So, as we’ve all seen, the major NFL week 1 tournaments are almost unfathomably top-heavy. Here’s a quick breakdown of how much goes to the top 0.1% of finishers…
DK’s $10 Million Millionaire Maker: 54.9% of prize pool to the top 0.1%.
That means that 99.9% of the lineups are competing for 45.1% of the prize pool.
FD’s $5 Million Sunday Million: 46.1% of prize pool to the top 0.1%.
So 99.9% of lineups compete for 53.9% of the prize pool.
FD’s $750K Sunday Kickoff: 36.2% of prize pool to the top 0.1%.
99.9% of lineups are competing for 63.8% of the prize pool, but this is the best I’ve seen so far for NFL.
Compare that to today’s MLB Grand Slam on FD, which is a very nice, flat payout structure in my opinion: 19.2% of prize pool to the top 0.1%, so the rest of the field still has 80.8% of the prize pool to go for. DK’s Payoff Pitch today is about 27% to the top 0.1%, so still a lot to go around for everyone else.
I can understand having around half the prize pool to the top 1%, but the top 0.1%???
Personally, as much as I don’t like the structure, I’m sure I’ll still put my NFL lineups in those tournaments, but I’ll also do significantly less lineups than I otherwise would (probably closer to 25 or 30 instead of 100), and try to find better structured tournaments to put them into as well. If there aren’t any with flat payouts, I may put half the amount of money into play that I originally planned, with almost all in cash games, because only a select few people will profit from GPPs in week 1 if that’s the case, and the numbers just aren’t in your favor even if you have a good ROI normally.
Now, I love FanDuel and DraftKings and I think they normally do an AMAZING job of providing a great DFS experience, as well as listening and responding to feedback from customers… so I really hope they will put out some better structured tournaments in week 1, and trend more in that direction the rest of the season after that.
From a bankroll standpoint, week 1 is the most important week to profit in my opinion. It’s crucial to be able to capitalize on early positive returns so you can consistently grow the BR. You dig a big hole for yourself if you lose a large chunk of the bankroll in the first week of the season, but most tournament players will do that in week 1 due to the payout structure should they place most of their money in these top-heavy tournaments. That’s what I see happening at least… thoughts?