50/50 and Double Ups
50/50’s are a great way to build your bankroll. In these contests, the top 50% of entries win. The bottom 50% lose. If 100 people enter a 50/50, you just have to finish 50th or higher. It does not matter if you get 1st or 50th. You will usually receive 1.8 times your entry fee. So if you enter a $1 contest, you will win $1.80.
Double Ups are very similar. Here, it’s around the top 45% that win and double their money. Enter a $1 contest, win $2.
Head to Head
You play against 1 other person. Winner gets 1.8x the entry fee. Enter $1, get $1.80.
The goal in these games are to build the team with a very high “floor”. Meaning that even on their down games they are still producing points. You want a very consistent team. Finding the best value is key. We don’t care about how highly owned by other teams the players are. If we feel it’s the right play, the chalk (obvious play) is perfectly fine. If 70% of entrants have a chalk player with a great game, you need that player.
It’s good to play a mix of 50/50’s and Head to Heads. Playing all 50/50s can be risky, since if you finish 56th out of 100, you lose in all 50/50s you entered. With H2Hs, if your opponent has a weak game, you still win. Play a bunch of $1 and $2 Head to Heads instead of one $20 matchup. This minimizes your risk.
Triple Ups, Quintuple Ups, etc…
This is where the top ⅓, top ⅕, and so on, win. You are winning 3x and 5x your entry fee. These have more risk, and more reward, than 50/50s. More upside from your team is needed. We need to adjust our rosters accordingly.
Guaranteed Prize Pool (GPPs)
You PLAY to WIN the GAME! This is the reason most people start playing DFS. We see the commercials of people winning millions of dollars and we get after it! Depending on size and entry fee, tournament winners receive anywhere from $50, to $5,000,000. Typically, the top 20% of entries get paid. With prizes growing from the 20% spot, up to 1st place. These games have a lot more risk, so we’re looking to maximize our “ceiling”. We want as much upside and fantasy goodness as possible.
Qualifiers / Satellites
These work very much like GPPs, but instead of getting paid, you win a ticket into a higher entry fee tournament. These have the risk of GPPs, but can get players with smaller bankrolls into larger tourneys with bigger prize pools.
These are free to play contests. They are a great way for beginners to practice and learn the game. Also, it actually pays out money or tickets! A very small amount of entries win. But it’s free!