This is my second year doing anarchy. Last year I finished 8th in Anarchy League 5,
writeup here. This year I drafted two anarchy teams, one in league 5 and one in league 3 taking over for a missing owner. A posted my general strategy in the general thread
here, so this is just a few of the specifics about my AL5 team. My general approach, in brief, is to go by my draft list for the first half of the draft (not worrying too much about roster balance or runs) and then to pay more attention in the second half of the draft to filling out my roster and not getting stuck with junk. I usually find that the value is at WR/TE early and RB in the mid rounds.
In my other anarchy drafts my first 5 picks have always been WR/TEs, but this draft played out differently. Rounds 1-4 I got major point scorers, including 2 RBs along with 2 WRs, which left me with more flexibility for the middle rounds. Rds 5-8 were 4 very solid players with upside (2 TE, 1 RB, 1 WR), although now one of them is on IR. Rds 9-11 were a solid WR, a solid TMQB (now not-so-solid after the starter's been cut), and a decent RB. Over the last 7 rounds I filled out my roster, including pretty strong defenses & kickers, 2 hopefully decent WRs, and a scrambling quarterback.
1.13 WR White ATL (WR2) - close call between him & TE Witten
2.04 RB Mendenhall PIT (RB7) - a workhorse on a good team; a clear first rounder in ordinary leagues & just ahead of WR Fitzgerald on my draft board here
3.13 RB Hillis CLE (RB14) - another do-it-all back who's underrated this year
4.04 WR Lloyd DEN (WR17) - I'm a believer in Lloyd too, at least as a high-end WR2
5.13 TE Keller NYJ (TE12) - a step down from what I hoped to get here; WR Boldin (pick 5.11) was the end of a tier
6.04 RB Moreno DEN (RB26) - a great round for RB value, with several starters left and not much at other positions
7.13 TE Moeaki KC (TE20) - the Chiefs' #2 target should catch a lot of passes and has some upside... but now he's out for the season
8.04 WR A Green CIN (WR39) - has looked like a pro in preseason; good to get any team's top WR this late
9.13 WR D Bess MIA (WR46) - he's the kind of unsexy pick I like in this format (I took him in the 8th on my other team); consistently catches a lot of balls and ranks in the 30s
10.04 QB Jaguars JAC (QB25) - Garrard has been the most average fantasy QB over the past 3 years which makes him good value here... but now it's McCown/Gabbert
11.13 RB Sproles NO (RB49) - one of the last RBs left with a clearly defined role that should consistently get him touches
12.04 D Bears CHI (D10) - a good defense, but I probably should've taken WR Williams SEA or TE Fasano here
13.13 K Cundiff BAL (K5) - a good kicker; worth getting since I just missed out on a tier of WR/TEs
14.04 WR Washington TEN (WR71) - a starting receiver
15.13 K Longwell MIN (K19) - filling out my kickers
16.04 D Vikings MIN (D18) - a pretty good defense, surprised they're still here
17.13 QB Seahawks SEA (QB31) - avoiding Dalton, and Tarvaris Jackson will get points with his legs as long as he keeps the job
18.04 WR D Jones BUF (WR84) - a starting receiver, for now; there's some risk but also some upside across from Stevie Johnson