DFF Beginners’ Camp: Bankroll Management

Daily Fantasy Football Beginners’ Camp: Bankroll Management

A bankroll is quite simply the money which you use to play. You should always use only a fraction of your actual playing money on any specific game day. If you have 50 Euros in your account, then you should not of course put everything on one card and play just one expensive tournament. Although you’ll be a big hero if you win, it’s far more likely that you’ll just go bankrupt and have no more money with which to play. The risk of losing everything is too big.

Even if you pick the ideal team, a bit of bad luck is all it takes to throw a major spanner in the works. For example, your captain may get injured in the first minute of the game, or a game may be cancelled at the last second due to a bomb threat. That’s part of what makes Daily Fantasy Football so exciting, just like in a real soccer game, anything can happen. How can you use your bankroll most effectively? This is where bankroll management comes into play.

What is bankroll management?

Bankroll management is used primarily to protect your bankroll from being totally lost. Risk management is the keyword here. On the one hand you do not want to risk too much. On the other hand, it makes no sense to be frightened of playing games which cost more than a few cents when you have 1000 Euros in your game account. While this does indeed mean that it is almost impossible to lose everything, it also means that you will not really win much.

Good bankroll management means finding the sweet spot between too much and too little risk. To find the exact balance here, you also need to account for another important factor.

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Your win-rate

Here is a simple example, you are Mr Lucky and win every tournament you enter. Bankroll management is not important for you, because you always win, so you can never go broke. By contrast, there is Mr Unlucky who always comes last in every tournament. He doesn’t need to worry about bankroll management either, because no matter how much bankroll he may have, in the end his money will just disappear in buy-ins.

Your goal, therefore, is to become as good a player as possible with an ever-improving win-rate and to increase your bankroll steadily and with little risk. Good players can thereby proceed more aggressively as they are likely to produce better results than poorer players.

As a beginner, it is important to start by gaining experience and improving your strategies. Risk prevention is therefore the key to a successful start in Daily Fantasy Football.

Some tips for bankroll management

• Play freerolls to gain experience
• Use bonus and promotions to get free starting capital
• Never use more than 10% -20% of your bankroll on any specific game day
• Smaller tournaments are less risky than big tournaments, 50-50 tournaments (double or nothing) in particular are especially suitable for beginners
• The higher the buy-in, the better the players in the tournament will be and the less your chances of success, meaning your win-rate will be lower

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