When I shadowed daily fantasy sports star Jonathan Bales recently to write about a day in his life, he suggested offhand that we match up for a head-to-head DFS game on DraftKings.
I accepted, thinking I'd definitely lose thanks to my less-than-rudimentary understanding of how fantasy sports even worked at that point. But I was shocked when, after the Sunday games were over, I had beat Bales 151.88-113.30 in our head-to-head matchup.
How did I do it? First of all, I got lucky, and luck plays a large role in the game, even if regulators have determined that it is primarily a skill-based game and therefore not gambling.
Second, I had some help — specifically from the guy I was going head-to-head with. Bales, who runs the DFS statistics platform Fantasy Labs, tweaked my lineup beforehand to clear up some errors that would have been no-brainers to any experienced DFS player: Three or four of my originally selected players didn't even end up playing that week! He also shared some tips for beginners getting into DFS.
Bales profits in the six figures on daily fantasy football and baseball, but about 70% of players lose money.
On DraftKings, fantasy players receive a fake budget of $50,000 every week to draft their team. Each football player is assigned a dollar value — the most valuable one right now is Tom Brady at $8,500 — and fantasy players must "buy" a quarterback, running back, and so on while coming in under budget. The key is to select not only the best players, but also the ones who might do well and aren't showing up on every other fantasy player's lineup. Players can enter tournaments or go head-to-head against other fantasy players. They can play without wagering any money, or they can bet on each lineup tournament or contest they enter.
Bales tells me that his tweaks to my lineup were pretty basic stuff for any DFS player, but to an amateur like me, they were revelatory. Keep reading to see how Jonathan Bales took my fantasy lineup into the V column.