Why You Should Care About Playoff Odds
This morning, David Appelman announced our new Playoff Odds section on FanGraphs, which provides forecasts for the rest of the season and turns those into the chances of each team advancing to each level of the postseason, whether it be capturing the wild card, advancing to the division series, or winning each round of the playoffs. It’s a pretty nifty tool, and there’s a lot to be gleaned from the data, so I wanted to use a few examples from the current playoff odds page to illustrate some of the features now included on the site.
The Importance of Remaining Schedules
Since we rolled out our new Standings page earlier this year, we’ve had expected rest-of-season winning percentage for each team all season long, which is a nice way to look at the relative strength of each team. And since we had a rest-of-season forecast and we already knew what teams had done in the past, it wasn’t that difficult to combine them into an updated final win total. However, there was a piece missing; the actual schedules each team would play over the rest of the year.