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14 July 2022 22 comments
FPL Theorist FPL Theorist
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You hear all the time that the worst thing you can do in Fantasy Premier League (FPL) is “chasing last week’s points”. But what does this really mean, and are there varieties of chasing last week’s points that aren’t widely recognised? I’ll argue here that there are three types: the well-known chasing last week’s points in the strict sense, and also the lesser-understood chasing last week’s formation and chasing last week’s captaincy.

Chasing Last Week’s Points in the Strict Sense

Chasing last week’s points in the strict sense is what most people think of as points-chasing: buying the player who just scored the most points, generally also involving selling a player who has not been scoring many points recently. Traditionally, serious managers have accused “casuals” of chasing last week’s points for buying the top-scoring players regardless of future fixtures or other red flags, such as being subject to Pep Roulette. At times, this prejudice has gone so far as to make many managers stick doggedly to the players in their Gameweek 1 team, expecting that their original selections will ultimately be vindicated and the points-chasers will receive their comeuppance.

As time goes on, more and more managers have learned that opposition to points-chasing does not mean mere stubbornness and refusal to modify their position on any asset. For example, in reviewing their seasons afterward, a large number of famous managers looked back regretfully upon their refusal to buy out-of-position £4.0 “defender” John Lundstram early in the 2019/20 season, which many less-engaged managers did without hesitation. At the time many managers expressed shock that those who had chased last week’s points with assets like Lundstram and Teemu Pukki were being rewarded for it. These days, there is more of a recognition that there has to be a degree of flexibility, especially at the start of the season when managers start with very little knowledge about certain teams and players. At times during the 2021/22 season, it almost seemed that managers were more keen on chasing anticipated points from Double Gameweek players or very explosive players with good fixtures – witness the mania for Reece James (£6.0m) when he returned from injury in Gameweek 31, only to troll his opponents with multiple cameos off the bench.

There’s no foolproof solution that will completely eliminate human error, but for the most part, you need to take emotion out of the decision and evaluate the likely amount of points an asset will score as dispassionately as you can. Don’t let fear of effective ownership play too large a role. For example, after a haul for Lucas Digne (£5.0m) shortly after his arrival at Aston Villa in January 2022, many bought Digne even when they could have easily bought an additional premium defender from a better team. The observation that “everyone” would witness Digne’s good run of fixtures and buy him was widely cited as a reason to buy this notoriously unreliable asset. Those who swerved Digne in favour of better assets from better teams were ultimately rewarded. Using predictive analytics models that quantify everything objectively is one way to avoid being swayed too much by herd mentality.

Chasing Last Week’s Formation

The second type of points-chasing, chasing last week’s formation, occurs when players in a certain position perform particularly well in one or two Gameweeks, making FPL managers think they must invest more in that position by switching formation to capture the anticipated hauls in subsequent Gameweeks. For example, a large number of premium defenders haul, so suddenly big at the back is all the rage. Managers take hits to restructure their squads and increase investment in defence, only for the next week’s dream team to be dominated by attackers.

What happened? Managers mistook random noise for signal and decided to restructure their teams at significant cost in transfers and potentially points hits. Ideally, switching formation should only be done for a fairly long period of time, supported by strong evidence from more than just one or two Gameweeks that a particular position is outperforming. That’s particularly important when you’re on a Wildcard; if you’re preparing to Wildcard to a big-at-the-back team, make sure it is really a structure you want to commit to. Don’t Wildcard in four premium defenders and then decide you don’t actually have much faith in those defenders, and you’d rather start the £5.5m midfielder you brought in originally with the intention of making him first sub. Know your style, and as Az says, back yourself!

Chasing Last Week’s Captaincy

The last type of points-chasing is chasing last week’s captaincy. After a certain player hauls, FPL managers are far more likely to deem that player “in form” and captain him, even when another player has a better fixture and is rated higher by prediction models. An example was when Cristiano Ronaldo (£10.5m) disappointed with an unexpected blank against Newcastle in Gameweek 19, causing managers to revise their plans and not captain him at home to Burnley the next week, when he rewarded his few loyal captainers with a haul. During the latter part of the 2021-22 season, managers who switched back and forth between owning Son Heung-min (£12.0m) and Harry Kane (£11.5m) were punished as Son broke a string of blanks just around the time many of his owners switched to Kane. The perils of making this switch were well-recognised, but for managers who owned both, the dangers of switching the captaincy to the “hot” player were still very serious and under-recognised. After Son’s blanks, many began captaining Kane instead and missed out on captaining some of Son’s biggest hauls. It would have been better for managers to simply decide they prefer to captain one or the other and stick with their decision until the hauls came. However, the perceived need to defend against the player with the highest effective ownership often pushes managers toward a less-than-optimal decision.

Conclusion

Points-chasing in the strict sense isn’t the only way managers hurt their FPL performance by chasing last week’s points. It’s often very expensive in both transfers and hits to change structure to chase last week’s formation, and requires determination to resist the herd mentality generating the perceived need to chase last week’s captaincy. To minimise harm from unproductive points-chasing, use objective criteria focused on future expected points, and be prepared to resist the ubiquitous peer pressure to make decisions based on ownership.

FPL Theorist (Formerly Major League Shocker) Contrarian stock market investor (which might creep into my FPL thinking a bit too much at times). Main FPL research interests include how to use transfers, styles of play, season planning. Resisting groupthink. Overcoming cognitive biases to make more rational decisions. Twitter: @FPLTheorist Follow them on Twitter

22 Comments Login to Post a Comment
  1. avfc82
    • Fantasy Football Scout Member
    • Has Moderation Rights
    • 16 Years
    3 years, 5 months ago

    Thanks for this Theorist... enjoyed reading that!

    1. FPL Theorist
      • 6 Years
      3 years, 5 months ago

      Glad you enjoyed it, Tom!

  2. snow pea in repose
    • 5 Years
    3 years, 5 months ago

    Definitely food for thought, thanks

    1. FPL Theorist
      • 6 Years
      3 years, 5 months ago

      Glad you enjoyed it, Snow Pea!

  3. @persecuted_by_mods
      3 years, 5 months ago

      So true, been guilty of changing my formation

    • Sameobi
      • Fantasy Football Scout Member
      • 7 Years
      3 years, 5 months ago

      The opposite for me, mind.

      “Ah, look at this one-off loser: he’s never going to do anything again after this. Can’t believe everyone’s after him”: about Michu.

      1. DazF90
        • 11 Years
        3 years, 5 months ago

        Same
        DCL 2 seasons ago really hurt me

      2. FPL Theorist
        • 6 Years
        3 years, 5 months ago

        Yes, I've been a very stubborn manager at times, and although I think I've improved somewhat, it still is something I have to guard against!

    • Egg noodle
      • 15 Years
      3 years, 5 months ago

      One more thing I chase is previous seasons points!

      The Colemans and the Bruno Fernandeses of this world...

      1. FPL Theorist
        • 6 Years
        3 years, 5 months ago

        Yes, you could certainly argue that all the buyers of Digne are doing that every year. Remembering his first PL season fondly and hoping that form comes back, which it never has.

      2. LangerznMash
        • 9 Years
        3 years, 5 months ago

        This is me. So many times I’ve gone back to Walcott and Dele Alli thinking they to come good again.

    • Harry the Hack
      • 16 Years
      3 years, 5 months ago

      There's one factor not mentioned here in chasing last week's points, and that's price movement. FPL price changes are designed to reward follow-the-crowd. If you need that extra 0.1 for your next trade, you know the quickest risers will be players with recent scores.

      1. FPL Theorist
        • 6 Years
        3 years, 5 months ago

        True, if your style is based around maximum team value, you may have to do this.

        Again, buying the players who just hauled is not necessarily always bad, but has to be done carefully.

    • BANGLA FPL
      • 9 Years
      3 years, 5 months ago

      Great read, Theorist!

      1. FPL Theorist
        • 6 Years
        3 years, 5 months ago

        Is that you Abdullah? Didn't know you were on Scout!

    • Andy_Social
      • 13 Years
      3 years, 5 months ago

      Good read indeed - although as a contrarian myself, I feel compelled to suggest some of this wisdom is only clear in hindsight. It's fair to say some players hopped off Son as captain in error as he subsequently hauled, but far more (myself included) doggedly stuck with captaining Salah in the second half of the season whereas in retrospect we know realise we should not have kept the faith. For every rule, there is an exception.

      1. FPL Theorist
        • 6 Years
        3 years, 5 months ago

        True, I captained Salah a lot late in the season too, with similarly poor results!

      2. 2001: A Space Origi
        • 7 Years
        3 years, 5 months ago

        Can someone give me a link to this great read please and also an appraisal of this would be great:

        OK, please critique this thoughtful draft and yes it is Haalandless!

        Mendy (Guaita)
        TAA, Cancelo, James, Perisic (N Williams)
        Salah, Kulusevski, Bruni Guimaraes, Martinelli (Benrahma)
        Darwin, Jeses (Greenwood)

        I feel this is solid and attacking option in 10 starting outfield players and great cover on bench in GK, Def and Mid. Greenwood is fodder.

        I am using Twitter a lot more this year, so would love to follow/engage with any Vets on here. FPL Dude (Ade) @adeharr

        Keep up the great work FFS, I hope I can subscribe next season as been playing Fantasy football since it's original conception in the early 90's.

        Love to all, hope you have fun and some great times this season. See you at the Fantasy Fest in waterloo if you are going.

        1. Andy_Social
          • 13 Years
          3 years, 5 months ago

          Link? It's this very page. If you can't read it, it will be because it's only available to paid members.

          1. 2001: A Space Origi
            • 7 Years
            3 years, 5 months ago

            Thanks Andy. Damn! I am hard up this year, due to being full time carer for my wife, can't afford the sub....so will have to keep up with the chat, which is still free and excellent and always follow your comments, very inciteful, that'll keep me going, and all you other vets. be subscribed again next season, love the site.

    • Wrong Captain Choice - Ag i…
      • 16 Years
      3 years, 5 months ago

      That was an amusing article. As I have done all of the above at various times over the years. What I try to do now after a few game weeks is look out for the bargain value players. Because if I manage to get 3/4 of them picking a starting eleven becomes easy.

    • seamusseamus
      • 11 Years
      3 years, 5 months ago

      Raya (4.0)

      TAA Cancelo Doherty Cash Trippier

      Salah Son B.Guimaraes Kulisevski (Benharama)

      Toney (Undav, Greenwood)