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Saturday, November 28, 2015
The Daily Grind - DraftKings Changes
In case you missed, it, DraftKings made some changes last week for high volume players. On Footballguys, I write a weekly column / article that covers the state of DFS and what is going on in the news there every week entitled "The Daily Grind". This topic and more were covered last week, but here is an excerpt for you on this topic:
DRAFTKINGS CHANGES POLICIES
Earlier this week, DraftKings sent out a statement to its registered users that they were changing their policies regarding the amount of entries each player was allowed at lower level stakes. Here is the statement:
We wanted to make you aware of some changes to our contest entry limits going forward at DraftKings.
1. Non-guaranteed Contest Entry Limits These limits apply to single-entry non-guaranteed contests (includes all H2H and league contests). They do NOT apply to our guaranteed prize pool (GPP) contests.
For the past 2+ years, our limits have been a max of 40 single-entry non-guaranteed contests per game set at $1 and $2 stakes.
Beginning with contests posted on Monday, November 23, our new limits will be 50 single-entry non-guaranteed contests per game set at $1, $2, $5, and $10 stakes. For example, you can have 50 entries of H2Hs at each of those stakes - i.e. 200 entries total - but any further single-entry non-guaranteed contest entries would need to be at stakes greater than $10.
2. Multi-entry Limits in Guaranteed ContestsWe have thoroughly re-evaluated our multi-entry limits in guaranteed contests at all stakes and have implemented changes that will result in lower multi-entry limits in most contests types, especially at lower stakes, with a maximum of 3% of the field across the board. These limits apply to all contests posted on or after Monday, November 23.
Please note contests that were posted before today may still reflect the previous entry limits. If you have any questions please contact firstname.lastname@example.org.
Best regards, The DraftKings Team
This is a good step towards protecting the smaller and middle-sized bankroll players. Sharks and Pros will now be strongly encouraged to play above the $10 line if they want to get more money in play, so fewer games will be scooped up by big bankroll players. This seems like DraftKings is both listening to their users and also taking some action towards complying suggestions made by the Massachusetts Attorney General to protect the newer and smaller stakes players.
For more coverage of DFS, be sure to read The Daily Grind every week at Footballguys, and also sign up for our daily emails as this article is emailed to members every week!