Calculating the odds that the Warriors will win the title

JenniferMurphy

Well-known Member
Joined
Jul 23, 2011
Messages
2,525
Office Version
  1. 365
Platform
  1. Windows
I have been doing some calculations on the Vegas odds for the NBA Championship series. I'd like to calculate the odds for every possible combination of wins and losses for the rest of the playoffs. I'd like to set up a table something like this:

C/RCDEFGHIJ
7Game 3Game 4Game 5Game 6Game 7
8ResultsAwayAwayHomeAwayHomeProbFormula
94-0WW40.6%I9: =PWAway*PWAway
104-1WLW19.4%I10: =PWAway*PLAway*PWHome
114-1LWW19.4%I11: =PLAway*PWAway*PWHome
124-2WLLW2.4%I12: =PWAway*PLAway*PLHome*PWAway
134-2LWLW3.1%I13: =PLAway*PWAway*PLHome*PWHome
144-2LLWW9.3%I14: =PLAway*PLAway*PWHome*PWHome

<tbody>
</tbody>

I have named variables defined for the probability of wins and losses at home and on the road. Their current values are:

  • 84.0% = PWHome
  • 16.0% = PLHome
  • 63.7% = PWAway
  • 36.3% = PLAway

I'd like to calculate the values in Col I based on the values in each row and in Row 8 (home or away). I currently have formulas that I entered manually. This is highly error-prone. I;d like a generic formulas I can put in I9:I14 that will generate the same calculations.

I assume it is some type or array expression, but I can't get my head around it.

Any suggestions?


Go Warriors!!! (y)


mmm
 

Excel Facts

Round to nearest half hour?
Use =MROUND(A2,"0:30") to round to nearest half hour. Use =CEILING(A2,"0:30") to round to next half hour.
Either unpivot (normalise) the first table and match/multiply or Transpose the win-loss prob table and sumproduct
 
Last edited:
Upvote 0
Something like:


Excel 2010
CDEFGHIJ
6
7Game 3Game 4Game 5Game 6Game 7
8ResultsAwayAwayHomeAwayHomeProbFormula
94-0WW40.60%40.58%
104-1WLW19.40%19.42%
114-1LWW19.40%19.42%
124-2WLLW2.40%2.36%
134-2LWLW3.10%2.36%
144-2LLWW9.30%7.05%
15
16HomeHomeAwayAway
17WLWL
180.840.160.6370.363
Sheet4
Cell Formulas
RangeFormula
J9{=PRODUCT(1/(IFERROR(1/SUMIFS($C$18:$F$18,$C$16:$F$16,$D$8:$H$8,$C$17:$F$17,D9:H9),1)))}
Press CTRL+SHIFT+ENTER to enter array formulas.


is the non-normal method but calculating single columns (or adding a table of percentages for each game) works better.
 
Upvote 0
Thanks, spreadsheet. Obviously, I didn't get around to this until after the series was over...because it was over so quickly!!!
(y)

Sorry, that was poor sportsmanship. :oops:

I'll keep this around to study before next season when they go for 4 in 5 years!
 
Upvote 0

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