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What are market rates

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194032.1
Date: 8/12/2011 2:54:43 PM
Overall Posts Rated:
7676
What does it mean to bid above the market rates? I was just in a bidding war for a player, I needed a big man for my team, because my star big has a 2 week injury. I hope I didn't do anything wrong by bidding more than the player is worth. I made a bid that was $20,000 more than he was worth.

I always try to avoid current bids and being in a bidding war because of the market rate rule. So did i do anything wrong by bidding more than the player is worth?

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194032.2 in reply to 194032.1
Date: 8/12/2011 3:08:48 PM
Overall Posts Rated:
99
There is no problem at all in bidding a player a little more than he's supposedly worth. Some of these estimates are really WAY off.

I do think GMs can have acess to the bids that a player receives, if need be. So I don't think getting caught in a bid war and overpaying for some player is an issue too. It may be a little stupid to do that, but I don't think its illegal.

In reality, there must be a huge disparity in the player value and the bid for it to be considered cheating. I wouldn't worry if I were you.

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194032.3 in reply to 194032.1
Date: 8/12/2011 5:59:55 PM
Overall Posts Rated:
2323
There is no issue if you get into bidding war in fact the bidding war is done only on great players and honestly i love to be in that. Just because the amount i'm going to pay to him in bidding i will get all that back in the games he plays for my team. As his performance will help me in winning games and that will put effect on attendance of my arena, TV contract, merchandise. So i think if the players i great get into bidding war. :)

Cheers!

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194032.4 in reply to 194032.1
Date: 8/12/2011 6:33:05 PM
Overall Posts Rated:
3030
The problem is not when people bid above the market rates (which needs to happen for the market price to go up) but when people make bids that are extremely above the market rate. When an outrageous bid occurs the most reasonable explination is that the one team is trying to help another team. And if you get in a bidding war that means that other user(s) thought the player was almost worth as much as you got him for so there should not be a problem. Also $20,000 is almost nothing unless the player sold for under 50K.

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194032.5 in reply to 194032.4
Date: 8/12/2011 7:04:44 PM
Overall Posts Rated:
7676
Ok thanks, that was great information, thanks a lot much appreciated.