Goldman Sachs once again changes its World Cup predictions — and is now forecasting a Belgium-England final

Business Insider | 7/9/2018 | Will Martin
joseph76 (Posted by) Level 3
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Goldman Sachs forecasts that Belgium is now the team most likely to win the World Cup — with a 32.6% of doing so.

The investment-banking giant changed its prediction after Belgium defeated Brazil in the quarter finals.

Goldman - Machine - World - Cup - Forecasts

Goldman has used machine learning to simulate how it thinks the World Cup will play out, but has frequently adjusted its forecasts because of the unpredictable nature of the tournament.

Goldman Sachs has changed it's mind about the World Cup final — again.

Brazil - World - Cup - Belgium - Top

"With Brazil now out of the World Cup, Belgium is at the top of our probability table," Goldman's analysts wrote.

Belgium beat Brazil 2-1 in Sochi on Friday night, and are now the most likely team to take home the trophy, with a 32.6% chance of winning, according to Goldman.

Year - Belgium - World - Cup - Performance

Before this year, Belgium's best ever World Cup performance was a fourth place finish in 1986. It is now guaranteed to at least match that, but Goldman expects the country to do much better.

Goldman has good news for England fans, forecasting the team will be victorious in...
(Excerpt) Read more at: Business Insider
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