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re: I mean, how hard was it to tell that Draftkings and Fanduel were a scam?
Posted on 10/6/15 at 3:15 pm to Kcoyote
Posted on 10/6/15 at 3:15 pm to Kcoyote
quote:It should all be legal, it's so annoying, makes no sense for it to be illegal.
I love how this is just legal because it's football but online poker is still frowned upon.
1
Posted on 10/6/15 at 3:15 pm to Kcoyote
quote:
Oh you're one of those. I'll stick with the facts reported and again state that isn't what happened here in this case. It's hard to discuss a topic like this if you're using your beliefs of what happens behind the scenes and presenting that as fact to prove your side of the argument.
You can't possibly be this naive? Do you really limit your understanding of the world to what's "reported?" Do you think these DFS sites are just going to say, "Yup, you caught me."
Posted on 10/6/15 at 3:18 pm to Ex-Popcorn
quote:
1) Analyst A at Draftkings has access to the rosters of the "professionals" at their site--they guys who makes hundreds of thousands of dollars a year doing this. It's not an accident. These guys are balls deep in analytics every hour of the day. It's not luck. They win more often than not. They play LOTS of rosters in different levels of games with different odds and different payouts. They are dialed into the analytics of all of this. Analyst A takes those exact rosters and plays them in the exact games at FanDuel. Profit over the long run. Guaranteed income. This is exactly why it's very much like insider trading. They are using information no one else has access to in order to create a fictional competitive advantage in the marketplace.
Would explain why Fan Duel and Draft Kings came out at exactly the same time. Or at least they went balls out with their marketing at exactly the same time.
Posted on 10/6/15 at 3:19 pm to Stacked
But, but with FanDuel I can beat my buddies every week!
I want to kill that motherfricker that says this.....
I want to kill that motherfricker that says this.....
Posted on 10/6/15 at 3:22 pm to shel311
quote:
It should all be legal, it's so annoying, makes no sense for it to be illegal.
Exactly. The government continues to try and save us from these evil poker corporations while simultaneously accepting lobbying money from casinos that take a higher rake.
Also FT was fricked up in what they did, but that is not the case with every company.
Posted on 10/6/15 at 3:26 pm to UltimateHog
quote:
UltimateHog
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.
Posted on 10/6/15 at 3:55 pm to Ex-Popcorn
I wasn't aware that the names of the users were part of the scandal. From my limited reading/understanding it was more or less just a percentage number indicative of which players were being used the most. for example, 45% of the weeks teams in 'X' tournament selected Aaron Rodgers. Now if it's broken down further into exactly who is selecting who, like Bill who's Fanduel name is ShowMeYourTDs or something and he is the #1 player in FD selects this player or that player this week, then yes I can fully understand why this is large scale. Sorry if I misinterpreted the article.
Posted on 10/6/15 at 3:56 pm to UltimateHog
quote:
6 grand came on a single $5 bet. Rough. (thank you Mayfield and Fournette that week)
I couldnt even put Fournette on my lineup.....
Posted on 10/6/15 at 4:06 pm to Stacked
Posted on 10/6/15 at 4:06 pm to Ex-Popcorn
quote:
You can't possibly be this naive? Do you really limit your understanding of the world to what's "reported?" Do you think these DFS sites are just going to say, "Yup, you caught me."
I am naïve because I am talking about the facts presented in this one particular case and you're commenting on your speculations on what happens behind the scenes of all DFS companies? You're no longer even on the same topic as me. I specifically stated in my original reply to you that what you're bringing up doesn't apply to this one case that was just made public. That's it. Get the wad out of your vagina.
You're arguing about the dishonesty of people in general and attaching that to DFS sites. I'll mention again (since you left this part out when you quoted me) that the type of monitoring you are referring to can be done on any website in the world which can be used to make money, including day trading. Do I think people can be dishonest and use illegal info for their own financial gain? Absolutely. If anything, browsing the OT should have taught everyone that we should shoot people and save the dogs because people suck(except Pit bulls - they can all die). But I am not going to accuse every DFS site, every day trader site, every other type of site in which money can change hands for profit as corrupt because someone employed there might be monitoring its site users' actions and using that for their own benefit. To me, that would be naïve.
This post was edited on 10/6/15 at 4:25 pm
Posted on 10/6/15 at 4:09 pm to USAF Hart
quote:
I wasn't aware that the names of the users were part of the scandal.
They weren't. Your post that he replied to about this specific case was correct.
Posted on 10/6/15 at 4:34 pm to TTownTiger
quote:Right. He had ownership percentage on DK. There's no real reason to think he knew specific users' lineups on a completely different site since, as I understand, he had no actual FD specific information.
They weren't. Your post that he replied to about this specific case was correct
Posted on 10/6/15 at 6:57 pm to Stacked
What information do they have access to that gives them an edge that John Q. Public doesn't have access to?
Posted on 10/6/15 at 9:55 pm to USAF Hart
quote:
Apparently the guy in question had access to the percentages of the players selected. So he could either piggy back on those players or use those percentages to draft up a team based on his belief. Either way, I don't really see how this is such a huge scandal. I mean, the games still have to be played. 27.9% of the FanDuel players this past weekend took Julio Jones. He managed to get a whopping like 7 points. Meanwhile the kicker for the Kansas City Chiefs scored 27 points.
This. You can know which player is owned by how many people all you want but you still have to correctly predict the future outcome of your players
Posted on 10/6/15 at 10:00 pm to UltimateHog
quote:
I've made 10 grand
I call that Monday
quote:
10 grand with my group of friends
That's poker night.
I don't trust any of that bullshite after losing online in Texas hold'em with a royal flush. frick that shite.
Posted on 10/6/15 at 10:06 pm to jg8623
quote:
quote:
Apparently the guy in question had access to the percentages of the players selected. So he could either piggy back on those players or use those percentages to draft up a team based on his belief. Either way, I don't really see how this is such a huge scandal. I mean, the games still have to be played. 27.9% of the FanDuel players this past weekend took Julio Jones. He managed to get a whopping like 7 points. Meanwhile the kicker for the Kansas City Chiefs scored 27 points.
This. You can know which player is owned by how many people all you want but you still have to correctly predict the future outcome of your players
What you guys thinking doesn't incorporate is, if I offer you a coin flip I pay you $100 if you win, you pay me $125 if you lose. Sure, any given coin flip you have to "hit" to win, but if we flip that coin more than a handful of times and you are guaranteed to lose.
Posted on 10/6/15 at 10:14 pm to Stacked
That's the obvious scam.
Duh. That scam I can get behind, because people that gott damn dumb can eat a dick.
Scams where universities have their kids hired as employees who can't be prosecuted bc they'll squash that shite...that's different. Looking at you GA(y)
Duh. That scam I can get behind, because people that gott damn dumb can eat a dick.
Scams where universities have their kids hired as employees who can't be prosecuted bc they'll squash that shite...that's different. Looking at you GA(y)
Posted on 10/6/15 at 10:29 pm to Seeing Grey
quote:
What you guys thinking doesn't incorporate is, if I offer you a coin flip I pay you $100 if you win, you pay me $125 if you lose. Sure, any given coin flip you have to "hit" to win, but if we flip that coin more than a handful of times and you are guaranteed to lose.
That's been happening since betting or gambling was invented. Not sure the point you're trying to make
Posted on 10/6/15 at 10:32 pm to UltimateHog
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.
I made $349 bitch.
---Bradley C
Posted on 10/6/15 at 10:46 pm to Grateful Reb
quote:ownership percentages on a different site.
What information do they have access to that gives them an edge that John Q. Public doesn't have access to?
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