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I mean, how hard was it to tell that Draftkings and Fanduel were a scam?

Posted on 10/6/15 at 1:39 am
Posted by Stacked
Member since Apr 2012
5675 posts
Posted on 10/6/15 at 1:39 am
Feel bad for the saps.

Major Scandal Erupts in Unregulated World of Weekly Fantasy Sports Betting
This post was edited on 10/6/15 at 2:00 am
Posted by drockw1
Member since Jun 2006
9101 posts
Posted on 10/6/15 at 1:44 am to
But...

"It's like the best adrenaline rush ever!"(FanDuel ad)...Said the guy who's never been laid

I wish nothing but the worst for these groups...DIAF, from corporate to lemmings
This post was edited on 10/6/15 at 1:46 am
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61102 posts
Posted on 10/6/15 at 2:20 am to
I don't think knowing the information guarantees that they win the money....but it sure does give them a much larger advantage than the rest of the field, so basically the pot gets dropped down several notches for the non-insider folks.
Posted by UltimateHog
Oregon
Member since Dec 2011
65758 posts
Posted on 10/6/15 at 2:23 am to
quote:

Feel bad for the saps.



I've made 10 grand with my group of friends since football season started on FanDuel, by all means, feel bad for us saps.

6 grand came on a single $5 bet. Rough. (thank you Mayfield and Fournette that week)

Even rougher is depositing with PayPal, and then cashing out with PayPal and having it in your account within 24 hours. If their biggest "scam" is a couple of mid level employees trading stat sheets, they'll continue to be the dominant force they are in legal sports betting (except in LA, poor saps).
This post was edited on 10/6/15 at 2:47 am
Posted by DrSteveBrule
Baton Rouge
Member since Sep 2009
12006 posts
Posted on 10/6/15 at 2:50 am to
quote:

I've made 10 grand with my group of friends since football season started on FanDuel, by all means, feel bad for us saps.

6 grand came on a single $5 bet. Rough. (thank you Mayfield and Fournette that week)
















This post was edited on 10/6/15 at 2:52 am
Posted by UltimateHog
Oregon
Member since Dec 2011
65758 posts
Posted on 10/6/15 at 3:22 am to
DAMN RIGHT!
Posted by QuackerBacker
Portland
Member since Oct 2013
392 posts
Posted on 10/6/15 at 3:26 am to
Nice I play it too but haven't had that much success just barely doubled up since season started
Posted by UltimateHog
Oregon
Member since Dec 2011
65758 posts
Posted on 10/6/15 at 3:31 am to
Yeah, it can be tough early, you really need to build your account if you start low like with any gambling site.

As for lineups just stick with 2 or 3 safe picks like Rodgers at QB, Jones at WR, Charles at RB.

It's all about hitting that $5000-6000 RB/WR, pick your budget players right with your safe picks and you're guaranteed money every week.
Posted by TigahSaint
Korea
Member since Sep 2015
211 posts
Posted on 10/6/15 at 5:22 am to
So how does Fournette a college player help you in a pro football fantasy thing
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 10/6/15 at 5:26 am to
I'm trying to figure out how the Feds haven't step in to shut them down.
Posted by MSTiger33
Member since Oct 2007
20358 posts
Posted on 10/6/15 at 5:33 am to
DOJ is probably building a case as we speak
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18893 posts
Posted on 10/6/15 at 5:39 am to
People should read that article.

Let me summarize...

Blah, blah, government regulation needed, blah, Congressional investigation, big money, missed tax revenue, blah, blah, government regulation, need regulation, blah, blah.

Typical Lib BS (courtesy of the NYT no less) that can't stand some people having fun. You know what? If people trust the businesses, they will spend money. If it is a scam, they won't. Who thinks that the architects of Healthcare.gov getting involved in this is a good idea?
Posted by iron banks
Destrehan
Member since Jul 2014
3736 posts
Posted on 10/6/15 at 5:39 am to
This is going to end badly.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65506 posts
Posted on 10/6/15 at 5:42 am to
quote:

I've made 10 grand with my group of friend
Color me dubious.

This post was edited on 10/6/15 at 5:43 am
Posted by PurpleandGold Motown
Birmingham, Alabama
Member since Oct 2007
21958 posts
Posted on 10/6/15 at 6:17 am to
quote:

So how does Fournette a college player help you in a pro football fantasy thing



Well, they do offer college football.

And it is hardly a scam. There will always be insiders. I deposited $200 and am up to about $500. Lost a little this weekend because I got cute with my picks.

ETA: though knowing percentage of ownership goes a little beyond insider knowledge, it can still be accurately predicted (fairly) with enough data.

They will have more control over the data going forward.

Same thing happened wI think poker sites in the early days except employees could actually see hole cards.
This post was edited on 10/6/15 at 6:22 am
Posted by sdc74
Houston
Member since Jan 2007
1193 posts
Posted on 10/6/15 at 6:39 am to
I've only won about $150. But my co-workers friend won $1 million.
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83927 posts
Posted on 10/6/15 at 6:42 am to
I am buying my second vacation home because of FanDuel. Lol. If it's a scam, call me a sucker.
Posted by Tiger Ryno
#WoF
Member since Feb 2007
102967 posts
Posted on 10/6/15 at 6:43 am to
quote:

I wish nothing but the worst for these groups


Agreed...and anyone who plays any fantasy sports period.
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
17206 posts
Posted on 10/6/15 at 6:44 am to
So I have no experience, can you explain how each site works, how you choose your players and are you limited and how you win money?
Posted by East Coast Band
Member since Nov 2010
62717 posts
Posted on 10/6/15 at 6:44 am to
I do like this part:
quote:

e statements were released after an employee at DraftKings, one of the two major companies, admitted last week to inadvertently releasing data before the start of the third week of N.F.L. games. The employee, a midlevel content manager, won $350,000 at a rival site, FanDuel, that same week.

“It is absolutely akin to insider trading,”
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