Blind Bidding vs. Open Bidding free agency (1 Viewer)

[aquafish82]

Which method do you prefer in free agency. I understand some like blind bidding because of the strategy and convenience, but let me offer some counter arguments in favor of open bidding.

1. Strategy. In blind bidding you could easily overpay for a guy. You bid 20, when the next highest guy only bids 5, yet you are forced to pay the 20. This seems like waste of money and trying to predict how others value a player seems more like an exercise in psychology than fantasy scouting ability.

2. Convenience. Some say open bidding like eBay where you see how much others have bid so far and only bids 1 more than the next closest guy isn't convenient or practical because people can't always be present during the same time in the free agency process, but THEY DON'T NEED TO BE. Just like on eBay, you simply look at what others have bid IN THE PAST for that particular player, put in the maximize amount you would be willing to play and the site automatically puts in only 1 more than your opponent and essentially bids for you so everybody does not to be present during the same time.

What say you?

 

[shadyridr]

i really dont wanna be on my pc hitting refresh to see if i can get a last second bid in. this is supposed to be fun not work

 

[SaintsInDome2006]

The blind bidding would be preferable, but truly you would be on your computer 5 minutes before transaction time trying to get the winning bid in, and when is that, 2:00 am for many?

I will say this negative for blind bidding though: The teams that drafted well and are winning early will have little incentive to add/drop and so will retain the largest pot in the end of the season. Personally I don't like this because it takes away the one shot some teams have at the end of the year - if they have blown the budget they are likely out of it and that's that.

 

[flc735]

i dont like the idea of a lazy owner seeing anthony brown at $64, googling him and out bidding me.

you are not suppose to talk about players that are sitting on waivers (or during the draft), unless you want to drive up the price. to me, this ebay bidding does just that

 

[flc735]

The blind bidding would be preferable, but truly you would be on your computer 5 minutes before transaction time trying to get the winning bid in, and when is that, 2:00 am for many?I will say this negative for blind bidding though: The teams that drafted well and are winning early will have little incentive to add/drop and so will retain the largest pot in the end of the season. Personally I don't like this because it takes away the one shot some teams have at the end of the year - if they have blown the budget they are likely out of it and that's that.

no. if i bid $60 and you bid $80, you will get him at $61

 

[Quibbler]

How would open bidding work? If there's a set closing time, then that would suck, because everyone has to be near their computer. Same if there's not a set closing time, but each bid only extends the auction by a short amount of time like an hour or so. And if each bid extends the auction by long enough that it isn't a pain to follow, then the whole process is probably going to take to long to be finished before Thurs games.

If your main concern is over-paying, why not just have blind bids, but only charge the winner $1 more than the next highest bid?

 

[shadyridr]

How would open bidding work? If there's a set closing time, then that would suck, because everyone has to be near their computer. Same if there's not a set closing time, but each bid only extends the auction by a short amount of time like an hour or so. And if each bid extends the auction by long enough that it isn't a pain to follow, then the whole process is probably going to take to long to be finished before Thurs games.If your main concern is over-paying, why not just have blind bids, but only charge the winner $1 more than the next highest bid?

hot waiver pickup, ill bid the max, get him for $1 more. wheres the fun in that?

 

[Quibbler]

How would open bidding work? If there's a set closing time, then that would suck, because everyone has to be near their computer. Same if there's not a set closing time, but each bid only extends the auction by a short amount of time like an hour or so. And if each bid extends the auction by long enough that it isn't a pain to follow, then the whole process is probably going to take to long to be finished before Thurs games.If your main concern is over-paying, why not just have blind bids, but only charge the winner $1 more than the next highest bid?

hot waiver pickup, ill bid the max, get him for $1 more. wheres the fun in that?

I agree completely. I think open bidding is a terrible idea.But given that the OP is interested in EBay style bidding, why not just make it blind EBay-style bidding? The problem of people bidding the max is always going to be there in any EBay style system, blind or not, so why not make it blind. That way there isn't any advantage for the guy who's checking his computer constantly.

 

[Captain Hook]

Blind bidding is the fairest, easiest way to have teams roster free agents.

I think the "Open Bidding" is a terrible idea as many have said - the fact that someone could see you are trying to make a cheap move on someone a week in advance is not fair at all

 

[just_want_2_win]

I agree with those saying nay to "open" bidding.

But what do you all prefer -- reverse order waiver wire or blind bidding? What do you consider the pros and cons of each?

I ask because I am a commissioner and would like to hear opinions about both.

 

[aquafish82]

If your main concern is over-paying, why not just have blind bids, but only charge the winner $1 more than the next highest bid?

this is an interesting idea, know of any site that offers this?to counter a few arguments so far:-you could just max bid on every playernot really, because what if a player you want gets bid up really high beyond your threshold then you are left with no free agent budget for other players later in the season-people could just constantly check their computers and bid 1 more than the next guythen have a random time when the auction ends like sometime between Wednesday 9am 9am and Thursday 5pm and this will also prevent the auction from extending every time a new bid gets put in because people won't know when to put in a last second bid-lazy players could just overpay for a hot player based on the buzz a player is getting (i.e. ANDRE brown)the buzz about players will exist no matter the style of free agency acquisition. this is the information age-open bidding is no funno less fun than paying 20 for guy you could have gotten for 1-the fact that someone could see you are trying to make a cheap move on someone a week in advance is not fair at allopen bidding theoretically will prevent a player going for too cheap or too expensive because it lets the market set the price. Blind bidding is like going to the market and not knowing the price until after you left the store (that is unfair/unjust). Open bidding is like having a price tag on an item and if you don't like it you can try another item (player)or not buy anything.that being said, I see the merits in blind bidding because it prevents artificial manipulation (e.g. somebody driving up a price of player because they have bad record and excess budget left)

 

[Johnny Blood]

There is a third option, which is continuously rolling waiver wire. It doesn't reset weekly. I think that is far superior to reverse order systems.

 

[FF Ninja]

The blind bidding would be preferable, but truly you would be on your computer 5 minutes before transaction time trying to get the winning bid in, and when is that, 2:00 am for many?

I will say this negative for blind bidding though: The teams that drafted well and are winning early will have little incentive to add/drop and so will retain the largest pot in the end of the season. Personally I don't like this because it takes away the one shot some teams have at the end of the year - if they have blown the budget they are likely out of it and that's that.

Wait, what's the problem? Don't you want to reward good drafting? Or do you want the waiver wire to be a parity mechanism?I've played in a league where the waiver wire system resets every week, giving the worst team the #1 priority down to the best team being #12. Horrible. But it did result in parity if that's what you're into. Personally, I don't like leagues set up for parity. You play to win the game.

 

[Quibbler]

I agree with those saying nay to "open" bidding.But what do you all prefer -- reverse order waiver wire or blind bidding? What do you consider the pros and cons of each?I ask because I am a commissioner and would like to hear opinions about both.

I'm in 2 leagues one a keeper league with an auction draft and blind bidding and one a redraft league with a snake draft and a rolling waiver priority list based on reverse order of standings. Everyone knows each other in both leagues, so we don't have to worry about owners dropping out, etc., which might change things for public leagues.Blind bidding is obviously more "fair" in the sense that everyone has a shot at getting players they want. So, I think it's pretty much necessary in keeper leagues. It also works well with auctions, for example, we use the amount of the waiver claim to set the base keeper value of a player claimed off waivers. Overall, I prefer it.But I don't mind reverse order of standings waivers at all. In fact, you could argue that it's more "fair" in the sense that it levels the playing field for players that are unlucky with injuries, less informed, etc.. It also takes way less work, since you generally have a pretty good sense of who you're going to get. My redraft league is pretty causal (for example, someone started Bradshaw this week--she's been travelling for work nobody texted her with a heads up), so an auction probably wouldn't work there.

 

[aquafish82]

The blind bidding would be preferable, but truly you would be on your computer 5 minutes before transaction time trying to get the winning bid in, and when is that, 2:00 am for many?

I will say this negative for blind bidding though: The teams that drafted well and are winning early will have little incentive to add/drop and so will retain the largest pot in the end of the season. Personally I don't like this because it takes away the one shot some teams have at the end of the year - if they have blown the budget they are likely out of it and that's that.

Wait, what's the problem? Don't you want to reward good drafting? Or do you want the waiver wire to be a parity mechanism?I've played in a league where the waiver wire system resets every week, giving the worst team the #1 priority down to the best team being #12. Horrible. But it did result in parity if that's what you're into. Personally, I don't like leagues set up for parity. You play to win the game.

i second that. leave socialism for venzuela

 

[BigSteelThrill]

Which method do you prefer in free agency. I understand some like blind bidding because of the strategy and convenience, but let me offer some counter arguments in favor of open bidding.

1. Strategy. In blind bidding you could easily overpay for a guy. You bid 20, when the next highest guy only bids 5, yet you are forced to pay the 20. This seems like waste of money and trying to predict how others value a player seems more like an exercise in psychology than fantasy scouting ability.

2. Convenience. Some say open bidding like eBay where you see how much others have bid so far and only bids 1 more than the next closest guy isn't convenient or practical because people can't always be present during the same time in the free agency process, but THEY DON'T NEED TO BE. Just like on eBay, you simply look at what others have bid IN THE PAST for that particular player, put in the maximize amount you would be willing to play and the site automatically puts in only 1 more than your opponent and essentially bids for you so everybody does not to be present during the same time.

What say you?

It isn't. Its exactly what you valued it at.

 

[Quibbler]

If your main concern is over-paying, why not just have blind bids, but only charge the winner $1 more than the next highest bid?

this is an interesting idea, know of any site that offers this?

No. Maybe you could have the Commissioner look over the bids after they have been processed (you can do that on most sites, I think) and then manually give back money to teams the day after waivers go through. Teams wouldn't get the money right away to use on other bids in that round of bidding (i.e. if someone starts with $100 and bids $70 on player A and $50 on player B, and wins the bid on player A, then the bid on player B would automatically fail, even if nobody else bid anything on either player), but perhaps that's not a bad thing.

 

[roadkill1292]

There is a third option, which is continuously rolling waiver wire. It doesn't reset weekly. I think that is far superior to reverse order systems.

I'm not familiar with this term. Help a brother out?

 

[atcdav]

The blind bidding would be preferable, but truly you would be on your computer 5 minutes before transaction time trying to get the winning bid in, and when is that, 2:00 am for many?I will say this negative for blind bidding though: The teams that drafted well and are winning early will have little incentive to add/drop and so will retain the largest pot in the end of the season. Personally I don't like this because it takes away the one shot some teams have at the end of the year - if they have blown the budget they are likely out of it and that's that.

when you make trades can you included waiver wire bidding dollars?

 

[BigSteelThrill]

The blind bidding would be preferable, but truly you would be on your computer 5 minutes before transaction time trying to get the winning bid in, and when is that, 2:00 am for many?I will say this negative for blind bidding though: The teams that drafted well and are winning early will have little incentive to add/drop and so will retain the largest pot in the end of the season. Personally I don't like this because it takes away the one shot some teams have at the end of the year - if they have blown the budget they are likely out of it and that's that.

when you make trades can you included waiver wire bidding dollars?

On MFL you can,.

 

[footballnerd]

Some fools have no idea who a player is until they see them purchased after blind bidding is closed. You have open bidding and you'll never have a preemptive pick up

Plus I love being able to take jabs at the guy that paid 25% for Ogletree

Another point, is that open bidding in fact waste more of your money, because in blind bidding many will possible underbid giving you the player at a price that would skyrocket if they new others were bidding so much.

 

[Johnny Blood]

There is a third option, which is continuously rolling waiver wire. It doesn't reset weekly. I think that is far superior to reverse order systems.

I'm not familiar with this term. Help a brother out?

You start with some initial waiver priority, usually the inverse of the draft order.This never resets. When you successfully claim a player, you go to the bottom of the list. So there is a cost to (successfully) claiming players and some long term strategy.

 

[hotboyz]

The way my league works bidding opens at 8am Tuesday closes at 4pm Wendesday u can bid on as many players u want til ya waiver wire money is gone. Thursday at 8am -

Open period begins and that lasts until 1pm Sunday any player u get during the free period only costs you $1 against ya FA cap

This system works great for us

 

[bigfoamfinger]

In blind bidding you could easily overpay for a guy. You bid 20, when the next highest guy only bids 5, yet you are forced to pay the 20.

This is the best part of blind bidding.

 

[hotboyz]

In blind bidding you could easily overpay for a guy. You bid 20, when the next highest guy only bids 5, yet you are forced to pay the 20.

This is the best part of blind bidding.

That's the strategy behind it

 

[roadkill1292]

There is a third option, which is continuously rolling waiver wire. It doesn't reset weekly. I think that is far superior to reverse order systems.

I'm not familiar with this term. Help a brother out?

You start with some initial waiver priority, usually the inverse of the draft order.This never resets. When you successfully claim a player, you go to the bottom of the list. So there is a cost to (successfully) claiming players and some long term strategy.

Ok, this is gonna sound really dumb but forgive me, I'm an old auction guy who's only done blind bidding for 20 years -- you only process waiver claims once a week, right? And the waiver list is the tiebreaker? If four different owners make successful claims in a week, in what order are they placed at the bottom of the list? I like the concept, I'm just not sure I understand the details.

 

[Johnny Blood]

when waivers process they go in order from the top to the bottom of the list. so the first team to win a claim goes to the bottom. then they become the second to last team on the list when the next successful claim goes to the bottom. and so on.

so in your example, the person whose claim was processed first (because they had the highest waiver priority among those who made claims) will end up 3 spots up from the bottom, the next person 2 spots up from the bottom, the 3rd person 1 spot up from the bottom, and the 4th person at the bottom.

all teams who made no successful claims will now have higher waiver priority than those 4 teams.

so nothing resets. just whenever you win a claim you go to the bottom, and then you move up the list as other people win claims and go below you.

 

[roadkill1292]

when waivers process they go in order from the top to the bottom of the list. so the first team to win a claim goes to the bottom. then they become the second to last team on the list when the next successful claim goes to the bottom. and so on.so in your example, the person whose claim was processed first (because they had the highest waiver priority among those who made claims) will end up 3 spots up from the bottom, the next person 2 spots up from the bottom, the 3rd person 1 spot up from the bottom, and the 4th person at the bottom.all teams who made no successful claims will now have higher waiver priority than those 4 teams.so nothing resets. just whenever you win a claim you go to the bottom, and then you move up the list as other people win claims and go below you.

That makes sense. I should've figured that out on my own. Thanks.