Thread: ratings to odds
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Old 10th March 2003, 09:20 AM
jfc jfc is offline
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Join Date: Jan 1970
Location: Sydney
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Vig,

although you've managed to figure out that the other methods are unsuitable, why do you insist on ignoring my method which clearly works and I believe is the only practical approach?

Now, much as I despise Z-scores they do contain some theoretical beauty.

Woof appears to be the only one besides me who realises that Z-scores CAN be used to calculate the probability that A beats B. If A and B are Normal, then so is "A-B", the distribution of every possible matchup of A vs B.

Trouble is I believe it's highly unlikely in typically chaotic races that ratings are Normal.



Quote:
It is not clear how the difference rating scores connected to the frequency of the number of times A beats B gives the probability that a wins. Maybe A and B have never raced.
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