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If you’re new to daily fantasy sports, the first thing I’m going to tell you is that “daily fantasy sports” is a pain to type over and over, so we call it “DFS”. If that was a revelation, this glossary is for you. If you have no idea what “fading Calvin Johnson in GPPs is a great contrarian play” means, you’d better read on. DFS introduces a whole new set of terms that you just won’t come across if you’ve only played in traditional fantasy football leagues. Understanding some of these terms can even be crucial to your DFS success. Many of these terms will pop up throughout the year in our weekly strategy guides, so feel free to refer back to it at any time.

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There are currently 8 names in this directory beginning with the letter P.
Pay Up / Paying Up
Spending money on the most expensive player is known as paying up in the glossary of important DFS terms. Spending a premium amount of salary on a player or position, i.e. “there isn’t much value at TE, so I’m going to pay up for Jimmy Graham.”

Pickup
A player that is picked up from the free-agent pool is known as pickup.

Player Pool
Pool of players that are available for drafting is known as the player pool.

Player Prop Bet
Refers to a line set by Vegas sports books on the occurrence or non-occurrence during a game of an event not directly affecting the game's final outcome. For example, Vegas will have a prop bet on how many receiving yards Calvin Johnson will get. These can be used to make lineup decisions.

PPR (Half Point per Reception / 5 PPR / 0.5-PPR)
A daily fantasy scoring system that awards 0.5 points per reception. Refers to the daily fantasy scoring system that grants .5 points per reception. 

Prize Pool
Prize pool refers to the total payout amount in a particular contest.

Projections
Projections are predictions for a player’s performance for the season or week.

Punt
Spending minimum or near-minimum salary on a position, usually because a position is very unpredictable or low-scoring, or because you want to fit other high-priced players in your lineup. Spending a small amount of salary reduces the impact of a bad selection, but puts more stress on the rest of your lineup to exceed value. In order to save money elsewhere, contest participants often take low priced calculated risks which are known as Punt key terminology of daily fantasy sports.
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