Fanduel - Straight up? Step inside......

[p00h 85]

It is ridiculous to think this was a relatively isolated incident. Im not saying you said that, just in general knowing how people are, there has to be a me too mentality in these work places. Joe fanduel made a ton of money off of the other sites, why shouldnt i get a piece of that pie? I am a little surprised that the higher ups promoted this type of behavior. Even if they didnt outwardly promote it they knew what was happening. The entire idea was genius, yet they didnt have the forsight to see this as a potential catastrophic issue?

 

 

All you need to do is take a look at who built these companies, and where they are looking to staff the ever growing business. It's a lot of ex poker players, and likely a whole lot of people involved in sports gambling one way or another. This group, at the risk of generalizing, are degenerates. They have a mentality of getting over on whomever, whatever, at any chance they get. They live for the moment. Most likely believe this magical gravy train will be derailed at some point, let's get what we can out of it ASAP. Hence the wrong doings. The higher ups are too distracted by all the investments flowing in. They're all dreaming about the day they go public and each one cashes out 50 mil or whatever to see what's happening. And even those that see it don't care, because their background is from shady industries where the whole game is about finding unfair advantages against suckers. End of story. From everything I'm reading, these businesses are staffed by gambling industry scum. Even though these are now legit businesses that will one day possibly be worth 10s of billions of dollars, you can't change the mindset of the people working there. They will likely at some point have to clean house and hire some real business people. But then again, wall street scum is as bad as degenerate gamblers, so who knows. Bottom line is, in these types of industries, you're going to get degenerates doing degenerate things.Read up on the legal books in Europe, and how they got infiltrated by global mafia type syndicates throwing soccer games and what not. Where there's a lot of money flowing and not very tight regulations, you'll see this type of behavior...

 

Bottom line is this, if you're not on the inside, you're the sucker feeding the system. Plain and simple. Sure anyone can hit that jackpot, and having insider info on which played is owned in what % is not automatically going to give you the edge. You can pick up tampa bay's 3rd WR, doesn't mean he'll perform, but over time, that insider info will lead to significant advantages. Numbers don't lie, upwards of 70% of the money paid out is going to 1.3% of the the field. That's insane, by any accounts. It's rigged. Or the pros are so good at what they do you still have no edge. SO bottom line is this, if you want to engage in this because it's a form of entertainment to you, figure out what your price fore that entertainment is. Other than that, iof you have delusions of grandeur of winning that 2 mil prize, you might as well put in 12 team parlays for 10 bucks, same thing.

 

I think they'll get regulated a bit tighter, but won't stop anyone from cheating. Same as how wall street is regulated. All this ###### is built to milk money out of suckers. Remember the ever ominous poker saying. If you sit at the table and can't ID the sucker in a matter of minutes, guess who the sucker is. Well that 1.3% of the field that's taking down 70% of the money is looking out at a vast sea of suckers, and that number ain't gonna diminish anytime soon. Ask yourself if you really want to be that sucker...Being the forum this is where I'm posting this, odds are there are far more suckers here than not. But hey, your money, your life...

[Maulers1973 117]

I would also like to see more GPP games with single entry limits especially at the low entry points. Heck, even games with a reasonable limit such as 10 entries would be better than a limit of 500 and such.

 

I wish I had the money, software and know-how to build my own. It would be 100% transparent.

[Filthy Fernadez 2,696]

I would also like to see more GPP games with single entry limits especially at the low entry points. Heck, even games with a reasonable limit such as 10 entries would be better than a limit of 500 and such.

 

I agree 1,000 %.

 

Of course that won't happen though. They are relying on the low number of those types of tourneys to funnel more sheep to the slaughter.