By using this site, you agree to our Privacy Policy and our Terms of Use. Close

@ioi

If the average accuracy is 96% then it is not that impressive that your accuracy was 90%. If the average accuracy was 50% and yours was 90% then it is far more impressive and you deserve to be rewarded as such

Well, you will still lose when you get 90% right? So that's not a big of acomplishment. From first 10 predictiotors everyone lost on PS3 bet.

@Mnementh

If you have 90% accuracy and the average accuracy is 95%, than you underperformed. If you have 50% accuracy and the average is 30%, you're a great predictor.

Not really, I doubt many people won on PS3 bet. I checked the first 10 predictors and none of them got 96% accuracy (thus everyone lost money on that bet). Just becouse average predicition is close to real number doesn't mean that people actually bet very close to that number. When one guy bets 60k for a game, second 100k, and game sells 80k than average prediction accuracy is 100% but both guys lose money. The fact is that this rules drain money from system.