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Junkie Jargon

Fade

To avoid a particular player.


Floor

A golfer’s downside or the minimum number of points you could expect.


GPP

Guaranteed Prize Pool. A contest that will pay out the specified prize even if it does not have the targeted number of entrants. These generally contain the largest prize pools but only pay the top 10-25% of the field.


Hedge

Reducing risk in your lineups/betting ticket. You’re reducing risk, but also upside.


Line-Up Lock

The time line-ups are no longer editable, even for later games. The time the first game starts in a contest.


Multi-Entry GPP

A large-field tournament that allows a player to enter multiple line-ups up to a specified cap. A player can either hedge their exposure by creating multiple line-ups or submit the same lineup multiples times.


Overlay

When a GPP does not fill to capacity, the company has to make up the difference between the guaranteed prize pool and the amount of funds they actually took in.

  • Ex: A $100,000 GPP with a $200 entry fee requires 500 contests to reach its target “prize pool.” If only 400 enter the host company would have to make-up the difference ($20,000).

Ownership Leverage

Having a low owned golfer(s) in large tournaments giving you leverage on other entries in the event that golfer plays well.


Paying Up

Selecting a top-priced or expensive player regardless of their $ per point projection.