Tournament Monte-Carlo Simulation
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The Excel-based model can be used to:
- Simulate the winning probability of each team
- Simulate the probability of each team reaching a certain stage of the tournament (e.g. the probability of Germany reaching the quarter-finals)
- Simulate the result of a single match
- Make your own assumptions about the team abilities
You can also use the model to track match results and run the simulation at a later stage of the tournament.
Selected Features
What's under the hood ?
- Monte-Carlo Simulation in Excel
- Estimation of match results based on historical data (Poisson-Regression in Python)
- Parameter optimization (Stochastic Optimization in Python)
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