Time to see if my gamble of going heavy on Week 5 byes pays off.  I've got $89 on bye (36% of my whole roster budget).  If my expected remaining starters produce what they have been averaging, I'll score just under 147 points, hopefully they can pull that off!  Average scores through 4 weeks and expected starters bolded.  Chase Brown and Nick Chubb as my only hopes at RB is a scary thought...
QB Jared Goff - $16    24.89
QB Jordan Love - $15    bye (25.8)
 
RB Bijan Robinson - $37    bye (19.85)
RB Chase Brown - $26    8.05
RB Braelon Allen - $10    4.08
RB Nick Chubb - $8    8.22
RB Keaton Mitchell - $4    0.00
 
WR Courtland Sutton - $19    15.65
WR Calvin Ridley - $16    6.02
WR Rome Odunze - $15    bye (19.9)
WR Emeka Egbuka - $10    17.78
WR Tre Tucker - $5    15.85
WR Keenan Allen - $5    16.28
WR Elic Ayomanor - $2    9.78
 
TE T.J. Hockenson - $18    9.25
TE Tucker Kraft - $15    bye (14.7)
TE Tyler Warren - $14    15.35
 
PK Cam Little - $4    9.40
PK Chris Boswell - $4    bye  (9.75)
 
TD Kansas City Chiefs - $4    7.00
TD Atlanta Falcons - $3    bye (5.5)
		
		
	 
The amount of cap money on bye for any given week is actually irrelevant unless it closely mirrors the percentage of  your projected fantasy points that are on bye that week.   In other words, the amount of cap money spend on those players is only indicative of the ability of those players to score points to the extent that their cap number is set exactly proportional to their projected fantasy point production.   Most of the higher priced (stud) players are overpriced, and you can verify that by looking at their projected points and dividing by their cap number.  If you happen to have mostly stud (overpriced) players on bye in a given bye week, odds are that you actually have less of your projected ability to score points than the dollar amount would indicate, because you overpaid for those players.  
If you look at the entire field of players for any of the positions, you'll always find that overall, you are getting less projected fantasy points per cap dollar from players at the top of the list, compared to the players at the bottom of the list.   You can use this information to identify value players, by comparing their projected fantasy points per cap dollar.  This has always been standard procedure for me when I am constructing a lineup. 
With nothing better to do when I read your post, I wondered what percentage of your projected fantasy production would actually be on bye in week 5.  So I went back to the last published stat projections using the consensus of the 7 FootballGuys gurus that I use for that, and here's what I found: 
The grand total of your roster's projected fantasy points for the entire season is 3,787 points, and you have 1,313 of those projected points out of bye in week 5.  That comes out to 34.67% of the total.  So in this particular case, your cap dollars on bye (35.6%) actually does closely resemble the amount of projected points that are out on bye, assuming you consider the FootballGuys stat projections to be reasonably accurate.   
Other risk factors to consider are the fact that there are 4 NFL teams (or 12.5% of the league) on bye in week 5, so we might expect the total number of fantasy points scored by all players of all teams to be  less than a normal week, likely resulting in a slightly lower cut line compared to a week with no teams on bye, which helps offset the number of players that your particular roster has on bye.   Additionally, although 20% of the entries will be eliminated in week 5, that's a lot better scenario than if you had the same number of players out on bye in a later week when 30% or 40% of the entries will be eliminated.  It's good to front load your bye weeks as much as possible and I have gone through pains to do that myself with my roster.
Comparing your stats to those of my own roster,  my total team projected fantasy points for the season is 4,702 and I have 4 players totaling 873 projected points (or 18.6% of my projected point total) on bye in week 5.  But in cap dollars, those 4 players only make up 16% of my team's total of $250 cap dollars spent.  If I was only considering cap dollars, I might not have realized that week 5 is a little riskier than the cap dollars indicate. 
Looking at the context of which players we each have on bye, you are probably at a slight disadvantage in that you have 4 skill players (QB, RB, WR, TE) on bye, plus one each of Kicker and Defense.  Among them are your QB2, RB1, WR3, and TE2, which represent players that you likely expect to count most weeks.  And you only have 1 additional player active in week 5 at both PK and DEF , so you only have 2 chances to get 2 scores at PK and DEF in week 5.  Whatever they score is all you'll get.
In my case, I have only 3 skill position players on bye (QB, WR, TE),  including my QB1, WR3, and TE3 and note that through the first 4 weeks, my QB1 has counted 3 of the 4 weeks, while only one score has counted from the WR3 and TE3 combined through the first 4 weeks.   So hopefully I will not be missing much from having the WR3 and TE3 on bye.  Additionally I have 2 additional kickers and all 3 defenses active in week 5, so I have 5 chances to get 2 scores at PK and DEF. 
All that said, anything can happen and I might every well get eliminated next week, while you may move on to week 6.  But at least I played the numbers and did my best to take the road that provides the best mathematical chance to survive.   Calculating this is the kind of stuff that happens when we are bored and have 3 days to wait  until the next football game.
 until the next football game. 
Good luck in week 5 
		 
		
	 
Nice post 
@Puppies.  I'll take a swing at this using the same logic.  I have the following player positions on bye:  QB1, RB1, WR2, WR3, PK, TD.  Total roster projections based on initial draft is 4,241 points and I have 6 players on bye totaling 1,131 points or 26.7% of my available points.  In cap dollars, that represents 28.4% of my rooster.  Doesn't sound too bad.
While this is good, I think we should modify it slightly to include players that are out in addition to bye weeks to account for total risk.  In my context, I also have George Kittle and Graham Gano (and potentially Pearsall) who also won't count fopr me this week.  Adding them to the equation brings me to a total of 1,488 points missing this week (35% of available points) and a total of almost 40% of my rooster cap.  Ruh roh shaggy.
Now let's add another layer and average the points for each person in the available rooster and then take the top players for each category and flex.  Using the average of my players at each position, I am projected to score 124.49 points this week.  Rough.  Using FBG projections, my projected points are 120.27.  Definitely heading the wrong direction here.
So what does it all mean?  It means I need Trevor Lawrence, Calvin Ridley and Chase Brown to show up this week.  LFG Boys!   


