Bargain Doesn’t Mean Cheap

When we hear the word bargain, we intuitively associate it with cheap. In DFS, that’s especially true – “bargain plays” are typically always low-salary guys who are thrust into an optimal situation. A minimum-salary hitter getting slot into the first spot of the batting order is an example of this. However, a player can still be a great bargain even with a higher salary.

Let’s use our Trends tool to look at this specifically. When a player has had a bargain rating of either 99 or 100 (in other words, a crazy-good bargain), they have performed better than expected with a Plus/Minus of +0.44. That’s pretty good and shows us we should inspect the bargain rating when looking at players each day.

dk bargain
 

But look what happens when we look at elite batters, priced between $4,500 and $5,900 on DraftKings.

dk bargain top
 

The Plus/Minus jumps up to +2.41. Several of these examples have been Nationals superstar hitter Bryce Harper this season (as I wrote about here), but it extends to other great hitters – Paul Goldschmidt, Mike Trout, Troy Tulowitzki, Nelson Cruz, and Giancarlo Stanton have all found themselves in this situation a couple times this season. And when it happens – value.

This idea of bargain not being synonymous with cheap is an idea that’s really important to DFS and a big reason why I like our rating system here. Bargains in DFS world have historically meant which players have a high point per dollar rating right now. That’s fine and can be useful in context, but your top-30 bargains are all going to be minimum-salary guys. While they’re nice to fill in the pieces of a lineup, if you play all minimum-salary guys and don’t even get up to two-thirds of the salary cap, good luck winning.

The top guys matter. In fact, it’s sometimes easier to find cheap guys who can hit their low expected projection of just a couple points than finding top players who will hit their expected projection of many points. You could have a lineup of all $2k hitters who meet their expected production, but that won’t get you anywhere – you have to maximize your salary cap, finding bargains at the top and bottom part of the salary pool.

When thinking about bargains, remember all players can be a bargain. It can take a mind reset of sorts to think this way – I mean, how can Bryce Harper have a 99% bargain rating with a $5,400 salary? But indeed Harper (and others) can be more valuable than even their extremely high salary. Finding a combination of these guys plus your bargains at the lower end of the salary pool is the key to optimizing your lineup.

Remember: Bargain doesn’t mean cheap.

When we hear the word bargain, we intuitively associate it with cheap. In DFS, that’s especially true – “bargain plays” are typically always low-salary guys who are thrust into an optimal situation. A minimum-salary hitter getting slot into the first spot of the batting order is an example of this. However, a player can still be a great bargain even with a higher salary.

Let’s use our Trends tool to look at this specifically. When a player has had a bargain rating of either 99 or 100 (in other words, a crazy-good bargain), they have performed better than expected with a Plus/Minus of +0.44. That’s pretty good and shows us we should inspect the bargain rating when looking at players each day.

dk bargain
 

But look what happens when we look at elite batters, priced between $4,500 and $5,900 on DraftKings.

dk bargain top
 

The Plus/Minus jumps up to +2.41. Several of these examples have been Nationals superstar hitter Bryce Harper this season (as I wrote about here), but it extends to other great hitters – Paul Goldschmidt, Mike Trout, Troy Tulowitzki, Nelson Cruz, and Giancarlo Stanton have all found themselves in this situation a couple times this season. And when it happens – value.

This idea of bargain not being synonymous with cheap is an idea that’s really important to DFS and a big reason why I like our rating system here. Bargains in DFS world have historically meant which players have a high point per dollar rating right now. That’s fine and can be useful in context, but your top-30 bargains are all going to be minimum-salary guys. While they’re nice to fill in the pieces of a lineup, if you play all minimum-salary guys and don’t even get up to two-thirds of the salary cap, good luck winning.

The top guys matter. In fact, it’s sometimes easier to find cheap guys who can hit their low expected projection of just a couple points than finding top players who will hit their expected projection of many points. You could have a lineup of all $2k hitters who meet their expected production, but that won’t get you anywhere – you have to maximize your salary cap, finding bargains at the top and bottom part of the salary pool.

When thinking about bargains, remember all players can be a bargain. It can take a mind reset of sorts to think this way – I mean, how can Bryce Harper have a 99% bargain rating with a $5,400 salary? But indeed Harper (and others) can be more valuable than even their extremely high salary. Finding a combination of these guys plus your bargains at the lower end of the salary pool is the key to optimizing your lineup.

Remember: Bargain doesn’t mean cheap.