Abstract
The Daily Fantasy Sports industry has recently skyrocketed. Led by powerhouses FanDuel and DraftKings, the industry is estimated to be worth over a billion dollars. The games themselves have been declared "skill games," meaning there is an underlying strategy behind Daily Fantasy Sports. This anomaly can be seen simply by that fact that only a few top players typically win most of the cash prizes. In this project we provide a deep exploration into the data science that lies behind choosing a team in Daily Fantasy Football. With team salary restrictions, Daily Fantasy Sports present an interesting optimization problem: users must make difficult decisions on which players to play on a given week. We investigate these decisions using analytics and machine learning to both model and analyze past data. The main goals of the investigation are to gain a better understanding of what statistics best predict player performance and find how we can produce the team to give contestants the best chance to profit. Through the investigation, we present our findings on the impact of past player performance, salary cost, and past opponent performance on a player's future performance. Finally, we develop models to choose teams based on these statistics and evaluate the models in a simulated Daily Fantasy Sports environment.
Advisor
Pasteur, R. Drew
Second Advisor
Visa, Sofia
Department
Computer Science; Mathematics
Recommended Citation
Maley, Conor R., "Evolving Monkeys into Sharks: an Analysis of Daily Fantasy Football Strategies" (2017). Senior Independent Study Theses. Paper 7757.
https://openworks.wooster.edu/independentstudy/7757
Disciplines
Artificial Intelligence and Robotics | Statistics and Probability
Keywords
Fantasy Football, Daily Fantasy Football, FanDuel, DraftKings, Genetic Algorithms, Data Analysis
Publication Date
2017
Degree Granted
Bachelor of Arts
Document Type
Senior Independent Study Thesis
© Copyright 2017 Conor R. Maley