Life is about challenging yourself. Take a chance and try something new. If you're reading this, it likely means you are a hardcore fantasy football player. Playing against better competition will present a new challenge and change the way you think about the game.

Participating in a high stakes league is a great experience. It's a different game and nothing like a home league. Game theory, understanding draft capital, avoiding busts and managing FAAB (Free Agent Acquisition Budget) are some of the keys to success. With a deeper roster, lineup decisions become crucial, too. Most formats have 20 roster spots.

There is no trading and it's a key difference compared to home leagues. In some home leagues, there are people who will draft with...