How Our Sliders Work

Transcript

Hello everybody! My name is Max Steinberg. I am a partner at SaberSim and a daily fantasy professional. And I'm here to bring you a video all about our sliders.

So this is a question I get from a lot of people, whether it's on our Slack channel or Twitter or whatever, is they ask about these slider settings, the correlation slider, the ownership fade slider, the smart diversity slider. And their question is, "What should I set these at?" And I'm going to get into, in this video, how the sliders work, how you can adjust them, why you'd want to adjust them.

But first, I just want to talk about the default slider settings. Because this is something that you might not know, but we actually have default settings for the sliders based on a lot of different factors. And these are not just random defaults. These are things that have been well thought out by our team and are actually quantitatively the best settings for what style of tournament you're playing, what the slate is like, etc.

So I'll just demonstrate this right here. Right now we have the style as GPP, the entry limit as 20 max, and the entrance is 10,000, to 50,000. These are the default slider settings for these particular types of tournaments. If we switched to cash, suddenly the slider settings are going to be different. That's because we have set different defaults for different types of games. If you do a satellite, the slider settings are going to be different. If we say GPP, and we say 150 max, they're going to be different. If we say the entrance are only 11 to a 100, you're playing leagues, you're making lineups for leagues, it's going to be a different setting. Right?

And not only that is, this is also going to be true given the slate. If you're playing a showdown slate, or whatever you're doing, or a smaller main slate or a two game slate, the defaults are going to be different as well. And you can actually experiment this yourself. Try out different slates. Try out different styles. Try out different entry limits. You're going to see those defaults change.

And these defaults, we think, are the best settings for you. So for many of you, you might not even look at the advanced settings. You might not look at these slider settings. That is totally fine. That is encouraged. Because we've set it for you. But what I want to do in this video is talk about the different slider settings, talk about why they are the way they are, so you can be more comfortable with what they're doing. And I want to talk about when you might want to adjust them.

But one thing I want to illustrate before I get into the sliders is using the default settings. And so I actually already made a build using the default settings. I didn't click anything. I just clicked new build, built some lineups. And we got these lineups. I just basically did this and clicked build.

This is, by the way, with no settings. Look at the types of stack we're getting. You'll say, "Oh wow, okay. We have QB with three receivers. We have QB three receivers with a player coming back. We have game stacks." Every single lineup is a stack. A lot of the lineups are game stacks. This is with changing none of the settings. I know I'm probably pretty pedantically explaining this. But I just want to show you that without setting any rules without doing anything, you're going to get some really good, cool looking lineups that are game stacks, that are multi stacks, that are just the types of lineups that are going to win you GPPs. And that requires you to do nothing.

So I think that's really important to just show you, is if you don't mess with the settings, our defaults are going to give you the types of lineups you want for the particular contents you want. And why is that? So let's get into these slider settings.

So one thing that differentiates SaberSim from some of these other lineup optimizers is everything we do is built on our one of a kind simulator. And for every game, we simulate these games thousands of times, and that gets us some really good data. And we use this data to help construct lineups.

And you can see some of the visuals of this data. It gives you a range of outcomes of players. It gives you how they're correlated in the simulations. This is really, really helpful stuff. And it allows us to actually build lineups using these data. That allows us to make them without you having to set all these rules to make the lineups look good, to make them the way you want, to get those stacks and game stacks.

And so a correlation is basically the slider is we're taking this correlation data we get from our simulations and we're saying, "How much do you want to value this in your lineups?" So if you're playing cash, for example, you don't want to value those in your lineup. You don't want any correlation. You want your lineup to just eek above that top 50 percentile of lineups. And so correlation doesn't matter. You just want the best average projection. But if you're playing a GPP, correlation is going to matter a lot more. You want your lineups to be correlated. You want your players to score at the same time. And that gives you the upside that's going to help you win a GPP. If you're playing a satellite, for example, we're going to want consider correlation higher. Again, we want more upside. And so this slider, essentially, how much do you want to consider correlation when we're building your lineups?

Second slider, ownership fade. This is a pretty straight forward. This is essentially just a score based on the projected ownership that either you're using our projected ownerships, which are very good, or your own, or you're adjusting them. And we're saying, "How much do you want to consider ownership in the score of overall ranking of your lineup? The score of your lineup." So if you're ownership fade is zero, it's not going to consider it at all. And the more you raise this, the more the builder is going to consider, okay, does this have a lot of low ownership players or does it have a lot of high ownership players? Is it scoring well enough, both in projection, correlation, upside and ownership that we think this is the best lineup? So it's just how much you're considering that.

So if we're just talking about satellites, you're going to want to fade. You want the number one lineup in these satellite tournaments. So the fade is going to be high. GPP, it might be a little lower. But you want this high upside lineup, so you want to consider it. Cash, again, you don't want to consider it at all. In fact, if you play people with a field, that's probably even better.

So the last slider I want to talk about is smart diversity. And this is probably our most complicated slider because it has to do with how we build your lineups, leveraging that simulation data. And if you really want an in-depth explanation about this, there is a smart diversity specific video on our YouTube channel. I suggest you check it out. But essentially what smart diversity does is it takes our simulation data and uses it to take into account the real range of outcomes that a player can have, a specific player. It's trying to use the simulation data to say, "Okay, how high is Davante Adams upside? Is there certain simulations that he does really well? Are there certain simulations where another player does really well?" We're trying to take the simulation data and use only a small bucket of simulations, depending on how high you set the setting to actually use as the projections to build your lineup.

So what this ends up doing is it takes into account real possible upside of these players to build your lineup. So this is probably our biggest upside type of slider. And so, again, how much do you want our definition of upside to be into your lineups? If you're playing a GPP, you want to be considering that upside. If you're playing a satellite, you're going to want to really make sure that your lineups have a lot of high upside. If you're playing cash, again, you don't want upside. You want actually probably the most flat range of outcome player possible.

And so those are what those sliders are. Again, we have these default settings. We think they're probably the best settings typically for player playing this tournament. But then the question is, "Okay, so you have your defaults. Should I adjust these?" Our policy is we don't think you should. But here's some reasons that you might want to adjust them. And it mostly has to do with how much confidence you have in your projections.

So let's say you are not using SaberSim's projections, or maybe you do, and you're like, "Wow, these projections are really good. I'd rather just use them." Well, okay. The more that you use these factors, the more that you're going to account for less with average projections and account more with these types of stats that help you get upside. Which we think is really good. But if you want to consider your average projections more, then you might want to lower some of these settings and maybe some rules that are going to help you get the correlation you want. I mean, it's not going to do anything with upside, but get correlations that you want while keeping the integrity of these average projections.

So maybe you say, "Okay, I want at least two players from the same team." Okay. Well, if you have that, you're basically guaranteeing some correlation in your lineups. So if you want to consider average projection more, you'd say, "Okay, let's just lower this correlation score. I have these stacking roles already. I'm going to at least get a QB with a stack. Good enough for me." Maybe you could actually say at least three, so you can say, "Okay, I want to use my upward projection. I just want all two stacks." Well, in this case, you don't really have to consider correlation that much, unless you want to get those game stacks on your back.

But even, so this is going to allow you to basically consider your average projection more. Which I personally want to use this really good data, that's going to give my lineup some upside. But if you want to, for the sake of you just really trust these average projections and don't really want to mess with them at all, then you can use the stacking rule and do that.

Another thing which is something that I consider is, how contrarian are you naturally? So I'm the type of person that I make my own projections. I take SaberSim's, I take other sources and I adjust them and I make my own projections. And I lean in this way where I can't help myself, but I am just always contrarian. If someone's going to be popular, I cannot get myself to raise their projection because I just have an aversion to doing it. And if I know that someone's going to be loaned and I really like them, I just go nuts with them.

And I think the issue for me, as someone like that, is I'm already fading the field just by my nature, the nature of my projections. And so when I'm making lineups, I usually actually lower this ownership fade a bit. Sometimes I don't even consider it at all. And the reason is because I feel like my projections naturally are pretty contrarian. And what this is just going to do is this is going to double down on some of my contrarian ways and favor those players that I'm already irrationally high on. And I think that's going to be to my detriment because I still want to get a balance of lineups and I don't want to go too crazy on these contrarian plays. So that might be a reason where you say, "Okay, I'm going to lower ownership fade."

On the other hand, you might be the type of player who's like, "I always am too chalky. I hate this. I need to be more contrarian." Well, you could say, "Okay, I'm going to raise this." I think that's a valuable thing to do, is just know the projections you're using, how you like to mess with the projections and that can change how you want to use ownership fade.

And then the last thing is, let's say you're just the type of person, you're just entering the millionaire maker. And you feel like getting, A, a diversity of lineups is important to you and, B, you want some kooky lineups. You want lineups that are going to do ... Maybe not kooky. But are going to do well in one iteration of how this slate might play out. In that case, you could set smart diversity really high. These are going to give you some contrarian lineups naturally. Because it's going to be the type of lineups that are going to be ones that do well in a few simulations, but they're going to be contrarian because it's just taking account a few of the possibilities of the slate. And it's also going to give you a lot of diversity in your lineups. That's why you call it smart diversity, is it gives you upside and it also gives you diversity.

And so if you want to have a diverse array of pretty contrarian lineups, you can actually set this to pretty high and you're going to get some lineups that are definitely going to have some 1% to 5% plays or some low-end stacks. And that's just another way you can do that. But, just to reemphasize, the defaults are the way they are because we think they're the best. So we recommend you keeping those defaults. And if you really want to control it, control it. Maybe there's a certain set of defaults that you like a little better. That's totally fine. But I just want to make sure that you know and understand how these work.

And I hope you enjoyed this video. If you want to ask me any more questions, you can tweet me @MaxJSteinberg, you can find me on the SaberSim Slack channel. Otherwise, good luck.


How did we do?


Powered by HelpDocs (opens in a new tab)