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NY Attorney General says DraftKings and FanDuel are illegal gambling business
- Thread starter Kifimbo
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BlastProcessing
Member
Well said.
XiaNaphryz
LATIN, MATRIPEDICABUS, DO YOU SPEAK IT
It's because the loophole in the act that banned online poker that fantasy sports is exempt because it's a "game of skill" and "has an outcome that reflects the relative knowledge of the participants, or their skill at physical reaction or physical manipulation (but not chance), and, in the case of a fantasy or simulation sports game, has an outcome that is determined predominantly by accumulated statistical results of sporting events, including any non-participant’s individual performances in such sporting events…”
Which is dumb, because there's still chance involved to some degree with fantasy sports stuff. Maybe not as much as poker, which is why they never deemed that game as meeting the definition of "game of skill."
The people making that argument are basically pointing to the act trying to say it's not considered gambling by the law. Of course, that doesn't mean things can't change. But if they do make fantasy sports for money legal on the federal level, I can't see how they keep online poker out for much longer.
XiaNaphryz
LATIN, MATRIPEDICABUS, DO YOU SPEAK IT
If they don't consider poker a game of skill ( which is bullshit), then daily fantasy sports shouldn't either.
That's basically what it comes down to.
Also, horse racing... Which is obscenely involved, is also considered gambling- Which it should be.
John Oliver did a segment about Daily Fantasy Sports recently!
https://www.youtube.com/watch?v=Mq785nJ0FXQ
https://www.youtube.com/watch?v=Mq785nJ0FXQ
Paltheos
Member
Oh, yeah. It's totally a game of skill. Technical skill.
The top winners are statisticians who've written complex algorithms that tell them who to bet on based off a myriad of factors ranging from past player performance in similar situations to weather conditions.
A respectable skillset, for sure, but definitely not representative of what Daily Fantasy advertises. Not everybody can win, unless they mean everyone can be an intelligent, tech-able mathematician.
Also, don't forget that these companies got in trouble for cheating. Employees would enter, and with access to information the general public doesn't have, win a lot of money.
deadspin had a good piece on this: http://deadspin.com/fanduel-told-employees-not-to-win-too-much-money-on-dra-1743814536
witchedwiz
Member
Frankly?
No..
I would rather they remove gambling alltogether..
It's only making the poor poorer from my point of view, as there are a LOT of weak willed individuals that will plunge into gambling money that they can store little by little and hope to at least stash something at some point..
I look at gambling as a serious problem in Italy..
Minimum social pension is 600 eur more or less, and it happens often that when i go for a coffee before going to office in the morning i see a LOT of older (retired) people burning loads of money on scratch-to-win, lotterie a and slot machines..
Like.. No..
biggersmaller
Banned
Exactly. In MN I can buy lottery numbers at the damn gas pump, but the legislature treats new gambling like the legalization of crack thanks to the "Citizens Against Gambling Expansion" (tribe affiliated). Horse tracks fought for years to have slot machines and were always stonewalled on moral grounds. That is until tribal casino's got a cut - now "everyone" is happy with slots being paired with ponies. Fantasy sports are in their sights now.
Could you use a VPN to play on UK sites? Too risky if you somehow got caught?
theincredibleone
Banned
Truer words have never been spoken.
I still can't believe as a grown adult I can't play poker online. It's absolutely ridiculous. People can buy guns and alcohol and even weed but I can't play poker for money.
mercenar1e
Member
they should look into removing the lottery as well.
Acerac
Banned
Oh my goodness no that will never happen.
mercenar1e
Member
its just as bad.
Princess Carl
Member
It should absolutely be removed from every state I agree.
abolisher6812
Member
With the constant advertising and coverage that fantasy football as gotten this year has taken the fun out of it for me. The part that irks me is player has a serious injury and not 3 minutes later ESPN or NFL Network is trying to tell us how that will impact our fantasy lineups. Also I heard someone say how fantasy players are being screwed by the Odell suspension since this is championship week for most leagues.
Limited Edition
Banned
Isn't the law in MN that you can't have casinos that aren't operated by the Tribes, or some such nonsense?
mercenar1e
Member
a 1 in 258,890,850 chance that they will.
when they're ripping off people its fine but when a company does it they pounce on them.
Phobophile
A scientist and gentleman in the manner of Batman.
If you completely remove legal gambling, then even more people will turn to illegal gambling. There are already people gambling illegally where they can do so legally. At least with state run lotteries, gambled monies (theoretically) go back to pay for public programs. And private gambling can also be regulated and taxed by the state. So if people are gonna keep doing vices that have been around since the beginning of civilization, might as well try to have it benefit society in some way.
Enter The 36 Chambers
Member
Gambling is legal here. I don't do it but it's so stupid to make it illegal.
What are the reasons to make it a crime to make a bet?
What are the reasons to make it a crime to make a bet?
The courts decided that the semi-autonomous Chippewa and Ojibwe reservations are allowed to operate casinos under the original treaties they signed with the government. They weren't granted any special rights to operate casinos by the state of Minnesota.
If the government not getting the majority cut they will deem it illegal.
This stuff is no different from lottery
XiaNaphryz
LATIN, MATRIPEDICABUS, DO YOU SPEAK IT
The main issue aside from the tax side of things is regulation - stuff like regular accounting reviews of financial transactions and server side data, ensuring that whatever algorithms or mechanisms used for things like randomization meets some set standard verified by independent review, etc. Lotteries, table games, slot machines, online poker, all of that stuff (where legal) is heavily regulated.
Baraka in the White House
2-Terms of Kombat
On the one hand, I think gambling should either be legal across the board or, preferrably, illegal.
On the other, fuck Draft Kings and Fan Duel. Fucking Magic: The Gathering for sports goobers.
On the other, fuck Draft Kings and Fan Duel. Fucking Magic: The Gathering for sports goobers.
My cousin won $5000 last month on FanDuel.
I believe the government just being greedy
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