BANKROLL FORUM

Comments

  • Dakotasbest

    Hey guys,

    This has been bothering me for a while. Please don’t take it as a cry baby post because I know I’ve made life choices that don’t allow me to do more. Anyways, how is it that so many of you have the funds to play DFS on a higher level? I consider myself okay at DFS and am working towards studying and being even better. I still get stressed putting in $50 one week. Obviously if you’re a winning player you shouldn’t need to deposit more which brings me to my main point.
    Is there a br management system somewhere I could read up on? Do you start out playing double ups or limit yourself on GPP tourneys? I love putting at least one lineup in the Milly Maker just incase. However, if I cash and only win $20 that isn’t sustainable for me not depositing money again. Would really love to talk in depth on this is anyone has some time. If someone has a spreadsheet or something with a BR management that would be awesome.
    What is a good amount to start with on DFS? I love playing and willing to take advice and grind for years if needed to get myself to a point where I can play higher buyins.

    Sorry, had to write this quit because I’m at work. I know it’s messy but please try to take the time to read and leave positive feedback I could use.

  • gvn2fly1421

    If it stresses you out to put $50 in per week, you do not need to be doing it. For me, and probably most here, this is a hobby. Not a job.

    I put in whatever I am ok with losing. Period. And we are all on different levels. One person may make $30,000 a year while the next may make $200,000, so obviously the player with more income has more disposable income at hand.

  • Jenesaisblah

    My only rule is this:
    Don’t pretend to be a high roller.
    You aren’t one if you get stressed over $50. I get stressed when I gamble more than $5 in a single day. We aren’t high rollers. You shouldn’t be playing the mili maker. That’s out of your price range. You should be trying to win tickets for the mili maker though so that you can play in it without burning through your bankroll. You gotta figure out which kind of player are you? A cautious, small stakes grinder who wins tickets to the big events, or are you the guy who deposits, deposits, deposits because he thinks he can swim with the sharks?

  • manBEAST

    I think this a personal question that has a lot to do with risk. A lot of the pros who were former poker players were use to gambling a lot of money so it may not seem like money to them, and in an interview with a former top number 1 player once you are playing that much money it really isn’t money to them anymore.

    Most of us would never be comfortable playing our salary in one weekend, but I consider myself a conservative spender when it comes to risk. I started out playing one 5 dollar game 10 years ago or so and now I am playing a lot more than that, but not as much as maybe I should considering the time and energy I put into this.

    I don’t think you shouldn’t be playing the millimaker it is what it is – a tournament that is highly unwinnable but so is the lottery. If you know you are playing against many pros at 150 lineups it might make you think twice. You need to be playing a lot of headsup and 50/50s to balance out the millimaker because you need to mentally be able to write that one off as entertainment. You have to be able to play comfortably losing all your buy ins that week due to injury, variance, or other factors. You are probably better off spending that 20 on single entry $1, $3 some 3 entry maxes and some 50/50s which will keep you in the game longer than dumping a milli ticket every weekend. So play and as you improve play more, but don’t play what you are uncomfortable playing. This is different for everyone some season long players will never play daily because they see it as gambling, but if you are a new player and you are only playing on DK and FD you are doing it wrong in shark infested waters!

    In short you do you, I’m conservative whether is comes to stocks, blackjack, or DFS, but it doesn’t mean you can’t win or enjoy yourself I do and I’m a tightass!

  • tristanwolf

    for me, i have no wife or kids so i can afford a little hobby fun. if you do have obligations to take care of, i would say drop down to 2-5$ single entry or 3 max at a weekly amount that doesn’t stress you. if you hit a nice score, pull out 80%, keep 20% in the kitty and bump up 1 level. just my personal angle.

  • bigez952

    if your worried about bankroll management putting any entries into the Milly Maker is probably the worst choice as you can make that that contest’s payroll structure is terrible and if you never get a top 20 finish in it your probably going to lose money long term in that contest. Play in the smaller contests and take advantage of things like the rake free Pat Mayo or DFS Edge contests as those have decent payout structures to stretch out your bankroll much more than the Milly Maker.

  • sirrobert6

    • Blogger of the Month

    DFS isn’t about how much you win, it’s about how little you lose.
    Don’t look at it as finance but levels, like a video game. If you’re struggling you’re just not at level 32 or whatever yet.

    It took me four years to doink a GPP large enough to give me an idea of that level, and I lost most of it thinking I belonged. I didn’t.

    You’ll get there when you deserve to be, and if you don’t deserve it you probably won’t stay there long. My advice is to change your perception of bankroll from literally being rich to literally deserving it. Some people are just rich, if you aren’t one of them don’t worry about trying to be because if they deserve it you’ll find out about them.

    It’s not personal, it’s just how’s things work behind the scenes.

    And to answer how much to start with, you can start with as much as you want. The key is to only play a certain amount of your bankroll so that when you inevitably lose, which happens to everyone, which is why it’s about how little you lose, you can keep playing. If you lose your bankroll than consider what you want to do and maybe only play frees.

    This costs money. Either gotta get serious or get out kinda thing, for the health of your life.

  • Njsum1

    @Dakotasbest said...

    This has been bothering me for a while. Please don’t take it as a cry baby post because I know I’ve made life choices that don’t allow me to do more.

    Oh boy here we go, yet another cry baby 😁

    Just messing around @dakotasbest. Nothing about your post was even remotely whiny. Solid post man

    You say $50 a week stresses you out. Do you exclusively play football? Cause how much bankroll to play in football would be different than MLB or NBA since those are daily sports, whereas football is weekly.

    General rule of thumb, I wouldn’t play more than 10% of my bankroll in any given week for NFL, and like 2-3% on any given day in MLB or NBA. Also you can adjust those numbers based on what sports you excel in. Obviously the more success you’ve had in a sport the higher percentage you should play. Yet personally I wouldn’t go over like 4% in any Daily sport like Nba or Mlb, or like 12% in a weekly sport like NFL. That’s conservative, yet that’s how I do. Good luck man 🍀

  • Dakotasbest

    Thank you everyone for the insight. This is the greatest community! Good luck to everyone lets all get some $$.

  • Jvanspro

    This is a hobby for me. I’ve been playing all gpp at around 50/week this nfl season. It more fun for building lineups and multi entering the $1 gpp on fantasy draft.

    To be frank I don’t really care if I lose it all, it’s purely entertainment. If I win that’s cool too.

    You just have to be honest with yourself and most importantly realize this is fun and you will probably be a losing player over time.

  • carney259

    • 164

      RG Overall Ranking

    • Ranked #18

      RG Tiered Ranking

    If you’re looking to build your bankroll, my number one piece of advice would be to play more of your bankroll on the smaller sites. The rake is not as oppressive and they overlay more often. If you take down a nice win, then withdraw a portion of the money out into your PayPal account and move it into FD or DK without it ever hitting your bank so it doesn’t feel like you’re actually depositing out of your pocket.

    Over the years, even though I’ve spent far more on entry fees on FD/DK and they offer larger prize pools and top prizes, two of my three biggest hits were on the smaller sites (the former Victiv/Starsdraft and Fantasydraft). I would add Yahoo to the mix too; I just personally haven’t had a big win there. Anymore, almost all of the big DK tourneys have payout structures that are as bad as the Milly Maker, where min cash is around 1.5x and you need to get close to the top 10% to double up your entry fee.

  • SkateFiend

    The current state of the DFS is particularly dangerous time for small time players, because the offense in sports in just through the roof. When I started playing DFS around 2015 I could min cash on Yahoo NBA contests with a 270ish score. Cashing MLB double ups was a matter of stacking the two best pitchers and taking your chances on hitter. Because back then aces were aplenty and some of them were just untouchable.

    Those days are long gone. Cash lines for double ups and GPPs are nearly the same on most nights and they’re pretty high. By my conservative estimation, every month there are 8-10 slates where you will fail to cash with the kind of score that would have min cashed years earlier. And there will be nights where you guess wrong and fail. So assuming that 15 times on month you’re guaranteed not to cash no matter what you do, and it’ll be tough to significantly grow your bankroll. I deposited 5 bucks on DK and tried to milk that as much as I can, and it just doesn’t go anywhere.

    My advice is to not even bother playing 50 dollars a night, that will do things to your mental health. Don’t bother with cash games unless you’re in it for the long haul, because you can easily go into a 4 night losing streak and the prospect of winning 5 straight days to offset that is slim. Play quarter games and single entry contests at Yahoo and FD. Don’t be afraid to take chances with a quarter lineup. If you stack the Marlins and they score 10 runs, you may win $1.25. But that’s a win. Let the small wins add up and when you get lucky medium lucky and win 10 bucks or something, withdraw at least half of that.

  • kps3205s

    I’m a low roller and single LU guy and a few things that have helped me get better.

    1- I realized after using the analyzer on RG what sports I was good/decent in and stopped playing the rest. Basically stayed in my lane. So long MLB and hockey. NBA will now be under the microscope once the regular season starts. I may just end up playing PGA and Football only.

    2- Satellites are your friend. My cashes the first 2 weeks in the Milly this season, missed cashing today, were due to satellite tickets and I have 2 left. Total cost since they were won in PGA was $13.05 in a 3 week period as I played the $3, $1, $.25 and $.10 contests.

    3- I don’t pay for any contest above the $5 and have discovered that I cash more frequently in the 20 or less entry contests.

    Less is better in my low roller world and it’s okay to skip a couple of days playing if nothing fits my abilities.

    Hope this helps and good luck.

  • clrockny24

    @kps3205s said...

    I don’t pay for any contest above the $5 and have discovered that I cash more frequently in the 20 or less entry contests.

    This is interesting. My first choice as far as contests go would be a 100-man 50-50. Something I’ve always wondered is, does the size of the 50-50 matter? when I see 50-50’s with only 20 spots, that makes me hesitant. I guess it’s the same either way, either you place in the top half or you don’t.

    I need to re-evaluate my process as far as contest selection goes. I like the 5 and 10 cent gpp’s because they are cheap, anything more than that and it seems to be a good way to lose money quickly.

    I have enough money across both sites to play bigger money, but I stick with smaller buy-ins. I’m not a huge risktaker, and I kind of like to hoard my money. I’m starting to realize that’s not a bad strategy if you like to slowly make profit, but not much.

    I’ve started to realize that in cash games (50-50 and double up) you pretty much have to play higher entry ones (more than $5, which I’ve never done,) to make profit. If I wanted to make, say $30, it would take months if I only play $1-$3 cash games.

  • btwice80

    • 670

      RG Overall Ranking

    @clrockny24 said...

    Something I’ve always wondered is, does the size of the 50-50 matter? when I see 50-50’s with only 20 spots, that makes me hesitant. I guess it’s the same either way, either you place in the top half or you don’t.

    No, it’s not the same either way. In a 20-field 50/50 you have to beat 52.6% (10/19) of your opponents. In a field of 100 you have to beat 50.5% (50/99) of them. This is not insignificant over the course of many slates.

  • carney259

    • 164

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    • Ranked #18

      RG Tiered Ranking

    @btwice80 said...

    In a 20-field 50/50 you have to beat 52.6% (10/19) of your opponents. In a field of 100 you have to beat 50.5% (50/99) of them.

    This is a logical fallacy. This suggests that ignoring competitive factors, there is a mathematical advantage to playing in a 100-field. What if you reverse it:

    In a 20-field 50/50 you lose if 52.6% (10/19) of your opponents beat you. In a field of 100 you lose if 50.5% (50/99) beat you.

    Now it sounds like a 20-field is better because more of the field has to beat you.

  • VolfanJB

    My first year doing DFS was in 2016 playing NFL on DK. I played mainly DU’s and 50/50’s, and some GPP’s though I never had any success in GPP’s. I started with $5 games and eventually worked up to $100 games by the end of the season and won over $1000. The next season, I was down $500 by week 6 and decided to quit. I haven’t played again until this year.

    So, my advice (advice that I am following as well) is to play small games, $5 – $10 50/50’s. I’m staying away from GPP’s for now, and I’m even staying away from Double Ups. If I continue to win, I’ll work my way up to the bigger games. I started on FD recently as well. I’ve doubled my initial $20 deposit on DK and FD by being conservative and playing the games that give me the best odds. If I can’t find a $5 200 person 50/50, I create one. When I make it to the bigger priced games, I will continue to be conservative and very selective with the games I play. I will stick to larger pool 50/50s, assume I’m going to lose, and leave myself enough cash to play a few more. Then celebrate when I win. Also, as I did in 2017, don’t be afraid to walk away and take some time off if need be. Good Luck.

  • clrockny24

    My question now is, is there anyone here who is specifically a cash game player? I’m wondering if it is possible to make a bigger profit long term if all you are playing are 50-50 and double up contests. Specifically if you just play $5 or less 50-50s. I’ve personally never played a game more than $5.

  • Jvanspro

    @clrockny24 said...

    My question now is, is there anyone here who is specifically a cash game player? I’m wondering if it is possible to make a bigger profit long term if all you are playing are 50-50 and double up contests. Specifically if you just play $5 or less 50-50s. I’ve personally never played a game more than $5.

    I used to play strictly cash games a few years ago. I did really well at that time. However, now I don’t play them at all. There is just way to much info out there now. It’s not fun when half the field of a 50/50 has the same core. I’m playing 100% GPP now and having much more fun.

  • wafic

    • 207

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    • Ranked #17

      RG Tiered Ranking

    If i were you I would play the .25 20 max tournaments and build your bankroll and fine tune your skills at MME. For each of us, it is a decision on what we are willing to risk/lose/invest in DFS. I personally play mostly GPPs. As a result my risk tolerance is high and my outcomes are volatile. And I’m ok with that. Just ask yourself what kind of player you want to be and set a bankroll you are comfortable with. I would also set some realistic expectations as far as ROI based on what your bankroll is.

  • Yombo

    I try to play the smallest fields I can with a decent flat payouts that I can afford, varies slate to slate but you can really win or come close to winning in gpps that are 50-200 people – close to lock, they pop up for all dollar levels. It’s not always the sexiest top prize but I think long term I’ve brought back more in those than a larger tourney. I’ll spread out and enter a bunch of them. If you’re gonna tilt about winning a 4 dollar 89 man gpp, enter the small 1 dollar 3 dollar 0.25 also so that you can come close to winning all of them if you do have a good team

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