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Auction Strategy: WHEN to buy (1 Viewer)

In auctions, it is almost universally the case that there will be bargains to be had in rounds 10 and higher when people run low on money and become more conservative. I've been thinking about ways to take advantage of this in regards to WHEN you buy your players and I've come up with two options:

1) Nominate the players you want EARLY and OFTEN. Get the big-ticket guys for your squad before round 4, then wait it out for several rounds. You'll already be in the position of forced conservative spending, so you'll be less likely to splurge in the mid-rounds. As an example, you could spend big on Manning, Tomlinson, Fitzgerald, and Gates early on (totalling about 75% of budget for typical setups) and then wait until later to fill slots with value players. This way, you aren't tempted to spend 15-20% of your budget on some of the second tier players, whom I think might have more risk per capita than the steady producers above.

or

2) Don't buy anything at all early on, and nominate either high-$ players you don't want or defenses/kickers. This way, you'll have enough buying power to set the tone for bidding in rounds 6+ when players like Kevin Jones, Reuben Droughns, and Donald Driver tend to slip. This will only work if you have an idea of what kind of players you're bidding against (whether or not they rank players the same way as you do). If everyone targets the same guys that you would, then they'll likely be saving money for when those players are up for bid anyway and so WHEN the player is put up for bid becomes irrelevant.

I am personally strongly leaning towards the first strategy of buy early and often the players you want, then wait it out for value late in the auction to fill the roster.

The idea of buying players at a steady pace all through the auction just seems to be a route to getting mediocre players, at least from my mocks.

Is there anything to this, or am I just imagining trends that don't exist?

 
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I tend to agree with you. I think you have to target the stud players that you want and be willing to spend for them, ESPECIALLY if, like me, you're in a keeper league. I had to have a #1 RB, and Rudi was about the only guy available (guys keep LT2 for silly money just to make sure they've got him), so I had to go all out, and ended up paying about what I'd expect. However, in my league, if you have Manning, LT2, Fitzgerald, and Gates, you've got IR'd Dom Davis as your #2 RB. No way could I get all of that...

Matt

 
I tend to agree with you. I think you have to target the stud players that you want and be willing to spend for them, ESPECIALLY if, like me, you're in a keeper league. I had to have a #1 RB, and Rudi was about the only guy available (guys keep LT2 for silly money just to make sure they've got him), so I had to go all out, and ended up paying about what I'd expect. However, in my league, if you have Manning, LT2, Fitzgerald, and Gates, you've got IR'd Dom Davis as your #2 RB. No way could I get all of that...Matt
just going by the average auction values nowadays. for a $200 redraft, LT is $75 | Fitz $38 | Manning $42 | Gates $28 = $183. that's 91% of the total budget, so I am certainly a bit off in my calculation. Minus Gates from it, it's $155 or 77.5% of total budget, which is closer to the value I was basing it off of.
 
In auctions, it is almost universally the case that there will be bargains to be had in rounds 10 and higher when people run low on money and become more conservative. I've been thinking about ways to take advantage of this in regards to WHEN you buy your players and I've come up with two options:1) Nominate the players you want EARLY and OFTEN. Get the big-ticket guys for your squad before round 4, then wait it out for several rounds. You'll already be in the position of forced conservative spending, so you'll be less likely to splurge in the mid-rounds. As an example, you could spend big on Manning, Tomlinson, Fitzgerald, and Gates early on (totalling about 75% of budget for typical setups) and then wait until later to fill slots with value players. This way, you aren't tempted to spend 15-20% of your budget on some of the second tier players, whom I think might have more risk per capita than the steady producers above.or2) Don't buy anything at all early on, and nominate either high-$ players you don't want or defenses/kickers. This way, you'll have enough buying power to set the tone for bidding in rounds 6+ when players like Kevin Jones, Reuben Droughns, and Donald Driver tend to slip. This will only work if you have an idea of what kind of players you're bidding against (whether or not they rank players the same way as you do). If everyone targets the same guys that you would, then they'll likely be saving money for when those players are up for bid anyway and so WHEN the player is put up for bid becomes irrelevant.I am personally strongly leaning towards the first strategy of buy early and often the players you want, then wait it out for value late in the auction to fill the roster.The idea of buying players at a steady pace all through the auction just seems to be a route to getting mediocre players, at least from my mocks.Is there anything to this, or am I just imagining trends that don't exist?
If you have targeted a bona fide stud (Peyton, LJ, Chad Johnson, etc.) I see nothing wrong with spending the $$$ it takes to nab him. However, for every top 10 player at every position, most of these guys will go for too high a price. For example, in my recent Dynasty auction, Edge went early for $33, whereas Warrick Dunn was nabbed many picks later for only $14. If you are playing in a pure shark league, you won't see such a disparity. But in many leagues, the big names almost always sell for too much. Let your fellow owners overspend on the "studs" while you snag solid value for less.
 
In my league, for some reason, people tend to not spend on the big names early on. They keep passing on good players hoping that bargains will present themselves later on. Then the last decent player of a tier will get nominated and everyone realizes it's their last chance to own a quality player, and that player goes for way more than they should. I've seen it happen over and over. That's my experience in my league FWIW.

 
I think you need to spend money on studs early, avoid the middle part of the draft when the really conservative guys have a ton of money and overpay for medium range players, and then pick for value late along with cherrypicking some sleepers along the way.

 
This topic doesn't come up enough, and is an excellent topic for discussion.

Personally, I try to avoid the middle as much as I can. However, bargains can sometimes be had at the beginning of the auction when owners are getting acclimated/adjusted/feetwet, at least in the two leagues I attend auctions in. This may be totally different in others, of course. I tend to buy 1-2 top players early (we have 3-4 keepers) and then hold out for dollar guys. The $12 receivers ($200 cap) tend to be the same guys as the $1 receivers.

This year, I ended up not sticking with the plan very well, and missed out on some bargain shopping, but that's definitely the best way to go, IMO.

But the middle of an auction is mostly for suckers. That's when I nominate the Keyshawn Johnsons of the world, and bring out early kickers to sponge a few extra bucks out of the pool before the bargains begin.

 
But in many leagues, the big names almost always sell for too much. Let your fellow owners overspend on the "studs" while you snag solid value for less.
Good point. But...you still need to make sure that you have some quality players on your team. There can be a fine line between waiting for value and ending up with nothing if you're not careful. Matt
 
Of the two options in the original post, I say go with #1.

There will always be some tool who wants to pay too much for Kevin Jones ruining your plan. (I should know. I spent $30 on him as my #4 RB, taking a starter away from a team which only wanted to go $29.)

 
I think the safest route is to get a couple of stud RB's early. I'd target guys like R. Johnson and FWP early because I think it much more likely then other guys in their tiers to go for less then their actual market value. If you have to overpay a little do so. Overpaying for studs won't kill you. Overpaying for middle-tier guys will.

 
Ya that was the route I took this year and ended up with precisely Rudi and FWP. Our league goes nuts on the top 10 running backs with several going for over 50% of the bankroll. You want to look for value but you also don't want to get stuck with a whole team of "middle-o-the-road" players just because you got "value" in them. I think the best approach is to get a couple of stud RB's and then wait till the end and fill in the rest of the spots.(I consider Rudi/FWP at least semi-studs) I paid the same amount for these 2 as 1 owner paid for LT alone. Maybe splurge a little on the QB (especially if your league has 6 pts for all TD's ect. if not than splurge on 1 decent WR.)...if you have some money left.

 
good topic... so many auctions just seem to nominate the top 40 oa in order I always like to throw some wrinkles in there.

When you have an auction keeper league I find it's best to keep $$ late for those sleepers that might be good keepers next year throwing em out early or mid means more owners will be able to bid on them.

 
Our league just switched to an auction draft this past week. I got LT during the first round and picked up a couple of more players early on. Then I waited a long time to make another purchase. There were lots of good values left on the board at the end. Next time I'll save even more money for the end.

I don't like the prices paid for RBs 4-10. For $10-$15 more, you could have had one of the studs instead of a bunch of question marks.

 
Great topic.

The obvious answer is to buy whenever value presents itself. Could be early, could be late.

I screwed up in my most recent auction by not picking up Lamont Jordon early. Nobody wanted to bid him up (myself included) because he was the second RB nominated and everyone was saving their $$ for the other big name RB's. Big mistake since he ended up going for $40 less than the other backs I had in his tier.

Dodd's auction article provides a great strategic roadmap for auction success. I used it with great success in our auction last week. I'd urge all subscribers doing an auction to check it out.

NW

 
But in many leagues, the big names almost always sell for too much. Let your fellow owners overspend on the "studs" while you snag solid value for less.
Good point. But...you still need to make sure that you have some quality players on your team. There can be a fine line between waiting for value and ending up with nothing if you're not careful. Matt
Certainly. I'm saying that the top 6-10 players at every position can be had for a reasonable price compared to the top 1 through 5.
 
I just had to pass along a great auction strategy a guy in my league had today: keep drafting QBs.

1 pt for 25 yards passing, 6 for tds and you start one guy.

$100 Cap for 17 players

Guy kept Palmer For $8

Guy bought Peyton Manning for $21

Guy bought Michael Vick for $8

Guy bought Jon Kitna for $1

Buy bought Drew Brees for $3

$40 on QBs.

:unsure:

 
Phenoms Epsilon 50 - 12 team redraft $200 cap was today. Epsilon has 0.5 ppr for RB and 1.0 ppr WR/TE. Start QB/RB/2WR/TE/2Flex (RB or WR)/K/D. 18 roster.

I'm not sure why but there was approx. $46 unspent which certainly helped me with my later round picks.

I bought first nominated player LJ for $78, then Chad Johnson early for $49. followed by Fitz for another $40.

$167 (83.5%) of my cap on 3 players very early. Disaster or good value for ppr league?

It turned out my wr est prices were higher than most everyone else.

This certainly isn't 'perfect auction' material but it shows you need to be able to adjust if you jump on what you perceive as value early.

My final roster looks like this:

QB: Brees/B Johnson

RB: L Johnson/K Faulk/Buckhalter/Haynes/Toefield/Betts

(remember I only have to start 1)

WR: Chad Johnson/Fitzgerald/Galloway/T Taylor/Curry

TE: LJ Smith

K: Reed

DT: Sea / GB / NE

I know this is very risky strategy but I play in 10+ lgs and like trying different strategies, especially in auctions. I'll need some luck with RB injuries to find a 2nd starter and QB waiver help all year likely but if I make the playoffs I like having potentially 3 of the top 10 OA scoring players.

comments on my strategy?

 

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