pmix wrote:Always spend early, don't get caught in the trap of overspending when there is not much left. In our draft i always look over the teams and can pick out a handful of players that went to high only because they came out late and nothing was left.
This is a little contrary to what I've read about auctions so I'm interested in an elaboration. Disclaimer
: I haven't done an auction but am doing one this summer so I've been researching the idea only. Furthermore, my auction is a dynasty so my methods may differ due to this
What I've read is spending early leads to overpaying for players while smart owners wait for the overspending to happen so they can collect on the middle-tier players at a discount.
Furthermore, I've read that you should plan out *every single player* that will be drafted and assign a dollar value to them. Once finished you need to stack them up against like positions, grab your percentage of dollars allowed to this position and be happy with whoever you can land for that allocation.
In other words, if you're going to take 5 WR start by just taking Steve Smith and then fill it out so have 5 WR that take up your 30% of money. Then do it again but without the players taken already. Fill out 12 teams or however many is in your league. In the end you should be happy with whoever you get, otherwise the money is off.
Then stack them again but with all of the positions together. You don't necessarily need to do the "draft" again but just eyeball it to make sure nobody sticks out as too high.
Also all Ds and Ks should be $1 and each player should be a minimum of $1.
Oh yeah, and make sure you don't have an abundance of cash in the draft. If each team is allowed $100 (for simplicity's sake) and there are 10 teams there is $1,000 out there to spend. Don't make your full draft be $1,500 worth of players (otherwise you'll overspend), and certainly don't make them $800 (otherwise you'll think everyone is overspending and they aren't!)
With this plan you should shoot for underpaying slightly or matching your dollar value. Never overspend or your exercise you did with each position is thrown off immediately.
If anyone has more experience with auctions and doesn't agree with my research please let me know. This is the plan I've decided to use this upcoming draft and hope it isn't fatally flawed otherwise I'm going to have a tough 5 year lesson out of it.