BANKROLL FORUM

Comments

  • killab2482

    • 2018 DraftKings FBBWC Finalist

    • x2

      2013 FanDuel WFFC Finalist

    Just wanted to make everyone aware of the insanely high juice FanDuel is charging in their championship tourneys. Currently the juice would be 16.92% at the $2 price point and a crazy 15.89% at the $535 ( this is if these tourneys sell out). The allure of a live final is not worth busting your bankroll over i assure you that. I can guarantee the DFS masses that noone will have an edge to beat the $535 tourney in the long run against top flight competition. The only winner here: Fanduel. Discuss….

  • Ryazan

    • x3

      2015 FanDuel WFFC Finalist

    • x2

      2015 FanDuel WFBC Finalist

    @baseballs said...

    honest question. what order would you rank “payouts, overlay, competition, slate, confidence, strategy”?

    if the payouts in a GPP are 25 or 30%, I enter the max lineups (such as the $5300 bootleg during NFL season, 15 people and 4 get paid, thats insane payouts for a GPP, esp one where you can enter 3 lineups.

  • deejones49

    Higher rake shrinks the player pool

  • Z06Fanatic

    @Ryazan said...

    If it’s 20 people and only 3 get paid out, I won’t join it – rake has nothing to do with it.

    so your not interested in rake or strength of the field, rather % of people who get paid out……lol

  • TwoGun

    • 187

      RG Overall Ranking

    • x3

      $1M Prize Winner

    • x3

      2016 DraftKings FFWC Finalist

    High rake and high variance going to mean a lot of ‘pros’ with negative dfs income this year if they don’t adjust.

  • Ryazan

    • x3

      2015 FanDuel WFFC Finalist

    • x2

      2015 FanDuel WFBC Finalist

    @Z06Fanatic said...

    so your not interested in rake or strength of the field, rather % of people who get paid out……lol

    if I can put 4 lineups for $1000 each, and 1st place gets 8K, and only 20 people are in the contest – to me, those are amazing odds. You can’t argue with me against things like this – I was down badly last year around NBA playoff time, and I did exactly what im outlining here, and in 3 weeks, I won 30K playing those small Baller contests of 10, 15, 20 people. But not once in my LIFE have I thought of the word “rake”.

    And if you’re wondering how I got into my hole to begin with, it’s because I couldn’t win cash games for my life to end the NBA season, so once again, not rake, but bad lineup construction.

  • WhiskeyTavon4

    • 729

      RG Overall Ranking

    • 2017 DraftKings FBWC Finalist

    • x2

      2014 DraftKings FBWC Finalist

    @Ryazan said...

    if I can put 4 lineups for $1000 each, and 1st place gets 8K, and only 20 people are in the contest – to me, those are amazing odds. You can’t argue with me against things like this – I was down badly last year around NBA playoff time, and I did exactly what im outlining here, and in 3 weeks, I won 30K playing those small Baller contests of 10, 15, 20 people. But not once in my LIFE have I thought of the word “rake”.

    And if you’re wondering how I got into my hole to begin with, it’s because I couldn’t win cash games for my life to end the NBA season, so once again, not rake, but bad lineup construction.

    First off. Let me state I am emphatically Team Geno. When you qualify for the Fan Duel Hoops Championship in Hollywood I look forward to boozing with you if you will allow it.

    Perhaps the best way to bridge the gap between your thinking on rake and the actual mathematical, rooted in facts method would be if you were to re imagine “rake” as simply the cost of a product. Fanduel is charging you a price to buy their product. When that price becomes too high while not overt in nature unless you crunch the numbers the value of the product you are buying diminishes and the relationship between customer and business can become fractious.

    You are extrapolating your personal experience in certain contests, mixing in a dash of your own personal multi entry strategies and attempting to change math.

    Everyone has their own strategies, methods, and belief systems and that is part of what makes DFS great. Sadly, none of those things change the increased price fanduel is charging for their product in this specific instance.

  • dude_abides7

    @WhiskeyTavon4 said...

    Perhaps the best way to bridge the gap between your thinking on rake and the actual mathematical, rooted in facts method would be if you were to re imagine “rake” as simply the cost of a product. Fanduel is charging you a price to buy their product. When that price becomes too high while not overt in nature unless you crunch the numbers the value of the product you are buying diminishes and the relationship between customer and business can become fractious.

    You are extrapolating your personal experience in certain contests, mixing in a dash of your own personal multi entry strategies and attempting to change math.

    There someone goes…making a bunch of sense again. It is an epidemic.

  • petteytheft89

    • 7

      RG Overall Ranking

    • Ranked #7

      RG Tiered Ranking

    • 2018 DraftKings FBWC Finalist

    • 2019 DraftKings FBWC Finalist

    Not caring about rake is a naive thing to do. Ryazan, less rake means that you would have more money right now. Do you understand that? You wouldn’t even have to build your super sick lineups with that money that would still be in your account.

  • Ryazan

    • x3

      2015 FanDuel WFFC Finalist

    • x2

      2015 FanDuel WFBC Finalist

    the main complaint of this thread is rake for live finals qualifiers. I dunno, i’ve qualified for every live final that Fanduel ran this year that I tried to qualify for, except that pesky Chicago MLB live final. Is rake the reason I didn’t qualify for that one? Or is it because someone put up a better lineup than me?

    Sure, I lost overall because I spent more money qualifying for these live finals than I did winning at the live finals, but you can’t blame me trying to go for a million in MLB and NFL last year. You get that million and your life changes forever. I literally could care less what the “rake” is for any live finals qualifier – let the sites have their money, it’ll keep them in business, as opposed to stealing money from their users like FantasyUp

  • Ryazan

    • x3

      2015 FanDuel WFFC Finalist

    • x2

      2015 FanDuel WFBC Finalist

    and if KillaB noticed Fanduel’s rake has gone up for the NBA Championship qualifiers, then there is a good business reason for it (as someone said, legal fees). Is Fanduel supposed to pull money out of their ass? Or are they allowed to change their business plan just a little bit so that they stay in business? There should be no complaints about rake when it comes to Fanduel, that’s my final opinion, and if you don’t like it, you can go play on rake-free bonus-filled FantasyUp LOL

  • Ryazan

    • x3

      2015 FanDuel WFFC Finalist

    • x2

      2015 FanDuel WFBC Finalist

    personally, every time I don’t win, it’s not because of rake – it’s because I set a lineup that wasn’t good enough to beat out my competition. Ask Ehafner how much he cares about rake.

  • fanjuice

    • 2016 FanDuel WFFC Finalist

    • 2017 FanDuel WFBBC Finalist

    Live finals are worth more to some people than others. Sure the monetary value is $24,000, but the experience is worth much more than that, so the high rake is justifiable if you value the experience more than the monetary value

  • killab2482

    • 2018 DraftKings FBBWC Finalist

    • x2

      2013 FanDuel WFFC Finalist

    Ryazan: You have not addressed what this whole thread is all about and have somehow derailed it and made this about how you strategically win higher stakes Gpp’s. Stay on topic (higher juice being charged for championships). This adversely affects everyone playing these games whether you are aware of it or not. The price of admission grows higher for the same prize, as Whiskeytavon4 previously stated. This increase in rake will cause math-centric players to take their business elsewhere and fire less bullets at these high variance championships. Quotes like this: “personally, every time I don’t win, it’s not because of rake – it’s because I set a lineup that wasn’t good enough to beat out my competition,” make absolutely no sense and is so far off the original topic.

  • deactivated84892

    I’d gladly accept the extra % rake for the much better odds of winning.

    If you’re playing a qualifier, You’re not playing for anything else but to take 1st place. Paying up for better odds is an easy tradeoff IMO.

  • Tpcslj47

    @Ryazan said...

    I don’t care about rake.

    When I see a 30 person tournament for $1065 buy in and a 5 entry limit, my first thought is – I enter 5 lineups and i’m likely to win it and go to a live final The word rake doesn’t cross my mind, I never have a negative mindset like that.

    Rake is rake, sites need to make money too or else they won’t exist. Live finals are live finals – not everyone can qualify, only the best of the best, so if you give me 59 other people to go against at a $535 buy-in, I do not sit there and calculate rake – I just sit there and try to create a strategy on how to win that qualifier…..I’m just numb to useless stuff like “rake”

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