Some bettors might be feeling wronged because some legal online sportsbooks have wrung out all the value from Wong teasers.
For those who don't know what the “Wong” is here, it's what has become basic teaser strategy and named after author Stanford Wong (a pen name) who introduced it in his 2001 book Sharp Sports Betting.
In short: It's betting a six-point teaser only using teams that are either favored between 7.5 and 8.5 points, or underdogs between 1.5 and 2.5 points. Taking these — and only these — accomplishes a singular goal: They move the spread through both the “3” and the “7,” the two numbers games most often finish on. The book detailed the percentages and such, but let it be known these teasers were +EV.
“Two-team teasers were even money, sometimes even +110 back then,” said Ed Miller, author — along with Matthew Davidow — of Interception: The Secrets of Modern Sports Betting.
But the oddsmakers'wised up, and two-team teaser prices went up, Wong or otherwise.