• Follow us on Twitter @buckeyeplanet and @bp_recruiting, like us on Facebook! Enjoy a post or article, recommend it to others! BP is only as strong as its community, and we only promote by word of mouth, so share away!
  • Consider registering! Fewer and higher quality ads, no emails you don't want, access to all the forums, download game torrents, private messages, polls, Sportsbook, etc. Even if you just want to lurk, there are a lot of good reasons to register!

DraftKings and FanDuel

Jump to latest Follow Reply
Sort by date Sort by votes
Dryden said:
What is glorious is that their greed is their undoing.

They could have sailed under the radar for years pocketing millions on word of mouth and well targeted Internet ads, but instead they decided to buy out all sports TV and radio programming and bombard sports fans in an effort to ramp sustainable gains into a massive valuation ahead of the eventual IPO. It's the same idiocy that occurred with poker ten years ago.

People never fucking learn that Vegas, eventually, will always win.
Click to expand...

or maybe they aren't as dumb as some have opined and they knew there was extraordinary regulatory risk so they went as far and as fast as they could (with investors money) cashed out in increments along the way and now are content to just sunset the thing?

Without knowing how much they made it's hard to say any of this was dumb.
 
Upvote 0
Dryden said:
What is glorious is that their greed is their undoing.

They could have sailed under the radar for years pocketing millions on word of mouth and well targeted Internet ads, but instead they decided to buy out all sports TV and radio programming and bombard sports fans in an effort to ramp sustainable gains into a massive valuation ahead of the eventual IPO. It's the same idiocy that occurred with poker ten years ago.

People never fucking learn that Vegas, eventually, will always win.
Click to expand...

Vegas fucked me last weekend, but not as much as the douche that was running his mouth about putting $400 on MSU. At least I made back some of my money on the Buffet of Buffets.
 
Upvote 0
Dryden said:
What is glorious is that their greed is their undoing.

They could have sailed under the radar for years pocketing millions on word of mouth and well targeted Internet ads, but instead they decided to buy out all sports TV and radio programming and bombard sports fans in an effort to ramp sustainable gains into a massive valuation ahead of the eventual IPO. It's the same idiocy that occurred with poker ten years ago.

People never fucking learn that Vegas, eventually, will always win.
Click to expand...

I had my sarcasm font on. I loathe the parasitic, greedy Silicon Valley disrupt this and sharing economy that and long for the day that Uber execs get invited to a very special neck-stretching party.
 
Upvote 0
Illinois AG Lisa Madigan: DFS betting is illegal gambling

Daily fantasy sports betting is illegal gambling under Illinois law, Attorney General Lisa Madigan said Wednesday.

Madigan's opinion, sought by two Democratic legislators, points out that the debate over whether the popular contests involve skill or luck is irrelevant. Illinois outlaws both.

The law "clearly declares that all games of chance or skill, when played for money, are illegal gambling in Illinois," Madigan, a Democrat, wrote.

Madigan's decree follows decisions in New York and Nevada to ban the online sites for the same reason. Democratic state Rep. Mike Zalewski of Riverside, who is pushing legislation to legalize and regulate the contests, said that while he disagrees that the pastime involves gambling, the ruling provides "more clarity."

Entire article: http://espn.go.com/chalk/story/_/id...daily-fantasy-sports-betting-illegal-gambling
 
Upvote 0
You must log in or register to reply here.
Back
Top