Jul 19, 2013
I am fired up today because we just reached an agreement with a company to produce for us an excel-based Auction Draft tool that I think will be totally bad ass. We will have more details to come, and this will take probably 2-3 weeks to complete, but here’s the basics of this new tool that will, of course, be free for subscribers.
- Before your draft, you will enter all the basic info for your league (scoring system, number of players in your league, number of players at each position, etc.).
- At the start of the draft, the tool will have an estimated “highest bid” for each player. In addition to using our projections as the baseline for dollar values, we’ll actually be incorporating Mike Horn’s 2013 Price Tiers for the various positions into this tool, so it will have 2013-specific auction intelligience built into the tool.
- As people get drafted, you enter the bid amount and the team they went to.
- The tool would then do real-time update values for players (based on our projections), adjusting for factors like: owners over or under-bidding for players (adjusts value of other guys left), whether people have filled their slots for starters and likely reserves, and other key stuff. It will essentially give you updated “best bids” based on how the draft has gone so far.
The challenge for me with these computer programs has always been accounting for the human element in fantasy drafts and auctions, and I believe we will actually have a tool that will do that. This should be a robust and fun tool that will greatly help those in the heat of the action in an auction. If you’re completely out of your realm even using excel, the good news is this tool will help us generate much more accurate Auction $ values that we will published statically.
Unfortunately, we’re getting a late start on this, but with seven weeks before opening day, we should have the tool done four weeks before the season starts, which is obviously in time for most auctions. I’m sure in 2014 we’ll be looking to move this tool into an app and online program, so this looks to be just the start.
If you’re not a subscriber and this tool intrigues you, you should definitely check out our “What you get” page to see everything you can receive as a 2013 subscriber. Also, there’s a 5-minute flash movie at www.fantasyguru.com that has a comprehensive overview of all the benefits to subscribing.