INDUSTRY FORUM

Comments

  • Dmurphy104

    • Blogger of the Month

    http://espn.go.com/chalk/story/_/id/13924648/investigation-commissioned-draftkings-says-employee-locked-lineup-receiving-internal-data

    Let’s share the heck out of this.

  • cAUmberlandtiger8

    @kb32dawgs said...

    These findings are without merit due to the investigation was internal on behalf of Draftkings. The only investigation that will matter is the one’s state and federal investigators conclude. If they find even a tiny bit of wrong doing on Ethan’s or Draftkings part then it will be the nail in the DFS coffin. Lets hope for the best.

    Yes and No. I think from a PR aspect the clearing of Ethan by an “independent investigation” is very good. Logic would tell you that a firm of this caliber would not risk their reputation lightly and do a half ass job on this investigation. Its also good because it shows DK’s willingness to open up. The Fed investigation is the biggie but I think the release of this report is a good start. On the other hand, how much did DK offer up and how hard did the firm press and did DK turn over all that was asked? Regardless, this should only be perceived as good news and Im Hopefull there will be more to follow.

  • KevBaile

    @Ryazan said...

    U dont see losing entries. U cant see.mine either. I would have days where i put in 10k and only got like 1 top 10 finish in the monster for 5k. So in other words, i would lose 5k on that day, but the results would make it look like im on a heater lol

    Your entry log shows VERY clearly that you were playing a TON of LUs those days. His did not.

  • einars

    @coqburn said...

    I still have one question. Why not release the email they sent to Ethan with the data? That would have cleared everything up instantly originally. Why not release that to show he received the email at X time?

    because OBVIOUSLY they would just resend the email or alter the timestamp (sarcasm…but that would be the tinfoil response). plus an independent report from a very well respected former AG is much much stronger evidence (or should be)

  • julieduke33

    It does state in the article he got info 40 minutes after lock so I’m assuming it’s the email they are talking about

  • Unico10

    • 496

      RG Overall Ranking

    • Ranked #98

      RG Tiered Ranking

    “A Regulated Daily Fantasy Sports Environment
    The recent incidents involving the practices of certain leading companies in DFS demonstrate that the current self-regulatory practices have fallen short.

    We strongly believe that there is a real need for state regulation and licensing of DFS, and until such time, we will not be operating in any other states than the four mentioned above which already have existing and clearly defined daily fantasy sports guidance.

    We believe that this is the responsible approach for our company and encourage others in the industry to consider the same measures in order to ensure the future growth and viability of daily fantasy sports in the U.S.”

    Signed StarsDraft formerly known as Victiv in an email to all customers (except for MA, MD, KS and NJ residents.

    Basically throwing DK and FD under the bus.

  • easternmh

    • x3

      Blogger of the Month

    @coqburn said...

    I still have one question. Why not release the email they sent to Ethan with the data? That would have cleared everything up instantly originally. Why not release that to show he received the email at X time?

    Don’t think it’s that simple…. They might not be legally allowed too.

  • Vigilantes

    He should have NEVER had ownership %s to games not locked on DK as well. This can be used to gain an edge if shared to those with DK accounts even if it didn’t affect his FD win. Unfortunately the initial responses I got from DK, didn’t care about the difference in the data and were quite cavalier about it.

    I doubt this was the first time data was mishandled at DK. DK’s policies on how they protect their data going forward is the more important issue than this.

  • iSplashRollz

    @Ryazan said...

    There was no insider trading because he had no info prior to 1pm. Its all a big lie by the media because they are clueless and disgusting. U saw it all clearly, nothing could have been used by ethan to help win on fanduel

    Haven’t seen you post the last couple of days are you getting your job resumes up to date?

  • julieduke33

    @Unico10 said...

    “A Regulated Daily Fantasy Sports Environment
    The recent incidents involving the practices of certain leading companies in DFS demonstrate that the current self-regulatory practices have fallen short.

    We strongly believe that there is a real need for state regulation and licensing of DFS, and until such time, we will not be operating in any other states than the four mentioned above which already have existing and clearly defined daily fantasy sports guidance.

    We believe that this is the responsible approach for our company and encourage others in the industry to consider the same measures in order to ensure the future growth and viability of daily fantasy sports in the U.S.”

    Signed StarsDraft formerly known as Victiv in an email to all customers (except for MA, MD, KS and NJ residents.

    Basically throwing DK and FD under the bus.

    Since I can’t play there can I withdraw my $5 even though it’s below their minimum amount for WD

  • julieduke33

    By the way what exactly did FD do wrong in all this? They are getting lumped in with DK by a lot of people including that stars draft statement

  • Ryazan

    • x3

      2015 FanDuel WFFC Finalist

    • x2

      2015 FanDuel WFBC Finalist

    @KevBaile said...

    Your entry log shows VERY clearly that you were playing a TON of LUs those days. His did not.

    But all u see is my winning lineups, not my losing ones.

  • einars

    @julieduke33 said...

    Since I can’t play there can I withdraw my $5 even though it’s below their minimum amount for WD

    yes….check your email they sent out a mass email

  • julieduke33

    @einars said...

    yes….check your email they sent out a mass email

    Thanks einars

  • cAUmberlandtiger8

    @julieduke33 said...

    By the way what exactly did FD do wrong in all this? They are getting lumped in with DK by a lot of people including that stars draft statement

    I honestly think fan duel is in better shape to weather this storm than DK. At some point, those in charge will make a stink about NASCAR and Golf. FD also seems to have better leadership and more proactive than DK. And I play most of money on DK.

  • Heterodox

    @einars said...

    his was an external investigation. the internal investigation was the one performed by DK. if you think that the former AG would be willing to compile a fraudulent report knowing that other parties are going to follow doing the same investigation……well there really isnt any conversation that can be had at this point….

    How many times does this flawed point have to be refuted before it stops being made? What hit to that “former AG’s” reputation could there possibly be when he can just say he was doing his job, serving his client’s needs? This is standard, happens all the time, trivially obvious, and not worth debating. You are the one with whom no conversation can be had at this point, because you simply keep repeating yourself and ignoring points to the contrary.

  • julieduke33

    @Vigilantes said...

    He should have NEVER had ownership %s to games not locked on DK as well. This can be used to gain an edge if shared to those with DK accounts even if it didn’t affect his FD win. Unfortunately the initial responses I got from DK, didn’t care about the difference in the data and were quite cavalier about it.

    I doubt this was the first time data was mishandled at DK. DK’s policies on how they protect their data going forward is the more important issue than this.

    This may be true but the main stream media said he used insider info to win 350k..that is what the non DFS playing public believes..he used ownership info to win on FD including all my non playing DFS friends..had to explain this numerous times to them..main stream media blew this story

  • einars

    @Heterodox said...

    How many times does this flawed point have to be refuted before it stops being made? What hit to that “former AG’s” reputation could there possibly be when he can just say he was doing his job, serving his client’s needs? This is standard, happens all the time, trivially obvious, and not worth debating. You are the one with whom no conversation can be had at this point, because you simply keep repeating yourself and ignoring points to the contrary.

    he was hired to run an independent investigation so your excuse wouldnt actually work. if his investigation was fraudulently run it is damaging to his reputation.

  • realdeals

    @Unico10 said...

    “A Regulated Daily Fantasy Sports Environment
    The recent incidents involving the practices of certain leading companies in DFS demonstrate that the current self-regulatory practices have fallen short.

    We strongly believe that there is a real need for state regulation and licensing of DFS, and until such time, we will not be operating in any other states than the four mentioned above which already have existing and clearly defined daily fantasy sports guidance.

    We believe that this is the responsible approach for our company and encourage others in the industry to consider the same measures in order to ensure the future growth and viability of daily fantasy sports in the U.S.”

    Signed StarsDraft formerly known as Victiv in an email to all customers (except for MA, MD, KS and NJ residents.

    Basically throwing DK and FD under the bus.

    It’s possible I’m taking this the wrong way, but I will never play on starsdraft again…even when/if I’m allowed.

  • julieduke33

    @realdeals said...

    It’s possible I’m taking this the wrong way, but I will never play on starsdraft again…even when/if I’m allowed.

    Sold their soul to devil to take advantage of situation is what it looks like to me…

  • einars

    @einars said...

    he was hired to run an independent investigation so your excuse wouldnt actually work. if his investigation was fraudulently run it is damaging to his reputation.

    plus, even if you are of the opinion that independent means nothing and this firm routinely issues “independent” findings that are really just whatever the person writing the check wants to hear (highly unlikely). the fact that this report will be followed by multiple governmental organization’s investigations (making it 1000x more likely the “fraudulent” report is found out) would provide a heavy discouraging factor to performing a fraudulent investigation.

  • BB4E

    www.forbes.com/sites/darrenheitner/2015/10/19/draftkings-employee-did-not-use-insider-information-to-win-350000/

    Forbes is reporting it…

  • BobGrinder

    @julieduke33 said...

    Sold their soul to devil to take advantage of situation is what it looks like to me…

    They did get (unfairly IMO) put through the ringer by the NJ CCC. They probably should have been licenced and running poker in NJ in 2013. I’m not defending this move but I can understand it.

  • Heterodox

    @julieduke33 said...

    had to explain this numerous times to them..main stream media blew this story

    The explanation goes like this:

    Well, he couldn’t have used the info on FD because line ups were locked before he had it

    But couldn’t he use it on DK?

    Well, they have a policy in place that prohibits employees from playing on their site (except in some cases which they won’t elaborate on but we trust that they’re not abusing it in any way)

    But, assuming their policy is air tight and in no way malleable or exploitable, and that they don’t just change their policies based on circumstance as they see fit, and that they are in fact legally binding (which they aren’t), couldn’t they just pass the information on to friends or family or even sell it to high volume players?

    Well…yes. But we have no reason to think Ethan did this.

    OK, but what about anyone else.

    Well, we have no reason to think Ethan did this. To suggest otherwise is a witch hunt and indicates inferior intelligence. The media is a liar.

    OK, but who else could be in a similar position to Ethan, could anyone else have done anything like this?

    Well, DK commissioned a report PROVING Ethan didn’t do anything. The media is a liar.

  • Heterodox

    @einars said...

    he was hired to run an independent investigation so your excuse wouldnt actually work. if his investigation was fraudulently run it is damaging to his reputation.

    I hope people who read but don’t comment are smart enough to see through devious argumentation tactics such as the ones you use. NO ONE USED THE WORD FRAUDULENT. There is a HUGE grey area between a legitimately exhaustive and objective investigation AND reporting of findings, and actual FRAUD. To use that word and reduce my argument to a simplistic extreme undermines your credibility.

  • julieduke33

    @BB4E said...

    www.forbes.com/sites/darrenheitner/2015/10/19/draftkings-employee-did-not-use-insider-information-to-win-350000/

    Forbes is reporting it…

    Like that he called It a comprehensive and totally independent investigation… that can only be a plus

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