Rules: how to play our forecast contest
During the World Cup, teams play (almost) every day for roughly one month. Therefore, during this month you can input your own forecasts using our interactive website. After each match finishes, you'll gain points based on your prevision, that is, your prevision will be scored. This score will tell how “good” your forecast was, basically showing how close it was from the observed result of the game (victory of team A, victory of team B or draw).
We will keep track of your point total throughout the World Cup. Just be sure to sign in with either Facebook or your Google account to save your forecasts. As the WC develops, you will be able to see how your forecasts compare with the forecasts provided by two mathematical models and to everybody else's scores.
In Brazil, especially during WC's, contests where people try to predict the final score of each match (i.e. the number of goals scored by each team) are very popular. Here, we do not want that. We want you to think probabilistically. Think about your probability as some amount, like 100 kg or pounds of something or $100 of some currency. You must decide on how to divide this amount in three baskets: in one basket you'll put the amount corresponding to your confidence on the victory of team A; in the following basket the amount corresponding to your confidence on a draw; and in the third basket the amount corresponding to your confidence on the victory of team B. Notice that you have a fixed amount, so your probabilities should add up to 100.
As illustrative example, consider a match of the 2014 WC. Assume that your probabilities for the match Spain against Netherlands were the following: “Spain wins”, 46%; “Draw”, 24%, and “Netherlands win”, 30%.
The match ended 5x1 to Netherlands. To score your forecast, we will use the following equation:
where \(p_1\) and \(p_2\) represent the probabilities of the possibilities that DID NOT happen. For this match, “draw” and “Spain wins” did not happen, so we can write, \(p_1=24\) and \(p_2=46\), which implies that
is the score of your forecast.
Regarding the same match, a friend of yours attached 20% do Spain, 12% to draw and the remaining 68% to Netherlands. His score will be
a lot better than 62.04 because his prevision was closer to the observed result, “Netherlands wins” (he attached 68% to Netherlands and just 32% to the other two). This scoring system is based on Brier scores, which evaluate the accuracy of probabilistic forecasts and rewards good forecasts while punishing those that overshoot. In the example above, if Spain had won, you'd score 78.04 and your friend, 44.16 because in this case your forecast would be closer to the event “Spain wins” than your friend's forecast.
More important details are the following:
- You can submit or change your forecast 30 minutes before a match starts.
- After the group stage, the matches are playoffs. If they ended tied after 90 minutes, they will be considered a draw.
- If you do not submit a forecast to a match, your score for that match will be zero.
- Forecasts can't be more precise than whole percentages, and points gained for each game are rounded to the nearest integer.
Therefore, since 100/3 is not an integer, the most undecided forecast is 33% for two possibilities and 34% for the remaining one. Depending on the final result of the game, this forecast will receive a score of 66 or 67. Initially all the forecasts attach 33% percent for team A (the team to the left of the bar), 34% for draw and 33% for team B (the team to the right of the bar), but if you do not press the button “Submit you forecast”, we will understand that you do not want to submit a forecast to that match and your score, for that specific match, will be zero.
So, if you forget to submit a forecast to one game or two your score won't change as to put you out of the race, but if you want to stay close to the best, you have to submit your forecasts (of course, if you think that the teams are really close competitors and feels that the 33/34/33 forecast translates your degree of belief in the final result, you should submit this forecast). You can also view the score 67 as a benchmark: if your score is smaller than 67, you're doing worst than the undecided forecast.
Considering all this, you can approach the contest in different ways.
You can, for instance, just pick the results you think will happen and select it with 100 percent for every game. You probably won't do very well, though. One of the properties of the Brier score is that it forces you to be honest, that is, to really inform your beliefs about the match, and not act as a gambler, just to win the contest. The gambler behavior would be a good option if the contest had just a few matches, but with 64 it is quite unlikely that someone will get rightly all the results.
You can also look at other models, betting odds, build your own model or just think carefully about each match to submit your forecast.
You can also create a league and agree with the participants to just submit forecasts to the matches of one or a set of teams.