The PGA Tour heads to Hilton Head, SC for its second week back after the long coronavirus hiatus. 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.
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. Players at the top end are considerably more expensive (in relation to the cap for each game) on DraftKings, while players such as Webb Simpson, Patrick Reed, and Brooks Koepka are relatively more expensive on FanDuel. 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. Across the entire range of salaries, Rory, Justin Thomas, and Bryson DeChambeau are the relatively most expensive adds to your lineup on DraftKings (compared to FanDuel), while Jason Day, Branden Grace, and Bubba Watson are the relatively most expensive on FanDuel (compared to DraftKings).
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). Notice Justin Thomas on FanDuel. He is the 2nd favorite listed on the betting market but is less expensive than Bryson DeChambeau (the 3rd favorite). If you like Justin Thomas this weekend, it appears you can get additional value on FanDuel compared to DraftKings. Also consider some examples of golfers with the same odds to win the tournament that are at very different relative salaries in the two games. Webb Simpson looks to be bargain on DraftKings, but not on FanDuel. Sungjae Im is the opposite, where FanDuel appears to be a much more attractive game to enter him into your lineup.
Enjoy this weekend’s golf and best of luck with your lineups!
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