1. How Do You Get Paid Out On Draftkings
2. How Do You Get Paid On Draftkings Cheat
3. How Do You Get Paid On Draftkings Expert

You need to finish in first or second place to win. If two of the team owners get lucky and score more points than you, you’ll lose. By contrast, suppose you join a double-up that involves 100 team owners. Although you need to beat 50 of them to cash, you’ll face less variance. The greater number of entrants smooths the scoring curve.

Now that you’ve learned How To Win On FanDuel, let’s turn our attention to a new (ish) daily gaming start-up based in Boston, DraftKings.com. DraftKings is relatively new to the daily fantasy sports scene, but they’ve made a lot of headway since they started the site less than a year ago and have some of the best contests and promotions out there. I actually had the pleasure of meeting with DraftKings’ founders last spring and was impressed how in-tune they were with the mind of a daily fantasy sports gamer (but more on that below).

For instance, DraftKings may collect 10% from users who pay for league buy-ins. So for every $1 paid by a user, the company takes 10 cents as its own share. The remaining 90 cents from each user. Steps to Retrieve Your DraftKings 1099 Forms. The first thing you will want to do is head on over to DraftKings.com and log-in to your account. Once you are logged in, click on your name in the top right and go to “My Account” from the drop-down box. Once on this page, you see a variety of account-related items. The more you play, the more funds you’ll earn up to $1,000. Check back here to track how much you’ve earned. Here are five things you need to know about DraftKings as it begins. Revenue from daily fantasy sports is the difference between the entry fees collected and the amounts paid out in prizes.

We covered a lot of “how to win at daily fantasy sports” basics in the “How to Win On FanDuel” piece, so make sure don’t purge your memory of those lessons – they’re still very valid on almost any daily fantasy sports site. Now that you’ve got those tips etched into your memory banks, let’s take a deeper dive into some more tenants of daily fantasy sports that include some site-specific tips on how to win on DraftKings.

Know Your Scoring:

Much like season-long fantasy sports leagues, daily fantasy sports sites have different types of scoring that others. If you play on various daily fantasy sports sites, you’ll quickly come to realize that the same player might give you a very different score depending on the site you’re playing on. If you’re playing daily football, some sites give a point for a reception, and some don’t. If you’re playing daily baseball, some sites give more importance to pitchers than other. I mentioned earlier that I had the pleasure of meeting the owners of DraftKings. I didn’t mention that to name-drop, however. I was trying to illustrate a point.

One of the first things one of the owners told me is that they wanted to differentiate themselves from other daily fantasy sites (in terms of baseball) by placing more importance on hitters. Whether you win or lose at baseball on some daily fantasy sites largely depends on which pitcher you choose. On DraftKings, however, you are rewarded for choosing the days best hitters. The lesson here is that on any daily fantasy site (and in this case DraftKings), it’s incredibly important to know how players are scored. Take a few minutes to read the scoring system on any daily fantasy site you play on, and I promise that you’ll be rewarded handsomely.

Watch the schedule:

Another key to winning on DraftKings (and really any daily fantasy site) is playing on the right days. In baseball, Mondays and Thursdays are typically light on games played. In basketball, Tuesdays and Thursdays are usually the days on which less games are played. Why does this matter for this article? Well, on days where there are less games, doing more research on players doesn’t matter as much because there’s a smaller pool of players to choose from. If there are only two games played on a day, you and your opponent are very likely to have a lot of the same players and your matchup might be decided by one or two players you choose.

I’d highly advocate avoiding temptation to play every day and solely focus on the days where there are more games. This will increase your chance of differentiating your lineup from your opponent and give you a better chance to choose the right players through your research.

Value Plays:

Most “newbies” on DraftKings will try to stock their lineup with as many good players as possible (and there’s nothing wrong with that), but the more experienced players will quickly learn to find the best bargain-basement plays so that they can save some salary cap for the right stars. For instance, if you find out that a reserve shortstop who mashes lefties is getting a start against a lefty starter, you might want to give that player a shot at a cheap salary so that you can save the rest of your money to fill your roster with the high salary players that you want.

This strategy is very similar to the “stars and scrubs” strategy that a lot of expert gamers use in season-long auction leagues, and it is also a strategy that will pay dividends for you on daily fantasy sites.

I hope you’ve come out of this article feeling armed with some good techniques on how to win on daily fantasy sites and on DraftKings in particular. If you keep following these rules (along with the ones I wrote for How To Win On FanDuel), you’ll be well on your way to increasing your bankroll each and every night that you play. Good luck!

Written exclusively for BetVega.com by Nick Raducanu. Nick is the mystery man behind the TraderX persona at www.FantasyTrade411.com and you can also follow him and ask him for advice on Twitter: @FantasyTrade411

DraftKings continues to be one of the hottest daily fantasy sites. Even though it’s slightly smaller in overall size than FanDuel, it’s the site of choice for tens of thousands of fantasy sports fans.

Having said that, it doesn’t matter how popular DraftKings is if you’re unable to win. Whether you’re playing fantasy football, baseball, soccer or golf, it’s the chance to win cash prizes that keeps you playing.

How do you win over the long run? It’s a matter of doing solid research, knowing how to draft good talent, watching your competitors’ lineups and managing your bankroll. It’s more complex than it sounds. Entire books can be written on each of those steps.

For example, bankroll management entails more than just knowing how much money you have in play. It also takes into account how to get through losing streaks, splitting your roll between low-stakes and high-stakes contests, and, of course, paying taxes on your winnings.

I’ll boil down the most important points in this two-part series.

Updated for 2019-2020 NFL season

A Crash course on Winning at DraftKings

The current landing page at DraftKings. Cannot help but notice that you’ll get a free entry with your first deposit!

Since NFL is the hottest fantasy sport by far, I’ll use examples from football. But don’t let that throw you. The 10 points we’ll cover below and in an upcoming post apply whether you’re playing daily fantasy baseball, golf, hockey, basketball or any other sport.

Let’s get on with the first key…

1. Adjust Your Draft Strategy By Contest Format – Cash Game or Tourney

That advice might seem trite. But contest format plays a huge role in how you draft talent. Your priorities will change with the size of the contest and its payout structure.

We’ve talked about this in the past, mostly as it pertains to guaranteed prize pool (GPP) tournaments and 50/50s (cash games). Here’s the gist:

How Do You Get Paid Out On Draftkings

Cash game line-up’s vs GPP Tourney line-ups.

If you’re playing in a large-field tournament, the payout structure is going to be top-heavy. Approximately 10-15% of the field will end up in a cash position, and most of the money will go to the top 10 players. That being the case, you need to take risks to land in a cash position. You need to draft guys who might have a breakout night.

If you’re playing in a 50/50, the payout structure will be flatter. Half of the entrants get paid, and everyone gets paid the same amount. You don’t need to take as many risks because you’re not trying to land in the top 10 of the field. You just need to end up in the 50th percentile.

Here’s one way to think about the draft – the flatter the payout structure, the more guaranteed points you want to log. That includes 50/50s and head-to-heads. The more top-heavy the payout structure, the more breakout performances you need if you hope to cash.

2. Tread Carefully When Drafting Sleepers

Everyone dreams of picking a sleeper who breaks out and has a huge night. The team owner not only cashes, but ends up looking like a fantasy sports master. When it works, it almost seems like magic.

The problem is, most fantasy players find that picking sleepers rarely works to their advantages. They pick speculative talent, hoping for a miracle. But when the dust clears, they find their sleepers still sleeping.

It’s not that picking sleepers is a bad fantasy play. It can work stupendously well if you know what you’re doing.

That’s the key: being selective.

Remember, a low salary doesn’t imply hidden talent. More often than not, it means the player isn’t expected to turn in a major performance that week.

Drafting sleepers can be a great tactic in building a winning roster. But picking players who break out takes research and a fair amount of luck. It’s not just throwing darts at a board. Listen to the talking heads each week but remember that so are thousands of others. Find those guys who aren’t being talked about so much but who look like they might end up with quality playing time due to an injury or opponent or other myriad of factors.

3. Check The Latest Injury Report

This should go without saying. But every day, fantasy players at DraftKings clearly forget to check the injury report before constructing their lineups. When game time arrives, they’re stuck with players who end up missing their games.

For example, according to the latest NFL injury report (at the time of writing), the Falcons’ Jeremy Langford is out with an “undisclosed injury”. Is he going to make their first season game against the New York Jets? Who knows? He’s currently listed as “Questionable”. If he ends up missing training camp or some games, you don’t want him on your roster.

The same goes for Jaelon Acklin, wide receiver for the Baltimore Ravens. He’s also dealing with an undisclosed injury and may miss training camp and/or some games. Will he play that first week against the Jaguars? At this point, it’s anybody’s guess. His status is also listed as “Questionable”.

The point is that you should always check the most recent injury report to make sure your lineup is filled with guys who are going to show up. The last thing you want to do is waste your salary cap on players who will add zero points to your score and your chances to win.

4. Learn How To Work DraftKings’ Bonus Points

The scoring system at DraftKings includes a few bonus items that a lot of team owners neglect. If your players hit certain numbers, you’ll earn extra points!

Take a look at the DraftKings’ scoring system for weekly fantasy football. Hidden in the numbers is a 3-point bonus if your QB passes at least 300 yards. You’ll also receive a 3-point bump for logging at least 100 rushing yards. And you’ll receive another 3-point bump for logging 100+ receiving yards.

You want players who can turn in those numbers.

QB Bonus Points
In the QB slot, that means keeping an eye on Ben Roethlisberger, Patrick Mahomes and Matt Ryan for starters heading into the season. They were the head honchos for QBs last year, will they do it again?

Your receivers can bring you a lot of bonus points. You have 3 WR slots to fill at DraftKings, and each one can potentially earn you 3 points by receiving 100+ yards. Julio Jones, DeAndre Hopkins, Mike Evans and Tyreek Hill,lead the pack last season. Each one turned in an average of 100+ yards per game. Again with these gentlemen, will they be able to do it again?

The rushing bonus at DraftKings is tougher to earn. There are two reasons. First, you only have two running back slots to fill at DraftKings. There isn’t as much opportunity in your roster as you have with your three receivers.

Second, there aren’t a lot of RBs who maintain an average of 100+ rushing yards per game (current group).

How Do You Get Paid On Draftkings Cheat

Bottom line: the bonus points at DraftKings can come in handy, especially when you’re trying to squeak past other team owners in a small league or 50/50. But don’t rely on them. They’re tough to earn.

5. Establish Your Bankroll Metrics

As I mentioned earlier, bankroll management in daily fantasy sports involves more than just keeping track of how much cash you have at risk. You need to start with a plan that gives you control over your daily and weekly spend. Then, you need to figure out how many bets you should have in play at one time.

The most reliable way to do that is to come up with a formula that reflects your results. As you win more contests, your optimal number of bets will change.

Here are a few guidelines I recommend if you’re just getting started in fantasy sports.

• First, limit your daily spend to 10% of your entire bankroll. If you deposit $200, don’t risk more than $20 in entry fees each day.
• Second, track your wins and losses. Make a note of the date, sport, contest format, field size, entry fee, and dollars won or lost. It doesn’t matter if you do this with a legal pad and pencil or on a spreadsheet. I prefer the latter since it allows me to sort the data. The most important thing is that you do it.
• Third, use a formula that takes your results into account to determine how much money you should risk each day (or week for fantasy football). There are several formulas you can use. A lot of veteran fantasy players use the Kelly criterion. We’ll discuss that method, as well as other bankroll management issues, in more detail in the near future.

Those are the basics when it comes to bankroll management. The key is to reach a point where you don’t have to think about how much to play. Your metrics will lay it all out for you.

More Awesome Reading Awaits!

How Do You Get Paid On Draftkings Expert

• DraftKings review.