So if you are new to DFS I’m sure the lobby on Draftkings can be kind of confusing.
We are playing fantasy sports right?
You may be wondering what all these tabs mean, and I’m more than willing to bet that most people (especially if you’re new) simply ignore the tab that reads “Qualifiers”.
This is a big mistake for a lot of reasons and I’ll tell you why.
First, if you don’t know what a Qualifier is, it’s simply a game that gets you into another game if you win. Sometimes qualifiers are referred to as satellites but they actually are the exact same thing.
Satellites were more of a poker term, and since DFS and poker have so many similarities, qualifiers were referred to as satellites at first.
But now most sites (including DK) just call them qualifiers or Q’s for short.
The biggest satellite success story to date is the reason poker blew up the way it did in 2002. Chris MoneyMaker played an online poker tournament for $44 and the winner won a seat to the $10,000 main event. MoneyMaker won the satellite and then won the main event and inevitably turned $44 into $2.2 million.
So have you ever seen those big tournaments that cost $300 to play in?
If you really want a chance to get into those tournaments but $300 is out of your price range, try a Q!
A great example is a 100 man $3 qualifier where the winner gets a ticket to any $300 game. So if you win you basically got into a $300 tournament for just three bucks.
The best part about the Q’s is they start at 25 cents.
Shockingly of all the games, Q’s are the ones that get looked over the most, and they typically have quite a bit of overlay at times. You can make five teams and enter all of them in the quarter Q’s for just a $1.25.
If you play for tickets and you end up cashing, your ROI is through the roof considering you paid a minimum price by playing the Q to get into the tournament.
So even if you hit the minimum cash amount, it’s almost all profit.
Everyone loves examples…
Here is a better example. Let’s say you play five teams in a $2 Q where the winner gets a $100 ticket.
If one of your teams wins the ticket you basically just got $100 for the price of $10.
Now let’s say you barley make the money with that ticket and end up cashing for $160.
While this would be a 60% ROI if you paid the $100 to get in, it’s now a 1500% ROI because you profited 15 times what you bought in for.
If you really want to dream about making it big in DFS, this is where you have to start.
You need to grind these Q’s out and be patient!
If you really think that your game is good enough, you will eventually win some of the Q’s offered every day. There are so many of them and remember, if you are only spending $1 to win a $27 ticket, then you just need to win one time out of $27 to make it worth your while.
So I only have one question.
Who’s going to be the next Chris MoneyMaker of DFS?