My advice to the new DFS grinder.
“Your lifetime profit will be the sum of your good decisions minus the sum of your bad decisions.”
Mike Caro – Professional Poker Player and Author
Hey fellow Grinders,
I am currently a new daily fantasy sports grinder (Basketball) and I would like to share with you guys some of the ways I have learned, adapted and became profitable in DFS in such a short time. I don’t know about you, but when I first started DFS I thought it would be pretty easy to make money. I follow sports, I have fantasy experience and I like to consider myself a pretty smart individual. With all these concepts combined I thought I would be able to jump right in and start making money. I mean come on, that’s why we are all here right? Well needless to say my first week or so I found my account balance going the opposite way than I was expecting it to and before long I was pulling out that plastic card to add more money onto the site. The first thought that came into my mind was that maybe there was less “skill” to this than I thought. There was no way this person could have predicted such a big game from P.J. Tucker! I mean, P.J TUCKER?! I took a few days off from DFS and considered if it was even profitable or if it was just a luck fest. After further consideration, me and my hurt ego realized maybe I am not very good at this like I thought I would be. I became determined to become a winning DFS player. Losing sucks, period. Here is a list of ways I turned around my bankroll and realized the amount of skill that does indeed go into the world of DFS.
My coach once said this to my team “Do you guys want to have fun?” In which case we all answered yes. He then followed it up with “winning is fun” and boy was he right. He did forget to mention though that winning feels even better when money is on the line. With that being said, I will give you some ways to “have fun” playing DFS!
*Remember this list is for the new DFS player, some of this will seem like common sense to the experienced person but do not forget you were new at one time as well.
1. Time – Putting in the time to do the research necessary to beat the competition is extremely important. I would say the more time you put into your lineup, the better your chances are of being profitable that night. I remember when I first started I would spend a few minutes making my lineup and that would be that. Now I currently spend a few hours a day on research.
2. Use the resources that are out there – We live in a very technological world, USE IT! There are amazing websites, like the one you are currently reading this on that will help you become better at DFS. They offer expert picks, podcasts, live shows, tips and tricks and you should take full advantage of all of these as much as you possibly can. I feel an extremely underused concept is studying the top players. Every night you have full access to their tournament lineups and even some of their cash game lineups. Do not just look at them but really dive into them and try to figure out why those players are in their lineups. I have spent many hours studying the lineups of some of the best in the industry and it has helped me tremendously. I have even gone as far as playing them in head to head matches just to see their lineups. Now I am not suggesting you go play Condia for 5k just to see his lineup, but you would be surprised at how many top guys play the 1 dollar h2h matches and I think that investment into making yourself better is positive EV for sure.
3. Get active in the community – Something I have always done when I first start to learn something new is find someone that is better than me and learn from them. The same thing goes for DFS. I was on twitter one day reading some basketball news when I saw someone post something very informational. I tweeted to them and they responded and we started to go back and forth. Before long, a relationship was built and now me and him bounce ideas and lineup advice off each other daily. Do not be afraid to ask a professional or well-known fantasy expert a question. I would say most are very friendly and willing to give you their honest opinion. (Twitter is usually the best to do this)
4. Vegas – Use the spread, point total and player props. I can very confidently say that any profitable player bases a lot of their decisions on Vegas and you should to.
5. Pick your opponents wisely – When picking your h2h opponent, please do not just do it randomly. On many sites you can look at how many wins your opponent has. I have recently taken time to play as many people as I can with less than 1k wins and I have seen much success in doing this. Be smart, you do not make more money by beating one of the best in the industry than you do beating someone who does this for fun. Take the easier matchups where you can and be happy with the increase in your bankroll.
That is it for my list, although there is much more than can be added to it. In the end, never stop learning and improving. There will be good and bad stretches, take both in stride. In the future I would like to write more blogs, a few blogs a week is the plan. They will include my picks for that day, the good and bad decisions I made throughout the week and more ways of being profitable in this ever growing world of DFS. Thanks for taking your time out to read and best of luck to you tonight!