With the NBA season concluding last week with a Miami Heat championship, let's revisit how those pre-season pundit predictions turned out. We tracked the picks from 30 ESPN pundits across 11 categories (6 division winners, 2 conference champions, NBA Finals champion, MVP, and rookie of the year).
Going with the consensus this year would have paid off handsomely, as Vegas only missed on two favorites. It liked Derrick Williams to win rookie of the year—the award went to Kyrie Irving—and the Mavericks to win the Southwest. The Spurs won. Still, several pundits outperformed Vegas, with John Hollinger scoring the best based on $1 Bet Yield. As a reminder, this metric calibrates predictions for boldness by measuring the average payout (using Vegas odds) had you placed $1 bets on each of the pundit's selections.
$1 Bet Yield
Hollinger and Chad Ford tied for the most accurate bracket based on the standard hit rate approach (# of correct calls divided by # of total calls), each getting 10 of 11 picks right. Hollinger missed the Pacific division winner (Clippers instead of Lakers), while Ford missed the Southwest winner (Grizzlies instead of Spurs).
Republished with permission from PunditTracker.com. PunditTracker's mission is to bring accountability to the prediction industry by cataloging and scoring the predictions of pundits. The site, which is currently running as a blog, is slated to officially launch later this year.