Alt+Tab: Building a Bankroll While Looking "Busy" at Work (1/15)
I’ve been playing DFS since 2014 with varying levels of success. Despite a couple of GPP wins, I never built a consistent bankroll. I was making regular deposits into my DK account and never built a solid foundation to fund my playing. In hindsight, the problem is obvious: I wasn’t good at GPP’s and that’s all I played. I’d never play cash games because there wasn’t the allure of an ultra-sexy payout. As a result, any money I deposited to my account would quickly disappear and I had to start over.
Towards the end of last year’s NBA regular season, I started only playing single-entry cash games. This quickly became a much more profitable approach. I wanted to see where this strategy could take me over the course of an entire season, so I started fresh with the ’19-’20 NBA season. I wanted to write this blog to document my progress towards organically growing my bankroll. Hopefully, I can share what I’ve learned by analyzing what works and what doesn’t.
January 15th Update
I hope everyone’s new year is off to a good start. While I managed to cash out last night, I still haven’t gotten over Tuesday night yet. I was one of the people who played Andre Drummond in a “can’t-lose” spot and proceeded to watch him get benched for nearly the entire second half plus overtime. Every time I checked the boxscore and saw Jahlil Okafor get more and more fantasy points, I could just hear Christian Bale yelling this in my head
I could rant about that all day (but won’t), so let’s move on. Here’s where my bankroll currently stands:
YTD Deposits: ($170)
Current Bankroll Total: $1,128.82
Net Gain/(Loss): $958.82
YTD Growth: 564.01%
Last night was a success, though I think it had more to do with how many chalky plays flopped rather than my own genius. Since Russell Westbrook, Paul George, and Ricky Rubio were all out, ownership was heavily concentrated again. Here are the 10 highest-owned players:
Elie Okobo: Giant disappointment.
James Harden: Meh…can’t complain about 61 fpts, but I think we were all hoping for like 80.
Larry Nance Jr.: Come on, man.
P.J. Tucker: Dude. Do something.
Kyle Anderson: Bad. Bad bad bad.
Kawhi Leonard and Patrick Beverley: Fantastic work, per usual.
I’m pretty sure the only reason I cashed was that I dodged some of the bad chalk.
So What Happened?
Entry Fees: ($57)
Wow. Elie Okobo was a bust. He only played 22 minutes, but still. 8.25 fpts?! Luckily, this damage was mitigated by his slate-high ownership. I was way more interested in Devin Booker, and he didn’t disappoint! With Ricky Rubio out, the entire offense of the Suns was essentially placed on Booker’s shoulders and he certainly delivered. Similar to Okobo, however, the benefit of drafting Booker was largely nullified by his massive ownership. Same with James Harden and Clint Capella.
I also dodged the PJ Tucker trainwreck. I have a very strong stance against drafting him and refuse to do it. He routinely defies all logic by playing 30+ minutes without actually playing any basketball. He is an enigma.
I had a ton of interest in Kelly Oubre, too. I love playing him and this seemed like a fantastic spot for him to thrive. His salary was just too high, however, and I pivoted away from him at the last minute. That turned out to be the correct move as he would’ve totally tanked my lineup.
There was also the Larry Nance chalk. I am never excited to play him and this is why. He’s cheap, but such a low per-minute producer that his floor is alarmingly low. Never again.
I tried to get cute with Omari Spellman and THAT didn’t work. Yikes. The ownership was super low, so if he had a big night it would pay off. However…he didn’t have a big night. Some might even say he had a small night. 15 fpts from a player that costs $5,500 is brutal.
My saving grace was none other than Mr. Patrick Beverly. He clocked in at the relatively low ownership of ~18% and hit 6.6x. This saved me and I am very grateful for his nice performance. He got those 35.25 fpts in only 23 minutes of work. Bravo, sir. Bravo.
Overall, I feel like I got pretty lucky last night. I finished about 4 fpts above the money line in each contest I entered, so it really could’ve gone either way.
So What Did We Learn Today?
- Sometimes, the reason you cash out isn’t that the players you drafted did particularly well, but rather because a lot of other players did so bad.
- Also – I’m ok with that.
Good luck tonight!