Sure. It is more formalized. That's because it intends to make the concept clear while still being easy (the explanation looks complicated but the game is not). Wits and Wagers seems to skew the bets to one side which obscures the concept. And Wits and Wagers has no differentiation between min-max range and majority-range.

But I already see that I do not get around to trying out Wits and Wagers. There are always some game mechanics one can learn from.