Thursday, September 27, 2018

Like games - setting minimum number of games desired


Now it is time to deal with the question of what to set the minimum number of like games to be used. This is a parameter to the Like Game Routine. The purpose of the system is to identify a set of previous games most like today’s game, and hence predict likely final scores. One technique is to look at the correlation of the average scores of the games in the set compared to the actual final scores. 

I wrote a routine to set the minimum number of games at 50, then process each of the games in the past 11 years of data and calling the find like games routine. I saved the average scores from the like games, the expected scores from the spreads and totals, and the final scores. I computed the correlation between these numbers. I repeated this for 100 games, then 150 games, and so on.

Following is a summary for the NFL.

# Min Games
Corr1
Corr2
Corr3
Corr4
50
0.381
0.383
0.360
0.361
100
0.376
0.373
0.360
0.361
150
0.369
0.364
0.360
0.361
200
0.367
0.362
0.360
0.361
250
0.366
0.359
0.360
0.361
300
0.365
0.358
0.360
0.361
350
0.359
0.357
0.360
0.361

Corre1 and Corr2 are the correlations for the like games versus the actual scores. Corr3 and Corr4 are the correlations of the expected scores from the lines and the actual scores. An interesting note is that at 50 games, the like game scores are a better predictor than the lines. It’s not until about 200 games that the lines catch up.  I’ve decided to use 200 games because each score in the selected set will only have a 0.5 % impact on the probabilities, while at 50 games each would have a 2% chance.

Here is the comparable chart for CFB.

# Min Games
Corr1
Corr2
Corr3
Corr4
50
0.592
0.596
0.583
0.590
100
0.587
0.593
0.583
0.590
150
0.586
0.590
0.583
0.590
200
0.584
0.589
0.583
0.590
250
0.583
0.588
0.583
0.590

Again, the like games are a better indicator than the lines at the lower end. The line doesn’t catch up until about 200-250 games.

In my next post, I’ll put the like game system to work in looking for NFL money line wagers. I’ll post on Twitter, @ole44bill, when I post. If you have comments or questions add them to the blog or Email them to me at ole44bill@gmail.com. The forum at sportsbookreview.com is no longer an option. The thread I started on this topic has been deleted. Apparently, I violated a rule by listing a link to my blog.

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