Getting Your Bankroll Started
One of the most tip-toe oriented subjects in the world of daily fantasy is a player’s “bankroll.” Although bankroll doesn’t have a consistent definition, it’s loosely defined as the money an individual player can afford to lose before they are forced to stop playing for a period of time. Obviously, some players naturally have larger bankrolls than others for various reasons. Despite this fact, there are plenty of misconceptions out there. I’ll discuss the most common one here:
A Daily Fantasy Myth
All the highly ranked players started with a huge bankroll and that’s how they climbed the ladder to the top.
This could not be further from the truth. My first daily fantasy deposit was $100. When I played my first $5 game, I was so nervous and pacing around the room. Eventually, I ended up losing that $100 and I was devastated. I had lost my whole “bankroll” at the time. After about a week, I realized that I was able to learn a lot while I was losing that $100. I learned the concept of strategy and player value. Although I had lost that $100, I knew I would be better off for it in the long run.
A few weeks later, I made my second deposit. This time I deposited $200. To this day, a year and a half later, I have never had to put a penny more into daily fantasy from my own bank accounts. I built my bankroll to where it is at today through grinding games and sports on a daily basis. That’s how most of the top players have done it, and believe me, it can be done. Will everyone be successful? Obviously not. But, if you use the tools and advice given here on RotoGrinders, you’ll be in a great position to succeed in the long run. Start small, figure out how much money you can set aside for a beginning bankroll, and build from there. Playing with profits is one of the most glorious phrases in daily fantasy, and that’s what helps to build a long-term bankroll.
How to Approach Building Your Bankroll
What is more stressful? Playing with $100 that you’ve put in from your bank account, or playing with $100 that you won the week before? The answer is easy, and it’s contingent upon getting your bankroll started, and then building it. The tools to help you build it are here. There are deposit bonuses for each site that you sign up to through RotoGrinders which help immensely. There are freeroll tournaments on each site that will help you figure out strategy and possibly win some cash. The key is being patient and realizing that there will be bumps along the way, but you CAN build a bankroll by starting small.
Best of luck as you start your daily grind!
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How Much to Play