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I totally agree. Did you happen to see Freed's post a couple pages back in reference to that? Mind-blowing.cardsfansince82 wrote:The amount of money they are spending on ads plus getting basically all of sports media to shill for them overnight must be incredible. That alone would give me pause about playing because their "rake" has to be huge to support all of that.
And, if sports betting goes legit--and with lots of weight behind it, not just from pro leagues, but also from federal agencies, it's possible, congressional hearings notwithstanding--these places are going to be worth 6 Kajillion dollars if they can play their cards right. Shift that money from incessant advertising to lobbying and they got it.Saahil Sud is a fake-sports apex predator. He enters hundreds of daily contests in baseball and football under the name "maxdalury," and he almost always trounces the field. He claims to risk an average of $140,000 per day with a return of about 8 percent. Sud studied math and economics at Amherst College and took a job in data science at a digital marketing firm before shifting to full-time fantasy. He's now the top-ranked daily fantasy sports player, according to Rotogrinders, a stats site for daily fantasy players. He says he's made more than $2 million so far this year.
http://www.si.com/nba/2015/10/01/nba-da ... ts-betting“I’m with Commissioner Silver,” Stern said. “There should be federal legislation that says, ‘Let’s go all the way’ and have betting on sports. It’s OK. It’s going to be properly regulated.”
While Stern is in favor of allowing betting on athletic events, he believes that it should be a matter of federal law, and not decided on by state legislation.
“If it’s subject to 50 individual states, you have every state representative who thinks he has a perfect idea — that’s problematic.”
Kyle wrote:I totally agree. Did you happen to see Freed's post a couple pages back in reference to that? Mind-blowing.cardsfansince82 wrote:The amount of money they are spending on ads plus getting basically all of sports media to shill for them overnight must be incredible. That alone would give me pause about playing because their "rake" has to be huge to support all of that.
And thought it sounded familiar - Edward Norton narrates a few of those ads. I like Ed.metronomic frequency with which the DraftKings spots run, the actual booking data is almost beyond comprehension. DraftKings ads have aired a skull-clutching 16,259 times over the course of the month, which works out to 135 hours and 25 minutes of 30-second spots. That's more than five and a- half days, or a full work week, of commercial messaging that's been hammered out in the span of a 29-day period
http://www.nytimes.com/2015/10/05/opini ... bling.htmlRein In Online Fantasy Sports Gambling
By THE EDITORIAL BOARD OCT. 5, 2015
From what I read, they aren't profitable and are angling towards IPO before implosion.tlombard wrote:At some point in the fairly near future these sites have to implode right? .
