PGA Tour Golf is back on Thursday (6/10/2020) and the daily fantasy sites and sportsbooks are ready to go. The two dashboards 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 to win the tournament.
On the top panel of the first dashboard, the salaries of each golfer are taken as a percentage of the salary cap in each game. These are then put in a scatterplot (FanDuel on Horizontal Axis and DraftKings on Vertical Axis) with a simple linear trend line. Above the trendline shows where DraftKings has a higher salary-to-cap percentage than FanDuel, while below the line shows the opposite. The two panels on the bottom show the golfers with the highest difference in salary-to-cap between the two games. On the left, in yellow, shows which golfers have a much higher salary-to-cap figure in DraftKings, while on the right, in blue, shows the golfers with higher salary-to-cap figures in FanDuel. These are useful if you believe that one site prices better than the other when it comes to tournament expectations.
The second dashboard maps out 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). For golfers with the same odds, for instance, you can see where the salaries are not the same and which golfers may offer some value at this price (assuming the betting market offer unbiased forecasts of future results).
Hopefully these provide some food for thought when setting your lineup. Enjoy the restart of PGA Golf.
Comments