A type of parlay where you get extra points on spreads or totals in exchange for lower odds.
A teaser is a special type of parlay that allows you to adjust point spreads or totals in your favor by a fixed number of points (typically 6, 6.5, or 7 in football). In exchange for the more favorable lines, the payout is reduced compared to a standard parlay.
Teasers are most popular in NFL betting. A classic strategy called the "Wong Teaser" involves teasing 6 points through key numbers (3 and 7) in football, which has historically been shown to have positive expected value with the right selections.
The key to profitable teaser betting is understanding which numbers are most valuable to tease through. In football, crossing 3 and 7 (the most common margins of victory) adds the most value.
You place a 6-point 2-team NFL teaser: Cowboys −2.5 becomes Cowboys +3.5, and Chiefs −7 becomes Chiefs −1. Priced at −120 at DraftKings, a $60 bet wins $50.
The Wong teaser rule: only tease underdogs of +1.5 to +2.5 and favorites of −7.5 to −8.5 through the key numbers of 3 and 7. Historically those specific teasers have cleared the 72.4% break-even rate needed at −120, making them genuinely +EV. Books caught on and pushed most teasers to −130 or worse; the edge survives only at a handful of offshore and reduced-juice books, and only in NFL, not college.
<p>You place a <strong>6-point 2-team NFL teaser</strong>: Cowboys −2.5 becomes Cowboys +3.5, and Chiefs −7 becomes Chiefs −1. Priced at <strong>−120</strong> at DraftKings, a $60 bet wins $50.</p><p>The <strong>Wong teaser</strong> rule: only tease underdogs of +1.5 to +2.5 and favorites of −7.5 to −8.5 through the key numbers of <strong>3 and 7</strong>. Historically those specific teasers have cleared the <strong>72.4% break-even rate</strong> needed at −120, making them genuinely +EV. Books caught on and pushed most teasers to −130 or worse; the edge survives only at a handful of offshore and reduced-juice books, and only in NFL, not college.</p>
A type of parlay where you get extra points on spreads or totals in exchange for lower odds.
<p>You place a <strong>6-point 2-team NFL teaser</strong>: Cowboys −2.5 becomes Cowboys +3.5, and Chiefs −7 becomes Chiefs −1. Priced at <strong>−120</strong> at DraftKings, a $60 bet wins $50.</p><p>The <strong>Wong teaser</strong> rule: only tease underdogs of +1.5 to +2.5 and favorites of −7.5 to −8.5 through the key numbers of <strong>3 and 7</strong>. Historically those specific teasers have cleared the <strong>72.4% break-even rate</strong> needed at −120, making them genuinely +EV. Books caught on and pushed most teasers to −130 or worse; the edge survives only at a handful of offshore and reduced-juice books, and only in NFL, not college.</p>
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