INDUSTRY FORUM

Comments

  • GaryPoupon

    I’m not sure too many people are aware of this, but the current standard in giant football majors on Draft Kings awards 30% of the field, and only awards 5% to first place.

    Majors with this payout:

    500k GTD $5 Flea Flicker
    500k GTD $9 Slant
    100k GTD $27 No Huddle (3 entry max)
    100k GTD $100 Hot route (6% to first)
    100k GTD $50 Chop Block
    100k GTD $12 Hail Mary
    100k GTD $2 Safety
    200k GTD $5 Nickel (3 entry max)

    200k GTD $1 First Down (EXTRA SPECIAL NOTE: $5000 TO FIRST PLACE, that is 2.5% folks)
    100k GTD $3 (3 entry max) (Another special note: 3% aka $3000 to first)
    100k GTD 25 cent quarter arcarde 2% to first place…

    This isn’t just a few tournaments… this is the majority of Draftkings huge field guaranteed Sunday majors.

    I think it is fine to leave a few select micro majors with these structures such as any beginner tournaments, the quarter arcade, and maybe 1 or 2 other random $1 tournaments. But this is an absolute colossal waste of these amazing prizepools.

    Let’s get the standard 10% to first payout structure back for these majors.

    Then in the absolutely amazing and unprecedented new $3, 5 million guarantee, there is $1 million to 1st

    9th AND 8th get $7500,
    6th for $10,000,
    5th for $15,000,
    4th $25,000, 3rd $50,000, 2nd $100,000.

    Just so this fully sinks in for everybody; this is a 5 mil guarantee $3 with 1.9 million entrants, and you’re getting $25,000 for 4th place out of 1.9 million entrants.

    You might be wondering to yourself “Hmm.. where is the rest of the 5 million prize pool going with these unbelievably weak 2-9th payouts?” Draft Kings is still paying out almost 30% of this field with this ridiculous first prize…
    You can tell your friends “Hey guys I got 7th out of nearly 2 million entrants in a $3 tournament, guess how much money I won? Nope not $100k, it was actually $7500..” DK has this amazing tournament and decides to hybrid it with a 50/50 structure and absolutely destroy the greatness of what this tournament could and should be.

    People entering this tournament understand is a gamble, they know they aren’t entering a 50/50. AT MOST we should see a 15% of field paid structure in order to preserve a semi-respectable final table payout.

    Can we agree upon this? It’s really not asking a ton… 10% to first has been the standard in tournaments for a long time successfully.

    I’m not totally sure how petitions work but if you agree with what’s been said here please reply “Aye Aye”

  • GaryPoupon

    Aye Aye Gary! Great Post! I agree with everything you said! Very well written!

  • eppy12588

    • 605

      RG Overall Ranking

    • Ranked #89

      RG Tiered Ranking

    • 2016 DraftKings FBBWC Finalist

    • x2

      2016 FanDuel MLB Playboy Mansion Finalist

    Aye Aye great job Gary…..we arent playing triple ups….stop paying 30%. Pay 15% tops because when there is a tournament with 100k grtd and ur paying 3k that is legit embarrassing.

  • Vinny

    • 73

      RG Overall Ranking

    • Ranked #5

      RG Tiered Ranking

    Aye effing aye Gary P.

  • GimmieDatW2

  • depalma13

    They are a failing company and need the money to churn the rake quicker.

  • thedude404

    • 2015 FanDuel NBA Playboy Mansion Finalist

    while i agree paying the top 30% is too much (i personally think it should be top 20%), the real problem as its always been is paying $1million to first. Knock that down to $250k and spread the other $750k out over the field. Pretty simple.
    1st $250k
    2nd $175k
    3rd $100k
    4th $75k
    5th $50k
    6th $40k
    7th $30k
    8-10 $25k

    Spread the rest out over the rest of the remaining top 20%. Of course that could use some tweaking as well as it took me an entire 3 minutes to come up with that payout structure. Essentially what I“m saying is a sack is worth $75k. Draftkings evidently thinks a sack is worth $900k.

    I should also add, there should not be any regular daily tournaments where first prize is $1million. Its idiotic. Save the $1million first prizes for the season ending tournaments that players have to qualify.

    Draftkings just doesnt get it. Or they dont want to get it.

  • xdan3220

    I agree, top 30% is too high especially on the millionaire maker, the problem DK has is that the lower % of the field that cashes the more likely they are to lose players. By having 30% of the field instead of say 20% of the field cash that is an extra 190,000 entries that basically double up. If you fall in that last 190,000 you aren’t going to withdraw your $5, instead you’ll enter it in other contests, I think most regular DFS players would much prefer a top 20% structure with flatter payouts at the top but to do business I’m sure this format is far better for DK.

  • MrFantasy

    Flat payouts are great. 30% of the field payout is not great. I’d much prefer 15% paid but still with a flat payout structure.

  • thedude404

    • 2015 FanDuel NBA Playboy Mansion Finalist

    @xdan3220 said...

    I agree, top 30% is too high especially on the millionaire maker, the problem DK has is that the lower % of the field that cashes the more likely they are to lose players. By having 30% of the field instead of say 20% of the field cash that is an extra 190,000 entries that basically double up. If you fall in that last 190,000 you aren’t going to withdraw your $5, instead you’ll enter it in other contests, I think most regular DFS players would much prefer a top 20% structure with flatter payouts at the top but to do business I’m sure this format is far better for DK.

    you have a good point there. it is to dk’s advantage. as it always is.

  • GaryPoupon

    Hi guys,

    This is a petition. Not seeing enough “aye aye“s

  • GaryPoupon

    Is that an “aye aye” Mr Fantasy?

  • GaryPoupon

    @depalma13 said...

    They are a failing company and need the money to churn the rake quicker.

    Is that an “aye aye” mr depalma?

  • GaryPoupon

    @thedude404 said...

    you have a good point there. it is to dk’s advantage. as it always is.

    I understand why DK is doing it, this is a petition to change it up. I think if we take out the extra 10-15% of the field being paid we could still keep the first place the famous “millionaire maker” while beefing up the final table to a respectable level

  • jdtrey

    @GaryPoupon said...

    I understand why DK is doing it, this is a petition to change it up. I think if we take out the extra 10-15% of the field being paid we could still keep the first place the famous “millionaire maker” while beefing up the final table to a respectable level

    You’re completely missing the point. They literally just switched to this new structure in the last month after testing it out and realizing they could keep more of their customers paying rake for longer like this,

    DK is trying to maximize rake which is why it’s paying 30% (15-20% is where it should be)
    The million top prize is the single biggest problem with prize pools, period.

  • GimmieDatW2

    FWIW Aguiar tweeted to me saying that they are just testing stuff out and nothing is permanent. So think it’s in our best interest to keep complaining.

  • GaryPoupon

    @GimmieDatW2 said...

    FWIW Aguiar tweeted to me saying that they are just testing stuff out and nothing is permanent. So think it’s in our best interest to keep complaining.

    Good to know GimmedatW2 thank you!

  • GaryPoupon

    @jdtrey said...

    You’re completely missing the point. They literally just switched to this new structure in the last month after testing it out and realizing they could keep more of their customers paying rake for longer like this,

    DK is trying to maximize rake which is why it’s paying 30% (15-20% is where it should be)
    The million top prize is the single biggest problem with prize pools, period.

    This is not an “aye aye”

  • xdan3220

    @GaryPoupon said...

    I understand why DK is doing it, this is a petition to change it up. I think if we take out the extra 10-15% of the field being paid we could still keep the first place the famous “millionaire maker” while beefing up the final table to a respectable level

    Yeah I don’t think this is the type of thing you are going to change via petition. DK is likely to do significantly better business with this model, higher retention rate on players and more money being put in

  • GaryPoupon

    @xdan3220 said...

    Yeah I don’t think this is the type of thing you are going to change via petition. DK is likely to do significantly better business with this model, higher retention rate on players and more money being put in

    THEN DONT SIGN IT, AYE AYE OR BUZZ OFF

  • eppy12588

    • 605

      RG Overall Ranking

    • Ranked #89

      RG Tiered Ranking

    • 2016 DraftKings FBBWC Finalist

    • x2

      2016 FanDuel MLB Playboy Mansion Finalist

    Why do you guys keep bringing up that its better for DK’s business model. OF COURSE IT IS. No one is disputing that….just like raising the rake is better for them, it still doesnt make it right and the people in this thread that are just saying its whatever and basically defending them are really stupid.

    Aye Aye ×2

  • FFguru71

    What’s ridiculous is BOTH sites payout structures. To me, you should NEVER EVER EVER win LESS than 2x your entry fee for a GPP if you finish in one of the last payout spots. It’s very simple…STOP paying so many f’n spots! This had to be a bunch of newbs whining that it was too hard for them to cash in tournaments. I should NOT be spending $25 for an entry fee on a GPP and if I have a bad week and min cash…only win $40. That’s an f’n embarrassment. And I also should win a hell of a lot more for finishing say 10th in a ginormous field. I have no idea what changed this(especially on FD), but it’s what’s going to drive away more people in my opinion.

  • firemedicpat

    Ayeeeeee Aye

  • DontThrowPick6

    aye aye

  • thorpedoboom

    Aye Aye

  • Tammy409

    @GaryPoupon said...

    I’m not sure too many people are aware of this, but the current standard in giant football majors on Draft Kings awards 30% of the field, and only awards 5% to first place.

    Majors with this payout:

    500k GTD $5 Flea Flicker
    500k GTD $9 Slant
    100k GTD $27 No Huddle (3 entry max)
    100k GTD $100 Hot route (6% to first)
    100k GTD $50 Chop Block
    100k GTD $12 Hail Mary
    100k GTD $2 Safety
    200k GTD $5 Nickel (3 entry max)

    200k GTD $1 First Down (EXTRA SPECIAL NOTE: $5000 TO FIRST PLACE, that is 2.5% folks)
    100k GTD $3 (3 entry max) (Another special note: 3% aka $3000 to first)
    100k GTD 25 cent quarter arcarde 2% to first place…

    This isn’t just a few tournaments… this is the majority of Draftkings huge field guaranteed Sunday majors.

    I think it is fine to leave a few select micro majors with these structures such as any beginner tournaments, the quarter arcade, and maybe 1 or 2 other random $1 tournaments. But this is an absolute colossal waste of these amazing prizepools.

    Let’s get the standard 10% to first payout structure back for these majors.

    Then in the absolutely amazing and unprecedented new $3, 5 million guarantee, there is $1 million to 1st

    9th AND 8th get $7500,
    6th for $10,000,
    5th for $15,000,
    4th $25,000, 3rd $50,000, 2nd $100,000.

    Just so this fully sinks in for everybody; this is a 5 mil guarantee $3 with 1.9 million entrants, and you’re getting $25,000 for 4th place out of 1.9 million entrants.

    You might be wondering to yourself “Hmm.. where is the rest of the 5 million prize pool going with these unbelievably weak 2-9th payouts?” Draft Kings is still paying out almost 30% of this field with this ridiculous first prize…
    You can tell your friends “Hey guys I got 7th out of nearly 2 million entrants in a $3 tournament, guess how much money I won? Nope not $100k, it was actually $7500..” DK has this amazing tournament and decides to hybrid it with a 50/50 structure and absolutely destroy the greatness of what this tournament could and should be.

    People entering this tournament understand is a gamble, they know they aren’t entering a 50/50. AT MOST we should see a 15% of field paid structure in order to preserve a semi-respectable final table payout.

    Can we agree upon this? It’s really not asking a ton… 10% to first has been the standard in tournaments for a long time successfully.

    I’m not totally sure how petitions work but if you agree with what’s been said here please reply “Aye Aye”

    I agree, so Aye Aye. I’d never thought about ‘Cash’ and ‘H2H’ games in the 9 months or so I’ve played Dfs, as it always seemed that my lineups were not intentionally ‘GPP’ Lineups, would get me back the same dollar or three in a GPP just as easily, but in reality, I’ve no interest in getting my entry fee or 2x my entry fee back. That’s my ante. I’ve placed in the Top 100 of some of my first DraftKings NFL Gpp’s and I don’t believe I got rich. I can promise you I’ve only deposited to my account. Winning a 200K entry Gpp seems next to impossible, but when I had two LU’s in T100 of the ‘smallish-slate’ NFL Div Rd. Playoffs (that oddly only shared 3 of 9 players on in each), I’d in hindsight have liked a ‘little something for the effort.’

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