Quote:
Originally Posted by Cochise
It's interesting to we outsiders that everyone talks about DFS here and no one, ever, ever loses money. (Except Hootie apparently)
And yet these sites still buy up every commercial on TV.
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The group of players as a whole always lose money. They have to, its set up that way, just like a poker room in a casino, the house always takes their rake from the pot, and its up to you to be smarter and more skilled than the other chumps at the table. It is a better business model than a sportsbook, it is literally impossible for the DFS web site to lose, they just take a little piece from each contest and leave most of the pot for the players to fight over.
That said, this idea of taking a very large group of smart people and collectively analyze that week's contest is a good one. Hypothetically, 50+ brains should have a better chance of winning than the lone wolfs who try to figure it out on their own. All you need are rules, solid leadership, and the people in control of the lineups need to be ethical and trustworthy. (woops)