Goal setting has quickly become one of the pillars of successful modern business. In our latest edition of DFS tips we take a look at goal setting and why it’s important for growing your DFS bank!
For those wanting to turn professional or at the very least take the next step and start taking profit from daily fantasy sports play more seriously goal setting is a common strategy to employ.
Things like; goals on turnover, win percentage on cash or 50-50 games and overall profit on turnover (POT) are usually things that are identified as ‘goals’ of DFS players.
However, we are of the opinion that your goal setting should take a different path.
Sure, set yourself some ‘end game’ type goals on monthly or yearly turnover and set a mark to aim for with your POT but do not make it the focus of your goal setting.
Instead, you should be focusing on the process.
What does that mean and why is it important you may ask?
Well as you know with anything relating to betting and or paid fantasy sports, variance plays a big part. Particularly for those playing a lot of GPP’s.
You may well do all the right things, work hard, not overbet and find the right players and yet fall short of your goal of 5% profit on turnover.
Andrew Luck may have been injured in the first quarter, Buddy Franklin held goal-less or Cameron Smith has a stinker that costs you that one big GPP that sends your profit soaring.
So as obsessed as you were in achieving lofty goals, sometimes factors outside of your control affected your results.
That’s why the majority of your focus needs to be on the process and the factors you can directly control.
We recommend identifying the key areas that drive your DFS success and setting goals around them instead.
Such goals as;
- Update your records and results every day
- Spend as much time reviewing the previous week as you do preparing for the coming week
- Listen to a new educational podcast once a day
- Take one full day off each week to stay fresh and stay hungry
- Make a rule that if you can’t commit at least an hour to a slate, you don’t play.
All of the above factors can be directly controlled and achieved if you put your mind to them. Goals around ROI or profit on turnover can not.
So, focus on doing the right things, ticking all the boxes and trusting the process. Because theoretically, the results should take care of themselves!