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That's a valid assumption if the models are better predictors than the bookies.
The real question is why there's a marked difference between the bookies and the models! There are quite a few R1 games like this. On the site, you can see that Punters (which are really bookies) are a lot more optimistic about Essendon's chances against the Hawks, for example, and more pessimistic about North's vs West Coast.
What's going on is information asymmetry: Punters know something the models don't. None of the models (I think) are sensitive to off-season personnel changes, so they don't know that Essendon is regaining a bunch of players as well as, perhaps, some self-belief and passion, nor do they know that North cut a bunch of veterans while West Coast acquired a player who's so good he won a Brownlow in the off-season.
So the Punters have an advantage over the models here, and I reckon they're probably more right. It's hard to beat the bookies at the best of times, and this isn't the best of times: it's been six months since the models last tasted fresh data, while human beings have had that time to think about just nine games. That's an advantage-humans situation. In a few rounds time, it should balance out, as we start to struggle to make intuitive sense of the mix of results, while the computers can go about processing it and forming objective conclusions.
You would need a lot better data to map off-season changes, and much of that data is not publicly available. How do you weight expected output of a number 1 draft pick versus that of fourth round pick? How do you plot that over the season? For example, Andrew McGrath had a good debut, and will get better as he gets more experience, but will probably tail off in the final rounds of the season (and will probably at some point be rested).I wonder if you can increase your data points to include players. That way you can take into account personnel changes in the offseason. I think you could even factor in expected output from a draft position plus expect improvement in the first 5 year and expected loss of output after 28. Perhaps an injury or time out of the game could lead to a drop in expected output.
Yay Squiggle has us 10th! Moving up in the world
Fingers crossed Geelong have a bad year. We'll be able to meet our 9th quota with their first round pickKeep beating sides like the Eagles and doing what is necessary over the easier sides and9thfinals is a monty for Richmond. Especially with Rance returning to form today, and Martin continuing on.
Actual margin 29 points
Squiggle margin 32. Not bad
Geelong 99 - 67 Melbourne
Got GWS winning but missed the rest
I'm 4/6 and as you say not too worried as millions wouldn't have had Freo either so all goodYou would think very few would've got Freo winning.... boy oh boy i can't wait to see what that does to the Dogs squiggle!
www.live.squiggle.com.auYou would think very few would've got Freo winning.... boy oh boy i can't wait to see what that does to the Dogs squiggle!
Yay Squiggle has us 10th! Moving up in the world
I still think they're a little under-rated. The Squiggle currently has them finishing equal second last with 7 wins.I think the Squiggle has Essendon correct. Their wins so far aren't that inspiring.
Has them all at the right end of the ladder though!I still think they're a little under-rated. The Squiggle currently has them finishing equal second last with 7 wins.
I think, despite yesterday's result, Essendon will finish higher than Carlton, Gold Coast, Fremantle, Brisbane and, if they keep playing the way they are currently, Hawthorn.