The wisdom of the crowds or herd mentality... it's hard to know what it is until after the fact. Here're some data points from the contest I'm running:
The crowd thoughts on Cadiz v Zaragoza game were:
- Cadiz to win - 6 votes
- Draw - 5 votes
- Zaragoza - 0 votes
Cadiz won 2:0.
One data point means nothing, but I'm putting to the test the wisdom of the crowds theory. Will it stand up to the test, I honestly don't know.
Yes, it's a small data point but you have to start somewhere!
I think for a more accurate analysis you need to look at the market prices for the match before kick-off. If Cadiz was an underdog winner then I would be significantly impressed.
The crowd jumped on the Cadiz train and by the time the game has started the odds dropped from @2.42 to @1.95 😄