This week is the Arnold Palmer Invitational. The daily fantasy sites have posted their salaries and the betting market odds are available, so it’s time to show some comparisons between salaries on FanDuel and DraftKings and also between the salaries on these two daily fantasy sites and the betting market odds (taken from mybookie.com) to win the tournament.
The first dashboard shows the relationship between FanDuel and DraftKings salaries as a percentage of the daily fantasy salary caps. These figures are shown in a scatterplot (FanDuel on Horizontal Axis and DraftKings on Vertical Axis) with a simple linear trend line. The second dashboard illustrates the top golfers in terms of betting market odds compared to daily fantasy salaries for the tournament. The betting market odds (10-1, 20-1, etc.) are on the vertical axis while the salaries of the golfers in the respective games (FanDuel on top; DraftKings on bottom) are on the horizontal axis. A simple linear trend is shown for each. Golfers above (to the right) of the line have higher fantasy salaries than the implied betting market odds, while golfers below (to the left) the line have lower fantasy salaries than the implied betting market odds (from the simple linear trend in this sample).
Tyrrell Hatton and Francesco Molinari appear to offer considerable value on both sites. Viktor Hovland, Sungjae Im, and Paul Casey appear to offer value on Draftkings, while Bryson DeChambeau and Billy Horchel appear to offer value on FanDuel.
Enjoy this weekend’s golf and best of luck with your lineups!
See the First Steps: Hockey Analytics by Rodney J. Paul is now available on Amazon and Kindle.
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