Every year around this time (football is over and I am anticipating the beginning of the baseball season), I try to evaluate how I handicap baseball and make improvements for the year to come.
This year, I have been trying to learn some basic sabermetric theories, in an attempt to figure out which statistics are most predictive (do the best job of correlating with wins). I asked this question last year but either no one knew the answer or they were not willing to share. I hope this year people are more willing to help others.
What I have found so far is that DIPS (Defensive Independent Pitching Statistic) seems to be the best stat for evaluating pitching because it is not effected by the outside effects over which a pitcher has no control. DIPS looks mainly at a pitcher's strikeouts, walks, and home runs allowed per inning. It is very counterintuitive to see that singles and doubles allowed (stats sometimes influenced by variables other than pitching) don't matter as much when attempting to predict future pitching results. ERA, on the other hand, can be greatly altered by stadium characteristics, the opposing team, luck, and defense.
As far as offense, OPS seems to be a more indicative hitting statistic than the current default of BA (Batting Average). This is because BA counts hits, but ignores power and walks, which are also important factors of an offense. About 87% of the difference in winning percentage across teams is explained by the OPS differential. How does this compare to other stats? For batting average the differential is 74%, for slugging percentage it is 79%, and for on-base percentage it is 85%. So OPS tops them all in its ability to explain team winning percentage.
I have some other interesting facts to share if people are interested and will try to explain these theories more if anyone need help understanding them (you can find the formulas and info on them by using a search engine), but I would also like some help with the following questions (or any informative sources/articles about these topics) from people that have been sucessful using these techniques...
1) Are there better stats to follow?
2)If OPS is the best offensive stat, is OPS Against (OPSA) a more predictive stat than DIPS for pitching?
3) Can you use DIPS or OPSA successfully for a bullpen (group of pitchers rather than an individual)?
4) What would you consider the most important component of baseball (how would you rank pitching, hitting, defense, and bullpens in terms of importance and can you back this up with stats)?
5) How can I combine these offensive and pitching stats to come up with a projected score or winning percentage for a team that will help me cap games?
6) How should I pick games (should I be betting any game where I feel the line presents value, even if it is slight or regardless of the line)?
7) What is the highest amount of juice you are willing to lay on a wager?
This year, I have been trying to learn some basic sabermetric theories, in an attempt to figure out which statistics are most predictive (do the best job of correlating with wins). I asked this question last year but either no one knew the answer or they were not willing to share. I hope this year people are more willing to help others.
What I have found so far is that DIPS (Defensive Independent Pitching Statistic) seems to be the best stat for evaluating pitching because it is not effected by the outside effects over which a pitcher has no control. DIPS looks mainly at a pitcher's strikeouts, walks, and home runs allowed per inning. It is very counterintuitive to see that singles and doubles allowed (stats sometimes influenced by variables other than pitching) don't matter as much when attempting to predict future pitching results. ERA, on the other hand, can be greatly altered by stadium characteristics, the opposing team, luck, and defense.
As far as offense, OPS seems to be a more indicative hitting statistic than the current default of BA (Batting Average). This is because BA counts hits, but ignores power and walks, which are also important factors of an offense. About 87% of the difference in winning percentage across teams is explained by the OPS differential. How does this compare to other stats? For batting average the differential is 74%, for slugging percentage it is 79%, and for on-base percentage it is 85%. So OPS tops them all in its ability to explain team winning percentage.
I have some other interesting facts to share if people are interested and will try to explain these theories more if anyone need help understanding them (you can find the formulas and info on them by using a search engine), but I would also like some help with the following questions (or any informative sources/articles about these topics) from people that have been sucessful using these techniques...
1) Are there better stats to follow?
2)If OPS is the best offensive stat, is OPS Against (OPSA) a more predictive stat than DIPS for pitching?
3) Can you use DIPS or OPSA successfully for a bullpen (group of pitchers rather than an individual)?
4) What would you consider the most important component of baseball (how would you rank pitching, hitting, defense, and bullpens in terms of importance and can you back this up with stats)?
5) How can I combine these offensive and pitching stats to come up with a projected score or winning percentage for a team that will help me cap games?
6) How should I pick games (should I be betting any game where I feel the line presents value, even if it is slight or regardless of the line)?
7) What is the highest amount of juice you are willing to lay on a wager?