Post by jimbo on Jul 1, 2015 0:23:44 GMT
Hi all,
This is just an idea for trading, player auctions.
We do it in an 'aussie rules' (look it up) fanyasy league I am in. It works really well. The rules we use are the following.
1. All players or picks to be auctioned should be listed with a closing day/time.
2. All players or picks being auctioned cannot be pulled before that day/time.
3. No asset being auctioned should be the subject of private trade negotiations nor used as part of a bid in another auction, until the auction of the asset has reached it's conclusion/closing time, with or without a sale.
4. Stating a reserve, or a preferred return type for the auctioned asset is voluntary.
5. The reserve is not reached on any asset until the seller says so.
6. Once a reserve has been reached the seller has the option to adjust the auction length, but to no less than 48 hours, or the end of the trade period, whichever is the lesser.
7. As soon as practical after receiving multiple bids on an asset the seller should indicate whom is in front, any reasoning is optional.
8. All auctions are final and irreversible unless via subsequent mutually agreed trade.
Example.
I have Erik Cole on my block. I would post an auction for him stating how long the auction runs and optionally what it will cost to meet reserve, people can then bid away (or not) until the closing time of the auction where I would state who won or if the reserve was not met. During the course of the auction its quite normal to say things like 'Dave has met my reserve on Cole with a 3rd rounder and is now the leading bid' so others can see what to compete against.
The player can not be pulled before the auction ends, although we have done it in the past if its obvious there is no interest, this rule is likely not a big deal unless someone actually makes a bid.
Thoughts?
This is just an idea for trading, player auctions.
We do it in an 'aussie rules' (look it up) fanyasy league I am in. It works really well. The rules we use are the following.
1. All players or picks to be auctioned should be listed with a closing day/time.
2. All players or picks being auctioned cannot be pulled before that day/time.
3. No asset being auctioned should be the subject of private trade negotiations nor used as part of a bid in another auction, until the auction of the asset has reached it's conclusion/closing time, with or without a sale.
4. Stating a reserve, or a preferred return type for the auctioned asset is voluntary.
5. The reserve is not reached on any asset until the seller says so.
6. Once a reserve has been reached the seller has the option to adjust the auction length, but to no less than 48 hours, or the end of the trade period, whichever is the lesser.
7. As soon as practical after receiving multiple bids on an asset the seller should indicate whom is in front, any reasoning is optional.
8. All auctions are final and irreversible unless via subsequent mutually agreed trade.
Example.
I have Erik Cole on my block. I would post an auction for him stating how long the auction runs and optionally what it will cost to meet reserve, people can then bid away (or not) until the closing time of the auction where I would state who won or if the reserve was not met. During the course of the auction its quite normal to say things like 'Dave has met my reserve on Cole with a 3rd rounder and is now the leading bid' so others can see what to compete against.
The player can not be pulled before the auction ends, although we have done it in the past if its obvious there is no interest, this rule is likely not a big deal unless someone actually makes a bid.
Thoughts?
i'll be doing it all on friday as its teh only day off I have at the moment. Sorry, we are down people and its long late shifts at teh moment. 