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  • JRobs

    DraftKings CEO

    DraftKings and DraftStreet Join Forces

    Today, we are excited to announce that DraftKings has acquired DraftStreet, bringing together the two best products in daily fantasy. For the past several days, we have watched as many speculated, not just about whether the rumors were true but also about the reasons why. Let me be clear on one point – the one and only reason why DraftKings and DraftStreet are teaming up is that we believe we are a better company combined than separate. Yes, userbase and liquidity will grow, but more importantly we are bringing together two great teams that will work hard to infuse everything you love about DraftStreet and DraftKings into one incredible experience. Please remember, of course, that this cannot happen overnight. Things like snake drafts, pick’ems, and an improved loyalty program as well as new sports like soccer are in the future plans, but these take time to create and will need to be prioritized along with the rest of the features we are working on. But rest assured that the plan is to bring all the great elements of DraftStreet over to DraftKings so we can deliver to you the most amazing experience in daily fantasy sports.

    Later tonight, we will be launching a process on DraftStreet.com by which you can migrate your account over to DraftKings. Once that is live, you will be able to access all of your funds immediately using this process, including withdrawals. Between now and then, please be patient with us while we get this up and running. As part of this launch, we will be offering any new DK players a 100% deposit bonus on transferred funds, and we will also be offering that bonus again when you make your first deposit on DK. For players who are already on DK, we will be offering you a 25% bonus on transferred funds if you have a DraftStreet account. If you don’t have a DraftStreet account, we will still make the 25% bonus available to you whenever you make your next deposit. Be on the lookout for an email with instructions on how to redeem it. If for some reason you don’t receive that email, just send a note to support@draftkings.com and we will send you a link to redeem the bonus.

    As always, if you have questions about your account, please contact support@draftkings.com. If questions are posted here, we will do our best to answer them, but please use the standard support channel for fastest response. The customer experience team will be working overtime all week in order to help respond as immediately as possible to any inquiries.

    In closing, I want to thank all of our loyal DK players and also welcome all the new DraftStreet players to DraftKings. Our work is never done when it comes to bringing you the best possible experience in daily fantasy sports, and joining forces with DraftStreet today is another huge step in that direction.

    - Jason

  • easternmh

    • x3

      Blogger of the Month

    @qnova34 said…

    http://www.forbes.com/sites/darrenheitner/2014/07/15/will-draftkings-purchase-of-draftstreet-be-a-bust/
    just going to leave this here…. if the part about DK lying about leaving DS open was true (seems pretty suspect) thats odd to say the least…

    That’s unfortunate if alot of that information is true I.E. former DS employee story

  • devo1099

    @alsmizzle said…

    If the most hard core of players like myself grew tired and frustrated with the pricing, I can’t imagine how a casual user would feel.

    Did you not win on Draftstreet overall?

    It seems like plenty of guys played across all platforms and while the pricing was more like a Rubix cube to mess with, the site also had plenty of action to take advantage of. If you weren’t a winning player there then I understand finding reasons why it was the site’s fault and not yours when you’ve had success elsewhere.

  • alsmizzle

    • 2013 RotoGrinders TPOY Champion

    • $1M Prize Winner

    @devo1099 said…

    Did you not win on Draftstreet overall?

    It seems like plenty of guys played across all platforms and while the pricing was more like a Rubix cube to mess with, the site also had plenty of action to take advantage of. If you weren’t a winning player there then I understand finding reasons why it was the site’s fault and not yours when you’ve had success elsewhere.

    I got a 1099 from DS last year.

  • kaetorade

    • 2013 DraftStreet DSBBC Finalist

    @alsmizzle said…

    I got a 1099 from DS last year.

    I think Devo meant, post 2013 DSBBC. I kid. You stole my glory in the dsbbc. Expect more jabs!!! :(

  • Galante118

    • Blogger of the Month

    @alsmizzle said…

    Look at from a real estate perspective. When people build new homes to sell, they want to put as many things that would have the greatest mass appeal in order to generate more bidders. The more people the home appeals to, the more prospective buyers you’ll have and therefore the higher price you can sell it for. Cape Cod, Mediterranean, Spanish style homes are pretty much the industry standard. They’re the most aesthetically pleasing to the most people and therefore go for the highest prices on their blocks.

    DS was the home that appealed to less of a mass market. It had concrete kitchen counter tops, travertine floors in the living room and iron I-beams for stair rails. The people who like that stuff, love it, but the builder isn’t going to get the highest price, because their home isn’t going to appeal to the vast majority of buyers.

    Basically, they made their system too precise and it wasn’t easy to log in, make a lineup and play that night. It was time consuming, sometimes very frustrating to make a lineup that you felt happy with. That’s not a good thing when it comes to appealing to the masses and/or the casual user/hobbyist.

    Look, I played on DS, I used to play there as one of my main sites (Hell, I qualified for the DSFC in 2012, the DSBC in 2013 and won the DSBBC in 2013 as well) but after a while I found that the pricing was too restrictive and stifled creativity in lineup building as well as being very time consuming. I could get WAY more action on FD and DK with half the time spent building lineups so I took my action to those sites (mostly DK).

    It doesn’t surprise me in the least that others had the same experience as well. If the most hard core of players like myself grew tired and frustrated with the pricing, I can’t imagine how a casual user would feel.

    Smizzle FTW

  • cbwilson25

    I play small $$ but really enjoyed playing across multiple sites to diversify lineup exposure. Usually played on 4 sites a night (DK, DS, SS and FD) and am sad to lose DS to my daily mix.

    I hope DB is right and that there is room for a 3rd competitor to enter the space. While I play FD regularly, I don’t really like their format and the thought of them continuing to exert more leverage in the industry is pretty scary.

    Will be interesting to see the full fallout here, we won’t know the full story for several months until we see what changes DK has in store and what, if any, DS legacy features will be carried over.

    Thought the ASB was going to be quiet around these parts …

  • hambazaza

    RG Blog Program Manager, 2014 RG Party Beer Pong Champion

    • Blogger of the Month

    • Beer Pong Champion

    @alsmizzle said…

    I got a 1099 from DS last year.

    lol understatement? one just needs to read your forum “under title” and realize that you’ve been doing more than ok on DS

  • cjhopkins07

    @hambazaza said…

    lol understatement? one just needs to read your forum “under title” and realize that you’ve been doing more than ok on DS

    Smiz wins DFS?

    Who knew?

  • fresh56

    @cb35 said…

    i think you get step 1 vouchers in DK free rolls. you are better off putting up some dough and playing $2 moon shot anyway since you if you win in one of those FR chances are you would have had a very high cash in a GPP.

    the step tickets is not good enough

  • stlcardinals84

    Leading RG Analyst

    • 2018 DraftKings FBWC Finalist

    • 2018 DraftKings FBBWC Finalist

    @fresh56 said…

    the step tickets is not good enough

    If you want these sites to be around long-term, complaining about the lack of freeroll money is doing a disservice to yourself and the community.

    Freeroll players that won’t reinvest any cash in the DFS economy aren’t the focus of the industry going forward, and for good reason.

  • tommygmets86

    Fanduel has expert level games and draftkings does not. How about adding the draftstreet algorithm-based pricing and roster format and offer them as “expert” games that get a lower level of action

  • 420Nickster

    Thanks for the good times! I wont ever forget bro..

  • fresh56

    @stlcardinals84 said…

    If you want these sites to be around long-term, complaining about the lack of freeroll money is doing a disservice to yourself and the community.

    Freeroll players that won’t reinvest any cash in the DFS economy aren’t the focus of the industry going forward, and for good reason.

    Idk about you but most people i know got into dfs through those freerolls. Thats how i was introduced as well. Its the best to get new players to a site.

  • eaglezzz

    It’s time for Rotogrinders to start their own DFS platform.

  • AveryBradley

    @rotokevin said…

    Two things I’d like to say:

    1) Amazingly simple account merge process. Wow. Thanks for the attention to detail on that. Painless.

    2) MGT, are you paying attention? When you own two platforms, it’s best to rip the band aid off and merge them. Sure there will be pain, but the combining of player traffic onto one platform allows you to realize synergies.

    As Jack Donaghy told Liz Lemon

    “Do not talk bad about synergy Lemon”

  • hammer74

    couldnt agree more with that nick will miss guys like you and antfer lot of good times on d.s. and will miss there customer service it was great thks to guys like markness hes a class act and im sure that wont change

  • fishcakeking

    FCK

    @qnova34 said…

    http://www.forbes.com/sites/darrenheitner/2014/07/15/will-draftkings-purchase-of-draftstreet-be-a-bust/
    just going to leave this here…. if the part about DK lying about leaving DS open was true (seems pretty suspect) thats odd to say the least…

    Business is business. Not saying I would do it differently, but makes it hard to have a warm fuzzy feeling about DK.

    FCK

  • thegame1020

    @fishcakeking said…

    Have inside info this is exactly how it went down.

    Business is business. Not saying I would do it differently, but makes it hard to have a warm fuzzy feeling about DK.

    FCK

    Agreed, this seems legit and does not make me want to give DK my business. You can say whatever you want about “it’s just the business world” but it’s just dishonest and wrong.

    Furthermore, those comparing the salaries and saying DK’s system is better are insane. They’re slow to adjust prices, especially last season for NFL. FanDuel sucks in this regard as well.

    We’ve said goodbye to the sharpest pricing and the best algorithm around. Also, I loved two QBs and two flex spots for football. Oh and fuck kickers.

  • AveryBradley

    @thegame1020 said…

    Agreed, this seems legit and does not make me want to give DK my business. You can say whatever you want about “it’s just the business world” but it’s just dishonest and wrong.

    Furthermore, those comparing the salaries and saying DK’s system is better are insane. They’re slow to adjust prices, especially last season for NFL. FanDuel sucks in this regard as well.

    We’ve said goodbye to the sharpest pricing and the best algorithm around. Also, I loved two QBs and two flex spots for football. Oh and fuck kickers.

    Just a fwiw but StarStreet has 2QB/2flex and no K/D if anyone is looking for a similar roster setup to DS they are closest probably.

  • kaetorade

    • 2013 DraftStreet DSBBC Finalist

    @AveryBradley said…

    Just a fwiw but StarStreet has 2QB/2flex and no K/D if anyone is looking for a similar roster setup to DS they are closest probably.

    In terms of nfl, FF has the exact same roster and scoring as DS. While I complained about their nba salaries being soft(some may like that), their NFL salaries were second to none last year.

  • thegame1020

    Yes, I think I will be taking my action to StarStreet for football if DK doesn’t make some changes to their NFL rosters and pricing. I’d encourage others to join.

    I have an account at StarStreet and if I remember correctly their pricing is at least better than FanDuel’s and DK’s.

  • ddmcd1974

    @alsmizzle said…

    All someone needs is an incredible amount of business accumen, roughly $100 million in capital and a fluent understanding of website coding, the DFS landscape as well as the vision of where it could go in the next 5-10 years. Yup…simple.

    A 100 million is a little excessive isn’t it. Which one of FD, DK, or DS received 100 million in venture capital? None so obviously that amount is not needed. Coding is at the bottom of this list simply due to the fact that coders and great ones at that are available for the right price. Business and advertising/marketing acumen is by far the hardest piece of the puzzle. But hey if a guy can raise 70K on kickstarter for potato salad then anything is possible.

  • jimfred82

    • Blogger of the Month

    @kaetorade said…

    In terms of nfl, FF has the exact same roster and scoring as DS. While I complained about their nba salaries being soft(some may like that), their NFL salaries were second to none last year.

    i second that. feud’s NFL is very on point.

  • jamesallen71

    Going to miss chatting with the gang and our short lived chat league tradition. This is the worst, DK has never been the best at customer service and I don’t really see them incorporating the things that made us loyal DS customers.

  • saltwater39

    All things considered I must say the Account Transfer Wizard went swimmingly, kudos on that.

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