Major League Baseball now posts (since mid-2006) a new stat:
X W-L – Expected won-loss record based on runs scored (RS) and runs allowed (RA), using this formula: RS^1.82/((RS^1.82)+(RA^1.82))
… what does this tell us?
Seemingly this stat can tell you how teams win, if the X W-L ratio greater than the actual W-L ratio the team loses close games but wins big, or if less than the team is winning close but losing big.
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for the real math behind it, check out this 1999 article form Baseball Prospectus
In practical terms, the implications are fairly small. For most off-the-cuff calculations of runs and runs allowed into wins, the 1.5% gain in accuracy isn’t worth the trouble of finding a new exponent for every team; just use 1.85 or thereabouts, and get on with your life.
It really makes a difference, though, to the small group of people who try to assess the value of a player’s performance as precisely as possible.
The most noticeable impact is going to be on the value of good pitchers in extremely pitching-friendly environments. A pitcher-friendly environment brings down the exponent; a good pitcher, by his own efforts, decreases the run environment and the Pythagorean exponent even further.
continue on for a good Bob Gibson example
Honestly, I don’t see how this helps anyone understand anything.
[tags]MLB, baseball, stats, X W-L[/tags]
{ 2 comments… read them below or add one }
I agree with Chris… this one doesn’t mean much to me. Maybe we should rename it from ‘ExWL’ to ‘WTF’.
I don’t know why they bother posting this stat. Seems pointless.