Hitman26 said:
I'm not sure if this is the answer you are looking for but:
Playing a two team teaser, 6 points, at even juice is equivalent to laying -240 on each leg and it's simply a parlay of those two.
Playing a two team teaser 6.5 points at -110 juice is equivalent to laying -260 on each leg and it's simply a parlay of those two.
Playing a 3 team teaser at 6 points +180 juice is equivalent to laying -240 on each leg ant it's a parlay of those 3.
3 team at 6.5 at +160 = to -260 on each leg and it's a 3 team parlay.
I got a feeling you're making sense, but my understanding is just limited!
I guess I was asking what true odds would be on those teasers - you're saying it's determined by the juice.
A 3 team PARLAY will pay 6-1 at most books, if the juice on all bet teams is -110. True odds are 7-1, so the built in advantage for the book is around 14%, if I have that right.
In hard numbers, what would a two or three team teaser be regarding true odds. Most books will pay 11-10 on a two team (6 pt) teaser, and 8-5 on a 6 pt 3 teamer.
In parlays, the longer the string the higher the juice. (IE, there is more hold for the book on a 3 team parlay than on a two teamer). I assume the same holds true for teasers?.
I had heard there was a syndicate in the 90s in Vegas that make such big bucks betting the two team teasers that the books there were forced to shorten the odds.