Saturday, November 29, 2014

My Strategy To Improving My Fantasy Sports Performance!

So yesterday I wrote a blog post breaking down Why I Suck At Daily Fantasy Sports. Today I will break down what my strategy is to improve. One of the biggest difference between fantasy sports and gambling is fantasy sports is a game of skill, with a certain level of luck involved. Gambling is a game of luck, where in some cases there is also a certain level of skill involved. This is the reason why fantasy sports for cash is legal in most states, but gambling is illegal in most states.

Whenever you engage at learning something new, there are four levels of learning and skill. Everyone starts off at level 1. As you continue to improve, you are able to advance up to level 2, then level 3 then hopefully level 4.

The Four Levels To Learning And Skill In Fantasy Sports (And Everything Else In Life)

Level 1 – Unconscious Incompetence
Everyone who starts playing daily fantasy sports starts off at this level. This is ESPECIALLY true for people who are making the transition from season long fantasy sports to daily fantasy sports. At the unconscious incompetence level, you are not good at playing the game and you are not even aware at how bad you are. This is a dangerous place to be especially if you are careless with your money. At this level you are very likely to participate in matchups, not knowing what you are doing and losing money.

Level 2 – Conscious Incompetence
This is the level that I’m currently at in my daily fantasy sports journey. At this level you realize how bad you are and you realize how good other people are. You also realize that there are a number of skills that you need to learn and if you ever want to get better, you are going to have to put in the time that it takes to build these skills. Although you are going to continue to lose money at this level, the good news is at least you know that you don’t know what you’re doing and you now can begin to take some steps to get better.

Level 3 – Conscious Competence
This is the level where you start to experience consistent success in fantasy sports. You are now winning the majority of your matchups. However, you still aren’t naturally good at it yet. At this level of the game, you probably have a step by step process that you follow. However, you are most likely looking and referring to this process every time you go through it. You are constantly double checking yourself to make sure that you are doing the right thing. You are winning but you still haven’t developed the confidence and the assurance yet that those at the professional level have obtained.

Level 4 – Unconscious Competence
This is the highest level of learning and skill in fantasy sports. This is the level that those who earn a full time living playing fantasy sports operate from. At the unconscious competence level you are good and you know it. You can implement your research and lineup selection without even thinking about it. As a result, you consistently win many of your matchups and even take down cash prizes in some tournaments. Once you get really good, you may even start to win some of the big grand prizes and be one of those players taking pictures with the big checks!

My strategy to improve is simple. Now that I know that I’m not good, I am going to spend a significant amount of time learning from those that are better than me. The good news is unlike many other industries, the people that are successful in daily fantasy sports are very generous with their knowledge and expertise. They share a lot of valuable information about how to get better. All you have to do is be willing to invest the time to learn and practice what they teach and you can begin to experience success as well!

In future blog posts, I will share with you where I am going to acquire this knowledge and how you can tap these same resources to acquire this knowledge as well!

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