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Posted on 10/6/15 at 10:47 pm to jg8623
quote:sure, but knowing these percentages give you a huge advantage.
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
I still don't think it's a major scandal mainly since he knew percentages on a different site. But again, it's a big advantage.
Posted on 10/6/15 at 11:40 pm to Stacked
quote:
“The single greatest threat to the daily fantasy sports industry is the misuse of insider information,” Mr. Wallach said. “It could imperil this nascent industry unless real, immediate and meaningful safeguards are put in place. If the industry is unwilling to undertake these reforms voluntarily, it will be imposed on them involuntarily as part of a regulatory framework.”
So basically lawyers and politicians want their cut.
Posted on 10/7/15 at 12:32 am to jg8623
quote:
That's been happening since betting or gambling was invented. Not sure the point you're trying to make
The point was for the "well it's not an advantage, because your players have to hit" crowd. It doesn't affect the insider's edge. Of course you have to "hit" to score big, doesn't affect the edge that they are gaining over the rest of the player pool, and after a number of coin flips they are gaining a massive edge.
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