DraftKings & FanDuel's Data Drama: The Inside Scoop

Hosted by old laptop

Tweet Share
Attend

Look, if you're from the States and the names DraftKings and FanDuel don't ring a bell, you must've been living under a rock. These guys have been everywhere with their ads, but now they're in the spotlight for a whole new reason. The New York Times just dropped this bombshell story—yeah, it was big enough for a news alert on my phone—about a DraftKings employee bagging $350,000 on FanDuel. Everyone's losing their minds over this, and it's not just the usual sports and tech heads.

So, here's the deal with DraftKings and FanDuel: They're all about this thing called ""daily fantasy"" sports. It's like the fantasy sports leagues you're used to, but you don't have to wait around for an entire season to see if your team bombs. Instead, you can jump into a new game and pick a fresh squad every single week. ESPN, those bigwigs of fantasy football, even buddied up with DraftKings in a deal that goes exclusive soon. Yahoo's not far behind; they whipped up their own daily fantasy platform to get in on the action against these two tech upstarts.

Now, FanDuel might have been around three years longer, but DraftKings? They've been throwing cash at TV ads like there's no tomorrow, tripling what FanDuel's spent, and right now, they're the ones to beat. These companies aren't just small fry; they're billion-dollar behemoths. With the stakes so high—think major moolah—the heat's on from lawmakers eyeing them with suspicion, and they've already stirred up quite the controversy why not check here.

People can't seem to agree if daily fantasy sports is just a bit of fun or straight-up gambling. At the federal level, it's all good thanks to it dodging the 2006 Unlawful Internet Gambling Enforcement Act. On the state side, most places let it slide because it's seen as a skill game, not a roll of the dice. But still, there are five states holding out, not buying it.

Here's where it gets juicy. Ethan Haskell, a DraftKings employee, had his hands on some pretty valuable info—the kind that tells you which NFL players folks are picking on DraftKings. Armed with that intel, he could've had a killer advantage playing on FanDuel, since the two play pretty much the same. Each player has a price tag, and it doesn't really change week to week.

How Becoming a Poker Pro Helped Me Accept a Personal Tragedy - WSJ

The whole game's about balance. You're working with a make-believe budget, trying to snag players who'll crush it without blowing all your cash. Let's say Haskell caught wind that barely anyone was picking LeGarrette Blount from the Patriots last week. That might've nudged him to choose Blount for his own lineup. But, and it's a big but, Blount needed to actually perform on the field—that's not something you can predict, no matter what data you've got.

Now, Haskell's lineup in the ""NFL Sunday Million"" contest on FanDuel, where he pocketed a cool $350,000 and snagged second place, was a wild mix. He had the crowd favorites like Stephen Gostkowski and Seattle's defense, sure. But he also took some risks with less popular picks like Andy Dalton—who's been on fire, by the way—and A.J. Green, who racked up 40 fantasy points and was only on 4.4% of the lineups.

The Times is drawing parallels with insider trading, but it's not a perfect match. Knowing what players everyone else has picked is only half the game—you still need those players to knock it out of the park bbc. Haskell's a self-proclaimed ""grinder,"" a term for the hardcore fans who dive deep with research and spreadsheets. (There's been some chatter that only these grinders ever see the big bucks from DraftKings and FanDuel.)

A couple of months back, Haskell was chatting with RotoGrinders, his old stomping ground before DraftKings, about his knack for fantasy sports. So, even though that ownership data would've given him an edge, clinching the top spots in FanDuel's busiest contests takes more than just insider info—it takes real skill and some savvy picks.

What's really wild is that until this whole scandal blew up, DraftKings and FanDuel employees were free to play on each other's sites. That's off the table now, at least for the moment. Both companies have put a stop to it.

In a twist right out of a movie, the two rival companies joined forces and put out a statement together, plastered on both of their websites:

""Nothing means more to us than the integrity of our games. We've got strict policies to prevent any misuse of the info we hold, and we keep a close eye on anyone with access to it. Our internal fraud teams are on top of this, and we haven't found any shenanigans. Still, we're doubling down on our security checks to make sure everything's as tight as possible. We're also planning to work with the wider fantasy sports world on these issues to keep the trust and fun going for all our players.""

For some odd reason, FanDuel's website throws in an extra line that's missing from DraftKings' version. It's something like, ""With the recent spotlight on employees playing on FanDuel and DraftKings..."" They're clearly trying to address the elephant in the room.

Late Monday night, DraftKings hit us with another statement. They're dead set on clearing up any confusion about this data leak on their blog, stressing that there was no foul play. They've been investigating like crazy—checking records, grilling employees, and sharing what they know with FanDuel. They say Haskell didn't get that ownership data until after the deadline for tweaking FanDuel lineups. They're adamant that he couldn't have used pokernews the info to game the system, and they're sticking to their guns that there was no unfair advantage or wrongdoing.

Life is Poker, Not Chess

And just when you thought it couldn't get more intense, on Tuesday night, the New York Attorney General, Eric Schneiderman, announced he's diving into the whole mess with an investigation into DraftKings and FanDuel.

But even with all this drama and the legal gray areas—heck, a sports law professor even told Fortune that he thinks the PGA Tour contests DraftKings runs are illegal—it's not slowing them down. On the NFL season's first Thursday alone, with the Patriots squaring off against the Steelers, DraftKings had over 220,000 new people sign up.

This whole legal mess they're in now? Chances are, they've brought it on themselves with that relentless bombardment of ads more than this one scandal.

Sure! Here's a rewritten version of a non-existent middle section of an article with the provided specifications:

Spilling the Tea on the Best Kept Secrets

So, you know when you stumble upon something that's just so good, you kinda wanna keep it to yourself? Yeah, that's how I felt when I first discovered these little gems. But hey, I'm feeling generous today, so let me spill the tea on some of the best-kept secrets out there.

Poker Night in America - Series

I'm talking about those go-to spots that don't always make the front page of travel brochures, but they're pure gold. Picture this: tucked-away cafes with the richest coffee you've ever tasted, mom-and-pop shops with the kind of service that makes you feel like royalty, and hidden parks where you can just chill and forget the world for a while. It's like finding your own little slice of paradise in the hustle and bustle of daily life.

Chasing the Local Vibes Like a Pro

And let me tell ya, there's nothing quite like hitting up the local scene. It's like, the moment you step into these places, you can feel the vibe shift. You're no longer just another tourist; you're a part cnn of the community, even if it's just for a day. You get to see how the locals live, eat where they eat, and play where they play. It's the real deal, and it's freaking awesome.

I remember this one time, I found myself in this tiny village - it wasn't even on the map. But the people there, man, they were the salt of the earth. Welcomed me with open arms, shared stories that you wouldn't believe, and the food - oh lord, the food was something else. That day I learned something important - it's not just about the places you go, it's about the connections you make and the experiences you take with you. That's what sticks, ya know?

Unlocking the Magic of Hidden Gems

And don't even get me started on the hidden gems. These are the spots that you usually hear about through word of mouth or by pure accident. You know, the kind of places that make you feel like you've been let in on a huge secret. It's like the universe is giving you a cheeky wink and a nod, saying ""Hey, this one's just for you.""

Best Online Poker Sites To Make Money In 2024 – USA Players! ♠️ - YouTube

These hidden gems, they've got a magic to them that's hard to put into words. It's like for a moment, everything aligns, and you're exactly where you're supposed to be. It's a feeling that's so freaking special, it's almost sacred. And when you find these places, you hold onto them tight because they're the stories you'll be telling for years to come. They become a part of you, a part of your journey. And believe me, they're worth every bit of the search.

Time:
March 31, 2024, midnight - May 15, 2027, midnight
Place:
No place selected yet.

Comments

Attendees (1)

MargarettVizenor Yes
Host

Photos