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Old 09-12-2012, 09:51 AM   #310
DJ's left nut DJ's left nut is offline
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Join Date: Sep 2005
Location: Columbia, Mo
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Quote:
Originally Posted by Pestilence View Post
Maybe OTWP or Sofa can answer this for me....
You're wrong.

FAAB auctions do not work like Dutch auctions (your bid goes up to the highest amount necessary) rather they work like silent bid auctions - if you win, you pay what you bid.

So in the scenario you posted, Team A pays $40 because he won the bid with that figure. It encourages intelligent, but not reckless, bidding. Otherwise you'd just bid over what you think his actual value is and let the Dutch Bid bail your ass out.
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