On the Best Bet threads there is more than one of my typically long-winded explanations of what these estimated pointspreads are, and on why I don't rely on them exclusively to pick games.
I have also prattled on at length about how the NBA lines at this late stage of the season seem very tight.
Nevertheless, it's worth noting that when the Jay Edgar estimated line enjoys a gap of more than 2 points from the final pointspread ( I have drawn the line at 2.4 points), the indicated team is still covering at close to 60%.
Here is the report card for the first ten days of March. (Note that I have made one alteration -- a common sense switch to a "no play" on PHX vs SA in light of the Nash injury.)
For some reason, it is usually NOT the case that a larger gap is more predicative of a winner. That is true again here as well.
DATE PLAY AGAINST GAP RESULT MARGIN
03-10 DEN +4 TOR 3.4 WIN 15
03-10 ORL +3- CLE 4.9 WIN 32.5
03-10 MIA -9 GS 3.1 LOSS 14
03-09 PHI +1 DEN 5.3 LOSS 3
03-09 POR +8- DAL 8.4 LOSS 8.5
03-09 PHX +4 SAN 8.6 no play 28
03-08 CHA -1- GS 5.6 WIN 1.5
03-08 WAS +9- MIA 2.9 WIN 4
03-08 BOS +2 PHI 7.6 WIN 9
03-08 IND +4 HOU 3.9 PUSH 0
03-08 MIN +4 UTH 2.8 WIN 1
03-07 BOS +7 WAS 3.2 WIN 8
03-07 TOR +6 CLE 3.9 LOSS 1
03-07 ATL +1- GS 9.2 WIN 9
03-07 POR +15 DAL 6.2 WIN 9
03-07 CHI -3 NJ 3.0 WIN 3
03-06 CHA +5- MIA 4.9 WIN 4.5
03-06 SAC +4 NJ 5.9 WIN 19
03-06 MEM +4- DEN 5.4 LOSS 9.5
03-06 ORL +4- UTH 5.3 LOSS 0.5
03-06 LAX +4 SAN 4.0 LOSS 2.5
03-05 IND +2 PHI 2.5 WIN 3
03-05 CHI +4- CLE 2.7 LOSS 14.5
03-05 HOU -11- POR 4.1 WIN 6.5
03-04 TOR +5 NJ 3.7 PUSH 0
03-04 ATL +12- MIA 3.9 WIN 10.5
03-04 ORL +10-DEN 8.0 LOSS 6
03-04 LAX +4.5 DET 3.5 WIN 13.5
03-03 ATL +4 SAC 3.1 LOSS 5
03-03 NY +2.5 CHI 4.0 LOSS 4.5
03-03 BOS +1 IND 4.0 WIN 2
03-03 CHA +11-DAL 6.2 LOSS 2.5
03-03 SEA +7- DET 5.2 WIN 5.5
03-01 SAC +3- CLE 5.5 WIN 10.5
03-01 BOS +5- MIA 9.3 LOSS 1.5
03-01 PHI +5- HOU 2.8 WIN 10.5
03-01 MIL +9- PHX 3.6 LOSS 3.5
03-01 CHA +5 UTH 2.4 WIN 2
03-01 NOK +8 LAC 5.1 LOSS 14
21 wins
15 losses
2 pushes
1 no-play
All of the estimated pointspreads were posted in the Best Bets threads as soon as they were available on the night before the game.
In the calculation I have used the final line as posted on Wagerline, although I am sure there are some variations. And of course the prudent lineshopper could have turned a couple of the losers and pushes listed above into winners.