Odds and Lines for Daily Fantasy Sports in the United States

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Odds and Lines for Daily Fantasy Sports in the United States

Do you want to join the millions of people in the United States who are playing Daily Fantasy Sports? Knowing the basics of odds and lines is essential to get started. Daily Fantasy Sports (DFS) is a form of sports betting, where you can compete against other players in a variety of contests, using real sports teams and players. In order to increase your chances of winning, you need to understand how the odds and lines work when you’re placing your bets.

Daily Fantasy Sports: Understanding Odds and Lines in the United States

Daily fantasy sports (DFS) is a growing sector of the fantasy sports market in the United States. The games are based on the performance of individual players in live sporting events, and the goal is to assemble a team of players that performs better than the competition. This article will explain the concept of odds and lines in the context of DFS, as well as how to use those tools to increase your chances of winning.

What are Odds and Lines?

Odds and lines are a way of expressing the probability of an outcome happening. Odds represent the likelihood of a particular outcome happening, while lines represent the actual point spread of the game. For example, if you were to bet on a football game, you might see odds of 1.5:1 and a line of -7.5. This means that the team with the higher odds (in this case, 1.5:1) is expected to win by at least 7.5 points.

In daily fantasy sports, odds and lines are used to determine the chances of a certain player or team winning their matchup. The higher the odds, the more likely that player or team is to win. The lines can be used to calculate the expected margin of victory for a particular team or player.

How to Use Odds and Lines for DFS

When playing daily fantasy sports, the goal is to assemble a team of players that will outperform the competition and generate the most points. Knowing the odds and lines can help you make informed decisions about which players to select. Here are a few tips to help you make the most of your DFS strategy:

  • Look for Players with High Odds: If you’re looking for players that have a good chance of outperforming the competition, seek out those with high odds. This means that the player is more likely to win their matchup, and therefore generate more points for your team.
  • Bet Against Low Odds: If you’re trying to create a balanced team, seek out players with lower odds. These players will be more likely to lose their matchup, so you can offset the impact of players with higher odds.
  • Use the Lines to Calculate Expected Margin of Victory: The lines can help you calculate the expected margin of victory for a particular player or team. If you expect a player to win by a large margin, that player may be a good addition to your team.

Conclusion

Odds and lines can be a valuable tool for daily fantasy sports players. By understanding how these tools work and how to best use them, you can increase your chances of creating a winning team and generating the most points. For more information on odds and lines in the United States, you can visit the websites of the FanDuel, DraftKings, and RotoGrinders.

FAQ for Daily Fantasy Sports Using Odds and Lines in the United States

What are odds and lines in daily fantasy sports?

Odds and lines in daily fantasy sports are the numbers and prices set by sportsbooks to indicate how likely a particular outcome is. These odds and lines can be used to determine which players have the best chance of success in a given fantasy sports contest.

Where can I find odds and lines for daily fantasy sports in the United States?

Most major online sportsbooks offer odds and lines for daily fantasy sports contests in the United States. These sportsbooks include DraftKings, FanDuel, Yahoo, and others.

How do I read odds and lines for daily fantasy sports?

Odds and lines for daily fantasy sports are typically expressed as a fraction (e.g. 1/2). The number on the left indicates the amount of money that you stand to win if the outcome you have bet on occurs, while the number on the right indicates the amount of money you must wager in order to win the amount indicated on the left. For example, if the odds are 1/2, this means that if you bet $2, you will win $1 if the outcome you have bet on occurs.

How do odds and lines in daily fantasy sports affect my chances of winning?

Odds and lines in daily fantasy sports can be used to determine which players have the best chance of success in a given fantasy sports contest. By studying the odds and lines for each player, you can make informed decisions about which players to select for your fantasy sports team.

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- Expert Advisor -

Brandi Shotwell

Brandi Shotwell is a Principal at Reno Capital Management in Dallas, Texas concentrating on debt and equity. With over 20 years’ experience in finance and real estate, Brandi has had leadership involvement in over $1 billion in real estate projects ranging from commercial acquisitions to commercial development.  She has organized funding acquisitions and development opportunities for multifamily investors, high net worth individuals, municipal growth areas, and manufacturing clients. Prior to joining RCM, Brandi was Vice President at Edge Capital Markets in Dallas, Texas.  Preceding Edge, she was Vice President of Coronado Bay Capital where she was the top producing originator of the company.  Previously, she was a founding partner of Global Mortgage USA. Brandi attended Purdue University Northwest where she studied business and marketing.

- Expert Advisor -

Dugan Kelley, Real Estate & SEC Attorney

Dugan P. Kelley co-founded Kelley Clarke, PC with the mission to deliver big firm expertise and experience to the local community. Kelley Clarke currently serves clients throughout the United States with its principal offices in Prosper, Texas and Santa Barbara, California. Mr. Kelley chairs the firm’s securities and real estate practice group, assisting clients in all phases of multi-family, commercial, and residential acquisitions or sales. Throughout Mr. Kelley’s career, he has assisted clients in structuring real estate transactions in excess of $2 Billion. Currently, Mr. Kelley provides syndication and securities services for clients throughout the United States, assisting clients in all phases of their acquisition and sale of commercial and residential real-estate assets.

Mr. Kelley’s real estate expertise includes transactional services for his clients ranging from commercial loan closings, real estate private equity capital raises, joint venture agreements, commercial leasing, business acquisitions and general commercial real estate services for multi-family syndicators, investors, and developers.

Throughout Mr. Kelley’s 20 years of experience, he also has tried numerous cases in state and federal courts, administrative courts, and arbitration. With over $100 million in verdicts, settlements, workouts, and millions in settlements prior to trial, Mr. Kelley understands that there isn’t a one-solution fits all for every case. Mr. Kelley routinely advises real estate investors and other entrepreneurs about entity selection, corporate formation, risk assessment and other related transactional needs. Mr. Kelley also represents a number of companies and family businesses in providing advice and counsel in the capacity as outside general counsel.

Mr. Kelley was previously a partner with Cappello & Noel, one of the nation’s foremost complex commercial litigation firms, in Santa Barbara, California. While at Cappello, Mr. Kelley successfully prosecuted and defended major commercial litigation involving a variety of commercial matters including lender liability, contract and transactional disputes, and fraud. Prior to his tenure at Cappello, Mr. Kelley was a litigator at Bonne, Bridges, Mueller, O’Keefe & Nichols in Los Angeles where he successfully defended healthcare professionals and healthcare institutions involved in malpractice suits. Mr. Kelley’s practice also included defending employment claims against professionals and the County of Los Angeles. Prior to moving into the civil sector, Mr. Kelley successfully prosecuted criminal matters.

In addition, for several years, Mr. Kelley was an adjunct law professor teaching fundamental legal skills, legal research and writing, and moot court to law students in the Orange County area. From 2008 through 2016, Mr. Kelley has been selected as a “Super Lawyer Rising Star,” with only 2.5% of attorneys recognized as the best attorneys. Mr. Kelley routinely acts as a mediator for other attorneys or as settlement counsel for complex litigation matters that require a unique solution. Mr. Kelley is a best selling author of Purpose, Passion & Profit and is frequent speaker and lecturer at events. He also serves on a number of non-profit Boards, including Treasured Vessels Foundation, which has a purpose for ending human sex trafficking and providing shelter to those victims of human sex trafficking.

Mr. Kelley and his wife, Michelle have 3 boys. The entire Kelley family is actively involved in giving back to their local church and community.  Contact Kelley | Clarke to help you in your next transaction.

- Strategic Partner -

Brent Kawakami, PE

Brent is a real estate investor, entrepreneur, and a Registered Professional Engineer in the State of Texas with extensive experience in acquisitions and underwriting of properties in the multi-family arena.

Mr. Kawakami has been investing in Real Estate since 2012 where he focused on buying, rehabbing, and renting single family rentals in the Dallas, Texas area. In 2015, he began his transition from single family to multi-family where he has acquired over 450+ multi-family units across, Texas, Georgia, Kansas, and Ohio. His current focus is acquisitions and works closely with many syndicators to help vette and determine through critical analysis of underwriting and reviewing market factors to determine if a property is a go or no go for pursuing with a Letter of Intent. At the same time, he works with Sellers Brokers nationwide to help foster relationships for syndicators in key market areas.

As a result, of his experience and top-notch reputation, this has allowed him to become an integral team member of General Partnerships when underwriting private placement transactions for the syndicate team as well as providing transactional support through quantitative proforma models.

Mr. Kawakami graduated with a Bachelor of Science in Electrical Engineering from the University of Texas in Austin. Mr. Kawakami is originally from Hawaii and currently resides in the DFW Metroplex. Brent also spent over 13+ years in the private sector where he worked as consultant engineer in the power/energy industry, working in various roles in design, construction, and project management. Brent has led numerous multi-million dollar projects and has been responsible for the development of over $1B in construction projects for such leading edge companies such as Oncor.

- Strategic Partner -

Mark Kenney

Mark Kenney is a seasoned real estate investor, entrepreneur and founder of Think Multifamily along with his wife Tamiel. Mr. Kenney started his real estate career over 20 years ago and has extensive experience in property valuation, acquisition, and operations. He has a passion for helping others succeed in the multi-family arena.

Mr. Kenney is invested in over 9,000+ units across 7 states and has a top-notch reputation among the multi-family investment community for providing exceptional value to investors and the community while being easy to work with.

Mr. Kenney is a 1993 graduate at Michigan State University in Accounting and advanced his career by becoming a CPA. Mark has also provided IT technical and business consulting for 20 years and is leveraging his vast IT experience to bring new creative technologies that will help others in the multi-family space. He has worked for large organizations such as KPMG Consulting, EDS, SAP, and HP; he founded Simplifying-IT in 2008 which provides IT services to fortune 500 companies.

- Managing Partner -

Karla Gonzales, FINRA Series 7, 50, 52 & 63

Karla is an entrepreneur, Real Estate Investor, and experienced Investment Banker and a Vice President with a well-known Wall Street investment banking firm. She currently is a Registered Representative with the following licenses through FINRA: Series 7, Series 50, Series 52, and Series 63. In the last six years, she has completed nearly 200 municipal bond financings totaling more than $4.0 billion.

As a result, of this experience and top-notch reputation, this has allowed her to become an integral team member of the General Partnership when underwriting private placement transactions for the syndicate team as well as providing transactional support through quantitative proforma models. Her skillset also allows her to be involved in preparing investor presentations, attending and presenting before potential clients, and fostering ongoing client relationships with multi-family investors.

Ms. Gonzales graduated Cum Laude with a Bachelor of Science in Finance from the University of Texas at Dallas. She is currently invested in single family and multi-family properties with over 900+ units in Texas, Georgia, Kansas, and North Carolina. Ms. Gonzales is originally from Michoacán, Mexico and is fluent in both English and Spanish helping to serve our Spanish speaking investors.

- Team Principal / Managing Partner -

Robert Gonzales, AIA, IIDA, LEED® AP BD+C

R

ob Gonzales, AIA, LEED® AP BD+C, is a Real Estate Developer for one of the top real estate firms in Dallas-Ft. Worth Metroplex where he develops and manages the infill of Class A+ luxury multifamily communities with first-class amenities in Dallas, San Antonio, Austin, Ft. Worth, Midland, Irving, Frisco, College Station, Mansfield, Leander, Colorado Springs, CO, Phoenix, AZ, and the Carolinas.

Mr. Gonzales is also an entrepreneur, real investor, and has over 16+ years of Project and Management experience as a Registered Architect, Registered Interior Designer, and Commercial General Contractor, including 11 years as a LEED® Accredited professional with a specialization in Building Design & Construction.  His experience includes work on over 80+ major vertical building projects and facilities valued at over $1.90 billion dollars.

Mr. Gonzales’ project experience, design background, graphics capability, and experience with multi-family commercial construction among other facilities allows him to be as asset providing cost-effective solutions during the due diligence period when collaborating with the General Partnership for decisions involving design challenges, rebranding, design, and constructability reviews. In addition, Mr. Gonzales helps provide transactional support to the General Partnership when underwriting private placement transactions for the syndicate team by keying on his skills that he gained earlier in his career by working as an Investment Banker and Registered Representative for a well-known Wall Street firm. 

Mr. Gonzales currently operates in the capacity of Team principal/General Partner and Asset Manager (i.e. Operator) on over 1,200+ units in 6 states across the southeast (i.e. Texas, Kansas, Georgia, Arkansas, North Carolina, and Florida) with a reputation among the multi-family investment community as having the ability to source deals, underwrite/analyze deals, be an effective Operator, Capital Raiser, and providing cost-effective design solutions, and focuses much of his time rebranding, and repositioning properties.

Mr. Gonzales received his Bachelor of Arts and Master of Architecture degree from Texas A&M University. He is currently invested in single family and multi-family properties while making his home in both Texas and Florida having lived in Austin, San Antonio, Houston, Tampa, and South Florida (including Weston, Ft. Lauderdale, and Miami), and now having recently returned back to Dallas in the past 5 years.