100 Fantasy Football Tips in 100 Days, 56: Daily Fantasy Rake and You
I just published my latest at 4for4 on the importance of rake reduction in daily fantasy football.
What’s a one percent difference?
I got my little brothers into fantasy football when they were quite young—think single-digits—because I wanted them to learn the value of being a degenerate at an early age. They were absolutely horrible in the beginning, mainly because seven-year olds suck at math. I still made them pay the full entry fee though. I counted that up for them.
I remember one time a league member jokingly sent an e-mail that he was dropping Terrell Owens for Diet Pepsi Machine (I ran the league through e-mail in those days). I received that at 8:00 pm. At 8:02 pm, my brothers e-mailed to say that they wanted to pick up T.O. and asked “Why would anyone drop Owens for a soda machine?” Those were fun days.
Anyway, I recently got them hooked on daily fantasy. They call me each Sunday to help them with their lineups, offering unsolicited advice that I actually once used, resulting in a $500 loss for the week. Brandon Pettigrew at the Niners!? They act like freakin’ kids sometimes.
One Sunday last year we were discussing where to play daily fantasy, and I was stressing the importance of minimizing the rake—the “fee” charged by the sites to play. I mentioned that it’s an important factor in where you play because it can really add up over the long run, and the eldest of the chipmunks (his name isn’t Alvin, but it could be) blurted out “What’s a one percent difference?”
Big mistake on his part, because he just got a lengthy lesson on rake reduction. And now you are about to as well. You have Alvin to thank. So with all due respect to the Wall Street protestors, this article is about the real one percent.
Check it out at 4for4.