Fantasy basketball is different because you need to seriously worry about guys who will destroy a certain category for you every week.
If you draft Dwight Howard, you will never win the FT% category and he'll probably kill your turnover category as well. He's the perfect example of a guy who is much better in real life than he is in fantasy basketball. Most fantasy basketball players avoid Dwight Howard like the plague.
What you need to understand with regards to free throw percentage and field goal percentage is that the number of attempts a player takes is very important. Dwight Howard shoots 59% FT AND he shoots 11 free throws per game. Thus his free throw percentage affects you far more negatively than Andris Biedrins who shoots only 32.3%, but only shoots 0.5 free throws per game, and has entire games where Biedrins doesn't even get to the free throw line.
You should avoid guys who shoot below 42% FG as well. Let someone else reach for a guy like Brandon Jennings, who shouldn't even be drafted until after the 10th round. Maybe not even then.
Start with this website.
You can list all the top players from the 2010-2011 season and filter by position, by per game stats, or cumulative stats, etc.
Account for player ages. Guys like Tim Duncan will fall off this year. You want to try to draft young up and coming players. Although this is more important if you're playing in a keeper league.
Also you need to be very wary of the team situations that players are in. Just like with fantasy football. In fantasy football, if Wes Welker were playing for the Niners, he would be worth a lot less fantasy wise, while he's a stud with the Patriots because of his QB situation.
Similarly, Chris Bosh is the third option on offense on the Miami Heat, so he doesn't have the fantasy impact that he did when he was in Toronto. That's not to say Chris Bosh could not provide you with value if you drafted him after the 40th overall pick though.
[ Edited by crzy on Nov 30, 2011 at 6:18 AM ]