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  • bcoop
    replied
    From what I've heard, all the poker players moved in to this when they took down the online gambling sites. Meaning, they're running calculation programs, etc. If you look at the payouts, it's mostly the same group of people winning.


    I've held off trying it out. I was going to do it this season, but with the info mentioned above, I'm likely out.

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  • Silverback
    replied
    consider 90~% of the payouts go to 11~% of the player base

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  • Cobraman
    replied
    I love me some fan duel.

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  • Unicorn Jeff
    replied
    Oh I knew this shit was going to happen eventually. They better start lining the congresses pockets with money and better start transferring there funds over seas LOL.

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  • slow99
    replied
    It's been deemed as "skill-based". I heard something about it also being tied to the fact that players outcomes are mutually exclusive (what I do doesn't impact your outcome) but don't know how accurate that is.

    By the way those sites are HIGHLY unprofitable right now.

    Draftkings paid out $20 million this weekend which implies they took in $2 million (not considering free plays)... they spent $20 million THIS WEEKEND in advertising.

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  • mstng86
    started a topic fantasy sport gambling

    fantasy sport gambling

    Since its the beginning of the NFL season, I noticed all of the commercials for fantasy football and thought it sure seems like there are a lot more commercials about it. Then I realized its because its big money now with these websites. Draft kings seems to be the biggest one. I started wondering how they were not being investigated or if they were governed like all other gambling. How is it different than gambling in online poker?

    Well, it sounds like the good ol' Gubament is going to find out.

    How do fantasy sports differ from gambling? ?Energy?and Commerce Ranking Member Frank Pallone, Jr. (D-NJ)?seeks to find out and has disseminated?a letter?requesting that his committee review the legal status of fantasy sports and sports betting. Most people that I discuss the fantasy sports industry with believe that?there is little-to-no difference between [...]
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