BoltBacker
Footballguy
This was discussed in the summer and I'm just curious how he did this season.
Also, I need to be a bit more conservative if my redrafts as I went non-RB-RB in all of them.
Great response JAA. Usually you only hear gamblers talk about when they win.I lost more this year than ever before as well. We win some we lose some. Good luck next year.Im not a pro, nor do I play in the WCOFF. However, Im in 12 leagues with the buyin of $1050. I incurred an additional $52 of ancillary fees and approx $75 of bonuses during the season. I made the playoffs in 7 of 12. 3 1st round bye's. 2 1st round losses, 2 2nd round losses, 2 of 3 Super Bowl wins.
It looks like I will have lost about $350 this season. This will be my worst season since I had more than 1 league. I attrinute this season to, in this order, Randy Moss, Joe Horn, and Terrel Owens. I did no hedge my bets with Horn which was a horrible mistake. I took him in too many leagues. I also have him on 3 dynasty teams IIRC. I had 1 12 team redraft in which I took Moss, Owens, and Horn with my first 3 picks. I made up with Gates, FTaylor, and TJones. How I made it to the second round of the playoffs is beyond me.
My lessons learned? Hedge your bets. While you may be able to get your targetted player in multiple leagues, dont do it in every one of them. While it may payoff, if he busts you will bust. Also, I need to be a bit more conservative if my redrafts as I went non-RB-RB in all of them.
Props to a person who comes clean. My expectation for this thead was:a. hearing from people who came out ahead, ANDIt looks like I will have lost about $350 this season.
I'm going to go on record here and guess it falls into the same category as . . .Jumbo shrimpCan anyone define what a pro-ff'er is? Just wondering if there is such a thing...
Believe it or not, I think there are actually people who do not "work" and sustain their primary income off of fantasy football alone. I think I would define that as a "pro" fantasy footballer.Can anyone define what a pro-ff'er is? Just wondering if there is such a thing...
To his credit wasn't part of his schtick he wrote a book on the subject that had been published so I suppose he made income even if all his teams lost?I was just honestly curious how he did this year. He seemed to think he knew a lot on the subject.... which doesn't mean he didn't.Believe it or not, I think there are actually people who do not "work" and sustain their primary income off of fantasy football alone. I think I would define that as a "pro" fantasy footballer.Can anyone define what a pro-ff'er is? Just wondering if there is such a thing...
Until proven otherwise I am going to chose to not believe. 4 months a year on ff and 8 months off sounds like a teachers jobBelieve it or not, I think there are actually people who do not "work" and sustain their primary income off of fantasy football alone. I think I would define that as a "pro" fantasy footballer.
In the WCOFF he appears to have gone 9-3 and won his league and $5,000. He finished 54th in the playoff bracket and out-of-the-money. $5K ain't going to go far, but I am sure that he averages this with the $180K he won a few years back....Two interesting items of note: (1) In Z-Men's league, the highest point scorer went 4-8In the fantasyvips contest he finished 54th out of 264.
On a side note, the winner of that contest won 1st and 2nd place.
I think he had 3 entries.
I play in 5 $$$ leagues with a total of $450 in entry fees. I made the playoffs in 3 of 5, lost in the 1st rd in 2 of them, and lost in the title game of 1. I won $535 (won pts and $200 in 1 league). I would never gamble thousands of dollars in fantasy football. When it becomes more of a job, that's when I get out.Im not a pro, nor do I play in the WCOFF. However, Im in 12 leagues with the buyin of $1050. I incurred an additional $52 of ancillary fees and approx $75 of bonuses during the season. I made the playoffs in 7 of 12. 3 1st round bye's. 2 1st round losses, 2 2nd round losses, 2 of 3 Super Bowl wins.
It looks like I will have lost about $350 this season. This will be my worst season since I had more than 1 league. I attrinute this season to, in this order, Randy Moss, Joe Horn, and Terrel Owens. I did no hedge my bets with Horn which was a horrible mistake. I took him in too many leagues. I also have him on 3 dynasty teams IIRC. I had 1 12 team redraft in which I took Moss, Owens, and Horn with my first 3 picks. I made up with Gates, FTaylor, and TJones. How I made it to the second round of the playoffs is beyond me.
My lessons learned? Hedge your bets. While you may be able to get your targetted player in multiple leagues, dont do it in every one of them. While it may payoff, if he busts you will bust. Also, I need to be a bit more conservative if my redrafts as I went non-RB-RB in all of them.
Thanks for the update. Was that $5,000 after the entry fee was taken out(profit) or $5,000 total? Either way it's pretty impressive. He also entered in multiple leagues so he very well may have made out well for the year. Would really be interested in hearing how he did.Thanks for the honest critique of the book. This guy got raked over the coals last summer but it sounds like he has a pretty good reason to sound a little cocky.In the WCOFF he appears to have gone 9-3 and won his league and $5,000. He finished 54th in the playoff bracket and out-of-the-money. $5K ain't going to go far, but I am sure that he averages this with the $180K he won a few years back....
$5k total so $3.5k net.i will be going pro next year.Thanks for the update. Was that $5,000 after the entry fee was taken out(profit) or $5,000 total? Either way it's pretty impressive. He also entered in multiple leagues so he very well may have made out well for the year. Would really be interested in hearing how he did.Thanks for the honest critique of the book. This guy got raked over the coals last summer but it sounds like he has a pretty good reason to sound a little cocky.In the WCOFF he appears to have gone 9-3 and won his league and $5,000. He finished 54th in the playoff bracket and out-of-the-money. $5K ain't going to go far, but I am sure that he averages this with the $180K he won a few years back....
$5K payout; so he netted about $3500 after the entry fee. Less if you include the ancillary costs associated with going to Vegas.I think he gets raked over the coals more for his ego than anything else. You gotta respect his skills.Thanks for the update. Was that $5,000 after the entry fee was taken out(profit) or $5,000 total? Either way it's pretty impressive. He also entered in multiple leagues so he very well may have made out well for the year. Would really be interested in hearing how he did.Thanks for the honest critique of the book. This guy got raked over the coals last summer but it sounds like he has a pretty good reason to sound a little cocky.In the WCOFF he appears to have gone 9-3 and won his league and $5,000. He finished 54th in the playoff bracket and out-of-the-money. $5K ain't going to go far, but I am sure that he averages this with the $180K he won a few years back....
He won 37k in two years in the WCOFF, not 180k, big difference. Another 5k this year, not excellent, but not bad by any means. After the entry fee and expenses, he is probably up about 3k.I entered the WCOFF this year as well, and lost my league championship game by two points 125-127. So, I came out with $1,500, I'm not complaining though, it was my first year, and ended up being in one of the most competitive leauges in the contest. The team that I lost to ended up placing 4th OVERALL, and took home a total of 20k, not too bad at all.In the WCOFF he appears to have gone 9-3 and won his league and $5,000. He finished 54th in the playoff bracket and out-of-the-money. $5K ain't going to go far, but I am sure that he averages this with the $180K he won a few years back....Two interesting items of note: (1) In Z-Men's league, the highest point scorer went 4-8In the fantasyvips contest he finished 54th out of 264.
On a side note, the winner of that contest won 1st and 2nd place.
I think he had 3 entries.; (2) The overall winner of the WCOFF had both LJ and Shaun Alexander.
[i have read his book and think it is pretty good & no I am not a paid endorser for him. I agree that his ego seems a little out of hand - I only read his book because I am a voracious reader, and, believe it or not, it is the only book on FF on the market....]
Edit: It is amazing how quickly this thread got hijacked to "How did you do in FF this year?"
I find there is not much difference between 12 leagues and 5 leagues. Once you have more than about 3, you know just about every player in the league, news, etc. At that point, its really only about pressing news of the week, waiver pickups, trades, etc. Honestly, I dont feel any difference from 5 to 12 leagues. For me, the most active time is right before the NFL draft, right after the NFL draft, and during training camp/preseason. This is when most trades in dynasty leagues go down.I play in 5 $$$ leagues with a total of $450 in entry fees. I made the playoffs in 3 of 5, lost in the 1st rd in 2 of them, and lost in the title game of 1. I won $535 (won pts and $200 in 1 league). I would never gamble thousands of dollars in fantasy football. When it becomes more of a job, that's when I get out.Im not a pro, nor do I play in the WCOFF. However, Im in 12 leagues with the buyin of $1050. I incurred an additional $52 of ancillary fees and approx $75 of bonuses during the season. I made the playoffs in 7 of 12. 3 1st round bye's. 2 1st round losses, 2 2nd round losses, 2 of 3 Super Bowl wins.
It looks like I will have lost about $350 this season. This will be my worst season since I had more than 1 league. I attrinute this season to, in this order, Randy Moss, Joe Horn, and Terrel Owens. I did no hedge my bets with Horn which was a horrible mistake. I took him in too many leagues. I also have him on 3 dynasty teams IIRC. I had 1 12 team redraft in which I took Moss, Owens, and Horn with my first 3 picks. I made up with Gates, FTaylor, and TJones. How I made it to the second round of the playoffs is beyond me.
My lessons learned? Hedge your bets. While you may be able to get your targetted player in multiple leagues, dont do it in every one of them. While it may payoff, if he busts you will bust. Also, I need to be a bit more conservative if my redrafts as I went non-RB-RB in all of them.
Are you going to pay taxes on that? I believe anything over $1,199 in gambling winnings you are required to pay taxes on. Or is that not considered gambling? Maybe it skirts the tax laws because of contest status?$1450 entry WCOFF -------------------- Lost LCG - win $1500 -------------------- NET +$50
$1200 entry NFFC ---------------------- Most Pts in League - win $2500 ------- NET +$1300
$950 entry Antsports $1000 League -- SB Champ - win $6250 ---------------- NET +$5300
$950 entry Antsports $1000 League -- Placed 4th - win $400 (+200 bonus) - NET -$350
$460 entry FantasyVIPs ---------------- Out of the money ------------------------ NET -$460
Total entry $5010 ----------------------- Total Win $10850 ------------------------- Total NET +$5890
I missed out on a lot of potential playoff prize money in WCOFF, NFFC and one of the Antsports leagues, but overall, a fairly succesfull season.
Exactly. My wife points this out all the time.Ok, then based on my calculations and the data various have posted here, I have come to the following conclusion:
Fantasy Football pays approximately $.07/hour.
Not sure what EXACTLY you are asking but we are all required to report all our earnings to the IRS, whether from gambling winnings or not.Are you going to pay taxes on that? I believe anything over $1,199 in gambling winnings you are required to pay taxes on. Or is that not considered gambling? Maybe it skirts the tax laws because of contest status?
But isn't that sort of like saying:a. having sex, OROk, then based on my calculations and the data various have posted here, I have come to the following conclusion:
Fantasy Football pays approximately $.07/hour.
I'm pretty sure the $1,199 is correct. At least I know this is correct for most Casino games. You don't have to report jackpot winnings less than $1,200. Just google $1,199, IRS, TAX, GAMBLING. Whether or not this applies to fantasy football as well, I don't know.Not sure what EXACTLY you are asking but we are all required to report all our earnings to the IRS, whether from gambling winnings or not.Are you going to pay taxes on that? I believe anything over $1,199 in gambling winnings you are required to pay taxes on. Or is that not considered gambling? Maybe it skirts the tax laws because of contest status?
while this is true, i was surprised how poor the competition really is there.this makes up for that fact.I will be raising the ante in '06 by competing in the WCOFF. Not really doing it for the money though, as the payout and format are lousy IMHO.
Not sure what EXACTLY you are asking but we are all required to report all our earnings to the IRS, whether from gambling winnings or not.Are you going to pay taxes on that? I believe anything over $1,199 in gambling winnings you are required to pay taxes on. Or is that not considered gambling? Maybe it skirts the tax laws because of contest status?
Everybody has to pay taxes. Even businessmen, who rob and cheat and steal from people everyday, even they have to pay taxes.