Post by Weekend Warriors on Mar 29, 2019 19:50:07 GMT
We will be using the Vickery System for FAAB Bidding this year due to overwhelming support.
To understand the Vickery System, you would not know what others are bidding and the others will not know what you are bidding, so your bid of $59 will not deter anyone. Generally, the best Vickrey strategy is to bid what you are willing to pay pay for the player and nothing more.
To understand the Vickery System, you would not know what others are bidding and the others will not know what you are bidding, so your bid of $59 will not deter anyone. Generally, the best Vickrey strategy is to bid what you are willing to pay pay for the player and nothing more.