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RE: Am I Going To Lose Forever? What it Feels Like To Have a $60,000 Downswing Over 6 Weeks
Well...I'm still up about 800k last 12 months without any big tournament wins. FS are definitely beatable. Sports betting is way way harder to beat. I'd guess if people used proper bankroll management and didn't move up stakes to where they lose that 10% would win in FS (it's probably 2-3% after those guys move up) but less than .1% win in sportsbetting.
Wow holy shit. I actually didnt look that carefully... so this is playing like $20 tournaments?
but Yeah, i knew that v. few beat sportsbetting, that was kind of what made me skeptical. Id figure fantasy sports types would be much more idk empirical. I guess kind of like internet players tend to do much more analysis.
Nice article but dfs games I don't think are beatable over the long run. Its not just the rake but taxes too. I know top players ( i wont say who) who many people think are the best at dfs calling them goats, down millions over last few years. Its why a lot of them make fantasy sites to get some cash flow coming in. They started off great among the best then the mighty quickly fall. I am sure there has to be people crushing the games year after year but imo the rake and taxes is just to much to cover in the long run. Its like a double payment for playing. I just don't see it sustainable. The rake in poker is a lot lower and in poker we have a bigger edge its not 1 game. We are playing every hand, every street and also has big mental edge in it over people that can't deal with tilt. In dfs you put in lineup lock it in and thats it. You have to hope your players perform. In poker the people you are up against have to perform not just pre flop, but post flop on 3 streets and at the same time have a cool mind set. Poker has the best edge of any game. Unless your in a yearly league dfs daily is like playing the stock market daily. Its a crap shoot on any day.