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DFS Scandals in E.F.F.E.C.T (2 Viewers)

I'm glad this scandal has broken.

This gambling bubble needs to end.

Honestly, I'm very troubled that sites like FFBG haven't taken a moral position on dfs.

Why accept all these ads from these corrupt companies. We all know this is NOT a game of skill, as much as we love it. It's gambling, and Sigmund and Cecil and the rest of the gang are promoting gambling.

Which ends up hurting a lot of people, and in this case lots of young men, which is the demographic they clearly target.

And don't tell me gambling can't become addictive, because I've seen it destroy too many lives and families.

 
EBF said:
I Bet On All Games said:
I was just talking to a friend last week about how it is eerily similar to the online poker advertisements back in the day. Constant spamming of commercials and seeking the get rich quick dream while offering bonus money. Not surprised to hear it getting corrupt.

Still pisses me off that you can gamble on these things that are all luck since there are so many variables involved but a game of skill that had set odds had been banned by the land of the free.

As to some of the poker discussion going on, comical.
It is like prohibition. You can make gambling illegal, but that doesn't remove the innate enjoyment that people get out of gambling. All of the desire to wager money is still out there. There is a huge market for it, just like there was for poker a decade ago. When you outlaw one form of gambling, another one pops up to take its place. They should just embrace it, regulate it, tax it, and try to implement controls for the degens who can't handle it without spewing themselves into financial problems.
People who have addiction problems are not degens. It is a cruel problem that destroys lives and families.

This site needs to take a stand and end it's collusion in promoting gambling.

This is not the fantasy football I love.

 
Meatwad Reloaded said:
You have to be an idiot to do this on a week to week basis. Either you are wasting a sick amount of time for only a small, small profit or you are losing.
I'm up $2500 through 4 weeks. Guess I'm an idiot
 
Da Gildz said:
It would be like at a poker table , and the flop comes A high with 6 players in. And 1 of the players is given info that no one playing has an A in their hand. Does it guarantee him anything? Of course not. Can he still lose the hand? Of course. But clearly he has an edge playing with with said info...
No, it would be like he knew how many players at a different table had aces.
 
I'm glad this scandal has broken.

This gambling bubble needs to end.

Honestly, I'm very troubled that sites like FFBG haven't taken a moral position on dfs.

Why accept all these ads from these corrupt companies. We all know this is NOT a game of skill, as much as we love it. It's gambling, and Sigmund and Cecil and the rest of the gang are promoting gambling.

Which ends up hurting a lot of people, and in this case lots of young men, which is the demographic they clearly target.

And don't tell me gambling can't become addictive, because I've seen it destroy too many lives and families.
I feel like betting the spread or total of a game is a lot less corrupt than DFS is. Both are potentially addictive to address your point about that. With tonight's spread, any Joe on the couch can take the Lions +9.5 or the Seahawks -9.5 in a market that is equalized by the amounts of money bet on both teams via line movements. The game is going to play out how it's going to play out, and you either win or lose. Outside of paying players off, you can't "game" that system. Exploits like this where you use proprietary lineup data only accessible by employees prior to kick off while you can still submit lineups for cash is WAY more of a rigged system IMO than that of non-DFS sports gambling, because again outside of bribes, the market is the market in non-DFS gambling.

Funny how DFS get the red carpet rolled out with this cheating case pending, and more traditional non-DFS sports gambling is demonized and treated with kid gloves (short answer is the money train DK/FD is pumping to advertise). My point is, DFS is easily as much of a vice and gambling as non-DFS more traditional sports gambling. Non-DFS gambling operates in a manner less open to exploitation than that of DFS with stories like this leaking, again outside of paying professional players off. With this DFS scandal, players don't even need to be involved for the scandal to take place, which in my mind is even scarier. Make DFS and non-DFS gambling both legal and regulated, or shut them both down for good. They are exactly the same IMO.

 
EBF said:
I Bet On All Games said:
I was just talking to a friend last week about how it is eerily similar to the online poker advertisements back in the day. Constant spamming of commercials and seeking the get rich quick dream while offering bonus money. Not surprised to hear it getting corrupt.

Still pisses me off that you can gamble on these things that are all luck since there are so many variables involved but a game of skill that had set odds had been banned by the land of the free.

As to some of the poker discussion going on, comical.
It is like prohibition. You can make gambling illegal, but that doesn't remove the innate enjoyment that people get out of gambling. All of the desire to wager money is still out there. There is a huge market for it, just like there was for poker a decade ago. When you outlaw one form of gambling, another one pops up to take its place. They should just embrace it, regulate it, tax it, and try to implement controls for the degens who can't handle it without spewing themselves into financial problems.
People who have addiction problems are not degens. It is a cruel problem that destroys lives and families.

This site needs to take a stand and end it's collusion in promoting gambling.

This is not the fantasy football I love.
If they aren't, then who is? Gambling addiction is not a disease that afflicts the innocent, so gambling junkies have nothing and nobody to blame but their own lack of character and moral fiber. The propensity of some to insist on absolving individuals of accountability for their shortcomings helps nobody...including the individual.

 
EBF said:
I Bet On All Games said:
I was just talking to a friend last week about how it is eerily similar to the online poker advertisements back in the day. Constant spamming of commercials and seeking the get rich quick dream while offering bonus money. Not surprised to hear it getting corrupt.

Still pisses me off that you can gamble on these things that are all luck since there are so many variables involved but a game of skill that had set odds had been banned by the land of the free.

As to some of the poker discussion going on, comical.
It is like prohibition. You can make gambling illegal, but that doesn't remove the innate enjoyment that people get out of gambling. All of the desire to wager money is still out there. There is a huge market for it, just like there was for poker a decade ago. When you outlaw one form of gambling, another one pops up to take its place. They should just embrace it, regulate it, tax it, and try to implement controls for the degens who can't handle it without spewing themselves into financial problems.
People who have addiction problems are not degens. It is a cruel problem that destroys lives and families.

This site needs to take a stand and end it's collusion in promoting gambling.

This is not the fantasy football I love.
Are all of the leagues you play in for free? If not, then you are gambling by your apparent definition, and by your proposed resolution someone should shut down your leagues. And my leagues. And these message boards.

I placed 55th on a $25 entry in the $6M tournament in week 2 and took home $3K on 3 entries played with no data mining. Just reading these boards, paying attention to Rotoworld, and listening to Sirius on my commute. I have held my own these last couple weeks as well, breaking about even. Those of us who are on here regularly have an advantage over a large portion of the population. This is a game of skill, no different (in that regard) from playing against your buddies for money. Maybe even more skill, in the sense that you cant have an entire season derailed by an injury to Big Ben. May impact you for a week, but you start over the next week, and that bad luck is in the rearview with the promise of good luck straight ahead.

Honestly, I love playing DFS. The "insider" advantages described in that article are real, but arent dramatically different from what I learn by entering a few $2 Thursday contests to get a sense of what ownership rates are. They also write articles about ownership rates on Rotoworld, and on FBG. Not an unfair advantage to me or anyone else...it is available to the public. The stock market is a good example. Good investors can analyze the data available to them to make sound decisions, and the better investors that spend a lot of time researching have a distinct advantage over investors like myself, who are completely clueless when it comes to the stock market.

As far as the government...they are loving this! The winnings are taxed as income. That one FanDuel Million dollar contest alone is worth close to $2M a week to them ($6M in prizes, although not all of it is taxable), and thats a small tip on a huge iceberg. All the while, anyone you talk to who plays this game absolutely loves it. People enjoy it, some schlub with Rotoworld in his favorites becomes a millionaire each week, and the government gets theirs. What is the downside? If you dont like the idea, dont play...but why dictate to me what I can do with my $25 every week? Nobody is telling me I cant invest in GE? Why would you tell me I cant invest in AB?

 
Hang on to your fantasy butts.

The hobby is about to get scrutinized like never before.

And if some self righteous Congressman gets a bug up his bunghole about it it'll be the beginning of the end of the hobby as we know it.

Greed wins and destroys again. :angry:

 
it's almost like these companies were not ready for the microscope....

btw, what does Bradley C. think about all of this? is his $349 still safe?

 
Hang on to your fantasy butts.

The hobby is about to get scrutinized like never before.

And if some self righteous Congressman gets a bug up his bunghole about it it'll be the beginning of the end of the hobby as we know it.

Greed wins and destroys again. :angry:
yep, there is no way the industry lasts longterm in its current form. I think they know that, hence why they are allowing all kinds of BS and advertising like crazy. Basically trying to get everything they can before the house of cards crumbles.

 
it's almost like these companies were not ready for the microscope....

btw, what does Bradley C. think about all of this? is his $349 still safe?
That incessant advertising binge leading up to week one is going to end up changing the entire industry. These sites/leagues existed virtually in the dark to the mainstream public prior to that and they weren't happy with the enormous growth they were already seeing.

 
Marauder said:
The big difference between poker and DFS though, is in DFS, the pros play thousands of games a week at all stakes. You can't get away from them by moving down in stakes. How would you like it if you walked into your local cardroom, sat down at a small stakes Hold em game and saw Phil Ivey and a few other top pros sitting there. You get up and move to another table and the same players are sitting there too. That's the way it is on Fan Duel and Draft Kings.
Marauder is correct.

Just like in Vegas, you are a fool if you think you're going to win more than you lose.

 
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Off topic, but this pushes me over the edge. I'm a huge Burr fan, seen or listened to everything he's done except the podcasts. I've got too many that I listen to already, but screw it - I'm dropping one of them and adding Burr. He can't be bought, he doesn't give a ####, and he's funny as hell.

On topic - this DFS crap is going to end up screwing the entire industry. Your average Joe (lawmaker) is going to think regular fantasy football is lumped in with this DFS crap, and with they way they are cramming their advertising down our throats, and if scandals keep popping up, we are going to get regulated to death. We've long had a loophole to gamble with our fantasy football, and everyone was cool with it as long as it didn't get crazy. Well, now it's starting to get crazy.

I'm no expert with regulations and stuff, but the horizon seems ominous.

 
I don't know what they were expecting. Maybe it is like someone else said they are trying to get what they can while they can. As much as I love football so does the religious right and the socialist left. One will want to rid it because it's "right" to do and the other because their pocket isn't getting greased. I'm not sure why people feel the need to defend daily fantasy but then again I'm also not one who gets a rush gambling their money. If someone wants to lose 10k to some nerdy grease ball who has a better algorithm not my business. Unfortunately, American society doesn't act like that. This will come to a head at some point in time and it will lose because poker already lost.

 
Off topic, but this pushes me over the edge. I'm a huge Burr fan, seen or listened to everything he's done except the podcasts. I've got too many that I listen to already, but screw it - I'm dropping one of them and adding Burr. He can't be bought, he doesn't give a ####, and he's funny as hell.

On topic - this DFS crap is going to end up screwing the entire industry. Your average Joe (lawmaker) is going to think regular fantasy football is lumped in with this DFS crap, and with they way they are cramming their advertising down our throats, and if scandals keep popping up, we are going to get regulated to death. We've long had a loophole to gamble with our fantasy football, and everyone was cool with it as long as it didn't get crazy. Well, now it's starting to get crazy.

I'm no expert with regulations and stuff, but the horizon seems ominous.
It's like the college party's that used to get out of hand. Goodell's corporate NFL has been creating a lot of pressure on the hobby anyway. I don't think I'm alone in saying it was a hell of a lot more fun when the knowledge you had actually meant something. Now anyone can just track players on yahoo trends and it means nothing. Not saying it isn't fun still but long gone are the days I'll put in the effort l still see a lot of guys make. Some ###### was going to find a way to make money off of it. It's the way of the world. Never thought it could have consequences of even having websites I've frequented for years be affected. I sort of doubt it will reach that far but DFS is going to come to a head.
 
you are a fool if you think you're going to win more than you lose.
Me and two partners who have all played FF since '85 decided to try out some daily as a group this year.

One of them had played last year and had tinkered with baseball and basketball also. My first time playing.

  • We have been net positive each and every week for 4 weeks. +31%. +27%. +47%. +273%
  • We have more losing hands then winning hands. We do 20-25 buy-in each week thus far.
 
you are a fool if you think you're going to win more than you lose.
Me and two partners who have all played FF since '85 decided to try out some daily as a group this year.

One of them had played last year and had tinkered with baseball and basketball also. My first time playing.

  • We have been net positive each and every week for 4 weeks. +31%. +27%. +47%. +273%
  • We have more losing hands then winning hands. We do 20-25 buy-in each week thus far.
You're not exactly disproving my point, Thrill.

It's only a matter of time before you lose more than you have made.

 
you are a fool if you think you're going to win more than you lose.
Me and two partners who have all played FF since '85 decided to try out some daily as a group this year.

One of them had played last year and had tinkered with baseball and basketball also. My first time playing.

  • We have been net positive each and every week for 4 weeks. +31%. +27%. +47%. +273%
  • We have more losing hands then winning hands. We do 20-25 buy-in each week thus far.
You're not exactly disproving my point, Thrill.

It's only a matter of time before you lose more than you have made.
I think for sure its going to be less then 50% winners for the populace, like inside a casino.

What I am willing to bet on (even though I agree that any online money$ are easily corrupted/hacked/cheated) is our overall experience being our distinct advantage when playing against the masses.

If we start losing at -100% clips, we would obviously rethink it. But we kind of knew that we had a good shot based on our 'football' knowledge as opposed to gambling knowledge or software/spreadsheet/algorithm knowledge. I'm happy to let that work for us until it doesn't. We are actually starting to build a coverage spreadsheet which isn't our expertise.

If we keep plugging along like we have (+35% per week on average) we will be happy to have fun with it and make a minimal amount of actual winnings.

 
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I work in advertising and both FanDuel and DraftKings are clients of mine. Both have spent millions with us since the start of the football season. Long story short ...

I was in their offices with my co-workers having a meeting/negotiating the contracts and I tell them how I am a fantasy football nerd who spends way too much time reading about the NFL, constantly wins at least one fantasy title a year in very competitive leagues, and could tell you who the 3rd string RB is on all 32 teams in alphabetical order - But with that said, I have played DFS about 10 times in some high stakes leagues and can't seem to come close to cracking the top 50%. I ask them what advice they have and their VP of Marketing offers up this ...

"Don't play. It's not set up for you to win."

He then goes on to explain how teams of Wall Street professionals have left major firms and hedge funds and make their entire living now playing DFS spanning all sports (football, baseball, basketball, etc). They have offices with teams of people, data scientists, advanced algorithms, and thousands of lineups going each and every day and night.

All of the big money is won by computers with thousands of entries all using algorithms to hedge their bets and assure mass winnings.

 
you are a fool if you think you're going to win more than you lose.
Me and two partners who have all played FF since '85 decided to try out some daily as a group this year.

One of them had played last year and had tinkered with baseball and basketball also. My first time playing.

  • We have been net positive each and every week for 4 weeks. +31%. +27%. +47%. +273%
  • We have more losing hands then winning hands. We do 20-25 buy-in each week thus far.
You're not exactly disproving my point, Thrill.

It's only a matter of time before you lose more than you have made.
I've got a sample size going on 5 or 6 years now. I'm not a big player, not a lot of volume and pretty low stakes.... but year after year I'm withdrawing the amount I deposited around week 3 or 4 and playing with house money for the rest of the season (and usually I'm only withdrawing 20-30% of my bankroll). You don't have to beat the house and not everyone playing is a pro. I'm probably researching more than the average joe but I'm doing that whether I'm playing $200 in contests or just keeping an eye on my year long leagues.

 
Yeah, we have another thread or two that mention how its big teams of people getting into the winnings.

It was shown in article by bloomberg. You'd better have something that gives you a real advantage, or just stay the freak away.

 
matuski said:
Meatwad Reloaded said:
You have to be an idiot to do this on a week to week basis. Either you are wasting a sick amount of time for only a small, small profit or you are losing.
Well, not really. It's a lot like online poker in the sense that 85-90% dropping money on these sites are out of their depth, so all you have to do is be reasonably solid and you can make some money.
I think a lot of skilled players think that. But the reality based on what i've read, is that 2% of the people win 80% of the money using complicated computer programs.
This simply makes no sense. A lot of the games are 50/50 type runs.

eta - I'm hitting on 100% of these comfortably so far through 4 weeks.

Not the million $ stuff but doubling my 5/10/25/50 bets each week isnt bad.
The figure is right it's just that the top 2% winning 80% are wagering butt-tons as well... there's plenty in that other 20% for the lil fish to get theirs.

 
Bojang0301 said:
I tried my hand at this recently. The being able to submit a lineup multiple times for one contest really turned me off. Seems like a big scam. NFL has made a big mistake cuddling up with these groups. Matter of time before one of the guys who are so stupid they have to beat their wives or kill dogs starts having poor individual performances at random times.
Or whips their kids' scrotums.

 
"Here’s why you didn’t win that daily-fantasy contest"

https://www.washingtonpost.com/news/early-lead/wp/2015/09/04/heres-why-you-didnt-win-that-daily-fantasy-contest/

"Namely, it’s because daily fantasy’s biggest players enter thousands of contests each day. Miller and Singer write that one DraftKings player who goes by the name maxdalury enters nearly every MLB contest offered on the site, and enters them every day. Plus, the sharps enter each contest more than once — dozens or hundreds of times — further lessening the chances of the recreational player."

 
I can't say that any of this surprises me at all. In fact, I personally think this is the tip of the iceberg. If employees of these companies are using ownership percentages to their advantages in regards to playing their own lineups-- what is to say that they don't sell this info to the highest bidder? Let's not kid ourselves here--both the major sites allowed the use of scripting bots to create optimal lineups in their terms of service not long ago. If somebody were to know which players have low ownership--and create multiple "optimal" lineups centering around the use of those players---it gives them a HUGE advantage in large entry tournaments. Also--if those low ownership players were to really have big games--their large exposure to those players would most likely result in multiple high placings in these tournaments which means more money won.

In regards to the motivation to play DFS--I personally have none. I also would very much recommend that any person avoid getting sucked into DFS thinking they are going to win money. I'm certainly not saying that it's not possible to win--I'm saying that it's not probable. For every person here that "says" they won--there is probably 90-100 that lose. Being that I spend a decent amount of time in Vegas (namely because I own properties there)--I can tell you firsthand that most people that gamble (play)generally tend to over exaggerate their successes while downplaying their losses. If winning in DFS was so easy--how do you think they can afford to be on every commercial on every network at every moment of the day? Sure--a few of you will respond to this post saying "I've won..blah blah blah"--and there are only two realities to this. 1) you are in a very select minority--so good for you or 2) you are lying. With that being said--if one chooses to play DFS--don't do it for money--do it for the sake of entertainment. Give yourself a set budget that you are willing to use in the name of entertainment--and if you win--congrats. If you lose--hopefully you had fun playing.

 
If a group of investors can buy every combination of powerball numbers when it exceeds 300 million is the lottery system corrupt?

Of course not.

Anyone who plays DFS who has half a brain KNOWS they are competing against algorithms and other chumps.

Playing blackjack is not a sound investment vehicle but it is entertaining.

/thread.

 
Your average Joe (lawmaker) is going to think regular fantasy football is lumped in with this DFS crap
Hilarious
Confused? Let me know what about, and I'll explain the difference in the way money is bet (and lost), the advertising strategy and the nuances of play. (Remember, I already said both are gambling, so hopefully you understood that)

 
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Tool said:
msudaisy26 said:
I love the people that don't play claim this should be illegal. If you don't play why do you care?
I fight for the common man. Plus, the ads are really annoying.
Yes the ads are annoying, but where do we draw line? There shouldn't be cheating, but if some one wants to gamble on football let them. Are we going to make fast food, alcohol, and smoking illegal too?
 
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I'm glad this scandal has broken.

This gambling bubble needs to end.

Honestly, I'm very troubled that sites like FFBG haven't taken a moral position on dfs.
I only read the article but I'm guessing that despite the "error", the person who won the $350,000 isn't giving it back.

In other words, the money in this "industry" is on the table now. This is the metaphorical "wild west" of DFS, when there is no law "West of the Pecos". This is when you stake claims and pillage the "land". The moral high ground can wait until after the law arrives...

 
Da Gildz said:
matuski said:
Meatwad Reloaded said:
You have to be an idiot to do this on a week to week basis. Either you are wasting a sick amount of time for only a small, small profit or you are losing.
Well, not really. It's a lot like online poker in the sense that 85-90% dropping money on these sites are out of their depth, so all you have to do is be reasonably solid and you can make some money.
I think a lot of skilled players think that. But the reality based on what i've read, is that 2% of the people win 80% of the money using complicated computer programs.
This simply makes no sense. A lot of the games are 50/50 type runs.

eta - I'm hitting on 100% of these comfortably so far through 4 weeks.

Not the million $ stuff but doubling my 5/10/25/50 bets each week isnt bad.
Can u even fathom how many games are registered/played every week? It's an absurd #. To use your minuscule sample of a few contests won is pretty silly. Just saying..
Have you ever played?

There are more non tournament games than tournament games (worst case lets say the same amount). The 2% number is what is silly.

My sample size isnt the relevant information. Whether I win the 50/50's or not.. roughly 50% that play do (some double ups are ~45%). I am not going to bother with the math, but 2% makes no sense at all. Triple ups where 30% win, quadruple ups where ~25% win, quintiple ups where ~20% win... etc.

Even the tourneys are usually in the 10% range at worst. This is the big money that is drawing the algorithms. This is the sucker bet.

 
Your average Joe (lawmaker) is going to think regular fantasy football is lumped in with this DFS crap
Hilarious
Confused? Let me know what about, and I'll explain the difference in the way money is bet (and lost), the advertising strategy and the nuances of play. (Remember, I already said both are gambling, so hopefully you understood that)
Baked, grilled or fried it's all chicken dinner and it's going to get eaten.

 
Tool said:
msudaisy26 said:
I love the people that don't play claim this should be illegal. If you don't play why do you care?
I fight for the common man. Plus, the ads are really annoying.
Yes the ads are annoying, but where do we draw line? There shouldn't be cheating, but if some one wants to gamble on football let them. Are we going to make fast food, alcohol, and smoking illegal too?
I agree with you in the sense that "No"--of course we shouldn't make fast food, alcohol, and smoking illegal--but there is one major difference. All of these things are highly regulated. DFS is not. That's the big issue.

 
Tool said:
msudaisy26 said:
I love the people that don't play claim this should be illegal. If you don't play why do you care?
I fight for the common man. Plus, the ads are really annoying.
Yes the ads are annoying, but where do we draw line? There shouldn't be cheating, but if some one wants to gamble on football let them. Are we going to make fast food, alcohol, and smoking illegal too?
well currently gambling on football is illegal except in las vegas. (and smoking should be illegal but that's off topic)

 
I've been able to pay for my money leagues each with the winnings from dfs. I leave it at that and never play over 25 bones...and that would be a double up. Usually 1 and 2 dollar games.

One thing not mentioned...it's actually fun if you know how to control yourself.

 
Your average Joe (lawmaker) is going to think regular fantasy football is lumped in with this DFS crap
Hilarious
Confused? Let me know what about, and I'll explain the difference in the way money is bet (and lost), the advertising strategy and the nuances of play. (Remember, I already said both are gambling, so hopefully you understood that)
Baked, grilled or fried it's all chicken dinner and it's going to get eaten.
I agree with that. If I was a chicken, though, I'd tell the one running around clucking and crapping all over the place to shut the #### up before the butcher comes early.

 
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That's the funny thing about these sites. I don't find them morally offensive. I find the amount of advertising offensive and THAT'S why I wanna see the industry crumble.

 
Ownership percentage information is the cover-up for the real scandal going on over there where database admins are manipulating lineups during the game to ensure big winners work for the house.

 
Didn't see this thread and been posting in the one that is in the DFS forum. Here are some links that have some interesting reading.

Here is a link with more info about PetrGibbons (fanduel employee playing on draftkings and KILLING it in only 5 months): https://dfsreport.co...anduel-mishaps/ . Would not be shocked if this guy is trading data with Ethan

Here are just a few of the reddit threads:

https://www.reddit.c...idences_in_dfs/

https://www.reddit.c...blic_statement/

https://www.reddit.c..._im_ok_with_it/

And from this morning: An analysis of Ethan's winnings on Fanduel. http://larrybrownspo...-profile/276741

Rotogrinders thread with the discussion: https://rotogrinders.com/threads/draftkings-ownership-leak-850584?page=55

 
Lol these sites are "screwed" now.

Gonna be a lineup of lawyers ready to take a stab at this, then congress steps in

 

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