teaser opportunity -- do I have this wrong?

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  • atakdog
    SBR High Roller
    • 09-04-07
    • 139

    #1
    teaser opportunity -- do I have this wrong?
    I guess it's widely believed that teasing across the 3 and the 7 can be a slightly good deal in the NFL. Well, I think I have an even better plan, if you have an account at a book that deals strange lines in the vicinity of these numbers.

    Specifically, suppose your book offers something like +3 -125 or even as much as -135 when the market is +2.5 -110. I have seen a couple of these recently at Bodog (yeah, I know, but it's worth it for the strange lines sometimes). If you were to include this line in a parlay you'd have to pay extra to buy the line to -110 before the payout was calculated, but I gather that it's normal to find fixed odds on teasers. In other words, if +3 -135 is roughly equivalent to +2.5 -110 (which the half-point calculator confirms), by teasing this number you get the benefit of a free half point -- you tease it to +9, getting the same odds as the rest of the world going to +8.5. If +8.5 is a slightly good deal, then +9 should pay for itself in the long run.

    Have I missed something here?

    There's a variant available right now for MNF on Bodog, which has SF +10 -125 and the total at u37 -115. Teasing these to +16 and u43, or +17 and u44, should be good because it effectively crosses the 10, 13, and 14 (and gets onto 17 in the latter case); further, these two results should be positively correlated.

    Again, what am I missing (other than having to put money on a terrible 49ers team)? This seems too good to be true.
  • atakdog
    SBR High Roller
    • 09-04-07
    • 139

    #2
    A related question, for the math guys: how valuable should one expect the correlation of over and favorite, or under and dog, to be in its effect on a teaser?
    Comment
    • atakdog
      SBR High Roller
      • 09-04-07
      • 139

      #3
      I am reminded, now, that even getting 17, if you've bet on a team that's absolutely horsesh1t...

      I still think the math is right on this type of bet, and would appreciate comments.
      Comment
      • ensign_lee
        SBR Hustler
        • 04-24-07
        • 58

        #4
        Yes, being able to get essentially get a free half point with basing a teaser off a line of +3 (-130) instead of +2 (-110) is good.
        Comment
        • prop
          SBR MVP
          • 09-04-07
          • 1073

          #5
          Thinks about what you're laying

          If you were betting these straight which one would you chose?
          +10 -135
          +16 -262

          I would chose +10 -135 because the 6 extra point is certainly not work -262. But i would probably not even need to chose this because +9.5 -110 or +10 -120 is likely available at other sites with some line shopping which would be the better options. The one I would never chose is the +16 -262

          However when you see +3 -135, then certainly this would be worth teaser, as its equivalent to +2.5 -110 and falls into a basic strategy teaser.

          For totals you'll rarely ever be able to tease at a better price then you could just bet it straight on an alternate line.
          Comment
          • prop
            SBR MVP
            • 09-04-07
            • 1073

            #6
            oops. I completely ignored the correlation aspect of this.
            I certainly personally did not give it a lot of value because I had two bets in this game:
            I bet Seattle -9.5
            and I bet under 31.5 +200
            I agree though that the correlation is there but math wise I am only a bit over average in that department so I'll leave that question for someone else.
            Comment
            • CrapsMyWay
              SBR Hustler
              • 11-03-07
              • 66

              #7
              I don't like it....but Good Luck!
              Comment
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