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FanDuel Executive: Poker Is Not A Game Of Skill

CFO Of DFS Site Draws The Criticism Of The PPA

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King/PBSAn executive for a leading daily fantasy sports site might have ruffled some feathers in the poker community.

In an interview with PBS, the chief financial officer of FanDuel said that poker is not a game of skill, while daily fantasy sports contests are.

The comments drew heat Wednesday from the Poker Players Alliance, a lobbying group on Capitol Hill. “Contrary to FanDuel’s claim, poker is a game of skill and the academic research supports that conclusion almost universally,” PPA Executive Director John Pappas said.

The follow-up question to FanDuel CFO Matt King was, “So you don’t think winning at poker involves skill?” to which he replied: “There is a lot of academic research on this, what’s the skill versus luck kind of spectrum. The reality is within poker, every time you shuffle the deck, it creates an element of luck that trumps it basically to being much more a chance-dominated game than a skill-dominated game.”

Just because a player doesn’t have control over the cards they receive in a single hand (over a long-enough session the starting hands break even) doesn’t mean the game of poker is “chance-dominated.” Courts across the country have agreed, even in FanDuel’s home state of New York.

King went on to say that DFS “is truly a game of skill” like the sports games themselves. “The more you practice [at skill games], the better that you get,” he said. “Many of the forms of regulated gambling are actively constructed so they are games of chance, and that is a very, very different experience than a game of skill, which is what fantasy clearly is.”

 
 
Tags: DFS,   DFSNews
 
 

Comments

THETA_Poker
10 months ago

Dear Matt King,

Since poker isn't a game of skill, I offer you 10 to 1 odds if you can beat any decent pro (say, anyone in the Card Player Top 100) over ten thousand hands of Heads Up No Limit Hold 'Em.

A million dollars if you win for a mere $100,000 if you lose. Surely, this is an offer you can't refuse, since you expect to win half the time!

Sincerely,
Robert Jen
THETA Poker Pro:

 
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L2K4FC
10 months ago

What a moron! How did he get to be chief of anything?

 
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Robin6
10 months ago

I think you need to read the following article "What Would Jesus Bet?" The article very intelligently explains why poker IS a game of skill:
http://www.newyorker.com/magazine/2009/03/30/what-would-jesus-bet

 
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ginjuice
10 months ago

Jesus would bet he could pay off the Feds with the pocket change embezzled from poker players......

 
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Richard53
10 months ago

Matt King is on tilt. This is one hell of a claim.

 
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KGBeard
10 months ago

I love how he says "There is a lot of academic research on this" but he doesn't name one... he obviously doesn't understand poker or gambling in general.. if he did he would understand that there is bigger edge to be gain in poker then in fantasy and sports betting combined.

 
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L2K4FC
10 months ago

I'm on Fanduel and Draftkings. At least I was until he threw poker under the bus and dissed poker players worldwide. Laters Baby - you just lost another customer Fanduel.

 
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Zack2
10 months ago

Fedor Holtz or whatever his name is just made 3 high roller final tables in like the past 2 months. Jason Mercier last year had six, 6 figure cashes in a 3 month period or something like that. Daniel should be proof enough. Phil Hellmuths wsop stats. I can keep going. Skill will keep putting you in positions to have the luck swing in your favor to get the win. i also think the higher the stakes the more skill plays a factor.

 
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