I think his methods are correct, but the format does give that impression, and more importantly, I think some of the lines are mixed up (or there are some other types of errors), which would explain the anomalies that
SoupInNYC and I noted. So the result of the third game is not actually dependent on the result of the first two, but the numbers in the table should be the likelihood of getting a W or L or D combined with the likelihood of each possible result of the first two games.
Turning back to Gator's sense that the likely result it low, I think it's just an effect of this type of analysis. Once you start multiplying percentages of multiple likely events the combined likelihoods just go down. We tend to think differently: The most likely result -- and better than 50% -- of each of the 2 home games is a win, so we bank 6 points. Then the combined likelihood of either a win or draw in the RB game also is >50%, so that should be a point, and we figure 7 points is a likely result. Which it is. It is a very likely result compared to all the others, but there are 27 possible outcomes, and even the single mostly likely outcome will be nowhere near 50% overall.
It is just really hard to get a high expected point value given the multiplicative effect. I did some calculations, and estimate we would need to have a 70%+ chance of winning each home game to get an expected point total in the 5.5 range. That's just never going to happen. So even though the method is correct, it tends to give low results, and given the small set of games, I think it diverges greatly from actual possibilities. I calculate the expected point vale of Game 1 by itself at about 1.78, Game 2 is 1.06 and Game 3 is 1.86. That adds up to 4.7 which is close to Gator's result.
But in fact we can only get 0, 1 or 3, in each game, so the expected values of Games 1 and 3 is roughly a full point away from an actual possibility in either direction. I think 3 games is just too small of a sample to soften the edges separating the combined average point value from the actual real world possibilities.