DFS Bankroll Building Tips
If you’re not familiar with Justin, that’s fine, here are just a few of his big wins in the past month or so. He does very well in seemingly all sports so I’m happy to share his thoughts on building a bankroll with you all today.
Know What Your Bankroll Is
The first step in building your bankroll is to figure out what it is. It’s not just the money you have on DraftKings or FanDuel, but the amount you’re willing to risk at daily fantasy. Once you know your bankroll, you can play a percentage of it each day, which is crucial for managing your risk.
Play the Same Percentage Each Day
Playing the same percentage of your bankroll each day helps you to avoid tilt and make sound decisions. It also tells you exactly when to move up or down in stakes. If your bankroll grows, you’ll be betting more, and if it shrinks, you’ll be risking less. By using a small portion of your bankroll, you can also separate your emotions from your decisions.
tick to a Process
One of the biggest mistakes DFS players make is changing their process too often. Instead, pick a strategy that works for you and stick to it. Test it in rewind over several slates and repeat it every day. Most strategies will have winning days and losing days, but consistency is key. Avoid changing your process on a whim or because of a few losing days. If you do decide to adjust your process, test it in rewind first.
Use Crowns to Take Small Shots
Crowns can be a valuable asset in DFS, especially when used wisely. Save them up and use them to take small shots at the next buy-in level. For example, if you typically play a $0.25 20-max, use your crowns to max out a $1 20-max instead. It’ll cost you 11,000 crowns, but it’s a much better shot than a high stakes contest. Plus, it’s closer to the contest you’re used to playing, and it’ll take less time to save up the crowns. This strategy can be used for any contest, just figure out the amount of crowns you need for the next buy-in up from what you’re currently playing.
Check your ego at the door
If your bankroll is less than $500, don’t overlook the dime contests. These low buy-in contests can be easy money, and there’s no reason to let your ego get in the way of building your bankroll. Give them a shot and see if you can turn a small investment into a big payoff.
In conclusion, building your bankroll in DFS takes time, discipline, and a solid strategy. By knowing your bankroll, playing the same percentage each day, sticking to a process, using crowns wisely, and taking advantage of low buy-in contests, you can increase your chances of success. Good luck and happy grinding!