Draft Kings vs. FanDuel

[Nova98]

OK degenerates I haven't used either one before-which one does everyone prefer? Does one have better payouts? Are some better for some sports then others? Anyone play fantasy college basketball using one of these sites? Need to get ready for every angle of the upcoming season.

 

[Villanova U]

Can someone give me a brief explanation of these things? I see and hear their advertisements everywhere. How do they make so much money?

 

[OldManYellsatCloud]

Can someone give me a brief explanation of these things? I see and hear their advertisements everywhere. How do they make so much money?

Gullible frat bruh types like gdog who love to gamble and talk about their sweet lineup in between sets of dead lifts at LA fitness.

 

[NickleDimer]

Gullible fat bruh types like gdog who love to gamble and talk about their sweet lineup in between pickup games at LA fitness.

Fixed.

 

[Chimpat]

Can someone give me a brief explanation of these things? I see and hear their advertisements everywhere. How do they make so much money?

You can enter various contests: Tournaments, 50/50s, etc. All different types depending on what you're looking for in a potential payout. The sites take a vig, that's how they make their money. Doesn't matter who wins and who loses, they're getting paid either way.

 

[bgranc02]

I suggest this thread for all your answers and more

http://villanova.forums.rivals.com/threads/week-1-fantasy-football-brag-whine.11500/

 

[bmoneynova]

Can someone give me a brief explanation of these things? I see and hear their advertisements everywhere. How do they make so much money?

you pick a lineup with $60k as a salary cap budget (for Fanduel, not sure on the DK budget) that you cannot exceed. obviously the better players are more expensive. you can enter tournaments, head to heads, leagues (up to 20 guys IIRC) and enter as much or as little as you want to bet. obviously gambling more means more potential winnings.

I'm pretty sure DK does not use a kicker and uses a flex instead.

 

[Nova98]

GR8 info guys. Seems like these are both similar-the biggest difference at this point is that I can access FanDuel @ work while Draft Kings is blocked by the firewall. That could be the deciding factor for me.

 

[dirtyd]

Mindboggling this is legal, but traditional sports betting isn't.

 

[LetsGoNova]

My degenerates at work tell me FanDuel is a much more robust platform. I think the only thing DK offers than FanDuel doesn't is wagering on PGA events.

 

[kmill14]

Mindboggling this is legal, but traditional sports betting isn't.

IMO much more luck picking a winning lineup in these leagues than picking a 1 game winner or loser.

 

[adp98]

Mindboggling this is legal, but traditional sports betting isn't.

Because NFL owners have a financial stake. Brilliant business because gambling will be legal very soon and they'll own the platform and customer base. Which is why they have investors lined up willing to fund all these commercials. These guys don't miss a trick. Kmill, you the hook out of your mouth. It has nothing to do with that and all to do with $$$$$$.

 

[The_Z_Man]

How is advertising for mybookie.lv legal? I thought offshore gambling sites couldn't run ads in the US.

 

[the return of dirk( the surgeon)]

suckers

 

[dirtyd]

How is advertising for mybookie.lv legal? I thought offshore gambling sites couldn't run ads in the US.

where do you see it advertised?

 

[dirtyd]

Because NFL owners have a financial stake. Brilliant business because gambling will be legal very soon and they'll own the platform and customer base. Which is why they have investors lined up willing to fund all these commercials. These guys don't miss a trick. Kmill, you the hook out of your mouth. It has nothing to do with that and all to do with $$$$$$.

I realize it's all about money, which makes it that's much more mind-boggling.

When will sports betting be legal?

 

[The_Z_Man]

where do you see it advertised?

They're running a lot of ads on 97.5 here in the greater CoP area.

 

[dirtyd]

Thanks.

I don't think there is anything that says it's illegal. I think it's a huge grey area, like just about everything associated with online gambling. Big reputable places (ESPN, etc) will stay away from the potential hassle, but smaller media outlets like the one you mentioned will advertise.

Like I said, there is a huge gray area with all of the online gambling stuff. The gov't references the Wire Act in 1961 which talks about accepting bets over the phone. Ok, cool. What about accepting bets over the internet? Nothing addresses that.

 

[The_Z_Man]

Thanks.

I don't think there is anything that says it's illegal. I think it's a huge grey area, like just about everything associated with online gambling. Big reputable places (ESPN, etc) will stay away from the potential hassle, but smaller media outlets like the one you mentioned will advertise.

Like I said, there is a huge gray area with all of the online gambling stuff. The gov't references the Wire Act in 1961 which talks about accepting bets over the phone. Ok, cool. What about accepting bets over the internet? Nothing addresses that.

Interesting. You definitely know better than I do.

I thought that "wire" was used for just about any form of electric/electronic communication. Who'd a thunk someone could actually learn something on 4.6.

 

[dirtyd]

You might be right. But I believe it had to do with operations inside the US, that's why these joints aren't in the US obviously.

 

[adp98]

I realize it's all about money, which makes it that's much more mind-boggling.

When will sports betting be legal?

Whenever the sports league finally decide to quit the charade and take the additional revenue.

 

[dirtyd]

Gimme an O/U please. You said "very soon".

 

[adp98]

It's so tough to peg in terms of an O/U. I'd liken to the weed movement or gay marriage. In 2004, Republicans were able to use values to help win the White House. You fast forward less than a decade and you've got gay marriage becoming mainstream and weed is legal in some states, including DC, and gathering steam quickly. Something will happen and the movement will gain steam quickly. Within a few years after said "happening" it will be legal. I'm not smart enough to peg it specifically. That's not the answer you're looking for but it's the best one I can provide. The groundwork has already been laid by Silver's comments on the NBA taking a look and now you've got NFL owners with equity stakes in the sites discussed here. The guys with the money have laid the groundwork for the movement and they will then monetize the effort. When they are good and ready. However, I'm not smart to know when that moment happens.

 

[lowry99]

Interesting. You definitely know better than I do.

I thought that "wire" was used for just about any form of electric/electronic communication. Who'd a thunk someone could actually learn something on 4.6.

Haven't looked at it in a while, but pretty sure that if (i) you are physically located in the United States and (ii) transmit any information (or the site you're using relays it) across any U.S. interstate lines of communication (would include telephone lines or DSL/cable/broadband pipe), which is virtually a given, to bet on sports, the reasonable argument is that you're violating the existing patchwork of federal laws prohibiting sports gambling.

That's not to say it's a worthwhile use of the feds' time to go after the people placing the bets or there is any political will to do so, but they could.

 

[dirtyd]

Negative. The Wire Act is about accepting bets, not placing them.

 

[gldendog]

Haven't looked at it in a while, but pretty sure that if (i) you are physically located in the United States and (ii) transmit any information (or the site you're using relays it) across any U.S. interstate lines of communication (would include telephone lines or DSL/cable/broadband pipe), which is virtually a given, to bet on sports, the reasonable argument is that you're violating the existing patchwork of federal laws prohibiting sports gambling.

That's not to say it's a worthwhile use of the feds' time to go after the people placing the bets or there is any political will to do so, but they could.

Hahaha.

 

[LoveBurger]

Fox, Kraft, MLB, NHL, and MLS are among the investors of DraftKings

A couple kids from Columbia took the FanDuel/DraftKings model, eliminated the salary cap, and poof they have several million in funding.

 

[ericw]

Mindboggling this is legal, but traditional sports betting isn't.

If you allow betting on the outcome of games then you open yourself up to games being fixed.
If you allow degenerates to bet on stupid stuff like "who will have the most receiving yards" then all you do is create a nice revenue stream to collect $ from idiots.

 

[adp98]

If you allow betting on the outcome of games then you open yourself up to games being fixed.
If you allow degenerates to bet on stupid stuff like "who will have the most receiving yards" then all you do is create a nice revenue stream to collect $ from idiots.

http://espn.go.com/chalk/story/_/id...transparency-integrity-daily-fantasy-industry

 

[adp98]

Eric, with the money these guys make I don't buy the "opening yourself up to being fixed" argument. Gambling has been around as long as prostitution. The argument you're making sounds like an old guy yelling, "get off my lawn". It's naive and sounds like what people who own casino's argue when discussing taking it mainstream. Athletes can already place large wagers if they want to alter the outcome of a game. You can already legally place wagers in the US, loads of off shore options exist as well as the neighborhood guy. Those seeking this type of action can already find it.

 

[spg109876ers]

nm

 

[spg109876ers]

nm

 

[ericw]

Eric, with the money these guys make I don't buy the "opening yourself up to being fixed" argument. Gambling has been around as long as prostitution. The argument you're making sounds like an old guy yelling, "get off my lawn". It's naive and sounds like what people who own casino's argue when discussing taking it mainstream. Athletes can already place large wagers if they want to alter the outcome of a game. You can already legally place wagers in the US, loads of off shore options exist as well as the neighborhood guy. Those seeking this type of action can already find it.

Yawn

 

[HereComeTheCats]

Now, you don't even have to affect the outcome of the game, you just need to affect "your" guy?

 

[spg109876ers]

nm

 

[adp98]

People who want to fix a game will fix a game. There is significantly less incentive to do so today. Making gambLing more legal does nothing to change that fact.

 

[spg109876ers]

nm

 

[NickleDimer]

People who want to fix a game will fix a game.

This is a tremendous rhetorical tool. Apply it to any situation where you want to argue against a law that doesn't fit your (or your clients') tastes.

"People who want to _______ will _____."

People who want to shoot people will shoot people.
People who want to pay lower taxes will pay lower taxes.
People who want to use PEDs will use PEDs.

 

[adp98]

sports gambling is already legal in the US. Just not in all 50 states. Silly and insulting to suggest this about my clients tastes. Yoy can already gamble everywhere. The fact it's not legals everywhere but only where the politicians tell yoy demonstrates the silliness. It's actually the exact opposite of what you suggested. We got a political law on the books to favor the few who lobbied the gov. Silly and eventually will be repealed.

 

[spg109876ers]

nm