ultratruman
Banned
Is fantasy football gambling?
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Insider trading scandal involving DraftKings and FanDuel
- Thread starter Kifimbo
- Start date
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Exactly what I was thinking.
They're everywhere it seems.
Baraka in the White House
2-Terms of Kombat
Such obnoxious fucking companies.
WrenchNinja
Member
does this mean i won't have to hear these ads on the bombcast
Walter White Walker
Member
It really is the 2015 equivalent of AOL compact discs in re to advertising. I hope they meet the same fate.
Is that not public information on these draft sites like it is on every other fantasy sports site?
Even if it wasn't though, presumably the more common picks are more common because they have a higher success rate, so picking the less common picks shouldn't be an advantage overall. The same way picking the longshot is not an advantage in parimutuel betting.
If pick rates are private I could see that distorting the odds though since the 'bettors' don't have perfect information, I just don't know how much of an advantage there would be there.
Basically it's not considered "sports betting" because you aren't directly betting on the outcomes of games, which is the most laughable gambling loophole I have heard in awhile.
The fact that this barely-gray-area faff is tolerated, and meanwhile NJ gets stonewalled when they try to implement sports betting, just makes me shake my head.
The picks aren't public until lineups are locked.
You can't think of this like a regular fantasy league since every team can pick the same players. Avoiding the frequently chosen gives you a better chance if the player you select has a great game.
Essentially, yes.
They're able to be legal by claiming Fantasy Football is won by the person being more knowledgable about the players, therefore making DraftKings/FanDuel about skill instead of "chance".
Yeah I could see the private information part having an effect, but it's still hard to see it being a big enough advantage to make 350k in a weekend.
Overall I think these sites are shitty loophole workarounds and we should just legalize sports betting. I mean basically every state has a lottery these days, and that is way more gross and exploitative than sports betting or casino games IMO.
King Tubby
Member
I wonder how many of the employees are seeing what the big fish who actually consistently win money at this stuff do and just copy it.
Kurt Angle
Member
whatever stops those awful fucking ads during games
Well really the only way to win is to pick players that do well that other people didn't also pick. If everyone picked the best running back in a particular week, no one is better off than anyone else.
It's not a guaranteed win by any stretch, but it's a significant advantage.
abolisher6812
Member
What I really hate is a player isn't injured 10 mins and ESPN or NFL Network is already talking about how big the impact the injury will be on fantasy players.
It is a significant advantage.
You can easily run algorithms with this additional data point and give yourself a real leg up on everyone else.
The Technomancer
card-carrying scientician
I never heard of either of these until they started buying up time on all of the podcasts I listen to
Yeah after learning more about how the sites work, it seems like just picking the 2nd or 3rd at each position could be a significant advantage, but still fucking $350k!
banefirelord
Banned
At least Giant Bomb's podcast ads are moderately entertaining.
Definitely wouldn't mind not seeing their commercials for awhile...
Oh yeah it's a total fantasy culture now. No, don't act concerned about a possibly serious injury to a player...let's just worry about the poor fantasy players who put $20 in a pot at the beginning of the season.
Oh yeah it's a total fantasy culture now. No, don't act concerned about a possibly serious injury to a player...let's just worry about the poor fantasy players who put $20 in a pot at the beginning of the season.
ReturnOfTheRAT
Member
Weekly gambling leagues.
The networks are funding the fuck out these companies. I don't mind seeing either of them crash and burn.
The networks are funding the fuck out these companies. I don't mind seeing either of them crash and burn.
Brawly Likes to Brawl
Member
They both always seemed shady as fuck
This.
FriedConsole
Banned
Yeah I rather watch beer commercials. These commercials are as annoying as fuck.
FriedConsole
Banned
Well ESPN gets money from Draft Kings. There are regular talking heads on SportCenter that talk about the price on Draft Kings.
professor_t
Member
Respect.
PantherLotus
Professional Schmuck
Here I am, taking my midnight stroll for my constitution, listening to Neil Degrasse Tyson's STAR TALK podcast and I shit you not, BAM. Draft Kings sponsorship.
I shit you not, they have so much fucking money they're sponsoring STAR TALK.
I threw my phone.
I shit you not, they have so much fucking money they're sponsoring STAR TALK.
I threw my phone.
New York Attorney General Opens Inquiry Into Fantasy Sports Sites
http://www.nytimes.com/2015/10/07/sports/draftkings-fanduel-inquiry-new-york-attorney-general.html
ENTER PROMOCODE: WE'RE FUCKED
killdatninja
Banned
I was going to try (one of these) sites out too, but apparently AZ is one of the 4 states where online "skill" based gambling is too vague for these companies to take a chance.. so they just made it as a non-participating state.
Gentleman Jack
Member
"row of cheering sports fans.gif"
I wonder if these employees are the millionaires that these companies like to trot out during their adverts.
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