Switching from Season Long to Daily Fantasy Sports
It’s been almost a decade since Instant Fantasy Sports was established in 2007, adding a twist to the long popular fantasy sports seasons. So you might be forgiven for thinking that players who love the season long play, would have realized by now that there are major differences between the two in some very important factors. But no, there are still many who haven’t figured out why they do well enough in the long play and get killed in the daily play. Even more important, they haven’t figured out why they should make the effort to get better, so we’ll start there.
Daily Fantasy Sports has Greater Profit Potential
Because of the quick turnaround at the daily level, players have enormous potential to increase their profits. It’s like compound interest. If you win one day and reinvest part of those winnings the next day, and keep doing that, your capital will grow much faster. It would take a much larger initial investment to earn the same amount over the course of a season.
Of course, the same is true of day trading on the stock market, which most people fail miserably at because they don’t know what they’re doing. So the same equation applies: the more you know, the more you win. However, daily fantasy sports also has one huge positive thing going for it that the stock market doesn’t.
It’s similar to poker, in that you are only playing against other players, so you only need to know more than they do rather than more than all the financial professionals on Wall Street who are driving the market. Which brings us to…
Factors That Affect Success in Daily Fantasy Sports
These are the practices that will vary drastically from how to construct a team for season long play. There’s no reason players can’t enjoy both leagues, as long as they remember to change strategies.
· Opponents Over the course of a season, 16 games will usually include both teams that are stronger than yours, as well as players that are weaker than yours. And each team will have different strengths, which means your team needs to be fairly well-balanced in order to have a decent chance against all of them. In daily play, you can forget balanced. Create the best team you can to defeat the strengths and play on the weaknesses of your opponent on each particular day.
· Research Of course, that means a ton more research. So if you don’t have the time or inclination to do it, it’s probably best to stick with seasonal play.
· Injuries can be used to your advantage. At the start of the season, injury prone players are usually available at much lower prices, even if that barely even matters in daily play. Use those savings to spend more on stronger players where you need them, and you can rack up more wins early on – which results in growing your capital faster!
Remember, you only need beat the newbies who come to play without knowing all of this. And there is a constant stream of them.