I do ok with it in the smaller tournaments..
From what I have read the big money almost always goes to the pros with giant bankrolls and auto draft software that will randomly select their teams
Sure enough....This study
from the Sports Business Journal found that the top 1.3 percent of fantasy players were responsible for 40% of entry fees (fees that averaged over $9K+) and reaped 91% of all the profits.
some excerpts from the Singer and Miller study:
"....the skill element of daily fantasy is so high that DFS pros will wipe out recreational players in short order. For a real-money contest to achieve sustained popularity, it needs the right balance of skill versus luck. Chess is popular but almost no one plays it for money, because it?s far too skill-based; the better player wins almost every time. Poker thrives because an amateur can beat the best players in the world.
Inefficient pricing
Sports betting has thrived despite a large skill gap between the average sports fan and the sharp bettor. The reason is that the lines are set by a large, liquid market. You can walk up to a betting window in Las Vegas, select a team at random and still win almost 50 percent of the time. Betting randomly, you will lose money over time, but your average loss will be only slightly over the 4.5 percent vigorish.
When you create a DFS lineup, you get a fixed salary cap and buy players at prices set by the site. Trout might cost you $5,500 out of your $50,000 cap, while Granderson might cost just $3,500. But these prices don?t reflect player values perfectly. For example, on some sites, they do not take into account the opposing starting pitcher or game-day lineup changes. Finding underpriced players among 800 active MLB options can be overwhelming to the novice, but sharks use sophisticated models to optimize their lineups.
No protection for novices
In poker, there is a large skill gap between the best players and the typical, recreational player. But fortunately for the recreational player, the best players won?t be found at their tables. The sharks focus their energies on the tables with $5,000 buy-ins and higher. You can sit at a $50 buy-in table and be safely insulated from the best of the best, because it?s not worth their time to try to take your money.
In DFS, the top players can enter every contest. One player, maxdalury on DraftKings, every day enters nearly every MLB contest on the site, from the $10,600 buy-in contests to the $1 buy-in tournaments. Indeed, sharp players often enter each small buy-in tournament dozens or even hundreds of times. The novice player is like Neo in ?The Matrix Reloaded,? fighting hundreds of Agent Smiths simultaneously."
