DraftKings and FanDuel Scandal
The Daily Fantasy Sports (DFS) feud between DK and FD and all the advertising the American people have had to suffer through, reminds me of another 2 party system that bombards us with ads at a certain time of year. I think we are all just as sick of these DFS ads as we are of the political ones.
In this funny video, it says the two companies have spent $100 MILLION on 30,000 commercials that aired. They are “carpet bombing” us. These two companies in a couple of years have been valued at over $1 billion dollars which is an impressive ascent, or at least it seemed impressive until we learned that these companies are saturated in scandal and corruption.
Even the personality in this video WHO IS A SPONSOR OF FANDUEL admits to never winning. We now are starting to see why. It was just discovered that the two companies have employees using their insider information to win on each other’s sites and there are people with huge bank rolls equipped with algorithms which seems fishy on its own. When you see the breakdown of the percentage of people that win (the far left column) and how much they make (the ROI on the right column) it starts to look even more suspect.
ONLY 1.3% (OR ABOUT 1 IN 100) WIN MONEY (SHOWN AS POSITIVE ROI ON THE CHART)
That is why I’m so excited about Easy Streak and our Model!
WE LEVEL THE PLAYING FIELD:
- We’re not pay to play (People with large bankrolls don’t have the advantage)
- You pick teams not players (Everyone has access to the insider info via Vegas Odds)
- 1 Entry Per Person (Everyone has an equal chance of winning the daily and monthly cash prizes)
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