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  • rysportguy

    I thought it would be interesting to start a thread on how people deal with the days that you lose big. Let’s face it you can’t win all the time and eventually you are bound to have a day where you lose a lot and feel pretty down about it. Today is that day for me, I have been doing very well the past few weeks in football but today I lost a lot and it feels awful. I am not someone who likes to regret or look back but knowing that if I switched one player (McCoy for Charles this week) I could’ve done well and made a profit makes it hard to not regret that choice. The way that I usually deal with it is to put an extra little money into another sport the same night so that I can focus on that and try not to pay attention to football. Anyone else have any other ways of moving on from a big loss?

  • bhdevault

    • Lead Moderator

    • Blogger of the Month

    I feel you. I started out depositing $20 into FD in week 3 of the NFL season. Since then I slowly turned it into $590 going into today. I REALLY liked my lineups today, and ended up entering around $300 worth of NFL games today, only 3 contests (3 $10 double ups) did I have Charles.

    Needless to say, I’m going to lose a ton today. I’m kind of sick to my stomach but I did learn ONE valuable lesson.

    I will never gamble more than 15% of my bankroll ever again. Ever. No matter how good I feel about it, you just never know. I had some solid lineups too, just not good enough to overcome Charles.

    I got cocky, got burnt and learned from my mistake.

  • JHols1nger

    If you’re using sound bankroll management and are happy with how and why you made your picks a losing night shouldn’t be an issue, you just move on to the next day. Even if you’re a profitable player who only focuses on low variance game types like h2h and 50/50 you’re probably going to lose roughly 40% of the time. The only way you can have a big loss is if you’re wagering too much, otherwise it’s just another loss and part of the process.

    Chasing losses is a bad idea and can turn a mild downswing into a busted roll.

  • rysportguy

    You guys both bring up a good point and an important part of DFS which is bankroll management. I usually am really good at that but did get carried away and spent around half my current bankroll and had a bad week. I learned my lesson and hopeful can recover from it. Hopefully better luck follows and I will be sure to limit my bankroll to around 15%.

  • TheTonyM

    RG NHL Daily Plays

    Guys – Make sure you check out “Grinders U” that was an outstanding intro to DFS put together by STLCards, Chopper and Pete Jennings (and a bunch of other outstanding players).

    One of the key points is bankroll management. Learn how much to put in play every day and stick to it, win or lose. The percentages do not change, but the numbers will. The more you win, the more your amount in play goes up and vice versa.

    Good luck,
    tony

  • Greebo

    Remember that feeling you have right now… I know it’s helped me remain focused and disciplined with regards to my bankroll. I don’t use more than 10% of it on any given day. Usually I use 6-8%.

    I know that’s conservative and I could have made a lot more on some nights where I was confident and wanted to go “all-in” (not really all-in, but spending more than 10%) but I remember EXACTLY how it felt to lose most of my bankroll (Week 5, Michael Vick hamstring pulled and Reggie Bush can’t miss week, missed) when I decided to do some actual real research before I decided whether or not I would even re-deposit.

    On nights you win, you will be happy (very rarely do I feel I would be “happier” if I had played more) and on bad nights you will shrug it off MUCH easier knowing you could have lost a lot more if you didn’t remain disciplined.

  • billsfan777

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    @rysportguy said…

    I thought it would be interesting to start a thread on how people deal with the days that you lose big. Let’s face it you can’t win all the time and eventually you are bound to have a day where you lose a lot and feel pretty down about it. Today is that day for me, I have been doing very well the past few weeks in football but today I lost a lot and it feels awful. I am not someone who likes to regret or look back but knowing that if I switched one player (McCoy for Charles this week) I could’ve done well and made a profit makes it hard to not regret that choice. The way that I usually deal with it is to put an extra little money into another sport the same night so that I can focus on that and try not to pay attention to football. Anyone else have any other ways of moving on from a big loss?

    Ry-

    As a guy who used to have a small bankroll and a wild imagination (Imagine what I’ll do once I win this gpp!) I often spent large chunks of my bankroll and progressively took 5 steps forward and 1 large step back where i was… it was frustrating and after saying “never again”, I kept on doing it. Finally I cooled down a little and settled in as I started winning some more and playing amounts I felt comfortable with. Just keep grinding and hopefully you’ll catch your big break soon, so when I was spending half of my bankroll a night, that is now less than 10% of my bankroll and my comfort zone… Keep grinding lower amounts.. it’s boring, but eventually ull catch ur break in a gpp and ull start being able to play big volume

  • miggytoddbest

    • 2014 FanDuel WFBC Finalist

    How I lose sends me on tilt the same way how much does.

    DS DFFC was very important to me. In the span of a couple weeks getting a 2nd, a 3rd and another 2nd set off MIGGYTILTBEST. Doing so with a healthy Gronk getting 3, Amendola a healthy 3.5 and Tampa TE Tim Wright a 1.9 between all games with double digits messed me up. Pissed off, ran through the 11,500 from those cashes and whatever needed to try and qualify.

    Focus not as good, second guessing, last 5 weeks never got closer than 5th.

    Actually a big relief when qualifying was over. No more stress. The last week with the snow in Philly I was using Joique Bell on all teams even before Bush out and then of course there kicks in my luck and Bush gets hurt and then the pick nothing special.

    So now in the future I will need to force myself to not chase when frustrated. Blew through major $‘s.
    Tough to focus when angry and frustrated.

    Kicker was my first 2nd, Gronk, Joique Bell and Montee Ball were on my team that day. I played Montee at a smooth 2k that day and got 11 ish.

    I just laughed when he scored and Legasse went nuts. Very fitting.

  • Kcannon

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    Yea how I lose has a lot to it. I am invested early in the games and then how I am doing determines the rest of my day. I tend not to take very many days off unfortunately so for me my night off comes when I get crushed early.

    My night is determined essentially when I close my laptop. If I dont close my laptop then I am most likely still in the games and I pay attention. When I am just over the day due to getting crushed I just tune out sports the rest of the day. This can be due to injuries or just having guys not show up. I take off the rest of the day/night then once it is over I usually hop back on and start looking at the next day.

    Team Cannon also has a very unhealthy habit of ribbing the other member when they make bad picks :). Sometimes that results in one member having to buy the other member dinner next week when we get together for the big weekend :).

    I think it all depends on who you are and how you handle the downswings and the rough days. DFS can be pretty cruel when you are not having a good day or couple days. You just have to find out which way works best for you.

  • Hatorade

    Porn 'Stache --- FanDuel Sunday Million (1st for $200,000)

    • 2014 FanDuel WFFC Finalist

    • 2013 StarStreet NFL Playboy Mansion Finalist

    My fantasy Tourette’s usually kicks in situations such as this and I start intermingling my player’s names and an excessive amount of curse words. Then I set lineups the next week (or day) and the same thing happens or I win.

  • piersb999

    Bankroll management is plain and simple the most important thing. I am the worst offender in the world, spend two weeks grinding to boost my bankroll to a healthy amount then get greedy and carried away and blow the lot in one day. One day I may get lucky on the day I put it all in play but usually something silly happens and I lose the lot putting me back to square one. I actually win more than no lose but the fact I can’t manage my bankroll makes me a idiot! One day I hope to put into effect the sound advice I have read numerous times. Oh, and when I do lose I take it out on the dog!

  • clevelandbrowns

    @piersb999 said…

    Bankroll management is plain and simple the most important thing. I am the worst offender in the world, spend two weeks grinding to boost my bankroll to a healthy amount then get greedy and carried away and blow the lot in one day. One day I may get lucky on the day I put it all in play but usually something silly happens and I lose the lot putting me back to square one. I actually win more than no lose but the fact I can’t manage my bankroll makes me a idiot! One day I hope to put into effect the sound advice I have read numerous times. Oh, and when I do lose I take it out on the dog!

    Same here. I repeatedly, in the past few months, am bouncing around in terms of total bankroll. I played 60% and lost big time last weekend. This past Saturday, I did well in NBA and went all-in with my final 40% and won big. Then, I went in 50% on NFL yesterday and got crushed.

    Beginning today, I’m sticking to 10-15% – period. I learned my lesson and I can’t rely on lucky all-in wins to keep me going.

    PS: I absolutely hate being a Browns fan sometimes. Stupid, biased CLE based lineup. I went with a Gordon/Cameron/Campbell lineup and got third-degree burns.

  • piersb999

    Could be worse you could be a cowboys fan!

  • thedude404

    • 2015 FanDuel NBA Playboy Mansion Finalist

    @rysportguy said…

    You guys both bring up a good point and an important part of DFS which is bankroll management. I usually am really good at that but did get carried away and spent around half my current bankroll and had a bad week. I learned my lesson and hopeful can recover from it. Hopefully better luck follows and I will be sure to limit my bankroll to around 15%.

    15%????? Thats a great way to go broke. I’d recommend no more then 5% a day. If you are a new player coming into the game ie you just started playing dfs and nba is your first season, I’d recommend less than 5%. Losing streaks happen. Believe me I’ve had them just like anyone else. NFL is especially difficult because you only have maybe 17 opportunities (I say maybe 17 because the last 2 weeks potentially there are a lot of players sitting). Playing 15% of your roll will allow you to have 6 losing days before losing your roll. Playing 5% will allow you to have 20 losing days in a row, which will obviously allow you to get through nfl season.

  • hambazaza

    RG Blog Program Manager, 2014 RG Party Beer Pong Champion

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    @piersb999 said…

    Could be worse you could be a cowboys fan!

    What’s wrong with being a cowboys fan! we play awesome first halves! :kicksdog:

  • rysportguy

    After reading all of these posts I started to remember something. I remembered when I first started playing and would get ecstatic to win just $50. Now when I win that much I don’t feel excited at all. I am going to go back to the beginning stages where I would bet much smaller amounts and winning would be much more exciting. Losing was never a big thing for me back then either because I would only lose around $10. I’m going to stick to 5% bankroll because that way going on a super bad losing streak wouldn’t hurt me nearly as bad as it has recently. Thanks for all the info and good luck fellow grinders.

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