It was 4th and goal with little time left in the first half at yesterday's Super Bowl. A field goal would put the team from Philly up 18-12, and the safe, conventional call would not have surprised anyone.
We all know that's not what happened. The Eagles went for it.
Coach Doug Pederson and staff didn't much care that if the play failed, and they lost the game, the media would've had a conniption fit. They went for it because the numbers said they should.
As Ben Shpigel noted in the New York Times (written before the victory), the Eagles have been doing this all season long.
As we noted in a similar post last year with play calling, there are two main biases at play.
There's a flight to safety, or what we may call the bird in the hand decision making tree. This is the 'we're here so we have to get points' phenomenon the media and some fans love. And what we read about in school when we studied prospect theory.
From the NYT article: "Humans put an undue amount of weight on something that they’re giving away versus something that they could acquire. But the problem is, that’s counterintuitive..."
The second part, as I see it, is survivorship bias. When someone does something unconventional and it fails - say Pete Carroll calling a positive expected value pass on second down from the one that gets picked off - they are strung up to dry because it's very visible. When it works - like Bill Belichick calling a pass from the one in overtime in last year's Super Bowl against the Falcons to win the game - it's not visible. One man's genius play call is a goat for another man.
The above tends to make play calling and taking chances a form of heresy in NFL coaching circles. If they don't "take the points" and lose, fans and media go nuts because they gave away something they had. If they call a play that's mathematically sound, but unconventional, it's a billboard.
Both instances can get coaches fired, so risk avoidance, despite the sub-optimal math, is commonplace.
Flipping over to horse racing. Is there a business or sport that's slave to the conventional as it is?
Track executives (some, not all of course), come to work each day with the specific goal to not rock a boat. If you do try something mathematically sound - like a Canterbury Park takeout reduction and through no fault of your own it doesn't deliver right away - you might end up looking for work.
The response is not worth the risk. Track executives tend to kick field goals from the one yard line; they look at what other execs do and copy them.
This is why, in my view, that we so often see takeout hikes in this sport, despite the data and numbers showing the exact opposite should be tried. Joe did it and even though it looks like it didn't work, they've got my back; we've been doing it for generations, so we'll do it again.
Doug Pederson coached a great game. Racing - and I don't think we're being too harsh - has not coached a great game; it has coached a safe game. And that, in my view, has always been one of the sport's biggest problems.
Monday, February 5, 2018
Most Trafficked, Last 12 Months
I continue to be fascinated with both the press and general football fan reaction to the Bill Belichick 4th down decision in Sunday's ga...
Last night's Uncle Bill twitter spaces, where TVG's Fanduel's Mike Joyce joined some raucous horseplayers was, well, kind of in...
This past weekend's racing proves to me that this game, although, yes, with less public money, with the teams, with the sharps (which no...
Super Spectacular Blog Vol 8 - Preakness Day Thoughts. Rudulph, TVG Actually Doesn't Mention ITP, Go and No Go - Why Sharps Use Board Odds, The Value of Powerful Cards, & You Know You're Ice Cold When You Lose a Mascot RaceWelcome to the 8th edition of the Monday Super Spectacular Blog! It was Preakness week and frankly instead of a horse racing pool, next yea...
I was outside awhile back and noticed some kids playing with the pigskin. They flipped me the ball and I sent one kid on a fly pattern. I ga...
Monday's Super Spectacular Blog Vol 4 - Maloney, Twitter Dust Ups, Seconditis, $111k Scores, A Potential Consistent Judging Sighting, Joyce & ITP Visit Frank Stronach, Probabilities & the Best Wager in the NationWelcome to the fourth edition of the Super Spectacular Blog . I truly appreciate those of you who read this each week. Even when I weed out ...
Monday's Super Spectacular Blog - CRW Symptoms of a Business Disease, Pushing 2YO's, Curious Preps, ITP-Joyce Buddy Movie Update & A Guest Appearance from Kiefer SutherlandWelcome again to the Super Spectacular Blog! Thank you, as always, for reading and supporting our many advertisers. And to the Russian bots...
Monday's Super Spectacular Blog - In a Sixth Sense Like Twist Scott Daruty Proves Low Rake Works, Fixed Odds Probably Doesn't, Good Pick 5 Finds, Forte vs Mage & an ITP Basement UpdateLast week's inaugural Super Spectacular Monday Blog got a lot of hits, and not just from Russian bots (although cпасибо to all Russian r...
Sinking marketing money directly into the horseplayer by seeding pools is effective, in both theory and practice In Ontario and elsewher...