After several years of success blogging about picks and strategy for football office pools, including taking first place in the MIT Sloan Sports Analytics Conference NFL pick’em contest, in 2013 we decided to take things to the next level.
We released the world’s most sophisticated picks and analysis for football pools, now part of our expanded lineup of Office Pool Picks products. We spent a big chunk of the summer working on improvements to this product, and we’re excited to announce the latest developments.
For those unfamiliar with our football pool picks, our approach uses millions of computer simulations to identify the picking strategy that gives you the best chance to win your football office pool or handicapping contest. We also customize picks based on key factors like your pool’s size, format, and scoring system.
In our ongoing effort to simplify our business, we’ve made several changes to our premium subscription packages in advance of the 2014-15 football season. In short, we’ve:
- Eliminated pricing tiers (e.g. “Lite” and “Pro”) from our office pool picks packages
- Combined our NFL Pick’em and College Football Pick’em products
- Lowered prices on longer-term premium subscriptions (Quarterly and Yearly)
- Moved to consistent $49 pricing for all office pool picks packages
Below is the reasoning behind each decision in case you are curious.
No More “Lite” And “Pro” Packages
We now have a single premium package associated with each type of office pool we cover. In addition, we still offer an awesome bundle deal on our yearly Pool Picks Subscription, which includes access to all four of our pool picks products. You can see all our current office pool packages on our sales page.
What an unusual bowl season it was. Huge upsets were the story of the season, and they played out in historic fashion. How about this for a stat, courtesy of @StatsByLopez: Three of the five biggest bowl upsets in the last 20+ years all happened this year. Check out his graph to see it visualized.
With college football now over, it’s time to evaluate how our bowl season pick’em and betting picks did this year. As usual, we’ll start with our bowl pick’em advice and then move on to bowl betting picks.
Betting on bowl games will always be a bit of a crapshoot. Anyone who tells you otherwise is either lying through their teeth or just doesn’t understand randomness and probability.
Let’s examine why.
(FYI, if you want to see who our computer models are picking to cover the spread in every bowl game, you can check out our 2013 bowl spread picks page — subscription required though.)
Good Bowl Picks Are An SSS (Small Sample Size)
In a 35-game bowl season, especially given that the Vegas sports books have plenty of time to research bowl betting odds and react to early bowl betting action, it stands to reason that there will only be an edge available to bettors on some games.
You may be familiar with this phrase, often used to describe poker tables or business negotiations: “Look around the room and try to find the sucker. If you can’t find the sucker, then you’re the sucker.”
Well, if you look at the point spreads for 35 bowl games and think that Vegas got it wrong on 30 of them, chances are you are the sucker.
With the 2013 college football bowl season just days away, college bowl picks are on a lot of people’s minds right now.
This year’s bowl slate features no less than 70 teams, so if you’re planning on knowing your stuff — and perhaps trying to dominate some coworkers in a bowl office pool, or outsmart a Vegas sports book or two — you’ve got your work cut out for you.
We’re here to help. In this first post, we’ll start out with one of our two premium offerings for bowl season: bowl picks for office pools.
We spent the summer figuring out how to dominate football pick’ems and NFL survivor pools.
This post is going to explain what we did and why we did it.
And why you’re missing out if you don’t pay attention.
If you hate to read and just want to cut to the chase, here are the links to sign up for our groundbreaking new picks and analysis packages for football pools:
College football is back again! Tomorrow the 2013 college football season will kick off — the last season in the highly controversial BCS era. One point in the BCS’s favor though: college football is more popular than ever. To add to the excitement, we’ve updated all our college football content for the 2013-14 season.
Our preseason rankings are somewhat unique in the universe of CFB rankings because they are entirely mathematically driven. Our formulas take in many forms of quantitative data, from previous years’ team ratings to the numbers of returning starters to last year’s turnover margin, and compute projected preseason ratings for all of the 125 FBS teams.
Now that the 2012-2013 college bowl season has ended in a perhaps unsurprising fashion — and I don’t mean Alabama winning, I mean the entire sports world up in arms over something Brent Musberger said — it’s time to look back and grade the performance of our bowl season predictions and contest advice.
For those new to the site, as part of our premium services we offer picks for college bowl pick’em contests, which seem to be getting quite a bit more popular over the years. We also offer computer-determined betting predictions (point spread, over/under, and money line value picks) for every bowl game.
In summary, we had our third straight strong year with our bowl pick’em advice, while our betting pick performance was mixed.
2012-2013 College Bowl Pick’em Results
We published a total of 12 bowl pick’em pick sets this year, 9 for competing in game winner based bowl pick’ems with confidence points, and three for game winner contests without confidence points. As a group, they performed very well, including a few outstanding results.
- 11 of our 12 published pick sets finished in the top 3.5% of ESPN and the top 6% of Yahoo. That generally should be good enough to come in top five or six in a 100-person pool, top two or three in a 50-person pool, and first or second place in a 25-person pool.
- Our non-confidence pick sets did especially well this year on ESPN, with 2 of 3 finishing in the 99.6th percentile. On Yahoo! they were 97th percentile.
- Our worst pick set out of all twelve still beat 85% of the nation, and that was a pick set targeted for a large pool, which uses more of a boom-or-bust strategy.
Now that the 2012-13 college football bowl season has drawn to close, it’s time to take a look back at our preseason projections, and evaluate how we’ve done.
This is the second year we’ve simulated the entire season (minus bowl games) before it began. Last year, things went quite well, and our preseason value picks provided exactly what they were supposed to: value.
As with any new endeavor, it was hard to tell whether we’d been good, good and lucky, or just plain lucky. But a closer inspection shows this season’s projections, while not perfect, were again an overall success:
- Our team win total picks and our BCS conference and division winner value picks were both profitable
- Our biggest disagreements with the public consensus were right twice as often as they were wrong
- 7 of the 10 BCS bowl teams were in the top 20 of our 2012 preseason college football rankings, compared to only 4 in the top 20 of the preseason AP poll
Let’s check out the details.
Before we get started, just a quick reminder that our bowl pick’em picks crushed the public again in 2011-12, notching a second consecutive top-2% finish in ESPN’s college bowl pick’em game. For this year’s bowl picks and contest advice, click the image below or sign up now:
It’s 2012-2013 college football bowls season! Time yet again to become emotionally involved in contests between schools you’ve barely heard of playing in games named after sports bars. For those who love college football, it really doesn’t get much better.
Of course, the arrival of the 2012-2013 college bowls also brings with it the thrills of bowl pick’em contests and bowl betting. And with 70 teams playing in 35 games this year, getting prepared for making bowl season picks can be quite a daunting task. TeamRankings is ready to help, with stats, rankings, predictions, picks and contest strategy advice for all of the 2012-2013 college football bowl games.