[USML Announce] Fwd: From Contact Us: FAAB processing

[Brad Jansen]

Brother Mark and Fellow Owners:
   Anything that prevents hedging is fine by me. Our prior system had
Winick's thumb and foot prints all over it.
   Time to go induce my infinite loop.
--Brad

On Mon, Jul 30, 2012 at 9:50 AM, Mark Blocker <blockermark at gmail.com> wrote:

> League:
>
>   See below regarding guidance from Onroto on FAAB bidding.  Anything
> written below should trump what I am about to tell you, but I think the
> bottom line is that the Onroto system treats contingent bids as having the
> same priority as non-contingent bids.  This was not true before we started
> using Onroto.  In Onroto, a contingent bid of $X will win over a
> non-contingent bid of less than $X; it was the opposite in our old system.
>  While not really relevant, my own view is that the Onroto system is a
> fairer way to do things.  Note also below how Onroto handles the
> fascinating circumstance of placing both a contingent and non-contingent
> bid on the same player!
>
>   Hope this helps.
>
>   -- Mark B.
>
> ---------- Forwarded message ----------
> From: <support at onroto.com>
> Date: Mon, Jul 30, 2012 at 9:04 AM
> Subject: Re: From Contact Us: FAAB processing
> To: mbblocker at aol.com
>
>
> Hi Mark,
>
> The commish always get a blow-by-blow of what happened each week:  Commish
> Pages -> Transactions -> View Bid Logs.
>
> You guys are a FAAB league, so that makes it a simple explanation:  Dollar
> values always trump priority *except as a team runs out of money*.
>
> Example:
>
> 1.)  replace X by bidding $10 on A
> 2.)  replace Y by bidding $17 on B
>
> If you have more than $27 to spend, the program will go ahead and give you
> player B to replace Y in all instances.  If you have $17, however, it will
> try to give you player A first, before moving on to see if you've won
> player B.
>
> If you do this:
>
> 1.)  replace X by bidding $10 on A
>                   bidding $15 on B
> 2.)  replace Y by bidding $17 on B
>
> the program will try $10 on A first -- if you're not the high bidder, it
> will try $15 on B -- and there it will see that someone has a $17 bid on B
> and so will quash your $15 bid.  In effect, you trumped yourself.  This
> prevents people from hedging, as it were.
>
> You can also induce an infinite loop if you mix and match higher and lower
> contingent bids on the same sets of players.
>
> Hope this helps.
>
> -- Scott
>
>
>
> > Sir/Madam:    Is there somewhere on the website where you explain how the
> > BidMeister system processes FAAB bids?  Some of our owners are interested
> > in knowing how the system process contingent and non-contingent bids.
>  Any
> > help you could provide would be appreciate.    -- Mark B.
> > League Abbrev: USML
> > User: mblocker
> > Sport: baseball
>
>
> _______________________________________________
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> announce at usml.net
> http://lists.usml.net/mailman/listinfo/announce
>
>
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