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All-TigerNet [14090]
TigerPulse: 78%
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MVP [503]
TigerPulse: 100%
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Re: Fanduel and Draftings accused of fraud and false advertising
Oct 8, 2015, 11:42 PM
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Good! Can we please be free of all those ####### commercials now?
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All-TigerNet [14090]
TigerPulse: 78%
48
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Joined: 2005
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probably not, the mods sent out a tmail promoting fanduel***
Oct 8, 2015, 11:43 PM
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Oculus Spirit [41055]
TigerPulse: 100%
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This Will Ultimately Ruin Them
Oct 8, 2015, 11:43 PM
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The Lawyers smell blood. The idiot CEO didn't have sense enough to ban employees from playing. He's toast now.
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All-In [30593]
TigerPulse: 99%
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Joined: 2005
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they have a lot of big guns behind them...
Oct 8, 2015, 11:57 PM
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NFL and NBA love them b/c they increase interest. I believe Draft Kings has a partnership with ESPN, and one of them is partnering with the NBA (Fanduel maybe?)
Stupid move on CEO's part for sure... but I'm not sure I see them changing Federal Law
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Playmaker [362]
TigerPulse: 92%
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Minimal Impact in the Long Term
Oct 9, 2015, 10:07 AM
[ in reply to This Will Ultimately Ruin Them ] |
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Participation might drop slightly in the short term, but in the long term, these sights are money making machines. It's essentially legalized gambling. The participation by employees appears to be pretty small to date. Since neither site had inside information from the other's data, I don't see how a violation can be proven. Each site took publicly available information and did detailed analysis on that data. Employees who may have had access to that data may have used it for their own gain.
The only advantage those employees had was that they did not have to go to the expense of performing those analyses on their own. It may or may not be true that the time and cost of performing that data analysis is less than the potential return by using the results.
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Clemson Icon [27854]
TigerPulse: 100%
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Posts: 48316
Joined: 2010
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BS... Knowing the trends and betting the "offs" is a huge
Oct 9, 2015, 10:12 AM
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advantage as far as splits.... It's been corrupt from Day1. I'd imagine some of those "winners" were some those same insiders or 'friends'....
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National Champion [8013]
TigerPulse: 100%
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Absolutely....huge advantage.***
Oct 9, 2015, 10:21 AM
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Game Changer [1808]
TigerPulse: 100%
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Do Fanduel and Draft Kings have ads? Never seen them :)***
Oct 9, 2015, 9:54 AM
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Clemson Sports Icon [55940]
TigerPulse: 100%
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Re: Fanduel and Draftings accused of fraud and false advertising
Oct 9, 2015, 9:57 AM
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A sports version of insider trading.
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Clemson Icon [27854]
TigerPulse: 100%
54
Posts: 48316
Joined: 2010
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I was just getting ready to post this exact same thing...
Oct 9, 2015, 9:58 AM
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+1,000.
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Heisman Winner [84588]
TigerPulse: 100%
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I guess ESPN is in quite a quandary with this one
Oct 9, 2015, 10:19 AM
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maybe even a conundrum. Do we do the right thing and keep reporting this by big advertisers OR try to find away to report once and ignore.
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Clemson Icon [27854]
TigerPulse: 100%
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Posts: 48316
Joined: 2010
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Lots of money changing hands right now... legal and
Oct 9, 2015, 10:21 AM
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corporate.
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National Champion [8013]
TigerPulse: 100%
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Clemson Icon [27854]
TigerPulse: 100%
54
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Joined: 2010
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Maybe they'll fire CNN for whistleblowing...***
Oct 9, 2015, 10:29 AM
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Trainer [47]
TigerPulse: 99%
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Re: I guess ESPN is in quite a quandary with this one
Oct 9, 2015, 10:41 AM
[ in reply to I guess ESPN is in quite a quandary with this one ] |
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The bigger issue are the guys with Data analytic backgrounds that fill out 1,000s of teams using computer scripts based on their own algorithms. You should always check to see how many entries are allowed in any contest.
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Clemson Icon [27854]
TigerPulse: 100%
54
Posts: 48316
Joined: 2010
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Kinda like the hedge fund guys and microsecond trading.***
Oct 9, 2015, 10:43 AM
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Webmaster [∞]
TigerPulse: 100%
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Posts: 11448
Joined: 1995
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FYI - This does not really apply to the TigerNet leagues
Oct 9, 2015, 10:44 AM
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since they are private. You won't be competing against any FanDuel or Draftkings employees 
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Clemson Icon [27854]
TigerPulse: 100%
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Posts: 48316
Joined: 2010
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Definitely not as costly...***
Oct 9, 2015, 10:45 AM
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