With one week to go to the start of the footy season, I’ve decided to have a go at the Monash footy tipping competition for the first time.
This is not your ordinary footy tipping competition where you simply get one point per correct team tipped. There are in face three tipping competitions. There is the probablilistic, where you enter a team and the probability you think they have of winning, the normal, where you enter a team and a margin, and the Gaussian, where you enter a margin and a standard deviation. Points are scored according to formulae on their website which I believe reward (over the long run) being as precise as possible in your estimation of the probability/standard deviation.