Okay...it's been months since I've played a team....
Any of the usual suspects up for an auction?
Open? Closed?
Auction?
14 posts
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by gorshar » Sun Sep 25, 2011 11:01 pm
We've done closed and open.
Open auctions. In a nutshell, players are put on the block, usually five up at a time (three hitters/two pitchers). Managers bid in minimum of 100,000K increments until a high bid is reached (24 hrs without a higher bid). Opening bid is 10% or 500,000K, whichever is greater. First five sign-ups handle the first five nominations, after that, winning owner makes the next nomination. When a team is full, the nomination slides to the next owner, by order of sign-ups.
Upside - Everybody has a shot at every player.
Downside - Takes about six months to complete and can really drag in the end.
Closed auctions. In a seashell, the same as above except instead of open bidding each owner sends their bid by PM to the nominating owner, winner gets the player.
Upside - Takes about two months. Requires a little more skill in bidding strategies.
Downside - Requires a little more skill in bidding strategies. Some owners have complained about the unfairness of having minimal chance of getting a player you nominate (I don't agree, the solution is not to nominate players you want until late in the auction when you can feel confident nobody will want him) and we still haven't come up with a perfect solution for ties. We've tried re-bids, open auction run-offs, and all have had flaws. We've also tried a hybrid that took close finishes (not just ties) to an open auction with mixed results.
Due to the time factor we've done mostly closed auctions.
We've tossed around ideas of doing combo open/closed - first 100-150 players in open auction, then switch to closed. Might speed things (or slow things down - depending on your perspective) to about four months.
I'd kinda sorta like to try either an open or try the open/closed mix.
Open auctions. In a nutshell, players are put on the block, usually five up at a time (three hitters/two pitchers). Managers bid in minimum of 100,000K increments until a high bid is reached (24 hrs without a higher bid). Opening bid is 10% or 500,000K, whichever is greater. First five sign-ups handle the first five nominations, after that, winning owner makes the next nomination. When a team is full, the nomination slides to the next owner, by order of sign-ups.
Upside - Everybody has a shot at every player.
Downside - Takes about six months to complete and can really drag in the end.
Closed auctions. In a seashell, the same as above except instead of open bidding each owner sends their bid by PM to the nominating owner, winner gets the player.
Upside - Takes about two months. Requires a little more skill in bidding strategies.
Downside - Requires a little more skill in bidding strategies. Some owners have complained about the unfairness of having minimal chance of getting a player you nominate (I don't agree, the solution is not to nominate players you want until late in the auction when you can feel confident nobody will want him) and we still haven't come up with a perfect solution for ties. We've tried re-bids, open auction run-offs, and all have had flaws. We've also tried a hybrid that took close finishes (not just ties) to an open auction with mixed results.
Due to the time factor we've done mostly closed auctions.
We've tossed around ideas of doing combo open/closed - first 100-150 players in open auction, then switch to closed. Might speed things (or slow things down - depending on your perspective) to about four months.
I'd kinda sorta like to try either an open or try the open/closed mix.
- gorshar
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- Joined: Tue Jul 03, 2012 2:34 pm
by TRW » Mon Sep 26, 2011 7:20 am
4-6 months is crazy. I would totally lose interest. Too bad there isn't a real live auction draft app available.
Why don't you nominate 12 players at a time say every other day. Everyone nominates one player on day 1, then at the end of the 2nd day, high bid gets that player. I would think at least you get your time down closer to 2 months that way.
Why don't you nominate 12 players at a time say every other day. Everyone nominates one player on day 1, then at the end of the 2nd day, high bid gets that player. I would think at least you get your time down closer to 2 months that way.
- TRW
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by PotKettleBlack » Mon Sep 26, 2011 8:24 am
[quote:0a76646e2d="The Rabid Wolverines"]4-6 months is crazy. I would totally lose interest. Too bad there isn't a real live auction draft app available.
Why don't you nominate 12 players at a time say every other day. Everyone nominates one player on day 1, then at the end of the 2nd day, high bid gets that player. I would think at least you get your time down closer to 2 months that way.[/quote:0a76646e2d]
Budgets get out of hand with that many players on the block.
You'd be surprised at how you manage to keep interest.
I'm not in, but it's a good time. Collegial.
Why don't you nominate 12 players at a time say every other day. Everyone nominates one player on day 1, then at the end of the 2nd day, high bid gets that player. I would think at least you get your time down closer to 2 months that way.[/quote:0a76646e2d]
Budgets get out of hand with that many players on the block.
You'd be surprised at how you manage to keep interest.
I'm not in, but it's a good time. Collegial.
- PotKettleBlack
- Posts: 55
- Joined: Tue Jul 03, 2012 2:34 pm
by bkeat23 » Mon Sep 26, 2011 8:57 am
I've done a few of these. If you're not patient, you should stay away.
The only way to do a live auction would be to have 12 guys set aside the entire time to be online, and you can't have a 90 sec limit on the auction, you have to have a limit on when the last bid is accepted by the system and player is awarded. Only one player at a time, and it would likely take a lot of bids on the popular players, lengthening the time commitment.
The open auctions pick up the pace at the very end, once rosters start to fill.
One guys gets nominated, and the other owners can post a lack of interest, and that player is awarded in short order.
The only way to do a live auction would be to have 12 guys set aside the entire time to be online, and you can't have a 90 sec limit on the auction, you have to have a limit on when the last bid is accepted by the system and player is awarded. Only one player at a time, and it would likely take a lot of bids on the popular players, lengthening the time commitment.
The open auctions pick up the pace at the very end, once rosters start to fill.
One guys gets nominated, and the other owners can post a lack of interest, and that player is awarded in short order.
- bkeat23
- Posts: 55
- Joined: Tue Jul 03, 2012 2:34 pm
by gorshar » Mon Sep 26, 2011 10:47 am
As pkb, too many players on the block throws the budgets into chaos - you can't bid what you don't have and if you're bidding on multiple players you have to place bids such that if you were to win all the players you'll have the cash to pay for them. Right, pkb? :P
The way the budgets work is that it's a $200 mil league but your bidding cap is $80 mil. In open auctions the top players usually go for at or above their TSN/SOM salaries while late auction players are usually grabbed at or close to their minimums - 10%/500K. In closed auctions, earlier bidding is usually a little more conservative and outside of Ruth, Bonds, Gibson, almost no one goes for above their carded value.
The way the budgets work is that it's a $200 mil league but your bidding cap is $80 mil. In open auctions the top players usually go for at or above their TSN/SOM salaries while late auction players are usually grabbed at or close to their minimums - 10%/500K. In closed auctions, earlier bidding is usually a little more conservative and outside of Ruth, Bonds, Gibson, almost no one goes for above their carded value.
- gorshar
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by motherscratcher » Mon Sep 26, 2011 11:00 am
This sounds pretty cool. I'd like to try it. Count me in.
Have you ever thought about trying to use someone as an auctioneer? I mean someone who would run the auction but not participate in the league? Have everyone send him a list of 20 players. The auctioneer then decides who to put up for auction and when, and keeps track of the bids if it is closed.
Not sure if something like that would work or if anyone would even be interested in the time investment in a league they aren't participating in.
Have you ever thought about trying to use someone as an auctioneer? I mean someone who would run the auction but not participate in the league? Have everyone send him a list of 20 players. The auctioneer then decides who to put up for auction and when, and keeps track of the bids if it is closed.
Not sure if something like that would work or if anyone would even be interested in the time investment in a league they aren't participating in.
- motherscratcher
- Posts: 55
- Joined: Tue Jul 03, 2012 2:34 pm
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