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Auction Values? (1 Viewer)

Tillmanisahero

Footballguy
For Auction values, what is your strategy? I have been to the Fantasy Auctioneer website and seen their average auction values but I find it hard to translate them to my league.

I was wondering what you guys use to prepare your values for the auction?

 
For Auction values, what is your strategy? I have been to the Fantasy Auctioneer website and seen their average auction values but I find it hard to translate them to my league. I was wondering what you guys use to prepare your values for the auction?
The draft dominator can do this for you automatically.There are ways to do what the dominator does in spreadsheets as well, but it is pretty complex.
 
I use the draft dominator and VBD spreadsheet to get values pertaining to my league's scoring.

I then go to other sites to get ADP auction values and try and use this as basis for what other owners might do.

 
go to other sites to get ADP auction values and try and use this as basis for what other owners might do.
That's how I get a "ballpark" idea of what they'll go for, taking into account scoring systems, league size, etc of course.For drafting strats, do a search on "auction" on this site and you'll find plenty.....
 
For Auction values, what is your strategy? I have been to the Fantasy Auctioneer website and seen their average auction values but I find it hard to translate them to my league. I was wondering what you guys use to prepare your values for the auction?
If you don't want to use Draft Dominator or MT's method, here is the gist of what I think you need to do at a minimum to find a good set of values.1. Make a list of all the players that should be taken in the auction fantasy leaguewide. Come up with a fantasy point projection for all the players you think should be auctioned. (Hint, use a spread sheet and save yourself time in step 3)2. Determine a VBD-style value for the players. It needs to take into account that good backups have more than 0 or negative value. But guys who you think should be minimum salary players should have 0 value.3. Now some math. Determine the following: a) Add up the values of all the players to get total value. b) Find the total amount of money available leaguewide. This is equal to: (# teams) * (team cap). So a 12 team, $200 cap league has $2400. c) Subtract from b) the cost of stocking a roster with minimum price players. This gives us how much discretionary money the league has to increase player cost over minimums. So that is (result from b) - ( (# roster spots) * (# teams) * (min bid) ). So for our 12 team, $200 cap team... if you have 20 player rosters and a $1 minimum bid, you have: $2400 - (20 * 12 * $1) = $2400 - $240 = $2160. d) Now we just need to know how much a "value point" is worth in our discretionary dollars. So divide total value from a) by the total discretionary money from c). If our player value added up to 1020 value points, then we would have 1020 vp /$2160 = 0.47 vp per dollar.4) Now we know how much a value point is worth in auction dollars, and we have our projection of each player's value, we multiply the two, and add the $1 minimum bid on him back in that we already subtracted out for every player, and we have what our projections say he is worth. I.e. Peyton Manning, value of 80, so his auction price should be $1 + (80 * .47) = $37.6 or $38.A backup player with a 0 value is just: $1 + (0 * .47) = $1Now review your numbers. If you find that some of them don't reflect what your auction actually does (like if TE has higher prices for mid level guys than reality will do), you should realize that your beliefs show the player is worth more than the price. The prices you came up with are what you should be willing to bid up to get a player for right at correct value, but of course your goal is to get players for cheaper than their value.If you see players at a position going for more than you think they should, wait and eventually the price will come down. However, you do still need a starter. If you see a position, like RB. will be depleted if you wait... then it is ok to overpay, you just try to overpay less than others are overpaying for their starter... get yourself a decent starter and make up for it by spending at another position.
 
I've posted to questions similar to this in the past and I try to make it clear.

I don't think that I succeed....but, I'll try again.

First of all I do no think that putting a value on the PLAYER is the way to do it.

I put value on the POSITION and try to find a bargain to fill it.

I"ll use my league setup as an example:

In our league we bid to fill 12 positions with a cap of $120

Amongst those 12 positions you must field:

QB

RB

WR

DEF/ST

K

You can do it any way you wish. Since our league is allowed two "practice squad" moves to fill bye week positions (specifically, the DEF/ST and the Kicker) I plan to obtain only one of each. Some team opt to get 2. I'm not sure why.

My roster to be filled looks like this:

QB...........2

RB...........4

WR..........4

DEF/ST....1

K.............1

I allocate money to be spent on

QB #1 and #2

RB #1, 2, 3, 4

WR #1, 2, 3, 4

Def/St #1

K #1

It will look a bit like this:

...................1........2..........3..........4

QB..............$20....$8

RB...............$35...$10.....$3........$1

WR..............$28...$8.......$3........$2

DEF.............$ 1

K.................$1

Remember...the #1 slots are not reserved for those you get first! You may fill up all of you #'s 3 & 4 before you bid on a single #1

Now, with this system you must be able to reallocate funds on the fly.

Early in the auction it is rather easy.

Say for example, early in the auction you find yourself having won the bidding for a WR that cost you $6. You need to quickly decide.."did I over-spend for my #3 or get a bargain on my #2?". This will depend on the quality of the WR you just got. YOU have to decide and reallocate the funds.

Sometimes it is a bit tougher than others.

Say you get caught up in the bidding on a well known #1 QB and you win the bidding with a $25 bid. You need to take that $5 you overspent from another slot. All of a sudden that $8 you plan to bid on your #2 WR may drop to only $3! OR, you may split it up. That $5 you overspent may take $2 from the #2 WR slot and $2 from the #2 RB slot.

Whatever you decide to do...it is your decision and if you start with a good budget, you are already half way there.

I hope this helps

 
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Agree that you have to set your budget. $200 cap

say 2 QBs $25

5RBs $95

4WRs $70

2TEs $8

1 K $1

1 DST $1

Have a rough idea who you want to spend most of your money on in each part of your sub-budget. (eg. one better TE for $7, and one backup for $1, etc.) Know your scoring/roster requirements well. Look for values in all positions. Don't fall into a trap of having to have a certain guy. Look at tiers or groups of players you would be fine having. (eg. "I want a top RB. LT2, ADP, Westbrook or Addai would be fine with me. I expect to pay about $60 for a top guy." Don't say, "I MUST have ADP this year!") I rarely nominate someone that I want. Nominate players for bidding that you don't really want and that you think will be overvalued. This gets people to blow their money early on less desirable guys.

 

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