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Physical Sciences and Mathematics Commons™
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Full-Text Articles in Physical Sciences and Mathematics
The Value Of A Win: Analysis Of Playoff Structures, Matthew Orsi
The Value Of A Win: Analysis Of Playoff Structures, Matthew Orsi
Honors Projects in Mathematics
The purpose of this Senior Capstone project is to analyze the distinctions between existing playoff systems. In particular, we are looking to analyze the differences between the standard single-elimination tournament (which the NCAA has used since the inception of the tournament) and other potential options: double-elimination and multiple game series. Popular sports such as Major League Baseball and the National Basketball Association all use multiple game series for their playoffs. This project will use probability theory and simulation to determine the likelihood of different seeds winning a championship as well as the expected number of victories by seed in each …
Daily Fantasy Sports: Chance Or Skill?, Danielle Bergner
Daily Fantasy Sports: Chance Or Skill?, Danielle Bergner
Honors Projects in Mathematics
Online daily fantasy sports is a billion dollar industry that has caused controversy for the last few years with states debating its legal status. As of today, under the current United States federal laws and regulations, betting money on daily fantasy sports online is considered legal. However, several states have decided to ban these games within their borders believing they are based on chance and should be considered gambling which they have ruled to be illegal online. Each state has the right to make their own rules of what they consider gambling even if the federal government has allowed it. …