2024 : Simulating the Final Ladder After Round 13
/This year’s post Round 13 simulations suggest that the teams can be roughly grouped as below:
(For anyone who is curious about the precise methodology I’ve employed, see this blog post over on the General Probability and Statistics journal)
Sydney: 99.9% chances of being finalists; 98% chances of Top 4; 80% chances of being Minor Premier
Carlton: 90-95% chances of being finalists; 70% chances of Top 4; 7% chances of being Minor Premier
Fremantle, Collingwood, Geelong, Essendon, Port Adelaide, and Brisbane Lions: 65-80% chances of being finalists; 25-45% chances of Top 4; 0.5-3% chances of being Minor Premier
GWS: 50% chances of being finalists; 20% chances of Top 4; 0.5% chances of being Minor Premier
Melbourne, Gold Coast, and Western Bulldogs: 40% chances of being finalists; 10% chances of Top 4; tiny chances of being Minor Premier
Hawthorn: 15% chance of being finalists; 2% chance of Top 4; no chance of being Minor Premier
St Kilda and Adelaide: 2% chance of being finalists; tiny chance of Top 4; no chance of being Minor Premier
West Coast, Richmond and North Melbourne: none or virtually no chance of being finalists; no chance of Top 4; no chance of being Minor Premier
LADDER FINISHES
The ladder projections using the Heretical outputs appear below.
There were only a few large movements in teams’ Final chances this week, with the Lions’ Finals chances rising most substantially (25% points), and the Dogs’ chances falling most substantially (-19% points). GWS also suffered an 11% point drop, while Collingwood enjoyed a 10% point climb.
There are now 9 teams with a 50% or better chance of playing Finals (and three more with a 40% or better shot), and nine teams with a near 20% or higher chance of finishing Top 4.
Have I mentioned what a close competition it is this year, with no real standout teams except perhaps the Swans.
TEAM AND POSITION CONCENTRATION
The HHI figures for the latest simulation replicates appear below. These provide us with estimates of:
How many ladder positions a team is currently effectively fighting for
How many teams are currently effectively fighting for a given ladder position
Uncertainty fell again this week and is now at its lowest level of the season so far, with the 10 least certain teams now effectively fighting for between about 10 and 13 ladder positions, and the 9 least certain ladder positions having 10.5 to 12 teams effectively fighting for them.
On the teams side, the largest exceptions are North Melbourne, Sydney, Richmond, and West Coast, while on the ladder positions side, the largest exceptions are 1st, 16th, 17th, and 18th.
The ladder positions with the most uncertainty remain those in the middle of the table, from about 3rd to 13th.
We also see that the average team is effectively competing for about 8.3 positions, and the average ladder position has about 8.2 teams competing for it.
WINS AND LADDER POSITION
Let’s look at the number of wins MoSHBODS thinks will be sufficient for given ladder positions.
Based on the simulations, we can say that:
For teams finishing 8th in a replicate: 14% had 12 wins (up 5%), 49% had 13 wins (up 2%), and 17% had 12.5 wins (also, virtually none had 11 wins, and 17% had 12.5 wins).
For teams finishing 4th in a replicate: 39% had 15 wins (down 3%), 9% had 16 wins (down 4%), and 14% had 15.5 wins (also, 16% had 14 wins, and 20% had 14.5 wins).
I’d say the expected wins for 8th and for 4th dropped a little this week.
Looked at another way:
For teams finishing win 11 wins: 0% made Finals (no change)
For teams finishing win 12 wins: 11% made Finals (up 3%)
For teams finishing win 13 wins: 72% made Finals (up 7%)
For teams finishing win 14 wins: 99% made Finals and 14% finished Top 4 (up 4%)
For teams finishing win 15 wins: 72% finished Top 4 (up 7%)
For teams finishing win 16 wins: 99% finished Top 4 (up 1%)
Here’s what it looks like on a team-by-team basis:
LIKELY IMPORTANCE OF PERCENTAGE
Next, we’ll use the simulations to investigate the estimated likelihood that any given pair of ladder positions will be determined after Round 24 based on percentage.
So, our current estimates are that:
There’s still about a 2-in-5 chance that 8th will be decided on percentages (it’s up by about 2% on last week)
There’s now less than a 1-in-3 chance that 4th will be decided on percentages (down by about 2% on last week)
There’s now about a 1-in-9 chance that 1st will be decided on percentages (down by about 1.5% on last week)
FINALS CHANCES
Finally, here’s what the simulations provide by way of finals-related probabilities.
A quick look at the AFL Futures markets would suggest that there might be a bit of value around Fremantle, Brisbane Lions, and Western Bulldogs for the Flag, and for Fremantle (far less so) and Brisbane Lions to make the 8.
I don’t, however, ever wager on my Finals forecasts, mostly because the vig is obscene in these markets.