If you have a favorite sport, there’s a big chance that you follow your favorite matches throughout each season as a fan. This is the same idea behind daily fantasy sports, only that the seasons and matches are shorter, usually taking days or hours. In these sports, players create teams from a pool of athletes and get into competitions where they earn points or money from each win. As anyone would guess, the aspect of betting is also involved, meaning you can either win or lose points or money – from your investment of time and money!
If you are experienced and strategic enough, it so happens that you can earn decently from DFS competitions. Want to win bets and awesome prizes as a DFS player? If yes is your answer, you need to have a few strategies up your sleeve, so this piece is for you. Here are seven simple strategies for winning at daily fantasy sports.
1. Embrace Variance
Many of the top DFS players are former or current professional poker players, which is no coincidence. The disparity between the predicted and actual outcome is referred to as variance. Variance, or in layman’s words, chance, is best understood by poker players. It’s critical to understand volatility and accept that losing days are a part of being a profitable player. There will be poor runs and tough breaks, but that’s just the way the game works. Finally, if you consistently field a better lineup than your rivals, the money will come your way. This brings us to the next important point on embracing technology tools.
2. Use A DFS Optimizer Tool
As a regular DFS player, you know by now that daily fantasy sports are quite competitive. If you’re not the hunter, you definitely become the hunted. This is why it is beneficial to have a statistical edge, which you can get from a good lineup optimizer. If you have some time to research the best lineup generators for DFS, you could be among the 2 percent of DFS players who earn more than 90 percent of the player profits. The tools help you configure lineups with the highest point output potential. Fortunately, there are more than a few such tools you can try out. Some of these include:
• Draft Dashboard
• Daily Fantasy Nerd
• RotoQL
• DFS Army
• The Fantasy Footballers
• Among others
While at it, it is important to note that different DFS lineup optimizers have different perks and demerits. They vary in terms of usability, value, and effectiveness. Some of them offer numerous features in what is known as a tool suite. The best part is that with one of these tools, and the skills to use them, you have higher chances of success as a DFS player. They provide several advantages, some of which include the following:
• You get a statistical advantage
• They help you avoid staying in the black
• They boost your earnings
Winning at daily fantasy sports has never been easier!
3. Pay Attention To Vegas
When it comes to comparing players and their salaries in daily fantasy, you have a lot of options. Sports betting odds are maybe more significant than any other statistic or method. Among all the available analyses, it’s wise to listen to Vegas. If, however, you find that the odds suggest there won’t be many points to be scored in the game, don’t always shy off, there are several other factors besides Vegas. Vegas should just be your starting point.
4. Utilize Your Bonuses To The Fullest
Every site will certainly give you a deposit bonus when you sign up. There may be more of them to come at certain times of the year. You should learn to take advantage of these bonuses as they are free money. Taking advantage of deposit and reload incentives is so critical. These bonuses eventually help to compensate for the substantial amount of money lost due to rake fees. If at all you find it practical, deposit the required sum to receive the full bonus. If a platform is offering a 100% deposit incentive of up to $600, for example, make your best effort to deposit the required $600.
5. Adopt A Bankroll Strategy
What percentage of your bankroll do you use every day? That depends on your level of risk aversion and the types of contests you join. Putting more than 10% of your bankroll in play each day is too risky, according to the majority of top DFS players. Anything higher than that puts you at risk of financial ruin. You need to adopt a bankroll strategy that promotes profits and mitigates losses.
6. Play Lower Buy-In Levels
The availability of several league forms at various buy-in levels is one feature that makes DFS appealing to the masses. As long as they know how daily fantasy sports work, players will enter tournaments for as little as $0.25 and compete for as much as $1,000. They can play in tournaments with thousands of players competing for big money prizes, or they can play in contests where all you have to do is finish in the top half of the league or defeat a single opponent. The higher the stakes, the better the players – just like it is in poker. As a result, when you’re first starting out, it’s suggested that you stick with the lower buy-ins.
7. Diversification
To increase your chances of winning on any given night, you can as well consider entering multiple lineups. Two lineups in one extreme are alike: if they both win, and if one loses, the other loses. It’s a tough decision to pick an alternate lineup, but it’s far more likely that the other team will win. Assuming that the first lineup was the best that you could assemble, their second group of players would underperform. The best way to expand your rosters is to look for players that are not in any of your lineups.
And there you have it. This might not be the ultimate formula to win at DFS, but it should suffice in maximizing your potential and minimizing your losses. The above strategies can transform you into a winning player if you love and participate in daily fantasy sports.
