to lineups pre-lock, no one knows if they existed pre-lock. It's just a basic law of physics that cannot be avoided under any circumstance.

If no one validates it or records it pre-lock, it can be added or changed post-lock or during the lock. The intervention of software, or even encryption, doesn't eliminate that problem. Even running a hash total on every lineup, REQUIRES ACCESS.

And it was obvious from your stupid come-back that you don't appreciate my posts. THAT DOESN'T INVALIDATE THEM!!!!!!!!
just catching up on this thread and I've decided that this post is my favourite.

IT'S JUST A BASIC LAW OF PHYSICS is a phrase I now intend to use in everyday arguments.
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10-15-2015 , 07:48 PM
Quote:
Originally Posted by BillyPhelan
So Limon and sauce are telling us we really don't like DFS we're just playing it because it's there and of course those cool frat boy commercials.Who knew!
Thanks for reminding me I'm just just a mindless drone in the DFS collective incapable of independent thought or decision making.JC! I live in an area where street bookmakers thrive.I can and do bet sports with a very simple transaction.No credit cards,internet or Costa Rican connections needed.But I still enjoy DFS and will continue to play it until the govt. f**ks it up.But I just speak for myself not the millions of other DFS'ers I'll leave that to you guys.
1. No one gives a **** about the individual players, which was the main point I was refuting. Unless you're one of the big stars of the league, people aren't really playing fantasy because they _really_ like player X. They are doing it for the sole purpose of winning their games.

2. No one gives a **** about the "fantasy" format, they just want to bet on something. You enjoy DFS? Cool. No problem. Most people wouldn't bother with it if it wasn't the only way to bet money on sports. It doesn't apply to you _but_ then again you are living in the 3% of the US population that can gamble. There's the other 97% who can't do anything else besides DFS. Take away the $ aspect of DFS and there's very few reasons to play DFS (pride maybe?). DFS is just a symptom of most people's desire to gamble.

Again that part of my post was to emphasize that Americans want to gamble, but they couldn't care less what they bet on, or how they bet it, but they have no choice in the matter anyways. But if given a choice (IMO. Don't want you to think I speak for _everyone_!) the more popular format would probably just be variations of Team A beating Team B.
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10-15-2015 , 07:53 PM
Nevada Regulators Rule Daily Fantasy Is Gambling, Order Sites To Shut Down In State

http://deadspin.com/nevada-rules-dai...-to-1736830297

The Nevada Gaming Control Board offered perhaps the most significant rebuke of daily fantasy sports operators today in a month full of them, finding that daily fantasy sports constitutes gambling. The Gaming Control Board wrote that because daily fantasy sports involves “wagering on the collective performance of individuals participating in sporting events,” daily fantasy sites must obtain licensing from the Nevada Gaming Commission to continue operating.

This presents a problem for DraftKings, FanDuel, and other daily fantasy operators. If they wanted to keep their games open to Nevada’s nearly three million residents, they could surely jump through the necessary hoops to secure regulatory approval. But doing so would admit that daily fantasy is gambling, a distinction daily fantasy operators are desperate to avoid. Therefore, Nevada will become the 12th state in which at least one of the major daily fantasy websites are banned.
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10-15-2015 , 07:57 PM
Quote:
Originally Posted by strongsauce
1. No one gives a **** about the individual players, which was the main point I was refuting. Unless you're one of the big stars of the league, people aren't really playing fantasy because they _really_ like player X. They are doing it for the sole purpose of winning their games.

2. No one gives a **** about the "fantasy" format, they just want to bet on something. You enjoy DFS? Cool. No problem. Most people wouldn't bother with it if it wasn't the only way to bet money on sports. It doesn't apply to you _but_ then again you are living in the 3% of the US population that can gamble. There's the other 97% who can't do anything else besides DFS. Take away the $ aspect of DFS and there's very few reasons to play DFS (pride maybe?). DFS is just a symptom of most people's desire to gamble.

Again that part of my post was to emphasize that Americans want to gamble, but they couldn't care less what they bet on, or how they bet it, but they have no choice in the matter anyways. But if given a choice (IMO. Don't want you to think I speak for _everyone_!) the more popular format would probably just be variations of Team A beating Team B.
This is pure bull since fantasty leagues with starting rosters have been popular for years before money was involved.
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10-15-2015 , 08:00 PM
Nevada taking a moral stand against online gambling, sans irony.

It must be so infuriating to live in the US. You guys have my sympathy.
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10-15-2015 , 08:08 PM
Quote:
Originally Posted by LostOstrich
Nevada taking a moral stand against online gambling, sans irony.

It must be so infuriating to live in the US. You guys have my sympathy.
Has nothing to do with morality. Everything to do with regulation and taxation. NV wants their cut.
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10-15-2015 , 09:16 PM
Quote:
Originally Posted by strongsauce
1. No one gives a **** about the individual players, which was the main point I was refuting. Unless you're one of the big stars of the league, people aren't really playing fantasy because they _really_ like player X. They are doing it for the sole purpose of winning their games.

2. No one gives a **** about the "fantasy" format, they just want to bet on something. You enjoy DFS? Cool. No problem. Most people wouldn't bother with it if it wasn't the only way to bet money on sports. It doesn't apply to you _but_ then again you are living in the 3% of the US population that can gamble. There's the other 97% who can't do anything else besides DFS. Take away the $ aspect of DFS and there's very few reasons to play DFS (pride maybe?). DFS is just a symptom of most people's desire to gamble.

Again that part of my post was to emphasize that Americans want to gamble, but they couldn't care less what they bet on, or how they bet it, but they have no choice in the matter anyways. But if given a choice (IMO. Don't want you to think I speak for _everyone_!) the more popular format would probably just be variations of Team A beating Team B.

You don't speak for everyone,but you know what everyone does and doesn't give a **** about...........ok.I don't get your point of 3% and 97% is 97% of the country Utah.Take away the money aspect and poker,horse racing the NFL tv contracts all disappear WSOP 2016 with no prize pool can't wait,wtf.50 yrs.ago, besides Vegas horse racing was the only legal gambling in the US.Now most of the country has some form of legal gambling on a multitude of games.Why? Tax revenue of course,but also people like new and different things,they're all not just waiting around to bet New England -6 1/2 in the Super Bowl.
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10-16-2015 , 02:25 PM
So what about Nevada residents who are currently in a contest? Thurs/Fri MLB or Thurs NFL. Can they still win in those contests?
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10-16-2015 , 02:38 PM
Quote:
Originally Posted by APokerJoker2
So what about Nevada residents who are currently in a contest? Thurs/Fri MLB or Thurs NFL. Can they still win in those contests?
If it is an active contest it will complete and payout. If not active it is refunded. See email below.

Quote:
You are receiving this notice because your account lists Nevada as your state of residence.

Yesterday the Nevada Gaming Control Board made a determination that Daily Fantasy Sports is subject to the Nevada Gaming Control Act, and that all daily fantasy sports operators must cease operations in the State of Nevada immediately. While we disagree with this decision, and take the view that DFS is a game of skill, we respect the authority of the NGCB and will comply with their instructions.

If you object to DraftKings not being able to operate in Nevada, please join the debate by signing this petition (click here). Only by working together can Nevada residents again join the millions of other Americans who enjoy DFS on a regular basis.

In the meantime, we will be considering all options available for us to return to Nevada.

For now, we ask that you please withdraw any funds in your account. Your funds are safe, and have always been safe as we keep them in a segregated player account which is never comingled with our operating funds.

Starting today, you and other Nevada Residents will no longer be able to participate in our fantasy sports contests. If your account has withdrawable funds, your account will only retain login and withdrawal capabilities on DraftKings. If you change your residence in the future, please contact our customer support team with proof of address and we will consider re-opening your account.

All DFS contest entries that have not yet started have been refunded to your account, and prizes will be converted to their dollar value. All entries that are active will payout normally once the contests finish and can be withdrawn at that time. Once you have withdrawn all available account balances, your account access will be closed. Please make sure you withdraw your entire available balance as soon as possible.

We appreciate your loyalty to DraftKings. THANK YOU for supporting us with your interest, enthusiasm for sports and DFS play. While we disagree with the NGCB decision, we will work diligently to ensure Nevadans again have the right to play on DraftKings again soon.


Thank you,
DraftKings Team
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10-16-2015 , 09:45 PM
Quote:
Originally Posted by LostOstrich
Nevada taking a moral stand against online gambling, sans irony.

It must be so infuriating to live in the US. You guys have my sympathy.
Indeed. Thank god we can buy as many lottery tickets as we want.
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