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by icelancer 4781 days ago
As someone who has written 10k+ loc on simulators, markov chaining, and done tons of analysis on baseball projections... I don't know where to start.

I honestly don't. (You are very, very far off the correct methodology.)

But maybe this is a good place, I guess.

http://www.oakton.edu/user/4/pboisver/AABaseballMath.html

I am not trying to be a jerk. But ask yourself: If it were that trivial, why wouldn't it be a snap to crush online sportsbetting?

6 comments

http://espn.go.com/blog/playbook/dollars/post/_/id/2935/meet...

Just a random article. I've met him through poker. He had a radio show for a while, and he stated that if you have a 2% edge over a bookie, you can easily make a million dollars a year. Anyone who thinks they have an edge and isn't also very wealthy is simply mistaken.

2% is enormous and can't last for very long, of course.
Why (as a European, but my dad is big a DET-fan) do you guys estimate WPE from high level variables?

Baseball is basicly a lineup versus lineup sport, right? Or in terms of the link: Q per team is variable between matches. An additional modelling level should estimate Q per team per match, before estimating Qx - Qy.

Without Cabrera, DET has a harder time winning. Same for the big bearded guy.

As a sidenote: some guy posts his code (+) and gets upvoted (+). He's not aiming to change the world, or to become a 100-million firm. He wants feedback and to improve his approach. We can give him that without the "aararrrgh, but Terrence Tao is much smarter than you"? Otherwise, just don't upvote :)

Agreed. The post isn't clear at all what his goal is, and the methodology makes no sense
Yeah. My first thoughts were that the methodology is extremely questionable. I know it's arguable that successive games aren't necessarily independent trials, but analyzing a game in terms of streaks, is so incredibly "un-mathematical" I don't know where to start. To top it off, there's no reasoning about why it might be the case that "streak" analysis might give insight into the why of things.
Thank you for the article. Believe me, I am very much aware that this is elementary. I hoped to – but apologize that I didn't – make it clear that making predictions requires incorporating many many factors. It was a fun script for me to code, and I was excited to see it work the night I wrote it. But I also understand that this will need more testing and to be based off of far more information to be anywhere close to accurate.
Yup, and his analysis does not take the strength of the team into account (Vegas calls this the spread). It like betting the Miami Heat with Lebron will win a high percentage of games, well of course, everyone can make that bet.
Thank you- I also built several baseball sims and this article is just insultingly ignorant! Maybe thats a little extreme, but that was my reaction.
I'm sorry it came off that way. I am very aware that the script in its current form does not come remotely close to doing justice given all of the data thats out there and necessary to incorporate. I meant to make it clear in the article that this script is completely elementary – it was a fun thing to code, but nothing remotely resemblant of what it takes to predict sports with accuracy.