2 Team Teaser Calculator
- 2 Team Football Teaser Calculator
- Basketball Teaser Calculator
- 2 Team Teaser Bet Calculator
- 2 Team Teaser Odds
Sportsbook Teaser Calculator: Getting ready for Football Season. Note that a 2-team teaser with a push is not reduced to a 1-team teaser as there is no. To use the calculator, enter the purchase price, and select your amortization period (in months) and mortgage interest rate. Using a conventional six-point teaser, that would reduce the point spreads of each team to 1½ and 4½ points respectively. Should each team cover the revised odds, the bettor would be paid out at.
Evan Rapoport
Evan Rapoport is one of the principals of hedge fund research and services firm, HedgeCo Networks. At HedgeCo, Mr. Rapoport helps to oversee a hedge fund database of over 6000 hedge funds, as well as hedge fund community of over 25,000 members. He has helped to create almost two hundred hedge fund websites and has also consulted on a substantial amount of new hedge fund launches. Mr. Rapoport and has been featured on CNBC, in Newsweek Magazine, South Florida Business Journal, Florida Trend and Registered Rep. Magazine, among various other publications.
Prior to helping found HedgeCo Networks, Mr. Rapoport was a Senior Vice President at Broadband Capital Management, a NASD member brokerage firm in NYC, NY. At Broadband, Mr. Rapoport managed assets for institutions as well as high net worth clients, and also participated in many private placements and PIPE transactions. Before Broadband, Mr. Rapoport was the youngest Senior Vice President in history at NYSE member Oscar Gruss' Private Client Group. He started his career in a Chairman's Council member's office at Paine Webber in NYC, NY. Mr. Rapoport currently holds Series 7, 63, 24, and 55 securities licenses. He also holds a B.A. from the University of Florida.
Aaron Wormus
Aaron Wormus has worked as the Technical Lead and Web Project Manager at HedgeCo Networks since 2004. As an experienced Internet developer, he lead the development of the HedgeCo Websites platform, and added hundreds of client-requested features to the more than 40 deployments of the system.
Prior to working with HedgeCo Networks, Aaron worked as a freelance consultant implementing back-end systems for clients ranging from telecommunications companies to mining companies and Silicon Valley software distributors.
Aaron Wormus studied Information Technology and Journalism in Finland, and writes technology pieces as a hobby. His written work has been published in various technology magazines, translated into 5 European languages, as well as published in an upcoming book. Aaron regularly speaks at PHP Programming conferences, and is involved in the organization of his local technology user group.
When topics related to “NBA teaser betting” pop-up on forums, discussions are generally met by moderators informing basketball teasers are sucker bets. While these mods speak partial truth, the only reason most sports bettors aren’t crushing basketball teasers on a consistent basis is because they hate money, or more commonly, it’s because they lack the skills or initiative required to calculate which point-spreads are the most profitable to tease. In this article I’ll teach you how to do just that, using NBA teasers. While it’s a bit simple-math and example intensive, if you follow along I’m sure you’ll be glad you did when the profits start rolling in.
Basketball Teaser Odds
Let’s start with the most obvious. To win betting NBA teasers you’ll need to bet with the best odds available. Deciding on which odds are best isn’t exactly easy for the reason odds are not standard; every site has their own set of fixed teaser odds and some sites start at 4-point teasers, while others start at 4.5 or 5 points. The world’s largest bookmaker, Bookmaker.com starts their basketball teasers at 5-points and discount sportsbooks such as Pinnacle Sports and 5Dimes.eu offer these as well. Here is quick comparison of 5-point teaser odds at eight online betting sites.
- Sportsbook: 2-team 5-points (-130)
- 2BetDSI: 2-team 5-points (-130)
- Intertops: 2-team 5-points (-130)
- BetOnline: 2-team 5-points (-120)
- Bodog.com: 2-team 5-points (-120)
- Bookmaker.com: 2-team 5-points (-110)
- Pinnacle Sports: 2-team 5-points (-110)
- 5Dimes.eu: 2-team 5-points (-110)
I’ll say this, teasers are tough to beat at -110 and near impossible to beat at -120 and -130. The good news is, digging a little deeper you’ll find 5Dimes.eu offers 4.5 point “ties win” teaser at +101. When this teaser is applied only to point spreads where it’s possible to push (so one’s with a half point before the tease) this is the same thing as getting a 5-point teaser at +101. This is in incredible when compared to the teaser odds of other betting sites. So, for the remainder of this review all of our teasers analysis will be based on 4.5-point “ties win” teasers at +101.
Understanding the Odds
2 Team Football Teaser Calculator
The required win rate to break even on +101 bets is 49.75%. The formula used to calculate this is “risk divided by return”. At +101 we risk $100 to win $101 so our return is $201 (stake + win) and therefore the math is 100/201=0.4975 which is a decimal for 49.75%. In a 2-team teaser this is how often both teams together must win to break even. To calculate how often each team must win individually, Google search “square root calculator” and plug in 0.4975. Here you’ll find 0.70533 x 0.70533 = 0.4975. Therefore, to win betting 2-team NBA teasers at +101 we need to make selections that when teased 4.5-points “ties win” have greater than a 70.5% chance of covering.
Which Teams to Tease
Even at 5Dimes.eu industry leading teaser odds, if we randomly pick teams we’re going to lose a lot of money over the long haul. To show why: using the past 4 full seasons of data together with season to date for the 2010/11 season, on March 13, 2011 I pulled stats and determined the following.
All spreads teased 4.5 points “ties win” combined for a record of a record 8313-4127 (66.8%); the subsets are broken down below.
- Home Favs: 2878-1523 (65.4%)
- Home Dogs: 1231-588 (67.7%)
- Road Favs: 1183-636 (65.0%)
- Road Dogs: 3021-1380 (68.6%)
Basketball Teaser Calculator
Obviously all of these subsets fall short of the 70.5% required break even rate on 5Dimes 2-team 4.5-point “ties win” basketball teasers.
Looking at totals, there is no help here either. Using the same data, teased unders went 3798-2422 (61.1%) and teased overs went 3732-2488 (60.0%). These stats are hideous! If you want to be a winning sports bettor, be absolutely sure to avoid teasers involving basketball totals.
As you can see there is plenty reason behind mods on forums informing basketball teasers are sucker bets, and keep in mind, this is at 5Dimes industry leading odds. To beat 2-team 5-point teasers at sites offering -110 to -130 you’d have to have each team cover 72.4% to 75.2% of the time instead of the 70.5% required for 5Dimes teasers. Now with all this said, if you realize in NBA basketball not all points off a point-spread have equal value, it’s possible to increase cover rates.
NBA Margins of Victory
Over the past 6,220 NBA games this is how often the margins of victories landed on the points between 1 and 14:
- 1 point: 251
- 2 points: 347
- 3 points: 333
- 4 points: 370
- 5 points: 413
- 6 points: 375
- 7 points: 410
- 8 points: 388
- 9 points: 359
- 10 points: 318
- 11 points: 301
- 12 points: 246
- 13 points: 250
- 14 points: 202
The distribution of margin of victory has clutters around certain points for reasons related to end game strategy of closely contested games. This involves intentional fouls, buzzer beaters, holding for final possessions, etc. I’ll note this is not a data-mined sample to prove a point; it’s a well-known fact that in NBA basketball 7 and 5 are the most frequent margins of victory and it’s been this way for many years.
Knowing this, there are few things we need to consider to determine which point spreads are the best to tease. First off, 5 and 7 are the most common margins of victory and the numbers surrounding them are frequent as well. Ideally we want to only select teasers that cross 5 and 7. Also considering 5Dimes offers us “ties win” we don’t want to waste half points as in this range every half point is worth a lot. With all this considered, it seems common sense the optimal teasers subsets on 5Dimes 4.5-Point “ties win” are: 1) all underdogs of exactly +2.5, +3.5 and +4.5 and 2) all favorites of exactly -7.5, -8.5 and -9.5. Using these subsets, we always cross the two most frequent margins of victory 5 and 7, and also don’t waste any half-points on spreads that can’t push; all of our teasers are the equivalent of 5-point teasers at +101 because “ties win”.
Testing out with data pulled season to date on March 13, 2011 plus the 4 previous seasons the results came to 1200-491 (71.0%). This is better than our required 70.5% break even rate.
For those interested in the subset breakdown, here goes:
- Home Favs: 401-149 (72.9%)
- Road Favs: 96-40 (70.6%)
- Home Dogs: 268-114 (70.2%)
Perhaps keeping an eye on the road dogs, or dogs overall, would make sense as these fall short of the break even rate. For sure though, if there is a home favorite and you need a team to match it with, home dogs are a great option as 72.9% + 70.2% is still largely +EV when combined together.
Worth noting is, these opportunities are quite frequent. In teasers it’s a must you have another leg to match each selection with. Removing road dogs (the least profitable subset), during the 2009/10 season there were still 162 teasable games, meaning there was one or more other legs available to tease them with, and they matched the criteria of one of the remaining 3 subsets. So if you think for a minute, I just gave you 150+ profitable NBA picks per season. There are tout sites that charge thousands of dollars, don’t release nearly as many plays, and many of them are nothing more than deceptive marketers that masquerade as sharps. Considering I just passed you the rice bowl on how to crush basketball teasers, I ask one small favor in return; please sign up with one of the sportsbooks mentioned below.
5Dimes – Seeing as you’re now a sharp NBA bettor, 5Dimes is a must have account. What you’ll find here is a wide selection of highly +EV props, as well as the industry’s best NBA promotions including free bets, and sometimes triple odds on props involving nationally televised NBA games.
2BetDSI.com – If you’re going to profit off basketball teasers, you might as well do the same for football. While not competitive in basketball, 2BetDSI has awesome odds on NFL teasers. For more info see our comprehensive guide to teaser betting strategy where football is covered in depth.
2 Team Teaser Bet Calculator
Bookmaker.com – No matter what size your bankroll is now, if you manage it well, and apply the strategies covered at OnlineGambling.co eventually you’re going to outgrow you betting limits everywhere else. Bookmaker, in business since 1985, is the industry’s oldest and most trusted sportsbook. They also boast the highest limits on the net allowing $10,000 bets on NBA teasers, $20,000 bets on football teasers, and $30K to $40K wagers on most point spreads.
2 Team Teaser Odds
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