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Draft Kings

Discussion in 'Sports and News' started by poindexter, Aug 13, 2015.

  1. 93Devil

    93Devil Well-Known Member

    How much did you wager with that team and how much did you win?
     
  2. Dick Whitman

    Dick Whitman Well-Known Member

    Wagered $10. Won $8.60.
     
  3. 93Devil

    93Devil Well-Known Member

    So 5th out of 60 and you're still down 14%.
     
  4. Dick Whitman

    Dick Whitman Well-Known Member

    Won $18.60, I mean.

    I get it. You think it's a big scam.
     
  5. 93Devil

    93Devil Well-Known Member

    No, but if you lost money for being 5th out of 60, then it is a scam.

    What place out of 60 broke even? 20th?
     
  6. Dick Whitman

    Dick Whitman Well-Known Member

    If you finish in the first half, you double your money, minus the rake.
     
  7. JC

    JC Well-Known Member

    He didn't lose money. He won $8.60 on topic his 10 dollar bet
     
  8. Songbird

    Songbird Well-Known Member

    Ejjacayshin.
     
    Mr. Sunshine likes this.
  9. 93Devil

    93Devil Well-Known Member

    That's pretty rough odds if you are not even doubling your money after knocking out about 90 percent of the other players.

    I looked around the site for a couple minutes and saw the some leagues are much higher risk than others, but overall you had to win 60 of your bets playing against a 10 percent vig. I wonder what it works it to here?
     
  10. JC

    JC Well-Known Member

    Maybe, but it's a far cry from him losing money.
     
  11. 93Devil

    93Devil Well-Known Member

    On that one day. It seems like you need to win more than 60% to keep your money afloat.

    I will probably throw some money at the site and run in the larger 50/50 leagues and see what happens.
     
  12. Dick Whitman

    Dick Whitman Well-Known Member

    That's the hedge you make, though. There are other leagues where I would have really cashed in on that play, but not at all for finishing 30th. I believe the rake is much lower as the entry fee increases.
     
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