Draftkings Sportbetting Contest

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  • alekim
    SBR High Roller
    • 01-04-14
    • 161

    #1
    Draftkings Sportbetting Contest
    This will be fun

    $10,000 buyin but you get $5000 to play with.

    1st place- $1,000,000

  • Optional
    Administrator
    • 06-10-10
    • 61457

    #2
    Man, that sounds like a massive ripoff, unless I am missing something.

    Thye are looking to collect 5.3 million in entry fees and only offer about 2.2 million in prizes.

    Plus they want you to pay $10000 and then only credit you $5000 for betting with.


    Can anyone explain how this isn't massively bad value?
    .
    Comment
    • alekim
      SBR High Roller
      • 01-04-14
      • 161

      #3
      honestly think all DFS tournaments are rip-offs.

      I think since you are getting $5000 back, the 5.3 million is reduced to half and they probably account for the prize pool + the leftover bankroll at the end of the tournament .

      In a sense, they can actually lose alot of money.
      Comment
      • alekim
        SBR High Roller
        • 01-04-14
        • 161

        #4
        Also, a majority of the contestants are from qualifiers so they have to account for 3 day hotel in NYC area plus $1000 per person
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388179

          #5
          Lol

          Lol

          Squares
          Comment
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