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  • gosixersgo76

    • 16

      RG Overall Ranking

    • Ranked #15

      RG Tiered Ranking

    The NFL week 1 millimaker is $20 per lineup, 5.5 mil guaranteed, with 25% of the field getting money, and the top 10 pay out is as follows:
    1st 1,000,000
    2nd 200,000
    3rd 100,000
    4th 50,000
    5th 30,000
    6th 20,000
    7th-8th 15,000
    9th-10th 10,000

    Why wouldn’t they make it $33 per lineup, 6 mil guaranteed, with 20% of the field getting money and the pay out:
    1st 1,000,000
    2nd 500,000
    3rd 250,000
    4th 150,000
    5th 100,000
    6th 75,000
    7th-8th 50,000
    9th-10th 40,000

    I’d imagine 90%+ of the people willing to put in a few lineups for $20 would also be willing to put in a few lineups for $33. And doesn’t DK realize that the worse the pay out structure, the less interest people will have in entering multiple lineups? And if they are afraid of it not filling why wouldn’t they have started running satellites a month ago?

  • joerapjr

    My guess is their studies have shown them that more people are comfortable with a $20 price point than they are at a $33 price point.

    They ultimately want people to multi-enter, and max-entering a $20 costs $3,000, where maxing a $33 costs $4,950.

  • qutgnt25

    They want churn. The less bigger prizes in the top ten means less chance money gets taken off site. Paying out more than 20 percent of the field means more people “win” and are likely to play again. Simple stuff.

  • bigez952

    Millionaire Makers always have the absolute worst payout structures of all contests offered by DK since they are always extremely top heavy which makes me personally just not play them as they offer other contests with much better payout structures.

  • escot4

    • x2

      $2M Prize Winner

    • 2016 DraftKings FFWC Champion

    @gosixersgo76 said...

    The NFL week 1 millimaker is $20 per lineup, 5.5 mil guaranteed, with 25% of the field getting money, and the top 10 pay out is as follows:
    1st 1,000,000
    2nd 200,000
    3rd 100,000
    4th 50,000
    5th 30,000
    6th 20,000
    7th-8th 15,000
    9th-10th 10,000

    Why wouldn’t they make it $33 per lineup, 6 mil guaranteed, with 20% of the field getting money and the pay out:
    1st 1,000,000
    2nd 500,000
    3rd 250,000
    4th 150,000
    5th 100,000
    6th 75,000
    7th-8th 50,000
    9th-10th 40,000

    I’d imagine 90%+ of the people willing to put in a few lineups for $20 would also be willing to put in a few lineups for $33. And doesn’t DK realize that the worse the pay out structure, the less interest people will have in entering multiple lineups? And if they are afraid of it not filling why wouldn’t they have started running satellites a month ago?

    To be honest, I like their structure more than the one you outlined. I personally prefer the $20 price point over the $33 because the tournament is top-heavy in both, and the lower price leaves me with a higher percentage of my remaining budget to use in contests with flatter structures. Not only that, but DK’s week 1 Milly Maker pays about 26% of the prize pool to the top 10, whereas in your example around 37.5% of the total prize pool would go to the top 10, meaning in a way your version is more top-heavy. More people will come out ahead in the current DK structure.

    Don’t get me wrong, I do actually like your structure for most tournaments, but mostly when it’s a smaller field and higher buy-in (like $300+).

    Also, I’d be shocked if it doesn’t fill as is.

  • sochoice

    • 2017 DraftKings FBWC Finalist

    • 2017 FanDuel WFFC Champion

    Costs less per entry, payouts to more people. Probably an effective strategy in getting new people to play the MM and then play again.

  • Zieg30

    I much prefer a $20 buy-in with a lower percentage to first place (though DK routinely ignores the latter when planning out their milly makers), though I agree that the 20% payout to the field makes a lot more sense than the 25% payout.

  • jimmyrad

    I much prefer the $20 buyin as well, but gun to my head I’d take OP’s structure because I’d much rather see all those mini 1.5X payouts spread around the top 10/100/1000.

    All that said I’ve hated the structure of these so much in the past I’ve never even fired 1 bullet and now I’m deciding between 50, 100 or max. So, I guess they did something right here. Very happy with the selection of options across both sites for week 1, Hope it stays like this all season.

  • yisman

    @Zieg30 said...

    I much prefer a $20 buy-in with a lower percentage to first place (though DK routinely ignores the latter when planning out their milly makers), though I agree that the 20% payout to the field makes a lot more sense than the 25% payout.

    they need to have first get a high percentage or else it wouldn’t be a “milly maker”.

    Or they’d have to raise the buyin or total entries and they don’t want to do that.

    The milly makers have a ridiculous structure but advertising first place gets a million gets a lot of attention.

  • biglucky

    • x2

      2016 DraftKings FBWC Finalist

    • 2016 DraftKings FGWC Finalist

    I was thinking it might have to do with the $850,000 rake.

  • TheRyanFlaherty

    +1 to what Sochoice said.

    Really though I think $20 is going to prove too much. This has the makings of a huge loss-leader even with the hefty rake built in.
    $20 isn’t a ton, but it’s an amount of money that the majority of people think about before spending and the environment we are in is much different than a few years ago…3 years ago DFS was seen as new and seemed fun and exciting to the general public who naively believed it was easy and anyone could win. Now the public narrative is negative – some of it warranted, some misinformation but if you polled the general public they’ll say DFS is rigged and the average person has little to no chance of winning.
    If the sites want to bring in new players (or back lapsed players) they’d be wise to focus and advertise the larger GPP’s $10 and under. Money someone will throw away without thinking about it, or if you can get a few entries for $25 than it may seem worth it, etc.

    It will be interesting to see how these fill. The $3 is a great price point but that one is SO massive I can’t see it coming close to filling either. It’s also hard to gauge because as I said these become loss-leaders and a lot of spots end up comped so there’s no telling how many spots are paid even if they come close to filing.

  • Stewburtx8

    • 2012 FanDuel WFBC Finalist

    This is the reason why:

    Someone like myself always looks at the Milly Maker contests and thinks “wow that payout structure is awful. I should just play the $8 and/or $20 contests with much better payout structures.”

    Then I think to myself “But what if I happen to have the nut lineup and would have won a million dollars. Maybe this was the time. If I “only” won like $15k I’d just want to quit DFS and wouldn’t be able to forget about it.”

    Then I enter the Milly Maker with my lineups like an idiot and hope to cash for half of what I put in. Rinse and repeat.

  • bigez952

    @Stewburtx8 said...

    This is the reason why:

    Someone like myself always looks at the Milly Maker contests and thinks “wow that payout structure is awful. I should just play the $8 and/or $20 contests with much better payout structures.”

    Then I think to myself “But what if I happen to have the nut lineup and would have won a million dollars. Maybe this was the time. If I “only” won like $15k I’d just want to quit DFS and wouldn’t be able to forget about it.”

    Then I enter the Milly Maker with my lineups like an idiot and hope to cash for half of what I put in. Rinse and repeat.

    This is the very true statement I hear all the time and also used frequently by people who blow money every week on the same Powerball numbers. Winning the Milly maker and Powerball both highly unlikely but people like the dream of knowing someone has to win and maybe it can be them. I personally would only play the Milly maker tournaments if I was given a free entry so it looks like I won’t be the winner anytime soon.

  • yisman

    @Stewburtx8 said...

    This is the reason why:

    Someone like myself always looks at the Milly Maker contests and thinks “wow that payout structure is awful. I should just play the $8 and/or $20 contests with much better payout structures.”

    Then I think to myself “But what if I happen to have the nut lineup and would have won a million dollars. Maybe this was the time. If I “only” won like $15k I’d just want to quit DFS and wouldn’t be able to forget about it.”

    Then I enter the Milly Maker with my lineups like an idiot and hope to cash for half of what I put in. Rinse and repeat.

    yep

    milly maker has been a time sink and a waste of money for me.

    I’ve cashed, but with the structure, it wasn’t for much.

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