Interesting article...
The hidden value in halves and teaser bets Sides, totals, teasers, props, futures.
It reads like jargon used by some bored office-based architectural assistant, but in reality, it’s a few of the many choices sports bettors have when laying down the cash at a sportsbook.
Although the majority of bettors tackle nothing but side bets, there are many more
valuable bets to profit from if one takes the time to learn the nuances of the different types of plays.
There’s also greater value because oddsmakers spend more time on the side plays bettors are more likely to bet on. With a little time, a bettor can learn to take the books to the bank with less played bets.
As on-line gaming becomes more widespread, two types of bets - halves and teasers - gain in popularity. Halves and teasers were originally only available in Las Vegas-based sportsbooks. Still, even the advent of the Internet, the two types of bets are still far and away less popular than side plays.
Halves bets allow players to lay the cash on the outcome of a given half of a game. Therefore, there are two halves bets for single football and basketball games. Sometimes books offer halves bet on baseball games with a half comprised of 4 1/2 or 5 innings.
There are several advantages to halves bets, especially in football.
"Football games really are two entirely seperate games,” Las Vegas-based handicapper David Malinsky says. “Fundamentally, there are things that teams want to do early to set a tempo in a game that might not have anything to do with how they are going to play in the second half. It's really the fundamental knowledge of the players and the coaches that can work to our advantage."
The good thing about betting on the first half of a game is a bettor knows whether his or her bet is a winner or not after 30 minutes. It also gives the bettor a sense of the weather, player mismatches and how a team is performing to lay the smart cash on the second-half bet.
"What we look for is game plans and personnel matchups for those first 30 minutes,” says Malinsky, who releases the popular
"30 Minutes to Profits" picks. “The nice thing about the first half is its starter against starter. Especially in college football, if you got a team that's favored by something like -17 points or more, a good portion of the second half is going to be played by the reserves.”
First half bets are also good when one talented team has a chance to blowout a mediocre team.
"At the beginning of the game, it's each coach calling the plays they want to call, not the plays they are forced to call,” Malinsky says. “First quarter football is about coaches want to do. Third and fourth quarter football is what the coaches have to do."
Bettors also hold an advantage over the books on second half halves bets because oddsmakers have only a 15-20 minute window to set the lines for the second half. Rarely do the books take into account the performance of the teams in the first half to set their lines. Instead, the oddmakers usually set the second half line based off numbers and power ratings collected before the game even starts.
Teasers are another good way to break the bank. Basically, teasers are two-game parlays in which a bettor may adjust the point spreads of two games by a total of six or seven points, depending on the type of teaser a player lays.
For example, if oddsmakers make Indianapolis a –7 favorite in one game and Baltimore a +3 'dog, a player has six or seven points to “move” the lines in the two games. Therefore, a player could possibly move the line on Indianapolis to zero and the Baltimore game at to +10.
Long thought of as sucker bets, there are particular situations that teasers become advantage plays.
"In football, they're good because there's key numbers which are often important, such as 3 and 7,” says handicapper Steve Merril, who often releases
teaser picks. “About 15 percent of all games land on exactly three points and another ten percent or so land of games land on 6 and 7 combined. All of a sudden, a those are wins because of the teaser."
But there are certain situations a player must be aware of before he or she invests in a teaser bet.
"You want to use it in games where the points matter,” Merril says. “If you think a team is going to blow another team out, then it's not a smart move to use a teaser. What people don't realize is that the best play isn't usually your best teaser play because if it's that strong, you don't need the extra points and there's no sense tying it up with another game."
High offense is also not conducive to a valuable teaser bet. If two offenses meet each other, an offensive shootout usually results in a higher margin of victory. But if two strong defenses meet, a teaser isn’t such a bad idea.
"The whole key to teasers being successful is that the point spread is very accurate,” Merril says. “So if there's a good chance that it falls within that six-point margin, then moving the line is very advantageous. In college the lines aren't so accurate and there's a lot more blow out, so teasers aren't as worth it."
The time to get on halves and teaser bets is now. Since less players lay down the cash on these bets, there’s more value since the oddsmakers devote more time into the sides and, to a certain extent, the totals bets. Still, even if halves and teasers become as popular as sides and totals, there will always be value somewhere else.
"As volume increases the oddsmakers will do more work and sometimes it can take some of your edges away,” Malinsky says. “But at the same, as the public gets more involved in betting, it will create some new situations for us."