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

[Jeffrey Winick]

Agreed. I’m drafting an amendment.

Jeffrey H. Winick
Harris Winick Harris LLP
333 West Wacker Drive
Suite 2060
Chicago, IL 60606
(312) 662-4602
(312) 841-2817 (cell)

On Aug 1, 2021, at 12:58 PM, Mark Blocker <blockermark at gmail.com> wrote:


Already agreed.  See earlier email from this morning.

On Sun, Aug 1, 2021 at 12:57 PM Bill Strotman via Announce <announce at usml.net<mailto:announce at usml.net>> wrote:
This is great work.    But let’s change the constitution for those who weren’t in the league in these years so the rules are clear.     Agree??

Sent from my iPhone

On Aug 1, 2021, at 12:54 PM, Mark Blocker <blockermark at gmail.com<mailto:blockermark at gmail.com>> wrote:


Forwarding the explanation of FAAB bid processing that I received from Onroto in 2012...

---------- Forwarded message ---------
From: Mark Blocker <blockermark at gmail.com<mailto:blockermark at gmail.com>>
Date: Mon, Jul 30, 2012 at 9:50 AM
Subject: Fwd: From Contact Us: FAAB processing
To: USML <announce at usml.net<mailto:announce at usml.net>>


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<mailto: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<mailto: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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