This week is the NASCAR Quaker State 400 at the Kentucky Speedway. 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. Drivers such as Chase Elliott, Ryan Blaney, and Clint Boyer are relatively less expensive on FanDuel, while Martin Truex Jr., Brad Keselowski, Alex Bowman, and Aric Almirola are amongst the drivers who are relatively less expensive to add to your lineup on DraftKings.
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, Brad Keselowski and Alex Bowman appear to offer good value on both sites. Martin Truex Jr., Kurt Busch, and Aric Almirola appear to offer substantial value on DraftKings, while Ryan Blaney and Jimmy Johnson appear as good options for their respective salaries on FanDuel. Amongst the favorites, Chase Elliott on FanDuel may offer the greatest value as he has the same odds of winning, but at a reduced price compared to Denny Hamlin (on both sites, but at a greater discount on FanDuel).
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.
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