
There is no doubt that you will enhance the viewing experience of baseball by playing daily fantasy baseball. PERIOD.
Daily fantasy baseball, usually called DFS, is a game where you draft a lineup of MLB players for a single day of games or for a defined “slate” of games over a period of days. Your lineup earns points based on what those players do in real life. Hits, runs, home runs, strikeouts, and innings pitched all become fantasy points. Depending on the type of contest you play in, others will enter lineups and you will compete for cash prizes based on your rank against the rest of the participants. This is different from season-long fantasy baseball in a few important ways.
There is a whole history of fantasy sports that I wrote two years ago over on FantasyAlarm.com under the Business section. There is a lot of information over there if you want to dive into a more complete history, but here is the shortest version.
In the early 2000s, with the rise of poker, there were a number of small companies running “sit and go” tournaments for fantasy baseball, the first daily fantasy baseball. You log in, choose the contest that you want to play in and when it is full, a draft begins for that day or night’s games.
In 2004, I was on the executive team of Allstar Stats which owned Rotoworld.com, the largest fantasy site with over 5 million unique users each month. We played poker every night while watching our fantasy baseball teams. One of my partners, Rick Cordella, now the President of NBC Sports, discovered Instant Fantasy Sports (IFS), owned by Chris Fargas. It was perfect. With our audience, we could make a killing. So we bought IFS. SnapDraft was born.
In October 2006, the Safe Port Act was passed, included in it was the Unlawful Internet Gambling Enforcement Act. It defined a bet or wager for the first time. It contained a safe harbor for fantasy sports with a clear definition of it. It did not include a period of time in it.
Daily fantasy sports were now legal. SnapDraft launched in 2007, FanDuel in the NFL season in 2009 along with DraftStreet and StarStreet, two companies later bought by DraftKings that arrived in the spring of 2012. By 2015, it grew to over 10 million DFS players and a multi-billion dollar industry.
Now that you have the history, let’s dive into how to play daily fantasy baseball. We will look at how to get started, what tournaments to pick and how not to lose your shirt while you are learning?
I play traditional DFS mostly so we will focus there for now. There are many sites that have “Pick 'em” style games like Underdog, Prize Picks and Sleeper, but we will focus on DFS for the moment.
It is very important to recognize why you are playing and there are very different approaches to playing DFS based on them.
There are many fantasy platforms in the market, but if you want to keep it simple, start with the big four most beginners use:
All four offer:
Each has its own contest lobby layout and scoring format, but the basic ideas are the same everywhere. You create an account, choose a contest, draft a lineup under a salary cap, and watch the scores update while the games are played. Simply put, it is Draft, Score and Win.
While each site has its own names for contests, most of them fall into a few simple categories.
About half of the entries win, usually doubling your entry fee. These are great for getting some excitement during the games without as much risk. You will win more often on these, but you also won’t win a lot. A must way to start.
You face one opponent. It is you versus one other lineup. We don’t ever recommend these type of contests. The opponent is almost always a very skilled player and even if you win the first time which may be their intent, you will lose until you get much better. Stay away from these types of contests.
Commonly called GPPs, these pay out to a smaller percentage of top scores but with much larger prizes at the top. I call them “tournaments” as that is what they are called in every other kind of hobby or sport that is a game of skill. The GPP term was invented by one of these operators and it stuck.
These are fun, but they are very difficult to win as many participants will enter the maximum number of lineups. This is truly a lottery ticket. Stay away from these kinds of contests unless it is your goal to take lottery ticket type shots at winning a “boat load” of money.
These are your best type of contests once you get some practice in with cash games. Everyone is allowed only one lineup. This means that there may be experts in your contest but they will only have one lineup.
When in doubt at the start, lean toward 50/50s, single-entry contests, and low-entry fees. You want to learn without pressure. Also, you will likely lose money at first until you find the rhythm of how to play and how much effort to put into it.
Exact scoring systems vary by platform, and you should always read the rules inside the contest lobby before entering, but the basics are similar everywhere. You can read reviews on each platform so you can get some pointers on where you can get advantages and things to avoid. The point here is to make sure you review the scoring system closely and determine the advantages within the slate for those scoring rules.
For instance, on DraftKings, hitters receive five points for a stolen base. So, I like to review stolen base percentages for opposing teams of players who steal a lot of bases. They become very valuable and it is an easy and fun research part of playing this game.
The least exciting topic is the most important one. Bankroll management is how you decide how much to play and where you play it. I started playing a very long time ago and wasn’t doing any money management at all. In the last handful of years, it has been necessary as the quality of the competition is better.
Set a budget up front. Decide what you are comfortable losing in a month as entertainment cost, then play within that. Avoid chasing losses emotionally. It is normal to have bad nights, even with smart lineups, because baseball has variance.
A simple beginner approach is:
It is important to note that there is a different strategy for tournaments than for 50/50s and you should play differently to win both.
Here are some things that can lead you to lose a lot of money and have to stop playing DFS. Most new players run into the same issues. Identifying those will help you adjust so you can keep playing and having fun.
Large tournaments are exciting but full of experienced players who will enter 150 times which is the maximum allowed by most laws. Know that playing multi-entry tournaments is a lottery ticket only. A big win is possible, but consistent losses are more likely without playing multiple entries as well.
A batter who is not starting or a scratched pitcher scores zero. Always check confirmed lineups as close to first pitch when possible. Lineups come out three hours before the scheduled start time so you can look then. Occasionally a starter will pull something or not be ready anytime up to 30 min before the game so check your pitchers then. The platforms are great about giving you indicators and some have alerts to help you.
Chasing stats is a bad idea. A hitter has a three home run game, look at why. Was he facing the right type of pitcher in the right ballpark? Hitters do fall into streaks and you should not ignore that but there are many indicators on any given night that need to be looked at to be successful.
Daily fantasy baseball is meant to be fun. Treat it like a night out, not a financial strategy. It makes the games more fun to watch. If you ever feel pressure, stress, or the need to play a larger entry fee level to “win it back,” stop and take a break for a week or more to make sure it is fun again. All four platforms offer responsible gaming tools like deposit limits and time reminders. Use them to help you.
Daily fantasy baseball is so much fun and I play every Tuesday and Friday as those are full-slate days. I play on four platforms: DraftKings, FanDuel, Yahoo, and RTSports. Each gives you something different and after I look at the matchups, I decide which platforms to play on. For the most part, I focus on DraftKings to play for money and RTSports.com to play for fun. I mix in the others when I am doing both or there is a player or two who is priced at a great value.
Start small. Focus on learning how contests work. Build lineups around solid pitching first and strong offensive teams in good ballparks vs. the opposite handed pitcher. Pay attention to news and lineups. Most of all, enjoy the games more all season long.
What is daily fantasy baseball?
A game where you pick MLB players for a single day’s games and score points based on real stats.
Is daily fantasy baseball hard for beginners?
There is a learning curve but simple strategies can help beginners compete.
How much money do you need to start playing DFS?
Many platforms offer contests for a few dollars or even free beginner contests.
Do you need baseball knowledge to win at DFS?
Basic baseball knowledge helps and learning stats over time improves results.
What is stacking in daily fantasy baseball?
Using multiple hitters from the same team to benefit when that team scores a lot of runs.
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