Cory Albertson, one half of the duo behind the highly successful DFS account “rayofhope,” took time away from the grind today to participate in a Reddit AMA thread where he shared his thoughts on a variety of industry topics.
How it all started
For those unfamiliar with Albertson, he gave a quick history of his time as a daily fantasy pro. “I got into DFS in 2011 when a friend, Taylor, who founded DraftDay, introduced me to his product,” he said. “He swore it was possible to win money… I was skeptical at first figuring the 10% rate was unbeatable, but I decided to give it a try.”
Along the way, he partnered with Ray Coburn, a friend from his days as a poker pro. Together they have won $1 million prizes, not once but twice, and are likely the biggest money winners in the history of DFS.
A professional approach
He describes the partnership as extraordinarily advantageous and told poster “HighFiveDude” that he and Coburn “divide and conquer” when doing their research. “So using the same model/data, one of us will handle sites X, Y, Z while the other does A, B, C.”
The pair has approached the game with a level of professionalism that few likely match. In fact, the two men have created what they call a “trading desk,” similar to Wall Street traders.
Keeping DFS healthy
Right now, the two are putting efforts toward ensuring the health of the daily fantasy economy. To achieve that, they hope to convince successful DFS pros to abandon low limit games, where they clearly outmatch the competition, but make comparatively low profits.
“I think 95% of responses to this have been really positive,” Albertson told “Bucketev.” “A lot of these guys ‘get it’ when you talk to them about it; they’ll say they were only ever playing $1s because it’s so easy for them to.”
Instead, he believes that DFS operators should create a VIP system where “rewards are predicated on your average buy-in.” He also recommends for sites to “segment their customers into silos and give them incentives for playing games within their respective silo.”
Albertson also strives to present a positive image of the DFS community to the media, so that the public doesn’t view players as “degenerate gamblers.” “Some of us are smart guys taking a professional approach who want to see this be regulated and a safe thing for millions of people to enjoy,” he said.
Responding to the hysteria surrounding the DraftKings “data leak,” he said that the whole thing was blown out of proportion. “I think it was just really unfortunate timing and the media grabbed hold of it and ran with it,” he said.
Those looking for strategy advice in the AMA will be disappointed; Albertson believes that anyone who has an advantage should probably keep his tricks to himself. “Just do smart research and make good lineups,” he said.
- He believes that DraftDay currently operates the best and most underrated software in DFS
- Most of his profits have come from baseball
- It took the pair three years of dedicated grinding before hitting their first big breakthrough score
- Describes swings in DFS as ranging from “intense to very intense”