We love sports in the Excel team (Soccer, Football, all sports), and now is the time to dive into basketball, just in time for the season! We are excited to share with you our Basketball Tournament Prediction tool, complete with a suggested bracket based on your custom weighting of several criteria we use to predict the outcome for all matches. Read on to better understand how the tool was built and create your bracket. You can download the template here.
Note: This tool is offered by Microsoft Corporation, and is not sponsored, endorsed by, or affiliated with the NCAA. The tool is for fun only and is not in any way intended for use in betting or other uses of value. No representation is made to the accuracy of predictions and brackets derived from the tool.
How the model works
1. Team Strength
The first thing the tool does is calculate the strength for each team that will determine which team wins a match between any given pair. To do so, we leverage various established rankings and statistics to predict the winners in all matchups in the tournament. These are:
In addition to these rankings/statistics, you can choose to add your personalized individual team’s performance, from 0 (worst) to 10 (best). You can base this on anything you want! From the name, to the team’s mascot!
Finally, a very important input is the weight for each of the criteria. You can assign a weight of 0 (don’t use the ranking/criteria) to 10 (highest weighting). Note this is a relative weighting, so more than the absolute number you use, what’s important is how it compares to the other weights.
With each team’s strength and the tournament seeding, the tool predicts the outcome for each of the games, giving you the output bracket, as well as the projected national champion and top four teams.
Leave a comment with your thoughts on the model, and good luck with your brackets!
Bonus: Spreadsheet Behind-the-Scenes
We tried to keep the model as self-explanatory as possible. Just in case you’re curious, here are some details of how the spreadsheet is built:
You can download the template here.
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David Monroy, PM Manager, Excel
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