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Old 10-31-2007, 05:58 PM
Daliman Daliman is offline
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Join Date: Sep 2002
Location: Wongs are two things, (at least).
Posts: 10,376
Default Re: Daliman\'s Wong Teasers, Season Deux: Week 8

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Dali - Quick question regarding amount of total teasers.

Here is my example: This week I will be placing the teaser bets on Saturday. The lines have been rather volatile than normal so depending on where they end up I could have between 5 and 7 wongable, bongable, splongable games.

My question is how many teases do you make and with how many teams?

So lets say that 5 games are wongable. By adding 5c2 + 5c3 + 5c4 + 5c5 = 26. I can make 26 totals teases ranging from 10 two team teases to one 5 team tease. With 6 games the total becomes 57 and with 7 games it would obviously be more.

So when the total number of wongable games is decided do you make every single type of teaser bet from two teams to the one final large one?

Also, this week Pitt is going to be at -9 and I will wong them at 6.5 Should I make all the wongs 6.5 or only the ones with Pitt in them, or make a separate subset for these "reach" wongs.

Also, I dont recall if you do one large wong on all the games. How do you feel about this large type of teaser?

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As many teasers as you can afford to properly place given your bankroll, I highly recommend placing. I was actually going to mess around with some #'s, (not my strong suit...) and try to figure out some sort of kelly-based approximation for proper bet sizing given different amounts of similar EV bets. It gets really complicated, and I'm not well versed in kelly beyond the basics. Also, I don't Kelly since I have outside income sources from SB.

That said, last year I was doing 5% of my betting BR per 2 teamer and 2% per 4. Both were grossly overbetting, but again, outside source. Betting ~260% of my BR 2 weeks ago would have been fun....
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