If you are a bettor interested in point spreads and totals, you cannot miss Wong teasers, a smart approach to these types of bets in NHL games. Invented by someone who goes by the pseudonym "Stanford Wong," this strategy has become so effective that it has changed the sports betting industry almost overnight and forced the odds makers to have to adjust their line on the board to balance the profits, where the players benefit significantly from that.

Today's article will introduce you to the famous Wong teasers strategy, how it works, and how it made a breakthrough in the online sports betting industry. So, let's get started now.

What is Wong Teaser?

Wong teasers are a sophisticated gambling approach that allows the bettor to manipulate point spreads and/or Over-Under totals in their favor. That can be determined clearly in the example below:

If you decide to bet on the Buffalo Sabres as (-3) favorites over the Montreal Canadiens and the Under on a total of 48 points, a simple 6-point teaser would modify the bet value as follows. By adjusting the spread by 6 points for your benefit, Buffalo Sabres is now (+3), and your total bet is now Under 54 points.

What is Wong Teaser?
What is Wong Teaser?

Teasers, like parlays, must be associated with two other sides, and all your selection must win (or at least push) for you to win your bet.

Who is the Father of This Betting Type?

The name Stanford Wong has become well known to longtime sports bettors because of the effective strategic work he produces. He was first known for his 2001 book Sharp Sports Betting, which became one of the best books on sports betting in history.

"Stanford Wong" is just a pseudonym for his books. His real name is John Ferguson, a Ph.D. in financial studies from Stanford University. With a passion for blackjack strategy research, he was driven by the idea that savvy players could gain an advantage over the house. Since then, he has devoured Edward O. Thorp's first treatise on basic blackjack strategy and expanded upon the author's theories. Soon later, he went directly to Vegas to study the gambling world.

Ferguson devised an interesting means of sharpening his edge. Rather than playing and losing money until a favorable count occurred, Ferguson simply stayed close and kept a running count inconspicuously. Then, when he realized the deck was designed to give him an advantage, he jumped into the game and placed a few huge bets.

Ferguson's thoughts were collected in "Professional Blackjack" (1975), published under the pen name "Stanford Wong." The book then met with unexpected success and forced the casinos to adjust the odds to protect their profits.

Wong spent a lot of time investigating important statistics for NFL games and discovered that teasers would be a great approach to capitalize on these circumstances. Precisely, NFL game winners are determined by three points difference around 15% of the time and by seven points about 8% of the time. Otherwise, the most common margins of defeat are 10 and 6 points.

The reason for most games concluding by three or seven points is self-evident. It is the aggregate amount of points scored by a field goal and a touchdown. Therefore, teasers that fluctuate between the two crucial numbers of three and seven, according to Wong's idea, are the most lucrative. He was correct then and created one of the greatest teaser strategies of all time.

Wong Teasers Explained

The strategy that Wong invented is applied to certain point spreads betting in NHL games, which is the most popular bet type of the sport. Wong's theory is built on the so-called "key" numbers, 3 and 7. As mentioned, these numbers are chosen since most of the gridiron scoring plays will be field goals (3 points) or touchdowns (7 points). And based on the football experts' betting experience, the majority of final scores are determined by these important figures. So, for example, you may see some common NHL scores go as 21-14, 31-28, and so on.

Key numbers have long been recognized as having intrinsic significance by both smart bettors and oddsmakers. Bettors look for margins, and pounce on (-2.5 / -6.5) favorites or (+3.5 / +7.5) underdogs, knowing that the additional half-point may push them to get over the boundary of the key number and win the bet.

According to Stanford Wong's strategy, 6-point teasers show their most effective performance when the bettor moves a line through both two key numbers instead of one. More specifically, you may be aiming for the most beneficial point spreads where a 6-point adjustment moves the handicapped line through the 3 and the 7.

Thus, whenever you want to bet on a favorite, you'll need to start modifying teaser values ​​with a spread of (-7.5), (-8), or (-8.5). With that happening, your sliding the line by 6 points in your favor would take you through both key numbers. You can see this right below:

  • (-7.5) > (-7) > (-6.5) > (-6) > (-5.5) > (-5) > (-4.5) > (-4) > (-3.5 ) > (-3) > (-2.5) > (-2) > (-1.5)
  • (-8) > (-7.5) > (-7) > (-6.5) > (-6) > (-5.5) > (-5) > (-4.5) > (4) > (-3.5) > (-3) > (-2.5) > (-2)
  • (-8.5) > (-8) > (-7.5) > ( -7) > (-6.5) > (-6) > (-5.5) > (-5) > (4.5) > (-4) > (-3.5) > (-3) > (-2.5)

The statistic above implies that Wong's teaser strategy works best when the only opening lines on a favorite are (-7.5), (-8), and (-8.5). It means that you simply cannot cross between both crucial digits while teasing other spreads, such as (-6) or (-10).

Some Facts That You Might Want To Know About Wong Teaser

We've rounded up a few interesting facts you'll want to know about Wong and his clever strategy. They will be listed below.

Wong Applied His Gambling Knowledge To Football Teasers In 2001

Wong wrote a slew of strategy books after "Professional Blackjack" gave him a household figure in the gambling world. In 2001, his "Sharp Sports Betting" forum was the first to investigate an ideal technique for teasers bettors. This book was the first to introduce bettors to the idea that cutting across both important numbers provided the best long-term projected value.

Some facts that you might want to know about Wong Teaser
Wong Applied His Gambling Knowledge To Football Teasers In 2001

So Powerful That Sportsbooks Was Forced To Make The Odds Worse

The casinos have faced numerous challenges since Wong's insights were made public. Previously, six-point teasers with two sides were usually set by the oddsmakers with a typical "vig" of (-110). However, since the approach proved to be incredibly efficient, bookies responded by raising the vig to compensate (-120).

Today, many online sportsbooks would even prohibit you from putting together the type of clever teasers Wong found. And when they do, the bets come with strict conditions, such as any side ending in a push causing the betting ticket to losing.

A High Total Score Of 50 Or More Does Not Qualify Wong's Strategy

Although Wong's strategy does not address this directly, the effectiveness of 6-point teasers can be determined by the value of Over- Under totals.

To be more precise, Wong bettors to avoid any game with a total of 50 points or greater, even if the point spread falls within his specified boundaries. According to Wong's research, games with 50+ point totals are intrinsically more unpredictable, as both sides are expected to score in bunches.

With the experience that you have just gained, remember to verify the total for every game you're handicapping with Wong Strategy. The spreads may suit the description, but you won't get the same chances of winning the bet until the total is set at 49 points or fewer.

Conclusion

Our article introduced and detailed one of the smartest innovations in the history of NHL online betting, Wong teasers. Nowadays, however, players will find it difficult to profitably bet teasers at some betting sites, as their profit potential is already limited by the odds providers and not as generous as before. In addition, if you want to learn more about the world of online sports betting, you can refer to our detailed guide articles from our experts on our website.

Published: 24 June 2022 16:34