Re:How the Daily Fantasy Sports Industry Turns Fans into Suc...
by imjk on Wednesday January 06, 2016 @09:39PM
(#10855606)
You're misunderstanding. I'm not taking a stance on whether this is an accurate analogy or not. I'm just stating that the OP is misinterpreting the author's thesis by nitpicking a small point the author make's out of its context. Reread the article, then look at the point OP is making in the full context.
If the whale negotiates the odds in his own games, he's changing the expected outcomes in his games versus the house, but he's not altering the odds for the honeymooners.
He might win physical dollars that were lost by the honeymooners, but because both players are playing the house, it's meaningless 'whose' money he's winning. He's taking money from the Casino's profit margin, really. They're gambling that he'll still lose more than he wins, and the slimmer margins will be made up in volume.
DFS is a skill game both in player selection, AND in skirting the rules, AND in getting the 'house' to tilt odds in your favor -- which directly tilt the odds even further away from the other players.