This article is part of our NBA Draft Kit series.Welcome to the crash course on fantasy basketball auctions.
Auctions are the preferred drafting format for many fantasy experts, and they've increased in popularity in recent years. The knowledge required to be a strong fantasy basketball drafter is similar to a traditional snake draft, but the skills and strategies differ in a few key ways.
Whether this is your first time auctioning or you're simply looking for a refresher, you've come to the right place. Let's get started.
What are the basics of an auction draft?
Every manager starts with a set budget -- typically $200. Managers take turns nominating players for the auction block, and the nominated player is "sold" to the highest bidder. The draft continues until every roster is full. Take note: most host sites will force you to keep at least $1 per remaining roster spot, so keep that in mind as you get into late-draft bidding wars.
You've reached the end of our free article preview.