Six Takeaways From Our 2024 Playoff Odds Release

Hey there, FanGraphs reader. Great news! Our playoff odds just went up for the 2024 season. These odds, as always, are mostly enlightening, but also a tiny bit mystifying. The model itself remains simple: We take projections for each player, aggregate them up to the team level based on playing time projections, and then use that to create expected team run scoring and prevention numbers. From there, we simulate out the season 20,000 times and note what happened in each instance. The odds are just a summary of those simulations.
As simple as the process is, it’s also inscrutable. How good are the projections? We think they’re very good, as they’re a combination of ZiPS and Steamer. But those projections inevitably differ from people’s perceptions of both individual players and teams. So in what’s become an annual tradition, I’m going to give you a guided tour through the projections and point out the notable points in each division, then explain how our model got there and what I think of it. Read the rest of this entry »







