Fantasy Sports Glossary of Terms

1. Fantasy Sports Glossary of Terms    Table of Contents  1. What is Fantasy Sports?   2. The Scope of Fantasy Sports  3. Daily Fantasy Sports (DFS) Glossary    The ​fantasy sports ​industry has become one of the most lucrative  industries to invest in these days. And why not? After all, the industry  is booming and reaching new heights every single year. Fantasy  sports has established itself as one of the most prominent as well as  the most promising industries across the world and the huge user  base and growing popularity among players have made it an ideal  industry to invest in.     What is Fantasy Sports?     Fantasy sports enable participants to create their virtual teams of  professional players. The participants choose from the real players  and compile their own teams to compete against each other. The  results are based on the past performances of the players in the  real fields. The performances are measured and are then  transformed into points. Fantasy sports can be played in two ways  — either by competing with friends or by competing against  strangers by joining public leagues that are organized by several  online fantasy sports platforms.      The Scope of Fantasy Sports    The fantasy sports industry is reported to generate around $1.5  billion every year. Around 56.8 million people in the USA and Canada  alone play fantasy sports and according to the statistics, it is certain  that this number will increase. In the year 2019, the market size of 

2. fantasy sports worldwide was that of $18040 million, and by the end  of 2016, the industry is expected to hit the figure of 43370 million.     But even though fantasy sports are gaining popularity in diverse  regions around the world, several people still stay clueless about the  basic terminologies of fantasy sports. And let’s face it, the several  terms in fantasy sports are confusing, which makes it quite  intimidating for the new players as well as entrepreneurs looking to  invest in the industry.     Don’t worry, we’ve got you covered. We have compiled the complete  fantasy sports glossary so that you can eliminate the dilemma and  make the most out of your fantasy sports experience.     Daily Fantasy Sports (DFS) Glossary    Fantasy sports glossary includes money terms, jargons as well as  the general banter. Below is the list of all in the alphabetical order:     50/50: ​Also known as cash games, 50/50 is an event in which​ ​the  top 50% of the players divide the prize pool evenly and the rest of  the 50% lose the entry fees. Players can play small as well as large  50/50 contests where large contests render bigger price pools.     $/Point: ​Dollar per point is the number of dollars the player is  supposed to pay for each projected point cost. It is recommended to  keep this number low. The lower it is, the better. Point/$ is exactly  the opposite of $/Point.     Action:​ The sum of money or the contests in play on any given site is  known as Action. For example, I have a lot of action on Draftkings  this month.   

3. Average Draft Position:​ Also known as ADP, it refers to the spot  where a player will be drafted.      Auction Draft:​ Auction drafts give every manager the opportunity to  build a team on his budget by bidding on the players. Needless to  say, the highest bidder acquires the player.     Bankroll: ​In daily fantasy sports Terms, bankroll refers to the sum of  money participants are willing to invest in DFS.    Bench Players:​ Players that you’ve picked but won’t be present in  the starting lineup for the week are known as bench players.     Bearish: ​The negative views about a given situation or the player. If  someone holds a bearish outlook about a player, he won’t pick him  for his lineup.     Blind Bidding: ​To keep the biddings fair, several online fantasy  sports platforms permit the players to place bids without exposing  the real numbers to the other bidders.    Breakout: ​The player who performs better than expected is known  as a breakout in the terms used in daily fantasy sports.     Bullish:​ This is the exact opposite of bearish in the glossary of  important DFS terms. It means positive views about a given situation  or a player. If someone holds a bullish outlook about a player, he’ll  include him in the lineup.     Bust: ​A player that is expected to play good but doesn’t do well in  the field and underperforms is known as a bust.    Buy-in: ​In simple terms, the buy-in is also known as entry fees, that  is, the sum of money that is required to enter any league or contest.     

4. Cash Games:​ 50/50, Head to Head, and double up are referred to as  cash games that allow players to play safe.     Cheat Sheet:​ In DFS glossary, cheat sheets are simply the ranking  guides.     Ceiling: ​Ceiling is the maximum number of points a team, a lineup, or  a player can score.     Commission:​ Also known as a rake, it is the fees that are charged by  daily fantasy sports websites to play. It is usually around 10% of the  buy-ins.     Confirmation Bias:​ The inclination towards confirming pre-existing  beliefs and to look and search for information that fits is called  confirmation bias.     Cut/drop/release:​ In the daily fantasy (DFS) glossary of terms,  these three words mean the same and refer to the player you don’t  want in your team anymore.     Contrarian:​ It refers to someone who picks players that others  would discard. The one who goes against the grain.     DFS:​ DFS is short of Daily Fantasy Sports.     Deep league:​ Leagues in DFS consisting of more than 12 leagues are  known as deep leagues.   Donkey:​ A bad DFS player is referred to as Donkey.      Double-up:​ When winners double the entry fees amount, it is known  as double-up. 

5.   Draft:​ Draft refers to how participants build up their teams of  players.     Entry fee​ - Entry fee is the same as buy-in, which is, the amount of  money required to enter a contest or a league.     EV ​- EV is simply short for expected value.     Exposure:​ Exposure is the sum of money that’s placed in a particular  player. Also, it can be referred to as the percent of the bankroll that  you have invested in a player.     Fade: ​When you avoid a particular game or a player, its called fade.     FD:​ In DFS glossary,​ ​FD stands for FanDuel.     Fish: ​A poor or inexperienced DFS player is known as fish.      Flyer (Flier): ​A player who is added to the team as a free agent  because there is a probability that he might perform well and  exceed expectations.      Floor: ​The minimum number of points a lineup, a team or a player  can score is called the floor. It’s exactly the opposite of the ceiling.     Freeroll: ​A daily fantasy league that has a cash prize but is free to  enter is known as a freeroll.    Free Agent:​ In fantasy sports glossary of terms, a player who is not  owned by any team in the league is known as free agent.     GOAT:​ GOAT stands for Greatest Of All Time. It is the opposite of  WOAT.    

6. GPP: ​GPP is short for Guaranteed Pool Prize.     Game Versions: ​Game versions refer to the type of contests that are  offered by daily fantasy sports websites. Multipliers, qualifiers, H3H,  GPP, 50/50 are some of the examples.      Grinders: ​In daily fantasy sports(DFS) glossary, grinders are players  that play to boost profits and usually participate in cash games.      Half PPR: ​Half PPR or .5 PPR refers to the daily fantasy scoring  system that grants .5 points per reception.     Hedge:​ In the glossary of important DFS terms, hedge refers to the  measures taken to avoid the loss of a large percentage of bankrolls.     High-low:​ When high salaried players are picked along with  low-priced players to achieve the balance is called high-low. It is also  known as stars and scrubs.     High-stakes: ​Contests that involve high entry fees.     Injury Report: ​Report that lists all the players that were injured. This  report is published by the NFL.     Keeper: ​The player from the previous season that’s kept by the  same owner is known as the keeper.     Late-swap:​ Editing the lineup of players after the start of the  contest is known as late-swap in the key terminology of daily  fantasy sports.     Lean: ​Favoring a particular game, team, a situation, or a player is  known as lean in the daily fantasy sports (DFS) glossary.     LU:​ LU is short for Lineup. The lineup is also known as a roster.   

7.   Manager:​ The person who takes all the decisions regarding trades,  free agents, drafts, etc of a team is known as the manager.     Minimum Salary:​ Minimum salary is the lowest salary at a position  for a player.     Mock Draft: ​Mock draft is the practice draft that enables you to  create and practice strategies.     Multiplier:​ Multiplier leagues allow you to multiply the sum of money  that you paid as your entry fee.     Multiple Entry: ​Some contests allow you to enter multiple lineups in  the same contest. This is known as multiple entry in daily fantasy  sports Terms    Narrative: ​The explanation for a situation that’s accepted by  everyone is called narrative.     Overlay:​ When a DFS site loses money and pays more than the total  entry fees collected in a GPP content, it’s known as overlay.     Paying up: ​ Spending money on the most expensive player is known  as paying up in the glossary of important DFS terms.     Pickup: ​A player that is picked up from the free-agent pool is known  as pickup.     Player Pool: ​Pool of players that are available for drafting is known  as the player pool.     Prize Pool:​ Prize pool refers to the total payout amount in a  particular contest.    

8. Projections: ​Projections are predictions for a player’s performance  for the season or week.     Punt:​ In order to save money elsewhere, contest participants often  take low priced calculated risks which are known as Punt key  terminology of daily fantasy sports.      Qualifier:​ Qualifiers are GPP contests in which players receive entry  tickets in the award for bigger contests.     Reach: ​Reach is referred to as the player that is predicted for bare  minimum production.     ROI:​ ROI stands for Return on Investment.     Roster: ​Roster is also known as Lineup.     Salary Cap: ​The total sum of money that’s spent in drafting a lineup  is known as salary cap in daily fantasy (DFS) glossary of terms.     Shark:​ An experienced or professional DFS player is known as Shark.    Sleeper:​ A sleeper is a cheap player that could have loads of  potential.     Snake Draft:​ Snake draft is a drafting pattern in which a team that  drafts first in round one is the team that drafts last in round 2.     Stacking: ​Stacking is the process where multiple players are picked  from the same game or the same team.    Trade:​ The exchange of players between the two teams is known as  trade.     

9. Tier:​ Grouping players with similar ranks on the basis of position is  known as tier.     Tilting:​ Making bad decisions due to building up of stress that results  from the game outcomes is known as tilting in the key terminology  of daily fantasy sports.     Train: ​When you enter the same lineup in one league multiple times,  it's called train in daily fantasy sports terms.    Transaction: ​Line up actions such as dropping, picking, or trading a  player is known as a transaction.     Triple up: ​Contests where winners triple the amount of their entry  fees.     Undroppables: ​The elite players that cannot be dropped from a  lineup are known as undroppables.     Value pay: ​A low-priced player who exceeds expectations is known  as value pay in the DFS dictionary.    Waivers: ​A player is considered to be on waivers when he is dropped  from a team.     Looking to Invest in the Fantasy Sports Industry?    Then ​GammaStack​ can help. Over the years, we have equipped  established enterprises, startups as well as entrepreneurs with our  comprehensive fantasy sports software with the help of our ​fantasy  sports website development​ as well as ​fantasy sports app  development​ services. We provide comprehensive solutions for  various sports such as ​football​, ​tennis​, ​baseball​, ​mixed martial arts​,  and many more. Our teams of highly creative designers and highly 

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