This will be my group of friend's first forray into fantasy baseball. Decided to give it a try after having played fantasy football for so many years.
I had a few questions, I was hoping you all could help me with.
1.) We currently plan on "allowing roster changes on monday". Does this mean on Yahoo that owners can ONLY obtain new free agents off the wire on this day?
You can set waivers to run on certain days. I would do Sunday night. The players won would go into effect on Monday. If any Free Agents are picked up during the week, it is OK. The roster changes just do not go into effect until Monday. I would also limit the roster changes during the week to something like 5. This way guys can't go crazy changing their rosters in a week.
2.) If so, would it be best to increase our bench? Currently we have 9-10 hitters (trying to decide on 1 or 2 utility players) and 8-9 pitchers. Current bench is at 5 (default).
Your active players are fine. I would just use one Utility. The bench at 5 is good also.
3.) On the pitcher settings, there is a Starting Pitcher, Reliever, and All Pitchers option. We are assuming the all pitchers can be either a starter or reliever? What's a typical league use for their pitcher roster setting?
I would just use the All Pitchers. This way each Owner can decide if he wants more Closers (Relievers for Saves) or Starters. It gives more freedom to set the rosters.
I hope you enjoy your first league. It is something that is great fun. If after your first year, you get the hang of things, try doing a Daily League next year. That is when you can do roster changes everyday instead of weekly. It gives everyone something to do everyday instead of once a week.