Fantasy football strategy, rankings, and podcasts

Over the years, many different kinds of draft strategies have come about for fantasy football leagues - I've tried to lay out the basics below for a few of the draft strategies that I see more frequently, and posed some questions that we try to answer on the podcast. Do you have any comments or insights to add? Feel free to leave them in the comments section!

(Listen to the Fantasy Football Podcast, 8/11/15: 5 Draft Strategies to Consider) 

Best Available

It may seem perfectly obvious to some, but one very serviceable strategy during drafts is simply to take the best available player at any position that is available to you at that time. The main issue people run across when using this strategy is taking too many players at the same position. Say, for example, that the best player available on the draft board for 5 rounds in a row is a wide receiver. Should you simply continue to draft the best available player and hope to make trades later to make up any discrepancies at other positions? Should you compromise or bend your initial strategy to reach for another position that you have a bigger need at?

Zero RB
The prevailing strategy for a long time in Fantasy Football was to load up on RBs early. This was for a few reasons: RBs tended to be used as the focal point of the offense for a lot of teams (at least up until recently), RBs seemed to be more consistent than their WR counterparts on a week-to-week basis (at least up until recently) and there was a more severe drop off of talent at the position (since most teams had one particular RB that they fed the football. More recently, a lot of teams are favoring throwing the ball more consistently and using a RB-by-committee approach.
What does that information tell us? RBs are still an extremely valuable position for a fantasy football team, but recent changes to the game and to how the position is being used in the NFL have forced a shift toward WR value being closer to the top, or in some cases eclipsing the value of their more grounded counterparts. There are exceptions, and most of those involve either running backs that are also heavily involved in the passing game (Jamaal Charles & LeVeon Bell) or guys that still hold roles similar to those of the old days of smash mouth football (Marshawn Lynch, Adrian Peterson).

Going with the Zero RB strategy asks you to forego the conventional fantasy wisdom that RBs are the most important assets to a team, and instead draft top-tier WRs, a TE and possibly a QB before dipping into the RB pool and selecting a variety of low to middle end situational guys with upside. Proponents of this draft strategy tell us that the top few tiers of RBs in the draft have the highest variance and therefore should be avoided. In other words, instead of high-risk picks at the beginning of the draft, you should be selecting guys that can offer a consistently good performance on the field while leaving some of that associated risk behind. Does this kind of strategy make sense even when you have the 1st or 2nd pick? Does the idea of Zero RB drafting get more enticing in a PPR league when WRs receive a rankings boost?

Value Based
Value Based Drafting (VBD) is a term that has been around since the 90’s. It refers to a particular strategy: by analyzing player’s past performances and calculating projections for them, and determining what the baseline player at each position is, you can determine the value of a player (which, using this strategy, is not simply how many points a player can score but rather how many more points he scores at his position than other players at the same position.

For example, although QBs score a large amount of points in most leagues, they are not usually among the most valued picks during the draft because in general they have low relative value compared to other positions at the same draft pick. That’s not to say that a player such as Aaron Rodgers or Andrew Luck will not score more fantasy points at the end of the year than other QBs, but the difference between their points and the QB baseline will be smaller than players like Marshawn Lynch relative to the RB baseline or Antonio Brown relative to the WR baseline. The problem is that these determinations rely on projected statistics, which are only estimations even if they are based on factual data.

Taking a look at the VBD data from 2014, for example, we can see that Rob Gronkowski was 40 points higher than the next best tight end in 2014 (Jimmy Graham). This tells us that if you can’t get Gronkowski in a draft, you should wait longer to select a tight end because their relative value decreases after Gronk. The same goes with Aaron Rodgers and Andrew Luck. If unable to land one of these two QBs last year, you were better off waiting until later rounds and instead taking players at RB and WR that would be the difference needed to win games.

Guided Tour
A strategy that I see all too often but will always encourage people to avoid. Far too many times, people walk into a draft with a set strategy in their head – not a strategy based on player value or lack thereof, but with a strict plan of what positions to target and in what order. I used to do this too, when I first started playing fantasy football. I would look at the previous year’s performance, or what positions seemed to have the best players available at the top rounds and create a roadmap in my head for the rest of the draft. RB, RB, WR, WR, TE, QB.. or WR, RB, RB, WR, RB, RB, WR, etc.

It makes sense in a very shallow sense. This also applies to people that draft a starting lineup and then begin to select players for their bench. Regardless of which strategy you choose to adopt, you should never, ever have a preconceived idea of which rounds that you want to draft specific positions in. The draft itself should dictate that. Besides that, you’re more likely to succumb to picking a positional player at the end of a run if you are thinking in this way. Don’t do it!

Late-Round QB

The Late-Round, or “Zero QB” strategy has become a popular one recently as well. There are so many quarterbacks in this league that produce at a consistent level, that the drop-off after the first few is not very large. In this case, doesn’t it make sense to wait until later rounds when you get take someone like a Ryan Tannehill, Eli Manning or Philip Rivers? Those guys all have top 10 potential but at a 9th or 10th round price in a standard league.

This is a bit of an offshoot of both VBD and Zero RB strategies, as the value in picking a quarterback not named Aaron Rodgers or Andrew Luck is not deemed high enough and it makes more sense to fill those slots with players that provide more of an advantage in a match-up. Just for example, say that you’re playing against someone that took a QB in the 4th round (Drew Brees, for example). Well, instead of Brees there you could have had someone like Brandin Cooks or DeAndre Hopkins. Signing on to this particular theory is as easy as saying that you would rather have DeAndre Hopkins and Ryan Tannehill than Drew Brees and Kevin White. I would. Would you?

Tips from 'Beer4TheBeerGod' – big contributor to the /r/fantasyfootball subreddit:

1. Know thy league. If your league uses PPR and your cheat sheet is for standard scoring you're putting yourself at a disadvantage. Know your roster requirements, number of teams, starting lineups, and all of your scoring rules. Things like 2QB, keepers, superflex (which is a nice way of saying 2QB with the option to fail), big play scoring, and six point passing touchdowns can dramatically alter how you draft. You should also know your opponents and their tendencies. Is one player a massive homer? Consider how that will affect his draft strategy. Does your league tend to draft QBs super early? Exploit that by picking up valuable skill positions and going with a streaming QB approach. This also applies to whatever sources your opponents use to draft, such as the default rankings.

2. The level of risk you are willing to take should correlate with the round of the draft. Your early picks are not for flyers, they're for reliable sources of points that can form the core of your team. I've come to be very risk averse in my early picks, mostly because of the damage done by drafting guys like Darren McFadden or Toby Gerhart. Look at the history of your player and any disruptive factors (age, usage, coaching change, team change) that could increase the uncertainty of the prediction. I'm also not a fan of taking rookies in early rounds for this reason.

3. Know the opportunity cost of your draft choices. Opportunity cost is the essentially the price you pay for the road not travelled. In fantasy terms it's the value of the players you won't draft because of your choice, either because your positional need is decreased or because someone else will draft them. This is one of the core philosophies behind value based drafting, but it's more than just points. It requires you to not only know how you will draft, but ideally also your opponents. Will you drafting player X force your opponent to draft player Y, or will that guy still be around on your next turn? The greatest feeling in the world is when you make your pick and someone after you cries out in anguish.

4. Develop your own tools for draft day and practice with them. I started making BeerSheets because I wanted something I could print out, bring with me wherever I went, and know that I could follow it to create my team. It needed to be fast, easy to read, and provide enough information to make the right decision without overwhelming you with data. Some drafts let you bring computers, others are just yourself and your mind. Whatever the rules, make sure you have the tools available so that you can stay on top of the draft order and always get the most value.

5. Tiers are superior to rankings. There is no way to predict that player X will do better than player Y with enough fidelity to rank them before the season starts. This is why I'm such a fan of using tiers to determine the relative projections of players. Realistically if two players are ranked right next to each other then there probably isn't enough of a difference to matter and you should be considering other qualities such as historic performance, opportunity, injury risk, competition, and upside.

6. Don't be a homer, but it's okay to have multiple guys on the same team. Aside from bye weeks it's not that big of a deal. What you don't want to do is be predictable enough for someone else to exploit your tendencies. The other side of this is drafting players from your team's rival. Can you stomach having someone you hate on your team? If the value is there consider swallowing your pride. Moral victories are for losers.

7. Don't be afraid to reach. The best experts in Fantasy Football average a 60% accuracy. Remember that the numbers are just guesses, and if you have a gut feeling there's nothing wrong with going with it. In the end it's your team and you should be happy with it.

8. The less predictable a position, the later that position should be drafted. This means drafting kickers and DSTs very late unless your scoring rules are weird enough to require a special strategy. Unless your draft rules require that you fill out your roster then don't bother getting a kicker. Use that last pick on a total flyer and see if anything changes leading up to Week 1. Just don't forget to pick up a kicker off the WW before your first game.

9. The maximum value you will get for your trade bait is the draft pick you just wasted, so don't even bother. Some people exercise a strategy of picking someone up with the express purpose of trading them immediately. Remember, the four QBs you cleverly picked up even though you didn't need them were passed over by everyone else. You just sacrificed a team need for a lottery ticket that isn't likely to pay off. This is a particularly egregious mistake in the top half of the draft. This is different from drafting a late round flyer and hoping they turn out to be a sleeper, which is sound draft strategy.

10. You can lose your league in the draft, but you win it in the waiver wire. No matter how well or poorly you draft, that's only a part of the game. Once the draft is done the real game begins. Follow the waiver wire religiously, and don't be afraid to drop your late round scrubs for something more promising if you get more information. I'm less enthusiastic about preseason trades unless you have access to new information or you're fleecing a homer.

11. Mock until you can draft in your sleep. Mock drafting is a fantastic resource. Not only is it fairly fun, but it also helps you see how players will be taken and understand trends. If you can get to the point where you can instantly see a reach or a steal then when the real draft happens you'll be far more prepared.