DFS is growing more and more by the day and the major sites are always looking for new markets to explore.
Today FanDuel is launching into the live streaming business with Twitch, allowing players to make their own broadcast.
They are kicking things off with the “DFS hour” which is a show with two DFS players as they discuss strategies and take questions.
What is Twitch? (If you are older than 30!)
Twitch is a live streaming channel that has been really popular with gamers and even poker players for that matter. Twitch allows users to stream their screens and comment on what’s going on with their game.
It’s HUGE in the gaming world because some of the top players are able to discuss what they are thinking as they are actually playing the game. This allows other players to pick up strategies. Same with poker, players are able to discuss hands and the thought process and explain how they came to their decisions.
In my opinion, this is a great tool for poker and eSports because you can actually see what is going on with the top players in the world and see how they react in certain situations. But as far as DFS goes, I’m not sure this will go as well as people think.
The Pitfalls of Live Streaming DFS
The first pitfall is as this industry grows, there are more and more “experts” telling you who to pick. It’s getting to the point where the majority of these experts are just plagiarizing other experts and their picks and nothing is gained. The other issue I have with DFS going into the streaming business is that DFS isn’t visually appealing!
Sorry, but it just isn’t and if it were don’t you think we would be seeing it on TV by now? Poker was great because you were able to see a player’s cards and knew if players were beat or not and how they would react. There is actually an element of excitement to see what cards were going to come out and see if someone’s risk paid off.
DFS doesn’t have that element because it’s nothing more than people clicking on names of players. Not to mention there is so much research that keeps coming out and it’s available to players more than ever making it harder and harder to be successful. I was just at a Daily fantasy Boot Camp and some of the most successful people in the industry are weary that it isn’t going to continue because the edge is fading every day.
The Future of Playing DFS (Is it Bleak?)
CSURam88 told me in a couple of years he thinks he’s going to be playing a fraction of the volume he is now because this industry isn’t going to be as profitable. The only people who will be profitable are the people who can sell their strategies and algorithms (or in his case, host seminars that players will be willing to pay hundreds of dollars to attend).
People streaming themselves in the process of making their lineups may be successful mainly because the general public is gullible into thinking they will be able to mimic these top players and be as successful as they are. But the problem is the true experts aren’t giving away their true picks.
They will make little comments like “I think he’s in a decent spot today” but the truth is they will have that player on every one of their rosters that day. You need to read between the lines when watching true experts. Trying to figure out how they truly construct their lineups is probably harder than you just constructing your own lineup.
What Might We Expect from DFS on Twitch?
Twitch will be popular for a while with DFS but when push comes to shove it’s going to be nothing more than players advertising their DFS systems for sale. Don’t fall victim into thinking that just by buying a player’s “research” you are going to have an edge to creating lucrative lineups because you are playing other players who have access to the same information.
A big mistake in DFS is assuming you are the smartest guy in the room, especially if you feel this way because you are buying other peoples opinions.