Models for generating NCAA men’s basketball tournament bracket pools
Ludden Ian G. (),
Khatibi Arash (),
King Douglas M. () and
Jacobson Sheldon H. ()
Additional contact information
Ludden Ian G.: University of Illinois, Computer Science, Urbana, IL, USA
Khatibi Arash: University of Illinois, Industrial and Enterprise Systems Engineering, Urbana, IL, USA
King Douglas M.: University of Illinois, Industrial and Enterprise Systems Engineering, Urbana, IL, USA
Jacobson Sheldon H.: University of Illinois, Computer Science, Urbana, IL, USA
Journal of Quantitative Analysis in Sports, 2020, vol. 16, issue 1, 1-15
Abstract:
Each year, the NCAA Division I Men’s Basketball Tournament attracts popular attention, including bracket challenges where fans seek to pick the winners of the tournament’s games. However, the quantity and unpredictable nature of games suggest a single bracket will likely select some winning teams incorrectly even if created with insightful and sophisticated methods. Hence, rather than focusing on creating a single bracket to perform well, a challenge participant may wish to create a pool of brackets that likely contains at least one high-scoring bracket. This paper proposes a power model to estimate tournament outcome probabilities based on past tournament data. Bracket pools are generated for the 2013–2019 tournaments using six generators, five using the power model and one using the Bradley-Terry model. The generated brackets are assessed by the ESPN scoring system and compared to those produced by a traditional pick favorite approach as well as the highest scoring brackets in the ESPN Tournament Challenge for each year.
Keywords: bracket generation; Bradley-Terry; March madness; model selection; power model; sports forecasting (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://doi.org/10.1515/jqas-2019-0022 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bpj:jqsprt:v:16:y:2020:i:1:p:1-15:n:2
Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/jqas/html
DOI: 10.1515/jqas-2019-0022
Access Statistics for this article
Journal of Quantitative Analysis in Sports is currently edited by Mark Glickman
More articles in Journal of Quantitative Analysis in Sports from De Gruyter
Bibliographic data for series maintained by Peter Golla ().