Wong Teasers: A Proven Strategy for NFL Bettors (2022)

The new NFL season is right around the corner, and for many bettors, this is their favorite time of year. As the popularity of sports betting continues to grow and new states pass legislation every year, the NFL is still king. One popular way bettors try to find value on NFL lines is by playing teasers.

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Building an NFL Teaser

Traditionally, a teaser is a multi-leg wager of two or more spreads or totals in which you buy points on each leg at a fixed number. For example, if you like the Bills at -1 against the spread and the Falcons at +4.5, you could parlay them for a nice payout of around +264. Parlays can be risky, though, so you decide to go a safer route. Teasing these lines gives you the Bills at +5 and Falcons at +10.5, with a payout of around -120 for a standard six-point teaser.

You just took two spreads you like and made them even more appealing by giving yourself a cushion on the number. Unfortunately, the books know what they’re doing, and often you’re still going to be on the losing end when betting teasers. Unless, of course, you implement a strategy that can find the positive expected value. Lucky for you, that strategy has already been developed.

In his 2001 book, Sharp Sports Betting, Stanford Wong laid out the ground rules for positive expected value teasers, now referred to as Wong teasers.