COMPUTER FORECASTING OF AUSTRALIAN RULES FOOTBALL FOR A DAILY NEWSPAPER

Authors
Citation
Sr. Clarke, COMPUTER FORECASTING OF AUSTRALIAN RULES FOOTBALL FOR A DAILY NEWSPAPER, The Journal of the Operational Research Society, 44(8), 1993, pp. 753-759
Citations number
14
Categorie Soggetti
Management,"Operatione Research & Management Science","Operatione Research & Management Science
ISSN journal
01605682
Volume
44
Issue
8
Year of publication
1993
Pages
753 - 759
Database
ISI
SICI code
0160-5682(1993)44:8<753:CFOARF>2.0.ZU;2-R
Abstract
An exponential smoothing technique operating on the margins of victory was used to predict the results of Australian Rules football matches for a Melbourne daily newspaper from 1981-86 and again for a competito r in 1991-92. An initial 'quick and dirty' program used only a factor for team ability and a common home ground advantage to predict winning margins. Probabilities of winning were accumulated to predict a final ladder, with a simulation to predict chances of teams finishing in an y position. Changes to the competition forced a more complicated appro ach, and the current version uses several parameters which allow for a bility, team/ground interaction, team interaction, and a tendency for team ability to regress towards the mean between seasons. A power meth od is used to place greater weight on the errors in closer matches, an d errors across the win-lose boundary. While simple methods were used originally, the Hooke and Jeeves method was used in optimizing the par ameters of the current model. Both the original model and the improved version performed at the level of expert tipsters.