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FAQ: Team Rankings Predictions & Picks

  • 36 comments - College Football, MLB, NBA, NCAA Basketball, NCAA Tournament, NFL, Prediction Methods - posted by David Hess on 03.15.11

How do your models work?

For descriptions of all the models we use to make game winner, spread, totals, and money line predictions, see our Models, Models, Everywhere blog post.

Why are some of your model predictions listed in green, and others in red?

These colors indicate whether the model’s prediction agrees with our Official TR pick. Predictions shown in green are in concordance with the Official TR pick, and those in red are in disagreement. We feel that color coding the outputs helps users see with a quick glance whether there is consensus among our models, or if there is a split decision.

How do you determine your “Official TR pick” if the models don’t all agree?

For each sport and pick type, we use a technique called logistic regression to combine output of all our models. This technique determines how much weight each of our models should get, in order to maximize our prediction accuracy. In some cases, the Decision Tree rules all, but in other cases, giving partial weight to other models helps. For more information, see About Our Picks.

What do the Confidence star ratings mean?

Our Confidence star ratings tell you how likely we think it is that our prediction will be correct. They are based on precise numerical values (see “What do the Odds column represent?” below), not some wishy-washy gut feelings, and they mean different things for Game Winner picks and for betting picks. For details, please see About Our Picks.

How do you determine the Confidence star rating of your Official TR pick?

The Confidence star rating of an Official TR pick is determined by how accurate we’ve been in the past when predicting games similar to the one in question. We define games as similar based on our projections for them. Those similar games are some of the inputs to the regression model, meaning they will influence the model to make its future estimates closer to the actual success rate that we had on the old picks. For more details on our Official TR picks, see About Our Picks.

What do the Odds column represent? (or Value column for money line picks)

The Odds column is the numerical value upon which the Confidence stars are based. This is the output of the logistic regression that combines info from all our models. It’s our best guess for a team’s win odds or chance of covering, an over/under’s likelihood, or how far above the money line break even point a team’s estimated chance of winning is.

When do you lock your picks?

That’s actually kind of a complicated question. We stop making new predictions 2 hours before a game starts. However, those predictions are initially only in our database. Because our site update scripts (which make sure the new predictions are displayed on the site) run in cycles, it could be anywhere from 5 minutes to nearly two hours before a new prediction is displayed. This means that there is no set lock time for the predictions you see, other than “before the game starts.” Actually, in our ideal world, our models would continue to update right up until tipoff or kickoff, so they could react to last minute line changes, but that’s not technically feasible at this time. Finally, please note that each game locks on an individual basis, according to its own start time — not en masse prior to the start of the day’s first game.

Why do your game winner and ATS picks sometimes conflict?

Basically, because they are the outputs of two different models. We have two separate versions of each of our models, one optimized for picking winners, and one optimized for picking against the spread. Usually, they give the same results, but on occasion, they disagree, just as our Decision Tree and Power ratings models sometimes disagree about which team will win a game.

In situations where picks conflict, one thing you might want to take into account is how confident each pick is. Picks with a confidence rating of only a single star are close to toss-ups in the eyes of the model. Also, looking at our season results page can give you an idea of how often each model is right in a given situation. For example, our Decision Tree ATS model has been correct on 51.1% of games this year, while our Decision Tree Game Winner model has chosen the correct team 60.0% percent of the time when the published confidence is between 50% and 64%.

In the end, which model should take priority is a judgment call. We always advise you take context into consideration when interpreting our model outputs. In this case, that context is that there is another model in disagreement, so you may want to temper your confidence in the pick.

How have your game winner Predictions done in past NCAA Tournaments?

We keep detailed prediction accuracy records for the past 14 NCAA tournaments, broken down by confidence rating. If you want one number, we’ve predicted 71.3% of games correctly over the past 13 years, though our performance has been slightly better in recent years: we’ve gotten 73.1% correct over the past four years. For the complete breakdown, see Bracket Pick Performance.

How have your game winner Predictions done this regular season?

As with the tournament game winner accuracy, we keep detailed records of our regular season accuracy. As I write this on February 9th, 2012, we’ve predicted 5,159 games, and gotten 75.1% correct. For a complete breakdown by month and confidence rating, see College Basketball Picks Season Results.

How have your betting predictions done this regular season?

We keep detailed records of the accuracy of our past betting predictions since the 2007-08 season, which can be found at our College Basketball Picks Yearly Results page. Over that time, our Official TR picks have compiled a 52.1% record against the spread over all games, and we have a 53.3% record on our three-star confidence Official TR picks.

How have your betting predictions done in past Tournaments?

Our Decision Tree model, which is the primary model used to make ATS picks, only started generating predictions in 2008, so our data doesn’t go back very far. We’ve gotten a lot of requests for our NCAA tournament betting picks record, so we’ll post it here, but please keep in mind that a sample size of ~200 games is quite small, and pales in comparison to the amount of data we have on our accuracy during the regular season, which can be found at College Basketball Picks Yearly Results.

During the 2011-12 regular season, through February 9th our 2 star or better totals picks were 771-608-22 (56.1%, +102.2 units at -110 vig). 2-star or better ATS picks were 681-625-23 (52.6%, +6.5 units at -110 vig).

Here is our yearly performance against the spread during the NCAA tournament:

ATS by year3 Star2 Star1 StarTotal
YearWLPWin%WLPWin%WLPWin%WLPWin%
2011000'--78046.7%2130141.2%2838142.4%
201012033.3%125270.6%2418057.1%3725259.7%
20090100.0%710041.2%2323050.0%3034046.9%
2008100100.0%810044.4%2223048.9%3133048.4%
Grand Total23040.0%3433250.7%9094148.9%126130349.2%

Our performance on totals picks during the NCAA tournament:

OU by Year3 Star2 Star1 StarTotal
YearWLPWin%WLPWin%WLPWin%WLPWin%
201142066.7%48033.3%2026343.5%2826343.8%
201011050.0%1310056.5%2811071.8%4222065.6%
2009300100.0%136068.4%2319054.8%3925060.9%
200822050.0%76153.8%1826240.9%2734344.3%
Grand Total105066.7%3730155.2%8982552.0%136117653.8%

And our money line results during the NCAA tournament:

ML by year2 Star1 StarTotal
YearWLWin%UnitsWLWin%UnitsWLWin%Units
201110758.8%+1.5202247.6%-1.2302950.8%+0.4
201012666.7%+13.6172937.0%-14.3293545.3%-0.7
20094930.8%-5.6133228.9%-18.7174129.3%-24.3
Grand Total262254.2%+9.6508337.6%-34.27610542.0%-24.6

I have another question not covered here…

For answer to any other questions you may have, please drop us a comment below, or email us via the contact link on the right.

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    • Tom

      Could I see a spreadsheet of your picks with dates. I want to cross check MLB ML picks with another model I have. I’ve been tracking the last 5 days and it is 5-0. I’m happy to share what I am looking at if you can provide me this. Thanks.

    • http://www.teamrankings.com TeamRankings.com

      Tom -

      We are working on being able to provide a complete historical record of our model picks in a spreadsheet format, but we don’t have it available quite yet. This is something we are working on this summer however.

    • Landon

      Perhaps I am missing something, but I notice that when you initially post predictions, you use the opening vegas lines, but by the time you post them, they’ve already moved, usually in the direction you picked. So the lines you post are often unbettable.

      Why not post predictions based on current lines?
      Or post predictions when lines open so they are bettable?

      What am I missing?

    • http://www.teamrankings.com/ David Hess

      Landon, we have had a couple bugs in our automated prediction system this past week or so. We found the source of the problems, so hopefully this issue will be alleviated.
      In a more general sense — we make predictions on a regular cycle based on the most up-to-date lines we have received from our data feed. Generally, those will be accurate but on occasion there are delays. It’s unfortunate, but unavoidable.

    • http://profile.yahoo.com/DYV4TDV5CFMU42LQNKWHGLYMJY David

      Why is it that there is no data on the performance of 4 or 5-star picks historically?

    • http://www.teamrankings.com/ David Hess

      There are no 4- or 5-star gambling picks. We have no category higher than 3-stars (55%+ projected correct rate). As for 4/5 star game winner picks, they are linked above: 
      http://www.teamrankings.com/ncaa-tournament/bracket-pick-accuracy/yearly-results/

    • Darrendv

      You cover why the Game Winner and ATS picks sometimes conflict, but can you explain why you would have opposing picks for Game Winner and Money Line picks?  

    • http://www.teamrankings.com/ David Hess

      Darren –

      Game Winner picks are simply the team we think has a greater than 50% chance to win the game.

      Money Line picks are which team we project to be a better value bet, using the money line odds.

      For example, if Team A is a -200 money line favorite, you would need to win your bet on Team A two out of every three times in order to break even. So if we project Team A’s win odds to be greater than 67%, they would be the money line pick. If we project Team A’s win odds to be less that 67%, the pick would eaither be Team B or LAY OFF (depending on what Team B’s odds are). So, if we project Team A with only a 60% chance to win, they would be our Game Winner pick, but Team B would likely be our Money Line pick.

    • Weswoolf

      Darren,

        I am using some of your statistical catagories for a project and need to define the catagories used.  Can you tell me what you use to develop the Overall Team Def % and Power rankings?  Thanks.

    • http://www.teamrankings.com/ David Hess

      I am guessing you are asking TeamRankings rather than Darren, since he hasn’t posted any stats/ratings here. If you really did mean Darren, obviously you can ignore this …

      Not sure exactly what you mean by “Overall Team Def %” but my best guess is Defensive Efficiency: http://www.teamrankings.com/ncaa-basketball/stat/defensive-efficiency That is simply points allowed divided by possessions.

      As for the power ratings, we have quite a few varieties. This series of blog posts explains them fairly well: http://www.teamrankings.com/blog/ncaa-basketball/under-the-teamrankings-hood-part-1-power-ratings-basics For a super quick answer, we look at margin of victory, who the opponent is, where the game is played, and the date.

    • Weswoolf

      David,

        Thanks for the help.

    • PitchBlack

      Are you guys thinking about adding hockey anytime soon…

    • http://www.teamrankings.com/ David Hess

      PitchBlack — Adding a new sport is a very labor intensive process, so we don’t have any plans to do so at this time. However, if we were to add another team sport, the NHL would be our top candidate.

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