INDUSTRY FORUM

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  • rannas23

    Just wondering if the price will ever go down on these big multi entry contests (150 max entry) or will they keep increasing the price. I looked at baseballs DK 15 game slate and saw the $44 one not the $33…150 max entry. Are they doing away with the $33 and $27 big multi entry contests. I can still enter $8 ones but it seems if I want to ever max enter beyond that I’ll have to significantly increase my bankroll. I get why people wanted the 20 entry limit and there are plenty of those now for the $4 and $3…..but can’t they create the big max entries for price ranges around $4 and $3 or even $5. Seems like for every 20 entry or single entry contests, they could have a max entry contests for the same price entry for some that want to dabble in big multi entry max contests.

  • KindGuy

    It’s beem by biggest complaint about DK and to a lesser extent FD.

    And to answer your question: The answer is no.

    If anything, the price will go up. Either that or the rake. Or both.

  • makeitra1n

    My great grandfather told me of a time when they had a 1 dollar max 150 gpp with 100k+ entries and 5 figures to first.I told him he was crazy and he was making it up lmao

  • billholler

    @makeitra1n said...

    they had a 1 dollar max 150 gpp with 100k+ entries and 5 figures to first.

    Max entries of 500 was still a thing a little over a year ago.

  • DefinitelyMiami

    @makeitra1n said...

    My great grandfather told me of a time when they had a 1 dollar max 150 gpp with 100k+ entries and 5 figures to first.I told him he was crazy and he was making it up lmao

  • deejones49

    They will go back to 1 or 2 dollar with high payouts. They keep going up on buy ins to keep up profits but that will dry up soon.

  • rannas23

    I hope your right…I would be happy with $3,$4, or $5 dollar with high payouts and entries a little more than 20. I don’t max enter too often but about a year ago I did it once in a while and got good results sometimes but lost my ass on others. If they keep going up on buy ins it really does affect the casual players bankroll and they won’t be able to play as much.

  • MikeMineo

    lol DK’s format is basically either:

    -pay $4 to compete against 50k people and win $5000 if you finish 1st — out of 50k people.
    -pay $40 per lineup

    I miss when DK actually used to have meaningful $3-4 MLB GPP contests, giving out $15k-20k for finishing in 1st out of 70k or 80k people.
    literally no point in spending $4 to win $5k for a 1-in-50,000 shot. such a dumb format to spend time researching on. after taxes taking home around $3k for finishing first out of 50k people haha.

    but when your player base is down and the industry has reached its peak in terms of active player base, and there’s not one sports fan in the country who doesn’t know what FD/DK is at this point, there’s not much to do.

    Fanduel’s format is vastly superior since it actually gives winners a meaningful prize that’s worth chasing and researching for.

  • Olhausen

    It will if you stop playing in them. I personally won’t enter in anything more then 1$ now that they have increased the entry fees from 3$ to 4$ and higher.

  • jjwd

    A comment from the sites would be great. Not too much to ask.

  • sochoice

    • 2017 DraftKings FBWC Finalist

    • 2017 FanDuel WFFC Champion

    Not until people stop playing. All the contests fill, so the sites have no incentive to reduce the prices. The market is speaking.

  • NSNunn

    I’ve emailed them MANY times. Every time, I get the same response: our team is just trying out different entry limits, and the change is not permanent. Also, they claim to pass that information on to those who create the contest.

    If a player would like to try their hand at max entering 150, why is the smallest investment have to be $1200 (8$ tournament)? I used to play 50 teams in the 0.25, $1, and $2 every night when the max was 50. I wanted to do 159, but 50 still seemed like enough to cover what you want to cover. Now that all of those tournaments have dropped to 20 max, it just feels like a crap shoot.

  • Tuttlebag

    Dk has said on twitter before that they likely will never go back to 150 max at low dollar price point. Likely only see $8, and occasional $6.

    https://twitter.com/JonAguiar/status/868483021514706944

  • btwice80

    @MikeMineo said...

    Fanduel’s format is vastly superior since it actually gives winners a meaningful prize that’s worth chasing and researching for.

    Completely disagree about Fanduel. I hate that all their large field GPPs have gone so top-heavy. Pretty much the only time I consider playing their big GPPs are the couple times a week when the Slam is $100k with $15k going to 1st. The Squeeze and Rally, and usually the Slam too, have become unplayable to me. 20% of the prize pool and often even more to one person out of tens of thousands of entries is dumb.

  • jjwd

    @Tuttlebag said...

    Dk has said on twitter before that they likely will never go back to 150 max at low dollar price point. Likely only see $8, and occasional $6.

    https://twitter.com/JonAguiar/status/868483021514706944

    Thanks for the link. A disappointing conversation there. And sloppy that it’s the only place where DK has commented on their strategy. No stats from Aguiar, only glib assertions. SMH

  • tonedefrob

    @btwice80 said...

    Completely disagree about Fanduel. I hate that all their large field GPPs have gone so top-heavy. Pretty much the only time I consider playing their big GPPs are the couple times a week when the Slam is $100k with $15k going to 1st. The Squeeze and Rally, and usually the Slam too, have become unplayable to me. 20% of the prize pool and often even more to one person out of tens of thousands of entries is dumb.

  • noddy

    These sites don’t give a shit about anyone. They have become so greedy it’s a shame.

  • rannas23

    I saw an opinionated post on another thread that mentioned about the FD/DK merger that if it didn’t go thru that DFS could be history in the not so far out future. Is it possible the sites are losing money and they are upping the entry costs because of legal fees and other expenses? It just seems like this upward trend of entry costs started within the last year or so more frequently. Wish we had more information and better communication with the sites with their decision making and status.

  • wcweyman24

    We will see how sustainable they can be, when the states finally figure out how to proceed with them. Hell my home state of Pennsylvania is going to require a $5 Million per year license fee to operate here, and thats all due to the casinos headhunting everything. You wouldn’t believe the process the local little league and sportsmans associations have to go through, just to have a raffle because of these casinos.

  • mabrla

    They should just increase the rake. I can’t believe I paid $88 to play the slam yesterday. Absurd.

    Would rather pay less and have less entries win. I’ll eventually have to move down to primarily small contests if the trend continues…..which will make me lose interest.

    Want to lose interest in DFS? Play $20-$100 stakes for a while then try a $3 tournament….tell me how much work you put into research is knowing a min. cash is a measly $6 bucks..

  • mabrla

    @MikeMineo said...

    lol DK’s format is basically either:

    -pay $4 to compete against 50k people and win $5000 if you finish 1st — out of 50k people.
    -pay $40 per lineup

    I miss when DK actually used to have meaningful $3-4 MLB GPP contests, giving out $15k-20k for finishing in 1st out of 70k or 80k people.
    literally no point in spending $4 to win $5k for a 1-in-50,000 shot. such a dumb format to spend time researching on. after taxes taking home around $3k for finishing first out of 50k people haha.

    but when your player base is down and the industry has reached its peak in terms of active player base, and there’s not one sports fan in the country who doesn’t know what FD/DK is at this point, there’s not much to do.

    Fanduel’s format is vastly superior since it actually gives winners a meaningful prize that’s worth chasing and researching for.

    Bingo.

  • rannas23

    Now that the merger is blocked…will be interesting to see if entry prices go up over the next couple weeks.

  • Olhausen

    @mabrla said...

    They should just increase the rake. I can’t believe I paid $88 to play the slam yesterday. Absurd.

    Would rather pay less and have less entries win. I’ll eventually have to move down to primarily small contests if the trend continues…..which will make me lose interest.

    Want to lose interest in DFS? Play $20-$100 stakes for a while then try a $3 tournament….tell me how much work you put into research is knowing a min. cash is a measly $6 bucks..

    I went from playing 100$ plus a night 2 years ago to maybe 15$ max a night and I still have plenty of fun researching and playing every single day. The highest tournament I enter now is the solo shot.

  • sethfein

    Go through the entries for the multi-entry GPP and you find the same names with 150 lineups every night, in every contest.

    It’s the same 100 people just passing money back and forth and the people in between, the non familiar names, are the suckers who lose their $$ to these guys and cover the rake/profit for them.

    People are starting to catch on and many I have spoken to have stopped playing for that reason. Let these guys just rake themselves out and then come in when these companies react appropriately.

    Unfortunately, the reality is people are addicted to the gambling aspect (as any other casino game), and convince themselves they just got unlucky by being off a few player picks. They see once in awhile someone win a few grand and think they could do it to.

  • makeitra1n

    @sethfein said...

    Go through the entries for the multi-entry GPP and you find the same names with 150 lineups every night, in every contest.

    It’s the same 100 people just passing money back and forth and the people in between, the non familiar names, are the suckers who lose their $$ to these guys and cover the rake/profit for them.

    People are starting to catch on and many I have spoken to have stopped playing for that reason. Let these guys just rake themselves out and then come in when these companies react appropriately.

    Unfortunately, the reality is people are addicted to the gambling aspect (as any other casino game), and convince themselves they just got unlucky by being off a few player picks. They see once in awhile someone win a few grand and think they could do it to.

    And one of those names,jjwd,commented on this post.listen these people have some sort of skill.most of it is in the gargantuan amount of lineups they have compared to the field,but there is skill.

    the thing is they are able to reach their true roi faster than everyone else because they are hitting a large sample size pretty fast.it takes 10 days for them to hit 1500 lineups individually,something that I’m sure takes most everyone the whole season.

    If keeping the large prize pools means I see the same names so be it.I’d rather that than 3 or 10 or 20 entry maxes on everything.and honestly if I’m not winning idgaf who is lol.

    My beef is with the sites increasing the cost of these gpps,especially the small buy in ones,and making the 1 dollar gpps 3 entry max in both the short slates and full ones.

  • Roma315

    • 705

      RG Overall Ranking

    • Ranked #87

      RG Tiered Ranking

    The buy ins keep increasing and the tournaments have become super top heavy.
    Last night FD $150k prize pool paid 36% to the top 3 spots.

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