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Auction Setup

If you're a beginner, the idea of an auction draft might sound a bit complicated. It's not. In fact, it's quite simple. I'll give you a quick rundown of how it works, but I highly recommend reading your league's draft rules and participating in at least one mock auction to get more comfortable.

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You can spend your $200 as you like; that is, as long as you have enough funds to fill out your entire roster. So, in theory, you could spend $188 for LeBron James and fill the rest of your lineup with $1 sleepers if you really wanted to.

See, that's where the strategy comes in. Budget your money wisely, or you'll end up looking like some of these investment banks on Wall Street at the end of the day. But there's no government bailout in the cards for you, my friends. If you falter on draft day, it will be up to you to get yourself out of the hole. So let's get into that strategy, eh?

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The problem here is that we are online, and we can't see the poker faces around the room. In old school "live" auctions, it is much easier to tell if an owner is going to trump your bid or fold in the cards. Knowing your competition will help compensate for the fact that you can't see your opponents.


Use tiers and feel it out

All auctions are different, so it's hard to rely on any one set of auction values. You'll want to take a peek at these values prior to your draft just to get an idea of the numbers, but don't, by any means, take it as gospel. Feel things out first, before you go spending all your dough.
Let the market determine the values, and use tiers to do it. The first 10 or so players should determine the market value for the rest. Of course, if a guy you really want is nominated early, you'll have to get in on the bidding. But be sure to track the price of all the players as you go along.

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Stars and Scrubs versus Balanced Budget

When employing a "Stars and Scrubs" strategy, the object is to lock up two or three elite performers and work to find values later in the auction. Let's say you go hard after both LeBron James and Kobe Bryant and land them at $48 and $47, respectively. You now have $105 left to spend on your remaining 11 players, or roughly $9.54 per player. It's going to be tough to outbid your counterparts with a depleted budget like that so you'll have to rely on your ability to pick out deep sleepers and find diamonds in the rough the rest of the way. Keep in mind that you'll have to be extremely crafty in order for this strategy to work.

I've never been a huge fan of the Stars and Scrubs routine; instead, I typically like to employ the balanced budget approach with a few modifications. In a true balanced budget strategy, you are going to spread your funds around without going all out for one of the elites. In my modified version, I try to view it as a snake draft, and attempt to acquire a player from each round. So I will bid on -- and make sure I win -- a first-rounder, a second-rounder and so on. Sometimes I'll mix it up and grab two second-rounders or two third-rounders and attempt to find a few $1 steals later in the draft. That said, my strategy may not work for you, and you'll have to tailor your strategy based on your personal preferences.

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Also, try to have some fun with this. This is your best shot at assembling your favorite fantasy players on the same squad. So go right ahead and make a list of some guys you definitely want to acquire, and don't hesitate to outbid the rest of the competition

http://sports.espn.go.com/fantasy/ba...dk2k9_auctions