Earlier this month, I went to the MIT Sloan Sports Analytics Conference in Boston, Massachusetts. This was my second time going to the conference, and Day 1 of this yearís conference was a lot like what I experienced when I last went in 2014: lots of research talks on interesting subjects like algorithms to diagnose NBA play calls, myths about 3-pointers, or how the NBA uses analytics to set team schedules. Also, I got to see a cool interview of NBA commissioner Adam Silver by famous stats guy Nate Silver, which brought about fun tidbits like this one:
But for a veteran NBA fantasy guy who now gives NBA DFS advice every day
, the main action on that front happened on Day 2 of the Conference
That was when I attended a panel entitled Daily Fantasy Strategies
, which was presented by DraftKings.
The panel was full of interesting characters with their own histories in DFS. If youíre interested in reading more about them, be sure to follow that last link. But in the meantime, letís get to some of my takeaways that Iíve already started incorporating more into my DFS advice articles.
1. Know what type of DFS player you are
2. DFS tournaments are the type of game with the most opportunity for strategizing
3. In DFS tournaments, high-variance players and situations allow the most opportunity for success
4. Donít take DFS personally, and itís often better to swing hard and miss hard than to play it safe, especially in tournaments
5. Pay attention to the second-level trends, such as stylistic match-ups and teammate correlations
I threw those down as a list, but letís flesh them out a bit. There are different types of DFS games out there, such as 50/50s were roughly half of the entrants win a small amount; leagues with friends where the winner comes out of a small pool; or tournaments with a low entry, a low percentage of winners, but potentially huge upside for those that do place highly as the most common three. Each game takes a particular type of skill set and interest to thrive, so it behooves you to decide which type of game you like best/are best at and then concentrating there. Iím solid at all three, but I prefer to play in tournaments.
As mentioned, tournaments offer the most opportunity for strategizing. Thatís because they usually have giant entry pools, which means that there is a wide range of expected outcomes. But since most of the possible team outcomes will be represented, in order to win a tournament you have to hit a home run with your picks on a given day. Thus, just like the home-run swing means that youíll miss a lot, likewise playing to win in tournaments generally requires risky strategy. Thatís where the high-variance player comes in.
A good example can be found on Monday, when Wesley Matthews
and Kentavious Caldwell-Pope
are both playing. Matthews has been extremely low-variance of late, averaging 22.1 fantasy points in the FanDuel system with a min of 19.6 and a max of 25.5 over his last seven healthy games. Thus, his expected value in the low-20s is pretty well supported for Monday. KCP, on the other hand, has seven games in the teens of fantasy points scored out of his last 10 games. But when he hits, he hits big. He has a 37.6-fantasy-point effort in the last couple of weeks, and multiple instances of 40 to 50 fantasy points scored on the season. The safe play would be Matthews, as you pretty much know what youíre going to get from him. But you also know that those low-20s of fantasy points arenít really enough to help you win a tournament. If you slot KCP in, odds are that you may come up short. But if itís a good night for him, he just might push you up the tournament standings by himself. For DFS tournaments, often itís better to swing for the fences than it is to go for the safe single.
In my DFS articles, there is a subset of information that is essentially a given as a first-pass: fantasy scoring average, median, min, max and variance over a recent subset of games (often 10 games). This group of stats gives a quick feel for what level a player is on at a given time, with a sense of whether their production is consistent or high-variance. I complement those player stats with an evaluation of the opposing defense, usually a position points allowed examination over either the season, the last 10- or the last five games. Put those two together, and itís enough to give basic odds on a given match-up.
As a second pass, though, I also like to go further in depth. Especially at this time of year, most players have already played their opponents at least once this season, if not more. And if those games are recent, it can give a good idea how a player matches up with a given team. Also, some sets of teammates tend to either synergize or antagonize each other in a given game. For example, if Ricky Rubio
has a great game, itís almost a given that Karl-Anthony Towns
had one as well. On the other hand, if Kevin Durant
(when healthy) went nuts it was unlikely that Stephen Curry
did as well. Point guards often synergize with scorers that act as finishers, but two score-first creators hardly ever blow up together. Itís just the nature of the game, and the kind of thing to keep in mind when putting teams together.
All in all, these types of things arenít cutting edge strategy. I was already doing most of them before going to Sloan. But, itís always good to consciously put strategy ideas into words, especially if it helps codify your approach to the game. Two other things pointed out at the conference were: 1) no matter what your model or analysis style, itís really hard to be good at DFS if you donít play every day because we still get so much unconscious information just by being immersed in the game; 2) the prep of articles and models helps a lot, but in the last hour or so before a DFS game tips thereís almost always information on player availability and injury that changes the equation. And itís the people who are able to take in that info and make the best snap decisions about what the new information means that generally do the best in DFS games.
So by all means, analyze your numbers, read my articles and even use your models to come up with a general template of good players on a given day. But ultimately, the success of your DFS teams will come down to how often youíre playing, and how good you are at putting all the info into a team that makes sense for you. So with that said, best of luck in the last weeks of the season, and remember that DFS continues almost all the way through the playoffs so we still have months of NBA DFS still to go.
Around the NBA
: DeMarcus Cousins
sat out on Sunday with a sprained ankle. The injury isnít considered overly serious, though with the Pelicans trying to make a late-season push for the last playoff spot out West, it had to be somewhat serious for him to sit. Keep an eye out for information on when heíll return, as his first opportunity comes on Monday against the Jazz.
: Marc Gasol
has a left foot strain, and the team hasnít said much about the severity of the injury. Zach Randolph
replaced Gasol in the starting lineup and presumably will continue to do so until his return. The Grizzlies play against the lowly Kings on Monday, so my own personal (completely unverified) opinion is that Gasol will sit on Monday as well. But watch for updates on his status.
: LeBron James
suffered a scratched cornea on Friday, and on Saturday started the game off wearing protective goggles. That didnít last long, though, before LeBron tired of them and took them off. He played the majority of the game without them, and performed at his usual level. This doesnít seem to be an issue moving forward, but keep an eye on the situation just in case. The Cavaliers are in a battle with the Celtics for home court advantage in the East, so LeBron likely plays as much as he physically can down the stretch.
: Gordon Hayward
suffered a bruised thigh on Saturday, but X-Rays were negative. He is listed as questionable to play on Monday, but this doesnít sound like a serious issue moving forward.
: Carmelo Anthony
has sat out the last two games with left knee soreness. Another completely unverified opinion of mine, but I donít see any reason for Melo to play another minute for the Knicks this season. The team is headed for the lottery, Melo is in his 30s, heís had knee issues the last few years, and the Knicks really want to see what they have in Kristaps Porzingis
anyway. I feel like Melo should and likely will be shut down soon, but the team hasnít said anything like that, so keep an eye out for his availability.
Durantís progress and future minutes restriction
: Kevin Durant
will be evaluated on Thursday, and we may learn about his potential timeline to return after that. The team still hopes to have him back playing by the end of the regular season, but itís been announced that when he returns heíll be on a minutes limit. His fantasy status for the regular season is obviously nil, but if he returns heíll have DFS value in the postseason so itís worth it to follow his progress.
New Additions and DFS value
Malcolm Brogdon, G (49% owned in Yahoo! leagues)
: Brogdon has averaged 12.3 points, 4.6 assists, 3.5 rebounds, 1.1 steals, 1.1 treys, shot 48% from the field and 100% (on very limited numbers) from the line in the last eight games. The numbers arenít sexy, but theyíre useful.
Willy Hernangomez, C (42% owned)
: Hernangomez has been one of the few bright spots for the Knicks of late, averaging 11.2 points, 10.3 rebounds, 1.1 steals and 0.7 blocks in only 23.7 minutes over his last nine games. Heís coming off a 24-and-13 effort against the Spurs on Saturday. If Iím right, and the Knicks do shut down Carmelo Anthony
soon, Hernangomez is one of the main likely recipients of added time and production.
Terrence Ross, GF (36% owned)
: Ross looked great in his first few games in a Magic uniform, then went through a multi-week drought where he didnít contribute much of anything. But he maintained his big minutes even through the cool period, and he seems to have re-found his groove in the last week. He has averaged 17.3 points, 3.7 rebounds, 3.3 treys, 1.7 assists, 1.3 steals and 0.7 blocks in his last three outings.
P.J. Tucker, GF (22% owned)
: Tucker seems to be reprising his role with the Suns of late, as the utility forward that puts up starting caliber garbageman minutes in solid minutes. In the last three games he has gotten 33 minutes or more in each, helped by injuries to DeMarre Carroll
and the suspension of Serge Ibaka
, and he has averaged 8.7 points with 9.3 rebounds, 2.3 assists, 2.0 steals and 2.0 treys in those outings.
Ish Smith, G (21% owned)
: Smith is still battling Reggie Jackson
for minutes, but at least for a short period Smith has/had taken over the starting point guard job. He didnít do much in his first couple of games as the starter, and he could lose the job again at any time, but a borderline starting point guard that has shown in the past that he could be productive is worth a roster spot in deeper leagues and/or nightly DFS consideration.
Keeping up with the Professor
The Hoops Lab is now a blog with daily content
, so check out/follow for the freshest NBA content every day. Follow me on Twitter @ProfessorDrz. Also, don't forget that you can catch me on the radio on Rotowire Fantasy Sports Today with Chris Liss and Jeff Erickson on XM 87, Sirius 210 on Tuesdays at 1:30 PM EST. Plus, Iím doing DFS articles just about every day, writing analytics pieces for Nylon Calculus on the Fansided Network, and I co-host the TYTSports basketball show on the weekends.