The Audible - Auction Strategy Special (1 Viewer)

[Cecil Lammey]

http://podcast.footballguys.com/2009/Footb...009-Vol156a.mp3

In This Episode: Cecil Lammey and Sigmund Bloom discuss strategies when playing in an auction league. Topics Include - how to properly budget your money, why you need to keep track of every teams cap during the auction, how to handle your choice for nominating the next player up for bid, plus more!

enjoy!

subscribe to The Audible on Itunes, it's free!

Follow The Audible on Twitter!

Check out our sponsors!

FFOC

Fandraft

Titlecraft Trophies

 

[the turnip]

Can we rename this "If you never done an auction EVER, this might possibly be helpful podcast." ?

Here's a few gems;

If you have $65 to spend on a player don't just bid that whole amount - you might get him for less.

Wear a jersey of a guy you don't really want because some other owner might think you want him and might over bid you on him. (Yeah there's $50 well spent on a jersey of a guy I don't like and will never wear again.)

Make sure you have rules before you start an auction.

Honestly???

 

[Terpfan]

As an auction newbie appreciated the tips. I would agree it was kind of basic but still worthwhile for me. Btw, I always wear my Clinton Portis jersey but would never draft him on my fantasy team. Thanks guys.

 

[bfrankphoto]

There are two Lion fans in my group. I always wear the Joey Harrington jersey to make them angry.

For those whom have never been in an auction league before, here's some tips from what I've learned in running auction leagues for the past six years:

The first 1-2 players announced are probably going to go below the market values, like the podcast said. That certainly doesn't mean you have to go after them.
The next 75-80% of the draft is going to be the "meat" of the draft. There is going to be a bidding frenzy on players early on in the "meat" section. Many will go for more than their worth.
Don't ever, ever announce a player you're interested in during the "meat" period. The idea being that the later the player is announced, the less competition there's going to be for that player. People will be eying their budgets. Instead, announce players that other people should be interested in, especially if it's a high-dollar player. This takes up money and a roster spot on somebody's team. Ben Rothlesburger is a great name to throw out. He's an awful QB1, but the name recognition will get QB1 money spent on him. Make a list of players that you don't want to throw out.
Stud running backs and quarter backs will be overpriced. Last year AP went for 42% of a total budget. I got Brandon Jacobs for 10%. Even if AP went for 35%, he's not 3.5 times the scorer that Jacobs is. My advice is to bypass the top 2-3 players at RB and QB, and build a solid top to bottom team, that's not dependent on one or two monster players. How many owners groaned when Brady went down after he was won at auction for about 25% of the cap?
WR are undervalued, at least they are in my league, where yardage accounts for about 75% of the scoring. Andre Johnson was the ninth overall scorer in my league last year, but went for less than many RB2. Boldin went for 4% of the cap in a bargain-basement gem (yay me).
Spend most of your money on starters. I try to spend 85-90% on starters. These are the people you are going to have in your lineup every week except one. Better have one mediocre player filling in for a solid player once, than have two mediocre players each week.That's all for now. Your league is different than mine, so the hints may be more/less relevant. If I think of more, I will post them.

 

[tbglog]

There are two Lion fans in my group. I always wear the Joey Harrington jersey to make them angry.

For those whom have never been in an auction league before, here's some tips from what I've learned in running auction leagues for the past six years:

The first 1-2 players announced are probably going to go below the market values, like the podcast said. That certainly doesn't mean you have to go after them.
The next 75-80% of the draft is going to be the "meat" of the draft. There is going to be a bidding frenzy on players early on in the "meat" section. Many will go for more than their worth.
Don't ever, ever announce a player you're interested in during the "meat" period. The idea being that the later the player is announced, the less competition there's going to be for that player. People will be eying their budgets. Instead, announce players that other people should be interested in, especially if it's a high-dollar player. This takes up money and a roster spot on somebody's team. Ben Rothlesburger is a great name to throw out. He's an awful QB1, but the name recognition will get QB1 money spent on him. Make a list of players that you don't want to throw out.
Stud running backs and quarter backs will be overpriced. Last year AP went for 42% of a total budget. I got Brandon Jacobs for 10%. Even if AP went for 35%, he's not 3.5 times the scorer that Jacobs is. My advice is to bypass the top 2-3 players at RB and QB, and build a solid top to bottom team, that's not dependent on one or two monster players. How many owners groaned when Brady went down after he was won at auction for about 25% of the cap?
WR are undervalued, at least they are in my league, where yardage accounts for about 75% of the scoring. Andre Johnson was the ninth overall scorer in my league last year, but went for less than many RB2. Boldin went for 4% of the cap in a bargain-basement gem (yay me).
Spend most of your money on starters. I try to spend 85-90% on starters. These are the people you are going to have in your lineup every week except one. Better have one mediocre player filling in for a solid player once, than have two mediocre players each week.That's all for now. Your league is different than mine, so the hints may be more/less relevant. If I think of more, I will post them.

10 years in an auction league and these bullets points are dead on in every auction we have held. about 75% of the way through the auction everyone is going to realize there is one stud still on the board. This is where it is very important you know how much money everyone else has left. trust me, you are not the only one that noticed that Chris Johnson name has not been called. If you are set at RB you can pick-up bargins at other positions because most guys are holding out hope johnson falls to them at the end for $17.00 or some rediculous number. It never happens, one guys always has half his money still available. If this is your first time at an auction, take these bullets points with you and use them as a guide.

Never go in to the draft dead set on getting one guy regardless of the cost, if his cost get unrealistic it could ruin your whole draft if you overspend on one guy.

 

[NYRAGE]

10 years in an auction league and these bullets points are dead on in every auction we have held. about 75% of the way through the auction everyone is going to realize there is one stud still on the board. This is where it is very important you know how much money everyone else has left. trust me, you are not the only one that noticed that Chris Johnson name has not been called. If you are set at RB you can pick-up bargins at other positions because most guys are holding out hope johnson falls to them at the end for $17.00 or some rediculous number. It never happens, one guys always has half his money still available. If this is your first time at an auction, take these bullets points with you and use them as a guide.

Never go in to the draft dead set on getting one guy regardless of the cost, if his cost get unrealistic it could ruin your whole draft if you overspend on one guy.

so true

 

[Project Mayhem]

I gotta agree, usually Lammey and Bloom are more insightful, this was a very very beginner show.

 

[Knobs]

This was my first Audible I've listened to. The topic piqued my interest. And if the others are anything like this one, it will also be my last. Sorry, but that was about as useless as useless can get.

 

[stuckinthemuck]

I did my first auction draft on ESPN's free site and it was extremely addictive. It's easy to see how this format is considered to be a step up for folks who have played snake drafts for several years.

 

[RamMan]

I've been playing in an auction league for 6 years and agree it's the only way to go. Not to beat a dead horse, but I too was excited when I saw that Bloom and Lammey did an auction segment on the Audible. I agree with the other comments that it was pretty disspointing. I do like the observations from some of the other posters in this thread and don't dissagree with any of them.

One addition: I've run the DD and VBD programs for my $200 cap league (in auction mode) and I can say that my leaguemates definately value players much differently. QB's never go for as much as the VBD program suggests (VBD has Brady worth $56, Brees at $49, etc.). The most anyone will pay for a QB in my league is perhaps $45. Conversely, my league values RB's way over the suggested VBD values. For example, VBD suggests a $55 value for MJD. He'll easily go for $75 or more. So the question is: are the VBD values the true values given how points are scored in my league? Since QB's get 6 pts. for TD's and 1 pt per 20 passing yrds, is Brady really worth $56 in comparison to MJD's VBD value of $55? I know you also have to adjust to the tendancies of your league, but from a pure dollar value standpoint, should we trust the VBD program when it comes to auction values?

 

[bfrankphoto]

I've been playing in an auction league for 6 years and agree it's the only way to go. Not to beat a dead horse, but I too was excited when I saw that Bloom and Lammey did an auction segment on the Audible. I agree with the other comments that it was pretty disspointing. I do like the observations from some of the other posters in this thread and don't dissagree with any of them. One addition: I've run the DD and VBD programs for my $200 cap league (in auction mode) and I can say that my leaguemates definately value players much differently. QB's never go for as much as the VBD program suggests (VBD has Brady worth $56, Brees at $49, etc.). The most anyone will pay for a QB in my league is perhaps $45. Conversely, my league values RB's way over the suggested VBD values. For example, VBD suggests a $55 value for MJD. He'll easily go for $75 or more. So the question is: are the VBD values the true values given how points are scored in my league? Since QB's get 6 pts. for TD's and 1 pt per 20 passing yrds, is Brady really worth $56 in comparison to MJD's VBD value of $55? I know you also have to adjust to the tendancies of your league, but from a pure dollar value standpoint, should we trust the VBD program when it comes to auction values?

There are so many variables when it comes to auctions, the listed dollar values are almost never really close. The best bet is for you to realize the ratios of values, then use that as your baseline information. Then look into the group that you're bidding against. In my group, top running backs always go over their value, so I know to expect that. Any top RB that is near the stated value, I can consider a bargain, even if it is a touch over what I had estimated.