This week’s NASCAR race is the Cook Out Southern 500. These dashboards combine prices from daily fantasy games, Salaries on DraftKings and FanDuel, and the betting market (odds of victory) from mybookie.com. The odds of victory are transformed into win probabilities to make comparisons to the prices of drivers available on the two big daily fantasy sites.
The first dashboard plots FanDuel Salary on the horizontal axis and DraftKings Salary on the vertical axis. The probability of winning the race, based on betting market odds from mybookie.com, are shown in terms of the size of the circles. The corresponding odds are noted with the driver name. Compared to the linear trend line, this chart illustrates which drivers are relatively more/less expensive on which daily fantasy site. Relatively more expensive drivers on DraftKings include Denny Hamlin, Chase Elliott, and Kyle Busch. Drivers who are relatively more expensive on FanDuel include Martin Truex Jr. and Brad Keselowski.
The second dashboard has two charts, each isolating the probability of winning the race versus salaries on each daily fantasy website. The probability of winning the race is on the horizontal axis and the respective salary for each game is on the vertical axis. A simple logarithmic trend is plotted to illustrate the relationship in both cases. According to the betting market odds, Alex Bowman and Tyler Reddick offer value on both sites. Martin Truex Jr., Brad Keselowski, and Aric Almirola offer value on DraftKings. On FanDuel, Ryan Blaney, Ryan Blaney and William Byron appears to offer value when comparing his salary to the betting market odds.
It is my hope that these charts provide some insights into your daily fantasy lineup building and add to the fun for this weekend’s race.
See the First Steps: Football Analytics is now available at www.seesports.net/shop and on Amazon.
Comments