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Originally posted by revo
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I know that you are in finance - You seriously think that the individual investor will emerge unscathed? -
I've already heard ads offing money back guarantee (up to a 10 buck entry fee, IIRC), so if you're theory is correct, the end isn't far away.Originally posted by madducks View Post
I know that there are a lot of good people in the industry, but the few bad actors are going to doom DFS, and that's not a bad thing. It grew way too fast with no thought to the future, and essentially it was doomed once it's employees were outed as being big winners."Never interrupt your enemy when he is making a mistake."
- Napoleon Bonaparte (1769-1821)
"Your shitty future continues to offend me."
-Warren EllisComment
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By "investor" do you mean "customer?" No, I don't believe any customer deposits are in any danger. Now as far as "investor money," yes, that could be in danger.Originally posted by swampdragon View PostComment
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I meant customer but your answer was better than my question.Originally posted by revo View Post
Are there any firms funding this? private equity? banks? why are they so quiet?Comment
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Agree 100%. I withdrew my funds around the time this thread started. I understand it is different than poker, but seems like there's enough risk that withdrawing is wise.Originally posted by swampdragon View Post
There's the chance that accounts get frozen by the feds or states. And how ethical/organized do we really think these sites are? There's an outside chance that the advertising blitz (They are everywhere. I wonder how much they spent?) was funded in part by customer accounts rather than solely by investors.Comment
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I'm not expecting to grow flowers in the desert...Comment
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"FanDuel Told Employees Not To Win Too Much Money On DraftKings Or People Would Get Suspicious"In the best of times, our days are numbered, anyway. And it would be a crime against Nature for any generation to take the world crisis so solemnly that it put off enjoying those things for which we were presumably designed in the first place, and which the gravest statesmen and the hoarsest politicians hope to make available to all men in the end: I mean the opportunity to do good work, to fall in love, to enjoy friends, to sit under trees, to read, to hit a ball and bounce the baby.Comment
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This internal document is so unintentionally hilarious, it's as if some amateur wrote it, not a compliance officer of a billion-dollar company. But it's also, if 100% accurate, the smoking gun -- it shows they were not only aware employees had access to sensitive internal data, but they did almost nothing to safeguard the data. It also goes 100% against any public statement they made saying that no employees had access to this data nor used it for personal gain.Originally posted by mjl View PostComment
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unfortunately i don't think the industry is going under. massachusettes made a deal and regulated it. and we lead in things like that.
too bad. because i think DFS are like drug pushers in a school zone.Comment
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Pompous a-hole Mike Francesa rips a pro-DFS NY Assemblyman a new one over his determination if DFS is gambling or not. This guy must wish he never got on the phone with the Sports Pope:
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DFS is indeed gambling.If I whisper my wicked marching orders into the ether with no regard to where or how they may bear fruit, I am blameless should a broken spirit carry those orders out upon the innocent, for it was not my hand that took the action merely my lips which let slip their darkest wish. ~Daniel Devereaux 2011
Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.
Martin Luther King, Jr.Comment
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Fucking hilarious. Never heard the Sports Pope before I love this guy.Originally posted by revo View PostPompous a-hole Mike Francesa rips a pro-DFS NY Assemblyman a new one over his determination if DFS is gambling or not. This guy must wish he never got on the phone with the Sports Pope:
If I whisper my wicked marching orders into the ether with no regard to where or how they may bear fruit, I am blameless should a broken spirit carry those orders out upon the innocent, for it was not my hand that took the action merely my lips which let slip their darkest wish. ~Daniel Devereaux 2011
Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.
Martin Luther King, Jr.Comment
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Really? He's known as one of the founders of sports talk radio, having been on WFAN since its inception in 1987 and was partners with Mad Dog Russo. He's also been on CBS TV for many years, but perhaps more recently it's been a local show. As a team w/Mad Dog, they were great. On his own, which he's been for the last 6 or 7 years, man, I hate this f---ing guy.Originally posted by GwynnInTheHall View PostComment
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LOL, don't watch much TV at all and local sports shows are what I listen to so it's no wonder I've never heard him before. I like assholish, opinionated sports guys--I wonder why? :POriginally posted by revo View PostIf I whisper my wicked marching orders into the ether with no regard to where or how they may bear fruit, I am blameless should a broken spirit carry those orders out upon the innocent, for it was not my hand that took the action merely my lips which let slip their darkest wish. ~Daniel Devereaux 2011
Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.
Martin Luther King, Jr.Comment
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