Re:NY Attorney General Tells Daily Fantasy Sports to Stop Ta...
by eric_h on Thursday November 12, 2015 @09:05PM
(#10557605)
Given the information we have, it's certainly possible that some of that one percent used insider information.
Nevertheless, given the number of players that draft kings and fan duel have acquired through their indefatigable marketing campaigns, I would submit that a not insignificant portion (if not a majority) of that one percent figure out the bets others wouldn't make all on their own.
Further, math and computers can most certainly help with this given that all the relevant data is public.
How long 'til this goes the way of HFT in the stock market?
Nevertheless, given the number of players that draft kings and fan duel have acquired through their indefatigable marketing campaigns, I would submit that a not insignificant portion (if not a majority) of that one percent figure out the bets others wouldn't make all on their own.
Further, math and computers can most certainly help with this given that all the relevant data is public.
How long 'til this goes the way of HFT in the stock market?