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  • Lonnie20

    The Dfs world had been on an upward trojectary for many years. The last few months have clearly been tumultuous. Has the industry piqued? Will it fade? Will prizes increase next football season or decrease? What’s the main reason for this?

  • baseballs

    @Lonnie20 said...

    The Dfs world had been on an upward trojectary for many years. The last few months have clearly been tumultuous. Has the industry piqued? Will it fade? Will prizes increase next football season or decrease? What’s the main reason for this?

    your question piqued my interest. i guess we’ll have to wait and see what happens.

  • PJGuin23

    DFS Tax Guru

    I’m no legal expert but know enough about politics so if I were to predict:

    1. NYS will set the tone. Schneiderman will have to concede and refocus on consumer fraud which he was good at doing. He was winning friends there. The Assembly movement looks promising and he will surely have to drop his tantrum on DFS if successfull. It would behoove him in the long run if he wants to pursue higher office.

    2. The “let’s make a buck off this” states of PA, NJ and NV. Could this force Federal legislation to be compliant with PASPA? Maybe. From what I read PA know DFS won’t net them significant revenues and the casinos really can’t profit from it. Goal right now is consumer protection. NV is a different animal because the sites have to admit to “gambling” despite miniscule licensing fees.

    What I see in 2016: Bipartisan push for consumer protections. DFS will have greater regulation.

    2017 and beyond: Tweaks to PASPA and UIGEA. PASPA will still be in place to stop NCAA betting/DFS but I think will loosen for pros. Common sense would dictate poker, DFS and sports betting (barring college) should be allowed online but other less skilled, “house wins”, non Peer to Peer games like roulette, craps and slots would be banned online.

  • budfox6

    Every industry has a bubble, but will it recover is the question. We still need to see how New York plays out.

  • hoff211

    • 782

      RG Overall Ranking

    • 2015 FanDuel MLB Playboy Mansion Finalist

    I’m surprised this thread hasn’t gotten more responses. Obviously everything is speculation at this point but PJGuin’s response was quite good. I live in Nevada and am thinking of getting a second residence back in my hometown to play DFS baseball (I can work remotely but need to keep a residence in Vegas). I need to start making plans for this if baseball is even half of what it was last year. I think a great question for the future would be, “Guess the prize pool for NFL week one 2016 DK millionaire maker?”

    0 – not enough play b/c of banned states or DFS is defunct.
    2 million?
    5 million or more?

  • slashtc

    I think what’s best for the masses and what’s best for the sites are so different right now that it will be difficult to find a common ground that the gov’t will be comfortable with. Sadly many of the masses don’t even understand what is in their best interests and keep chasing the pie in the sky. I’m not even saying there’s anything wrong with that, it just is what it is.

    Anything where the bulk of the money is going to 1-2% of the people is bad for the regular Joe that does this for fun, which is a lot of the people in terms of numbers, but not a lot of the money in terms of volume. I’d say sooner or later people would figure out they can’t win long term and would stick to DFS sites/games that give them a better chance to be competitive at least, but as Vegas has shown us that doesn’t seem to happen. So to me the question is how far does the gov’t go to protect people from themselves? Personally as long as they are ensuring that the sites are on the up and up (which has been questionable many times), I think that is their only obligation to consumers. If people want to play DFS, let them. For most people, this is very low stakes fun for a weekend with buddies. I think that gets missed in all of the talk about millions of dollars.

  • Cityworkout

    @slashtc said...

    I think what’s best for the masses and what’s best for the sites are so different right now that it will be difficult to find a common ground that the gov’t will be comfortable with. Sadly many of the masses don’t even understand what is in their best interests and keep chasing the pie in the sky. I’m not even saying there’s anything wrong with that, it just is what it is.

    Anything where the bulk of the money is going to 1-2% of the people is bad for the regular Joe that does this for fun, which is a lot of the people in terms of numbers, but not a lot of the money in terms of volume. I’d say sooner or later people would figure out they can’t win long term and would stick to DFS sites/games that give them a better chance to be competitive at least, but as Vegas has shown us that doesn’t seem to happen. So to me the question is how far does the gov’t go to protect people from themselves? Personally as long as they are ensuring that the sites are on the up and up (which has been questionable many times), I think that is their only obligation to consumers. If people want to play DFS, let them. For most people, this is very low stakes fun for a weekend with buddies. I think that gets missed in all of the talk about millions of dollars.

    You can’t complain if you are losing. Some people spend a lot of time and really know the sport and fantasy well. An average joe that plays for fun and doesn’t spent much effort or time compared to the skilled players cannot say anything. It is their problem that they do not put in the effort or have the skill base to succeed.

  • slashtc

    @Sports312 said...

    You can’t complain if you are losing. Some people spend a lot of time and really know the sport and fantasy well. An average joe that plays for fun and doesn’t spent much effort or time compared to the skilled players cannot say anything. It is their problem that they do not put in the effort or have the skill base to succeed.

    Oh, I agree for the most part. Most people when they sign up think they are playing against people like them though and not the pros or computer programs. Heck, the commercials tell them they are playing other regular people. That’s just not true…at least that’s not who is winning money at these sites.

    I know football well. I also listen to a lot of opinions and make my own decisions from there. I do much better in the private leagues I play in with people one of my friends knows than I do in the gpps. 4 wins in 8 weeks (between 10 and 16 entries), but lucky to cash more than the bare minimum with the same lineup in multiple entry gpps. Either I’m playing with the biggest bunch of idiots out there, or just knowing the game isn’t enough. The truth is probably somewhere in the middle. I know I’m not great. I don’t have the time to be great and I don’t have a computer program to help make up for the time I don’t have.

    Game selection is the key to me for regular people. You’re not going to last long in the shark tank.

  • srolleDFS

    @Lonnie20 said...

    The Dfs world had been on an upward trojectary for many years. The last few months have clearly been tumultuous. Has the industry piqued? Will it fade? Will prizes increase next football season or decrease? What’s the main reason for this?

    has it peaked?

    i dont think so. obviously there is a lot of uncertainty, but whether dfs is legal or illegal doesnt matter to almost everyone. Amongst the single digit percent of the population that has a strong preference, it is overwhelmingly popular. those voters matter more than headline numbers on a niche issue.

    some states that are very conservative on gambling and where dfs is currently allowed, things may be difficult

    will it fade?
    i dont know. i know people who want a friendly bet on a sports game so they have more fun while they are watching the game. i dont think this is true for poker. i think the more dfs adds to the fun of something you are already doing, the better the staying power will be (the lower the churn). i love the fact that the $3 and $5 price points are blowing up. If you meet up to watch an NFL game you are prolly spending $10-$20 if you are at home or alot more if you go to a bar. adding $3 or $5 to that gameday budget is a good value for the fun it adds, forgetting the EV of the lineup.

    increase of decrease?

    i think there will be less overlay proportionally next year at the beginning of nfl season. but i think there will be more interest . i think the headline prize pools were driving overlay which was driving users to play bigger than they would have otherwise. my guess is that the prize pools will be similar, maybe slightly bigger. very little confidence in that though. real possibility all the bad press goes a way and they are much bigger.

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