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  • Baal

    http://www.nbcnewyork.com/news/local/DraftKings-Fanduel-Fantasy-Football-Sports-Daily-Site-Eric-Schneiderman-Attorney-General-351063191.html

    http://www.newsday.com/long-island/politics/spin-cycle/schneiderman-seeks-injunction-to-immediately-shut-down-fanduel-draftkings-1.11134115

  • Dmurphy104

    • Blogger of the Month

    Well, if anyone was against regulation, this should change their opinion. This is more damaging to Fanduel than the legality of the games themselves. They really need to clean house. those involbed in this policy need not be a part of the company going forward.

  • Steroid

    Find some data for online brokers and what % of their “actively trading” customers turn a profit each year. Go ahead, see if they publish it.

    A study found that the active traders for online brokers make the vast majority of money for the brokers based on their volume, and less then 10% are actually in the green in any given year. Of course, they would never broadcast it. Their job is to make trading as simple and fun as possible!

    Plus the usual gimmicks, like not using dollar signs by the stock price is a tactic that’s been used for years. Separating a fool from his money, remove any barrier that makes them think real dollars are on the line. Nice restaurants use this too. Lobster….. 64.00

    Rant over

  • soonerdawg

    does this mean what i think it means? Basically, “don’t do no obvious screwed up shit”?

  • sutogame

    @Revolution said...

    I’m actually extremely pissed for the ppl who took the time to come out to the rally. Rallying with the very employees that back stabbed them. They ought to get their ass kicked. I was the first to back these losers but now go AG

    They offered free coffee and donuts for the rally. They never made an incentive for people to show up. They really thought people would show up late to work for their cause. Also don’t forget while dk did make some media appearances fanduel never did and that statement is the reason why.

  • Avgplayer

    @Dmurphy104 said...

    Well, if anyone was against regulation, this should change their opinion. This is more damaging to Fanduel than the legality of the games themselves. They really need to clean house. those inv denim this policy need not be a part of the company going forward.

    Fanduel is done. Why would any player have loyalty to a company that allowed this.

  • sutogame

    We should all email support with that statement.

  • sutogame

    Lol where is Nigel?

  • Steroid

    The AG must have read Machiavelli this week:

    “A prince must make sure his subjects feel first priority. For once that goes, the majority will try to overthrow the kingdom”

    Checkmate AG?

  • jason18801999

    I don’t see the issue at all. It’s a game of skill.

  • letterj007

    @sutogame said...

    Lol where is Nigel?

    I will have to be convinced that this ‘policy’ was unique to FD.

    Buckle up big two…I wondered why the AG seemed so arrogant. I assume this is the tip of the iceberg and there is more to come.

  • mrchuffy

    Wow can’t believe that was actually something they sent out….

  • SA16

    I…don’t have a problem with the document lol. It also has zero relevance to the discussion of whether or not the games are “gambling” and violating state law. Whether or not employees are cheating is a different issue entirely. But as usual this is going to be something that blows up because once again people who can’t beat the games will use the document to say FD’s policies weren’t good enough and the reason they couldn’t win is because of inside information issues. Same thing that comes up time and time again.

  • gridironguru99

    @Avgplayer said...

    Fanduel is done. Why would any player have loyalty to a company that allowed this.

    I just withdrew my funds and emailed them asking to close my account , not sure who I trust at this point . At least yahoo is a publicly traded company with checks and balances . I may need to try them

  • Revolution

    @gridironguru99 said...

    I just withdrew my funds and emailed them asking to close my account , not sure who I trust at this point . At least yahoo is a publicly traded company with checks and balances . I may need to try them

    I’m absolutely moving my business to yahoo for the reason you mentioned. Feel 10x safer with them. Notice how the Ag has not mentioned yahoo

  • yeahthisiscuddy

    @gridironguru99 said...

    I just withdrew my funds and emailed them asking to close my account , not sure who I trust at this point . At least yahoo is a publicly traded company with checks and balances . I may need to try them

    This policy applied to fan duel employees playing on other sites. Shouldn’t you withdraw from those other sites instead?

  • bobbyrogers46

    @Revolution said...

    I’m absolutely moving my business to yahoo for the reason you mentioned. Feel 10x safer with them. Notice how the Ag has not mentioned yahoo

    He just got into Yahoo.

  • letterj007

    @Revolution said...

    Notice how the Ag has not mentioned yahoo

    AG targeted Yahoo today. They are next. It was mentioned in the NY Times article

  • Revolution

    I know yahoo will be safer than this bs. Atleast they’ve been established

  • yeahthisiscuddy

    @SA16 said...

    I…don’t have a problem with the document lol. It also has zero relevance to the discussion of whether or not the games are “gambling” and violating state law. Whether or not employees are cheating is a different issue entirely. But as usual this is going to be something that blows up because once again people who can’t beat the games will use the document to say FD’s policies weren’t good enough and the reason they couldn’t win is because of inside information issues. Same thing that comes up time and time again.

    How can you read that and feel comfortable you’re competing on an even playing field? If you’re such a big winner anyway already, this should make you mad because you could have been winning a lot more.

  • Dmurphy104

    • Blogger of the Month

    This should be more something used to justify regulation. It will harm Fanduel. It should have nothing to do with whether DFS should be legal.

  • Revolution

    @yeahthisiscuddy said...

    How can you read that and feel comfortable you’re competing on an even playing field? If you’re such a big winner anyway already, this should make you mad because you could have been winning a lot more.

    He’s deluding himself. He can’t accept the fact Fd is toast now

  • Revolution

    @Dmurphy104 said...

    This should be more something used to justify regulation. It will harm Fanduel. It should have nothing to do with whether DFS should be legal.

    My thoughts entirely. Screw fanduel. Yahoo just became the world wide leader for DFS

  • theoddsmaker

    @letterj007 said...

    AG targeted Yahoo today. They are next. It was mentioned in the NY Times article

    i see no problem in targeting companies for foul play but you don’t need to ban EVERYTHING because of it. If MGM casinos are found guilty of cheating their players you wouldn’t see then start banning ALL casinos, right?

  • letterj007

    @SA16 said...

    It also has zero relevance to the discussion of whether or not the games are “gambling” and violating state law. Whether or not employees are cheating is a different issue entirely.

    Ummmmmmmmmmmmm, no.

    Unfair trade practices that make the playing field unlevel would seem to violate state law and would be relevant (this assumes, of course, that this document is real).

  • bobbyrogers46

    @kingofqueens said...

    FanDuel Employee DFS Information and Playing Policy

    This policy details some of the issues related to FanDuel employees playing in Daily Fantasy Sports (DFS) contests on our competitors’ websites, issues related to information available to our employees, and our policies related to those issues. Please read this document thoroughly, and sign to indicate that you understand and agree to the policies.

    Goals: These outline what we’re hoping to accomplish by asking you (and other employees) to agree to this policy.

    -Limit ability of employees to exploit “inside information” such as the picks of top users, or the win rates of potential opponents.

    -Reassure any concerned site users that employees aren’t exploiting inside info.

    -Reduce chance of users questioning ability of employees to exploit inside info against them when they play on other sites.

    Principles: These are some of the factors that played into the specific set of rules that we’re asking you to agree to.

    -Playing on other sites helps employees do their jobs better

    -‘Do no harm’ through play on other sites, so users are less likely to be suspicious or angry.

    -Minimize internal flow of exploitable information where possible, so that there are fewer opportunities for exploitation.

    -We hire people we trust, so we don’t have any scandals.

    -This document should provide clarity to employees on what is and isn’t acceptable.
    Risks: These are some of the things that could go wrong if we didn’t have a policy or if the policy wasn’t followed.

    -Employees copying user’s picks. Although this is the one that users sometimes ask about, it isn’t much of a risk because the salary structures on each site are completely different. In addition, there are differences in scoring and roster configurations. At best, employees might get an idea of a player to research from a top user’s lineups…but that kind of information is available lots of places.

    Employees targeting weak users as opponents on other sites. This seems to concern users less, but is more of a real threat. In fact, in a sense, it is happening already. Information that is known can’t be un known, so it’s important that we put some controls in place to limit it.

    -Leakage of personal information (including win rate) of users outside of company.

    Internal Controls & Guidelines: These are rules about how you will treat confidential information.

    -Only discuss our users’ success and lineups where necessary. The less awareness of this information internally, the less chances for exploitation.

    -There is an expectation that employees will only look up info such as user lineups or user win rates where needed to do job.

    Rules for Employee Play on Other Sites:

    -Never be among the top five players by volume on any one site (based on site leaderboards). Never be among the top ten overall on the RotoGrinders leaderboard. Top players frequently become targets for accusations by other users.

    -Never account for more than 2% of entries in any tournament of more than 1,000 entries. Never account for more than 5% of entries in any tournament of more than 100 entries. Players who swamp big tournaments with entries frequently become targets of accusations.

    -Don’t be the 2nd person into a head to head contest against the same opponent in more than one contest per day. This rule will greatly limit the ability to exploit information about user performance, and will also limit the likelihood of complaints from users.

    -Never use information gained from viewing users’ lineups.

    -Seek to avoid playing anyone whose lineups you saw for that time period.

    -You must provide FanDuel with a list of your usernames on all sites where you play for real money. We may or may not choose to reveal your employment status and identity to those sites or on other industry sites.

    Additional Rules:

    -Do not play in real money contests on FanDuel for 12 months after termination of employment with FanDuel, regardless of reason for termination.

    I understand and agree to abide by the rules set out in this document.

    Printed Name__________________________________________

    Electronic signature or initials_______________________________________________

    Date________________________________________

    Below are the sites on which I play Daily Fantasy Sports for real money, and my user names on those sites.

    Site User name

    They some Dirty Dawgs

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