Recent Podcast Appearances – HQ Radio and PullHitter Podcast

I had the opportunity to make a guest appearance on two of my favorite podcasts in the last several months. Read below for details and links to listen.

Baseball HQ Radio with Patrick Davitt (September 16, 2022)

I discuss this a little during the interview with Patrick, but when I first started this website and was trying to immerse myself in different opinions and tactics for playing rotisserie, Baseball HQ Radio was a huge help in learning and improving. I went so far as to listen to all the old interviews as far back as my podcast player would go. I believe the format of the podcast has change slightly over the years, but the guest interviews with teachers and unique thinkers like Ron Shandler, Gene McCaffrey, Triston Cockroft, Mike Gianella, Todd Zola, and many others were helpful at forming my approach.

Even though the podcast took place while the 2022 season was still ongoing, as with much of my content, I try to keep things pretty evergreen and always relevant. We discuss a lot of strategy and fantasy baseball philosophy, along with some break down and conclusions from the 2022 season.

It was an honor to make an appearance on this show. HQ Radio is legendary and one of the longest running podcasts around.

The episode runs over three hours, but my segments all fall within the first half of the show.

PullHitter Fantasy Baseball with Rob DiPietro (January 13, 2022)

Welp. If you thought the HQ podcast was eventful, this may have topped it. Rob (2020 NFBC Draft Champions winner) lined up to have me, Jeff Zimmerman, Steve Weimer (2nd and 6th overall in 2022 NFBC Main Event), Phil Dussault (2021 NFBC Main Event, NFBC Auction Championship winner and 2021 Online Championship runner up), and Toby Guevin (multiple time NFBC Main Event and high stakes league winner). I don’t think this much NFBC success has been on one podcast before.

This conversation covered a wide range of topics and interesting discussions, ranging from The Process to how the group is handling the MLB rule changes, as well as some very interesting strategy and process discussions about topics like aggregating projections and how managers should best spend their time

I will note that I really enjoy listening to Rob’s podcast and how he takes the individual interviews with fantasy managers to the next level of depth. Some folks object to very lengthy podcasts, but I think that’s the beauty of the medium. There’s no way to uncover a lot of the details that Rob is able to by forcing an interview to fit within a tight window. The conversation here does ramble at time, but then there are some truly valuable nuggets and discussions that wouldn’t have surfaced if we had followed a more structured format.

Below you’ll find the link to the podcast as well as a snippet Rob created from some of my commentary.

My Mantra – Stay Balanced

“There are many different ways to win.”

I heard this on a podcast recently. Can’t remember which one. So, I can’t give credit. It’s also not the first time I’ve heard the phrase. Maybe I shouldn’t worry too much about it.

I agree with this statement. But since I’m a natural contrarian (ask my wife) my knee-jerk response is, “Yeah, but there aren’t an infinite number of ways to win.”

I think about this a lot. Probably too much. Maybe the thoughts that follow are obvious. Or maybe I have some unique insight to share. So here goes. Besides, I haven’t written a true blog post in a long time. Buckle up.

Seeing this Tweet is what ultimately pushed me over the edge to write this:

I’ll agree with the author here. In life we think a lot about those black lines. We tend to be backwards looking. Either relishing in the past or wallowing in it. The Stoics would want us looking at the green path into the future and all the possibilities that exist. But we like to be crippled by bad decisions and feel sorry for ourselves.

I may well be wrong, but I get the impression that most of us are the opposite in playing fantasy baseball. We have to be inherently forward looking. The stats accumulated in the standings can’t be changed. They are what they are. We have no choice but to pull up the free agent listing and plan for the future.

We talk about the future all the time. We are always “preparing”. Projections, prognostications, adding players for the future, dynasty leagues, pursuing a championship. It’s all forward looking.

Maybe that’s why we like this game? Is it inherently optimistic?

Anyways, we fake baseball players tend to forget our past decisions. I’m here to be negative and bring us back to all of our horrible decisions!!!

That’s not really my intent. Some good retrospection and review is good at the end of the season. But I’m not proposing we start looking in the rotisserie rearview mirror any more than that.

I do think the image is insightful and helpful at demonstrating a key bit of strategy I try to always bring myself back to… Stay balanced.

I’ll go as far as to say this is my guiding principle in playing rotisserie (it’s not so relevant for points leagues). I use it any time I’m struggling with a decision. Should I take a pitcher or a hitter? Should I take speed or power? Do I take my third outfielder or my first catcher?

We discuss the topic in The Process but don’t beat the reader over the head with it. I’m about to beat you over the head with it.

Stay balanced!

The phrase is purposely ambiguous. It can mean so many things, all of them helpful. Here are some examples:

  • Don’t allow yourself to get backed into a corner. Keep your team balanced in both pitching and hitting. Keep a balance across statistical categories. Avoid putting yourself in a situation where you can’t take advantage of good fortunes that come your way. If you are out of balance, needing pitching, and an amazing hitter falls in the draft your decision point becomes getting even further out of balance or passing up the opportunity.
  • Balance the risk and uncertainty on your roster. Don’t be too risky. Don’t be too conservative or risk averse (BTW, if you say “risk adverse” and you’re a podcaster, I have shaken my fist at you before). You don’t want to be the manager rostering Oneil Cruz, Adalberto Mondesi, and Justin Verlander. You also don’t want a team full of Randal Grichuks and Mark Canhas. There is value in pursuing upside and floor. Both serve a purpose.
  • Continue reading “My Mantra – Stay Balanced”

“The Process – 2020 Edition” Now Available

This year’s edition of The Process is now available!

About the Book

A very thorough and detailed write-up of what’s included in the book is available here. At a high level, this book is everything Jeff Zimmerman and I know about how to play rotisserie baseball (and even points leagues). Regardless your level of experience, I guarantee it includes pages and pages of unique ideas, research, and data you have never seen before. We continue to pour our new ideas, new research, and recent realizations into it. The e-book is 265 pages and includes 58 additional pages of appendices full of projections, statistics, and helpful information.

The paperback edition of the book can be purchased from Amazon.com by clicking here.

Want more detail about the topics covered in the book? You can see the table of contents here.

Want a testimonial that the book is this thorough and contains the value we say? You can read a Clay Link’s (RotoWire, 2018 TGFBI Overall Champion) introduction to the 2020 edition here. Or you can see what many other respected fantasy analysts (Rob Silver, Rudy Gamble, Eno Sarris, Mike Podhorzer, Mike Gianella, Tim Heaney) had to say about the 2019 edition here.

My Favorite New Part

Keep reading for details on all that was added to this 2020 edition, but my favorite addition is a detailed study that performed on the 2018 NFBC Main Event, including all the player adds, player drops, and final standings of all 34 leagues and 510 teams. The study sought to confirm if the advice and strategies in the book can be observed and corroborated in the actions of the game’s best managers. The NFBC Main Event, with its $1,700 buy in, prestigious name, and overall competition aspect, offers the best laboratory to study this.

That new study delves into many topics:

  • How much does draft position affect the chances of winning a league?
  • Do better owners just accrue more playing time? Or are their players also accumulating more stats per AB and per IP? How much more?
  • How many free agent transactions do the best teams make?
  • How do these better owners spread their transactions throughout the season?
  • How do these better owners allocate their FAAB spending?
  • What bidding patterns can be observed from winning teams?
  • How do these owners allocate transactions between hitters and pitchers?
  • How often do these owners acquire two-start pitchers? Closers?
  • How much season-long value do these owners acquire and drop during the season?
  • How much weekly value do these owners acquire and drop during the season?

For example, here’s a table of data in the section analyzing how owners finish in the standings and the amount of moves spent on closer speculation.

Closer acquisitions in the 2018 NFBC Main Event.

 

A Personal Note

I’m really proud of this book. Or shall I say, this annual publication that we’ve started. But the intent to have annual editions creates a significant challenge. The book’s main strength is its long-term nature. Much of what we discuss are fundamental concepts to success at rotisserie baseball. Those ideas are not going to change much from year-to-year. It’s certainly going to be a test to keep the book relevant and worthy of your time and money. We understand that.

I am confident we can do this. Afterall, I’ve been writing on this site for several years now, exclusively with a long-term slant to my analysis. I don’t have much time to write. So I choose to focus my efforts doing research, writing instructions, and building tools that will have long-term benefits. I simply don’t have time to devote to writing short-term pieces that will be irrelevant within weeks or even days. Despite blogging for several years and having written a handful of books, I still feel as though we’re finding new ways to play and think about rotisserie baseball. I see no shortage of strategy-related questions to research.

You can see this in the topics we expanded in this year’s book. Among the higher-level strategy questions approached in this year’s book are:

  • Are rookies more volatile than established hitters? Does a rookie’s upside offset the possible downside? Do rookie projections differ from the projections of MLB regulars?
  • How much does a player’s previous levels of fantasy-production affect their future performance? Do these players offer a higher return on investment than those that have never before attained a given production level?
  • What are the key differences owners should know about the SGP and z-score player valuation models? Where are these systems similar?
  • How does the cost of closers during the draft compare to their cost in free agency (FAAB)? How does the cost of starting pitchers differ?
  • How much value should multi-position eligibility add to a player’s valuation? (Note: This topic was included last year, but we expanded our thoughts)
  • Having studied how weekly values appear in 12-team leagues during the 2017 season, how much did things change in 2018? How does the appearance of weekly values change in a 15-team league?
  • What do average weekly statistics lines look like for players? For example, what does a $30-35 weekly hitter line look like? What do valuable weekly pitcher statistics look like?
  • What strategies and behaviors can we observe from the NFBC’s amazing data (standings, adds, drops, etc.)? What behaviors lead to success? What beliefs about how to best play rotisserie baseball can we confirm by studying this data?

On top of all this, Jeff and I continue to evolve the way we play the game and we share those changes and decisions with you. Here are the new discussions of strategies, tips, and tools included this year:

  • We co-owned a team together this season. We share what we learned from this experience, both during the draft and in-season. Our general recommendation is that partnering is very helpful, especially for leagues where there is a grind of weekly transactions.
  • To that end, we outline the weekly FAAB process we went through together on that shared league. Having a consistent weekly routine is the key to uncovering valuable players and to avoiding under- or over-bidding. We share the process that works for us.
  • We outline the specific tools we use to identify FAAB targets and two-start pitchers. We also share the process we go through for setting lineups and finding important last-minute MLB news.
  • We explored different approaches to dealing with catchers this past season. We share the results of those strategies.
  • We share a FAAB binning strategy that helps owners stay disciplined about overbidding and maintaining a healthy weekly budget.

Do you have to read through the entire book hunting for what’s new? No! We kept track for you. You can see a full list of changes and jump right to the updated content. Here’s what that list looks like.

Please Click the ‘Buy Now’ Button Below to Purchase the e-Book for $17.99

After clicking the “Buy Now” button, you’ll be taken through an online checkout process using PayPal. There is also an option to pay with a debit or credit card. After completing the purchase, a link to download the PDF book will immediately be e-mailed to you. You can read the PDF on any mobile device, PC, or tablet.

 

Or Click Below to Buy the Paperback Edition at Amazon for $22.99

Click here to buy The Process – 2020 Edition: Integrating Valuations and Biases into a Winning Fantasy Baseball Formula at Amazon.com.

“The Process – 2019 Edition” Now Available

The Process is now available!
Twitter 1500x500

I partnered Jeff Zimmerman (Fangraphs, Rotowire, Fantrax, multiple-time Tout Wars Champ) to write this comprehensive e-book guide (PDF) that outlines the start-to-finish process we go through during a fantasy baseball season. Please click here to buy The Process e-book.

 

How to Win Your League

The book is a chronological guide through the fantasy baseball season, with the main goal being to help you win your league. The topics covered are:

  • Use of Projections
  • How to Adjust Projections
  • How to Convert Projections to Values/Rankings
  • How to Adjust Values and Rankings
  • Draft & Auction Preparation
  • Draft & Auction Strategy
  • In-season Management & Strategy
  • End-of-season Management & Strategy
  • Wrapping Up the Season

Player valuation and how it is determined are big themes in the book.
Player valuation and how it is determined are big themes in the book.

As you read through that list, you may be thinking, “I already know that topic,” or, “What more could be said about that?” But that is what I’m most proud of. I think we managed to provide unique perspective, insights, and studies that have not been seen before.

If you’re not an experienced owner and you’re looking for a place to start, The Process can help you too. It is a comprehensive guide, but we also present shortcuts and alternate ways of doing things. You can pick and choose the topics or areas in which you want to expand your game. Adding one or two new strategies or tactics to your own process each season is a great way to improve over time.

I’m also very proud of the way we were able to weave in a lot of theory, so owners are not just presented with a way of doing things, but can also understand the “why”, so it can be applied to similar situations in the future.

Cognitive biases and other decision-making concepts are also sprinkled throughout the book. We believe this combination of process, theory, and decision-making tactics makes The Process a unique tool for fantasy owners.

Tell Me More About What’s Included

One of the more interesting studies included in the book is around the concept of weekly player values. Much of the research and decision-making fantasy owners do centers around annual valuations for players. Yet outside of draft and hold leagues, we don’t make decisions on an annual time horizon. Most owners must make decisions on a weekly or even daily basis. A study of weekly player valuations sheds light on how well we capture value in the preseason, what kinds of players create weekly value, and when new value appears during the season.

This table is one of many in a study of how well fantasy owners do at capturing weekly hitter and pitcher value.
This table is one of many in a study of how well fantasy owners do at capturing weekly hitter and pitcher value.

The book also includes average standings data and standings gain points calculations for many popular league variations. Save hours of time having to calculate these yourself!

Example AL-Only OBP  Average League Standings Data
Example AL-Only OBP Average League Standings Data

This data is provided for the following league types:

  • 15-team, Standard League (14 hitters, 9 pitchers)
  • 15-team, 1-Catcher League (2 utility hitters)
  • 15-team, OBP League (instead of batting average>
  • 15-team, Draft and Hold League (no in-season pickups)
  • 12-team, Standard League
  • 12-team, OBP League
  • 12-team, AL-only Standard League
  • 12-team, NL-only Standard League
  • 12-team, AL-only OBP League
  • 12-team, NL-only OBP League

What Do Others Have to Say?

You don’t just have to take my word for it. Some of the minds I most respect in the fantasy baseball community have taken the time to read the book and offer their feedback (Rob Silver, Rudy Gamble, Eno Sarris, Mike Podhorzer, Mike Gianella). You can see what they had to say here.

Please Click the ‘Buy Now’ Button Below to Purchase the e-Book for $17.99

After clicking the “Buy Now” button, you’ll be taken through an online checkout process using PayPal. There is also an option to pay with a debit or credit card. After completing the purchase, a link to download the PDF book will immediately be e-mailed to you. You can read the PDF on any mobile device, PC, or tablet.

 

How to Analyze SGP Denominators from Different Sources

Do you know if the SGP calculations you’ve done for your league are accurate?

Are you concerned that your home run SGP denominator is 8.87 and Larry Schechter’s book Winning Fantasy Baseball suggests using 5.93 for a 12-team league? Or that your RBI calculation shows 22.31 and the 12-team NFBC history I just calculated shows 19.55?

What does this all mean? Will your rankings be accurate? How can they be when your denominators seem significantly different than those you see elsewhere?

Calm Down, These Numbers Are More Consistent Than You Realize

I know. You’re wondering how on Earth I can say that. How can a HR denominator of 8.87 be consistent with one of 5.93?

To be honest, I’ve had those same fears about SGP. I feel so scientific and strategic by calculating SGP. And then I look at my denominators in comparison to what I see published elsewhere and that confidence evaporates and is replaced with doubt.

In this post I’m going to share an important realization I just had about SGP (yep, I’m still learning too), show you how to properly compare your SGP denominators to different resources, and demonstrate that the dollar values calculated by different sets of denominators are more similar than you would believe. When we’re done here, I think we’ll all feel a lot more comfortable about things.

Story Time

This story starts with me calculating the SGP for the last three seasons of NFBC leagues (which make their standings information publicly available).

I read Winning Fantasy Baseball a couple years ago (if you haven’t read it and you’re about to read 2,500 words on SGP denominators, you really should get the book), and I vaguely remembered the book giving SGP denominators for a variety of league types. I wanted to verify that my findings were similar to Schechter’s.

Here’s what I found:

Source BA R HR RBI SB
2015 12-team NFBC Online Championship 0.00180 19.92 8.43 19.55 7.59
Winning Fantasy Baseball 12-team League 0.00165 15.52 5.93 16.30 5.93

Damn. WTF does this mean? Those don’t look close to me. Did I do something wrong?

A Very Important Point

As I looked more closely at the book, I noticed I missed a very important point the first time I read it. Next to each number, Schechter had calculated a “relative SGP value”.

SGP Type BA R HR RBI SB
Raw SGP Denominator 0.00165 15.52 5.93 16.30 5.93
Relative SGP Denominator n/a 1.05 2.75 1.00 2.75

And here’s the important point Schechter makes about these calculations:

… when you’re trying to adjust SGPs for leagues of various sizes, it’s important to realize that the raw value of the SGP isn’t very important, but rather the ratio of the values.

~ Larry Schechter, Winning Fantasy Baseball

Mine Is Bigger Than Yours Is

I glossed over that red bolded sentence on previous reads (because it’s not bolded red in the book…). But this small statement buried in the middle of the 350-page book is exactly the point I needed for the self-doubt I was experiencing.

So in order to hopefully save you the same trouble, take note! You can’t compare your SGP denominators to someone else’s. You have to convert them to a relative scale first.

Raw Versus Relative – An Example

Let’s focus in on just the HR and RBI stats from the table above.

SGP Type HR RBI
Raw SGP Denominator 5.93 16.30
Relative SGP Denominator 2.75 1.00

If it takes 16.30 RBI and 5.93 homers to move up the standings, this essentially means that one home run is 2.75 times more important than one RBI (home runs are more scarce, so getting one of those is more valuable than the more common commodity, RBI).

16.30 / 5.93 = 2.75

Do you remember working with fractions in elementary school? I liken this practice to that whole “lowest common denominator” charade we had to go through. Dropping the SGPs to a relative scale is like converting them to a lowest common denominator. If you leave the SGP factors grossed up at these high numbers (like 5.93 and 16.30), it’s more difficult to see the relationships you can see when they’ve been translated into the relative scale.

One More Math Concept

If you read Using Standings Gain Points to Rank and Value Fantasy Baseball Players or if you’re generally familiar with the SGP approach, you know that we would divide a player’s home run total by the home run “SGP denominator” to know how many SGP the player contributes due to his homers.

For example, if a player is projected by 30 home runs, an SGP denominator of 5.93 would indicate the player’s homers are worth 5.1 points in the standings (30/5.93=5.1). If the same player is projected for 83 RBI, an SGP denominator of 16.30 suggests the RBI are also worth 5.1 SGP (83/16.30=5.1). The 30 HR are worth the same as 83 RBI (5.1 SGP).

However, the way Larry Schechter has calculated his relative SGP would require you to multiply a player’s stats to achieve that same equality. For example, the 30 HR multiplied by 2.75 is 83 “points”. The 83 RBI multiplied by 1.00 is also 83 “points”. The 30 HR are worth the same as 83 RBI (83 relative SGP).

For Consistency, I Will Calculate Relative SGP Another Way

If you look back at the big bolded numbers above, Larry Schechter used the largest statistic (RBI for hitters and K for pitchers) as the numerator in his conversion. I will use it as the denominator.

5.93 / 16.30 = 0.364

I’m mostly doing this because everything I’ve written about SGP to this point tells you to DIVIDE BY THE SGP DENOMINATOR (heck, it’s called a denominator, meaning it’s on the bottom of the fraction). To now tell people to MULTIPLY BY THE RELATIVE SGP DENOMINATOR seems too confusing to me.

I’m sure I’ve confused the hell out of everyone at this point either way. And I apologize for this. But I think this topic is very important to understand. I’m giving it my best! Even if you’re confused, keep reading. I think this will all pull together very nicely in the end.

Going back to our example of a player with 30 HR and 83 RBI, if I divide by an SGP denominator of 0.364 I get that same 83 “points” (forgive the rounding), meaning the 30 HR are worth the same as the 83 RBI under this approach. So whether you use Schechter’s relative numerator and multiply or my relative denominator and divide, you get the same results.

How to Calculate “Relative” SGP Denominators

I’ve talked a lot about multiplying and dividing. So just to be clear, to put your SGP denominators on the same relative scale, choose the category with the largest numeric value, then divide each stat categories raw SGP denominator by that largest raw SGP denominator.

The largest numeric denominator is typically RBI for the hitting categories (the 16.30 from above is the largest SGP denominator) and strikeouts for pitching.

For the rest of this post I will be using this calculation of relative SGP denominators and NOT the way suggested in Winning Fantasy Baseball.

My NFBC Relative Versus Winning Fantasy Baseball’s 12-team Relative

Using the method described above, I calculated the relative denominators for Larry Schechter’s 12-team suggestions and my 2015 NFBC findings. Here are the results:

WINNING_FANTASY_BASEBALL

First look at the white lines. These give me that queasy feeling I was describing earlier. He’s saying 5.93 HR for a 12-team league? And I came up with 8.43? That’s 2.5 HR difference. How can these suggestions even be in the same ballpark?

Now look at the yellow-shaded lines. After everything is put on the same scale things look a lot more reasonable. When you look at all items on a relative scale, you can see many of the categories are strikingly similar (BA, R, RBI, SB, K, SV), but still show small variations. There is some variance in the other categories, but things don’t look as stark as with the raw denominators. This supports our beliefs about SGP being able to “tailor” to our league tendencies and preferences, but still leaves me feeling a lot more comfortable that my denominators are in fact closer to Larry Schechter’s than it appears on the surface.

Right around this time I’m starting to feel more comfortable with my analysis. But I’m also very curious about what happens if I start looking at SGP denominators from other sources. So I set out to find as many sources as I could find.

NOTE: After publishing this article, it came to my attention that there’s a typo in Winning Fantasy Baseball that makes this last segment somewhat less relevant. I’ve elected to keep it in despite this.

Other SGP Denominator Sources

The reliable sources I was able to locate for this analysis are:

Not bad. I was able to scrape up 13 different resources for comparison. And I threw in the average of those 13 resources as my 14th.

Here’s the Raw SGP Data

You can see things are all over the map. You can see general patterns, but the data fluctuates wildly. Some of the raw SGP denominators are almost double others. For example, Larry Schechter’s 12-team HR denominator is 5.93 while Razzball’s 2012 article calculated a 10.40!

And Here’s the Relative SGP Data

Continue reading “How to Analyze SGP Denominators from Different Sources”