FLSeahawk
Well-known member
- Joined
- Mar 23, 2021
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Not sure where you got your 1, 2, and 3 point victory percentages from but this is the historical outcomes since 2000. It’s roughly 4%, 4%, and 15% respectively.The points differential is a function determined by win probability. There is about a 2.5% the game ends up with a 1 point margin of victory. The chance of a 2 point victory is about 2.0% . There's between 8.5 and 9.3% of a 3 point victory. Obviously there's a slightly bigger chance of the favourite winning by any of these margins than the underdog. The probabilities are also altered by the number of points expected to be scored in a game. If the game is more likely to be low scoring the probability of a narrow victory is increased. All the 49ers -2.5 line means is the 49ers are considered to be a 54.7% chance with the Seahawks a 45.3% chance...give or take. If the 49ers were a 52.6% favourite the line would be -1.5. If the 49ers were a 63.7% chance the line would be -3.5.
Just remember that betting handicap points are not equal in value. They don't imply that a team will win by a specific margin or that a team is better by that specific margin. 3 is the biggest number and 7 is the 2nd biggest number. 6 & 10 are the other big 2 numbers. Everything else is pretty small.
Your win probabilities look about right off the top of my head, maybe a hundredth off here or there.
Either way, I’m glad there are actuaries out there that like sports. Moneyball opened a lot of doors after Billy made it famous.
