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Usually. But this story has gotten in front of any proof at this point. Clearly there needs to be some investigation, but two people having success does not prove wrong doing. The Larry Brown article posted earlier is a good example. He seems to suggest that Ethan having success means he is cheating. It is not uncommon for a top level player to go on a run, Ethan is a top level player. He might just be on a heater.
Butt hurt about it?
We don't have the FULL data set yet to say with 100% certainty he is winning at a rate that far exceeds expected over a long enough period of time. Thankfully the NYAG requested that data from Fanduel so we will have it. However we have have part of a data set. Where do you get the idea that Ethan is a top level player? 93 out of 105 of his big wins have come since working at DK AND he has been playing since 2013. If that doesn't scream statistical outlier not sure what does.
Good luck with that. You'll have to play for like a year straight to see the deposit "bonus"
Click my sig link. My RG profile will say basically the same thing but at much lower levels because I do not play the same volume. Mostly from Fanduel, almost all big wins are in 2015, etc. I have been playing daily for 3 years but did not have more than a few big wins until this year. This industry as a whole has ballooned recently, so for many players the majority of their success if going to be recent.
Interesting article. If you take the clues it gives you about profits you can surmise the following:
:facepalm:
I clicked your link. I see a big win in a few NBA contests on April 1st. A big win in a couple MLB contests on September 12th. There are a couple others in there on random dates. Congrats, I'm sure that's been great for you.
The issue is that the dude used information that was not available to anybody else to give him a competitve advantage to win--even if it was on a rival site. Yes--it's very possible the percentages for both sites don't mirror each other exactly--but there will almost certainly be some major crossover. The employee had access to player percentages--and my guess is that he probably had access to view lineups. This employee had access to roster trends as well as access to view the lineups of some of the most winningnest players on the site that he worked for--and could use that information to give himself a competitive advantage on the rival site. Not only that--we are not even considering the possible chance that he sells or shares this information--or if this same dynamic is working from the other company into his. The point here is impropriety. These sites try to paint themselves out as friendly havens for the "average Joe" to have a legit chance to win. The fact that the "average Joe" just found out that he now has to compete with employees within the industry (especially employees with information that is not available to him) makes it clear that these aren't the "friendly" inviting places they advertise themselves as being. The other thing to consider here is that this could very be the tip of the iceberg when it comes to this scandal. If investigations are conducted and its found that friends/families of employees of DFS fantasy sites are making big cashes---look out. This story is a big deal now--but has the potential to get much bigger and much worse.
What if the sites made all the ownership info public? How do you think it would impact the industry?
Say they pull this off in a big $ contest.. and 6 of the guys in each contest have this inside info... top 10-12 pays out - with 6 of them odds on to take most of it home.
no because there is evidence that there have been multiple entries submitted into single entry contests.
So basically just like a lottery. Small percent at the top win big $$$, another chunk wins the smaller prizes, most lose just a little bit and some people who play too much lose a good amount. The biggest question is how long the 80% will play and how much that will grow.
i think it's in the thread in the DFS forum...there have been allegations along with screen shots for like a year now that there are multiple entries into these contests (which when was discovered on one fanduel offered money back), these multiple entries look to be from fan duel itself to fill contests (which is even worse as it is the site with all of the data and presumably are putting their best lineup in), and people have screenshots of people's lineups changing after the games started which fan duel insists is due to lag or some lame excuse from these super users pushing out thousands of lineups just before game time.The more people dig into this the more is going to be uncovered about how poorly/unethical it's being run.
People aren't going to want to hear this, but having the % ownership made public would help the sharks win even more than they do now. It would basically be the holy grail of DFS stats for the computerized analytics programs they're using to come up with the most +EV lineup combos.
This is for baseball I believe. Baseball is the hardest sport to win consistently in from my knowledge. If you use data for NBA or NFL the percentages will be a lot different I believe.
DFS is without a doubt gambling. They just used a loophole to act like it's a "sweepstakes", which we all know is BS. Yes, just like poker, there is skill involved but it doesn't change the fact that it's gambling.
yeesh. I don't normally play big tourneys but if I do it is never the multi-entry ones where people could have thousands of lineups. I have no doubt that the site has dummy entries where if/when they win the money stays in house. People do strange things when decent money is involved, and since these sites are not regulated... well, corruption can be expected.
Seen this happen once with my own eyes. But only once... that I noticed.
If DFS is gambling, so is regular fantasy. I've played at CBS for years in public leagues where the buy-ins are over $1000. There are other sites where the buy-ins are much higher.Skoo said:
This is true, I guess my point was that CBS, ESPN, etc CAN offer fantasy football for free and still run a profitable operation. Can't say the same for DFS sites.
How many FTEs does DK employ? A couple hundred, maybe?
Not remotely correct. It's only a few employees that play big, and they should be able to do that. They were frontiers in the DFS space and were high-stakes players on Fanduel before Draftkings existed.
That has about as much a chance of happening as the FBI kicking in your company's door over your office March Madness pool.
