Call For Regulation Of DFS (Daily Fantasy Sports) Grows Amid Shady Insider Trading Possibility At DraftKings

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hacheman@therx.com
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What does this guy not understand?

He admits that certain data/info would be an advantage, but fails to understand or admit HIS EMPLOYEES are the ones who have access to it BEFORE games & rosters are released & the public sees it after the fact...<script src="http://player.espn.com/player.js?playerBrandingId=4ef8000cbaf34c1687a7d9a26fe0e89e&adSetCode=91cDU6NuXTGKz3OdjOxFdAgJVtQcKJnI&pcode=1kNG061cgaoolOncv54OAO1ceO-I&width=576&height=324&externalId=espn:13830575&thruParam_espn-ui[autoPlay]=false&thruParam_espn-ui[playRelatedExternally]=true"></script>
 

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If DraftKings employees have indeed won 0.3% of nearly $2 billion, that would be close to $6 million won. Rovell put the number at "less than $10 million."
What is not known is if that is net winnings — accounting for losses also — or just the gross winnings.
That is a big difference, but it would also seem that either number is significant.
According to research by Sports Business Daily, over one three-month stretch 91% of the player profits at DraftKings and FanDuel were won by just 1.3% of the players.
 

hacheman@therx.com
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If DraftKings employees have indeed won 0.3% of nearly $2 billion, that would be close to $6 million won. Rovell put the number at "less than $10 million."
What is not known is if that is net winnings — accounting for losses also — or just the gross winnings.
That is a big difference, but it would also seem that either number is significant.
According to research by Sports Business Daily, over one three-month stretch 91% of the player profits at DraftKings and FanDuel were won by just 1.3% of the players.





Either way, that shows that owners/employees of the company are putting in significant, huge amounts of money in trying to win their own contest.

Something just isn't right or ethical about that...
 

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It would have been better if a company like yahoo, Google, or poker stars would have been the founders of this kind of business . They would have been better at anticipating some of these issues that are coming up and stoping it before it starts

This really never happens when you are talking new industries with unique challenges.

So much of the risk being taken in the early stages just isn't something an established company would deal with. Then you have the issues being too big to effect bottom line, etc

Hiccup aside, I can't imagine anyone would have this industry further along than it is right now besides DraftKings. They made so many correct moves along the way despite FanDuel having a 3yr head start.
 

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What does this guy not understand?

He admits that certain data/info would be an advantage, but fails to understand or admit HIS EMPLOYEES are the ones who have access to it BEFORE games & rosters are released & the public sees it after the fact...<script src="http://player.espn.com/player.js?playerBrandingId=4ef8000cbaf34c1687a7d9a26fe0e89e&adSetCode=91cDU6NuXTGKz3OdjOxFdAgJVtQcKJnI&pcode=1kNG061cgaoolOncv54OAO1ceO-I&width=576&height=324&externalId=espn:13830575&thruParam_espn-ui[autoPlay]=false&thruParam_espn-ui[playRelatedExternally]=true"></script>

We've seen corruption throughout our lifetimes and every single time those in the crosshairs say some stuff.

DraftKings investigating wrongdoing was like Me letting Bernie Madhoff check out if he did anything wrong then Bernie reporting back to me that he didn't feel like he did anything wrong so I just grant him passage.

Ethan wasn't that good at DFS, didn't make any real money, then when he got the job with DK he progressed to cashing massively.

Maybe he just entered a Zone. Maybe he was, the whole time, the Jordan of DFS and just the environment of DK bust him out.

Allowed him to use the True Talent that he naturally posessed to begin winning at a rate that is unprecedented...

This shit would be like a guy or group winning the LVH SuperContest with 76% win percent and only like 20 losses for the whole NFL Season 17 weeks like 65-19-1 or some shit like that and you know what the odds of seeing that are


axjudv.jpg
 

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Ethan was like 23 when he got hired by DK or whatever. Probably got more of a bankroll and started playing more. I've seen a ton of guys move up in stakes like that.

It really isn't as crazy as people want to say but I just don't think people are capable of much else besides emotional reaction these days.

We were promised flying cars and we got twitter.
 

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This really never happens when you are talking new industries with unique challenges.

So much of the risk being taken in the early stages just isn't something an established company would deal with. Then you have the issues being too big to effect bottom line, etc

Hiccup aside, I can't imagine anyone would have this industry further along than it is right now besides DraftKings. They made so many correct moves along the way despite FanDuel having a 3yr head start.

I appreciate your enthusiasm for defending them but even you will take down that facade of supporting them and your own Cash Cow long enough to acknowledge if 1/100th of the truth of why DFS was allowed to be comes out people's minds will be absolutely blown. And the longer this goes on the more risk there is that the whole picture will be seen.

A whole bunch of money belonging to very important people has been "cleansed" through this outlet. For Ethan I am very said. This was a ridiculous way for this to start, we should not have even seen this path let alone ventured down it for another 10 years, at least.

But how do you not play under a Ghost for Christ Sakes?

Its as if The Universe did not like this particular deception, I know one particular organization in The Middle East that was was channeling funds through DFS is not particularly favored by "God" so maybe it just had to come down....

behind the silliest of shit.

Like toppling an Empire with a motherfucking pebble kick.
 

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What enthusiasm? I've clearly defined what the problems are the entire thread.

This is where we're at. If you give objective analysis but someone doesn't like 1/10th of that analysis, then you're trying to "brush it under the rug", "enthusiasm for defending" "facade of supporting"

Gimme a break bro...You are acting as unhinged as RunMaker after a 4 team parlay loss



And what I said about new vs entrenched industry and how innovation comes about is absolutely true, but more of another issue for another time. Very tough to grow in the initial phases when it isn't your field of expertise or align with companies overall goals. I.e IBM not capturing the software market, Microsoft not capturing the mobile market, Google with social media, etc
 

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Ethan was like 23 when he got hired by DK or whatever. Probably got more of a bankroll and started playing more. I've seen a ton of guys move up in stakes like that.

It really isn't as crazy as people want to say but I just don't think people are capable of much else besides emotional reaction these days.

We were promised flying cars and we got twitter.

There are means available for folks to bury their communications...yeah it takes a bit more work on the Front End so we'll see if they have done that. If so this just dies with a Rogue Employee now contained if not it blows up into an understanding of exactly why DFS slid on past everything like a banana on a greased up slip and slide.

To Ethan I'll say even if it breaks and the shit pours for Like the Nile and Noah this shit means NO thing this is just MONEY CHANGERS whose Fate was already written.

Please don't end you're Life behind this dude. Great things are to come if you just don't over-react even if it gets as dark as it could here


trust in the unseen bro


if you just trust in me someone you don't know here I promise you that you will see that dying here was the absolute worst choice you could have made.



As I swear........99.9% of those who kill themselves realize within that last dying breath....

as they are struggling to get the rope from their neck and feeling the bullet shatter their head I swear to you STAY Ethan none of this shit means anything bro in comparison to the gift of life and people get what they deserve and overall you know you've been a really good dude E...helped people.


 

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Gimme a break bro...You are acting as unhinged as RunMaker after a 4 team parlay loss

and you are just saying the same thing over and over and over: "Its no big deal the dude has info in advance that others aren't privvy to"

Which I'll let others who are similarly tired of your repetitive support of this deal with.
 

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I said before and I'll say it again. The pro sports leagues are all hypocrites. If your anti-sports wagering on your games then you can't get in bed with Fantasy sports. It's hidden behind the fact that you can shave points in team vs team wagering but in picking players across the board from various teams there is no chance of corruption. It's like Delaware with their ridiculous parlay betting only. The previous posted statistic is amazing that 1.3% of the players win 91% of the profits. Haven't the bulk of the players caught on yet that they have no chance to win.
 

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and you are just saying the same thing over and over and over: "Its no big deal the dude has info in advance that others aren't privvy to"

Which I'll let others who are similarly tired of your repetitive support of this deal with.

I said employees shouldn't play on other sites and the info should be more safeguarded several times in the thread.

All I said was that this particular issue really is more of a red herring, which it is. I've said I see bigger problems in DFS than this issue (scripting), if you took the time to read all my posts then you might learn something.

Sorry for comparing you to RunMaker, that should never happen.
 

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Ethan was like 23 when he got hired by DK or whatever. Probably got more of a bankroll and started playing more. I've seen a ton of guys move up in stakes like that.

It really isn't as crazy as people want to say but I just don't think people are capable of much else besides emotional reaction these days.

We were promised flying cars and we got twitter.

Oh yeah how did I forget?

In addition to your Defense that him having that advanced info was no big deal

your posting over and over and over and over again

that he just got better cuz he posted more entries and honed his skills.

Him becoming employed by DK and having access was just massive Co In Seh DINKY.

Fuck.

"I just don't think people are capable of much else besides emotional reaction these days."


Suck The Dollar's Cock Much Bro?


Now See?

Run Maker whatever you said just run that right up your ass Dickhead.
 

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If DraftKings employees have indeed won 0.3% of nearly $2 billion, that would be close to $6 million won. Rovell put the number at "less than $10 million."
What is not known is if that is net winnings — accounting for losses also — or just the gross winnings.
That is a big difference, but it would also seem that either number is significant.
According to research by Sports Business Daily, over one three-month stretch 91% of the player profits at DraftKings and FanDuel were won by just 1.3% of the players.

That 1.3% part is not as bad as it sounds.

Since the prize structure is so top heavy that's going to be around the number because the winners of the big money pools is going to dwarf 99% of the players giving a high 99% of the prize money to such a small percentage of players.

So that number is not as bad as it sounds.

1 person winning 1 mill covers 1000 people winning $1000.
 

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That 1.3% part is not as bad as it sounds.

Since the prize structure is so top heavy that's going to be around the number because the winners of the big money pools is going to dwarf 99% of the players giving a high 99% of the prize money to such a small percentage of players.

So that number is not as bad as it sounds.

1 person winning 1 mill covers 1000 people winning $1000.

Most of the 1% gains are in cash games, h2h, 5050 and smaller GPPs than the one million. That is just one part of the site.

Any marketplace is going to have a lot of losers and a few winners though. The stock market is zero sum at 7-8%, so anyone gaining below the zero sum would be losing to the market. Only like 5% of traders make $ long-term. Sports betting 1-2% can beat -110. Poker, etc... Something like table games, lotto, keno has 0% long-term winners in terms of implied odds, yet
these are still billion dollar industries.

Obviously markets are fluid and can go from inefficient to efficient and vice versa but you get the gist of what I am saying.
 

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RunMaker you are a good example why we lock people up for non-violent drug crimes.

You know so much better....why use 14% of your intelligence to type that statement? :):)

So much below you.....


I've read all your posts. You're very knowledgeable on this stuff. And you and I get along well. We've always shared an Inside Joke around this Run Maker stuff cuz you're amongst the few here maybe the only with the intelligence and the attention span to have observed and made note of the entire process.

Scripting sure is a Bomb yet to drop as you say but....its just scumbag gamblers that won't be that big a deal....a whole bunch of doofuses will say: "NO? Really?" and that will be about the end of that controversy.

Just to give an example of the real Controversy

when I was 12 in Anaheim

We stole all the labels off the back off Knott's Berry Farm Fruit Punch Concentrate Bottles that were on the shelves of Grocery Stores using Exacto Knives with Ninja Like Precision

because 2 of those = Free $4.95 Ticket Book then when we got caught because I tried to mass redeem like get a refund on 144 Ticket Books at once and called Knott's pretending to be a Preacher's son whose Dad had died so the Church Trip had to be cancelled

what Knott's accused me of was clipping 10% off coupons from the paper and buying ticket books then trying to redeem those for a net gain of 49.5 cents per ticket book.

I said: "Hell Yeah! Thats what I did!!"

DraftKings, by issuing the statement that they discovered no Wrongdoing, has invited people to locate some.

They could have just copped to error in hiring stupid lawyers who somehow managed to not forsee that employees playing at other DFS sites and winning big while having access to ownership info might be a potential problem.

Instead?

DK has chosen to take on the world.



Ain't no WAY the Money Changers behind this have been un-diligent enough in burying their commuications to where this goes much further so, like you say, just weather the storm humans are very very emotional and I swear...

Social Media has brought out the very worst in them.
 

hacheman@therx.com
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That 1.3% part is not as bad as it sounds.

Since the prize structure is so top heavy that's going to be around the number because the winners of the big money pools is going to dwarf 99% of the players giving a high 99% of the prize money to such a small percentage of players.

So that number is not as bad as it sounds.

1 person winning 1 mill covers 1000 people winning $1000.



The numbers say DraftKings employees have won about $10 Million.

That is a lot and shows that they are making a valiant effort to win their own contests, particularly the ones with huge payouts, which was created for the public, while at the same time reducing the odds of their customers winning.

That is shady plain & simple.

Playing at others sites is fine...
 

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