Today’s guest post – and instant analysis of the 2010 NCAA Tournament (posted within hours of the brackets being announced) — is yet another excellent offering from Erich Doerr . Erich first contacted me prior to the 2006 NBA Draft with a statistical preview in hand. Each subsequent year has seen improvement in the depth and breadth of his analysis. Outside of his basketball writing, Erich does consulting work for major software products by day and has started a fledgling sports-themed Open Source software initiative by night.
Sticking to what works, I’m here to share a statistical preview of the NCAA tournament. The text may appear familiar, but the numbers are fully updated and relevant to the 2010 NCAA tournament.
Figure One: Bracket based on Pomeroy Numbers
Figure Two: Bracket based on Sagarin Numbers
Again in 2010, I am relying on the two strongest public NCAA metrics in the Sagarin Ratings and Ken Pomeroy‘s Pythagorean Ratings. Statistics used by the Wages of Wins parallel Pomeroy’s approach, as both build off of offensive and defensive efficiency.
Figure Three: Teams Probability Tables
Since top seeds represent the best teams in the land, this approach will appear to heavily favor those teams due to their quality and favorable draw. The final results here attempt to predict the statistically most probable brackets, which are not necessarily the picks most likely to win an office pool.
By the numbers, who has the right to gripe? Well, both metrics agree that Kentucky has a difficult road ahead. Besides being the weakest of the #1’s, they have a brutal bracket that reduces their Final Four chances by 5-10%. The sweetest draw belongs to the Syracuse Orange.
For those looking to call that historic upset, both Syracuse and Kentucky are about twice as likely to lose their first round matches as Kansas & Duke.
Stepping back, both the Sagarin & Pomeroy brackets come out with similar predictions, differing in 6 out of 64 matchups. Nevertheless, both measures see Kansas & Duke in the championship game, with Sagarin’s Predictor preferring Kansas & Pomeroy’s Pythag backing Duke.
The tables linked above also provide odds by conference, seed, and region. Either the ACC and Big 12 win the title in 60% of all scenarios. Adding in the Big Ten and Big East accounts for 90% of all championships, leaving all other conferences a 10% NCAA title chance, combined. See the tables above and comment on your own favorite observation.
Finally, please note the Wages of Wins Journal does not condone gambling. These picks should perform better than average overall, but typically variance rules these types of pools. In general, an entry in a bracket pool has a 1/N chance of winning, where N = number of entries. Due to the layout of the NCAA tournament, it is highly improbable that a good set of picks could raise the pre-ante odds to even 2/N. Generally, there may be more gains to be had in shopping for the right office pool (i.e. the one containing the least informed participants) or game theory analysis if one was so interested in improving their office pool odds. Always note that past returns do not guarantee future performance.
For readers that would like to run their own simulations, I have made the tool I use to generate these odds available at www.xlssports.com. Feel free to download the Excel file and adjust any numbers as you see fit. Furthermore, advanced users should be able to modify the tool for other statistical measures. Enjoy the tournament, and best of luck.
– Erich Doerr
Notes:
Sagarin & Pomeroy stats are as of March 14th
For simplicity I assumed Arkansas Pine Bluff would lose in the play-in game
No injury information is taken into account in this analysis.
The WoW Journal Comments Policy
Erich
March 14, 2010
Small note on browser compatibility: Figures 1 & 2 work in IE & Firefox, but are missing lines in Chrome. Figure 3 only looks good in IE.
Many thanks to WoW Journal for the forum, and I’ll post updated numbers here throughout the tournament.
mrparker
March 14, 2010
always good to see your blog entries…looking forward to the draft
mrparker
March 14, 2010
Erich,
I was wondering if you had an opinion on which was the better way to decide a conference champion…regular season or conference championship? I just read an interesting take on that and was wondering if you had ever given it any thought.
Derrick
March 14, 2010
I always like seeing this, but there’s an error. Looks like New Mexico is listed twice, once in place of UNLV, on the brackets and the table.
Joe
March 15, 2010
What a great resource once again.
Once the error is corrected, I might just be lazy and submit one of these 2 since I don’t really follow college.
Evan
March 15, 2010
Of course, if it was 2/N, you would have an expected value of 100% ROI.
Erich
March 15, 2010
Comment goblin ate my response last night. Thanks for the proof reading Derrick. UNLV and New Mexico are similarly rated teams, so the analysis doesn’t change much. See my site for updated numbers until Dave is able to change his links or update the files he generously hosted.
mrparker, no promises on a draft article, and for what it is worth, I do not have a strong opinion on conference championships via regular season vs tournament.
Brandon
March 15, 2010
Any plans for adding home-court/semi-home court advantages?
Joel W
March 15, 2010
So, um, if one did condone gambling, and if gambling were legal, wouldn’t Duke and Wisconsin be the best bets to make?
Erich
March 15, 2010
Brandon, no plans to fine tune for the factors you mention. For people interested in trying their hand at those adjustments, feel free to download and tinker with the linked Excel tool.
Matt
March 16, 2010
Also, UC Santa Barbara vs OSU, rather than Santa Cruz.
DOS
March 16, 2010
Give the Gauchos some respect!!! Ohio State is playing UC Santa Barbara, not Santa Clara. (Not that it really matters after Friday…)
March madness Bracket
March 16, 2010
Everybody has their own unique way of predicting the tournament my buddy Rich is taking Kansas purely on a fundamental and momentum basis and nixing kentucky because of the forced OT against Mississippi state game. Great stuff none the less.
Erich
March 17, 2010
Matt & DOS, duly noted and respect given. The correction has been made. Thanks for the help.
Erich
March 22, 2010
Sweet 16 update- Championship odds
Team Pom Sag
Duke 31.84% 35.40%
Kentucky 13.39% 13.18%
Syracuse 11.32% 15.76%
Ohio State 11.26% 7.99%
Kansas State 7.89% 8.53%
West Virginia 7.10% 7.02%
Baylor 4.93% 3.07%
Xavier 2.17% 1.74%
Butler 1.94% 0.80%
Purdue 1.80% 1.59%
Michigan State 1.70% 1.60%
Northern Iowa 1.51% 0.44%
Tennessee 1.17% 1.39%
Washington 1.14% 0.91%
St. Mary’s 0.56% 0.47%
Cornell 0.28% 0.11%
hometownhostel.com
April 20, 2010
i bet on kansas state