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Reply To: Daily Fantasy Sports (Draftkings, Fanduel, etc)

Welcome to Ute Hub Forums Professional Sports NFL Daily Fantasy Sports (Draftkings, Fanduel, etc) Reply To: Daily Fantasy Sports (Draftkings, Fanduel, etc)

#1396
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They are just a form of legal gambling. DK and FD are both making a killing exploiting a loophole in the Unlawful Internet Gambling Enforcement Act of 2006. They are also dropping a ton of money to acquire new customers and are probably burning cash in order to do so, hence the constant barrage of ads and sponsorships when watching any football event. In week 1 I did a free entry into a $3 game and a $20 entry in the big featured game. Won $155 (plus my entry fee) total. Last week I did the same two games plus a $3 game that was only the Sunday and Monday night games and won $19 (plus my entry fee). I’m definitely hooked, but I like FF and sports betting. I don’t expect to win millions but I’ve won enough to make it fun and interesting.

It appears congress will be looking into the rise of DFS so who knows if it will last. http://www.atlredline.com/congress-now-investigating-legality-of-daily-fantasy-sp-1730791624. It would be pretty crazy if they killed DK and FD, both have recently been valued at over 1 Billion dollars each.