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  • DFSchat

    How are these sites ever going to lower the rake if they are forced to pay referrers for life?

  • KindGuy

    I agree. Never made sense to me. Tons of referral money needs to be paid out which has to be a reason why the rake keeps on rising. Can DK and FD cut down on the referral programs and maybe lower the rake?

  • DFSchat

    Too late for DraftKings, Fanduel, and FantasyDraft. Flawed business models. Yahoo could crush them easily by lowering the rake to somewhere around 3-5%.

    Salary Cap formats are all but dead anyways.

    Draft has potential, but the first pick is a huge advantage on some slates so they have issues as well.

    Industry is going to look a lot different in 5 years.

  • Srmustangs

    The other way to look at it is an affiliate who brings DK a customer costs DK nothing. It is how the business was built. Spending tens of millions on advertising and say paying 100 bucks per acquired customer ( I’m guessing) is why the rake is high. Many affiliates have innovative ways to acquire customers that DK don’t do. Would you rather pay 25% commission on a paying customer or pay nothing on no customer? I’m sure you might say well they would have signed up on DK anyway but that is not true. I think DK has stunted cheap growth by totally killing the refer a friend and affiliate business with how they have treated it. No big affiliate marketers market it anymore. Sure DK is now a household name but free growth have been stunted by pissing on affiliates.

  • BeltWieldindad

    110% chance OP has 0 referrals

  • DFSchat

    @Srmustangs said...

    The other way to look at it is an affiliate who brings DK a customer costs DK nothing. It is how the business was built. Spending tens of millions on advertising and say paying 100 bucks per acquired customer ( I’m guessing) is why the rake is high. Many affiliates have innovative ways to acquire customers that DK don’t do. Would you rather pay 25% commission on a paying customer or pay nothing on no customer? I’m sure you might say well they would have signed up on DK anyway but that is not true. I think DK has stunted cheap growth by totally killing the refer a friend and affiliate business with how they have treated it. No big affiliate marketers market it anymore. Sure DK is now a household name but free growth have been stunted by pissing on affiliates.

    If it was 1943 I would agree with you. It’s almost 2018. It costs nothing for people to communicate. DK has wasted so much $ on promoting their site. Nothing proprietary, when everyone leaves for the next best site, they will be the MySpace of DFS

  • DFSchat

    @BeltWieldindad said...

    110% chance OP has 0 referrals

    How do I upload an image on this site? Fire one of the touts and upgrade the forum guys! Should be able to upload images straight from phone…

  • BeltWieldindad

    This just in, blank troll account blames everyone who plays higher stakes than him/herself for lack of success

  • DFSchat

    @BeltWieldindad said...

    This just in, blank troll account blames everyone who plays higher stakes than him/herself for lack of success

    Are you changing the subject? Let’s revisit your 110% claim…

  • frUnk

    I highly doubt referral links are the only reason why they charge the rake that they do. If referral links went bye bye tomorrow, would DK lower their rakes? Highly doubt it.

    And until their contests stop filling and people leave because of the high rake, nothing is going to change, referral links or no referral links.

    And I’d bet a big portion of people who play DFS don’t even care about the rake, not everyone is trying to make DFS their job. People who have some expendable cash are trying to turn $20 into $1 million cash, they don’t give a damn about the rake percentage.

    Only people who care about the rake are people trying to make a sustainable living off DFS. The average guy just wants to try and win big, even if the chance of that happening is minute. And there are more people playing for fun or casually than there are people playing for a living successfully. And this is why the referral link will never go away, because they need to keep finding new casual players to replace the ones who leave.

  • jokerswild22

    Didn’t DK change their referral program and eliminate players who don’t play for a 90 day period? I feel like there was a big movement within the last year or so where a change like this happened and got people shook up.

  • sochoice

    • 2017 DraftKings FBWC Finalist

    • 2017 FanDuel WFFC Champion

    They aren’t going to lower the rake, so I’d advise stop spending any energy on it. Or start up a competing DFS site that charges 5% rake and see how well that works out.

  • Srmustangs

    Yes they totally screwed over affiliates and the refer a friend program. Claimed by doing away with refer a friend commissions they would have a better up front ticket policy. It has been a lie. Nothing beats getting 25% of someone’s 25 dollar deposit. Sure you can say you are lucky to get anything but there is no incentive to market. I bet no one refers anyone these days and not many affiliates do d it worthwhile to try to market after DK as usual moves the goalposts. I dont get it. I assume DK has a long term goal of going public and the optics of having as many users as possible especially in relation to fan duel is very important. But they must think otherwise. With higher rake, poorer customer service, frequent awful customer experience with scores not updating, bad stats, misleading referrers and affiliates there is really a hole for someone to come in and push them as they have handled most of the legal stuff. Would love to see who that can be.

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