Scoring for the S&P500 Weekly Comp

robster970 · May 14, 2012

I have set this thread up so we can discuss and agree before start of Q3 any changes to the competition scoring:

Initial proposal is

a. People would get 1pt for participation
b. People would get 1pt for correct direction
c. Podium continues (3,2,1)
d. Sum the absolute (no - or +) differences
e. Leaderboard constructed from smallest d/(a+b+c)

This would:

i. Rewards participation - the more you play the greater your divisor becomes
ii. Rewards weekly directional accuracy - the more you get this right, the greater your divisor becomes.
ii. Podium rewards accuracy for the week - again the divisor increases with weekly accuracy prowess
iii. Dividing cumulative abs(difference) by number of points rewards long run performance.

All criticism welcome, just throwing this out there.

Link to alternative scoring sheet

hwsteele · May 14, 2012

Just a quick note,
Maybe getting an entry in on time should stay a hard fast rule.
If you are late then it's a no go.
Or maybe each could have a single mulligan per quarter.
I have seen people who have a system based on the opening numbers of the day.
I guess it wouldn't be too much of a stretch to do the same thing for the week.

Any who,
Just a thought with out pointing fingers. (After all I was late once myself.:whistling)

robster970 · May 14, 2012

hwsteele said:
Just a quick note,
Maybe getting an entry in on time should stay a hard fast rule.
If you are late then it's a no go.
Or maybe each could have a single mulligan per quarter.
I have seen people who have a system based on the opening numbers of the day.
I guess it wouldn't be too much of a stretch to do the same thing for the week.

Any who,
Just a thought with out pointing fingers. (After all I was late once myself.:whistling)

1 mulligan per quarter - I agree.

Atilla · Jun 16, 2012

robster970 said:
I have set this thread up so we can discuss and agree before start of Q3 any changes to the competition scoring:

Initial proposal is

a. People would get 1pt for participation
b. People would get 1pt for correct direction
c. Podium continues (3,2,1)
d. Sum the absolute (no - or +) differences
e. Leaderboard constructed from smallest d/(a+b+c)

This would:

i. Rewards participation - the more you play the greater your divisor becomes
ii. Rewards weekly directional accuracy - the more you get this right, the greater your divisor becomes.
ii. Podium rewards accuracy for the week - again the divisor increases with weekly accuracy prowess
iii. Dividing cumulative abs(difference) by number of points rewards long run performance.

All criticism welcome, just throwing this out there.

Link to alternative scoring sheet

1. (a) We should have an indicator on how many games played but not award a point for participation?

2. New Suggestion - deduct a point for getting direction wrong?

isatrader · Jun 16, 2012

I'm happy with the scoring to stay as it is. But am always interested to see extra stats on accuracy, bias etc if you have the time.

Pat494 · Jun 16, 2012

isatrader said:
I'm happy with the scoring to stay as it is. But am always interested to see extra stats on accuracy, bias etc if you have the time.

About same for me

ibetyou · Jun 16, 2012

Hi Guys.First off i would like to thankyou all for letting me partake in your weekly competition and a big thankyou for the people who compile all the results.

I'm still celebrating my podium finish from last week and look farward to many more,but lets not forget its only a game.

I enjoy reading the light hearted humour between one another and the roar of laughter everytime i put in my perdiction for the week,but lets not let it get to competitive as at the moment you deserve 10 points just forgetting the direction right.
Total of games played would be nice,point for turning up would amount to the same thing so long as it has its own column and not just added to total score.
But i'm happy how it is.

robster970 · Jun 17, 2012

isatrader said:
I'm happy with the scoring to stay as it is. But am always interested to see extra stats on accuracy, bias etc if you have the time.

Pat494 said:
About same for me

I am getting the distinct feeling that people just want stats rather than scoring changes.

I can facilitate this relatively easily (counts, biases, other stuff).

The problem comes when I eventually want to hand this over to someone else to administer. Will this be too onerous or will people be happy to let this go?

Atilla · Jun 17, 2012

robster970 said:
I am getting the distinct feeling that people just want stats rather than scoring changes.

I can facilitate this relatively easily (counts, biases, other stuff).

The problem comes when I eventually want to hand this over to someone else to administer. Will this be too onerous or will people be happy to let this go?

Yes I think it will be.

1. Why don't we stick to scoring as it is - must have
2. Add-ons - nice to have but not required

Anyone who is interested in the statistics can compile what ever they choose to and keep tabs or contribute to thread as they like.

hwsteele · Jun 17, 2012

robster970 said:
I am getting the distinct feeling that people just want stats rather than scoring changes.

I can facilitate this relatively easily (counts, biases, other stuff).

The problem comes when I eventually want to hand this over to someone else to administer. Will this be too onerous or will people be happy to let this go?

To be honest I think it falls on your shoulders. You make the call.:cheesy:
Also, when it comes time for you to step down as score keeper

The person who takes over will most likely ad their own little twists of flavor to the SPX Weekly margarita.:drunk:.
So we might as well keep the rules the same(nod to Pat)and then you can ad stats to your (and it seems most others) hearts content.

Scoring for the S&P500 Weekly Comp

robster970

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hwsteele

Experienced member

robster970

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Atilla

Legendary member

isatrader

Senior member

Pat494

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ibetyou

Active member

robster970

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Atilla

Legendary member

hwsteele

Experienced member

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