Originally Posted by
SparJMU
I have no clue what happened in last nights games (although I GUARANTEE this is a losing bet), so let's stick to general teaser betting as opposed to this truly pathetic bet.
Explain to me mathematically why teasing a total is a smart play. Please include the push rates for all NFL preseason totals. I will provide the basic numbers for you because I imagine you have no idea where to start, then you can explain the profitability aspect for me.
7:1 odds means you have to win this bet 12.5% of the time to breakeven. Since there are 6 "legs" in the teaser, each leg has to hit at an average of 71% in order to achieve the 12.5% win rate. Now it's your turn, show me the math to prove that teasing a total from Over 37 to over 31 will win at a 71% rate or better.