- Aug 31, 2012
- 7,550
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Re:
Yeah, for one, they assign everyone else zero chance, which is absurd. But they can't even be compared to bookmaker odds at all because they are conditional on everyone having top shape, rather than conditional on all available public information. They are not predictions given what we know know, they are predictions given what may never transpire.
Forecasting how far off top form the riders will be is of course of the crucial aspects of forecasting who will win.
Though LaFlorecita may well 'feel' that the bookmaker odds ignore relevant public information like Contador's prepraration for the Tour not being ideal this year or Froome's impending fatherhood, there is no evidence that this is the case and plenty against it (why would people that actually risk money ignore it? why are odds so good at predicting if they ignore public information?)
Valv.Piti said:But these odds are just way, way off.
Yeah, for one, they assign everyone else zero chance, which is absurd. But they can't even be compared to bookmaker odds at all because they are conditional on everyone having top shape, rather than conditional on all available public information. They are not predictions given what we know know, they are predictions given what may never transpire.
Forecasting how far off top form the riders will be is of course of the crucial aspects of forecasting who will win.
Though LaFlorecita may well 'feel' that the bookmaker odds ignore relevant public information like Contador's prepraration for the Tour not being ideal this year or Froome's impending fatherhood, there is no evidence that this is the case and plenty against it (why would people that actually risk money ignore it? why are odds so good at predicting if they ignore public information?)
