Last 4 $3/4 big golf tourneys on DK:
Safeway Open: filled 76K of 78K (DK only got 11% rake on this one, but still 28K in profit)
CIMB Classic: filled early at 39.2K (understandable to cut it down as this is a crappy no-cut event out of the country, but half the size??)
WGC in China: filled way early (around a day, I think) at 39.2K (again, no-cut out of the country, still too small)
Shriners Open: posted contest is a 29.4K entry $4 tourney (joke)
Then we have the consistent killing of the Euro product – Lyoness Open filled a 10K entry tourney with the worst field ever in DFS golf – ever since then we’ve had tourneys of 8K, 5K, and even 3.5K entries (EURO golf has always filled at 10K or less, and has often been shrunk the week after filling – only overlay happened when running larger tourneys (which might have filled if DK hadn’t killed off interest in the product earlier). Race to Dubai finals start next week…. with a 4.7K entry $3.
Want to know why DK is a failing business? Just look at how they handled their golf product. They’re sacrificing BOTH short-term (the non-filling Safeway Open $3 made $10k more rake than the Shriners will when it fills) and long-term profit (running big contests like the MM legitimized Fantasy Golf and created a market for the game – went from a niche game to filling 150K $3 tourneys for mediocre events) for what seems to be no reason other than insane risk aversion.