In case youāre unaware, a teaser is a type of parlay (and a parlay is a bet composed of smaller bets ā or ālegsā ā that all need to hit for the overall position to cash).
Let me walk you through an example.
As I type this sentence (Wed. 10/25 at 3 p.m. ET), Iām looking at all the odds on DraftKings. The Bills are -8.5 (-110) at home against the Buccaneers for Thursday Night Football. (More on that game later in the newsletter. Thatās what we callā¦ wait for itā¦ a tease!) And on Sunday, the Saints are +1.5 (-110) on the road against the Colts.
If we wanted to parlay these two teams at their current lines and odds, DraftKings would give us a payout at +264 if both bets hit. With $100 wagered, weād get our $100 back plus $264.
But if we want to tease, DraftKings will give us an extra six points on both teams ā so weāll get Bills -2.5 and Saints +7.5 ā and thatās fantastic, but in exchange, weāll have far shorter odds (-120). If our ticket cashes, $120 wagered will net our original investment plus just $100.
Essentially, in teasers, weāre buying points from the sportsbook.
š¤ Is It Worth Buying Points Via Teasers?
Yes, itās worth sacrificing payout for pointsā¦ as long as we get multiple important points.
With our Bills -2.5 and Saints +7.5 legs, weāre moving through the key numbers of 3 and 7 ā the two most important integers in football. Even at -120 odds, this teaser is profitable.
Based on the Unabated Teaser Calculator, this bet has a +3.08% edge ā and thatās based solely on getting through 3 and 7. That doesnāt take into account anything to do with the games themselvesā¦ whether the Bills and Saints are actually good bets.
If they are good bets ā if they offer value at their original lines of Bills -8.5 and Saints +1.5 ā then this teaser should have an even larger edge.
š£ļø Why Does This Matter?
Hereās why Iām bringing this up.
This week, we have a lot of games that are in the six-point Wong teaser zone.
Bills -8.5 vs. Buccaneers
Titans +2.5 vs. Falcons
Steelers +2.5 vs. Jaguars
Saints +1.5 at Colts
Ravens -8.5 at Cardinals
Chargers -8.5 vs. Bears
Lions -8 vs. Raiders
Depending on the book youāre looking at, there might even be a couple more games that fall into the +1.5 to +2.5 and -7.5 to -8.5 buckets.
With this many options on the board, teasers are bound to be a āthingā this week. People will be talking about them on podcasts, writing about them in articles, and betting them with abandon.
To see my projections and get some thoughts on the teaser legs I like more than others, check out my Week 8 Best Bets article.
What are the key numbers in the NFL? Jason Scavone from Unabated talks about how to bet the spreadā¦
When youāre playing spreads in the NFL, the number you get is critical. But some numbers are more critical than others.
And if you arenāt paying laser-focused attention to what lines youāre betting into ā and where there might be better alternatives ā you arenāt going to make it. Betting NFL sides is complicated enough on its own. You canāt bring a butter knife to a bazooka fight.
šļø What Are the Key Numbers in NFL Betting?
You end up with key numbers in the NFL because of how scoring works: three points for a field goal, six for a touchdown, and points after worth one or two. Throw the occasional safety into the mix.
Not coincidentally, those are the key numbers to look out for. To understand why, we need to know the push probability. In other words, the chance that a game is decided by exactly that number.
3 Points: Itās worth about 9%. That means if the Seahawks are a three-point favorite over the Browns, thereās a 9% chance Seattle wins by exactly three.
7 Points: Thereās around a 6.5% chance the Chiefs beat the Broncos by exactly seven.
6 Points:Last, a game lined at -6 has about a 4.5% chance of falling on that number.
Great call, eagle-eyed and savvy bettor. Thatās true. You know it. The sportsbooks know it. And the sportsbooks know you know it.
This is why theyāll let you buy onto and off key numbers. Usually, though, for a hefty fee.
Every bet has a price attached (thatās the ā-110ā youāll see after a spread), and the hallmark of any good bettor is paying less for your bets than theyāre worth. Your job is to bargain hunt.
3 Points: Almost every book will charge at least 25 cents (some now charge more) to buy from -3 to -2.5 or +3 to +3.5. In other words, if your book offers Seattle -3 at -120, theyāll give you Seattle -2.5 at -145. But the actual value of moving on or off the three is around 19 cents. Youāre paying too much for the half-point when itās a quarter.
7 Points: Taking -7 to -6.5 should cost about 13 cents, but many sportsbooks will let you do it for just 10 cents. If you can move a +7 (-110) bet to +7.5 (-120), itās a good value.
6 Points: Moving on or off the -6 should only cost around eight cents. Most sportsbooks will charge you 10. Donāt overpay.
š° The Takeaways
The most obvious conclusion here ties to one of the fundamental axioms of sports betting: Line shopping matters. Here. Weāll say it again, louder for the people in the back: LINE SHOPPING MATTERS.
If two different books are offering Seattle -2.5 (-110) and Seattle -3 (-110), itās a slam dunk to bet the Seahawks at the first book if you think Seattle is the right side. Always make sure youāre getting the best number on either side of the 3, 6, or 7.
The second important thing to remember is that if youāre buying half points, only do so when the price is right. If you can get the 7 for 10 cents, itās worth it. If you canāt, keep your powder dry.
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Our friends over at The Hammer Betting Network have been adding their favorite Week 8 bets to our Free Bet Tracker. Hereās one of the latest courtesy of Fabian Sommerā¦
Week 8 kicks off TONIGHT with a heart-palpating interconference matchup matchup between the Bills and Buccaneers. Matt LaMarca is here to break it all down from a betting angleā¦
The sharps havenāt really taken a stand on this game, but the public has been all over the Bills. Buffalo has received 85% of the dollars on just 83% of the bets, causing this number to move from Bills -7.5 to Bills -9.5 across the industry.
Itās always scary to back such a public team ā particularly during an island game ā and the public took an absolute beating in Week 7. Teams getting at least 55% of the bet tickets went just 2-7 against the spread and posted the worst ROI of the 2023 season.
However, public teams have actually done pretty well this season on the whole. Teams getting at least 55% of the tickets are 46-34-3 overall, and teams getting at least 65% of the bets are 20-14-2.
I still donāt think you want to make a habit of grabbing public teams, but doing it every once in a while probably isnāt a death sentence.
The Bills were listed as 10-point favorites when this line was first released, so their recent performances have created a smidge of value in their favor. The team should also be focused after getting upset by the Patriots: theyāre 13-10-2 ATS after a loss with Allen at quarterback.
Unless Mayfield can revert to his early-season form ā which stands out as a significant outlier when compared to his overall body of work ā I donāt see how this game stays competitive.
Allen has been a bit more reluctant to tuck it and run this season than in years past. He averaged 7.1 attempts per game over his first five seasons, resulting in 40.1 yards per game. This season, heās down to just 4.1 attempts per game, and his rushing average has dipped to 21.1 yards.
Diving into his utilization, his designed rush rate has dipped from 18% in 2022 to just 7% this season, while his scramble rate has remained pretty much the same (8% vs. 7%).
However, Allen did have a season-high seven totes in his last game, but he averaged a subpar 2.4 yards per attempt. Allenās YPC for his career is 5.6, so he should see some progression in that department moving forward.
We have Allen projected for closer to 26 yards on Thursday, giving him a nice cushion over the FanDuel line of 21.5. With the team losing two of their past three games, donāt be surprised if they let Allen off the leash a bit in Week 8.
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