Lesson 6: Tackling the Multi-Entry Approach – Contest Selection
Contest selection dovetails with the bankroll management strategy I discussed earlier. The last thing you want to do is decide to go with a 100 entry approach for the first time in your DFS career only to dump 100 entries into the top-heavy Millionaire Maker on DraftKings. While that tournament gets the headlines and the glitz and glamour, it’s not a practical strategy to break into multi-entry.
Thankfully, there are plenty of contests out there, so we can find one that suits our individual styles.
When you are just starting out, I would suggest going with a tournament that has a flat payout structure and pays out a good chunk of the field. Look for a tournament where first place doesn’t get a massive chunk of the prize pool. Look for a tournament where, say, 10th place gets at least 10% of what the winner gets. That’s always a nice rule of thumb to go by. Also, look for tournaments that pay around 20% or more of the overall entrants.
Tournaments with structures like this will help you use your bankroll more wisely.
Some players will use a variation of the multi-entry approach where they make 50 or 75 or 100 lineups to put into a few lower dollar GPP contests, but then they still make one “main” lineup to use across more tournaments (like the Millionaire Maker, for example). I like this strategy, and while it takes some getting used to, it can be profitable in the long run. It’s also intuitive for those who are used to playing cash games in the past, as those people are more familiar with the “one lineup” approach.
Now, you should have all the tools to tackle GPP play in DFS NFL games. It’s overwhelming at first, so take these bits and pieces in small chunks if you are just getting started. Remember to consider risk/reward potential, monitor your bankroll management, and work up slowly to a multi-entry approach.
I wish you the best of luck on your journey!
Contest selection dovetails with the bankroll management strategy I discussed earlier. The last thing you want to do is decide to go with a 100 entry approach for the first time in your DFS career only to dump 100 entries into the top-heavy Millionaire Maker on DraftKings. While that tournament gets the headlines and the glitz and glamour, it’s not a practical strategy to break into multi-entry.
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