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Thanks for the rares - Page 2

Blogs > motbob
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packrat386
Profile Blog Joined October 2011
United States5077 Posts
August 17 2014 18:30 GMT
#21
I feel like this would be a way more meaningful result if the ELO was based on more than just "I think fnatic is like a 1300". I'm not aware of any website that has a calculated elo for dota teams (TLPD pls), but if there was a project to have one, then that would certainly change the betting game.
dreaming of a sunny day
Serejai
Profile Blog Joined September 2010
6007 Posts
August 18 2014 12:37 GMT
#22
On August 17 2014 21:25 Rekrul wrote:
standard fish runs good in 1 bet thinks hes a pro


We're not on a boat, son. There are no fish here.
I HAVE 5 TOAST POINTS
LeeJohnDong
Profile Joined May 2014
Ireland58 Posts
August 18 2014 12:41 GMT
#23
On August 18 2014 21:37 Serejai wrote:
Show nested quote +
On August 17 2014 21:25 Rekrul wrote:
standard fish runs good in 1 bet thinks hes a pro


We're not on a boat, son. There are no fish here.


Maybe not, but theres definitely some things that are washed up.
#1 JaeDong Fan || ►http://www.twitch.tv/LeeJohnDong || follow! Say Hi!
motbob
Profile Blog Joined July 2008
United States12546 Posts
Last Edited: 2014-08-18 15:00:04
August 18 2014 14:58 GMT
#24
On August 18 2014 03:30 packrat386 wrote:
I feel like this would be a way more meaningful result if the ELO was based on more than just "I think fnatic is like a 1300". I'm not aware of any website that has a calculated elo for dota teams (TLPD pls), but if there was a project to have one, then that would certainly change the betting game.

Gosugamers does it. I don't think they've put nearly as much thought into their system as something like Aligulac thought.

But it's not just about assigning ELO. The simulation is important because it helps show how likely it is that the best team will win. It's not just "Oh, I think Newbee is the best team, I'll pick Newbee." If TI4 were just a single elimination tournament with best of 3 matches, the odds on teams like EG and DK wouldn't have been justified, since that tournament format lends itself to weird placements (and, as an aside, in retrospect the tournament format at ESL One might have led to iG being overrated coming into TI4). It's important to know how much variance there is in a given tournament format. In a theoretical month-long tournament with Bo3 group stage and Bo5 double elimination, there's not much variance that comes from the tournament format. The best team will probably win. In that instance, the variance in your model comes from how uncertain you are about different teams' true skill.

When you're just making a bet on a specific match, the only things that matter are the respective skill of the teams + whether it's Bo1/Bo3/etc, but for a bet on a tournament result, it's more complicated.
ModeratorGood content always wins.
SnowStormer
Profile Joined July 2012
Norway275 Posts
August 25 2014 00:17 GMT
#25
Just the thought of doing the calculation in excel seems traumatized. Matlab was made for this shit.

Great post though! Qualitiy work!
"What the flying fuck is happening with the world? This is like, Moon stopped orbiting Earth, and decided to become a free agent instead. Earth wishes Moon a good luck with his/her orbiting endeavours." /u/KapteeniJ
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