County Fantasy Manager 2013

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Re: New style fantasy league

Postby ianp1970 » Sat Mar 23, 2013 1:11 pm

Auction

Okay. This is how the auction is going to work:

£500,000 to spend in an auction that will have a maximum of 4 rounds. The minimum differential level between bids will be £10,000: i.e. you could bid £10,000, £50,000 or £250,000 for a player, but not £25,000 or £30,001!

Round 1

The highest bidder for a player in round 1 is guaranteed the final bid. They cannot be outbidded without having a chance to counter. This will give a big advantage to people bidding high in round 1 for the top players. It gives them control.

Round 2

In this round people have the chance to outbid the leading bidder. If nobody outbids the leading bidder, that player is won.

Players can also bid for anyone who wasn't bidded for in round 1. If they are the only one, they will win that player. (it would be logical for people to only bid list price for the players who didn't receive a bid in round 1.)

Round 3

In this round the leading bidder from Round 1 can respond to the Round 2 bids by bidding £10,000 more than the highest Round 2 bid, if they choose to, and will automatically win the player.

Any player who didn't receive a bid in round 1, but multiple managers bidded for in round 2, can be bidded on again by anyone who bidded in round 2. The highest bidder will win that player.

Anyone who hadn't been bidded on at this point will go to the highest bidder after this round.

Round 4

This round will just be for anyone who hasn't spent all their money, to pick up any players that are still available. This round will be a blind auction, with the team bidding the most for each player being allocated them.
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Re: New style fantasy league

Postby SaintPowelly » Sat Mar 23, 2013 1:19 pm

When is the auction ??
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Re: New style fantasy league

Postby ianp1970 » Sat Mar 23, 2013 2:10 pm

Player Lottery

Okay here comes the info on exactly how the player lottery will work. Health warning: this may be the most confusing part!

The only impact you will have on the player lottery is the amount of money you have going into it and the number of players you need to draw. Everything else is luck.

Players will be allocated from the lottery from highest value player downwards. Approximately £800,000 will be added to your budget at the end of the auction. The exact figure will depend on how people overbid in the initial auction.

The lottery will automatically select the team with the highest budget-left-per-player-needed-to-draw. I’ll explain this in a 4 way scenario.

Team A buys Marcus Trescothick for £500,000
Team B buys 7 players for £500,000
Team C buys 6 players for £500,000
Team D buys 7 players for £480,000

So assuming it is exactly £800,000 that will be added post auction, everyone’s budget-left-per-player-needed-to-draw would be:

Team A £800,000 / 19 players = £42,105
Team B £800,000 / 13 players = £61,538
Team C £800,000 / 14 players = £57,143
Team D £820,000 / 13 players = £63,077

Therefore Team D will get the first automatic pick from the players not bought in the auction. Let’s say he draws a player worth £80,000, his new budget left per player needed to draw will be:

Team D £740,000 / 12 players = £61,666

So he will get the next pick again. Let’s say it is another £80,000 player:

Team D £660,000 / 11 players = £60,000

Now the eagled eyed amongst you will have seen that Team B now move up in the order and get the next pick.

This method will then ensue until everyone has a full team. Everyone should end up with teams of an even value at the end of this process.

You might notice buy bidding £500,000 for one player Team A is going to wait ages for his first lottery pick, whereas Team D who saved most money in the auction is going to build a team with quite a bit of depth, but may not get all the players he wants.

So it is quite complicated, but the important thing to remember is the less you spend on more players, the better off you are come the lottery.
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Re: New style fantasy league

Postby ianp1970 » Sat Mar 23, 2013 2:43 pm

SaintPowelly wrote:When is the auction ??


The auction deadlines will be confirmed at a later date, but will be something along the lines of:

Round 1 - 8pm Tuesday 2nd April
Round 2 - 8pm Wednesday 3rd April
Round 3 - 8pm Thursday 4th April
Round 4 - 8pm Friday 5th April
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Re: New style fantasy league

Postby Chris de Burgh » Sat Mar 23, 2013 9:07 pm

Do we PM you our bids?
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Re: New style fantasy league

Postby Red Devil » Sat Mar 23, 2013 10:48 pm

Chris de Burgh wrote:Do we PM you our bids?


I guess we can't because Ian is also managing a team so will be bidding. If we send our bids to Ian then that is insider information.
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Re: New style fantasy league

Postby Chris de Burgh » Sat Mar 23, 2013 10:53 pm

Red Devil wrote:
Chris de Burgh wrote:Do we PM you our bids?


I guess we can't because Ian is also managing a team so will be bidding. If we send our bids to Ian then that is insider information.

I don't mind putting my bids on the public forum, I was wondering if it was going to be through PM or to be posted though.

Oh and if I have to post them on the forum my bids will come with a health warning after (aka If you outbid me your life is in danger :lol: )
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Re: New style fantasy league

Postby ianp1970 » Sun Mar 24, 2013 1:39 pm

Chris de Burgh wrote:
Red Devil wrote:
Chris de Burgh wrote:Do we PM you our bids?


I guess we can't because Ian is also managing a team so will be bidding. If we send our bids to Ian then that is insider information.

I don't mind putting my bids on the public forum, I was wondering if it was going to be through PM or to be posted though.

Oh and if I have to post them on the forum my bids will come with a health warning after (aka If you outbid me your life is in danger :lol: )


PM'd bids should be fine.

There are couple of safeguards to any insider trading:

1. I think PMs are left in the sender's outbox until they are read. If this is the case, I could send a PM to all team managers titled "Auction round X" to which replies could be sent at any time. As the deadline passes I could post my personal bids on the forum prior to reading all of the replies.

2. If my PM understanding is incorrect I would have to issue a start time for the auction, prior to which I would send my bids to a third party.
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Re: New style fantasy league

Postby ianp1970 » Sun Mar 24, 2013 2:30 pm

Player Transfers

As there are likely to be players allocated to teams that managers do not want to keep, there will be a weekly window for releasing unwanted players and bidding for unallocated players. This will be a blind auction like round 4 of the the initial auction. If 2 managers bid the same amount for a player, then the bid will be won by the team lower in the table.

Players to be released by 8pm Friday and bids placed by 8pm Sunday. Squads must be kept to a minimum of 18 players, so managers can release up to 2 of their original 20 players. Any player that a manager wants to release on a Friday cannot be playing in a Matchweek eleven on that day.
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Re: New style fantasy league

Postby Chris de Burgh » Sun Mar 24, 2013 3:48 pm

When does the auction start?
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Re: New style fantasy league

Postby ntini77 » Sun Mar 24, 2013 4:08 pm

This is four day only, right?

I only ask as some of the players listed are only going to be playing T20.
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Re: New style fantasy league

Postby ianp1970 » Sun Mar 24, 2013 7:42 pm

Chris de Burgh wrote:When does the auction start?


The auction deadlines will be confirmed at a later date, but will be something along the lines of:

Round 1 - 8pm Tuesday 2nd April
Round 2 - 8pm Wednesday 3rd April
Round 3 - 8pm Thursday 4th April
Round 4 - 8pm Friday 5th April
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Re: New style fantasy league

Postby Chris de Burgh » Sun Mar 24, 2013 7:59 pm

Can we bid below the valuations of players or do are the valuations the base bid we have to submit.
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Re: New style fantasy league

Postby ianp1970 » Sun Mar 24, 2013 9:31 pm

ntini77 wrote:This is four day only, right?

I only ask as some of the players listed are only going to be playing T20.


I must admit that I "borrowed" the valuations from another site, which is probably running their competition over the 3 formats, rather than just the 4-day matches in this league.


I have had a look through the lists I posted, as well as the county squads qouted on Cricinfo:

http://www.espncricinfo.com/county-cricket-2013/content/squad?object=585678

although this differs from their ins-and-outs list:

http://www.espncricinfo.com/county-cricket-2013/content/story/581772.html

a confusing picture :dunno


These players look to be correct on my list:

Smith, GC Surrey
Sarwan, RR Leicestershire
Ponting, RT Surrey
Petersen, AN Somerset
Rogers, CJL Middlesex
Chanderpaul, S Derbyshire
Nash, BP Kent
North, MJ Glamorgan
Magoffin, SJ Sussex
Katich, SM Lancashire
Bailey, GJ Hampshire
Quiney, RJ Essex
Burns, JA Leicestershire
Rehman, Abdur Somerset
Williamson, KS Gloucestershire
Cowan, EJM Nottinghamshire

These players are listed but do not appear to be playing:

Morkel, JA Somerset
Prince, AG Lancashire
Philander, VD Somerset
Khawaja, UT Derbyshire
McKenzie, ND Hampshire
Henriques, MC Glamorgan
Marsh, SE Glamorgan

Voges, AC Nottinghamshire is listed but is scheduled to be playing T20 only.


When it comes to running the player lottery I will not allocate any of these players:

Morkel, JA Somerset
Prince, AG Lancashire
Philander, VD Somerset
Khawaja, UT Derbyshire
McKenzie, ND Hampshire
Henriques, MC Glamorgan
Marsh, SE Glamorgan
Voges, AC Nottinghamshire
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Re: New style fantasy league

Postby ianp1970 » Sun Mar 24, 2013 9:33 pm

Chris de Burgh wrote:Can we bid below the valuations of players or do are the valuations the base bid we have to submit.


Valuations are the base bids.
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