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Playoff Odds: How it works

Updated: December 11, 2012, 1:00 PM ET
By John Hollinger | ESPN.com

Yep, it's back.

It's once again time to unveil the Hollinger Playoff Odds.

The idea is to predict what a team's odds are of making the playoffs, winning the division, making the Finals, etc., by simulating all the remaining games in the NBA season. We have a computer at ESPN headquarters in Bristol, Conn., that automatically plays out the rest of the season every night -- not once, but 5,000 times. And we can see from those 5,000 trials how many times a certain outcome resulted, then ...

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