How To Win Money Betting On The Masters
Draftkings this year began offering fantasy sports betting on golf. For those who haven’t done much fantasy sports betting or played on Draftkings: The site constantly has overlays and is almost certain to have one in the 300k guaranteed prize pool Spring Golf Classic, where $100,000 will go to the winner. That means a great money making opportunity for anyone who enters this tournament.
Entering this tournament may seem daunting for someone who has never played daily fantasy or doesn’t watch golf, but winning strategies in DFS golf are actually quite simple, and I will use this article to guide you to a winning lineup.
If you’re interested in entering the DraftKings $300,000 Masters tournament, click this link to sign up now!
How to make a lineup is quite simple. Each player is assigned a dollar value based on how well Draftkings expects him to do at The Masters. You are allocated $50,000 dollars to spend on 6 players. Players have salaries that range from $11,000 all the way to $4000.
The tournament is similar to that of a poker tournament. You pay a fee to enter, that money goes into the prize pool, and that prize pool is allocated to the top 10-20% of entrants, in this case first gets 1/3rd of the entire prize pool.
Scoring is a little more complex. It is explained in detail here.
2. Using Vegas Odds to Determine The Best Picks
Max did a fantastic job outlining this method of picking players in this article. It’s quite ingenious, and I’d strongly recommend using odds to determine your team.
3. Taking Advantage of Scoring Methods
For the most part, you want to focus on which players are going to do the best from a points per dollar standpoint, and most of that is going to have to do with using Vegas Odds. But the scoring system also rewards certain type of play, mostly players who get a lot of birdies, eagles, and bogeys, rather than consistent pars.
Let’s do a simple thought experiment to demonstrate. Let’s say two players shoot -2 the first round. The first player does it with 8 birdies, an eagle, 3 bogeys, 4 pars, a double bogey, and a triple bogey. The other player has 3 birdies, a bogey, and 14 pars. Let’s compare the scores of each player.
First player: (3*8)+(1*8)+(4*.5)+(3*(-.5)+(2*(-1))= 30.5 pts
Second Player: (3*3)+(-.5)+(14*.5) = 15.5 pts
As you can see, scoring significantly favors players who score more birdies and eagles.
So how do we know who these players are? Luckily, the PGA keeps track of these statistics, with the most useful one being Birdie Or Better Percentage.
As you can see, Dustin Johnson holds a significant lead with 28.57% of the time getting birdie or better. But it’s useful to look at 2012 and 2013 statistics as well, as there haven’t been many tournaments this year and they do not have all the top players in just 2014. In 2013, Mickelson led with 23.86% of holes birdie or better.
You also get bonus points based on one place you’re player gets. First is an extra 30 points, which can be huge. But for the most part you get points for a player placing well, so getting a bunch of good players, rather than a 1 or 2 great players and some mediocore ones, is not going to make you much worse off.
4. Making The Cut
The most important thing you want to do when making a lineup is have players who are all good enough to make the cut. Making the cut means a player will play 36 more holes. Let’s assume an average round for a player making the cut is 10 points. That means by having a player miss the cut, you miss out on 20 points. That ends up being huge. You absolutely cannot have a player miss the cut if you want to win this tournament, so make sure when you take a low salary player that he isn’t a big risk to miss the cut.
That’s really all there is to it. With such a large overlay expected, I hope you choose to take the risk and sign up, as it is really going to be worth the reward. Good Luck!View all posts by Daniel Steinberg