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FAAB Waiver & Wire Strategy for Beginners: The Ultimate Guide 2024

Publish Date:24.01.2024
Fact checked by: Adan Cabal

Every fantasy football manager wants the best team for the job, and smart utilization of the FAAB waiver wire strategy helps you achieve that.

How? At the start of the NFL League season, every manager has a chance to draft players from a pool of unclaimed players (free agents) known as the waiver wire. This gives all teams an equal chance to have the best available talent possible. Let me walk you through how all this works in real life.

What is FAAB in fantasy football?

So, what is FAAB in fantasy football? FAAB, short for Free Agent Acquisition Budget, is when Fantasy football managers receive a set amount of between $100 and $1,000 virtual cash to spend on waiver claims for the season.

The idea is to stop one team from dominating the league by scooping all the best players, the waiver system levels the playing field. To add a player from the waiver wire, submit your blind bid expressing how much you’re happy to spend on that player.

The table below shows how a typical $1,000 budget works in the first 3 weeks of the season. The amount gradually goes down, as players have less impact on your team, the longer you wait to acquire them.

WeekSpendSpent to DateAmount Remaining
1$75$75$925
2$70$145$855
3$65$210$790

Waivers usually open on a Tuesday. After 24-48 hours, waiver claims are processed, with players awarded to managers who blindly wager the most. The bid amount is deducted from the budget, which is different from a scenario like a snake draft. What is a snake draft in fantasy football, you may ask? It’s where teams take turns drafting players live.

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FAAB waiver wire strategy pros and cons

You can make the waiver wire strategy FAAB work for you if you balance picking up useful players without burning through the budget too soon. Have a look at the pros and cons of using the FAAB waiver wire strategy:

Advantages
  • Round up the best players
  • It runs on the same day and time for everyone
  • Pick players based on their strengths and weakness
  • Help you keep an eye out for injured players
  • Handpick a player you particularly want
Disadvantages
  • Blind–bidding can be challenging
  • Funds might prematurely run out

Planning is everything

When used optimally, the FAAB waiver wire strategy can keep you at the top of the scoreboard. You just have to manage your budget effectively and pace your bids. Know your team’s strengths and weaknesses, and stay informed on the waiver wire. That’s the only way to plan strategically and build a competitive team!

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FAAB waiver wire strategy FAQ

📈 How does FAAB waiver wire budget management work?

FAAB waiver explained in terms of budget management involves allocating your budget wisely for the season. Overspending prematurely limits your player options later on, while being too frugal can cause you to miss out on valuable players.

What are some tips for executing the FAAB waiver wire strategy?

If you need to know how to bet on virtual football and win, it all boils down to executing the FAAB waiver strategy well. Have a waiver priority in place, pay attention to player injuries, and evaluate your roster’s strengths and weaknesses before making your bid.

📜 What is the waiver order?

In case you’re wondering what is waiver order in fantasy football, it’s when each team has a priority ranking. This determines the order in which they claim players and if the team’s claim is successful, it drops to the bottom of the list.

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