Whilst the England national football team has realistically long odds, 2014 winners Germany are ranked as having a 13.3 per cent chance of retaining the trophy.
These are outcomes from an uncertainty model devised by the University of Adelaide’s Steve Begg, who rates Australia as having a 0.1 per cent chance of winning the tournament.
Begg, a Professor of Decision-making and Risk Analysis in the University’s Australian School of Petroleum, has developed a ‘Monte Carlo simulation’ of the competition based on team rankings with other input including recent form.
The key idea behind the modern Monte Carlo technique is that rather than trying to work out every possible outcome of a complex system, enough possibilities are modelled to be able to estimate the chance of any particular outcome occurring.
“The outcomes of many decisions we make are uncertain because of things outside of our control,” said Prof Begg. “Uncertainty is crucial in predicting the chance of an oil or gas field being economic. In the World Cup, it determines the many ways the whole tournament might play out. What makes it so hard to predict is not just uncertainty in how a team will perform in general, but random factors that can occur in each match.”
In the simulation, Begg is said to have generated 100,000 possible ways the whole tournament of 63 matches could play out. Although there are many possible options – almost 430 million outcomes in just the Group stage – this is “more than enough” for an assessment of the probability of how far each team will progress. He can run 800 different simulations a second.
In his model, two key uncertainties are a team’s “tournament form” (their general level of performance entering the finals) – and a team’s “match form” (the extent to which the team plays better or worse than its tournament form in a given match). The possible scores for each match are derived from the likely number of goals, based on scores from all matches in the last three World Cups, allocated to the two teams based on their relative match form.
Inputs to the model are based on FIFA rankings over the past four years, modified by Begg’s knowledge of the game and team; for example Russia will have a higher “tournament form” because of host advantage, and poorer teams have a relatively greater “giant killing” upside than better teams.
On current inputs, Begg has calculated the Australian national team has a 14 per cent chance of advancing through the groups stage, 3.8 per cent of making the quarter-finals, 1.2 per cent of the semi-finals, 0.3 per cent of being in the final, and 0.1 per cent chance of being the 2018 World Cup Champions.
“This may be disappointing,” he said, “But to make good decisions, it is really important to base beliefs on evidence and reason, not what you would like to be true.”
“Probability is subjective, it depends on what you know,” said Begg. “It doesn’t need data; you use what information you have to assign a degree of belief in what might happen, and thus make decisions or, in this case, a judgement on who wins. The crucial thing is that your information and reasoning is not biased.”
The 2018 FIFA World Cup Russia kicks off today, June 14, 2018 with its first game between hosts Russia and Saudi Arabia.
Oxa launches autonomous Ford E-Transit for van and minibus modes
I'd like to know where these are operating in the UK. The report is notably light on this. I wonder why?