The Gate
Break-even by price
A teaser is only as good as the price. This is the bar every leg has to clear on a three-leg card.
| 3-team teaser price | Implied win prob | Required per leg |
|---|---|---|
| +180 | 35.7% | 70.9% |
| +170 | 37.0% | 71.8% |
| +160 | 38.5% | 72.7% |
| +150 | 40.0% | 73.7% |
| +140 | 41.7% | 74.7% |
| +130 | 43.5% | 75.8% |
| +120 | 45.5% | 76.9% |
| +100 | 50.0% | 79.4% |
| -110 | 52.4% | 80.6% |
| -130 | 56.5% | 82.7% |
Required per leg is the cube root of the implied win probability: all three legs have to land. A leg that simulates at 78 percent is a play at +150 and a losing bet at -110.