What is the purpose of DFS? To have fun and make some money. Period. End of Story.
Now the question we are all trying to answer, how do we do that? Here at DFS Army, we focus not just on providing player picks but slate strategies and bankroll management. Read our bankroll management Ladder System articles to learn more about what my bankroll management challenge will be based on. DFS Army Ladder System | Ladder System 2.0
The $5K Challenge
Starting September 15, 2020, I will be starting with $5,000 in my account with the goal of doubling up and making $5,000 in profit. This is going to be a grind, it’s not a get rich quick scheme, and I hope you come along for the ride with me.
I prefer niche sports, as you can see in my outline below. The important thing here is a plan and discipline. I would encourage anyone looking to take DFS seriously, to come up with your own set of rules to fit your sport interests. One last thing, I primarily play on DraftKings so that’s what I will be using here, but the same system can be used on FanDuel.
Here is a list of the sports / slates I will attack and the percentage of bankroll I will dedicate to each. Discipline will be key and these are the only contests I will be playing, I’m not doing anything else on the side.
- MMA – 10%
- NASCAR (Cup Series) – 10%
- Soccer (4+ Game Slates) – 10%
- NFL (Main Slate) – 7.5%
- NFL (Early Slate) – 2.5%
- NFL (Tiers) – 2.5%
- Golf – 2.5%
- NASCAR (XFINITY & Truck Series) – 2.5%
- Soccer (2-3 Game Slates) – 2.5%
- Tennis (Majors Only) – 2.5%
- Esports (LOL) – 1.5%
- NFL Showdown – 1.5%
Now, following along with the Ladder System, here is how I will break up the above per slate:
- Head-to-Heads – 40%
- Double Ups – 20%
- 3 & 5 Mans – 20%
- 10 Mans & Quints – 10%
- Small GPPs – 5%
- Large GPPs & Satellites – 5%
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Now for the fun stuff, playing and tracking. Approximately twice a week I will post my results and discuss some of the lineup construction that went into the slates. Here we go!
—Edit for this Week—
I played a lot of slates this week and I’m not so sure that rehashing each one is the best way to go. I’m going to post my overall results for the week below and the current tracker. After that, I will highlight a couple of the slates and my general thoughts.
September 28 – October 5 Slates:
Okay, as you can see we had some pretty swings this week. And started off pretty poorly with a run of five of six losing slates. Saturday was the bounce back though as Talladega proved to be a big money maker. I made a pretty bad mistake in MMA and pretty much spent the rest of the week catching up to it.
Rather then going over each slate I want to briefly point out that overall I put around $2,500 in play and lost $50 total. That’s what I love about the ladder system, I can play and play and play…and even on a subpar week, I don’t lose that much. We will get some more consistency I’m sure but I’m interested to see in how we are faring per sport so far.
Bankroll Challenge – Current Per Sport Tracker
What interests me here is mostly that when I get back into form in MMA (which I’m confident I will), we are doing pretty solid overall. NFL Tiers hasn’t been my friend nor has NASCAR Xfinity, but those have a limited sample size so far. It’s the more frequent sports like ESports and Tennis where we have grinded out a small profit that I’m happy with how this system is working. Something to keep an eye on moving forward are those down spots because I’ll have no problem not playing those slates anymore if they turn out not to be profitable in the long run.
That’s all for this week, I’ll be back again later this week when so many slates haven’t piled up on me and go back to more of a slate by slate breakdown.
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