Read The Times Australia

Daily Bulletin

A tip to win your office footy tipping? Don’t listen to the experts

  • Written by: The Conversation Contributor

The start of the AFL season brings with it one additional weekly commitment for thousands across Australia. As footy tipping competitions spring up across workplaces, in pubs and among groups of friends, many will be asking themselves:

Did I remember to enter my tips?

Predicting the outcome of each of the 198 home-and-away matches is no small task. However, in the age of internet forums and 24-hour news coverage, there’s never been more opinion written about who will win each game. But which of these sources are reliable? And which are simply unfounded speculation, cliché or guesswork?

I have examined a dataset of all home-and-away AFL games since 2010, and applied a few different tipping strategies to find which would have produced the best predictions. Some appear to be more reliable than others at a first glance. But which stand up to scrutiny against historical results?

The laziest method

The simplest system for generating tips is simply flipping a coin for each game.

Assuming you never tipped a draw, this would return on average around 49.6% of correct tips – exactly half of the matches that do not end up a draw.

There are clearly better methods to be used.

Home sweet home

Another simple system would simply be to tip the home team in each game, assuming there is some competitive advantage to home sides.

This is complicated somewhat by the number of teams sharing stadiums. The nine Melbourne teams share just two home grounds. In both South Australia and Western Australia, a single stadium is shared by two clubs. Nonetheless, each game has a designated home team, and this strategy involves tipping that side.

History suggests that this is superior to the naïve 50/50 choices, but not by as much as some people might think. Over the past six seasons, just over 55% of home teams have won.

Tip the leader

Another commonly employed method involves a simple glance at the ladder each week and tipping the side in the higher position. This method is widely used, especially among the sport’s less dedicated followers.

For simplicity’s sake, I have assumed Round 1 games are tipped according to a simple coin flip but all subsequent rounds are predicted by the ladder.

Unsurprisingly again, this method has delivered better results than either of the two previously discussed. Over the past six seasons, more than twice as many games have been won by the higher-ranked side. The success rate with this method was more than 70% in each of the 2011, 2012 and 2013 seasons.

The experts

Melbourne’s Herald Sun newspaper assembles a panel of experts to tip each round. This group of 28 (in 2015) or 29 (in 2014) consists primarily of AFL journalists, broadcasters and current and ex-players. It would be easy to argue that few people could predict results better than those who have played or write about the game for a living.

Across the board, though, the results are perhaps less impressive than you might think. In both years, the average expert called less than 63% of games correctly.

While some pundits did especially well in some years, their status as predictive geniuses is perhaps undermined when looking at both years together. 2015’s tipping champion was in the middle of the pack a year prior. 2014’s leader backed it up by dragging down the panel’s average in 2015.

Call on the statisticians

Since 1981, a computer program developed by Swinburne University’s Stephen Clarke has generated predictions for every AFL game. His work has been much discussed over the years and frequently claims to outperform most experts.

Although the exact formulae within the model have been tweaked over the years, it has always primarily relied upon two main factors – home-ground advantage and each team’s form, with heavy weighting on their most recent matches. From this, Clarke estimates that the home ground can be worth as much as a ten-point advantage in some games.

The tipping algorithm’s results are impressive. With more than 69% of correct tips in 2015 and more than 70% in 2014, it comfortably outperforms the panel of experts. Not one pundit was able to beat the computer in both seasons.

Bet on the bookies

Many tipsters will not enter their predictions without a quick glance at the latest bookmakers’ odds.

Relying on bookies’ prices is essentially a hybrid of several of these approaches, along with what statisticians sometimes call the wisdom of the crowd. Computer models and expert opinions inform the odds initially offered, but they frequently change in response to money wagered by the general public. If many punters start to back a team at a given price, their odds will soon shorten.

The simple strategy of believing that the bookmakers know best delivered better results than any other method I’ve discussed. More than 71% of “favourites” – the side with the shortest odds – in each of the past five seasons have won.

In cases where both teams were equally priced, I assumed a simple coin-flip scenario.

None of the other methods reached this benchmark in even a single season, apart from backing the higher placed side in the 2013 season. Even this was surpassed by the bookmakers method, which called almost three-quarters of tips correctly that year.

image CC BY-ND

Tips for success

If you’re looking to win your colleagues’ and friends’ respect – and possibly their money – you can do a whole lot worse than simply tuning out of the countless hours of TV and radio analysis and averting your eyes from the numerous column inches in print.

The arguments made may sound informed and eloquent, but they are not guaranteed to prove correct. History suggests that you are more likely to out-think yourself and overlook the obvious.

When it comes to consistent tipping success, a history of premiership wins, All-Australian honours or thousands of hours of airtime don’t count for that much. Perhaps, betting slip in hand, the humble figure in your local TAB outlet could tell you more than the “experts”.

Authors: The Conversation Contributor

Read more http://theconversation.com/a-tip-to-win-your-office-footy-tipping-dont-listen-to-the-experts-56208

Business News

Inside the Icon: The BridgeMuseum Officially Opens at the Sydney Harbour Bridge

A bold new way to experience one of Australia’s most recognisable landmarks has arrived, with BridgeClimb Sydney officially opening the all-new BridgeMuseum.  Located inside the Sydney Harbour Brid...

Daily Bulletin - avatar Daily Bulletin

Is Your Brand Showing Up in AI Search? Most Melbourne Brands Aren't.

The New Front Door Nobody Told You About Something changed. Quietly. Without a press release. The way buyers find businesses in Australia has been rewired. Not replaced, rewired. Google isn't dead...

Daily Bulletin - avatar Daily Bulletin

How Australian Businesses Can Measure SEO ROI

SEO can feel vague when you are staring at a dashboard full of numbers that do not clearly connect to revenue. The key is to measure the right signals in the right order, then tie them back to outcome...

Daily Bulletin - avatar Daily Bulletin

How Commercial Roller Shutters Improve Site Security Without Slowing Operations

Security upgrades can be frustrating when they make everyday work harder. A door that takes too long to open, creates bottlenecks at shift change, or fails at the worst time can turn “better protectio...

Daily Bulletin - avatar Daily Bulletin

Why a Document Destruction Service Still Matters for Modern Businesses

Businesses generate large volumes of information every day, from staff records and contracts to invoices, reports and customer files. While attention often focuses on how documents are stored, the way...

Daily Bulletin - avatar Daily Bulletin

Bicycle Rack Safety and Space-Smart Storage

Bike storage problems usually show up as small annoyances first: tangled handlebars, scratched frames, and bikes that topple when you pull one out. Over time, those issues become safety risks, especia...

Daily Bulletin - avatar Daily Bulletin

How to Tell if a Childcare Centre Is a Good Fit for Your Child

Choosing childcare can feel like you’re making a huge decision with limited information. Tours are short, centres are often on their best behaviour, and your child might act differently in a new space...

Daily Bulletin - avatar Daily Bulletin

Car Import Timeline: What Usually Happens at Each Stage

Importing a car into Australia can feel confusing because multiple agencies and checkpoints are involved, and the timeline is shaped as much by paperwork quality as it is by shipping speed. The most u...

Daily Bulletin - avatar Daily Bulletin

Portable Toilet Hygiene Standards Explained: Clean vs Sanitised vs Disinfected

In portable toilet servicing, the words clean, sanitised, and disinfected often get used as if they mean the same thing. They don’t. And that difference matters because a unit can look tidy and still ...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

If your appeal was with Gold Migration Lawyers, a recent change to how the Tribunal decides cases ...

The pressure cooker: life in urban Australia in 2026

Australian cities have always been demanding. Long commutes, rising housing costs, busy schedules a...

What Actually Makes a Good Criminal Lawyer in Melbourne

Most people only think about this question once. That is usually too late. Most people charged wi...

Why Working With A Chatswood Tutor Can Improve Academic Performance

Academic expectations continue increasing for students across primary school, high school, and senio...

Is It Worth Getting Solar Panels in Melbourne?

The real question is not whether solar works in Melbourne. It works. The question is what it is co...

How A Diploma Of Project Management Builds Practical Skills For Modern Work Environments

Developing the ability to plan, execute, and deliver outcomes efficiently is a key requirement in to...

How to Choose the Right Football for Every Level

Choosing a football may seem straightforward, but the right option depends on who will be using it a...

What to Ask a Wedding Photographer Before You Book

Booking a wedding photographer can feel deceptively simple: you like the photos, you like the vibe...

Why Stress Relief For Dogs Is Essential For Emotional Balance And Long-Term Wellbeing

Managing emotional health is just as important as physical care when it comes to pets, which is why ...