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Go Back   Sports Handicapping, Betting & Picks - SBR Forum > Sports Handicapping, Picks and Game Discussion > NFL Handicapping

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Old 09-08-2006, 12:25 PM   #1 (permalink)
Checkerboard
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Default How Much Clock Does it Take to Back a Theory's Winning Percentage?

Sample Theory: Team loses outright at home with negative three turnovers or worse. Take any points as home dog following week.

The thinking is the team will focus on ball protection in the
second week, especially at home (amends). Also, with a
minimum -3 turnover ratio the previous week, the score will
have been misleading as to this team's capabilities when not turning over. Public opinion going against this team would,
in theory, lead to pointspread value.

Now that I have a theory, I'll chart it's performance going
back in time. If it turns up a decent winning percentage, I'll
start playing it every time this scenario transpires from then
on.

My question is this:

How Much Clock Does it Take to Back a Theory's Winning Percentage?
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Old 09-08-2006, 03:57 PM   #2 (permalink)
Cyclone
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In my experience, you have to check at least 50 games to see if any particular theory will work.
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Old 09-08-2006, 06:31 PM   #3 (permalink)
Dark Horse
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You're talking about sample size. Everybody can come up with a 8-1 trend, but nobody would expect it to go 80-10.

This problem can be solved by using the Z-factor. Take the wins minus the losses, and divide by the square root of the sample size. If the Z-factor is above 2.5, you're in business.

Take the above 8-1 example.
8-1, divided by square root of 8+1. That is 7 divided by 3, or 2.5. (Note that 8-2 would produce 6 divided by square root of 10 = 1.90, so with this sample size things are still shaky).

How about a 60-30 record?
Z-factor is 60-30, divided by square root of 90. This is 3.16.

One more. 234-166 wins and losses. Z-factor is 68 divided by square root of 400 = 3.4.

The underlying idea is that a Z-factor of 2 has a 5% chance of being the result of luck (as in being totally random). A Z-factor of 3 only has a 1% chance of that.

Hope that helps.
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Old 09-09-2006, 12:02 PM   #4 (permalink)
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good info Dark Horse, thanks.
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Old 09-09-2006, 04:56 PM   #5 (permalink)
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Thanks for this equation Dark Horse.
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Old 09-10-2006, 10:38 AM   #6 (permalink)
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There are a lot of winning angles based on turnovers. Many are valid due to one common reason: turnovers occur randomly (there is less than a 20% correlation in turnover predictability. You can almost assume they are all random).
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Old 09-10-2006, 01:39 PM   #7 (permalink)
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Default Sample Theory at Top of Thread is Hypothetical . . .

Quote:
Originally Posted by Justin7
There are a lot of winning angles based on turnovers. Many are valid due to one common reason: turnovers occur randomly (there is less than a 20% correlation in turnover predictability. You can almost assume they are all random).
Thanks Justin7 . . . The theory at the top of the thread's
hypothetical . . . I'm only using it as an example of a potential
theory. Once one has any theory though, how much clock time do you think they ought to run it through before they put stock in it? Your thoughts would be appreciated.

For all interested in this topic, I found Dark Horse's url references above worth checking out . . .
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