SpZ
Well-known member
Sean, I'm not sure if you know how odds work in real. Odd X means that you get X times more than you bet, if the betted case happens. It means odds for qualification should vary from 1,2 for favourites to about 5 for outsiders. In semi predictions above, we can see them varying from 5 to 150.
To sum up: some people predict winner, others predict qualifiers, we get winner odds and everyoby claim they're for qualification... Let me facepalm it
I know what you are feeling.. i have said several times that the numbers are way away. (they are usually even fishy if it would be predicting a winner) and i disagree with the 1,2 to 5... it should start around 1,05 and end at around 50ish (for songs which are pretty much doomed) The one time i did odds around 20 editions ago I used the data i got from other people to estimate a country's chance of qualification in %s (taking into account that all the % would add up to 1100 as there are 11 qualifiers)I also did some data working so that a high from person who said it to only 2 songs would mean more than a high from person who said it 15 times. And finally i did the 100/% of qualification to get odds and somewhat rounded them. So a song which had 95% chance to qualify got an odd of 100/95=1,05 while a song with only 2% got 100/2=50. However i only made odds once and it seems that other people didnt want to use so complex system which created the odds we have now which are pretty unrealistic. But now i have started to look at them as not odds, but some sort of general sucess predictor.
I should also point out that there is a what are we predicting? conflict in the final too. Some people think we are predicting the likelihood of winning and some think we are predicting the placement of the song. Which are totally different things.
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