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Wong Teasers Basic Strategy Discussion Thread Wong Teasers Basic Strategy Discussion Thread

10-04-2010 , 02:04 AM
Quote:
Originally Posted by Thremp
More like I'm attacking post-hoc analysis and the idea that you can discern between sharp/square monies.

Was the monies on the Jags sharp/square? At the time it seemed like teasers hedges... but they won? OH NOES!!!! Should we change our analysis.
If you are incapable of discerning between sharp/square steam at some level pre-game that is pretty hilarious.
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10-04-2010 , 02:32 AM
Quote:
Originally Posted by PropPlayer
Tremp is like Yoda. A lot of wisdom but rarely have a clue what he is saying. Maybe he is saying three team teaser would have needed to pay +200 for the colts to have been a good tease there, which actually comes close to making sense, or maybe he's saying something I can't comprehend as I'm not advanced enough to understand Yoda wisdom, especially when mixed with big words, or sometimes short ones, that I don't know their meanings.

Anyways though: the reason Colts -1 was not a good bet imo. They were offered -7 +107 just before game time. Depending where and how you played it most likely you got a bet worth Colts -1 -244 @ best. This is pretty basic and these #s are extremely rough. What you need to see is taken the Colts from -7 to -1 is that worth the 151 cent difference in price?

Again very rough #'s might look something like this:

6.5 = 14 cents
6 = 10 cents
5.5 = 9 cents
5 = 4 cents
4.5 = 4 cents
4 = 7 cents
3.5 = 7 cents
3 = 31 cents
2.5 = 31 cents
2 = 5 cents
1 = 7 cents

Add those all together and see if moving from 7 to 1 is worth 151 cents or not.

This is only a starting clue. The initial numbers might come from historical data ran at various different levels of years. From there examine what bets are available where on alternate lines and back out juice. Basically when betting a teaser its good to find several factors and weight them all together. When none are working against you probably found the best option to bet the game. Everyone here seems to have a short cut, but these short cuts rely on putting too much emphasis on one factor or another.

A side note: Despite its worked in the past, I doubt that simply teasing every line that crosses 3 and 7 together is going to make money long term going forward, and if it does; this most likely would not be as much money that could have been made if instead each bet was researched to find which option (straight, point buy, alt line, moneyline, teaser) carries the most value. Finding value through teasers though most likely stays an option for a long time.
Is this kinda like how all pleasers are sucker bets?
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10-04-2010 , 02:39 AM
Quote:
Originally Posted by shipitkthx
Too smart for this thread imo.
Quote:
Originally Posted by shipitkthx
If you are incapable of discerning between sharp/square steam at some level pre-game that is pretty hilarious.
Enlighten us
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10-04-2010 , 03:18 AM
Quote:
Originally Posted by PropPlayer
Everyone here seems to have a short cut, but these short cuts rely on putting too much emphasis on one factor or another.
When your numbers are admittedly rough, any 'short cut' that doesn't equal hmm, what does the market say? is ******ed.

Quote:
Anyways though: the reason Colts -1 was not a good bet imo.
LOL @ U

Quote:
A side note: Despite its worked in the past, I doubt that simply teasing every line that crosses 3 and 7 together is going to make money long term going forward
Why? lower payouts?
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10-04-2010 , 03:58 AM
Quote:
Originally Posted by calm
When your numbers are admittedly rough, any 'short cut' that doesn't equal hmm, what does the market say? is ******ed.
This wasn't a how to guide. I see: Join Date: Mar 2006 / Posts: 16,030 and many of his posts earlier he's asking very basic questions. I decided to take a crack at explaining the basic concept behind teasers in a way other than was responded to before. I was saying for this particular game these #s are extremely rough but here is the basic concept of what you're doing with a tease. The short cut was more of what I expanded on later in evaluating all ways game can be bet, where pricing is at and seeing if all is in line with the teaser.

Quote:
Originally Posted by calm
LOL @ U
Okay imo wasn't exact I should say "based on one set of factors and here goes" and went on from there, or something to that effect. I have a limited vocabulary and struggle with words. So sure will continuously be something I don't explain well, such as last sentence of previous paragraph.

Quote:
Originally Posted by calm
Why? lower payouts?
That's one reason. Optimal exposure strategies for correlated outcomes was what I was getting at with the second part of it.

Anyways: my response wasn't meant to be anything other than taking a crack at answering his questions. Perhaps i should of sent it to Lego via PM.
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10-04-2010 , 04:02 AM
Quote:
Originally Posted by PropPlayer
What you need to see is taken the Colts from -7 to -1 is that worth the 151 cent difference in price?
Speaking in terms of "cents" when discussing a move from +107 to -244 is awful. Unless you're talking about small increments around even money where cents is a decent shortcut, always use percentages.

Quote:

Again very rough #'s might look something like this:

6.5 = 14 cents
6 = 10 cents
5.5 = 9 cents
5 = 4 cents
4.5 = 4 cents
4 = 7 cents
3.5 = 7 cents
3 = 31 cents
2.5 = 31 cents
2 = 5 cents
1 = 7 cents
Cents issues aside, these numbers are way off. You have the 7 not being worth much more than the 6, when actually the 7 is worth much more than the 6, and while the 2 and 1 are pretty dead, you have the 1 worth about 0.6% and the 2 worth about 0.45%.

Also, the 3 is worth nowhere near 4.5 times as much as the 4. It's worth maybe 3.25 times as much as the 4.

Quote:
This is only a starting clue. The initial numbers might come from historical data ran at various different levels of years. From there examine what bets are available where on alternate lines and back out juice. Basically when betting a teaser its good to find several factors and weight them all together. When none are working against you probably found the best option to bet the game. Everyone here seems to have a short cut, but these short cuts rely on putting too much emphasis on one factor or another.
The first thing you need to do is throw your cents out the window.
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10-04-2010 , 04:24 AM
This was meant to be an extremely simplified example to illustrate what's happening in a teaser, and wasn't meant to include strategy or an actual push chart. I ran out some off top of head numbers as guess based on a 7 point road favorite in format I though was easiest to make the point without complicating it for him. I should of said "extremely rough and off top of my head" and made other disclaimers I guess instead of just quoiting his post I was responding to.
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10-04-2010 , 04:44 AM
Quote:
Originally Posted by PropPlayer
This was meant to be an extremely simplified example to illustrate what's happening in a teaser, and wasn't meant to include strategy or an actual push chart. I ran out some off top of head numbers as guess based on a 7 point road favorite in format I though was easiest to make the point without complicating it for him. I should of said "extremely rough and off top of my head" and made other disclaimers I guess instead of just quoiting his post I was responding to.
Just use percents, not cents. I'm still not sure what exactly you were getting at since it seemed like you bet Colts teasers but were also saying Colts teasers were a bad bet, unless you meant you bet the Colts teasers and then later didn't like the bet, which certainly happens. Anyway, to simplify matters, I don't like road favorite teasers in general, like road teasers lined at -7 even less, and like road teasers lined at -7 +107 even less, so I probably agree with whatever you were trying to say.
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10-04-2010 , 05:03 AM
No, I didn't have anything at risk on Colts.

I had an arb involving Colts because for a brief period their moneyline was +300 while the spread was -7. It wasn't until spotting that I went searching for a place to use it, and entered both bets at the same time. A Colts loss = no action, Colts win = action on Chargers.

Also I wasn't openly criticizing anyone's bet. I was responding to his post saying he doesn't understand why Colts teased to -1 would be a bad bet.

Anyways, no big deal I think. I just seen the 4 year join date, massive post count, green user name and confusion and thought okay I'll contribute. perhaps my post wasn't helpful to him, it wasn't meant to be anything too in-depth. Obvious I don't covert to % back to cents and add. It was for short illustration purpose. Again w/e no big deal. This turned into more time than I though I'd spend on my intention to just fire out a quick response to him.

Last edited by PropPlayer; 10-04-2010 at 05:10 AM.
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10-04-2010 , 05:10 AM
God damn do you all miss me just putting up picks and profiting.
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10-04-2010 , 05:12 AM
Quote:
Originally Posted by Daliman
God damn do you all miss me just putting up picks and profiting.
Yeah none of us here can do remedial math.
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10-04-2010 , 06:37 AM
Quote:
Originally Posted by hedgie43
Yeah none of us here can do remedial math.
You'd be surprised.
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10-04-2010 , 07:54 AM
Quote:
Originally Posted by PropPlayer
This wasn't a how to guide. I see: Join Date: Mar 2006 / Posts: 16,030 and many of his posts earlier he's asking very basic questions.
Well I play poker. That's what I was here for. Now trying to start learning this sports betting thing a little bit.

I appreciate people answering my basic questions. Thank-you. I'll try to get myself to understand it.




Quote:
Originally Posted by Daliman
God damn do you all miss me just putting up picks and profiting.
I wouldn't mind this the slightest bit. Sounds good.
Wong Teasers Basic Strategy Discussion Thread Quote
10-04-2010 , 12:04 PM
Quote:
Originally Posted by PropPlayer
Tremp is like Yoda. A lot of wisdom but rarely have a clue what he is saying. Maybe he is saying three team teaser would have needed to pay +200 for the colts to have been a good tease there, which actually comes close to making sense, or maybe he's saying something I can't comprehend as I'm not advanced enough to understand Yoda wisdom, especially when mixed with big words, or sometimes short ones, that I don't know their meanings.

Anyways though: the reason Colts -1 was not a good bet imo.
Thremp did not really mean that teasing the Colts down to -1 was a bad beat. He was being sarcastic. I don't remember Yoda being sarcastic and inserting random wisecracks into conversations where people had no idea WTF he was even referring to. Maybe I have to rewatch the trilogy.

He bet on CroCop against Frank Mir. After Mir KOed CroCop, some people told him that he had made a bad bet. He says it was a good bet, because he beat the closing line. He now came into this thread to joke that having the Colts -1 was definitely a bad bet because the Colts lost. He is not actually saying that teasing the Colts was bad.

I hope this doesn't derail the thread. You have to realize that most of Thremp's posts are less than worthless. Unless you read every thread, his random wisecracks will probably just confuse you. You shouldn't get worked up trying to find the nugget of wisdom in each of his posts.
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10-04-2010 , 12:22 PM
Quote:
Originally Posted by shipitkthx
If you are incapable of discerning between sharp/square steam at some level pre-game that is pretty hilarious.
Scoreboard.
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10-04-2010 , 12:33 PM
I for one, really appreciate any strategy and spoon feeding that is done in this thread, I don't know my elbow from my a-hole when it comes to sports betting... I just thought it would be fun to do wong teasers for the entire season and see what happens

P.S. I miss daliman the wong messiah
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10-04-2010 , 01:29 PM
Quote:
Originally Posted by Daliman
God damn do you all miss me just putting up picks and profiting.
not really

what pct am I running on the legs that you are poo-poo'ing as not being true wongs?

pretty sure I posted 8 winners out of 10 this week
it was 6 winners out of 8 last week

that's enough to be shipping some dollars
it's been a huge party this year
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10-04-2010 , 02:48 PM
Do you guys like to totally ignore totals when including your push %'ages on random numbers and home/away favs/dogs?
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10-04-2010 , 05:49 PM
Quote:
Originally Posted by hedgie43
Yeah none of us here can do remedial math.
Quote:
Originally Posted by Daliman
You'd be surprised.
Judging by the length of this and other post-Daliman threads where no-one can ever agree on what a Wong is or isn't, I wonder. This is one of the easier concepts, and I freely admit having to exert to grasp some intermediate-level ideas.
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10-04-2010 , 05:55 PM
Quote:
Originally Posted by Ramstone
Judging by the length of this and other post-Daliman threads where no-one can ever agree on what a Wong is or isn't, I wonder. This is one of the easier concepts, and I freely admit having to exert to grasp some intermediate-level ideas.
If you need Daliman to tell you what games are lined either 1.5,2,2.5,7.5,8,8.5 then you probably shouldn't be betting sports. If there isn't discussion of other teasers based on Wong's original idea then there isn't a reason for this thread to exist.
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10-04-2010 , 06:10 PM
weeeeeeeee dodged colts/titans by randomness. dolphins/pats wong middle 1 time!
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10-04-2010 , 07:40 PM
peoples' heads are going to blow up when they realize Penn State is going to be one of the best legs of this coming weekend
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10-04-2010 , 07:42 PM
Quote:
Originally Posted by MyTurn2Raise
peoples' heads are going to blow up when they realize Penn State is going to be one of the best legs of this coming weekend
i count 5 teasable college home favs this wknd
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10-04-2010 , 09:34 PM
Quote:
Originally Posted by beetman
It's not that tough. Road favorite teasers suck so they should generally be avoided,
so i guess that means blindly betting home dogs is profitable?????? or maybe road favorites used to suck because books would purposely give bad lines on them but now the lines are more efficient due to the internet and just the amount of volume that road favorites are fine

also never tease on or against jacksonville i think they're like 0-90 whenever they're involved

Last edited by gfxhjk; 10-04-2010 at 09:47 PM.
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10-04-2010 , 09:46 PM
Quote:
Originally Posted by rsigley
so i guess that means blindly betting home dogs is profitable??????
No, there is a big difference between a home dog of +7.5 and a home dog of +1.5.

Quote:
or maybe road favorites used to suck because books would purposely give bad lines on them but now the lines are more efficient due to the internet and just the amount of volume that road favorites are fine
Good luck with your road favorite teasers if you don't middle them with a ML.
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