Every player’s price will start at the dollar value of their projection (1 FP always = $.10), and the prices will move based on the market, the higher the demand, the higher the price, but don’t worry – you can always short them!
At playbook, we have created our own projection models that are more accurate than the majority of providers out there. Remember you can always Buy or Short a player when you feel they are over/under valued or projected!
Payouts/share are simple, you always earn directly based on a player’s performance. Remember 1 FP (fantasy point) always = $.10. For example if your player scores 30 FP he would payout $3.00/share (30 FP x $.30). If he scored 10 FP he would payout $1.00/share (10 FP x $.10). See below to understand the difference between Buying and Shorting.
Playbook uses the PPR ( +1 Point Per Reception) scoring format, checkout the “Scoring” page under “Learn More” for additional information.
When I buy a player I am purchasing a share that will payout based on their in-game performance for that particular week. If I Buy 1 share of A.Kamara at a price of $1.50 that means I believe he is going to have a good or great performance for his upcoming game and earn more back in fantasy points than what I put in (a price of $1.50 is equivalent to a 15 point fantasy performance, since 1 FP always = $.10). If A. Kamara had a below average game and scored 13 FP, I would receive back $1.30/share, a small loss of $.20 (-13%) on my investment. If he had a strong game and scored 28 FP I would receive back $2.80/share and have a profit of +$1.30 per share (+87%). It’s that simple.
When I short a player I am purchasing a share that will payout based on their in-game performance for that particular week. If I short 1 share of A.Kamara at a price of $1.50 that means I believe he is going to have a poor performance in his upcoming game and earn less back in fantasy points than what I put in (a price of $1.50 is equivalent to a 15 point fantasy performance, since 1 FP always = $.10). If A. Kamara had a below average game like I expected and scored 9 FP – earning just $.90, I would earn back $2.10/share, for a profit of $.60 (+40%). Why? Well if he only scored 9 FP, earning $.90/share, then I make the difference (like conventional stock shorting) between the initial price ($1.50), and his final price/earning ($.90) which is $.60, meaning the total I receive back—my total payout/share—would be $2.10 (+40%). If Kamara had a solid performance and scored 18 fantasy points, earning $1.80/share, I would receive back $1.20/share, a small loss of $.30 (-13%) on my investment had I shorted a share in him. Why? If I had shorted him at $1.50/share, banking on him having a poor performance, and he outperforms the initial short price by 3 points ($.30), then I would lose that difference and it would be reflected in my final payout/share of $1.20.
Yes! Prices will move based on Market Demand. You may find a player that initially began at their projection price, to move slightly up or down, based on the market! For example, Patrick Mahomes was IPO’d week 2 at the price of $2.30 (in line with his projection of 23 fantasy points), there was then significantly more demand for buying Patrick Mahomes than shorting him, so his price moved up to $2.35. It may then move back down as more users see a better opportunity to short him at the higher price. Nothing changes but the price—never forget 1 FP always = $.10, his payout/share will be exactly what he earns in fantasy that week!
The Player Markets open 2 days before the NFL games begin. For Sunday (and Monday night games), the markets will open Friday morning at 8am ET. For Thursday night games, the markets will open Tuesday morning at 8am ET. Buy or Short your favorite players all the way up until game-time!
Yes! Each week you wish to participate in the Player’s Market(s), you must have a minimum of 1 share (buy or short) in 2 different players on different teams. For example, if you love Christian McCaffrey you can purchase 100 shares of McCaffrey, while just 1 share of say, Patrick Mahomes—this would meet the minimum requirements. Why are these requirements in place? To maintain DFS compliance so we can offer you this awesome product
At playbook, we first seek to match all buy and short orders between players and then operate as the market-maker in order to provide liquidity when we can’t find a match for you. We do this in order to always provide you with the option to Buy or Short your favorite players at the best available price
If you bought or shorted a player and he becomes injured or his status is updated to “Out,” before the game begins, we will automatically refund your purchase. If they become injured or “Out” during the course of the game, then shares will pay out according to their in-game performance.
Right now playbook only offers shares for single-game events—all shares are paid out at the end of each game. Users do not hold their shares for more than one game. In the future, we will look to add more options for you!
Currently we are available in 27 states and are expanding fast!
We currently only offer markets for NFL football but will be adding NBA Basketball, MLB
Baseball, and NHL Hockey real soon.
No! We’ve got your back. At playbook, we cover any excess overage from your initial price to the price the player paid out. So if you shorted A. Kamara at $1.50/share and he had a CRAZY 35 FP outing (Earning $3.50/share), you would lose your initial $1.50 stake, but nothing more
There is a 2.25% fee when buying or shorting. Why? In order to keep operating we have to charge a small fee to make sure the market stays equitable and liquid for all and we are able to pay you out when your players kill it on the field! Remember, playbook’s fees are 5x lower than those you endure when entering DFS contests (10-14% Rake) or Sports betting (10% Vig).
You must have tried to buy from a newly available market, which wasn’t available when you bought your current players! In order for us to stay compliant, you must fill the 2 player requirement when you purchase from a newly available market. For example, if there are 4 markets available across Sunday, Monday, and Tuesday – I am compliant for all 4 of these markets by buying 2 players in or across any one of them. If a 5th Market is released for Wednesday night, I must once again ensure I have bought an additional 2 players to participate in Wednesday night’s market, however I could buy these players from any available markets to fulfill the requirement.
We do not currently offer live trading, but it’s in the works!
The Stack is where you are able to see the players that your friends, experts, and other users bought or shorted each week. The Stack not only allows you to view these picks, but enables you to act on them—you can easily Ride, go with, or Fade, go against, your friend’s, favorite personalities, or expert picks in just 2 clicks. We’ll be sure to notify them of their good (or poor) decision making.
When you Ride with your friend’s player pick, you are going with their pick – if your friend Jake bought Lamar Jackson at Houston, you will be able to Ride with him by simply clicking “Ride” on the pick in the Stack or in his profile. This will prompt you to then select the number of shares and whether or not it will be Public, to your Friends, or Private to just him. We’ll make sure he knows your Riding with him. This is especially helpful for keeping up with your elite-level fantasy football friend’s and experts and letting them know you’re in it together.
When you Fade your friend’s player pick, you are going against their pick, taking the opposite position – if your friend Mike bought Cam Newton at Seattle, you will be able to Fade him by simply clicking “Fade” on the pick in the Stack or in his profile. By Fading your friend who bought Cam Newton, you will be shorting him for his upcoming game. This will prompt you to then select the number of shares and whether or not it will be Public, to your Friends, or Private to just him. We’ll make sure he knows you’re Fading him. This is especially helpful for making some money on those league losers who always find a way to consistently screw up.
Absolutely, just click on their icon or name to be brought to their profile. Here, you will be able to check-out their playbook for the week (if they allow access) and buy/short their players directly from there, or see their individual Stack below and Ride or Fade their picks. NOTE: You can only see the players they are holding, you can not see the dollar amounts or number of shares they purchased.