Matter of Stats

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Same Again?

We have a record 21 bets this weekend, again including a couple of tiddlers from New Heritage, and again covering all eight contests.

This is the overall story:

  • New Heritage Fund: 7 wagers for about 37% of the Fund. The two largest bets are at $1.08 and $1.50, though there is a brave 2.15% wager on the Eagles away to the Blues.
  • Prudence Fund: 5 wagers for about 18.5% of the Fund. The Bulldogs, at $1.65, and the Saints, at $1.08, carry the majority of the Funds at risk.
  • Hope Fund: 2 wagers for about 11%, including what could only generously be described as a speculative wager on the Dons at $5.75 against the Cats. The other bet is on the Crows at $2.25, facing the Premiers.
  • Chi-squared Fund: 3 wagers for around 12.5% of the Fund. The bets include a chunky wad on the Dogs and two smaller wagers on Freo and Collingwood.
  • Line Redux Fund: 4 wagers for almost 17% of the Fund, the tiddler being on the Roos +6.5 against the Lions but only at $1.85 on line betting (not, as I was expecting, $2.10).

If you're an Investor, I recognise that, with this level of activity, it's hard to get your head around exactly what a given result will mean for your personal wealth. So, for the first time this season, I've decided to produce a Ready Reckoner for the round, which appears below:

The first block of data pertains to those Investors who have the Recommended Portfolio. The first row of that block provides information about the effect of different outcomes in the Carlton v West Coast game. If Carlton, the Home team for this game, wins head-to-head and on handicap, these Investors will suffer a 0.26% decline in the value of their total portfolio. If, instead, Carlton loses head-to-head (and so, by definition loses on handicap, it being the favoured team and so giving start), these same Investors will enjoy an increase of 0.54% in the value of their total portfolio.

Subsequent rows provide the same information for the round's other games. Subsequent blocks provide the same information for all games for other Investors.

On the far right of each block I've provided one measure of the importance of each game for each Investor, such measure being based on the difference between the best-case and worst-case outcomes. So, for example, the Bulldogs v Swans game is very important to those Investors with the Recommended Portfolio; best case they could make 3.51%, worst case they could drop 5.35%.

Turning next to tips:

  • Carlton are favoured 11-2 over the Eagles. Only EI I and EI II are on the Eagles - the last and second last tipsters amongst our cadre.
  • The Dogs are favoured 10-3 over Sydney. None of the support for Sydney comes from our top tipsters.
  • Brisbane are 7-6 favourites over the Roos, but the Roos can count Shadow amongst their supporters. Both ELO and Chi have this as one of their Games of the Round, though Chi has opted for as many Games of the Round this week as Bruce McAvaney has on his list of "special" athletes.
  • St Kilda are the unanimous pick over the Dees.
  • Fremantle are, similarly, unanimous tips, in their case over the Tigers. This is, however, another of Chi's 1-point margin games and so another Game of the Round.
  • Hawthorn are favoured 7-6 over Adelaide and have BKB, ELO and CTL amongst their supporters. Chi has this game as his third (yes third) Game of the Round; ELO has it as its second Game of the Round.
  • Geelong are favoured 10-3 over the Dons. None of the top tipsters are opting for the Dons.
  • Collingwood are favoured 10-3 over Port. Amongst Port's backers, the only tipster of note is CTL.

Finally, on Line Betting:

  • Chi's line bets are West Coast, Sydney, Kangaroos, Melbourne, Richmond, Adelaide, Essendon and Port Adelaide.
  • ELO's line bets are West Coast, Western Bulldogs, Kangaroos, St Kilda, Richmond, Adelaide, Essendon and Port Adelaide.