One of the biggest hindrances to success in daily fantasy sports is the fact that they are difficult. Even if you have experience in season long leagues, you may find yourself struggling when you begin in a daily league. This is completely normal and to be expected. If you give up though, you will never be profitable here. Instead of getting frustrated and quitting, you should use your first few weeks of playing at daily fantasy sports sites as learning experiences so that you can improve enough to start making regular money.
Start with Free Tournaments
It sounds so simple, but a lot of people just jump in headfirst only to be surprised when they crash and burn in paid tournaments. Even a low stakes $2 tournament is a completely different ballgame than the free tourneys that sites like FanDuel and DraftKings offer. However, there are important similarities that you need to have mastered before you proceed, and spending a week or two playing in the free games will get you to where you need to be to have a shot. These are offered in most sports, and the competition level is usually really low. Still, it’s a good way to get a feel for what the salary cap is and how it limits your choices. It’s also a really easy way to start figuring out which ideas work for you and which do not. Once you have a grasp on these, move on to the small stakes games.
Work up Slowly
The salary cap is your worst enemy at first, but it should be your best friend. At each different stakes level, you will find that the competition gets tougher, and all of a sudden, the cap becomes even tougher again. Work your way up slowly so that you can use your strengths to help you make as much money as possible. Having a grasp on how to best use salary cap will be your biggest asset as you move up, but it’s something that everyone else is working on improving at the same time.
For example, it’s really easy to draft a star pitcher or quarterback, rack up tons of points, and then have your entire roster underperform. You’ll have one awesome player, and a bunch of others that are just holding you back. Avoid this, and figure out how to get an awesome star, and an awesome group of players to go with him. Concepts like value will help you to get to this point.
Value is a tricky thing because so many sites stress it, but don’t emphasize why it’s helpful. Value in a daily fantasy setting is defined as getting more fantasy points out of a player for less money. The less you pay for more points, the higher the value. However, what many sites won’t tell you is the fact that value is only helpful if you are getting a lot of points in many places. And this means that you might need to overpay in some spots. If the best quarterback is costly, but you can use those points to get you a winning team, the concept of value is meaningless to you in this position. You will need it to fill out the rest of your team, but the points are what wins you the tourney, not how little you play for your players. In this regard, the salary you are given is a tool that you use to get points. Learning the different nuances of how to best use salary at different sites will give you a bigger and bigger advantage, just be sure not to move up in stake size too quickly so that it remains an advantage.