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  • 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”

  • MRCOOKONUTS

    @gofast36 said...

    Thank you for posting this Gary! You’re absolutely right that Draftkings is making some horrible mistakes when it comes to their payout structures! I just looked at the payout structures in the Millionaire Maker, and the one thing that really stands out to me is that DK is paying out $5 apiece to the people who finish between 285001 and 542850!

    This is eating up almost 1.3 Million Dollars of the Prize Pool! That’s insane! Does anyone really care about getting a $5 payout for a $3 entry fee in a tournament with a 5 Million dollar prize pool, that pays out 1 Million for 1st place?

    For God’s sake Draftkings, please take that 1.3 Million Dollars, and add it to the payouts for the top 10-20 finishers of this tournament!

    That extra 1.3 million dollars that is wasted on silly 5.oo payouts is better suited to be distributed to the top 5-100 finishers.Actually,over HALF MILLION entries win 10.oo or less,is this not crazy?
    Most folks who enter a million dollar contest dont really care to win back 5.oo to 10.oo.bucks.We risk our money to get back a large prize if possible.
    What is DK afraid of? Seems so simple to test out a contest eliminating these miniscule payouts,decrease the pecentage of prize winners,and increase the winning prize amounts.
    $$$$$$$

  • theseige

    • 2015 DraftKings FFWC Finalist

    • x2

      2016 DraftKings FBBWC Finalist

    @britdevine said...

    Its pretty crazy that with how far DFS has come, these payout structures are still so wack, there are plenty of GPP’s week 1 on DK for NFL that are almost unplayable.

    It’s not Rocket Science we are talking about here

    When Brit and I agree you have to wonder how far off the path have they really gone?

  • theseige

    • 2015 DraftKings FFWC Finalist

    • x2

      2016 DraftKings FBBWC Finalist

    It’s pretty amazing that DK is basically telling me to go play cash games with these GPP payouts

    Another thing about paying 30% in Week 1 specifically is a lot of these tournaments will overlay (intentionally), so why not pay out 20% that will grow to 25% when it overlays? All these week 1 GPPs are basically triple-ups #yawn

  • billholler

    I completely agree with a 20% payout. The other 10% is nothing more than participation awards.

  • jsw3ent

    @gofast36 said...

    Thank you for posting this Gary! You’re absolutely right that Draftkings is making some horrible mistakes when it comes to their payout structures! I just looked at the payout structures in the Millionaire Maker, and the one thing that really stands out to me is that DK is paying out $5 apiece to the people who finish between 285001 and 542850!

    This is eating up almost 1.3 Million Dollars of the Prize Pool! That’s insane! Does anyone really care about getting a $5 payout for a $3 entry fee in a tournament with a 5 Million dollar prize pool, that pays out 1 Million for 1st place?

    For God’s sake Draftkings, please take that 1.3 Million Dollars, and add it to the payouts for the top 10-20 finishers of this tournament!

    ^^^^THIS^^^^

  • DoubleTime

    • 2016 King of Summer: August

    paying 30% ruins everything, you cannot pay 30% and have a good pay structure for a GPP, no matter how hard they try it won’t look right

  • Schreiad

    30% field payouts are about as garbage as paying a million to first and $100k to second.

    These million dollars to first tourneys are the biggest rake traps I’ve ever seen, impossible to get any equity out of them unless you plan on playing 150 lineups a week for the next 300 years.

  • CBassXU

    While I get that the top prize is what attracts the new/casual player, I think DK is actually hurting their lower stakes ecosystem quite a bit. Between top heavy payout structures and 15-17% rake across the board it becomes a lot easier for a low stakes person to blow through their bankroll.

    I guess when you have the mass multi-entry guys though I guess it’s a lot easier to not care as much about the sustainability of the lower level player pool.

  • GaryPoupon

    I think 1000 aye ayes would gather the attention of DK

  • estock82

    They recently switched many tournaments from paying 20% of the field to the current 30%. Makes the tourney boring imo. I’d be fine with even only 10% of field getting paid (which is standard in many poker tournaments).

  • wwhis

    naye. It is supposed to be fantasy game not a poker tournament.

  • GaryPoupon

    @estock82 said...

    They recently switched many tournaments from paying 20% of the field to the current 30%. Makes the tourney boring imo. I’d be fine with even only 10% of field getting paid (which is standard in many poker tournaments).

    Yes! I meant to say this, this structure has been the very successful standard in poker tournaments for a very long time and for good reason!!

  • krisbanx

    aye aye

  • bigpoppadb8

    • 2020 NASCAR Live Finalist

    Aye Aye!

  • jsw3ent

    @estock82 said...

    They recently switched many tournaments from paying 20% of the field to the current 30%. Makes the tourney boring imo. I’d be fine with even only 10% of field getting paid (which is standard in many poker tournaments).

    ^^^^^THIS^^^^^——-they don’t get that when people cash that they actually want to win $$$$$. They don’t enter a trny. saying look in this trny. I will get atleast my buy-in back plus alittle more——NO— people enter a trny. with the hope of winning life changing $$money$$. I wish they would pay 10%.

  • TheRyanFlaherty

    @theseige said...

    It’s pretty amazing that DK is basically telling me to go play cash games with these GPP payouts

    Another thing about paying 30% in Week 1 specifically is a lot of these tournaments will overlay (intentionally), so why not pay out 20% that will grow to 25% when it overlays? All these week 1 GPPs are basically triple-ups #yawn

    Because Week 1 will have the most traffic and the highest number of new users. Casual players will feel better if they win. Even if that means “winning” means taking home $5 while risking $3. If someone wins any amount that first week it’s likely they’ll have a positive feeling toward DFS and more likely to continue playing (or more importantly, redeposit if they run out of funds during the season).

    It’s the same psychology that makes scratch tickets and slot machines so popular. Those games are so popular because they provide the high-probability of a “win” while continuing to chase the big prize.
    Even though a standard “win” is going to be getting your stake back, or in the case of slots, getting back less than you put in..
    It does make me wonder – If someone were to buy a $1 scratcher and the prize is a $1, what percentage would say “I won a $1” vs. “I broke even”…And then what percentage takes that $1 and buys another ticket.
    Looking at how all these games are intentionally structured I would guess the majority would say they won $1 and then promptly buy another ticket.

    FWIW – I’m happy if it’s around 20% and there’s a good chance I’m not playing in it if I’m not at least doubling my money with a win.

  • Shlune

    AYE AYE

    20% and no ridiculous pay jumps!

  • Olhausen

    @TheRyanFlaherty said...

    Because Week 1 will have the most traffic and the highest number of new users. Casual players will feel better if they win. Even if that means “winning” means taking home $5 while risking $3. If someone wins any amount that first week it’s likely they’ll have a positive feeling toward DFS and more likely to continue playing (or more importantly, redeposit if they run out of funds during the season).

    It’s the same psychology that makes scratch tickets and slot machines so popular. Those games are so popular because they provide the high-probability of a “win” while continuing to chase the big prize.
    Even though a standard “win” is going to be getting your stake back, or in the case of slots, getting back less than you put in..
    It does make me wonder – If someone were to buy a $1 scratcher and the prize is a $1, what percentage would say “I won a $1” vs. “I broke even”…And then what percentage takes that $1 and buys another ticket.
    Looking at how all these games are intentionally structured I would guess the majority would say they won $1 and then promptly buy another ticket.

    FWIW – I’m happy if it’s around 20% and there’s a good chance I’m not playing in it if I’m not at least doubling my money with a win.

    This. Once a week every Friday I buy one 20$ jumbo ticket. if I lose that’s it I’m done for the week. If I win or break even I keep buying one ticket the next day until I lose. So of course it’s better for them to pay out more people because that means more people will come back and play. I must add this strategy has worked quite good since I started doing it a year and a half ago. I always play the same game and buy from the same store. I’ve hit 2,500$ 500$ once each and 100$ a number of times. I basically let the degenerates buy up all the losers will I stick to a strict once a week buy and never buy another after a loss.

  • Carl_Winslow

    @Olhausen said...

    This. Once a week every Friday I buy one 20$ jumbo ticket. if I lose that’s it I’m done for the week. If I win or break even I keep buying one ticket the next day until I lose. So of course it’s better for them to pay out more people because that means more people will come back and play. I must add this strategy has worked quite good since I started doing it a year and a half ago. I always play the same game and buy from the same store. I’ve hit 2,500$ 500$ once each and 100$ a number of times. I basically let the degenerates buy up all the losers will I stick to a strict once a week buy and never buy another after a loss.

    Long time reader, first time poster

    Yeah! let those degenerates buy up all the losing scratch tickets!!!1 #skillgame

    I agree that the DK “tournaments” are pretty close to triple ups. May as well at least give all losing spots participation ribbons or something ffs.

  • GaryPoupon

    I like what im seeing in here

  • dds2190

    @thedude404 said...

    Draftkings back at it today with the $4 “Superslurve”

    $4 entry $300k prizepool 88,200 entries top 22,080 get paid

    1st $50,000.00
    2nd $10,000.00
    3rd $5,000.00
    4th $3,000.00
    5th $2,000.00
    6th $1,500.00
    7th – 8th $1,000.00
    9th – 10th $750.00
    4881st – 7380th $8.00
    7381st – 11380th $7.00
    11381st – 22080th $6.00

    Again, just a completely absurdly bad payout structure. Top heavy AND paying out $6 and $7 for a $4 entry.

    Ninth AND Tenth place pays out ****1.5%**** of first place. This takes things to an all new low. It’s like they are trying to come up with the worst possible payout structures.

    Was just coming here to post about the Saturday slurve. No way is it worth it for a guy like myself who does 1-2 lineups a night to enter this shark tank. Probably is great for folks that do 20+ lineups a night but I’m not buying that it’s worth it.

    So you’re telling me in a 39000+ entry field, if I finish between 1201-2000th that’s only good enough to get 3x my money back? What a waste.

    And first place is $5000. $5000! Lol absurd.

  • tonytone1908

    Yeah the smaller top prize really sucks but… lets be honest… we probably weren’t getting it anyways. Seemed like the same structure in the $3 NAS and BBALL today too. It’s been nice because I’ve been building up a little BR on DK for NFL by actually getting some $8 cashes instead of missing out on $5 by half a point.

    Have to say though, makes me a little reluctant to play NFL if 1st is gonna be reduced that hard, although the brain inside of me says at least I’ll cash instead of losing completely.

  • depalma13

    @TheRyanFlaherty said...

    It’s the same psychology that makes scratch tickets and slot machines so popular. Those games are so popular because they provide the high-probability of a “win” while continuing to chase the big prize.

    Except the “big prize” is now gone.

  • raiders7532

    @estock82 said...

    They recently switched many tournaments from paying 20% of the field to the current 30%. Makes the tourney boring imo. I’d be fine with even only 10% of field getting paid (which is standard in many poker tournaments).

    30% getting payed is cool.

  • raiders7532

    @wwhis said...

    naye. It is supposed to be fantasy game not a poker tournament.

    Agree.

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