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Breaking Down Randomness, Win Probability, and Competitive Balance Across Sports
15 July 2026

Breaking Down Randomness, Win Probability, and Competitive Balance Across Sports

Wharton Moneyball

About

If the best team does not always win, how much of sports success comes down to skill, strategy, or randomness?


Eric Eager, Vice President of Football Analytics for the Carolina Panthers, joins the Wharton Moneyball team to examine the role of unpredictability in sports. The conversation explores whether the Home Run Derby is more revealing than it appears, how tournament design influences results, and why major competitions can feel random even when familiar contenders ultimately advance.


The discussion also covers World Cup win probabilities, the importance of superstar players, NHL contracts and salary caps, the disappearance of 200-game winners in baseball, and whether momentum can explain the changing performance of elite golfers.

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