Wednesday, March 20, 2013

Madness



It’s that time of the year again – making sure the MaltShopLogic blog has not crumpled under the weight of its inactivity. After dusting, removing the nest of raccoons that moved in while we were gone and confirming that blogs are still an acceptable method of communication (NOTE: confirmation pending), I’m pleased to announce that we’re back!

Oh yeah, it’s also March Madness time, which means it’s time for my annual tradition of posting to the blog. And subjecting you to my fetish for the adjusted scoring margin method of picking my NCAA brackets.

My use of the system is predicated on a few truths:
  • People who want to win NCAA tournament pools start at the wrong place. Don’t worry about the first round all that much. Bully for you if you get that 5-12 upset right, but it’s one point. You want the big points.
  • To win a tournament pool, you almost always have to have the champion correct.
  • After you get the champion right, you better have a bunch of Final Four teams and a bunch of elite eight teams because you aren’t the only one who picked that team as a champion.
I know what you’re saying right now. Chris, this system sucks. It peaked in the years 2004-2008, much like this blog.

Agreed.

ASM hasn’t been as good the last few years as it was 2004-2008, but I’m sticking with it. And so are you, since no one else on the blog offers a system.

But has the ASM really not been that good? I’ve been using it now for nine years, which gives us a reasonable sample to draw some trends from. To wit:

Did you know that eight of the nine past national champions were had a top five ASM ranking the year they won (the only outlier was UConn in 2011) and seven of the top nine were in the top three?

So, when you’re picking a national champion this year, you might want to pick one of these five teams:

Region
Seed
Team
OQ
DQ
ASM
South
3
Florida
14.1
7.1
21.1
East
1
Indiana
5.0
16.1
21.1
West
1
Gonzaga
9.4
11.0
20.5
Midwest
1
Louisville
9.8
9.6
19.4
Midwest
2
Duke
5.1
12.5
17.6

Did you also know that 22 of the 36 Final Four teams in the last nine years had a top 10 ASM that season? And that 27 of 36 had a top 15 ASM that season? So, assuming that the top rated ASM in each region won’t all make the final four, you should expand your search to these 15 teams:

Region
Seed
Team
OQ
DQ
ASM
South
3
Florida
14.1
7.1
21.1
East
1
Indiana
5.0
16.1
21.1
West
1
Gonzaga
9.4
11.0
20.5
Midwest
1
Louisville
9.8
9.6
19.4
Midwest
2
Duke
5.1
12.5
17.6
West
7
Notre Dame
4.6
12.6
17.3
West
8
Pittsburgh
12.4
3.7
16.1
South
1
Kansas 
7.5
8.4
15.9
West
11
Belmont
6.4
9.2
15.6
West
2
Ohio State
8.9
6.3
15.2
East
4
Syracuse
7.8
7.3
15.2
South
4
Michigan 
3.9
11.1
15.0
South
5
Virginia Commonwealth
4.5
10.1
14.6
Midwest
11
Saint Mary's
4.8
9.5
14.3
Midwest
7
Creighton
4.7
9.3
14.1

And if you think that mid-major teams like Gonzaga (who never live up to their ASM billing), Belmont (another perennial disappointment in this system), VCU, Saint Mary’s or Creighton won’t make the final four, you might want to expand your search for a Final Four team to include this group.

Midwest
3
Michigan State
9.2
4.6
13.8
West
5
Wisconsin
12.0
1.6
13.7
Midwest
9
Missouri
2.8
10.6
13.3
Midwest
6
Memphis
4.7
8.7
13.3
Midwest
8
Colorado State
4.4
8.4
12.9

(NOTE: I took Harvard out of that list because, come on.)

What I’m suggesting this year is not rigid adherence to the system. And to look for bargains compared to the wisdom of the crowds as laid out in this excellent Slate article. For example:
·         Take the East Region. According to ESPN.com, the crowd has Indiana winning this region 44 percent of the time and Miami winning it 37 percent of the time. But Syracuse has the second highest ASM in the region (behind Indiana). Might be worth a flier on them in one of your brackets because at worst, only 19 percent of your pool might pick them.
·         And just to reiterate Slate, Florida and Pittsburgh are tremendously undervalued by the crowds.

Look, everyone is going to be picking Louisville and Indiana. You can too. And you probably should for at least one of your brackets. But let’s not let ASM run your pool absolutely – search around in the parameters of possibility and walk away a winner.

East Region ASM

As I said above, you can do worse than picking Syracuse to make the Final Four as your alternate to Indiana. No one else will be, so take a chance.


Region Seed Team ASM
East 1 Indiana 21.1
East 4 Syracuse 15.2
East 2 Miami 12.6
East 5 UNLV 12.2
East 14 Davidson 11.1
East 8 North Carolina State 10.1
East 3 Marquette 9.9
East 11 Bucknell 9.6
East 6 Butler 8.4
East 10 Colorado   8.3
East 7 Illinois 8.2
East 9 Temple 7.0
East 13 Montana 6.8
East 12 California 6.5
East 15 Pacific 5.9
East 16 LIU Brooklyn 0.4
East 16 James Madison -0.1

Midwest Region ASM

Michigan State is the scary team in this bracket. In my years of doing this, the position they're in here - fifth in their region's ASM - is exactly where they come from to make it to the Final Four. I never pick them because of where they are ranked. I'm not going to this year either. I don't think.


Region Seed Team ASM
Midwest 1 Louisville 19.4
Midwest 2 Duke 17.6
Midwest 11 Saint Mary's 14.3
Midwest 11 Middle Tennessee State 14.1
Midwest 7 Creighton 14.1
Midwest 3 Michigan State 13.8
Midwest 9 Missouri 13.3
Midwest 6 Memphis 13.3
Midwest 8 Colorado State 12.9
Midwest 4 Saint Louis 12.6
Midwest 5 Oklahoma State 12.4
Midwest 10 Cincinnati 10.6
Midwest 14 Valparaiso 10.0
Midwest 12 Oregon 9.2
Midwest 13 New Mexico State 7.1
Midwest 15 Albany 2.7
Midwest 16 North Carolina A&T 0.4
Midwest 16 Liberty 0.3

South Region ASM

Here's the thing about Florida. People say they can't finish or win the close ones. They're 28-0 in games decided by 10 or more points and 1-6 (or something) in games decided by fewer than ten points. They've also been in the elite eight the last two years and fallen short, including last year when they had a lead in the 2nd half and couldn't close it out. But here's the thing, if you're going to pick a champ other than Indiana and Louisville, you could do much, much worse:
  • They're super-efficient.
  • They've been in the elite eight the last two years - hello, that's not a bad thing.
  • In the NFL and MLB, stats guys talk about the unsustainability of really good or bad records in close games (usually under a touchdown or one-run games). It's likely the same in basketball which means that Florida is due to revert back to the mean.
Which probably means Kansas will beat Georgetown to go to the Final Four.


Region Seed Team ASM
South 3 Florida 21.1
South 1 Kansas   15.9
South 4 Michigan   15.0
South 5 Virginia Commonwealth 14.6
South 12 Akron 12.5
South 7 San Diego State 12.2
South 2 Georgetown 12.0
South 8 North Carolina   11.4
South 11 Minnesota 11.1
South 14 Northwestern State 9.7
South 6 UCLA 9.2
South 13 South Dakota State 8.7
South 10 Oklahoma   8.6
South 9 Villanova 6.8
South 15 Florida Gulf Coast 5.8
South 16 Western Kentucky 2.0

West Region ASM

Here's your West Region ASM figures. For many years, I've had a Gonzaga corollary for years as they have never lived up to their ASM rating. This will probably be the year. I'd maybe take a flier on Pitt or Ohio State in this region.


Region Seed Team ASM
West 1 Gonzaga 20.5
West 7 Notre Dame 17.3
West 8 Pittsburgh 16.1
West 11 Belmont 15.6
West 2 Ohio State 15.2
West 5 Wisconsin 13.7
West 14 Harvard 13.2
West 6 Arizona 12.6
West 12 Ole Miss 11.7
West 4 Kansas State 11.7
West 9 Wichita State 11.6
West 3 New Mexico   11.5
West 13 Boise State 11.4
West 10 Iowa State 11.3
West 13 LaSalle 7.4
West 16 Southern 5.9
West 15 Iona 4.9