What should I do with that free bet?

October 27, 2015 at 10:44 pm

Every once in a while the Sportsbook Fairy will float down from cyber-Elysium and magic a free bet into your account. How should you best take advantage of such a fortuitous circumstance? Sure you could be a well behaved, risk averse bettor and bet that money on your favorite side or total, or that -300 favorite, but that won’t maximize your expected return. I’m going to give you permission to let loose your inner degenerate, that gambler within dying to bet on longshot parlays, in the name of higher expected return. First, I will define the problem. Sportsbooks, as a […]

Improving the Performance of Wong Teasers

October 27, 2015 at 6:23 pm

Executive Summary: Bet Wong Teasers in NFL games with totals under 50.5 and avoid road favorites. ROI improves from 2.49% to 5.67%. Wong Teasers Explained A teaser bet allows the bettor to move the line in his or her favor. Teasers are most commonly offered in denominations of 6, 6.5, and 7 points, although other denominations can be found. In a 6-point teaser, the bettor moves the spread in his favor by 6 points. A teaser is a bet similar to a parlay in that the bettor must tease 2 or more teams and each leg of the teaser must […]