A system of drafting that takes into account a players value more than any other statistic. VBD is a strategy that forces comparison between opponents during drafting and discourages simply choosing the best player left on the board. By specifically choosing players that will score much higher than your opponents' players in a certain position, you are selecting the most valuable player in relation to their team.
By using the value based drafting technique, participants can gain an advantage over their competition by targeting their weaknesses. For example, if in the fifth round of the draft a competitor notices that the best player left to be drafted is a quarterback, but their opponents all have great quarterbacks, this pick would be a waste. Instead, the competitor notices that his or her opponents do not have many great running backs. In this case, the competitor should draft the best running back available so that they can gain an advantage in that position and outscore his or her opponents in every match at the running back position, by a wider margin than he or she would have with the remaining quarterback.
There are three main criteria that go into value based drafting. The first is VORP, or Value Over Replacement Player. This asks how much better the player you are considering drafting is than the best player available player on waivers. VOLS is Value Over Last Starter, which asks how much better a player is than the final starting player at his position. Lastly, VONA is Value Over Next Available, or how much better that player is than the next pick at that position would be.
VORP, VOLS, and VONA can help you determine the value of each pick you make in the draft, using a VBD strategy.
In order to successfully utilize the value based drafting strategy, you have to have a good knowledge of the available players and their respective values. Be prepared! By knowing how well each player does and what they can bring to each team, you can easily make informed decisions that maximize the value of each position on your team in comparison to your opponents'.