🤯 That Does Not Make Sense #1 🤯

The Mystery of Points Per Million 🤔

To kick off a series on FPL misconceptions (I hope will be useful for 20/21), first I'll cover "points per million" & the problems with how it's used by the community 👇 (Look for the 🚨 for key points) 🥝.
Firstly, what is points per million (ppm) 🤔?

A player's ppm is just the points they have accrued 📈 divided by their price 💰. On the FPL website it is called "Value".

For example, in 19/20 🏙️KDB cost £9.5m & scored 251 pts. Therefore his ppm was 251/9.5 = 26.4 (1dp) 🔢➗👊🥝.
The idea is that this will give you a picture of a player's value for money, allowing you to compare players across different price ranges 💸.

Then you will know whether spending £9.5m on KDB is "worth it", or whether you would be better off spreading the funds elsewhere 🍯🔁🥝.
By this logic 🧠, the best value players from last season (by end price) were:

32.7 🍷Pope
31.3 ⚔️Lundstram
30.8 ⚔️D Henderson
28.9 🐺Patricio
28.7 🐦Ryan

Hang on! There are 4 GKs here 🧤. Does that mean GK is the most important? Obviously not. So what's really going on? 🧐🥝
Well, there are multiple flawed ideas at play here 😬.

🚨Firstly, ppm is a completely meaningless number in terms of how the game actually works.🚨

You have to pick exactly 5 MIDs & have a total budget of £100m. What if every MID cost £2.0m less & your budget was £90m? ⚽💸🤔🥝
Then the game would be exactly the same 😮! Say you spent £Xm on non-MIDs & £(100-X)m on MIDs. Then in the new game you can still spend £Xm on the same non-MIDs & £(100-X-10)m on the same MIDs as they each cost £2m less (so £10m less overall).

Nothing changes at all 🤷‍♂️🥝...
...except ppm. You guessed it 👩‍🎓, even though the game is exactly the same, suddenly the ppms for MIDs are drastically different 🤦‍♂️.

❕ Now the best value players are:

44.4 🔰Cantwell
41.7 🐺Dendoncker
39.1 🦁Douglas Luiz
38.9 ⚒️Rice
38.2 🦁Grealish

Ppm does not make sense 🥝.
🗣️"But kiwi you can't only change MIDs & not the rest! That's where the problem is!"

❌ Nope. Let's raise the prices of every player by £10m 💷 & increase the budget to £250m (£10m times 15 players = £150m extra).

We've done the same to everyone & it's still the same game 🥝...
❕ ...but now we get:

12.2 🏙️De Bruyne
11.9 🔴TAA
11.3 👼Ings
11.2 🍷Pope
10.8 😈Martial

There is a more even spread which looks completely different to the 4 GKs 🧤 we saw earlier.

We can even make prices 0 or negative & keep it the same game but ppm does not make sense. 🙃🥝
Is there a better way to think about player value 🤔? In this thread you can see an example of figuring out players' "true values" by subtracting the minimum prices of players in that position (as you are required to fill every position anyway) 👇:

https://twitter.com/FPLRatchet/status/1290257728674377730?s=19

🧐🥝
This is a reasonable start. A popular next step is to work out a minimum number of pts to associate with each position's cheapest player 🔢. Then subtract that from a player's points to get Effective Points (EP) ➖, i.e. how many more they get you than the cheapest player. 🤓🥝
For example, 😈Rashford was £8.5m & scored 177 pts. Greenwood was £4.5m (the cheapest) & scored 103 pts 🥅.

So if you had Rashford then you paid £4.0m more to get 74pts more 👨‍🏫. The value was 74/4 = 18.5 🔢.

Is this fixed then? Let's look at the cheapest in each position🔍🥝...
These were the highest scoring 📊:

🧤 GK
20 ⚒️Martin
11 🔰McGovern
🛡️ DEF
144 ⚔️Lundstram
84 🍒Rico
64 🦅Kelly
51 😈B Williams
26 🐦Lamptey
⚽ MID
111 🔰Cantwell
100 🐺Dendoncker
90 🦁Douglas Luiz
73 🏰Hayden
71 🔫Saka
🎯 FWD
103 😈Greenwood
61 🐦Connolly
39 🔫Martinelli

💸🔥🥝
I've included enough to fill a team because that's essentially what's happening 👨‍👨‍👦‍👦. We start with a base team for £64m (8×4.5m + 7×4m), & see how many more points we get by adding in different players 🔁. So in order to calculate EP (& EPpm), we'll take an average by position 🥝.
The averages are:
🧤GK 15.5
🛡️DEF 73.8
⚽MID 89.0
🎯FWD 67.7

Now we can rate more expensive players 💰 by their "EPpm" calculated by:

EPpm = (pts - average)/(price - min)

(min = 4 or 4.5 based on position)

Note EPpm is not affected by changing prices how we did before! 😁🥝
Let's see the top EPpms (by start price) 🧐:

🧤 GK
309 🍷Pope
289 ⚔️Henderson
🛡️ DEF
136 ⚔️Baldock
118 ⚔️Egan
108 🐦Dunk
98 ⚔️Basham
92 🦊Soyuncu
⚽ MID
82 🐺Traore
40 🦁Grealish
37 😈Martial
32.4 🏙️De Bruyne
32 Mount/Shelvey/Rice/Noble
🎯 FWD
129 🦅Ayew
87 👼Ings
42 🐦Maupay
🥝
Now we create our wonder team, + bench/C/VC:

Pope 170 (v +22)
Lundstram 144
Baldock 142
Egan 133
KDB 251 © (+251)
Martial 200
Grealish 149
Mount 137
Ings 198
Ayew 132
Maupay 131
-
Martin (0)
Traore (55)
Dunk (38)
Soyuncu (8)

We've amassed 2161pts 👊, surely winning... oh 😬📉🥝
Above courtesy of @EricDFreeman & @FPL_Defender ☝️:
https://twitter.com/EricDFreeman/status/1287518781166714880?s=19
https://twitter.com/FPL_Defender/status/1287690118028046337?s=19

What happened? Well, we only spent £81.5m 🏦. Despite the "fix", cheap players still dominate EPpm 📊. This exposes a 2nd flaw:

🚨Points do not increase linearly with price.🚨🥝
The fundamental idea 💡 in ppm is points increase linearly with price. No matter when, if you ever do points➗price & expect a constant K, then you are drawing a line on the points vs price chart with gradient K 📈.

Top players from the last 2 seasons show this flaw below 👇🥝:
Price per million is hard to fix because it relies on this flaw, and that's before we even get on to captaincy & bench players 🤯.

So how can you know which players represent the best value 💸🤔?

I would argue that it might be helpful to think about it differently 🧐🥝:
The best value 1-2 players per position are usually easy to spot anyway 👀 - you don't need a complex metric to put Pope, TAA, Lundstram, KDB, Martial, Ings, Jimenez in your team 🤷‍♂️.

To fill the rest, I recommend first creating a gut feel team. You have to start somewhere! 🥝
Then take groups of 2-3 players and try replacing them with different combinations 🔁. Comparing these will truly tell you which potential team is best, instead of estimating with some fancy metric 🔢🤷‍♂️.

For example, if you want to know whether Aubameyang is worth £11m 🔫💰👇:
Simply compare a combination of Auba + 1-2 others with another combo that spreads your money differently 💷🔛.

Worried that a couple of better MIDs will give better value 👛? Just test it! Get a conclusive answer rather than a guess ✔️👊.

This idea is explained well here 👇🥝:
https://twitter.com/FPL__Raptor/status/1286615499376340998?s=19 🔥 thread by @FPL__Raptor 🦖

If you don't know where to begin (but you do use FPL twitter 🐦), by all means check out differential & value threads 🗣️⚽ - just don't use ppm alone as it really does not make sense.

Thanks for reading! 🤓
Kiwi out 🎤👊🥝
PS:

With this included, this is the longest thread you can tweet in one go (25 tweets) 😮!

Some accounts who (based on a quick search) might find this interesting 🧠: @FactsFpl @Prem_Tipster @FPLChurch @allaboutfpl @FFH_HQ @FPLTIPZ @fplreview

Feel free to discuss below 👇🥝...
This has had such an amazing response - thank you to everyone in the #FPLCommunity for your kind words 🗣️, likes ❤️, RTs 🔁 and mostly just bothering to read it at all 📖🤗🙏!

I've been blown away by the support 💨 for me, for this, and for each other 🤝. Thank you everyone! 🥝
You can follow @theFPLkiwi.
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