Winning strategies for beating daily fantasy sports.
Managing your money is the most important thing to consider when playing daily fantasy sports for real money. Never risk more than you can afford to lose. Play within your means and build your bankroll organically. I started by playing $3 and $5 tournaments until I finally won one for $1,800. Then I stepped up to $10 – $20 contests.
Implement: Risk anywhere from 1% – 5% of your DFS bankroll on each lineup. This will give you enough shots to win or lose a little until you finally breakthrough with a big win. Then you can step up in stakes.
After applying bankroll management to decide what stake to play, selecting the best games based upon skill level and field size can be the difference between losing, breaking even, and winning huge.
Implement: Play 40% of your lineups in double ups, 40% of your lineups in smaller field size contests, and 20% of your lineups in big field contests (such as the millionaire makers). The double ups will allow you to see your return on investment faster, and won’t cause your bankroll to fluctuate drastically. The smaller field size contests will allow you to have shots at significant scores compared to your bankroll that you can win much more regularly than the large field contests. You still will want to take a few shots at the large field contests, as they can yield life changing money. However winning a tournament like this happens rarely due to the vast volume of opponents, so just play a few because playing too many can deplete your bankroll fast.
Study up. There is very little chance at winning these contests unless you put some time and effort in. It doesn’t take long, and there are tons of websites, tools, and youtube channels out there dedicated to providing you with quality DFS information. Having a resource list that you go through before entering your lineups is a great way to arm yourself with this information.
Implement: Go to 3-5 of your favorite sites or youtube channels and do your research before drafting. Check out tools such as Fantasy Crunchers which allow you to crunch the numbers and the value of players and matchups. 1/2 hour to an hour of research is what I usually do before entering my lineups.
Play Multiple Lineups
If you really want to win, and see your return quickly, you’ll want to play multiple lineups when you enter contests. I enter 30+ on NFL Sundays, and 5-10 on NBA nights.
Implement: Find your core players. You’ll want at least a few players for each position and price point, usually a little research will help you with this. Then mix and match them into different variations, and enter them into your contests.
High Floor/High Ceiling
The lineups of contest winners will always contain the majority of their players scoring average-above average, and the rest of their players going off and scoring huge. A lineup where a player gets you 0 or very low cannot win. Thus you’ll want your core players to never get you a low score (high floor) as well as a few of them which are capable of having enormous games (high ceiling).
Implement: Make sure all of your players play enough minutes and/or plays to find your high floor. To find your high ceilings, pick situations and players that have potential to have huge games, like playing vs a weak defense or a great matchup. A players “Opponent Ranking” or “OPRK” is a good thing to check.
The best way to find cheap players with big potential or a high floor, is the injury report. Playing a reserve at a cheap price will allow you to spend big elsewhere, and still have a player with a decent floor.
Implement: Look at sites like ESPN, Rotoworld, and even twitter to see what starters will not be playing due to injury or suspension. Put their substitutes into your core players list, especially if they are on high powered offenses.
No one knows better about these teams, games, and players then the oddsmakers at Vegas. Why not use them as a guideline when selecting your winning lineup?
Implement: Check the Vegas lines, and totals. Go to websites such as Sports Insights. Check what teams are the big favorites, and which games should score the highest amount of total points. Select players from your lineups from these games and avoid others in low total games.