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re: Insider Info scandal between FanDuel and Draft Kings?

Posted on 10/5/15 at 7:49 pm to
Posted by slackster
Houston
Member since Mar 2009
85485 posts
Posted on 10/5/15 at 7:49 pm to
quote:

this is nothing like insider trading.


Maybe not, but
quote:

this would be like if a guy working in finance at a big firm had access to a great algorithm of the firm and used that to invest on his own, finding great success.
it isn't this cut and dry either.

As stated earlier in this thread, it is shady as frick at best.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425744 posts
Posted on 10/5/15 at 8:07 pm to
quote:

As stated earlier in this thread, it is shady as frick at best.


how?

these companies are in direct competition with each other and use publicly-available data (crunched via proprietary means)
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