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Would you take a place in the PO Final now...









skipper734

Registered ruffian
Aug 9, 2008
9,189
Curdridge
No. I'm all in.
 










DavidRyder

Well-known member
Jul 23, 2013
2,930
I'm going to say 'yes' to the PO Final, but that's just because I'm a natural pessimist! Can we finish top 2 though - of course!
 


hans kraay fan club

The voice of reason.
Helpful Moderator
Mar 16, 2005
62,759
Chandlers Ford
Probability wise its quite close.

The play off final would represent an approx. 50% chance of success.

The alternative is ABOUT a 25% chance of top two as things stand, but with the fall-back of a further 25% chance of play-off success.

I'd take the guaranteed play-off final if that were offered. You'd be daft not to, I think.
 




pb21

Well-known member
Apr 23, 2010
6,687
I would say the odds are lower than 50/50 at the moment for finishing in the top 2, which is pretty much what the final gives, so on that basis I would say the PO final is the best bet, so I cant see a logical reason for not, irrational maybe!
 


Eeyore

Colonel Hee-Haw of Queen's Park
NSC Patron
Apr 5, 2014
25,909
Probability wise its quite close.

The play off final would represent an approx. 50% chance of success.

The alternative is ABOUT a 25% chance of top two as things stand, but with the fall-back of a further 25% chance of play-off success.

I'd take the guaranteed play-off final if that were offered. You'd be daft not to, I think.

Saved me my summary.
 


Bombadier Botty

Complete Twaddle
Jun 2, 2008
3,258
I've never placed a bet in my life, don't understand the appeal of gambling at all, but no way would I take a play off final on this one. To quote some X-Fighter pilot (who I think dies seconds later) during the 1977 Star Wars film Death Star run scene when they were getting strafed by Imperial Tie Fighters: "Stay on target, Stay on target"
 




hans kraay fan club

The voice of reason.
Helpful Moderator
Mar 16, 2005
62,759
Chandlers Ford
I would say the odds are lower than 50/50 at the moment for finishing in the top 2, which is pretty much what the final gives, so on that basis I would say the PO final is the best bet, so I cant see a logical reason for not, irrational maybe!

In terms of the odds, remember that if you miss out on top two, you then get a fall-back chance in the play-offs, to ADD to your probability.
 


Seasidesage

New member
May 19, 2009
4,467
Brighton, United Kingdom
Given that Burnley are probably going to win it. That means we have less than a 33% chance of the last auto place given Boro still have a 2 point advantage and Hull a 2 game one. So I would take the 50% option of the play off final without hesitation...
 


nwgull

Well-known member
Jul 25, 2003
14,533
Manchester
Given that Burnley are probably going to win it. That means we have less than a 33% chance of the last auto place given Boro still have a 2 point advantage and Hull a 2 game one. So I would take the 50% option of the play off final without hesitation...
But you've not added the 25% chance that we'd have from reaching the play offs in the first place, meaning that it's better to go for auto with the fall back of the play off semis if we fail.
 




Phat Baz 68

Get a ****ing life mate !
Apr 16, 2011
5,026
No chance not now
 


glasfryn

cleaning up cat sick
Nov 29, 2005
20,261
somewhere in Eastbourne
top two
 


LlcoolJ

Mama said knock you out.
Oct 14, 2009
12,982
Sheffield
Given that Burnley are probably going to win it.

Wish people would stop saying this. They're on a great run but have had the rub of the green quite a few times and there's a long way to go.

When Boro were about 12 points ahead of us with games in hand, loads of people were saying they were "gone" and would walk to the title. Now look.

It's all conjecture but if you've learnt anything this season then surely it's that nothing is a given.
 


Peter Grummit

Well-known member
Oct 13, 2004
6,772
Lewes
Probability wise its quite close.

The play off final would represent an approx. 50% chance of success.

The alternative is ABOUT a 25% chance of top two as things stand, but with the fall-back of a further 25% chance of play-off success.

I'd take the guaranteed play-off final if that were offered. You'd be daft not to, I think.

Probability doesn't quite work like that.

Assume your probabilities are correct. Assume there are 100 possible outcomes. 25 are automatic promotion, then 75 are playoffs. We then have 1 in 4 of the playoff outcomes that get us promoted. So there are 25 + (75/4) = 43.75% chance of promotion. This is because finishing top 2 and qualifying for the playoffs are not independent events

The way to intuitively realise this is correct is to take Burnley's position. Assume they have an 80% chance of promotion, 20% chance of making playoffs. You wouldn't then add a 25% chance of being promoted through the playoffs, else they would have a total probability of being promoted of 80 + 25 = 105%! They actually have 80% + (20/4) = 85% chance.

So, I would go for the guaranteed playoff final.

PG
 






LlcoolJ

Mama said knock you out.
Oct 14, 2009
12,982
Sheffield
But yes, at this stage I would take the 50/50 shot because it's logical (and nothing to do with thinking Burnley have the title in the bag). 😉
 


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