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Monday, May 26, 2008

Evaluating the team forecasts so far

By , 01:06 AM

Here is a chart of various forecasters’ pre-season team w/l projections, along with the Vegas lines (rounded to the nearest even whole number), along with each team’s current record prorated to a whole season, along with (finally) each team’s end-of-season expected w/l totals given their schedule, current record, and my estimate of their true talent win percentage.  The second to last column is if the average forecaster had to bet over or under the Vegas line, whether they would have won or lost if the season ended today (prorating each team’s current record to 162 games).  The last column is each team’s chances of winning the World Series given their schedule, current record, and true talent WP, as estimated by me.

Of course, comparing pre-season projections to current ones is a little unfair, as forecasters presumably consider who is on the DL at the beginning of the season, who is going to get called up mid-season, which teams might improve or get worse through trades, etc.

Team Pecota MGL Neyer Chone Vegas Current wins prorated Forecasters versus Vegas Projected end-of-season (EOS) wins Chance of winning WS (in %)

TBA 85 86 81 89 76 97 W 89 7
BOS 91 90 89 92 94 95 L 94 16
TOR 80 82 85 83 85.5 84 W 81 .7
NYA 93 92 94 92 94 81 W 86 4
BAL 73 70 67 65 65.5 79 W 74 0
CHA 79 77 74 76 78 89 L 83 3
MIN 78 76 75 76 74 81 W 78 .5
CLE 87 91 91 92 90 75 L 85 7
KCA 70 70 76 70 73.5 68 W 71 0
DET 83 88 90 91 93 68 W 82 3
ALA 87 87 88 91 91 93 L 89 9
OAK 85 80 82 75 73.5 89 W 85 4
TEX 73 75 74 72 75 81 L 75 .1
SEA 77 77 77 83 83.5 57 W 71 0
FLO 77 73 68 70 68.5 96 W 81 .9
ATL 85 87 85 83 86 87 L 85 4
PHI 81 82 84 87 88 87 W 86 5
NYN 90 91 95 92 93 78 W 86 5
WAS 70 74 71 70 71.5 70 L 70 0
CHN 90 86 91 87 87.5 94 W 89 8
SLN 81 78 77 75 76 93 W 85 3
HOU 72 72 74 75 75 90 L 79 .4
PIT 74 74 71 75 70 78 W 75 0
MIL 89 89 85 84 84 75 L 81 1
CIN 77 77 76 78 78 73 W 77 .2
ARI 88 86 85 85 88 97 L 92 12
LAN 85 85 88 84 87 86 W 86 4
COL 80 84 81 77 83 65 W 75 .1
SFN 67 66 70 72 71 64 W 65 0
SDN 83 86 86 84 84.5 59 L 72 0

The forecasters are beating Vegas so far, 19-11, which is no surprise, to me at least.

If we take the square root of the average squared error (root mean squared) for each forecaster as compared to the current records prorated to 162 games, we get 10.8 for Pecota, 12.6 for me, 13.3 for Neyer, and 13.8 for Chone.

Notice how some crappy teams with bad records still have some chance to win the WS, through luck alone.  Only BAL, KC, SEA, WAS, PIT, SD, and SF never won a WS in 10,000 seasons.  Also notice how small some teams’ chances are despite good records so far (because they are really crappy teams), like FLO and HOU.  Notice also how despite bad records so far, the Mets, Yankees, and Cleveland have a decent chance to win the WS!  These numbers are based on running 10,000 seasons through a sim which pits each team against another, according to the schedule, using a static WP for each team (and a log 5 matchup method).


#1    dcj      (see all posts) 2008/05/26 (Mon) @ 04:09

TEX 73 75 74 72 74 81 W 75 .1

Should this be an L?


#2          (see all posts) 2008/05/26 (Mon) @ 12:18

Great job, MGL. It’s hard to believe that Vegas had Tampa at 74 wins, talk about an arbitrage opportunity.


#3    Vegas Watch      (see all posts) 2008/05/26 (Mon) @ 12:50

MGL- it looks like you are using an early version of the Vegas lines.  If you want to get the full “wisdom of crowds” effect, you might want to use the lines that were out in late March.  They’re in the post my name links to.


#4    MGL      (see all posts) 2008/05/26 (Mon) @ 18:07

#3, sure, I’ll update the lines and the W/L.  I used a link from someone else in another thread.  Yeah, the Tampa line was ridiculous.  As I have said many times, there is only “wisdom of the crowds” when there is a requisite level of knowledge and expertise in the crowd.  Of course, the Vegas lines are a combination of what the uninformed public thinks and what a bunch of smart gamblers think.


#5          (see all posts) 2008/05/26 (Mon) @ 18:11

For comparison’s sake, here is what BP and MGL project for each team’s final record. I’m using the PECOTA-adjusted playoff odds report for BP’s figures. Unlike MGL, they are not updating the projections to reflect the first 30% of the season. They regress to whatever PECOTA had projected them to.

http://spreadsheets.google.com/pub?key=pGUUiOCPQyLatirAtkyA0Og


#6          (see all posts) 2008/05/26 (Mon) @ 20:32

I updated the Vegas lines, using Vegas Watch’s numbers (CRIS, as of March 19, I guess), and corrected TEX.  The forecasters are 19-11 versus Vegas so far.


#7    James Holzhauer      (see all posts) 2008/05/27 (Tue) @ 19:21

My updated projections are linked in my name.  I foresee some bigger rebounds for teams like the Yankees that have had to deal with lots of injuries, but I agree that while the Rays are for real, the Marlins and Astros are not.


#8    MGL      (see all posts) 2008/05/27 (Tue) @ 23:45

The fate of the Yankees I think depends on what you think of Kennedy and what you think will end up happening with Hughes.  Also, how will Posada be when he comes back?  I am not high on their pitching, although the one pitcher who is real good that no one talks about is Rasner.  If Joba is eventually in the rotation and is as good as everyone thinks, that is a couple of wins right there. Otherwise the only good one in the rotation is Wang of course.  And their offense is not nearly as good as in recent years.

I agree with you (and probably most of the other analysts) about most of the other teams, and my final wins and chances of division and WC are similar.  Hou and Flo are no good and probably will not last. The Mets are very good and so is CLE.  STL and Oak will probably fade.  MIL is a lot better than their record, although Gallardo going down really hurt them.  And of course the Pads are much better than their record but are so far behind that their season is over, not to mention the recent injuries.  They are the biggest mysteries of the season to me.  And of course, while TBA has played a little over their head, all the analysts knew that they were a very good team (86-88 wins), despite the 72-76 wins that Vegas put out.  Oh, and the CWS is not very good at all and should also fade.


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