Monday, March 23, 2009

Welcome To Draftbug Millionaire

Welcome to Draftbug Millionaire, where we'll be following the exploits of a group of fantasy sports players seeking to 'go pro'. We're still working out many of the details, but the basic idea is a group of fantasy sports enthusiasts, starting with small bankrolls, will seek to earn enough money playing in daily fantasy sports contests on Draftbug to support themselves. We're going to 'cheat' a little though, and allow them to earn a portion of their income through any revenue that this blog generates. This project is going to have a 'rolling start'...I'm eager to get going, but we're missing a few things right now, like participants, 'rules', goals, and more. For now, let's assume that the goal will be to earn $25,000 per year (pre-tax) from contests, as well as whatever referal earnings this site can bring in. This is kind of arbitrary, but my goal will be to have 5 people participate. Last year, I came in 1st out of more than 40,000 people who participated in Rotohog Fantasy Baseball. My primary edge over other contestants was my ability to evaluate daily player projections using Sabermetric concepts. That's the same skill needed to excel in contests at Draftbug, so I'm planning to closely collaborate with the future 'Draftbug Millionaires' and provide extensive coaching. You don't need to be a fantasy sports expert to participate in this venture, but you do need to have a similar statistically-minded view of the world, and you'll need to be willing to write blog posts on a regular basis. You'll also need to be willing to make a small initial deposit into Draftbug...something on the order of $50 (which I'll supplement with an additional $20 or $25).

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