FanDuel Executive: Poker Is Not A Game Of Skill

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  • SharpAngles
    SBR Hall of Famer
    • 04-15-14
    • 9467

    #1
    FanDuel Executive: Poker Is Not A Game Of Skill


    The follow-up question to FanDuel CFO Matt King was, “So you don’t think winning at poker involves skill?” to which he replied: “There is a lot of academic research on this, what’s the skill versus luck kind of spectrum. The reality is within poker, every time you shuffle the deck, it creates an element of luck that trumps it basically to being much more a chance-dominated game than a skill-dominated game.”
    King went on to say that DFS “is truly a game of skill” like the sports games themselves. “The more you practice [at skill games], the better that you get,” he said. “Many of the forms of regulated gambling are actively constructed so they are games of chance, and that is a very, very different experience than a game of skill, which is what fantasy clearly is.”

  • jtoler
    BARRELED IN @ SBR!
    • 12-17-13
    • 30967

    #2
    Lol they would say such.
    Comment
    • Auto Donk
      SBR Aristocracy
      • 09-03-13
      • 43558

      #3
      obviously DFS involves less "luck" than drawing cards.... and as far as his comment about "luck of the draw" trumping skill, there's a lot of truth in that as well.... because no matter how much more skilled a player might be over another, he will nevertheless lose his ass to the less-skilled player being run over by the deck....

      98% of the time you can't bluff mutha fckas off premium hands or damn near the nutz
      Comment
      • Auto Donk
        SBR Aristocracy
        • 09-03-13
        • 43558

        #4
        but enough shop talk, let's all do the "Small b"!!!!!!

        Comment
        • oneunder
          SBR Wise Guy
          • 09-11-08
          • 593

          #5
          I believe it was Annie Duke that said:

          "It's a game of skill if you can lose on purpose"
          Comment
          • Auto Donk
            SBR Aristocracy
            • 09-03-13
            • 43558

            #6
            Originally posted by oneunder
            I believe it was Annie Duke that said:

            "It's a game of skill if you can lose on purpose"
            lsu4everandever and luisballo are very, very skilled players
            Comment
            • astro61200
              SBR MVP
              • 09-15-07
              • 4843

              #7
              Makes sense, he has to say this. If he says it is also a game of skill then then can use that against him to lump DFS in with poker and make it illegal easier.
              Comment
              • brainfreeze
                SBR Hall of Famer
                • 05-13-14
                • 5689

                #8
                Interesting .. A gamble is involved but how much so as the cards turn and for what cards and who's playing them. My perception is that it's more skilled based 95% of the time. Controlling the "bets" is a skill in itself.
                Comment
                • RudyRuetigger
                  SBR Aristocracy
                  • 08-24-10
                  • 65084

                  #9
                  wasn't draftday started by poker pros?
                  Comment
                  • SharpAngles
                    SBR Hall of Famer
                    • 04-15-14
                    • 9467

                    #10
                    Originally posted by Auto Donk
                    obviously DFS involves less "luck" than drawing cards.... and as far as his comment about "luck of the draw" trumping skill, there's a lot of truth in that as well.... because no matter how much more skilled a player might be over another, he will nevertheless lose his ass to the less-skilled player being run over by the deck....
                    No difference between DFS or poker in regards to luck. One hand/daily contest means nothing. Add up 1000's of hands/daily contests and the cream rises to the top exactly the same. When it comes to skill, whether its multitabling poker or mass lineups in the big DFS dailes, volume and technical knowledge are key once you've reached a certain skill level. Very little luck involved once you get a big enough sample for poker or DFS so I can't agree with you here donker.

                    Originally posted by Auto Donk
                    98% of the time you can't bluff mutha fckas off premium hands or damn near the nutz
                    Well yeah, duh!
                    Comment
                    • GUMMO77
                      SBR Hall of Famer
                      • 08-23-10
                      • 9294

                      #11
                      The Frontline special was decent. I'm not sure if anyone else caught it. It was about half fantasy sports and half about online books. If you get a chance it's something you can watch/listen to in the background while you work.
                      Comment
                      • Triple_D_Bet
                        SBR Hall of Famer
                        • 12-12-11
                        • 7626

                        #12
                        Well sure, the guy's out to use government power to try and limit his competition, and will smear that competition as much as necessary....same as with any other inpretty predictable. The uninformed who will believe him and vote accordingly (instead of reading and understanding a few sentence explanation to why he's wrong) are the ones at fault
                        Comment
                        • Auto Donk
                          SBR Aristocracy
                          • 09-03-13
                          • 43558

                          #13
                          Originally posted by SharpAngles
                          No difference between DFS or poker in regards to luck.
                          well, just maybe, that whole dealt random cards vs. picking your own lineup with full knowledge of what your playing might be a difference....
                          Comment
                          • daneblazer
                            BARRELED IN @ SBR!
                            • 09-14-08
                            • 27861

                            #14
                            How can he say that then make a claim that DFS is a skill game? Just unreal. DFS sites didn't listen to players for years. They allowed mega-multi entry players, allowed players to use software to scout new players and they turned a blind eye to it. If it was "truly a game of skill", players wouldn't need software and macros to play it. Fukk them.

                            Both are games dealing with incomplete information. I don't know what the players across from the table are holding and I can't make Tom Brady throw a touchdown pass. In a vacuum, they are random and based on luck, but the skill comes in when a player is able to adjust to their surroundings to put himself in a position to win more often than lose over a period of time.

                            I believe both DFS and Poker should be regulated and legal, but DFS sites really grind my gears sometimes
                            Comment
                            • astro61200
                              SBR MVP
                              • 09-15-07
                              • 4843

                              #15
                              Originally posted by daneblazer
                              How can he say that then make a claim that DFS is a skill game? Just unreal. DFS sites didn't listen to players for years. They allowed mega-multi entry players, allowed players to use software to scout new players and they turned a blind eye to it. If it was "truly a game of skill", players wouldn't need software and macros to play it. Fukk them.

                              Both are games dealing with incomplete information. I don't know what the players across from the table are holding and I can't make Tom Brady throw a touchdown pass. In a vacuum, they are random and based on luck, but the skill comes in when a player is able to adjust to their surroundings to put himself in a position to win more often than lose over a period of time.

                              I believe both DFS and Poker should be regulated and legal, but DFS sites really grind my gears sometimes
                              You don't NEED software and macros to play it, or win at it. I'm up on DKs with none of it. Not to say it doesn't make it easier, but it's the same as HUDs for poker.

                              I believe both poker and DFS should be legal and the reasons given for making poker illegal are laughable. Using the slippery slope argument, the whole "press a button, lose your house" that was so popular when they were trying to get the UIGEA passed, before cowardly tacking it on a surefire act.

                              I'm tired of the government trying to protect myself from myself. Sure, if you find a site without a deposit limit you could, technically, lose your entire fortune with the click of a button. Yet, I could go out and buy 3 bottles of Everclear right now, legally, and drink myself into a coma.

                              When I lived in Louisville I could go to Churchill Downs and bet on horses or play slots, but any talk of ever getting a casino had all the old christian folk up in arms.
                              Comment
                              • Triple_D_Bet
                                SBR Hall of Famer
                                • 12-12-11
                                • 7626

                                #16
                                Originally posted by astro61200
                                You don't NEED software and macros to play it, or win at it. I'm up on DKs with none of it. Not to say it doesn't make it easier, but it's the same as HUDs for poker.

                                I believe both poker and DFS should be legal and the reasons given for making poker illegal are laughable. Using the slippery slope argument, the whole "press a button, lose your house" that was so popular when they were trying to get the UIGEA passed, before cowardly tacking it on a surefire act.

                                I'm tired of the government trying to protect myself from myself. Sure, if you find a site without a deposit limit you could, technically, lose your entire fortune with the click of a button. Yet, I could go out and buy 3 bottles of Everclear right now, legally, and drink myself into a coma.

                                When I lived in Louisville I could go to Churchill Downs and bet on horses or play slots, but any talk of ever getting a casino had all the old christian folk up in arms.
                                Most telling to me at least, those "we must protect people from ruinng their lives via gambling arguments" never seem to surface when they're talking about state lottos
                                Comment
                                • astro61200
                                  SBR MVP
                                  • 09-15-07
                                  • 4843

                                  #17
                                  Originally posted by Triple_D_Bet
                                  Most telling to me at least, those "we must protect people from ruinng their lives via gambling arguments" never seem to surface when they're talking about state lottos
                                  Of course not, all you hear about is how much money they're getting for schools. It's all a byproduct of old people in office, afraid to make changes and little to no understanding of technology/internet. States are missing out on a massive amount of income because of their unwillingness to even look into legalizing it. Any presidential candidate that would even dream of saying he'd make it legal is, pretty much, just forfeiting a good majority of the christian south.

                                  Marijuana is still vilified by older people, yet Colorado is raking in tax money by making it legal for recreational use. Internet gambling/poker is on the same level as that. Except there is a need for many states to legalize it, and allow cross border play. New Jersey allows internet poker, but the customer base is limited to the state limits so that minimizes things. Allowing interstate play opens up a larger player base, more money for the sites, and more money for the states.

                                  Eventually the government will realize that people are going to play poker, gamble online, play DFS, etc. regardless of the legality of it. They may as well just embrace it and reap the rewards instead of trying to police something that is impossible monitor fully.

                                  I just hope that, when it's eventually legal, they take taxes off the total winnings and don't try and take taxes off each individual win, where you have to compete against the rake AND the tax, making it even harder to break even.
                                  Last edited by astro61200; 02-11-16, 07:18 PM.
                                  Comment
                                  • daneblazer
                                    BARRELED IN @ SBR!
                                    • 09-14-08
                                    • 27861

                                    #18
                                    The government has to realize this is as good as it gets with dfs. They can regulate & tax it or drive it offshore and they'll get nothing. People are going gamble and play no matter.
                                    Comment
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