Daily Fantasy Sports (DFS) Terminology
If you are new to daily fantasy sports, you have probably heard the term of 50/50. They are a great contest to start out with it.
What is a 50/50?
A 50/50 is a contest where 50% of the people win and 50% of the people lose, hence the name.
Your goal in a 50/50 contest is simply to finish in the top half of the field. If you are in a 100-person 50/50, your winnings will be the same whether you come in 1st or 50th. It is important to remember that when building your lineup. The best strategy is making safe picks and seeking out consistent players. You just need to be slightly above average.
50/50 vs Double-Ups
Double-ups are very similar to 50/50 with one key difference: less people cash, but those people cash for slightly more.
In a 50/50, you win $1.80 for every $1 you play and 50% of people win.
In a double-up, you double up your money. So you win $2 for every $1 you play. But the site is still going to take their cut. The difference is that in a double-up, they do that by paying out less spots. In a double up, only 45% of people cash.
The lineup strategy is ultimately the same and the majority of lineups that would cash in a 50/50 would also cash in a double-up. It is really just the lineups right around the 45%-50% mark that get impacted.
Choosing between the two is a matter of personal preference.