STRATEGY FORUM

Comments

  • snik

    Just new into DFS. I was just wondering what are some strategies you all use? For example, how much of your bankroll do you play every night….25%, 50%, 75% or all of it? Also if you lose one night do you double up the next night? Anyways just some personal strategies or insights would be greatly appreciated. Thanks in advance.

  • mooseHAMMER78

    • Moderator

    I think this is one of the most important things in long term success in DFS. I never play more than 8% of my total BR ever…..and generally stay between 4%-5%.

    If you are starting DFS with baseball, then you will want to stick to strict BR mgmt, as you will find the swings in baseball can be brutal. The learning curve is also steep. So you want to be able to stick around and learn/grow.

  • Jeff7kv

    .

    @Mooseman78 said...

    I think this is one of the most important things in long term success in DFS. I never play more than 8% of my total BR ever…..and generally stay between 4%-5%.

    If you are starting DFS with baseball, then you will want to stick to strict BR mgmt, as you will find the swings in baseball can be brutal. The learning curve is also steep. So you want to be able to stick around and learn/grow.

    Words of wisdom

  • crazypaul

    @Mooseman78 said...

    and generally stay between 4%-5%

    100% agree with this. Baseball was the hardest sport for me to get a grip on. I lost a lot at first but now have become profitable. Stay under 5% with baseball because the variance is just too high. You could roster an all-star lineup and have every single batter go 0-4.

    Someone said it best when I first started: Baseball players that succeed 33% of the time at the plate make it to the hall of fame, what other industry can you say that for?

  • snik

    Thanks for the advice! Just one more question. If you guys bet 4% of your BR say its $20 and lose. The next night would you bet $40 to try to make up? Or would you just bet 4% again?

  • mooseHAMMER78

    • Moderator

    No….I will still stick to my 4%. So if 4% was $20, then the next night I will play $19.20 worth of games.

    Maybe not that exact but you get the point.

    There is no need to chase your losses.

  • hambazaza

    RG Blog Program Manager, 2014 RG Party Beer Pong Champion

    • Blogger of the Month

    • Beer Pong Champion

    never try to make it up. always bet the 4%

    there are two ways of doing this IMO

    you either have a changing bankroll that adjusts every day, or you have a bankroll that only adjusts at pre-determined intervals.

    Lets use your example, where you bet $20 on that first day. at 4% that would mean that your bankroll is at $500.

    With a fluctuating entry fee based on that morning’s BR, and a 60% win rate, here’s what you get if you play double ups/h2hs

    Day1: $500 BR, Play 4%, lose $20
    Day 2: $480 BR, Play 4% $19.20, win DU/H2H, win $15.36
    Day 3: $495 BR, Play 4% $19.80, win DU/H2H, win $15.84
    Day 4: $510 BR, Play 4% $20.40, lose $20.40
    Day 5: $489 BR, Play 4% $19.50, win DU/H2H, win $15.67

    Day 6 BR = 504.67

    vs a static entry fee based on starting bankroll of $500

    Day1: $500 BR, Play 4%, lose $20
    Day 2: $480 BR, Play 4% $20, win DU/H2H, win $18
    Day 3: $498 BR, Play 4% $20, win DU/H2H, win $18
    Day 4: $516 BR, Play 4% $20, lose $20
    Day 5: $496 BR, Play 4% $20, win DU/H2H, win $18

    Day 6 BR = 514

    I usually do the second one, and I change my buy in level once I hit the next major milestone, so $600 or $400, I know this is a bit risky, but at a 60% win rate, you are actually making 2% more a week than if you adjusted the amount you’re entering on a daily basis.

  • crazypaul

    @snik said...

    Thanks for the advice! Just one more question. If you guys bet 4% of your BR say its $20 and lose. The next night would you bet $40 to try to make up? Or would you just bet 4% again?

    4% of current bankroll always. Never chase your loses.

  • CrazyGabey

    I go between 5-10% for baseball, but it’s mainly because of two factors.

    1. I feel extremely confident in my ability to research, diversify my lineups from site to site, and even diversify them within each site. This helps me hedge against otherwise disastrous evenings.

    2. I can handle bankroll swings well. This wasn’t always the case, and I realize it’s still a large part of the game for many people. Mental strain when you’ve lost for a few days (or even weeks) in a row can be too much for some players. After being a skill gamer for over half my life now, I’m finally at a place where I sincerely DGAF. Mike Caro talked about it best when he said you should view all bets you’ve ever made, are currently making, and will make as part of one continuous game that you are playing.

  • Detlef

  • kiteman

    Q: What exactly is bankroll defined as in DFS? Does that mean the total amount of money you will ever invest in DFS, or is that just what you happened to deposit yesterday because DK told you that you would get 100% of your first deposit back?

  • Thomas21

    @kiteman said...

    Q: What exactly is bankroll defined as in DFS? Does that mean the total amount of money you will ever invest in DFS, or is that just what you happened to deposit yesterday because DK told you that you would get 100% of your first deposit back?

    Bankroll is usually defined as the amount of money you have in your account. I personally think of bankroll as the amount I’m willing to play on a certain day.

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