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#1
10-05-2015, 07:05 PM
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The nuts and bolts of the Draft Kings leak
http://www.legalsportsreport.com/454...data-leak-faq/
Fascinating scandal firestorm. Curious to see the fallout. "DFS" operating pall mall but Monmouth can't run organized, legalized sports betting.
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All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984. 
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#2
10-05-2015, 10:12 PM
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Hopefully this gives Congressman Pallone's questioning of the sites and promotion of fantasy play by the NFL etc some traction that would in turn help Monmouth's case for sports betting
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In the Picnic area at Monmouth Park. Haskell 2008
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#3
10-06-2015, 07:01 AM
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More from Chris Grove regarding the DFS non-reaction reaction: http://www.legalsportsreport.com/462...nd-regulation/
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
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#4
10-06-2015, 10:00 AM
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video discussion on need for regs, on foxciting investments by nba and football owners invested in DK
 http://finance.yahoo.com/video/fanta...104944129.html
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The virtue of a man ought to be measured, not by his extraordinary exertions, but by his everyday conduct. Blaise Pascal
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#5
10-06-2015, 07:29 PM
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Congress Is Waking Up To The Unregulated World Of Fantasy Sports http://m.huffpost.com/us/entry/56141db2e4b022a4ce5fc344
This came out Tuesday night.... http://www.nbcnews.com/news/us-news/...-sites-n439761
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"I guess it comes down to a simple choice, really. Get busy livin' or get busy dyin'." Last edited by asudevil : 10-07-2015 at 12:17 AM.
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#6
10-07-2015, 08:42 AM
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What I don't get with this Draft Kings/FanDuel thing is why they don't make the ownership percentages public from the beginning.
When we bet a horse that is 6-1 with 10 MTP, we all know that he might go off at 9-2, he might go off at 8-1, we have a relative idea of what to expect. We know that we get final odds, not the current odds when we place our bet. Since they are running a parimutuel system (everybody bets in, they take a cut), why wouldn't they just publish the ownership percentages of the players from the outset? Wouldn't that solve any insider trading questions right off the bat? Now, they would still have to show there is now past-posting and the like (not that there have been any accusations about that, but it is a logical question to ask). But insider trading accusations can be eliminated just by making the ownership percentages public from the beginning. Unless they don't want to because their "high rollers" have told them they find their edge from figuring out the ownership percentages, which I guess is possible, then I don't know why they wouldn't just publish those percentages and be done with it.
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#7
10-08-2015, 11:00 AM
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This might be only the tip of the iceberg. I think jms is on to something. These are private, unregulated companies. Who knows what is really going on.
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