Draft Kings vs. FanDuel
- Thread starter Nova98
- Start date
"Where is the incentive for the guy playing that does not exist today? I know we can't have a serious conversation but what changes for the player? Yoy can already bet legally in Vegas. More people bettng changes nothing to the guy doing the fix. You still need someone to take the bet and pay out. You've got plenty of casinos in the us who do that today. Yoy aren't bettin against the betting public. Friday, I'll be in the baham as placing legals bets. It's a 30 minute flight from Florida.
NickleDimer
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gr8 argument. Why legalize pot? You can already use it in Colorado and Florida. You've got plenty of dealers already. Nevermind that regulation is preventing the market from reaching it's fullest potential.
NickleDimer
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I don't see how these issues are that different.
Can't the gov't take their cut of legalized gambling? And aren't AC/Vegas/Indian interests lobbying hard against it?
NickleDimer
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If gambling is legalized, presumably people...
a) wouldn't have to go to A/C or an Indian casino to place bets (there's already ROBUST online platforms)
b) wouldn't have as much money to spend on traditional casino games
a) wouldn't have to go to A/C or an Indian casino to place bets (there's already ROBUST online platforms)
b) wouldn't have as much money to spend on traditional casino games
so shady. these guys can just take the info from their site, identify the market inefficiencies, and take advantage of these inefficiencies on the other marketplace. this is the very worst aspects of HF/electronic trading now brought to fantasy football.
We're talking about two seperate issues. Casino gambling has now available everywhere. The horse is already out of the barn. So you're late to the party on that one. 2nd, this is sports betting. Yes, the people who are against would with a vested interest in Vegas or those against a specific project that would take their marketshare.
Indian tribes, like AC- or non-NV focused casino operators, absolutely want legalized sports betting, since their properties are concentrated outside of the one market where it's legal (NV). I doubt the table games and slots would be hurt by that, would make the pie bigger.
If they had their druthers, they'd probably not want the online market fully blessed and regulated though, better to get people in the house since they have the properties, but would I'd think accept it on or offline at the end of the day.
Those with a heavy focus on the NV market want the status quo -- and they even hate the daily fantasy stuff as became apparent at a conference this week. Clear they see the potential (if not effects already) for it to drain some of their target market at least on the margins, no way it helps them. The all-out ad blitz by the two sites this NFL season I'd bet is really driving new users.
If they had their druthers, they'd probably not want the online market fully blessed and regulated though, better to get people in the house since they have the properties, but would I'd think accept it on or offline at the end of the day.
Those with a heavy focus on the NV market want the status quo -- and they even hate the daily fantasy stuff as became apparent at a conference this week. Clear they see the potential (if not effects already) for it to drain some of their target market at least on the margins, no way it helps them. The all-out ad blitz by the two sites this NFL season I'd bet is really driving new users.
Reid retires next year. I just had lunch with someone who runs the GR for one of the major sports. Of course we talked about this very issue. What you have are two completely unregulated sites mentioned in the thread topic. So what will be interesting will be to see the anti-gambling people try to make this about gambling and the pro gambling people will use it to say we need to legalize and regulate. Be interesting to see this develop. The fantasy sports association, which i"m not sure is actually a real thing, will come out and talk about how they will create some rules/code of conduct.
NickleDimer
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If sports gambling was fully legalized, you would not drive to bumf*ck indian casinos to do it. And if you can wager on sports from your couch... why drive there to play sh*tty table games? You can bet the over on Tony Wroten's 2nd half turnovers in a March blowout loss!!
ND its more than likely it will be legal "in real life" before online. That is what Christie had been threatening... accepting bets at Monmouth and the Meadowlands in addition to AC. Then he backed off.
At some point, yes full online legal but probably a window of time where it will be at physical locations only.
At some point, yes full online legal but probably a window of time where it will be at physical locations only.
If it were expressly legal in casinos/not online, as is the case now in Vegas, people absolutely 100% would be doing so at Indian casinos, and they'd be killing it there, as they do in Vegas for March Madness, NFL, etc. And as I said of course they'd rather have that than also online as an option.
That said, if legalized online as well, the Indian casinos would quickly put up robust online platforms too and get their share of the sports marketplace. I also don't think it would hurt their table/slots business too much -- people who might go to a casino outside of NV now are not likely to just bet on sports at home instead. As it stands now, Vegas, offshore and black market operators are getting 100% of the sports action.
Also, there are plenty of Indian casinos that are not in bumblef---k areas, Phoenix has at least one, Mohegan Sun is close enough to a lot of people in CT and PA, I believe some in the Midwest as well.
When the poker boom happened the casino's initially fought against. Them they realized they could use their brick and mortar facilities to capture marketshare and they were too late to the party. If they had acted sooner they would not have left money on the table and ultimately it all got shutdown. They have learned from that experience.
Casino's are now in major cities. Go up and down the NEC and just look at the major Amtrak stops. Washington will have one soon, already some in the outskirts, Baltimore has two, Delaware has some, Philly has some, Trenton has one and it's only a matter of time before NYC gets one. They are everywhere. ND must not get out much.
NickleDimer
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Why use regulation of SINFUL activities like gambling and drinking to funnel the revenues to a connected few? (Other than because ADP Inc. helped you pen some legislation to do so and took you golfing)
NickleDimer
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your response doesn't make any sense. Casino's are in fact up-and-down the East Coast. What is your point? Why just not say, you were wrong and didn't realize this fact. It has nothing to do with me.
It's hard for most athletes, pro let along college, to sneak away and place a bet in Vegas. Not as hard using some intermediary (who would be breaking the law) and with the conspiracy that's how most people get caught. So playing devil's advocate, having it online does make it easier to fix games. Having more physical locations (e.g., any casino anyplace) makes it easier to fix games.
Not to say a player couldn't just do it offshore though anyway, harder to regulate, so the pro side can play that angle.
Not to say a player couldn't just do it offshore though anyway, harder to regulate, so the pro side can play that angle.
think this entire thing is overblown. am I wrong in stating that there are really no facts out yet and its all just speculation that this guy MAY HAVE HAD inside info? not to mention, the guys you play still have to perform.
I still don't even see who would care THAT MUCH about the percentages. for example, IIRC the million dollar Fanduel winner from this past weekend had Karlos WIlliams in the lineup. he was owned in ~50% of leagues.
I still don't even see who would care THAT MUCH about the percentages. for example, IIRC the million dollar Fanduel winner from this past weekend had Karlos WIlliams in the lineup. he was owned in ~50% of leagues.
NickleDimer
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Yes. You can bet on the game at the stadium. Regadless, let's get back to my question. Do you really believe what yoy're you're typing or just playing your role?
NickleDimer
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NickleDimer
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NickleDimer
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My guess about sports betting is that though native american territory are "sovereign nations", they still must play nice with state/local/feds. They have gentleman's agreements around how much they'll exploit that status. In theory, they could charge waaay less for cigs and gas ($4.25/pack is state tax in NY, $.64/gallon is tax), flaunt all sort of other laws. This is just speaking from following the evolution of the Oneida Indian tribe in NY.
Good post. I guess the State/Feds pay for highways that lead to the doorsteps of these casinos. They proably have to play nice in teh sandbox.
That being said, why wouldn't a Mohegan Sun (not that far from Manhattan) just say, "F it," and open a sports book. Let the government come after them. Make some more wompum for the tribe.
That being said, why wouldn't a Mohegan Sun (not that far from Manhattan) just say, "F it," and open a sports book. Let the government come after them. Make some more wompum for the tribe.
Yes, and for awhile you could buy them online. Not sure if the Feds cut down on that.
