Sports Books

Hey look a dedicated forum for sports stuff, sanctioned by the President of Sports.  Hail Shiva.
Leisher
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Sports Books

Post by Leisher »

Bill Burr already went off on Draft Kings once because they used to advertise on his podcast and he'd always tell his listeners to be careful because it's gambling. They objected to being called a gambling site and pulled their ads.

Now Scott Van Pelt of ESPN has weighed in with the same opinion.

What's interesting about that is:
-Draft Kings is a big advertiser on ESPN.
-ESPN owns 10% of Draft Kings, and had wanted to own it all.
-The NCAA has been coming down on ESPN for covering gambling related to their sports.
-Disney owns ESPN and doesn't want any part of the gambling business.
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Post by Leisher »

Insider trading scandal involving Draft Kings and FanDuel.

Well, I am SHOCKED. Shocked I say!

No, but really, who didn't see this coming?
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Malcolm
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Post by Malcolm »

As originally reported by Chris Grove of Legal Sports Report, DraftKings writer Ethan Haskell allegedly used information about which players DraftKings participants drafted to turn a $25 entry fee on FanDuel into a $350,000 prize. In short, Haskell allegedly possessed “insider” knowledge about the draft results of thousands of DraftKings participants in DraftKings' “Millionaire Maker” game. He apparently knew, for instance, which players had been overlooked at relatively high statistical rates.

Interesting. This was something that I considered looking into in terms of data mining when one of my leagues folded this year. But...
The bottom line: DFS appears legal under federal law because it is mainly about skill...

If by "skill" you mean "the ability to research and analyze." Games like these aren't about skill, they're about what you know and how lucky you get. If you're playing chess with a dude that doesn't know what the fuck castling is, then you're at an advantage. Likewise, if I'm some scrub working for just the right company -- FanDuel, DraftKings, ESPN, NFL -- I might get early info about player X not making his concussion protocol tests. If that shit isn't published to the world at large, you're cheating. It gets muddier when player X just barely passes the tests but the team injury report just says "passed." Can he play 100%? Is he going to be a decoy? That's betting on the odds. In order for that to be fair, everybody has to have access to the same info. Either way, it's gambling. One version is a hell of a lot more fair, though.
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Leisher
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Post by Leisher »

http://espn.go.com/chalk....ambling

Nevada rules it gambling!

Yes! Now other states can follow suit and we can get rid of all those stupid fucking commercials.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
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Post by TheCatt »

Leisher wrote:http://espn.go.com/chalk....ambling

Nevada rules it gambling!

Yes! Now other states can follow suit and we can get rid of all those stupid fucking commercials.
Funny, you don't want Ohio to create a monopoly on marijuana, but you're OK with Nevada creating a gambling monopoly?
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Post by Leisher »

First of all, this is clearly gambling, not a "skill" as they've tried to claim.

Second, anything to get those fucking non-stop commercials off the air.

Third, how does Nevada ruling on this create a monopoly on gambling? Atlantic City has a sports book. I use offshore gambling. Most states have casinos (Ohio's casinos are a monopoly.). Etc.

Plus, the ruling states they have to register and be regulated, which isn't a bad idea considering their recent scandal. That's not putting them out of business, so where's the monopoly?
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
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Post by Malcolm »

First of all, this is clearly gambling, not a "skill" as they've tried to claim.

First of all, Vegas can suck a cock because what they consider "skill" is as much of a joke as what DraftKings does. Vegas is the town of assholes that used to black list you for counting cards.

However, it's totally gambling.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
TheCatt
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Post by TheCatt »

Leisher wrote:First of all, this is clearly gambling, not a "skill" as they've tried to claim.

Second, anything to get those fucking non-stop commercials off the air.

Third, how does Nevada ruling on this create a monopoly on gambling? Atlantic City has a sports book. I use offshore gambling. Most states have casinos (Ohio's casinos are a monopoly.). Etc.

Plus, the ruling states they have to register and be regulated, which isn't a bad idea considering their recent scandal. That's not putting them out of business, so where's the monopoly?
Just making sure those sports books, who pay money to the Nevada commission get the money, instead of new companies.
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Post by Leisher »

Well, it might be a monopoly there, but nationally it's not.

I, and apparently most of the U.S., am just so fucking tired of every other commercial being draft kings of one of their competitors. The fact that they claim to be a game of skill was grating as well because you knew that was their loophole.

Plus their advertising was such bullshit: "just pick your players and win!" Really assholes?

Bill Burr has an epic rant on one of his podcasts when they were advertising on it. He went off about their deceptive practices and how they just should admit they're a gambling site. They no longer advertise on his podcast.

Fuck them.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
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Post by Leisher »

“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
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Post by GORDON »

The show The League has been selling DK, as well.
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Post by TheCatt »

Leisher wrote:Well, it might be a monopoly there, but nationally it's not.

I, and apparently most of the U.S., am just so fucking tired of every other commercial being draft kings of one of their competitors. The fact that they claim to be a game of skill was grating as well because you knew that was their loophole.
Nationally, you can't bet on sports.

Are they being dishonest in ads? Sure.

Do they need some regulations/rules? Probably.

But I still don't want the government or the NFL to shut them down.
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Post by Malcolm »

It is skill based. Take a dude who knows nothing about football and throw him in a league with leish, me, and catt. We'd kill him in all likelihood. Problem is it's about 17 times more volatile than regular fantasy leagues. That's 17 times more luck you'll need. Drafting, which is all one-week leagues are, is all about info the available to everyone. Keep them legal if and only if they publish all numbers germane to drafting. Who's selling for what that day, owned by X people, etc. If the stats are public, you cannot cheat and it's still got enough skill involved for me to let it slide. They should also publish anonymized, aggregated totals of average cash wins and losses. Details, bitches.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
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Post by Leisher »

I know Malcolm linked this in the NFL thread, but it's more appropriate here.

New York rules these sites illegal gambling.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
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Post by Leisher »

“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Malcolm
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Post by Malcolm »


They might have them.
DraftKings and FanDuel have also argued that daily fantasy is a game of skill rather than chance, though that argument is less applicable in New York because the law requires there to be only an element of chance for it to be considered a game of chance.

Unless you got the game plans of all the head coaches in hand, you're taking some kind of chance.

Now, as for the federal law...
One of these exemptions from the UIGEA prohibitions is for fantasy sports that meet certain criteria. Specifically, fantasy sports that are based on teams of real multiple athletes from multiple real world teams, that have prizes established before the event starts, that use the skill of participants to determine the outcome, are exempted from the definition of a bet or wager that is the basis for requiring banks to identify and block funds transfers. According to Congressman Leach, an author of the UIGEA, exemptions, particularly one for fantasy sports, were included to relieve the burden of enforcement on banks and the UIGEA does not make fantasy sports legal.

A typically ill-written piece of legislation. Is it a demonstration of skill or luck to have predicted Kirk Cousins would have outscored Cam Newton last week? Is it skill or luck to have predicted Ted Ginn, Jr. going on his 3-week 2-TD streak? Is it skill or luck I drafted Russell Wilson and hung on to him until he started throwing lightning bolts right around fantasy playoff time? Just amend the fucking law and say "fantasy season league must be x% of the real season length." It's retarded that Congress has to define that kind of thing but since we're already in balls deep, why not.




Edited By Malcolm on 1451680674
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Malcolm
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Post by Malcolm »

Illegal in Texas.
Paxton, however, said that traditional fantasy sports leagues, those played over the course of a season, are legal under Texas law.
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Malcolm
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Post by Malcolm »

Payment company stops working with sites.



Edited By Malcolm on 1454101011
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Malcolm
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Post by Malcolm »

Sports dude breaks down why FanDuel and DraftKings are scams for the vast majority of the users.
“Your average Joe sees a commercial for daily fantasy sports, signs up, plays and loses,” Harber wrote. “He has no idea his games are being sniped by professional power users with access to automated processes and optimization software. He has no idea that the large-field tournament he’s playing in features power users with hundreds of unique lineups, all optimized using third-party software. In truth, D.F.S. is more like the stock market, with athletes instead of commodities. No new player attempting to trade stocks has any shot at success without a sizable amount of training.”

Power users with multiple accounts are destroying 90% of the competition.
Last March, when maxdalury, a player named Saahil Sud, used a script that enabled him to adjust most of his 400 lineups in less than an hour, the community took notice. Sud was reacting to the breaking news that Channing Frye, usually a reserve forward for the Orlando Magic, would be starting in place of the injured Nikola Vucevic. Sud won first, third, fourth and seventh place in a big DraftKings competition that night and took home hundreds of thousands of dollars. The speed with which he made the adjustments caused many within the D.F.S. community to protest. How could they be reasonably expected to compete if one of the players was using a tool that allowed him to both blanket the field with entries and avoid the work and hassle of manually adjusting his lineups to reflect late-breaking news? What’s worse, these scripts were not supposed to be used under DraftKing’s terms of service.

In July, after months of review, instead of banning scripting, or at least forcefully regulating it, as the D.F.S. community would have liked, both DraftKings and FanDuel announced that they would change their policies to permit some scripting.

With under the table consent from the website owners because, well, they aren't IT geniuses.
Sacco also said that one reason FanDuel allowed some scripting was that the company could not completely stop it. This confirms the suspicions of many in the D.F.S. community who believe that DraftKings and FanDuel do not regulate scripts because they have become so sophisticated that the companies simply don’t know how to detect or disable all of them.
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Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
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Re: Draft Kings

Post by Leisher »

Here comes the inevitable Congressional intervention.

Can't do shit unless Congress gets a piece of the action!
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
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