Home I All Guides I DFS Guides I Beginners Guide I Beginner DFS Betting Guide: Part 1 Betting Markets
Fantasy sports have been around in one form or another for decades – dating right back to the 1980’s and the (in)famous postal games that many a player slaved laboriously for hours over, most of which was spent finding a post box to send rosters off in.
The internet revolution changed the face of fantasy sports forever. The industry has been reinvigorated in the last few years with the increase in popularity of Daily Fantasy Sports (DFS). We will introduce the most popular DFS betting markets in this guide. Stay tuned because we will be publishing more strategy content for DFS fans soon, so you can improve and make some serious cash by playing DFS.
The concept behind Daily Fantasy Sports is simple: rather than having to wait months on end to see how your line-up would ultimately fare in the rankings, DFS offers players the opportunity to select a roster for their chosen sport and achieve results in a single day. An NFL gameweek is one example, while golf managers will know how they have performed within four days of the start of the competition.
DFS has brought an immediacy to fantasy gaming, and judging by the millions of players around the world that are getting started on a daily basis, that can only be a good thing.
But what should all newcomers to Daily Fantasy Sports know? What are the do’s and don’ts? This beginner’s guide is here to offer all the information you need.
When we think of fantasy sports, we probably attribute it to football (soccer) in Europe and American Football on the other side of the pond. Both of these sports lend themselves perfectly to fantasy, with players picking their line-ups based on a series of unique factors.
But the changing nature of fantasy sports means that a whole bunch of new opportunities have opened up courtesy of the switch to ‘daily’ games. Of course, soccer and American Football are both still hugely popular, but they have been joined by the likes of:
It’s hard to imagine a more eclectic selection of sports! The good news then is that there is truly something for everyone to enjoy throughout the week.
There is no right or wrong answer to this question, and yet we would make one recommendation: you play the sport(s) that you know the most about.
The reasons for this will become obvious when selecting your roster of players, and also when trying to gain an ‘edge’ over your opponents by selecting players that can maximize your point-scoring potential.
In terms of profitability, again you have more chance of winning a cash payout if you know your stuff, so you’ll either need to have a passing knowledge of the sport in question or be willing to put in the hours with your research.
Some DFS sports occur more frequently than others, and of course this impacts upon how many contests you can enter in any given time frame. With soccer, the English Premier League has one gameweek every weekend (on average), whereas with basketball and American Football you can find contests running pretty much every night of the week.
In a nutshell, your players earn points for performing certain acts during their match. These points are tallied up, and the roster with the most accumulated points wins the cash prize.
The nature of each contest varies in size and total prize pot, but often payouts can be earned by players finishing as low as 500th, so DFS sports are a great way to accumulate cash even if you don’t experience the joy of winning.
The rules for each DFS betting proposition are different, but our tip – and this is the most important thing – is to make sure you know the rules of your chosen sport prior to drafting your roster.
Take golf for example, where players earn +3 points for a birdie and lose just -0.5 for a bogey. With pars earning just 0.5 points, what we learn here is that drafting players who are bit ‘up and down’, e.g. make lots of birdies and bogeys, rather than a solid pro who makes lots of pars. So, this gives us a great insight prior to selecting our six-man team.
Each DFS sport has its own unique details like the above, so, we repeat, make sure you understand your rules prior to entering a team into any contest. You can thank us later!
So far we’ve told you about DFS betting markets. The second part of our beginner’s guide focuses on the various DFS contests.
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