DraftKings’ WSOP Poker Event Particulars Revealed: Solely Type Of A 50/50 Contest

The World Collection of Poker revealed the payouts of the DraftKings-sponsored match this summer season in Las Vegas, however the occasion won’t actually mirror the “50/50” daily fantasy sportsbook contests that it’s named after.

When a 50/50 isn’t actually a 50/50

Some assumed when the DK-WSOP occasion was introduced that it might observe the payout construction for the 50/50 contests held at DraftKings, the place half the sphere doubles its cash, and the opposite half will get nothing (i.e. a 50-50 cut up)

That’s not the case, nevertheless, for this USD1,500 buy-in match, which is ready to start out on June 27 on the Rio All-Suite Lodge & Online casino in Las Vegas. Listed below are the payouts:

  • Prime 50% get USD1,000
  • Prime 25% get USD1,500
  • Prime 10% regular payouts with the remaining prize pool.

In essence, meaning half the sphere receives no cash, 25 p.c of the sphere loses USD500, and 15 p.c of the sphere will break even. A standard WSOP match divides the prize pool up amongst simply the highest 10 p.c of the sphere.

You may see the complete construction sheet for the match right here. The preliminary particulars of the match had been launched in February, however the ultimate payouts of the match had been simply introduced.

The most recent in poker plus fantasy

It’s not clear that this match construction is essentially going to excite poker gamers on the WSOP, and it’s not likely pushing the true 50/50 idea in DFS. But it surely does present branding for DraftKings in one in all its goal markets. Final 12 months, DraftKings was the “unique fantasy sportsbook sponsor” of the WSOP.

The match sponsorship is simply the newest within the divergent methods of DraftKings and FanDuel in linkage to online poker. Whereas DraftKings actively tries to market on to poker gamers and play up the similarities between the video games, FanDuel doesn’t worth such a advertising technique.

And yet one more attention-grabbing sidenote: ESPN/Disney has a pending take care of DraftKings which has apparently not but been finalized. ESPN is the tv dwelling of the WSOP. Within the deal as reported final month, Disney would make investments USD250 million in DraftKings in trade for USD500 million in advert buys throughout networks owned by Disney, together with ESPN.

Intersection of playing and DFS

The DraftKings-WSOP deal isn’t an overt gambling-fantasy intersection; each poker and DFS tout themselves as talent video games, although solely the latter actually enjoys that standing legally within the U.S.

However the more and more sophisticated relationship between online playing and DFS has seen just a few new twists, in current weeks and months:

Coupled with the concept that the Illegal Web Playing Enforcement Act carveout permitting fantasy sportsbook wasn’t supposed by the regulation’s writer, and the hyperlinks between iGaming and DFS proceed to pop up within the information.

Photograph by Photographs Cash used below license CC BY 2.0.