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How to Attack Overlay

Justin Van Zuiden (stlcardinals84)

Justin Van Zuiden, aka stlcardinals84, is a popular RotoGrinders contributor and GrindersLive host who routinely finishes in the top 10 of the TPOY race. He’s appeared in numerous live finals and has logged countless six-figure wins in a host of different sports.

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One of the most misunderstood topics in daily fantasy bankroll management revolves around overlay. If you are a new player, you may be asking yourself what overlay is. Even seasoned players sometimes get the concept twisted around. Let’s define overlay using an example:

DraftKings has a huge tournament for the first week of the NFL season. It sports a $20 entry fee and a $10,000,000 total prize pool. The maximum number of entrants into the tournament is 572,500. If the tournament fills completely, DraftKings will take in a total of $11,450,000 in entry fees. That means that the site would take a cut (known as “rake”) in the amount of $1,450,000. When you divide that rake by the total prize pool, you get a rake percentage of 14.50 percent. That means to be profitable in daily fantasy tournaments, you need to be able to beat not only the field, but also the rake. With rake up to 12, 13, or 14 percent these days, it’s no easy task to complete. That’s where overlay comes in.

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About the Author

Instructor

Justin Van Zuiden, aka stlcardinals84, is a popular RotoGrinders contributor and GrindersLive host who routinely finishes in the top 10 of the TPOY race. He’s appeared in numerous live finals and has logged countless six-figure wins in a host of different sports.

RotoGrinders Interview after $100,000 Payday

RotoGrinders AMA

RotoGrinders.com is the home of the daily fantasy sports community. Our content, rankings, member blogs, promotions and forum discussion all cater to the players that like to create a new fantasy team every day of the week. Our goal is to help all of our members make more money playing daily fantasy sports!

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