DraftKings boasts a few different game types and contest types for customers, each requiring specific strategies and different ways of building lineups.
The overall goal, of course, is to finish in the places to win a prize, but the number of places and the overall value of prizes differ by contest and game type.
Keep reading to find out about DraftKings contests on their range of sports, which includes football, basketball, golf, soccer, MMA, hockey, NASCAR, tennis, F1, esports, and baseball.
Game Types
Classic
Classic is the most popular game type and involves selecting players from any games included in the slate, detailed at the top of the contest page.
DraftKings classic games require you to adhere to positional and salary cap requirements, so you can’t just select players who all play in the same position.
The DraftKings Milly Maker is arguably the most famous DFS contest of all time and takes place on a Sunday afternoon, with entrants paying $20 per lineup for the chance to scoop the $1 million top prize.
Showdown
Showdowns are for single events only and give you completely free choice as to which players you want to choose, at least in terms of position.
Each Showdown requires you to draft a Captain for 1.5x their normal value, and they will earn 1.5x fantasy point values for that game.
With more limited choices than a Classic game, Showdowns are more likely to end in ties, especially if the most popular players all perform as expected.
Tiers
Tiers take the agony of trying to fit a salary cap and positions by allowing you to choose one player from each of the pre-selected tiers.
There are usually six tiers, each made up of players of a similar projected points total so you simply select who you think will perform best.
DraftKings fantasy players must select players from at least two teams, so you can’t just fill your six slots with players from the same team.
Snake
A snake draft is exactly like regular season-long fantasy, except it’s only for a specific day or slate of games.
The number of entrants into a DraftKings snake draft varies from three to 12, and once all the slots have been filled, entrants take it in turn to draft a player. When a player is selected, no other entrant can choose them.
As with all snake drafts, the order is randomized, and the draft snakes around, so the player who picks last in the first round then picks first in the second round.
Single Stat
Single stat games are different from every other type of contest in that you’re simply drafting the three players you think will record the most of a single stat, like yards in football or points in basketball.
There are no positional requirements or a salary cap, so you can choose any three players you like, making it much easier and faster to enter than most other game types.
DraftKings single stat games usually only pay out to the winner or the top two, but there’s a high chance that the prize will be shared, given there’s no salary cap or positions.
Best Ball
DraftKings best ball is similar to snake draft, except it runs over multiple weeks rather than just one.
There’s no roster management or trades involved, and each week, the highest-scoring players from your team are automatically on your starting lineup, so there’s no need to manage your roster each week.
Some DraftKings best ball tournaments have multiple rounds in which league winners advance to the next stage with greater prizes than regular best ball tournaments.
Contest Types
Tournament
DraftKings tournaments are the primary type of contest, offering the most significant prizes relative to your entry fee.
Around the top 25% of lineups get paid out, and the lowest winning place is always more than your entry fee (assuming there are no ties).
The DraftKings Milly Maker, for example, is a $20 entry fee with a maximum of 150 entrants per account, and there are over 160,000 slots available. The lowest payout is $30.
Multiplier
Multiplier contests multiply your money by a set amount regardless of where you finish within the winning positions.
The popular ‘double up’ contest doubles your entry fee if you place in the prize positions, which around 45% of entrants do, and there are also contests that offer a 25x multiplier.
Your prize money is the same regardless of where you finish in the payout places; the strategy is a little different compared to tournament contests, as you don’t need to win to get the maximum payout.
Head to Head
Head to Head contests on DraftKings put you against one other person, and the winner takes the entire prize pot.
DraftKings takes a percentage of the entry fees to run the contest, which is usually 10% but can be as high as 20% or as low as 5%, so it’s not quite winner-takes-all, but it’s close enough.
50/50
DraftKings 50/50 contests are very similar to multipliers. You get the same prize amount no matter where you finish within the payout places, which is the top 50% of teams.
The prize is usually your entry fee multiplied by around 1.8x, so a $10 50/50 contest of 10 total entries pays out $18 to the top five.
Once again, the strategy for these 50/50 contests is similar to DraftKings multipliers, as you’re just trying to finish in the top half of teams rather than make potentially risky plays to try to come first.
DraftKings Salary Cap
DraftKings imposes a salary cap of $50,000 on all sports and in all game types that have a salary. Your lineup must come in at that salary or less.
Each player is given a value, and your roster has a specific number of slots that depend on the sport. The price of a player can vary between contests (for example, a player is more expensive in showdowns compared to classics).
The table below shows the salary cap for each sport.
Sport
|
Salary Cap
|
Football
|
$50,000
|
Basketball
|
$50,000
|
Hockey
|
$50,000
|
Baseball
|
$50,000
|
Soccer
|
$50,000
|
MMA
|
$50,000
|
NASCAR
|
$50,000 |
Golf
|
$50,000
|
Tennis
|
$50,000 |
F1
|
$50,000 |
esports
|
$50,000 |
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