What did we learn this week? The importance of bankroll management.

It’s frustrating.

This game that we play. Very frustrating.

Yesterday started out like any other Sunday for me. I got up around 6am with my son. Brought him downstairs to eat breakfast, made myself some coffee, and turned on NFL network to listen to the morning updates around the league.

“Rashad Jennings is active”, I hear while making the kid his waffles.

Mental note: cross Andre Williams off the short list of running backs I was targeting this week. Too many great options to risk playing a backup. Damn, I’m feeling sharp today!

“Arian Foster is active against the Jags”, is the next piece of news I hear.

Mental note: not a shocker. The matchup and the price on FanDuel is enough for me to pay up for him as my lead horse rather than Le’veon Bell. Let those other chumps pay up for Bell on the road against a Bengals defense fighting for AFC North supremacy! I’m feeling good now!

“The Elf is Off The Shelf – Jordan Cameron will play today, potentially drawing coverage away from Browns wide receiver Josh Gordon.”

Mental note: worst tweet ever, Jordan Cameron… you’re better than that. But with Vontae Davis inactive, ALL THE JOSH GORDON! I should totally max out my bankroll! This will be a week for the ages!

It went on like this until I put the kid down for his nap, and spent a few hours building what I thought was a can’t-miss-lineup. Brees and Kenny Stills against the terrible Panthers. Foster in the backfield. Delanie Walker is the only suitable pass catcher the Titans have! This CAN NOT MISS!

And then the games started. And, of course, it missed. Bad.

In my optimal cash game lineup, where it appeared that my floor was extremely high, I scored 76 points. I’m not kidding. Seventy six. I wouldn’t be shocked if my 1-year old could mash his chubby little fingers into my keyboard and spit out a lineup that scored more than 76 points. With the obvious downside of mashed-up-bananas stuck in my MacBook, I’m certain it would have been a better route than the algorithm this week.

It could have been a very messy week had I let my Sunday-morning-euphoria take over, and roll the whole bankroll into play on what I felt was a monster.

But I didn’t. I followed the plan. I took a hit, but nothing too significant, and that’s what inspired me to write this today.

I started playing Daily Fantasy Sports in 2012, and won a pretty large GPP early on. My bankroll grew exponentially, and with that grew my volume of play. With zero regard for bankroll management, I loaded up on every GPP I could get my hands on. I was about to be the next big thing in Fantasy Sports. I literally wrote Matthew Berry an email about coming on board to work for ESPN and promote Daily Fantasy Sports, that’s how confident I felt about myself after one big win. Side note, apparently in 2012, I was a massive tool.

I took an extremely aggressive approach to my game selection, and I lost everything I had on the site in a matter of a month.

Every. Single. Dime.

Talk about a downer. I don’t like to tell that story. Everyone loves a winner, just look at how many Twitter followers a guy like Al and CSURam have. Nobody likes a loser.

After that gut-punch, I took some time off to clear my head. I dove into the many resources available focused around bankroll management, and I made a commitment to follow a plan. I redeposited, and have been playing off that investment ever since.

Honestly, it’s lame at first. Nobody wants to grind out $2 H2H’s when you can toss a handful of entries in the Sunday Millions. But to make this little hobby sustainable for me, it was the only way to make it happen.

It’s not rocket surgery. 15-20% of my bankroll in play every Sunday. 75% cash games, the rest in GPPs. It’s not exact, it’s a little less risk-averse than some prefer, and sometimes I put an extra entry or 2 into a GPP if there is some overlay. But it’s a system that works for me and has kept me out of the red since that first debacle learning experience.

While there are many great resources out there on the subject, I’d love to be one more. DM me on twitter @JockpostDT if you have any questions around the best way to manage your bankroll.

I love Daily Fantasy Sports, and the more people we can get to stick around and play, the better off we all are.

About the Author


  • ldmariodl28

    • Blogger of the Month

    100% agree

  • astronot86

    Really appreciated this blog. Definitely a great reminder. Thanks for sharing the story

  • Skipbidder

    • 85

      RG Overall Ranking

    • Ranked #63

      RG Tiered Ranking

    The concept you are addressing is certainly important.

    It won’t be a popular view, but what you present here is probably still too aggressive in terms of money in play. Bankroll management isn’t fun. Gamblers have been blowing their rolls and overbetting their edge long before the internet.

  • JoeyCans

    Good article, you summed up my Sunday morning. I do have one question, What constitutes a “cash play” vs a GPP? Obviously H2H & 50/50 contests are cash plays and 60000 entry tournament is a GPP, but what are the other type of plays considered? triple-ups? Quadruple-ups? 20 entry contest? Thanks.

  • jockpostdt

    Skip – I agree with your take. 15-20% is higher than most like, and for NBA and MLB, I usually play less than 10% but with NFL being such a short window, I tend to go a little higher.

    Joey – For my tracking purposes, cash games are 50/50, H2H, double and triple ups. I (personally) allocate funds in 100-man games and Quintuple ups under my GPP bucket.

  • hyde1975

    The voice of reason. Love it. Good stuff.

  • JoeyCans

    Thanks jockpostdt.

  • Tamagoshi

    Thank you for the article, is very good for a guy that only play in GPP and is always struggling with the money, next week I’ll be traying something different. Thanks again.

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