This would mean that for every $100 placed on the underdog, the payout will equal $200. With the payout for favorites being a lot to win a little, the payout for underdogs is just a little to win a lot.Īn underdog on the money line may see a payout of (+200). While there are advantages to betting the favorite on the money line, serious payouts can come when betting underdogs on the money line. This is the long-term difference between parlaying and teasing. Teasing through 7 presents an added value that teasing through zero does not have.

This is because the tease goes through 7, 6, 4, and 3 which is all of the key numbers. However, if a favorite is more than a touchdown favorite, sitting at 7 or 7.5, it is smarter to tease it down. Taking to favorites of six points or less on a parlay is a more profitable decision than a teaser. Teasing a favorite to get an extra point on the other side of pick em is not significant, so you are paying for an extra point or two you do not need. When a spread is less than seven, you want to look for the money line. When is the proper time to tease a spread, and when is an appropriate time to parlay a money line? Instead of a 13:5 payout, it is a standard payout because you get six points on each side. The weighted odds of your favorites put together in a parlay evens out with the odds of the parlay.Īt the same time, there is the ability to tease or take six points on each side of the spread. So, with the 13:5 odds you can put two favorites of -200 odds on the money line in a parlay to see a payout close to even. This makes sense as you need to bet two teams, and both need to win to cash. A parlay pays out 13 to 5 with two teams, which means that if you bet 5 on a parlay, it pays out 13. One way to avoid the tax of paying for a heavy favorite on the money line is to parlay them without another favorite.

Moneyline parlay strategy