DRAFTKINGS has the power to bring down entire USA MARKET with their BS outside of NV
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lakerboySBR Aristocracy
- 04-02-09
- 94367
#36Comment -
StackinGreenSBR Posting Legend
- 10-09-10
- 12140
#37There will always be books for every audience or type of bettor.
If the pros were pushed out, and the entire market were comprised of high vig paying public bettors then we can just step back in as the sophistication of the marketplace will be low enough that we can overcome the vig and profit again.
We are a long ways away from anything like that though.
KVB on pointComment -
StackinGreenSBR Posting Legend
- 10-09-10
- 12140
#38I can't recall a take of yours that actually made any sense, but I'll reserve judgment here. What are you saying "is over" as in, what is your position if they do whatever you think they can or want to do "with their lines"?Comment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#39They will have the market dominated and potentially be able to become not just a US book but have a global impact. When you can be the first market mover, you will own the entire world.Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388189
#40Fandual even bigger than DraftKings
MonopolyComment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#41Fanduel will be the square book of choice. They are going to be US Bet 365.Comment -
StackinGreenSBR Posting Legend
- 10-09-10
- 12140
#42I understand this is your claim/prediction about what is possible, but why will they "dominate the market"? Spell it out, you are coming to conclusions that are fast forwarded in your mind but may or may not be valid step by step. Please explain.Comment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#43When they become equal to Bookmaker/Pinnacle, all the money comes out of those books.Comment -
StackinGreenSBR Posting Legend
- 10-09-10
- 12140
#44JJ, open question to you as well if you see it the same way Bannon does. What exactly are you claiming they have the ability to do? (if they do it "right")Comment -
StackinGreenSBR Posting Legend
- 10-09-10
- 12140
#45My current problem is tracking. Isn't this a huge disadvantage for them? That is, what about players that wager between 1-5k per game and over 10k on a Sunday? Does that money mean little in the big picture because there will be so vast a number of $20-$50 players?Comment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#46What they have to accomplish is to become capable of professional action. Eventually all professional action comes to the US and US books will determine all the lines in the world. DraftKings is in positon to do that now but has so far not aspired to it. They seem to be moving in that direction step by step. One book will eventually figure it out and when it does, everything breaks their way and everyone else tries to catch up. That is when the US becomes the gambling superpower.Comment -
StackinGreenSBR Posting Legend
- 10-09-10
- 12140
#47Why do they "want professional action"? As KVB suggests, there is something for everybody. Universal realities indicated that for every benefit there is a downside, which I presume you know regarding "professional action."
Wouldn't the best model be to get the largest amount of casual or entertainment betting money (square) going? Then your only issue is squeezing so hard that people clearly don't win, or win enough long term, and actually notice. Horse Racing is an example of this, where take got so high that you functionally cannot be anything but a spot player, or a conglomerate whale with rewards/rebates, the only thing that makes it your while - and ruins it for the smaller player, even if he is pretty sharp at times.Comment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#48Yes, they don't want it. That is what they are doing. So that is a big space, the biggest. But everybody is going to get involved there.
At some point, somebody decides they want to really make money. They decide to book professional action. Right now, DraftKings is the best candidate for that.
But this is years in the making. DraftKings is the most competent right now in running things online but all of these books are incompetent. It will take years for them to learn how to do this stuff. But it happens sooner than you expect as all of this has.
I don't think the company that does all of this even exists today.Comment -
StackinGreenSBR Posting Legend
- 10-09-10
- 12140
#49Ok, thanks for the take.
What do you think the ROI is for pros? It's obviously a math game because the expected return for pros will be much, much higher and thus only amounts of money will make it worthwhile, with the book making a low take but on high or larger limits.
My suspicion is that the added work is not worth it at all for them. You need constant monitoring and line adjustment, tracking, etc. With casual retail idiots you are basically guaranteed certain ranges of revenue with little added effort and oversight, comparatively.Comment -
KVBSBR Aristocracy
- 05-29-14
- 74817
#50Lmao other books are light years ahead of DK when it comes to industry professionals.
DK is barely in the space and show no signs, or very little, of even entering that space.
Each day, week, and month will bring new opportunity, and even then DK will be taking our action unknowingly, they are not a book for professionals.
When you can deposit a shit ton into DK and only trade with the manager matching deals, then we can talk.
Until then they will be a rec book with little hope of adapting thanks to the corporate model. That can be a positive though as we can pick off forced lines.
Comment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#51KVB is watching DraftKings with a multi-billion market cap and he no idea what is even happening.Comment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#52Ok, thanks for the take.
What do you think the ROI is for pros? It's obviously a math game because the expected return for pros will be much, much higher and thus only amounts of money will make it worthwhile, with the book making a low take but on high or larger limits.
My suspicion is that the added work is not worth it at all for them. You need constant monitoring and line adjustment, tracking, etc. With casual retail idiots you are basically guaranteed certain ranges of revenue with little added effort and oversight, comparatively.Comment -
gauchojakeBARRELED IN @ SBR!
- 09-17-10
- 34103
#53JesusComment -
jjgoldSBR Aristocracy
- 07-20-05
- 388189
#58Fishhead are you linked to draftkings???????????Comment -
FishheadSBR Aristocracy
- 08-11-05
- 40179
#59Do you mean affiliated with them???
Hell no
--------------------------------------------
DK is available in IOWA, one of the venue's is in Emmetsburg, 25 miles from where I grew up.
The only other link to them is I worked with two of their main oddsmakers, John Avello and Mark Dufty at the Sands..........John and me were supervisors/line adjusters /oddsmakers and Mark was the manager who also aided in line adjustments and oddsmaking.Comment -
KVBSBR Aristocracy
- 05-29-14
- 74817
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d2betsBARRELED IN @ SBR!
- 08-10-05
- 39990
#62
I was under the impression that they were welcoming big betting to show big volume and leadership to shareholders, but maybe that was only for a "limited" time. I guess even DK has a "pain" threshold.Comment -
FishheadSBR Aristocracy
- 08-11-05
- 40179
#63I don't know if it varies by state, but I can say for sure that Draftkings changed/tightened up significantly recently (within the past couple weeks). Quite unfortunate and limiting (literally) for professional bettors, although not quite a death blow (yet). You just never know how they might change at any given time. Fanduel has undergone various alterations in the past as well.Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388189
#64Avello a big part of the growth at draftkings
LIKE I SAID they got away from 3rd party line providers which has helpedComment -
MinnesotaFatsSBR Posting Legend
- 12-18-10
- 14758
#65<a href='https://postimg.cc/1nRFqMG6' target='_blank'><img src='https://i.postimg.cc/xCM3B4qs/Screenshot-20211026-170405-Samsung-Internet.jpg' border='0' alt='Screenshot-20211026-170405-Samsung-Internet'/></a>
DraftKings loses money guys
$1.2 Billion last 12 months
It's a public company run by beurecrats who do not understand gambling.
The board is made up of Consumer Product Production experts, who are used to 35% wholesale margins onto of 100% production margins and outsourced overhead.
DraftKings will ultimately fail or be taken over for pennies on the dollar.Comment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#66I don't know if it varies by state, but I can say for sure that Draftkings changed/tightened up significantly recently (within the past couple weeks). Quite unfortunate and limiting (literally) for professional bettors, although not quite a death blow (yet). You just never know how they might change at any given time. Fanduel has undergone various alterations in the past as well.
I was under the impression that they were welcoming big betting to show big volume and leadership to shareholders, but maybe that was only for a "limited" time. I guess even DK has a "pain" threshold.
They are making the right moves to get there. They are still incompetent.Comment -
FishheadSBR Aristocracy
- 08-11-05
- 40179
#67
We has a great staff at the Sands from top to bottom, legendary.Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388189
#68Fishhead..AVELLO MADE YOU
ALSO DANNY SHERIDAN HELPED YOU ALONG THE WAYComment -
FishheadSBR Aristocracy
- 08-11-05
- 40179
#69
LOL, I was in the business before Avello............we held same capacity at the Sands, we both learned a ton from each other.
He moved right into his position at Sands from being craps dealer and then eventually managed the WYNN for years.
I came up through the ranks doing everything.......(writing and grading tickets by hand, ADMIN, cashier, etc., etc.)Comment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#70
It is a shame what this site is coming to.Comment
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