boooeee wrote:
I've been testing the rankings against the Saturday spreads, and most games look reasonable, but the Knicks-Nuggets spread is puzzling. According to my rankings, the Knicks should be favored by a point at home versus the Nuggets (they're 2.5 points "worse" than the Nuggets according to the rankings, but after you factor in 3.5 points for home court, you get a -1 point spread). Instead, the Nuggets were favored by 2.5 points. Usually, when the rankings miss that much (3.5 points) it's due to a high-profile injury. But as far as I can tell, there were no injuries or roster changes worth noting for either the Nuggets or the Knicks.
I would say it is an issue with the your ranking. Ridge Regression has the Nuggets being much better than the Knicks, my ranking has them also being much better. In fact I won ATS, because I expected the Nuggets to win between 5 and 9.6.
Not quite sure how your ranking is created, but maybe you are overrating some things here.
Anyway, last night was 8-2 ATS, but the two previous nights it was 3-14 ATS. Overall now 91-68 ATS and two pushes.
Evan, you might have found something, which is a good betting tool. Maybe it is weaker as saying us something about the real strength of the teams, but in essence your algorithm seems to predict pretty well how much Vegas is off.