DraftKings/FanDuel

It says other employees play, not that they have insider information.

It's not clear what "insider" information is. It's not like the sites know what points will be scored on Sunday.

I don't see why using data collected by one site to bet at another site is illegal or even shady. It is data available to anybody.....collective wisdom is not something that can give you an edge in fantasy football. There are too many variables in play.

Bledsoehasaring said:

2. You mention team owners as investors.. You say i didnt know that robert kraft and jerry jones were among them.. You posted this info on a patriots fan forum. How on earth is anyone suppose to take this? If we are not suppose to take it as a "scandal" as you put it, Involving a site that has nfl owners as investors,but you never knew or are not sure if jerry jones and robert kraft are invloved with that site than why not just say what really happened? One dude used info on draft kings to bet on fanduel. Fencer thats what happened. So you can imply that im dumb all you want but you are the one making a mountain out of a mole hill.

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The lady doth protest too much, methinks.

Bobsyouruncle said:

It's not clear what "insider" information is. It's not like the sites know what points will be scored on Sunday.

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Nunchucks said:

I don't see why using data collected by one site to bet at another site is illegal or even shady. It is data available to anybody.....collective wisdom is not something that can give you an edge in fantasy football.

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Here's an excellent explanation of what insider information is available and why it's valuable. The capsule answer is that in a pool of many thousands of bettors, portfolio uniqueness is key. So a breakdown of how many other bettors own a particular player is an enormous edge. (The sites publish that data after the fact, but the scandal erupted when an employee was shown to have it ahead of time...and won another site's jackpot.)

http://www.legalsportsreport.com/4548/draftkings-data-leak-faq/

I don't see how this is any more of a scam than playing in a money league, except for more money and every week...granted, I don't know the game mechanics. I just assume it's regular fantasy football.

Commissioner Rozelle will put a stop to this...oh wait...

Hopefully, when it starts to become clear that the payout for fantasy betting is a lot more complex than simply picking the players that are most successful on a given Sunday, people back away from this.

Fantasy football has been one of the worst things to happen to the sport. It promotes the "stars win games" belief system that former NFL stars now in service for ESPN insist is the reality because it feeds their unquenchable ego needs. It causes young players to see the game as about celebrity, rather than hard work, teamwork, and sacrifice for the greater good. It discourages an intelligent understanding of the game, as in Take Your Eye Off The Ball.

It is the antithesis of Patriots football, and encourages the belief that the Patriots must be cheating (because they win so often but don't promote the star system.). How could the Patriots consistently win, when they don't have Megatron/Dex/a star RB (etc.)?

Now get off my lawn!

Bill Lee said:

You have to be a fool to not see the amount of money being generated by these fantasy sites. The NFL has always kept a distance between itself and gambling but they've fully embraced DraftKings and FanDuel. I won't be one bit surprised when it all ends up in tears.

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Injury reports

Nunchucks said:

I don't see why using data collected by one site to bet at another site is illegal or even shady. It is data available to anybody.....collective wisdom is not something that can give you an edge in fantasy football. There are too many variables in play.

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It isn't available to everyone. Basically you can get great value from certain players if you know who the public is favoring. And as it turns out, the public plays similarly on each site, so if you have inside info at Draft Kings, that gives a great insight regarding what FanDuel users are doing..

FreeTedWilliams said:

During the initial on line poker craze, it was discovered that some people had either access to the codes or hacked them and were able to see everyone's hole cards ( which makes the game really easy to win). I wouldn't trust any of these gambling/fantasy sites, because as with any computer program, the data is there to be breeched, you just have to figure a way to get to it.

The real problem here is for the NFL* and its sponsors. I see Draftkings and FanDuel signage in almost every stadium and with BSPN and the commercials are endless. if it turns out that the NFL* was sending its fans to sites where they were being cheated, then it may be time to concoct another fake "Patriots cheated" scandal to move the birdy.

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Nothing says "integrity" like promoting gambling on your own league.

patchick said:

Here's an excellent explanation of what insider information is available and why it's valuable. The capsule answer is that in a pool of many thousands of bettors, portfolio uniqueness is key. So a breakdown of how many other bettors own a particular player is an enormous edge. (The sites publish that data after the fact, but the scandal erupted when an employee was shown to have it ahead of time...and won another site's jackpot.)

http://www.legalsportsreport.com/4548/draftkings-data-leak-faq/

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Right, because in fantasy the key is not to get the most points possible, just to score more points than the other players. If you know who they have that is a tremendous advantage. In my old league the guy who won almost every year would play out the end of the season by essentially mimicking the roster of #2 player in the league so that they would not gain any ground (when he was in the lead).

Well these companies makes lots of $$$$$$, they pay for LOTS of TV commercials. Lots of people losing lots of money.

this is a very big deal. for those of you who dont play fanduel and draftkings, you probably dont understand why this is such a big controversy.

just to try and explain why it is a big deal.

some of these tournaments have 500K entrants per contest. the payouts are tilted in a manner where the top .001% get major payouts.

so, lets start like this. a guy like Julio Jones last week was owned about 30% of the time. what that means: if he is on your team and he has 12 catches for 150 yards and 2 TDs. Thats obviously good. but the only problem is you dont gain a major advantage on the other 500K because 150K people have julio. now lets say you think julio and beckham are the top 2 options by far, maybe julio is a little better. but, beckham is only 3% owned. if he has a huge game and julio doesnt, 150K people are probably eliminated and only you and 15K people gain a major edge.

its almost impossible to win these things, but if you can gain edges at several positions every week (or night in baseball), over the long haul you have a major edge.

if you have a player at every position that is 10% owned or greater, you basically need every single one of your players to have the most ridiculous game ever, and you still might not win because everybody has these people. whereas if you can pick a few guys that nobody else has and they have huge games, there is a much higher probability you win, albeit still small. its insider trading. should be illegal and criminal

Dion Lewis was crazy cheap the first few weeks so he made me some money ($30-50).

Didn't win on Pats bye week.

It's fun. The commercials/constant advertising is NOT fun.

Bledsoehasaring said:

2. You mention team owners as investors.. You say i didnt know that robert kraft and jerry jones were among them.. You posted this info on a patriots fan forum. How on earth is anyone suppose to take this? If we are not suppose to take it as a "scandal" as you put it, Involving a site that has nfl owners as investors,but you never knew or are not sure if jerry jones and robert kraft are invloved with that site than why not just say what really happened? One dude used info on draft kings to bet on fanduel. Fencer thats what happened. So you can imply that im dumb all you want but you are the one making a mountain out of a mole hill.

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FWIT, I've been following this story fairly closely, and I didn't take Fencer's post to imply the NFL had a hand in it.

RayClay said:

Injury reports

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Injury reports are designed to get rid of insider information. They are anti-gambling in the sense that they are meant to remove advantages people inside the NFL would have over the public.

I don't know why the NFL should really care about this. It's not NFL employees, it's not effecting the actual game. If people want to blow money then have at it.

The easiest fix would be to follow the injury report model and just make that data public. But that's not really an NFL problem, it's a Draft Kings/Fan duel problem. If they can't prove the legitimacy of their game people will find someone who will.

This sure doesn't look good:

That's why i play only NFL* FF. No money exchanged...solely for giggles and bragging rights.

Bobsyouruncle said:

Injury reports are designed to get rid of insider information. They are anti-gambling in the sense that they are meant to remove advantages people inside the NFL would have over the public.

I don't know why the NFL should really care about this. It's not NFL employees, it's not effecting the actual game. If people want to blow money then have at it.

The easiest fix would be to follow the injury report model and just make that data public. But that's not really an NFL problem, it's a Draft Kings/Fan duel problem. If they can't prove the legitimacy of their game people will find someone who will.

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Since the league is taking a lot of money from both I think they need to worry about it. They are profiting from this "scheme".

#integrity

Bobsyouruncle said:

Injury reports are designed to get rid of insider information. They are anti-gambling in the sense that they are meant to remove advantages people inside the NFL would have over the public.

I don't know why the NFL should really care about this. It's not NFL employees, it's not effecting the actual game. If people want to blow money then have at it.

The easiest fix would be to follow the injury report model and just make that data public. But that's not really an NFL problem, it's a Draft Kings/Fan duel problem. If they can't prove the legitimacy of their game people will find someone who will.

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So, you somebody couldn't manipulate injury report data? What if you knew the QB of a team was hurt more than questionable and you bet on his replacement?