Here's an article for you.
I added in a little
General strategy is the following:
(1) Don't overspend. Set your valuations for your players and don't exceed it.
Sometimes you have to... I did a mock where the top 10 RBs were $10 over there AAV; you have to go w/ the flow sometimes. You need at least one of them.
(2) Early, nominate players you DON'T want to drive up their prices when people have $$ to drain everyone else so you can later buy the players you do.
Not always true either... Get the feel of the draft. Sometimes you can sneak away w/ an top 10 rb for a couple bucks cheaper than normal if you nominate them at the right time. And go for the middle of the pack.. If you wait for #10, you will get in a bidding war.
(3) Don't overspend.
Again, sometimes you have too, you don't want an entire team of mid-rounders
(4) Don't wait on the sidelines for "bargains" at the end of the draft. There's a decent chance that everyone else is doing the same and so will end up splurging on the few blue chippers that remain. The best values are in the second or third rounds of player nominations.
Very true; its good to save your money at the end.. then you can pick up the scrap talent that everyone else forgot about.
(5) Don't overspend. Did I mention this one yet?
Alright already; the kid isn't going to spend anything..
(6) Keep track of the other player's needs and remaining $$'s so you know who has money to go after the QB you need and who needs another WR but is really tight.
Yes, know your enemy.. If they are low on qb and have the $$; make them.. Jack that bid up.
(7) Don't be afraid to sit on the sidelines. If the price isn't right, it isn't right. Don't worry. Your players will come around.
No they won't.. Again; sometimes you have to spend an little extra.. I've done too many auction where I was left w/ too much $$ at the end and a team full of mid-rounders to show for it..
And have fun with it. Good luck