The purpose of this thread is to generate constructive ideas on the rake system that creates fairness for everyone. I know the rake is necessary, and I don’t desire any feedback of the sort, “if you don’t like the rake, go play elsewhere”, because I enjoy playing on DK and quite frankly, I don’t like change. I hope this thread creates enough positive ideas that maybe some representatives of the DFS sites will read it and take the suggestions seriously. Obviously there is a lot of legal and administrative fees the sites are undertaking given the recent restructuring of policies for the DFS industry.
My first thought on a restructured proposal begins with an example of the Friday 8/26 4:05pm MLB DK slate:
1. MLB Quarter arcade rake is at 14.89% resulting in a rake amount of ~$875 (forgive me, I’m a physicist, so I round my numbers often)
2. MLB Perfect Pitch ($300 entry) rake is at 9.75% resulting in a rake amount of ~$8,100
If they lower the Quarter arcade rake by 5% to 9.89% and ADD ONLY 1 ENTRY to the perfect pitch:
1a. MLB Quarter arcade reduced rake at 9.89% resulting in a rake amount of ~$580
1b. MLB Perfect Pitch add one entry => rake now at 10.07% resulting in a rake amount of $8,400
With the reduction of Quarter arcade rake and the addition of one entry in the Perfect pitch results in DK losing ~$5. This is just one single example, but when the industry is getting spotlighted for fairness wouldn’t it make sense to retain the low dollar customers and attract beginning customers? For this simple example (and I’m sure there are many) does that $5 really outweigh customer satisfaction of the many that play the low dollar contest? Are they concerned the ‘Sharps’ and ‘high rollers’ will notice the extra entry in the Perfect Game contest and the contest won’t fill? I doubt it.
I’m interested on anyone else’s take on this and ideas of improvements. I’ve been playing for awhile now and it only took me until day 3 of DFS to recognize rake, so I’m sure it doesn’t go unnoticed by many participants.