2 ms·
The rake is definitely unsustainable. Currently, its negative effects are masked by an influx of new players (Fanduel is growing roughly 300% per year [1]). B
by downandout 12y ago
The rake is definitely unsustainable. Currently, its negative effects are masked by an influx of new players (Fanduel is growing roughly 300% per year [1]). But when that growth slows, the only people left to be ground into dust by the rake will be the longer-term player pool that once feasted on new players. One by one, they will lose their entire bankrolls, until the whole model collapses. They will eventually lower it, but it will almost certainly be too late by then.
[1] http://fanduel.com/investors http://fanduel.com/investors