If you have yet to dip your toes in the world of daily fantasy sports, we are here to pave the way! In this article, we will give you a rundown of how to play DFS, as well as offer some helpful daily fantasy advice. Once you know the basics, pretty soon, you will be on your way to devising your own daily fantasy strategy.
Playing Daily Fantasy Sports – How Does it Work?
Although still relatively young, daily fantasy sports have quickly become one of the most popular forms of online entertainment. Every day, millions of people take part in DFS contests, pitting their best daily fantasy strategy against others.
The reasons are simple, daily fantasy sports are easy to get into, but challenging to master. As opposed to regular fantasy sports where the contests last throughout the entire season, daily fantasy sports contests are much shorter. Typically, they last only a week or a single day. This means you can participate in a contest and get a payout within a couple of hours. So, let’s cover the basics and see how to DFS.
Fantasy Sports Basics
Selecting a roster of players is the basis of every daily fantasy strategy. Participants in competitions pick a sport and a contest they want to participate in and pay the entry fee. They then draft players and make their own fantasy team. If you are just starting out, we suggest you look up some daily fantasy advice on drafting.
Once you have your roster of players, you collect points based on the players’ real-world performance. Different actions (touchdowns, passes, etc.) will carry a different number of points. At the end of the contest, winners (i.e. participants with the most points) get the share of the entry-fee pot. Of course, the provider also gets a portion as rake revenue.
Daily fantasy sports, like traditional fantasy sports, are considered a game of skill in most of the US. This distinction enabled them to be legal in the majority of US states, years before the repeal of PASPA. Additionally, in most US states, the age threshold for participation in DFS contests is 18, compared to the usual 21 for sports betting.
Different Types of Fantasy Leagues to Play
While devising your daily fantasy strategy, one of the most important steps is picking the right sports league. DFS providers offer a variety of different sports leagues. The sports offered by the majority of providers are baseball, football, basketball, soccer, and hockey.
A piece of common daily fantasy advice is to choose the league you want to compete in carefully. Make sure to know the ins and outs of the league and to know which players might perform well in given games.
Luckily, there are a number of online communities where you can get daily fantasy advice which can help you make a solid daily fantasy strategy. They can prove to be invaluable when you are learning how to DFS.
Types of DFS Contests
Next in our how to DFS guide, we will cover some of the most common DFS contests you can participate in.
As we’ve already said, the number of points decided who wins the competition. The higher your score, the higher the chances you will win. However, the rules of the competitions dictate how many people can participate and how many can win.
There are two basic types of DFS games – cash games and guaranteed prize pools (GPPs). Cash games are generally, well-suited for beginners. They involve a smaller pool of entries, as one player is usually limited to a single lineup. Additionally, all the winning entries are paid equally.
Double ups are a common type of cash games. In double ups, you get paid double your entry fee, as long as you are in the top 45% of the player pool.
Head to head contests are another popular one. Here you compete against a single opponent. The two of you duke it out and the player with the most points gets to take the pot.
Experienced players excluded (EPE) is tailor-made to DFS novices. It’s a level playing field, where only beginners and intermediate players are allowed to play.
GPPs, on the other hand, are more geared towards experienced players. For once, players are allowed to enter multiple lineups. The games also have a tiered payout structure, which means the top prizes are reserved for top players. Finally, GPPs include a much bigger number of entries compared to cash games. This translates into much higher prize pools.
Best Daily Fantasy Sports Sites
Finally, our how to DFS guide wouldn’t be complete without a look at some of the top providers. Apart from being well-known, the providers we will list boast the largest player base and are available in the majority of the US. So, our daily fantasy advice would be to go with the tried and true providers.
FanDuel was one of the trailblazers when it came to DFS in the US. The operator is currently one of the biggest DFS brands, active in 44 states. When it comes to markets, FanDuel offers the most popular US leagues and sports, including the NFL, NBA, WNBA, soccer, and golf.
FanDuel allows players to access its services both through its website and through dedicated iOS and Android apps.
It’s no surprise the FanDuel Sportsbook is just as popular with players in the US.
Together with FanDuel, DraftKings dominates the US DFS market. DraftKings gives players access to public tournaments with massive rewards. Players can participate in a variety of contests in NBA, NFL, MLB, NASCAR, MMA, CFL, and eSports.
DraftKings also caters to mobile users by offering excellent iOS and Android apps in addition to its web-based platform.
Monkey Knife Fight
Monkey Knife Fight is one of the newest additions on the DFS landscape. The provider has already established a sizeable user base through its generous promotional offers. Though smaller than the two, MKF by no means falls behind with its offer of contests. MKF players have access to daily basketball, baseball, hockey, golf, and soccer contests.
How to Get Started Playing Daily Fantasy Sports
Now that you, hopefully, have an idea of how to DFS, the question is where to start. Well, the first thing you need to do is pick a daily fantasy sports site and register. Our daily fantasy advice would be to check if the provider offers any promotional offer.
Once you are satisfied with your choice, it’s time to start thinking about your daily fantasy strategy. Choose the league you want to play and the contest you want to participate in. Then, all that’s left to do is draft your players and watch the game unfold.
Hopefully, we have inspired you to venture into the world of fantasy sports.