Originally Posted by
Ganchrow
Sometime you just gotta do what you gotta do.
Yes, clearly -134 is quite high ... but remember that it only applies to 2-team 6-point NFL teasers with both legs Wong. Depending upon your specific choice of starting line that's about 4.5% vig, which is hardly unreasonable, in my opinion.
If you're only playing one Wong leg in a 2-team teaser you'll get -113, which is still pretty decent in the current environment that features many of our competitors charging -120 for the same very teaser.
What it really comes down to is that we just don't think it wise to bend over and book Wong-packed teasers at a loss. On the other hand, provided most of a teaser's legs are not Wong (which to reiterate, applies to the vast, vast majority of our teaser action), we're able to provide truly industry-leading prices.
So that's what we're doing ... no smoke, no mirrors ... I really want to be as straightforward as possible here and in all candor I believe that this pricing mdoel represents an extremely positive change for the bulk our customers.