Draft Kings/Fanduel Scandal

[Jim Schue]

News article said last week was their best week ever for both of them.

 

Thus somewhat proving that whole mantra of "any publicity is good publicity." Probably made tons more people aware and curious.

[PurplePride92]

Department of Justice, FBI in preliminary stages of investigating daily fantasy sports

[ggclfan]

Never good when the DOJ or FBI knocks on your door...

 

I have never done DK or FD but have thought about checking it out...I think I will wait until investigation is over now...

[littleluck55]

I wonder if it turns out like Internet poker and the assets get frozen. I don't think I will keep much money in there.

[PurplePride92]

I wonder if it turns out like Internet poker and the assets get frozen. I don't think I will keep much money in there.

 

I remember that. Seems like they gave people time to get their money out but I could be mistaken. I didn't have much in my poker account but I seem to remember getting an email or a notification to cash out.

[PurplePride92]

I saw on the ESPN bottom line that it is illegal to play in Nevada effective as of today as it is seen as gambling and they have no license. I wonder how much longer for everyone else.

[ggclfan]

I saw on the ESPN bottom line that it is illegal to play in Nevada effective as of today as it is seen as gambling and they have no license. I wonder how much longer for everyone else.

Not sure but I think Nevada is a different animal for obvious reasons.

[PurplePride92]

Not sure but I think Nevada is a different animal for obvious reasons.

 

Truth.

[UKMustangFan]

This whole thing is going to be a 30 for 30 down the road....The Rise and Fall of the Daily Fantasy Empire. :lol2:

[HammerTime]

I remember that. Seems like they gave people time to get their money out but I could be mistaken. I didn't have much in my poker account but I seem to remember getting an email or a notification to cash out.

 

They did and you would get time to take your money out.

[littleluck55]

They did and you would get time to take your money out.

 

Not if your money was in Full Tilt. They froze funds in 2011 and it took 3 years for some people to get their money back. They still haven't cashed everyone out yet.

 

Online poker players get $76 million back after site's 2011 closure - Feb. 28, 2014

[NEERFAN]

I listened to some top DFS guys today and they brought up stuff I had never heard of. I figured every lineup was manually entered and come to find out many sharps have programs that enter all their multiple lineups. They also said they have programs that allow the to seek the weaker players. I did agree that the multi entry tournaments need to go. Sure it would lower the pots but it would level the field.

[littleluck55]

I was watching the WSOP the other day on espn, and they were talking about how a lot of the poker players are making a living now playing fantasy sites like Draft Kings.

[HammerTime]

I listened to some top DFS guys today and they brought up stuff I had never heard of. I figured every lineup was manually entered and come to find out many sharps have programs that enter all their multiple lineups. They also said they have programs that allow the to seek the weaker players. I did agree that the multi entry tournaments need to go. Sure it would lower the pots but it would level the field.

Some guys put as many as 100-200 lineups in a tourney.

[Clyde]

Neither of these will be able to advertise during the NCAA March Madness.