Dfs Betting
Regular Sports Betting. Well, there you have it! Next time you’re torn between playing DFS or simply putting a bet on, remember: DFS takes more skill as it requires strategy and planning. Both involve spending money and taking risks, but only regular sports betting is strictly considered gambling. DFS, which first appeared in 2007, bridged the world of traditional friend-group fantasy with what we’re seeing now: a burgeoning sports-betting market gradually sweeping through the United States.
Daily Fantasy Sports (also known as DFS) is blowing up, and for great reason – it is a ton of fun. I’m still a sports bettor at heart, but I love the DFS action as well.
Daily Fantasy Sports is almost what the name says – you are playing fantasy sports, but instead of the season long competitions you are playing for just a single day (or week for football). Scoring is similar to the year long fantasy leagues, but in DFS the winners are paid out daily/weekly.
The big payouts is what makes DFS exciting, as you can watch football on a Saturday and Sunday and have a chance at winning $1 Million from a $20 entry. Even if the odds of winning are like a lottery, it still makes the game really exciting!
Daily Fantasy Sports Companies
Best Daily Fantasy Sports Sites:
#1 – FanDuel
FanDuel has become one of the most well-known daily fantasy sports providers on the planet. The company, which was founded in 2009, was acquired in 2016 by Irish bookmaker Paddy Power Betfair. The deal made FanDuel Paddy Power Betfair’s top brand in the United States for sports betting.
FanDuel offers no shortage of contests in a number of different sports, including the NFL, NBA, NHL, Major League Baseball and soccer. They are always looking to broaden their horizons, and they were the first major DFS outlet to offer WNBA contests, for example. The site is easy-to-navigate, and the mobile app is one of the most refined in the industry. FanDuel is on top of the DFS world for a reason.
#2 – FantasyDraft
FantasyDraft may not be as renowned as FanDuel in the DFS, but they are trying their best to close the gap. While offerings like contest sizes and payouts are larger over at FanDuel, FantasyDraft has been able to survive for years in a competitive market that has seen other platforms come and go over the years. FantasyDraft offers plenty of payment methods – including PayPal – and they offer contests in most major sports, as well.
The scoring systems and contest formats differ from those offered on FanDuel, so if you’re looking for a unique way to play while still being able to bank big winnings, FantasyDraft is certainly a site worth checking out. As is the case with FanDuel, FantasyDraft also offers an easy-to-use mobile app, allowing you to play on the go.
Daily Fantasy Sports Strategy:
DraftKings NFL Strategy – In this article I go over my Top 10 strategies for DFS NFL at DraftKings. This includes what positions to focus on, how to utilize the late-swap feature, and how to use the Vegas betting lines your favor.
DFS Bankroll Management – Managing your money when playing Daily Fantasy Sports is essential if you want to be a winner long term. In this article I talk about what a bankroll is, how to determine your own bankroll, and how you should be using that bankroll to help you make money playing DFS.
DraftKings NBA Strategy – This guide covers my top 10 DraftKings NBA strategies to help you win more money throughout the season. This is somewhat of a beginner guide, but there are some strategies in there that will help guys with experience playing DraftKings NBA as well.
DraftKings PGA Strategy – PGA golf can be one of the best type of contests to play at DraftKings, as you get to enjoy it for a full action packed four days. In this article I’ve invited DFS expert, Evan Cheney, to talk PGA DraftKings strategies.
DraftKings MLB Strategy – DFS baseball is one of the most entertaining sports to play and watch throughout the summer months. There are usually 10-15 games per night, and with two pitchers going in your lineups there is always action to follow. Check out these DraftKings MLB strategies and tips to help you win more.
DraftKings NASCAR Strategy – While not one of the most popular daily fantasy sports out there, NASCAR is a lot of fun at DraftKings and there are some big prizes to be won. Check out this DraftKings NASCAR strategy article that goes over some basic tips and strategies.
DFS Videos:
Types of DFS Contests:
There are two main categories of DFS contests – Tournaments and Cash Games.
Dfs Betting
Tournaments, also referred to as GPPs (for Guaranteed Prize Pools), are the contests with a higher amount of entries and the prizes front loaded to the higher place finishes. For example 1st place will be rewarded a large % of the prize pool. In most cases the top 15-20% get paid out.
Cash Games is a poker term that has made its way over to DFS. These refer to the head-to-head contests, double up and triple up tournaments, and 50/50 contests. These are the contests where roughly 45-50% of the entries get paid out, but you only win about double your entry (or triple in the triple up). These are less risky, but provided lower upside if you have a top lineup.
The DFS rule of thumb for those who are looking to make a consistent income from Daily Fantasy Sports is to play at least 80% of your buy-ins in the cash games, which are generally more EV+. This is also known as the 80/20 DFS rule.
If you’re like me, and would rather just go for the big score instead of grind out smaller profits, you can forget about that 80/20 and play in more tournaments hoping to get lucky.
We will continue to grow this DFS section of The Sports Geek. Feel free to give us feedback or suggestions on what type of content you’d like us to produce.