Its Heating up.....Fandual CEO Says Offshore Sites Have Unfair Advantage

[d2bets]

FanDuel CEO Amy Howe said during a Thursday keynote panel that 25% of bettors who play with some offshore sportsbooks don't get paid.



I wonder if she thinks that really...

What she really needs to focus in is Fanduel paying winners and not banishing them so they do not need to look elsewhere.

I like the thought but IMO Fanduel is one of the few that allow winners to continue to play with reasonable limits. You might be thinking of Draftkings, MGM, Barstool, Rivers, etc.

I do wonder where the 25% comes from. Could be true if including some of the more fly-by-night offshore operations. Obviously not true if you stick to the better known names.

[Hahira Honey Bee]

Huh? Not scared, just stating facts. Comparing it to the past when there was no legal betting is just not a good comparison. The pressure back then came from right-wing religious groups and whatnot. Now it's from corporate lobbyists.

Right wing Republicans did not have a monopoly on this. 1998 was Clinton Admin, Peter Dicks Sportingbet was a Dem Louisiana Gov, Beshear was a KY Democrat. And corporate lobbyists have always BEEn in the mix. Think Sheldon Adelson.

[Optional]

I like the thought but IMO Fanduel is one of the few that allow winners to continue to play with reasonable limits. You might be thinking of Draftkings, MGM, Barstool, Rivers, etc.

I do wonder where the 25% comes from. Could be true if including some of the more fly-by-night offshore operations. Obviously not true if you stick to the better known names.

25% is ridiculous.

Would be more like 0.025% of withdraws not honored I would guess.

[d2bets]

Right wing Republicans did not have a monopoly on this. 1998 was Clinton Admin, Peter Dicks Sportingbet was a Dem Louisiana Gov, Beshear was a KY Democrat. And corporate lobbyists have always BEEn in the mix. Think Sheldon Adelson.

I never said Republican or Democrat. I said the pressure was from right-wing religious groups, because it was. They influence some dems too.

[Hahira Honey Bee]

I never said Republican or Democrat. I said the pressure was from right-wing religious groups, because it was. They influence some dems too.

They just make a whole lot of noise but in the whole scheme of things I can't think of a single instant where right-wing religious groups have been relevant when it comes to trying to stop internet gambling. More bark than bite.

[SeahawkSanders]

25% is ridiculous.

Would be more like 0.025% of withdraws not honored I would guess.

Bingo, she's absurd.

[Wilfred]

Maybe you missed their posts. Seen quite a few about this.

Pretty sure if you get hit with a sports betting one the only offset allowed is from that same betting session.

Or do you know better than me how it works?

Nope, for sports you could win a billion dollars and not get 1 1099 or you could hit a parlay at 380-1 betting $1 and make $380 and get a form based off the odds. Many people were confused over FanDuel/DK saying you get a 1099 for $600 because that’s what they do for the fantasy aspect of their websites.

[jjgold]

nothing will happen

too many other things way more important than offshore gambling

They cannot even stop drugs

[Fishhead]

nothing will happen

too many other things way more important than offshore gambling

They cannot even stop drugs

[PaperTrail07]

True but A LOT of bigger $ avoid offshore due to trust issues....atleast the people that I know that bet big---20K a week ect....

25% is ridiculous.

Would be more like 0.025% of withdraws not honored I would guess.

[PaperTrail07]

Agree....they eating steak no time to worry about the sides......

nothing will happen

too many other things way more important than offshore gambling

They cannot even stop drugs