If you’re invested in the world of daily fantasy sports then you must’ve witnessed an interesting trend. The top few players take almost all of the money home and the ones at the bottom are left with nothing but scraps. What separates the pros from the newbies is the tricks they are able to do after gathering so many years’ worth of experience.
However, this doesn’t mean that you can’t be making decent money without having a similar experience. Today, we’re going to look at the tips that professionals follow in order to win big. By the end of this article, you’ll have a good idea of where to start with your own strategy and you’ll be making big bucks in no time too.
So let’s get to it and find out the strategies and tips utilized by the fantasy sports professionals.
1. Listen to the Odds
If you think about it closely then you’ll notice that professional oddsmakers are consistently making good money without having to suffer a lot of heavy losses. If they suffered losses consistently then they wouldn’t have been in this business for so long. The truth is that these oddsmakers are the ones with the most to lose in case their predictions fail; the money that they have on the line is nothing like the minor amounts that others are betting. Try to listen to these people since they usually have smart analysts on their payroll to help them compute the data and make better predictions.
2. Use Your Head
The most simple yet difficult-to-implement tip is perhaps using your brain before you place the bets. While it may seem daunting at first to analyze the huge amounts of data available for every player in every sport you bet on, it’s not that big of a deal. Many professionals take outside help from either the analysts they hire who pour in this data and analyze it or advanced technology.
Software developers have come up with innovative solutions like the lineup optimizers that can give you a statistical advantage, however, not all the software solutions are the same and you need to find the best lineup generators for DFS so that you can make the maximum amount of money without enduring too many losses. In this highly competitive arena, you have to leverage every possible advantage you can in order to come out on top.
3. Don’t Panic
Most daily fantasy sports players and even poker players know that there’s one thing that can’t be eliminated; luck, or as they like to call it, variance. All the professional players recognize that variance is an integral part of their bets and that they can’t expect to win every time. They realize that Losing streaks and prolonged runs without profits are all a part of this game that they’ll have to deal with.
This is what sets the professionals apart from the newbies who generally get easily disheartened and sometimes won’t ever look back at daily fantasy sports due to some losses. In the end, what matters is that you put in place a better lineup than your opponent’s and that will happen naturally once you’ve gained enough experience.
4. Stay Updated
Most of the professionals who play daily fantasy sports always try to be up-to-date with the latest events in their chosen games. This is extremely important since it ensures that you understand the atmosphere of the game better. If you are aware of the latest news about injuries and various other updates then you can use the information to your advantage. This might be the difference between your winning or losing. Just try to be in your system before the game starts and you should be able to catch some sweet bargains that would’ve otherwise been unnoticed.
5. Hold Your Horses
You might want to hold off a little before you finalize your lineups, you always want to be able to change the lineups as soon as any new piece of information comes to light. You might want to keep coming back to make the adequate changes rather than finalizing the lineup and then never coming back. This requires a commitment from your side that you’ll be willing to research and make the necessary changes accordingly but it shouldn’t feel hectic in any way since you’ll be making money soon enough if you play your cards right.
6. Stay Balanced
This might seem like a weird tip at first but you want to make sure that you strike a balance between listening to the public opinion and ignoring it altogether. Usually, public perception is important to give you an idea about what’s hot and what’s not. If you listen carefully to what people have to say then you’ll be able to make better predictions as people can, a lot of the time, be right about many things.
However, you can’t rely on people’s opinions as false news and misconceptions travel just as fast as correct news. You need to consider everything and apply your own rationality after taking in information from all sources and this also includes statistics as they usually reflect on the past data and don’t predict the future data.
These are some of the most important pieces of advice that professionals can give to any newbie in the daily fantasy sports world. There are a lot more tips and tricks that you’ll discover along the way as you keep betting and learning along the way. The tips mentioned here should be enough to get you started and should serve you well for some time. However, the most important thing to remember is that you need to apply your own intellect and your own methods in order to determine the best ways to move forward rather than blindly trusting any sources you have. Following these tips and being cautious with your approach will ensure that you are able to turn profits very soon. In the end, there’s literally no teacher better than the experience you’ll accumulate along the way.