On Tuesday one of the titans of daily fantasy sports, FanDuel, ceased operating in New York. This decision came a week after New York attorney general Eric Schneiderman issued a cease and desist letter to both FanDuel and DraftKings, which together comprise 90 percent of the DFS industry.
This has led to a slew of questions from disappointed and befuddled DFS players. Here are the three most important questions that need to be answered.
Best Fantasy Football Bargains In Week 11 On Draft Kings
Did I just lose the money I had on the account?
No. FanDuel insisted that users' funds are not frozen via a release after the shut down. "All users in New York can and will absolutely be able to withdraw their money at anytime. However, we believe we will have an update from the Court in 10 days and hope to be able to offer paid contests to New Yorkers again. Users funds are and will remain secure."
The shut down simply means that at this time, FanDuel is not accepting any paid entries into their contests.
The War On DFS In New York Is Misguided
I live in New York and I love FanDuel. Is there any way I can still play?
Yes, but it's risky. FanDuel has said they will be diligent in ensuring entries are not being accepted from states where DFS isn't permitted. Users are capable of using proxy servers and/or false IP addresses, but if they're discovered their accounts will be "terminated" and they won't be entitled to their winnings, or to get their funds back, per USA Today.
For the less technologically savvy, there is an alternative that require little more than common sense and trust. One, DFS players can simply find a friend, have that person play for them, and trust that they'll give them their rightful winnings.
I'm anti-social, and not good with computers. Does this angry New Yorker have other DFS options?
For now, DraftKings is still operational, and is far and away the most popular option not named FanDuel. There are other places to play DFS, notably Yahoo, and DraftOps, which are both relatively new to the scene. DraftOps quickly halted its operations in New York upon Schneiderman's aggressive cease and desist letter, but Yahoo is continuing to accept entries per The New York Times. The attorney general's office does have Yahoo in its crosshairs as well, however, because the ban targets the whole DFS industry.
For more content, follow us on Twitter @SportsWN or LIKE US on Facebook
© Copyright 2024 Sports World News, All rights reserved. Do not reproduce without permission.