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  • Joe1Coal

    Adam Silver: “Daily Fantasy is a cousin of gambling.”

    Interesting commentary. Worth a listen. www.wfan.com, the interview with Mike Francessa should be posted sometime in the next hour.

  • tprokopenko

    Haven’t listened to it yet, but can’t really argue with that quote. Silver has voiced support for legalized gambling, so not exactly a negative.

  • Joe1Coal

    @tprokopenko said...

    Haven’t listened to it yet, but can’t really argue with that quote. Silver has voiced support for legalized gambling, so not exactly a negative.

    Not a negative. Just interesting that the head of the NBA would say that when they have a deal together.

  • britdevine

    • 2014 StarStreet MLB Playboy Mansion Finalist

    Of course DFS is gambling..skill gambling just like poker as you play others not the house

  • tprokopenko

    @Joe1Coal said...

    Not a negative. Just interesting that the head of the NBA would say that when they have a deal together.

    In the past, he has straight up said that gambling is good for the NBA, so even the acknowledgement of the DFS industry is a pretty good thing.

  • Joe1Coal

    @tprokopenko said...

    In the past, he has straight up said that gambling is good for the NBA, so even the acknowledgement of the DFS industry is a pretty good thing.

    I thought it was good that he dropped the Fan Duel name on that big of a radio/TV show audience. Even if they have commercials, it’s a bigger thing for him to say it.

  • hambazaza

    RG Blog Program Manager, 2014 RG Party Beer Pong Champion

    • Blogger of the Month

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    well duh. he’s got a guy on the board of fanduel. of course he’s going to drop a name

  • Joe1Coal

    @hambazaza said...

    well duh. he’s got a guy on the board of fanduel. of course he’s going to drop a name

    Wouldn’t it have been easier to ignore rather than act like it was hugely common knowledge? Sorry, I don’t work all day and wonder if Adam Silver has a board member at fanduel.

  • nymjjb

    Whenever the word gambling is used with dfs its a bad thing in my opinion

  • ebsteelers

    isnt it 25% of the community agrees their is some of gambling “luck” involved in dfs, another quarter think its all “skill”, the 3rd quarter is just here to get fired up on the internet, the 4th 25% has a little bit of the first 3 in them.

  • LarsonLarsen

    @britdevine said...

    Of course DFS is gambling..skill gambling just like poker as you play others not the house

    .

  • depalma13

    DFS is like horse racing. It is a research driven gamble.

  • Cityworkout

    @depalma13 said...

    DFS is like horse racing. It is a research driven gamble.

    Horse racing isn’t skill based like sports betting and DFS. In horse racing you can’t really get a tangible data driven edge.

  • wideopen23

    @LanceS said...

    Horse racing isn’t skill based like sports betting and DFS. In horse racing you can’t really get a tangible data driven edge.

    Not true at all.

  • aboynamedsuh

    @LanceS said...

    Horse racing isn’t skill based like sports betting and DFS. In horse racing you can’t really get a tangible data driven edge.

    To the contrary, if you want to compare something in the “gambling” world to DFS, horse racing is almost the exact match to DFS. Anyone that has gone to a track/casino and bought a program would understand. You take recent result data, including track conditions and opponents, and try and predict a singular future event. It is as close a comparison as there is.

    The comparison to poker is pretty much absurd in my opinion. The similarities of the people attracted to it and the manner in which you play (before black Friday of course) where the only tangible similarities there. And bankroll management, but that is common in all “gambling.” Poker and DFS (the actual game) are complete opposites really.

  • Cityworkout

    Even then, how many people you hear can win in Horse Racing long term? I am pretty sure more people can win in DFS long term over Horse Racing.

  • einars

    @aboynamedsuh said...

    horse racing is almost the exact match to DFS

    you compete against the house and the house can change the rules (odds) whenever they want. dfs you compete against other players. big diff imo

  • slinkymaster

    By far the most ridiculous and weirdest argument around here is if dfs is gambling or not. Of course it is and there’s really no reason to be in denial about that.

  • depalma13

    @einars said...

    you compete against the house and the house can change the rules (odds) whenever they want. dfs you compete against other players. big diff imo

    You do not compete against the house in horse racing.

  • aboynamedsuh

    @LanceS said...

    Even then, how many people you hear can win in Horse Racing long term? I am pretty sure more people can win in DFS long term over Horse Racing.

    For every guy actually making a living at DFS (enough consistent profit to call it a working salary,) there are 100 doing it betting horses.

    The reason you don’t “hear” about it is because in DFS, there is a commercial every 5 seconds claiming the average Joe can win $1million with a $27 entry.

    You are either naive to how many people actually profit from DFS (an insanely small percentage,) or think the horse betting industry is somehow down to 1 track with 5 guys betting a guy with a notebook.

  • aboynamedsuh

    @einars said...

    you compete against the house and the house can change the rules (odds) whenever they want. dfs you compete against other players. big diff imo

    I don’t think you understand how horse racing….or DFS works. More specifically, how both make money. Rake. Rake. Rake.

    In DFS, the sites take in money from it’s players, pays out the winners, and takes a rake for themselves.

    In Horse Racing, the track takes in money from it’s players, pays out the winners, and takes a rake for themselves.

    They are both PREDETERMINED amounts. The odds in horse racing change so the buyins/payouts are close to equal. It’s not the track changing the “rules.” The money equals out on both side and the totals are posted for the public to see. The difference being the rake. The rake in the Milly Maker on a given Sunday is more than a normal track takes in for a week.

    And I believe only one of those industries has oversight watching what they do.

  • ebsteelers

    @aboynamedsuh said...

    For every guy actually making a living at DFS (enough consistent profit to call it a working salary,) there are 100 doing it betting horses.

    The reason you don’t “hear” about it is because in DFS, there is a commercial every 5 seconds claiming the average Joe can win $1million with a $27 entry.

    You are either naive to how many people actually profit from DFS (an insanely small percentage,) or think the horse betting industry is somehow down to 1 track with 5 guys betting a guy with a notebook.

    This.. and people have been doing it s lot longer too

  • Sol88

    @Joe1Coal said...

    Adam Silver: “Daily Fantasy is a cousin of gambling.”

    What about that is specific to FD?

  • eKing

    I believe DFS will be illegal some day and at the moment we’re just on the winning side of a loophole. Lack of interest kept the loop hole flowing. Now popularity is picking up. Government hates people having fun. Enjoy it while you can. :(

  • Putz

    @eKing said...

    I believe DFS will be illegal some day and at the moment we’re just on the winning side of a loophole. Lack of interest kept the loop hole flowing. Now popularity is picking up. Government hates people having fun. Enjoy it while you can. :(

    You seem jaded. The government enjoys revenue from taxes even more so.

  • probablymylastlogin

    You have to remember that Adam Silver is working hard to legalize gambling every where so it is in his advantage to point out that DFS is a form of legalized gambling.

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