Quote:
Originally Posted by Deeply Miserable
rick,
What is the hierarchy of DFS sites? Is this like a PS ~ FTP > random sites > weird ring fenced poker rooms attached to casino sites type of deal?
yes and very much so, I am a big fish in a very small pond
Fanduel (FD) and Draft Kings (DK) get probably 80%+ of the volume, those are the places where you can play for $10 and win 6 figures if you get first
after that it's a mix between fantasy draft and yahoo which are much smaller players and then a couple dozen others you probably don't want to deal with because just like in poker, the smaller sites aren't all that financially viable and can suddenly go bankrupt because their marketing spend outweighed the rake
for example, i only recently discovered phil galfond had launched a dfs site, it actually seemed pretty cool because it visualized the sweat or something which would in theory attract a lot of the people who make it sustainable, i don't know how it worked though because i only learned of it due to it's memorial thread when it shut down it's doors
FD and DK also have incredibly good deals for affiliates, which is why they grew so well because all the touts were so incentivized to steer traffic specifically to those two (it was like 20% of lifetime rake but they since changed it because their affiliate fees made them insolvent) and by now they are the big boys so the affiliates just keep promoting them because now they are the market
I chose Yahoo because they grandfathered me in via invites to freerolls via their traditional fantasy sports and loved their UI and at the time they had the lowest rake and regularly offer unraked contests - being able to get $48 in unraked h2hs each slate (where they give you a free win if it goes unmatched) is huge when you have a small bankroll
if you started today, i'd fantasy draft because they recently dropped rake entirely in exchange for membership fees and i've done the math, it's orders of magnitude lower, especially if you're a high volume player
in yahoo, the most you can win in a single gpp is a few thousand dollar because it's either a $1 gpp with 10-20k entrants or a $109 gpp with 20 entrants etc etc. In football and basketball, they have heavy 10 man group action but i avoid those because it's like the tables at Macau, 7+ of the same elite players in each one hoping the few randos who join (sometimes it's just 10 regs) will be terrible enough for it to be +EV, honestly, I just don't get it, maybe they are overconfident, maybe I suck at recognizing the dead money, but I just don't see why you'd want to join a 10 man group if 7 of the top 10 guys in DFS are playing in it and the other 3 are fairly competent as well - so you could feasibly play over five figures on a single football slate and possibly do it in basketball but the vast majority of the money will be in small contests of the same people
only sports i max reg and play every available contest are soccer and nhl, soccer runs about $200-$400 not including h2hs and >90% of that are in 6 man groups, nhl is about 1k and again, 90%+ is going to be allocated in 10 man and 6 man groups. There are only 3 other NHL accounts at Yahoo that I respect, one is like me and will be there every day in every contest and the other are a bit less predictable, if only 2 are in a contest i'm in for sure, if i see three of them i'll probably unreg because i'd rather play lower volume at lower variance
joined this right at lock because it seemed like it had a shot at overlay and despite having 4 of the top 10 best cash game players in the world, it's still an absurdly weak group overall - this isn't me firing shots, i respect everyone in that group, but i'm definitely glad 5 of them are there isn't of more of the usual suspects
https://sports.yahoo.com/dailyfantas...6713/104031689 fading both miller and robinson appears to have been a huge mistake
only reason why i haven't transitioned yet from Yahoo is that I'm kind of grandfathered in and as a h2h player that is crucial - it's probably no surprise to you but a huge part of h2h success is surviving the process where you earn your stripes and all the big boys have tested you and decided they don't want your action so you mostly get degen action instead - infamously, someone in Ryan Daut's syndicate noticed a high stakes reg who plays as "birdwings" didn't play on Yahoo and decided to use his name just to skip the trial by fire hoping people would assume it was the original birdwings and avoid him
this is another issue for me, I play as "adam" so i'm clearly not going to be able to get that name elsewhere... hence why i'm delaying my transition because it'll be such a pain to adapt the models to the fairly different structures and be forced to earn enough street credit where the guys who I'd be trading rake with finally stop taking my action and trading rake
often though of playing as "yahoo adam" or something like that but that sounds way too insecure and sycophantic for my own tastes
lately a lot of thoughts running through my mind have been on next steps
A. Be complacement and button mash existing model on yahoo for steady ROI
B. Expand models and get very aggressive with roll expanding/transitioning action over to fantasy draft
C. converting model to props and joining your ranks or die trying then live with my parents like George Constanza
haven't had time to do much other than mental exercises for B or C but loving this thread and happy you guys tolerate me derailing with dfs chatter to make myself feel relevant
Last edited by rickroll; 12-06-2019 at 09:15 AM.